merchant seamen's war memorial society (incorporated)(the)
merchant seamen's war memorial society (incorporated)(the) Company Information
Group Structure
View All
Industry
Other accommodation
Registered Address
springbok farm estate - alfold, nr cranleigh, surrey, GU6 8EX
Website
http://careashore.orgmerchant seamen's war memorial society (incorporated)(the) Estimated Valuation
Pomanda estimates the enterprise value of MERCHANT SEAMEN'S WAR MEMORIAL SOCIETY (INCORPORATED)(THE) at £1.4m based on a Turnover of £1m and 1.32x industry multiple (adjusted for size and gross margin).
merchant seamen's war memorial society (incorporated)(the) Estimated Valuation
Pomanda estimates the enterprise value of MERCHANT SEAMEN'S WAR MEMORIAL SOCIETY (INCORPORATED)(THE) at £0 based on an EBITDA of £-466.1k and a 6.03x industry multiple (adjusted for size and gross margin).
merchant seamen's war memorial society (incorporated)(the) Estimated Valuation
Pomanda estimates the enterprise value of MERCHANT SEAMEN'S WAR MEMORIAL SOCIETY (INCORPORATED)(THE) at £25.4m based on Net Assets of £12.4m and 2.04x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Merchant Seamen's War Memorial Society (incorporated)(the) Overview
Merchant Seamen's War Memorial Society (incorporated)(the) is a live company located in surrey, GU6 8EX with a Companies House number of 00428236. It operates in the other accommodation sector, SIC Code 55900. Founded in January 1947, it's largest shareholder is unknown. Merchant Seamen's War Memorial Society (incorporated)(the) is a mature, small sized company, Pomanda has estimated its turnover at £1m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Merchant Seamen's War Memorial Society (incorporated)(the) Health Check
Pomanda's financial health check has awarded Merchant Seamen'S War Memorial Society (Incorporated)(The) a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £1m, make it in line with the average company (£1.1m)
£1m - Merchant Seamen's War Memorial Society (incorporated)(the)
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (6.8%)
-7% - Merchant Seamen's War Memorial Society (incorporated)(the)
6.8% - Industry AVG
Production
with a gross margin of 54.4%, this company has a comparable cost of product (54.4%)
54.4% - Merchant Seamen's War Memorial Society (incorporated)(the)
54.4% - Industry AVG
Profitability
an operating margin of -49.3% make it less profitable than the average company (6%)
-49.3% - Merchant Seamen's War Memorial Society (incorporated)(the)
6% - Industry AVG
Employees
with 16 employees, this is below the industry average (25)
16 - Merchant Seamen's War Memorial Society (incorporated)(the)
25 - Industry AVG
Pay Structure
on an average salary of £35.6k, the company has a higher pay structure (£25.4k)
£35.6k - Merchant Seamen's War Memorial Society (incorporated)(the)
£25.4k - Industry AVG
Efficiency
resulting in sales per employee of £65.2k, this is more efficient (£53.3k)
£65.2k - Merchant Seamen's War Memorial Society (incorporated)(the)
£53.3k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is near the average (15 days)
14 days - Merchant Seamen's War Memorial Society (incorporated)(the)
15 days - Industry AVG
Creditor Days
its suppliers are paid after 68 days, this is slower than average (19 days)
68 days - Merchant Seamen's War Memorial Society (incorporated)(the)
19 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is more than average (7 days)
9 days - Merchant Seamen's War Memorial Society (incorporated)(the)
7 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1170 weeks, this is more cash available to meet short term requirements (95 weeks)
1170 weeks - Merchant Seamen's War Memorial Society (incorporated)(the)
95 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.2%, this is a lower level of debt than the average (27.9%)
1.2% - Merchant Seamen's War Memorial Society (incorporated)(the)
27.9% - Industry AVG
MERCHANT SEAMEN'S WAR MEMORIAL SOCIETY (INCORPORATED)(THE) financials
Merchant Seamen'S War Memorial Society (Incorporated)(The)'s latest turnover from March 2024 is £1 million and the company has net assets of £12.4 million. According to their latest financial statements, Merchant Seamen'S War Memorial Society (Incorporated)(The) has 16 employees and maintains cash reserves of £3.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,043,483 | 4,838,734 | 906,695 | 1,285,619 | 788,223 | 858,382 | 735,635 | 770,437 | 797,022 | 850,005 | 729,776 | 728,170 | 796,999 | 692,286 | 665,007 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 21,642 | 28,668 | 29,406 | 5,856 | 1,741 | 2,610 | 3,302 | 3,576 | 5,159 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -348,062 | 3,429,193 | 2,392,927 | 1,135,229 | -146,706 | -15,165 | -85,681 | -74,975 | -12,343 | 181,591 | 1,959 | 33,275 | 158,603 | -19,483 | 31,921 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -348,062 | 3,429,193 | 2,392,927 | 1,135,229 | -146,706 | -15,165 | -85,681 | -74,975 | -12,343 | 181,591 | 1,959 | 33,275 | 158,603 | -19,483 | 31,921 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -348,062 | 3,429,193 | 2,392,927 | 1,135,229 | -146,706 | -15,165 | -85,681 | -74,975 | -12,343 | 181,591 | 1,959 | 33,275 | 158,603 | -19,483 | 31,921 |
| Employee Costs | 569,571 | 516,165 | 446,924 | 437,389 | 363,688 | 364,170 | 340,077 | 317,124 | 310,897 | 280,182 | 292,085 | 294,093 | 278,803 | 293,328 | 280,359 |
| Number Of Employees | 16 | 16 | 16 | 16 | 15 | 13 | 13 | 13 | 13 | 13 | 14 | 13 | 13 | 13 | 13 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,053,907 | 1,039,414 | 980,170 | 956,962 | 946,285 | 1,545,198 | 1,568,166 | 1,589,123 | 1,370,286 | 847,702 | 816,065 | 776,215 | 741,002 | 764,218 | 789,530 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 8,126,716 | 8,041,464 | 8,559,594 | 6,097,489 | 5,275,202 | 4,715,415 | 4,715,415 | 4,741,993 | 4,998,854 | 5,558,252 | 4,533,155 | 4,537,910 | 4,532,859 | 4,530,420 | 4,527,510 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,000 | 15,000 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 9,180,623 | 9,080,878 | 9,539,764 | 7,054,451 | 6,221,487 | 6,260,613 | 6,283,581 | 6,331,116 | 6,369,140 | 6,420,954 | 5,364,220 | 5,314,125 | 5,273,861 | 5,294,638 | 5,317,040 |
| Stock & work in progress | 12,305 | 10,579 | 12,881 | 16,642 | 16,642 | 16,642 | 16,642 | 17,645 | 17,644 | 18,647 | 19,816 | 16,781 | 17,720 | 17,625 | 14,506 |
| Trade Debtors | 41,166 | 41,167 | 50,710 | 32,087 | 7,768 | 22,690 | 23,511 | 33,857 | 23,533 | 34,790 | 19,902 | 22,376 | 26,492 | 17,297 | 27,868 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 17,050 | 4,611 | 13,078 | 327,450 | 11,432 | 38,263 | 29,277 | 41,381 | 49,719 | 96,585 | 38,619 | 50,228 | 164,407 | 44,423 | 83,168 |
| Cash | 3,308,793 | 4,499,735 | 404,831 | 162,301 | 94,753 | 190,628 | 184,936 | 179,120 | 219,103 | 103,971 | 141,418 | 198,525 | 93,218 | 54,149 | 11,300 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,379,314 | 4,556,092 | 481,500 | 538,480 | 130,595 | 268,223 | 254,366 | 272,003 | 309,999 | 253,993 | 219,755 | 287,910 | 301,837 | 133,494 | 136,842 |
| total assets | 12,559,937 | 13,636,970 | 10,021,264 | 7,592,931 | 6,352,082 | 6,528,836 | 6,537,947 | 6,603,119 | 6,679,139 | 6,674,947 | 5,583,975 | 5,602,035 | 5,575,698 | 5,428,132 | 5,453,882 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,398 | 17,051 | 13,407 | 13,297 | 12,530 | 10,697 | 9,184 | 9,184 |
| Bank loan | 0 | 51,247 | 56,437 | 70,078 | 22,986 | 14,927 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 89,501 | 53,455 | 36,482 | 49,219 | 39,540 | 57,714 | 55,236 | 57,411 | 47,521 | 20,165 | 48,396 | 48,747 | 44,562 | 48,043 | 37,541 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 57,511 | 143,892 | 49,930 | 81,891 | 32,697 | 28,778 | 25,202 | 25,668 | 25,428 | 23,061 | 23,249 | 25,514 | 29,908 | 28,817 | 37,684 |
| total current liabilities | 147,012 | 248,594 | 142,849 | 201,188 | 95,223 | 101,419 | 80,438 | 97,477 | 90,000 | 56,633 | 84,942 | 86,791 | 85,167 | 86,044 | 84,409 |
| loans | 0 | 627,389 | 546,621 | 452,876 | 453,221 | 477,073 | 492,000 | 455,319 | 466,980 | 484,201 | 11,822 | 25,237 | 38,848 | 51,448 | 62,260 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 627,389 | 546,621 | 452,876 | 453,221 | 477,073 | 492,000 | 455,319 | 466,980 | 484,201 | 11,822 | 25,237 | 38,848 | 51,448 | 62,260 |
| total liabilities | 147,012 | 875,983 | 689,470 | 654,064 | 548,444 | 578,492 | 572,438 | 552,796 | 556,980 | 540,834 | 96,764 | 112,028 | 124,015 | 137,492 | 146,669 |
| net assets | 12,412,925 | 12,760,987 | 9,331,794 | 6,938,867 | 5,803,638 | 5,950,344 | 5,965,509 | 6,050,323 | 6,122,159 | 6,134,113 | 5,487,211 | 5,490,007 | 5,451,683 | 5,290,640 | 5,307,213 |
| total shareholders funds | 12,412,925 | 12,760,987 | 9,331,794 | 6,938,867 | 5,803,638 | 5,950,344 | 5,965,509 | 6,050,323 | 6,122,159 | 6,134,113 | 5,487,211 | 5,490,007 | 5,451,683 | 5,290,640 | 5,307,213 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 48,798 | 37,339 | 29,814 | 39,188 | 40,000 | 39,999 | 41,965 | 42,662 | 45,500 | 37,914 | 40,689 | 38,629 | 23,216 | 26,388 | 19,870 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 1,726 | -2,302 | -3,761 | 0 | 0 | 0 | -1,003 | 1 | -1,003 | -1,169 | 3,035 | -939 | 95 | 3,119 | 14,506 |
| Debtors | 12,438 | -18,010 | -295,749 | 340,337 | -41,753 | 8,165 | -22,450 | 1,986 | -73,123 | 72,854 | 917 | -118,295 | 129,179 | -49,316 | 111,036 |
| Creditors | 36,046 | 16,973 | -12,737 | 9,679 | -18,174 | 2,478 | -2,175 | 9,890 | 27,356 | -28,231 | -351 | 4,185 | -3,481 | 10,502 | 37,541 |
| Accruals and Deferred Income | -86,381 | 93,962 | -31,961 | 49,194 | 3,919 | 3,576 | -466 | 240 | 2,367 | -188 | -2,265 | -4,394 | 1,091 | -8,867 | 37,684 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | 0 | 6,437 | -1,499 | -7,709 | ||||||
| Change in Investments | 85,252 | -518,130 | 2,462,105 | 822,287 | 559,787 | 0 | -26,578 | -256,861 | -559,398 | 1,025,097 | -4,755 | 5,051 | 2,439 | 2,910 | 4,527,510 |
| cash flow from investments | -85,252 | 518,130 | -2,462,105 | -822,287 | -559,787 | 0 | 33,015 | 255,362 | 551,689 | ||||||
| Financing Activities | |||||||||||||||
| Bank loans | -51,247 | -5,190 | -13,641 | 47,092 | 8,059 | 14,927 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -627,389 | 80,768 | 93,745 | -345 | -23,852 | -14,927 | 36,681 | -11,661 | -17,221 | 472,379 | -13,415 | -13,611 | -12,600 | -10,812 | 62,260 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | -21,642 | -28,668 | -29,406 | -5,856 | -1,741 | -2,610 | -3,302 | -3,576 | -5,159 |
| cash flow from financing | -678,636 | 75,578 | 80,104 | 46,747 | -15,793 | 0 | 15,906 | -37,190 | -46,238 | 931,834 | -19,911 | -11,172 | -13,462 | -11,478 | 5,332,393 |
| cash and cash equivalents | |||||||||||||||
| cash | -1,190,942 | 4,094,904 | 242,530 | 67,548 | -95,875 | 5,692 | 5,816 | -39,983 | 115,132 | -37,447 | -57,107 | 105,307 | 39,069 | 42,849 | 11,300 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -14,398 | -2,653 | 3,644 | 110 | 767 | 1,833 | 1,513 | 0 | 9,184 |
| change in cash | -1,190,942 | 4,094,904 | 242,530 | 67,548 | -95,875 | 5,692 | 20,214 | -37,330 | 111,488 | -37,557 | -57,874 | 103,474 | 37,556 | 42,849 | 2,116 |
merchant seamen's war memorial society (incorporated)(the) Credit Report and Business Information
Merchant Seamen's War Memorial Society (incorporated)(the) Competitor Analysis
Perform a competitor analysis for merchant seamen's war memorial society (incorporated)(the) by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in GU6 area or any other competitors across 12 key performance metrics.
merchant seamen's war memorial society (incorporated)(the) Ownership
MERCHANT SEAMEN'S WAR MEMORIAL SOCIETY (INCORPORATED)(THE) group structure
Merchant Seamen'S War Memorial Society (Incorporated)(The) has no subsidiary companies.
Ultimate parent company
MERCHANT SEAMEN'S WAR MEMORIAL SOCIETY (INCORPORATED)(THE)
00428236
merchant seamen's war memorial society (incorporated)(the) directors
Merchant Seamen'S War Memorial Society (Incorporated)(The) currently has 7 directors. The longest serving directors include Mr Vincent Bick (Jan 2020) and Mr Kenneth Usher (Oct 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Vincent Bick | 69 years | Jan 2020 | - | Director | |
| Mr Kenneth Usher | 65 years | Oct 2020 | - | Director | |
| Mr Andrew Speirs | 71 years | Sep 2022 | - | Director | |
| Mr Nigel Waterson | 74 years | Sep 2022 | - | Director | |
| Ms Amelia Goodwin | 33 years | Dec 2023 | - | Director | |
| Mr Colin Stracey | England | 69 years | Dec 2024 | - | Director |
| Mr Alistair MacKenzie | England | 60 years | Dec 2024 | - | Director |
P&L
March 2024turnover
1m
-78%
operating profit
-514.9k
0%
gross margin
54.4%
-2.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
12.4m
-0.03%
total assets
12.6m
-0.08%
cash
3.3m
-0.26%
net assets
Total assets minus all liabilities
merchant seamen's war memorial society (incorporated)(the) company details
company number
00428236
Type
Private Ltd By Guarantee w/o Share Cap
industry
55900 - Other accommodation
incorporation date
January 1947
age
78
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
JACOB CAVENAGH & SKEET
address
springbok farm estate - alfold, nr cranleigh, surrey, GU6 8EX
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
PENNINGTONS MANCHE LLP
merchant seamen's war memorial society (incorporated)(the) Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 6 charges/mortgages relating to merchant seamen's war memorial society (incorporated)(the). Currently there are 4 open charges and 2 have been satisfied in the past.
merchant seamen's war memorial society (incorporated)(the) Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for MERCHANT SEAMEN'S WAR MEMORIAL SOCIETY (INCORPORATED)(THE). This can take several minutes, an email will notify you when this has completed.
merchant seamen's war memorial society (incorporated)(the) Companies House Filings - See Documents
| date | description | view/download |
|---|
