the bowes museum
the bowes museum Company Information
Company Number
03879872
Next Accounts
Dec 2025
Shareholders
-
Group Structure
View All
Industry
Museum activities
Registered Address
the bowes museum newgate, barnard castle, county durham, DL12 8NP
Website
http://thebowesmuseum.org.ukthe bowes museum Estimated Valuation
Pomanda estimates the enterprise value of THE BOWES MUSEUM at £3.6m based on a Turnover of £4.3m and 0.83x industry multiple (adjusted for size and gross margin).
the bowes museum Estimated Valuation
Pomanda estimates the enterprise value of THE BOWES MUSEUM at £8.4m based on an EBITDA of £1.4m and a 6.1x industry multiple (adjusted for size and gross margin).
the bowes museum Estimated Valuation
Pomanda estimates the enterprise value of THE BOWES MUSEUM at £25.7m based on Net Assets of £14.2m and 1.82x industry multiple (adjusted for liquidity).
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The Bowes Museum Overview
The Bowes Museum is a live company located in county durham, DL12 8NP with a Companies House number of 03879872. It operates in the museums activities sector, SIC Code 91020. Founded in November 1999, it's largest shareholder is unknown. The Bowes Museum is a mature, small sized company, Pomanda has estimated its turnover at £4.3m with high growth in recent years.
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The Bowes Museum Health Check
Pomanda's financial health check has awarded The Bowes Museum a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs
7 Strong
4 Regular
1 Weak
Size
annual sales of £4.3m, make it larger than the average company (£368.7k)
£4.3m - The Bowes Museum
£368.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (8.2%)
27% - The Bowes Museum
8.2% - Industry AVG
Production
with a gross margin of 59.2%, this company has a comparable cost of product (59.2%)
59.2% - The Bowes Museum
59.2% - Industry AVG
Profitability
an operating margin of 31.4% make it more profitable than the average company (15%)
31.4% - The Bowes Museum
15% - Industry AVG
Employees
with 81 employees, this is above the industry average (11)
81 - The Bowes Museum
11 - Industry AVG
Pay Structure
on an average salary of £20.8k, the company has an equivalent pay structure (£20.1k)
£20.8k - The Bowes Museum
£20.1k - Industry AVG
Efficiency
resulting in sales per employee of £53.2k, this is equally as efficient (£53k)
£53.2k - The Bowes Museum
£53k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (7 days)
2 days - The Bowes Museum
7 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is close to average (19 days)
19 days - The Bowes Museum
19 days - Industry AVG
Stock Days
it holds stock equivalent to 13 days, this is less than average (83 days)
13 days - The Bowes Museum
83 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 81 weeks, this is less cash available to meet short term requirements (207 weeks)
81 weeks - The Bowes Museum
207 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.8%, this is a lower level of debt than the average (5.5%)
2.8% - The Bowes Museum
5.5% - Industry AVG
THE BOWES MUSEUM financials
The Bowes Museum's latest turnover from March 2024 is £4.3 million and the company has net assets of £14.2 million. According to their latest financial statements, The Bowes Museum has 81 employees and maintains cash reserves of £628.1 thousand 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 | 4,312,215 | 2,214,893 | 2,988,885 | 2,085,666 | 2,794,297 | 2,831,154 | 2,188,386 | 5,063,478 | 6,750,018 | 2,574,257 | 4,278,304 | 3,848,926 | 2,283,588 | 2,774,578 | 4,136,050 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 1,039,038 | -737,429 | 784,627 | 380,734 | 245,928 | -23,900 | -337,110 | 2,542,043 | 3,774,424 | 28,833 | 2,065,238 | 1,674,781 | -171,683 | 90,822 | -214,404 |
| Tax | |||||||||||||||
| Profit After Tax | 1,039,038 | -737,429 | 784,627 | 380,734 | 245,928 | -23,900 | -337,110 | 2,542,043 | 3,774,424 | 28,833 | 2,065,238 | 1,674,781 | -171,683 | 90,822 | -214,404 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 1,039,038 | -737,429 | 784,627 | 380,734 | 245,928 | -23,900 | -337,110 | 2,542,043 | 3,774,424 | 28,833 | 2,065,238 | 1,674,781 | -171,683 | 90,822 | -214,404 |
| Employee Costs | 1,683,380 | 1,389,894 | 1,315,237 | 1,176,673 | 1,212,180 | 1,344,008 | 1,264,586 | 1,197,716 | 1,256,123 | 1,139,691 | 1,109,337 | 1,138,000 | 1,128,039 | 1,325,030 | 1,338,725 |
| Number Of Employees | 81 | 77 | 68 | 69 | 86 | 75 | 74 | 65 | 74 | 71 | 69 | 124 | 74 | 77 | 75 |
| 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 | 483,953 | 80,281 | 8,881,539 | 8,883,625 | 8,893,921 | 183,950 | 9,031,776 | 9,129,320 | 7,109,169 | 4,387,487 | 4,349,836 | 594,135 | 643,695 | 738,800 | 841,719 |
| Intangible Assets | 2,046,793 | 272,855 | 254,855 | 222,655 | |||||||||||
| Investments & Other | 12,468,808 | 12,435,932 | 4,083,800 | 3,684,566 | 3,428,402 | 12,142,464 | 2,911,972 | 2,852,274 | 1,570,812 | 1,019,760 | 930,364 | 910,545 | 810,501 | 817,756 | 794,147 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 12,952,761 | 12,516,213 | 12,965,339 | 12,568,191 | 12,322,323 | 12,326,414 | 11,943,748 | 11,981,594 | 8,679,981 | 5,407,247 | 5,280,200 | 3,551,473 | 1,727,051 | 1,811,411 | 1,858,521 |
| Stock & work in progress | 66,191 | 48,308 | 33,617 | 34,892 | 46,729 | 83,462 | 102,811 | 101,318 | 90,151 | 87,375 | 66,148 | 59,059 | 50,743 | 58,497 | 47,513 |
| Trade Debtors | 29,727 | 27,781 | 25,142 | 9,600 | 15,872 | 16,214 | 69,364 | 52,835 | 743,102 | 186,319 | 97,034 | 75,983 | 117,555 | 65,205 | 564,773 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 874,876 | 209,858 | 210,414 | 450,717 | 465,210 | 248,793 | 200,948 | 326,310 | 58,622 | 111,021 | 40,116 | 28,685 | 27,402 | 45,339 | 103,934 |
| Cash | 628,146 | 635,148 | 945,238 | 328,104 | 185,127 | 279,773 | 451,682 | 372,240 | 599,056 | 828,974 | 596,269 | 381,936 | 307,476 | 208,692 | 161,598 |
| misc current assets | |||||||||||||||
| total current assets | 1,598,940 | 921,095 | 1,214,411 | 823,313 | 712,938 | 628,242 | 824,805 | 852,703 | 1,490,931 | 1,213,689 | 799,567 | 545,663 | 503,176 | 377,733 | 877,818 |
| total assets | 14,551,701 | 13,437,308 | 14,179,750 | 13,391,504 | 13,035,261 | 12,954,656 | 12,768,553 | 12,834,297 | 10,170,912 | 6,620,936 | 6,079,767 | 4,097,136 | 2,230,227 | 2,189,144 | 2,736,339 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 94,527 | 64,393 | 211,171 | 147,829 | 190,514 | 259,238 | 129,343 | 130,185 | 196,496 | 485,616 | 65,493 | 94,989 | 143,033 | 112,933 | 361,458 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 305,317 | 240,096 | 98,331 | 138,054 | 209,860 | 266,459 | 527,074 | 364,564 | 508,373 | 454,753 | 491,936 | 534,866 | 84,430 | 114,817 | 257,918 |
| total current liabilities | 399,844 | 304,489 | 309,502 | 285,883 | 400,374 | 525,697 | 656,417 | 494,749 | 704,869 | 940,369 | 557,429 | 629,855 | 227,463 | 227,750 | 619,376 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 250,000 | 120,000 | 160,000 | 90,000 | 300,000 | 280,000 | 130,000 | 550,000 | 420,000 | 250,000 | 630,000 | ||||
| total liabilities | 399,844 | 304,489 | 309,502 | 285,883 | 650,374 | 645,697 | 816,417 | 584,749 | 1,004,869 | 1,220,369 | 687,429 | 1,179,855 | 647,463 | 477,750 | 1,249,376 |
| net assets | 14,151,857 | 13,132,819 | 13,870,248 | 13,105,621 | 12,384,887 | 12,308,959 | 11,952,136 | 12,249,548 | 9,166,043 | 5,400,567 | 5,392,338 | 2,917,281 | 1,582,764 | 1,711,394 | 1,486,963 |
| total shareholders funds | 14,151,857 | 13,132,819 | 13,870,248 | 13,105,621 | 12,384,887 | 12,308,959 | 11,952,136 | 12,249,548 | 9,166,043 | 5,400,567 | 5,392,338 | 2,917,281 | 1,582,764 | 1,711,394 | 1,486,963 |
| 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 | 19,641 | 30,608 | 20,086 | 28,892 | 57,162 | 114,251 | 122,664 | 131,835 | 134,669 | 100,608 | 95,856 | 105,674 | 102,945 | 107,119 | 108,521 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | 17,883 | 14,691 | -1,275 | -11,837 | -36,733 | -19,349 | 1,493 | 11,167 | 2,776 | 21,227 | 7,089 | 8,316 | -7,754 | 10,984 | 47,513 |
| Debtors | 666,964 | 2,083 | -224,761 | -20,765 | 216,075 | -5,305 | -108,833 | -422,579 | 504,384 | 160,190 | 32,482 | -40,289 | 34,413 | -558,163 | 668,707 |
| Creditors | 30,134 | -146,778 | 63,342 | -42,685 | -68,724 | 129,895 | -842 | -66,311 | -289,120 | 420,123 | -29,496 | -48,044 | 30,100 | -248,525 | 361,458 |
| Accruals and Deferred Income | 65,221 | 141,765 | -39,723 | -71,806 | -56,599 | -260,615 | 162,510 | -143,809 | 53,620 | -37,183 | -42,930 | 450,436 | -30,387 | -143,101 | 257,918 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -276,194 | -25,120 | -3,134,986 | -511,612 | -138,259 | -294,764 | -80,052 | ||||||||
| Change in Investments | 32,876 | 8,352,132 | 399,234 | 256,164 | -8,714,062 | 9,230,492 | 59,698 | 1,281,462 | 551,052 | 89,396 | 19,819 | 100,044 | -7,255 | 23,609 | 794,147 |
| cash flow from investments | -32,876 | -8,352,132 | -399,234 | -256,164 | 8,714,062 | -9,506,686 | -84,818 | -4,416,448 | -1,062,664 | -227,655 | -314,583 | -180,096 | |||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | -20,000 | -20,000 | 340,000 | -170,000 | 380,723 | 39,698 | 541,462 | -8,948 | -20,604 | 409,819 | -340,264 | 43,053 | 133,609 | 1,701,367 | |
| cash and cash equivalents | |||||||||||||||
| cash | -7,002 | -310,090 | 617,134 | 142,977 | -94,646 | -171,909 | 79,442 | -226,816 | -229,918 | 232,705 | 214,333 | 74,460 | 98,784 | 47,094 | 161,598 |
| overdraft | |||||||||||||||
| change in cash | -7,002 | -310,090 | 617,134 | 142,977 | -94,646 | -171,909 | 79,442 | -226,816 | -229,918 | 232,705 | 214,333 | 74,460 | 98,784 | 47,094 | 161,598 |
the bowes museum Credit Report and Business Information
The Bowes Museum Competitor Analysis
Perform a competitor analysis for the bowes museum by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in DL12 area or any other competitors across 12 key performance metrics.
the bowes museum Ownership
THE BOWES MUSEUM group structure
The Bowes Museum has 1 subsidiary company.
Ultimate parent company
THE BOWES MUSEUM
03879872
1 subsidiary
the bowes museum directors
The Bowes Museum currently has 12 directors. The longest serving directors include Mr Peter Mothersill (Sep 2010) and Mr Michael Robinson (Feb 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Mothersill | 67 years | Sep 2010 | - | Director | |
| Mr Michael Robinson | 63 years | Feb 2019 | - | Director | |
| Mr Kenneth Partington | United Kingdom | 70 years | Oct 2019 | - | Director |
| Mr Stephen Howell | 61 years | Jan 2020 | - | Director | |
| Mrs Jennie Collingwood | United Kingdom | 48 years | Aug 2021 | - | Director |
| Mrs Jennie Collingwood | United Kingdom | 48 years | Aug 2021 | - | Director |
| Ms Alison Thain Obe | 70 years | Aug 2021 | - | Director | |
| Mrs Rebecca Blackwood | United Kingdom | 59 years | Aug 2021 | - | Director |
| Mrs Alison Thain | United Kingdom | 70 years | Aug 2021 | - | Director |
| Mr Eliot Smith | England | 34 years | Aug 2021 | - | Director |
P&L
March 2024turnover
4.3m
+95%
operating profit
1.4m
0%
gross margin
59.3%
+2.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
14.2m
+0.08%
total assets
14.6m
+0.08%
cash
628.1k
-0.01%
net assets
Total assets minus all liabilities
the bowes museum company details
company number
03879872
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
91020 - Museum activities
incorporation date
November 1999
age
26
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
bowes museum (January 2000)
accountant
-
auditor
CLIVE OWEN LLP
address
the bowes museum newgate, barnard castle, county durham, DL12 8NP
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
WOMBLE BOND DICKINSON LLP
the bowes museum 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 1 charges/mortgages relating to the bowes museum. Currently there are 1 open charges and 0 have been satisfied in the past.
the bowes museum 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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the bowes museum Companies House Filings - See Documents
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