manston spitfire and hurricane memorial trust limited
manston spitfire and hurricane memorial trust limited Company Information
Company Number
03092670
Next Accounts
May 2025
Shareholders
raf manston spitfire & hurricane memorial museum
Group Structure
View All
Industry
Museum activities
Registered Address
the airfield, manston road, ramsgate, kent, CT12 5DF
Website
http://spitfiremuseum.org.ukmanston spitfire and hurricane memorial trust limited Estimated Valuation
Pomanda estimates the enterprise value of MANSTON SPITFIRE AND HURRICANE MEMORIAL TRUST LIMITED at £8.6k based on a Turnover of £11.7k and 0.74x industry multiple (adjusted for size and gross margin).
manston spitfire and hurricane memorial trust limited Estimated Valuation
Pomanda estimates the enterprise value of MANSTON SPITFIRE AND HURRICANE MEMORIAL TRUST LIMITED at £0 based on an EBITDA of £-35.2k and a 5.41x industry multiple (adjusted for size and gross margin).
manston spitfire and hurricane memorial trust limited Estimated Valuation
Pomanda estimates the enterprise value of MANSTON SPITFIRE AND HURRICANE MEMORIAL TRUST LIMITED at £5.6k based on Net Assets of £3.1k and 1.82x industry multiple (adjusted for liquidity).
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Manston Spitfire And Hurricane Memorial Trust Limited Overview
Manston Spitfire And Hurricane Memorial Trust Limited is a live company located in ramsgate, CT12 5DF with a Companies House number of 03092670. It operates in the museums activities sector, SIC Code 91020. Founded in August 1995, it's largest shareholder is raf manston spitfire & hurricane memorial museum with a 100% stake. Manston Spitfire And Hurricane Memorial Trust Limited is a mature, micro sized company, Pomanda has estimated its turnover at £11.7k with declining growth in recent years.
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Manston Spitfire And Hurricane Memorial Trust Limited Health Check
Pomanda's financial health check has awarded Manston Spitfire And Hurricane Memorial Trust Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
8 Weak
Size
annual sales of £11.7k, make it smaller than the average company (£295.7k)
- Manston Spitfire And Hurricane Memorial Trust Limited
£295.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -43%, show it is growing at a slower rate (3.6%)
- Manston Spitfire And Hurricane Memorial Trust Limited
3.6% - Industry AVG
Production
with a gross margin of 57%, this company has a comparable cost of product (57%)
- Manston Spitfire And Hurricane Memorial Trust Limited
57% - Industry AVG
Profitability
an operating margin of -336.1% make it less profitable than the average company (11.2%)
- Manston Spitfire And Hurricane Memorial Trust Limited
11.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (9)
- Manston Spitfire And Hurricane Memorial Trust Limited
9 - Industry AVG
Pay Structure
on an average salary of £18.7k, the company has an equivalent pay structure (£18.7k)
- Manston Spitfire And Hurricane Memorial Trust Limited
£18.7k - Industry AVG
Efficiency
resulting in sales per employee of £11.7k, this is less efficient (£53.5k)
- Manston Spitfire And Hurricane Memorial Trust Limited
£53.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Manston Spitfire And Hurricane Memorial Trust Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 98 days, this is slower than average (30 days)
- Manston Spitfire And Hurricane Memorial Trust Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 1384 days, this is more than average (92 days)
- Manston Spitfire And Hurricane Memorial Trust Limited
92 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is less cash available to meet short term requirements (257 weeks)
15 weeks - Manston Spitfire And Hurricane Memorial Trust Limited
257 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.9%, this is a higher level of debt than the average (4.7%)
91.9% - Manston Spitfire And Hurricane Memorial Trust Limited
4.7% - Industry AVG
MANSTON SPITFIRE AND HURRICANE MEMORIAL TRUST LIMITED financials
Manston Spitfire And Hurricane Memorial Trust Limited's latest turnover from August 2023 is estimated at £11.7 thousand and the company has net assets of £3.1 thousand. According to their latest financial statements, we estimate that Manston Spitfire And Hurricane Memorial Trust Limited has 1 employee and maintains cash reserves of £10.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 24,017 | 61,353 | 71,257 | 62,235 | 59,909 | 65,975 | 76,317 | 86,643 | 84,433 | 84,457 | 76,859 | 78,158 | |||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 8,080 | 21,063 | 43,638 | 36,816 | 35,672 | 37,960 | 48,839 | 53,084 | 57,220 | 49,674 | 46,867 | 48,335 | |||
| Gross Profit | 15,937 | 40,290 | 27,619 | 25,419 | 24,237 | 28,015 | 27,478 | 33,559 | 27,213 | 34,783 | 29,992 | 29,823 | |||
| Admin Expenses | 35,850 | 40,668 | 6,261 | 5,562 | 6,035 | 4,786 | 6,237 | 5,238 | 4,429 | 4,388 | 4,796 | 4,059 | |||
| Operating Profit | -19,913 | -378 | 21,358 | 19,857 | 18,202 | 23,229 | 21,241 | 28,321 | 22,784 | 30,395 | 25,196 | 25,764 | |||
| Interest Payable | |||||||||||||||
| Interest Receivable | 2 | 10 | 10 | 6 | 10 | 10 | 7 | ||||||||
| Pre-Tax Profit | -19,913 | -378 | 21,358 | 19,857 | 18,202 | 1,510 | -6,511 | 5,740 | -7,957 | 5,588 | 104 | -1,213 | |||
| Tax | |||||||||||||||
| Profit After Tax | -19,913 | -378 | 21,358 | 19,857 | 18,202 | 1,510 | -6,511 | 5,740 | -7,957 | 5,588 | 104 | -1,213 | |||
| Dividends Paid | |||||||||||||||
| Retained Profit | -19,913 | -378 | 21,358 | 19,857 | 18,202 | 1,510 | -6,511 | 5,740 | -7,957 | 5,588 | 104 | -1,213 | |||
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | -19,644 | -114 | 21,817 | 20,354 | 18,890 | 23,692 | 21,877 | 28,928 | 23,381 | 30,744 | 25,814 | 26,053 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 8,138 | 10,434 | 809 | 364 | 364 | 823 | 1,320 | 558 | 634 | 1,116 | 543 | 340 | 689 | 307 | |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 8,138 | 10,434 | 809 | 364 | 364 | 823 | 1,320 | 558 | 634 | 1,116 | 543 | 340 | 689 | 307 | |
| Stock & work in progress | 19,000 | 18,500 | 21,625 | 21,625 | 21,625 | 21,625 | 22,217 | 20,043 | 17,601 | 16,907 | 20,041 | 20,604 | 21,028 | 18,517 | 19,753 |
| Trade Debtors | 229 | 814 | |||||||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 234 | 3,042 | 135 | 1,308 | 23 | 127 | 66 | 66 | 57 | 108 | 118 | ||||
| Cash | 10,335 | 23,559 | 66,842 | 70,430 | 38,780 | 30,774 | 15,287 | 17,220 | 27,195 | 26,730 | 27,785 | 23,789 | 29,215 | 26,781 | 26,723 |
| misc current assets | 1,632 | ||||||||||||||
| total current assets | 29,569 | 45,101 | 88,602 | 94,995 | 60,405 | 52,628 | 37,527 | 37,390 | 44,796 | 43,703 | 48,706 | 44,450 | 50,351 | 45,416 | 46,476 |
| total assets | 37,707 | 55,535 | 89,411 | 94,995 | 60,769 | 52,992 | 38,350 | 38,710 | 45,354 | 44,337 | 49,822 | 44,993 | 50,691 | 46,105 | 46,783 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,349 | 1,984 | 5,726 | 2,191 | 920 | 5,059 | 1,285 | 1,755 | 1,365 | 1,421 | 839 | 1,288 | 862 | 1,414 | 2,476 |
| Group/Directors Accounts | 27,113 | 8,239 | 7,343 | 40,905 | 25,337 | 15,752 | 17,934 | 19,136 | 19,719 | 18,683 | 19,695 | 17,780 | 18,827 | 19,005 | |
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 6,175 | 3,975 | 3,451 | 3,652 | 3,373 | 3,394 | 4,112 | 3,967 | 4,558 | 4,009 | 4,091 | 3,494 | 3,036 | ||
| total current liabilities | 34,637 | 14,198 | 16,520 | 2,191 | 41,825 | 34,048 | 20,410 | 23,083 | 24,613 | 25,107 | 24,080 | 24,992 | 22,733 | 23,735 | 24,517 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 34,637 | 14,198 | 16,520 | 2,191 | 41,825 | 34,048 | 20,410 | 23,083 | 24,613 | 25,107 | 24,080 | 24,992 | 22,733 | 23,735 | 24,517 |
| net assets | 3,070 | 41,337 | 72,891 | 92,804 | 18,944 | 18,944 | 17,940 | 15,627 | 20,741 | 19,230 | 25,742 | 20,001 | 27,958 | 22,370 | 22,266 |
| total shareholders funds | 3,070 | 41,337 | 72,891 | 92,804 | 18,944 | 18,944 | 17,940 | 15,627 | 20,741 | 19,230 | 25,742 | 20,001 | 27,958 | 22,370 | 22,266 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -19,913 | -378 | 21,358 | 19,857 | 18,202 | 23,229 | 21,241 | 28,321 | 22,784 | 30,395 | 25,196 | 25,764 | |||
| Depreciation | 3,991 | 3,569 | 269 | 264 | 459 | 497 | 688 | 463 | 636 | 607 | 597 | 349 | 618 | 289 | |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | 500 | -3,125 | -592 | 2,174 | 2,442 | 694 | -3,134 | -563 | -424 | 2,511 | -1,236 | 19,753 | |||
| Debtors | -2,808 | 2,907 | -1,173 | 1,308 | -229 | 206 | -104 | 127 | -66 | -814 | 823 | -51 | -10 | 118 | |
| Creditors | -635 | -3,742 | 3,535 | 1,271 | -4,139 | 3,774 | -470 | 390 | -56 | 582 | -449 | 426 | -552 | -1,062 | 2,476 |
| Accruals and Deferred Income | 2,200 | 524 | 3,451 | -3,652 | 279 | -21 | -718 | 145 | -591 | 549 | -82 | 597 | 458 | 3,036 | |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -11,485 | -151 | 26,256 | 17,793 | 15,993 | 23,153 | 25,816 | 28,768 | 24,200 | 28,288 | 26,328 | 11,812 | |||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 18,874 | 896 | 7,343 | -40,905 | 15,568 | 9,585 | -2,182 | -1,202 | -583 | 1,036 | -1,012 | 1,915 | -1,047 | -178 | 19,005 |
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 2 | 10 | 10 | 6 | 10 | 10 | 7 | ||||||||
| cash flow from financing | 7,343 | 33,333 | -10,769 | -19,724 | -24,508 | -572 | 1,041 | -1,001 | 1,925 | -1,040 | -178 | 42,484 | |||
| cash and cash equivalents | |||||||||||||||
| cash | -13,224 | -43,283 | -3,588 | 31,650 | 8,006 | 15,487 | -1,933 | -9,975 | 465 | -1,055 | 3,996 | -5,426 | 2,434 | 58 | 26,723 |
| overdraft | |||||||||||||||
| change in cash | -13,224 | -43,283 | -3,588 | 31,650 | 8,006 | 15,487 | -1,933 | -9,975 | 465 | -1,055 | 3,996 | -5,426 | 2,434 | 58 | 26,723 |
manston spitfire and hurricane memorial trust limited Credit Report and Business Information
Manston Spitfire And Hurricane Memorial Trust Limited Competitor Analysis
Perform a competitor analysis for manston spitfire and hurricane memorial trust limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in CT12 area or any other competitors across 12 key performance metrics.
manston spitfire and hurricane memorial trust limited Ownership
MANSTON SPITFIRE AND HURRICANE MEMORIAL TRUST LIMITED group structure
Manston Spitfire And Hurricane Memorial Trust Limited has no subsidiary companies.
Ultimate parent company
1 parent
MANSTON SPITFIRE AND HURRICANE MEMORIAL TRUST LIMITED
03092670
manston spitfire and hurricane memorial trust limited directors
Manston Spitfire And Hurricane Memorial Trust Limited currently has 2 directors. The longest serving directors include Mr David Johnson (Jan 2020) and Mr Dennis Jackson (Jan 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Johnson | 73 years | Jan 2020 | - | Director | |
| Mr Dennis Jackson | United Kingdom | 86 years | Jan 2020 | - | Director |
P&L
August 2023turnover
11.7k
+20%
operating profit
-39.2k
0%
gross margin
57.1%
-9.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
3.1k
-0.93%
total assets
37.7k
-0.32%
cash
10.3k
-0.56%
net assets
Total assets minus all liabilities
manston spitfire and hurricane memorial trust limited company details
company number
03092670
Type
Private limited with Share Capital
industry
91020 - Museum activities
incorporation date
August 1995
age
30
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
NEVILLE WESTON
auditor
-
address
the airfield, manston road, ramsgate, kent, CT12 5DF
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
manston spitfire and hurricane memorial trust limited 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 did not find charges/mortgages relating to manston spitfire and hurricane memorial trust limited.
manston spitfire and hurricane memorial trust limited 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.
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manston spitfire and hurricane memorial trust limited Companies House Filings - See Documents
| date | description | view/download |
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