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Marina Business Rates U-Turn Welcomed



Property consultancy Vail Williams has welcomed a Government U-turn on marinas being excluded from lower rate multipliers in the forthcoming business rates revaluation as a ‘victory for common sense’.


The firm, which acts for a number of the UK’s top marina operators covering multiple sites, is now conveying the news to clients.


This move brings marinas into the same category as retail and leisure businesses such as pubs and restaurants. Business rates will continue to be administered by local authorities.


The Valuation Office Agency (VOA) updated the rateable values of all commercial, and other non-domestic, properties in England and Wales which take effect from 1 April.


The Government announced that from 2026/27, existing business rate relief for retail, hospitality or leisure (RHL) properties would be replaced by a lower rates multiplier to calculate the business rates payable on those properties.


However, marinas were specifically excluded from the RHL lower rates multiplier and faced being subjected to the standard business rates multiplier which applies to non-RHL business properties.

Following a campaign backed by industry body British Marine, the Government has announced a refinement in the Statutory Instrument (SI) defining which properties would be eligible for the new RHL business rates multipliers that will be coming into effect in April.


Dan Tomlinson, Exchequer Secretary to the Treasury announced the change in a letter to British Marine CEO Lesley Robinson. He said:

“I recognise that marinas are distinct from transport properties and that they form part of the infrastructure of leisure activity. Furthermore, the intention has always been for the scope of the new multipliers to broadly reflect the scope of the current RHL relief. Thank you for bringing to my attention that local authorities are currently awarding RHL relief to marinas."

“The Government will therefore be amending the SI ahead of the policy coming into force on 1 April to remove marinas from Schedule 1. This means that marinas with rateable values below £500,000 and that are wholly or mainly used for leisure/recreational purposes will be eligible for the lower business rates multipliers.”


“Ahead of then, the online guidance will be updated, and local authorities will be made aware of the upcoming amendment.”


The reversal means that qualifying marinas will benefit from the 43 pence RHL rate, rather than the standard 48 pence rate.


Vail Williams partner and head of business rates Adam Barnfield said:

“This U-turn can be considered to be a victory for common sense and will benefit the vast majority of marinas which qualify for the lower business rates multipliers."

“However, there have been significant increases in the VOA assessments of the rateable value applied to marinas, with an average 23% increase in values and an additional £5.8 million of rateable value” – which equates to approximately £2.5m in additional revenue for the treasury.”


“Although this is obviously a welcome change in stance from Government, the increase in RV and the removal of the existing retail, hospitality and leisure relief will still have a significant impact on business rates liabilities.”


Ian Froome, Vail Williams partner and head of marine & leisure, added that the upcoming amendment regarding lower rates measures would be welcomed by marina operators as a silver lining, but there would certainly be increased costs all around.

“We cannot say there will be euphoria regarding this refinement in the revaluation process, but it is a cushioning of the significant increases faced by marina operators and should be accepted as such.”

Business rates revaluation 2026.


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  • lindaandrews071
  • 48 minutes ago
  • 3 min read


A female industry leader, who was behind one of Harrods’ most successful marketing campaigns, is setting her sights on expansion after completing a £2m investment drive.


Big Bear Plastics’ Managing Director Emma Hockley is looking to maximise installation of two CNCs, a new robot and a waterjet machine to cement its position as one of the UK’s leading vacuum forming and compression moulding specialists.


She is targeting new opportunities in point-of-sale retail and the defence sector to complement existing high-profile contracts within the agricultural, construction and leisure industries.


A focus on big service, big reliability and rapid response times will be driving the growth beyond £10m by 2027, with the new ERP system helping to optimise manufacturing processes and new product introductions.


“There’s been a lot of change and consolidation in the plastics sector and that represents a big opportunity for us,” explained Emma, who marked five years at the helm this month.

“We’ve invested heavily in new technology and getting experienced manufacturing specialists in place and feel we have the platform and capability now to overcome some of industry’s pain points, including speed of response, material innovation and achieving world class quality in both low and higher volumes.”

She went on to add: “These are already delivering solutions for OEMs in automotive, agriculture and mobile home providers and we believe there are plenty of opportunities where we can deliver products to retail, as well as maximising a renewed focus on defence.”


Big Bear Plastics was founded in 1998 by Emma’s father Gerald Bloom, who previously launched and developed major tier 1 automotive supplier Midland Industrial Plastics.



Located in a 75,000 sq ft factory in Droitwich, the company has evolved from vacuum forming and trimming of plastic parts to offering customers access to high quality compression moulding and waterjet cutting of lightweight interior trim products.


The firm delivers a full-service solution from initial design, development and tooling to the manufacture of medium to high volume moulded parts up to 3.5m x 2.5m.


It works with a wide range of thermoplastic materials, including ABS, PMMA-ABS, HDPE, HIPS, PC and PE in a variety of colours, finishes and thicknesses.


Emma, a recent inductee of the Great 100 campaign by the Made Group, concluded: “Our sales are growing steadily, and I genuinely believe we can achieve and sustain sales of £10m+ by 2027.

“We’ve got the capacity, we’ve got the technology, we’ve got the experience and we’ve got a strong sales pipeline, featuring exciting opportunities in new markets. As we move towards our goal, I believe we’ll be able to create more than 20 jobs during this time, taking our total workforce to 100 people."

“Thermoforming allies itself to multiple sectors and we’re starting to explore more of these. For instance, we’re producing parts ranging from children’s play equipment to highly technical panels for vehicle modifications and aerospace applications…we’re also in discussions with military and defence specialists.”


She concluded: “Manufacturing is completely different to what I was used to as Perfumery & Cosmetics Buyer at Harrods, arguably the world’s biggest and most luxury retailer."


“Here I came up with the Perfume Diaries, an exhibition charting the history of perfume, which generated more than £2m of press coverage and significant sales results. It’s this eye for ‘telling a story’ I want to bring into the world of industry; it will just need to focus on the benefits of vacuum forming plastics rather than high-end fragrance brands!”


Big Bear Plastics, which is accredited to ISO 9001 and is recommended for certification to the ISO 14001 environmental standard, has started work towards being part of the JOSCAR register, a collaborative online platform for the UK aerospace, defence and security sectors.


For further information, please visit here.




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