Pleasure Beach struggles on

The company behind Blackpool Pleasure Beach saw turnover and gross profit fall in the year to 30 March 2008, according to the year-end results filed today, as the leisure market continues to remain highly competitive and afflicted by the weather. Turnover fell by 10 per cent to £34.3m and gross profit by 6 per cent. The company attributes these figures to the closure and sale of Southport’s Pleasureland in September 2007, which also gave the group a profit of £3.2m on the disposal of the assets. Pleasureland was acquired by Sefton Council and is still being considered for redevelopment.