Roxy Lanes owner Professionals At Play has announced a 24 percent uptick in revenue for 2024 and a 21 percent increase in total profit, following a major period of expansion in which the company opened four new sites and launched the new Star Pins brand.

Professionals At Play, the company behind the Roxy Lanes and King Pins brands, has reported revenue for 2024 was up 24 percent year-on-year to £40.6m, thanks to a major expansion programme.

The company opened four new venues during the period, including its first in London, as well as expanding both Roxy Boar Lane and Roxy Bristol, and launching the new bowling concept Star Pins.

“Following on from significant growth in 2023, the Group continued its growth in line with its expansion plan in 2024,” said a statement from the directors. “By the end of the financial year, there were 22 sites open and operational within the estate (2023: 18), all under the brands Roxy Ball Room, Roxy Lanes, King Pins and Star Pins.”

“Looking forward to 2025, the Group is keen to pursue further expansion in line with its strategic objectives. By the end of the next financial year, the business plans to open at least five new sites across its three brands, along with plans to invest in the existing estate.”

Professionals At Play now operates 25 venues across the UK, necessitating an increase in general expenditure. Despite the group reporting an increase in total profit from £19.3m to £23.4m, operating profit for the period declined marginally from £3m to £2.9m.

“Subsequent to the year-end, the Revolving Credit Facility was also extended to £10m to support the Groups’ continued expansion plan whilst giving sufficient cash headroom for the foreseeable future and for at least the next 12 months.”

More growth in play

Professionals at Play said… “By the end of the next financial year, the business plans to open at least five new sites across its three brands, along with plans to invest in the existing estate…