the national museum of the royal navy
the national museum of the royal navy Company Information
Company Number
06699696
Website
www.nmrn-portsmouth.org.ukRegistered Address
national museum of the royal nav, hm naval base (pp66), portsmouth, hampshire, PO1 3NH
Industry
Operation of historical sites and buildings and similar visitor attractions
Telephone
02392891370
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
-0%
the national museum of the royal navy Estimated Valuation
Pomanda estimates the enterprise value of THE NATIONAL MUSEUM OF THE ROYAL NAVY at £80.5m based on a Turnover of £29.6m and 2.72x industry multiple (adjusted for size and gross margin).
the national museum of the royal navy Estimated Valuation
Pomanda estimates the enterprise value of THE NATIONAL MUSEUM OF THE ROYAL NAVY at £102.3m based on an EBITDA of £12.5m and a 8.2x industry multiple (adjusted for size and gross margin).
the national museum of the royal navy Estimated Valuation
Pomanda estimates the enterprise value of THE NATIONAL MUSEUM OF THE ROYAL NAVY at £553m based on Net Assets of £217.1m and 2.55x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
The National Museum Of The Royal Navy Overview
The National Museum Of The Royal Navy is a live company located in portsmouth, PO1 3NH with a Companies House number of 06699696. It operates in the operation of historical sites and buildings and similar visitor attractions sector, SIC Code 91030. Founded in September 2008, it's largest shareholder is unknown. The National Museum Of The Royal Navy is a established, large sized company, Pomanda has estimated its turnover at £29.6m with healthy growth in recent years.
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The National Museum Of The Royal Navy Health Check
Pomanda's financial health check has awarded The National Museum Of The Royal Navy a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 1 areas for improvement. Company Health Check FAQs
9 Strong
2 Regular
1 Weak
Size
annual sales of £29.6m, make it larger than the average company (£476.7k)
£29.6m - The National Museum Of The Royal Navy
£476.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (3.6%)
8% - The National Museum Of The Royal Navy
3.6% - Industry AVG
Production
with a gross margin of 52.2%, this company has a comparable cost of product (52.2%)
52.2% - The National Museum Of The Royal Navy
52.2% - Industry AVG
Profitability
an operating margin of 34.4% make it more profitable than the average company (12%)
34.4% - The National Museum Of The Royal Navy
12% - Industry AVG
Employees
with 363 employees, this is above the industry average (13)
363 - The National Museum Of The Royal Navy
13 - Industry AVG
Pay Structure
on an average salary of £20.8k, the company has an equivalent pay structure (£20.3k)
£20.8k - The National Museum Of The Royal Navy
£20.3k - Industry AVG
Efficiency
resulting in sales per employee of £81.6k, this is more efficient (£52.5k)
£81.6k - The National Museum Of The Royal Navy
£52.5k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (7 days)
5 days - The National Museum Of The Royal Navy
7 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (29 days)
17 days - The National Museum Of The Royal Navy
29 days - Industry AVG
Stock Days
it holds stock equivalent to 17 days, this is less than average (41 days)
17 days - The National Museum Of The Royal Navy
41 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 395 weeks, this is more cash available to meet short term requirements (140 weeks)
395 weeks - The National Museum Of The Royal Navy
140 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.6%, this is a lower level of debt than the average (8.7%)
1.6% - The National Museum Of The Royal Navy
8.7% - Industry AVG
THE NATIONAL MUSEUM OF THE ROYAL NAVY financials
The National Museum Of The Royal Navy's latest turnover from March 2023 is £29.6 million and the company has net assets of £217.1 million. According to their latest financial statements, The National Museum Of The Royal Navy has 363 employees and maintains cash reserves of £21.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 29,633,000 | 27,089,000 | 16,985,000 | 23,231,000 | 18,067,000 | 24,446,000 | 19,873,323 | 19,927,149 | 18,094,350 | 22,146,148 | 20,322,683 | 87,655,452 | 4,582,231 | 3,447,287 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 38,000 | 156,179 | 103,811 | 24,783 | 7,537 | 10,059 | 6,698 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 8,843,000 | 14,323,000 | 9,606,000 | 3,254,000 | -736,000 | 285,000 | -2,401,141 | -822,329 | 87,860 | 8,708,904 | 10,103,083 | 79,699,667 | -189,048 | 36,259 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 8,843,000 | 14,323,000 | 9,606,000 | 3,254,000 | -736,000 | 285,000 | -2,401,141 | -822,329 | 87,860 | 8,708,904 | 10,103,083 | 79,699,667 | -189,048 | 36,259 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 8,843,000 | 14,323,000 | 9,606,000 | 3,254,000 | -736,000 | 285,000 | -2,401,141 | -822,329 | 87,860 | 8,708,904 | 10,103,083 | 79,699,667 | -189,048 | 36,259 |
| Employee Costs | 7,543,000 | 6,229,000 | 5,823,000 | 7,392,000 | 7,060,000 | 6,832,000 | 6,158,573 | 5,568,730 | 5,874,891 | 4,254,571 | 4,162,109 | 3,338,745 | 1,366,994 | |
| Number Of Employees | 363 | 304 | 321 | 412 | 411 | 387 | 315 | 279 | 271 | 196 | 60 | 60 | 13 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 152,391,000 | 141,869,000 | 132,349,000 | 136,155,000 | 132,315,000 | 132,510,000 | 106,445,566 | 102,643,288 | 99,641,224 | 74,487,011 | 51,258,789 | 46,655,100 | 3,875,530 | 3,830,106 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 42,552,000 | 42,587,000 | 39,930,000 | 33,602,000 | 34,978,000 | 34,936,000 | 35,653,730 | 32,818,721 | 34,871,263 | 32,012,515 | 31,223,833 | 310,112 | 300,301 | 318,788 |
| Debtors (Due After 1 year) | 950,000 | 1,948,000 | 3,443,000 | 939,000 | 320,000 | 424,000 | 415,935 | 407,779 | 450,000 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 195,893,000 | 186,404,000 | 175,722,000 | 170,696,000 | 167,613,000 | 167,870,000 | 142,515,231 | 135,869,788 | 134,962,487 | 106,499,526 | 82,482,622 | 46,965,212 | 4,175,831 | 4,148,894 |
| Stock & work in progress | 663,000 | 539,000 | 7,321,000 | 7,357,000 | 7,351,000 | 7,506,000 | 7,429,546 | 7,249,371 | 7,389,698 | 7,485,133 | 7,189,741 | 7,528,410 | 78,439 | 76,810 |
| Trade Debtors | 473,000 | 107,000 | 707,000 | 490,000 | 75,000 | 286,000 | 767,609 | 2,432,585 | 186,023 | 101,890 | 684,376 | 73,245 | 32,734 | 61,638 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,461,000 | 4,620,000 | 2,664,000 | 4,754,000 | 3,115,000 | 3,335,000 | 1,129,192 | 2,948,100 | 3,514,629 | 3,076,228 | 2,426,157 | 1,611,776 | 47,629 | 53,137 |
| Cash | 21,166,000 | 16,982,000 | 6,632,000 | 3,696,000 | 5,198,000 | 5,769,000 | 5,338,233 | 4,396,621 | 4,897,132 | 3,749,820 | 4,954,909 | 29,085,416 | 345,301 | 569,294 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 24,763,000 | 22,248,000 | 17,324,000 | 16,297,000 | 15,739,000 | 16,896,000 | 14,664,580 | 17,026,677 | 15,987,482 | 14,413,071 | 15,255,183 | 38,298,847 | 504,103 | 760,879 |
| total assets | 220,656,000 | 208,652,000 | 193,046,000 | 186,993,000 | 183,352,000 | 184,766,000 | 157,179,811 | 152,896,465 | 150,949,969 | 120,912,597 | 97,737,805 | 85,264,059 | 4,679,934 | 4,909,773 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,450 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 690,000 | 801,000 | 955,000 | 1,732,000 | 933,000 | 1,609,000 | 850,826 | 2,713,671 | 963,725 | 802,584 | 443,525 | 428,794 | 87,229 | 32,920 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 86,000 | 86,000 | 0 | 128,000 | 142,000 | 310,000 | 143,318 | 144,858 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,008,000 | 2,379,000 | 3,461,000 | 2,507,000 | 3,106,000 | 3,067,000 | 3,279,229 | 3,139,588 | 4,050,981 | 2,578,409 | 1,925,684 | 550,641 | 125,564 | 343,020 |
| total current liabilities | 2,784,000 | 3,266,000 | 4,416,000 | 4,367,000 | 4,181,000 | 4,986,000 | 4,273,373 | 6,012,567 | 5,014,706 | 3,380,993 | 2,369,209 | 979,435 | 212,793 | 375,940 |
| loans | 741,000 | 817,000 | 96,000 | 96,000 | 200,000 | 352,000 | 480,581 | 608,805 | 98,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 135,257 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 741,000 | 1,090,000 | 96,000 | 96,000 | 200,000 | 352,000 | 480,581 | 608,805 | 233,257 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 3,525,000 | 4,356,000 | 4,512,000 | 4,463,000 | 4,381,000 | 5,338,000 | 4,753,954 | 6,621,372 | 5,247,963 | 3,380,993 | 2,369,209 | 979,435 | 212,793 | 375,940 |
| net assets | 217,131,000 | 204,296,000 | 188,534,000 | 182,530,000 | 178,971,000 | 179,428,000 | 152,425,857 | 146,275,093 | 145,702,006 | 117,531,604 | 95,368,596 | 84,284,624 | 4,467,141 | 4,533,833 |
| total shareholders funds | 217,131,000 | 204,296,000 | 188,534,000 | 182,530,000 | 178,971,000 | 179,428,000 | 152,425,857 | 146,275,093 | 145,702,006 | 117,531,604 | 95,368,596 | 84,284,624 | 4,467,141 | 4,533,833 |
| 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 | 2,267,000 | 1,286,000 | 1,375,000 | 1,337,000 | 1,331,000 | 1,386,000 | 1,367,283 | 1,210,427 | 384,652 | 954,672 | 990,270 | 703,104 | 226,271 | 261 |
| Amortisation | 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 |
| Stock | 124,000 | -6,782,000 | -36,000 | 6,000 | -155,000 | 76,454 | 180,175 | -140,327 | -95,435 | 295,392 | -338,669 | 7,449,971 | 1,629 | 76,810 |
| Debtors | -2,791,000 | -139,000 | 631,000 | 2,673,000 | -535,000 | 1,732,264 | -3,475,728 | 1,637,812 | 972,534 | 67,585 | 1,425,512 | 1,604,658 | -34,412 | 114,775 |
| Creditors | -111,000 | -154,000 | -777,000 | 799,000 | -676,000 | 758,174 | -1,862,845 | 1,749,946 | 161,141 | 359,059 | 14,731 | 341,565 | 54,309 | 32,920 |
| Accruals and Deferred Income | -371,000 | -1,082,000 | 954,000 | -599,000 | 39,000 | -212,229 | 139,641 | -911,393 | 1,472,572 | 652,725 | 1,375,043 | 425,077 | -217,456 | 343,020 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -135,257 | 135,257 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -1,705,000 | 527,474 | -1,073,960 | -996,587 | -12,054,419 | -35,172,233 | -21,718,343 | -133,210 | |
| Change in Investments | -35,000 | 2,657,000 | 6,328,000 | -1,376,000 | 42,000 | -717,730 | 2,835,009 | -2,052,542 | 2,858,748 | 788,682 | 30,913,721 | 9,811 | -18,487 | 318,788 |
| cash flow from investments | 35,000 | -2,657,000 | -6,328,000 | 1,376,000 | -42,000 | -987,270 | -2,307,535 | 978,582 | -3,855,335 | -12,843,101 | -66,085,954 | -21,728,154 | -114,723 | |
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 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 |
| Other Short Term Loans | 0 | 86,000 | -128,000 | -14,000 | -168,000 | 166,682 | -1,540 | 144,858 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -76,000 | 721,000 | 0 | -104,000 | -152,000 | -128,581 | -128,224 | 510,805 | 98,000 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | -38,000 | -156,179 | -103,811 | -24,783 | -7,537 | -10,059 | -6,698 | 0 | 0 |
| cash flow from financing | 3,916,000 | 2,246,000 | -3,730,000 | 187,000 | -41,000 | 26,717,244 | 8,265,962 | 1,947,268 | 28,155,759 | 13,446,567 | 970,830 | 111,118 | 122,356 | 4,497,574 |
| cash and cash equivalents | ||||||||||||||
| cash | 4,184,000 | 10,350,000 | 2,936,000 | -1,502,000 | -571,000 | 430,767 | 941,612 | -500,511 | 1,147,312 | -1,205,089 | -24,130,507 | 28,740,115 | -223,993 | 569,294 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -14,450 | 14,450 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 4,184,000 | 10,350,000 | 2,936,000 | -1,502,000 | -571,000 | 430,767 | 956,062 | -514,961 | 1,147,312 | -1,205,089 | -24,130,507 | 28,740,115 | -223,993 | 569,294 |
the national museum of the royal navy Credit Report and Business Information
The National Museum Of The Royal Navy Competitor Analysis
Perform a competitor analysis for the national museum of the royal navy by selecting its closest rivals and benchmarking them against 12 key performance metrics.
the national museum of the royal navy Ownership
THE NATIONAL MUSEUM OF THE ROYAL NAVY group structure
The National Museum Of The Royal Navy has 1 subsidiary company.
Ultimate parent company
THE NATIONAL MUSEUM OF THE ROYAL NAVY
06699696
1 subsidiary
the national museum of the royal navy directors
The National Museum Of The Royal Navy currently has 16 directors. The longest serving directors include Mr Gavin Whitter (Jan 2015) and Major General Jeffrey Mason (Jan 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gavin Whitter | United Kingdom | 53 years | Jan 2015 | - | Director |
| Major General Jeffrey Mason | 64 years | Jan 2015 | - | Director | |
| Ms Helen Jackson | 66 years | Oct 2018 | - | Director | |
| The Hon. Mrs. Mary Montagu-Scott | 59 years | Oct 2018 | - | Director | |
| Ms Helen Jackson | 66 years | Oct 2018 | - | Director | |
| Sir Philip Jones | 64 years | Aug 2019 | - | Director | |
| Mr Philip Doling | United Kingdom | 68 years | Sep 2020 | - | Director |
| Mr John Scott | 71 years | Sep 2020 | - | Director | |
| Ms Katherine Biggs | 40 years | Sep 2020 | - | Director | |
| Mrs Alison Start | England | 57 years | Sep 2020 | - | Director |
P&L
March 2023turnover
29.6m
+9%
operating profit
10.2m
0%
gross margin
52.2%
+2.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
217.1m
+0.06%
total assets
220.7m
+0.06%
cash
21.2m
+0.25%
net assets
Total assets minus all liabilities
Similar Companies
the national museum of the royal navy company details
company number
06699696
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
91030 - Operation of historical sites and buildings and similar visitor attractions
incorporation date
September 2008
age
16
accounts
Group
ultimate parent company
previous names
N/A
incorporated
UK
address
national museum of the royal nav, hm naval base (pp66), portsmouth, hampshire, PO1 3NH
last accounts submitted
March 2023
the national museum of the royal navy 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 the national museum of the royal navy.
the national museum of the royal navy Companies House Filings - See Documents
| date | description | view/download |
|---|
