Glasgow Science Centre Charitable Trust

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glasgow science centre charitable trust Company Information

Company Number

SC172371

Next Accounts

Dec 2025

Directors

Selma Hunter

David Sibbald

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Shareholders

Group Structure

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Industry

Other education n.e.c.

Registered Address

50 pacific quay, glasgow, lanarkshire, G51 1EA

Website

www.glasgowsciencecentre.org

glasgow science centre charitable trust Estimated Valuation

£37.1m

Pomanda estimates the enterprise value of GLASGOW SCIENCE CENTRE CHARITABLE TRUST at £37.1m based on Net Assets of £16.7m and 2.22x industry multiple (adjusted for liquidity).

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Glasgow Science Centre Charitable Trust is a live company located in lanarkshire, G51 1EA with a Companies House number of SC172371. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in February 1997, it's largest shareholder is unknown. Glasgow Science Centre Charitable Trust is a mature, mid sized company, Pomanda has estimated its turnover at £9.7m with healthy growth in recent years.

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Pomanda's financial health check has awarded Glasgow Science Centre Charitable Trust a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

6 Strong

2 Regular

4 Weak

Size

annual sales of £9.7m, make it larger than the average company (£477.1k)

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (7.4%)

EXPORT

Glasgow Science Centre Charitable Trust's latest turnover from March 2024 is £9.7 million and the company has net assets of £16.7 million. According to their latest financial statements, Glasgow Science Centre Charitable Trust has 245 employees and maintains cash reserves of £3.5 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	9,716,487	11,199,731	14,734,964	7,835,690	9,462,731	7,614,557	7,166,629	7,409,288	8,949,950	8,086,535	7,923,915	6,311,661	8,400,630	6,467,198	5,920,053
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	4,154,050	4,772,850	6,648,988	3,662,995	4,419,479	3,883,092	3,631,037	3,716,275	4,408,367	4,299,492	4,288,776	3,160,677	4,110,641	3,188,541	2,949,126
Gross Profit	5,562,437	6,426,881	8,085,976	4,172,695	5,043,252	3,731,465	3,535,592	3,693,013	4,541,583	3,787,043	3,635,139	3,150,984	4,289,989	3,278,657	2,970,927
Admin Expenses	8,929,435	7,589,817	2,438,505	5,165,279	5,857,519	6,246,646	6,685,120	6,366,307	5,353,116	5,956,140	5,426,866	4,807,250	5,581,820	6,939,006	7,124,761
Operating Profit	-3,366,998	-1,162,936	5,647,471	-992,584	-814,267	-2,515,181	-3,149,528	-2,673,294	-811,533	-2,169,097	-1,791,727	-1,656,266	-1,291,831	-3,660,349	-4,153,834
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Pre-Tax Profit	-3,185,944	-1,010,947	4,596,436	-989,995	-812,581	-2,504,182	-3,143,138	-2,669,199	-802,181	-2,162,274	-1,786,711	-1,650,630	-1,287,106	-3,656,257	-4,151,448
Tax	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Tax	-3,185,944	-1,010,947	4,596,436	-989,995	-812,581	-2,504,182	-3,143,138	-2,669,199	-802,181	-2,162,274	-1,786,711	-1,650,630	-1,287,106	-3,656,257	-4,151,448
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-3,185,944	-1,010,947	4,596,436	-989,995	-812,581	-2,504,182	-3,143,138	-2,669,199	-802,181	-2,162,274	-1,786,711	-1,650,630	-1,287,106	-3,656,257	-4,151,448
Employee Costs	5,407,336	5,147,955	4,424,572	4,889,216	4,745,870	4,364,290	4,122,990	4,048,966	3,715,692	3,349,262	3,122,952	3,152,277	2,806,591	3,026,098	2,801,143
Number Of Employees	245	226	191	219	234	221	227	229	155	143	136	141	136	136	124
EBITDA*	235,000	2,447,569	9,128,105	1,914,648	2,127,045	544,907	172,209	640,206	2,339,849	685,307	965,870	746,383	2,129,068	316,830	-201,780

* 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	14,804,665	17,653,444	17,981,353	15,573,950	16,571,031	17,470,305	19,918,747	22,953,143	25,317,366	26,313,358	28,674,369	30,915,294	31,508,204	34,504,979	38,026,094
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	14,804,665	17,653,444	17,981,353	15,573,950	16,571,031	17,470,305	19,918,747	22,953,143	25,317,366	26,313,358	28,674,369	30,915,294	31,508,204	34,504,979	38,026,094
Stock & work in progress	115,005	108,517	94,714	89,591	104,753	112,046	114,683	110,877	117,731	109,535	85,733	114,607	101,098	96,381	109,618
Trade Debtors	139,601	312,358	147,088	140,836	133,765	259,148	179,804	285,088	270,635	327,194	415,008	304,801	274,395	279,632	306,236
Group Debtors	12,072	4,836	7,860	0	126,540	0	178,008	175,000	176,369	451,325	0	0	250,300	1,325	1,313
Misc Debtors	948,660	1,920,584	2,090,783	776,485	1,051,818	695,849	641,779	446,882	677,121	1,145,302	1,267,681	842,470	1,319,597	455,943	536,728
Cash	3,495,306	3,401,980	3,750,429	3,487,167	1,690,956	1,681,924	1,251,182	1,304,888	1,970,854	1,769,990	959,272	1,046,941	1,207,518	682,675	954,290
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	4,710,644	5,748,275	6,090,874	4,494,079	3,107,832	2,748,967	2,365,456	2,322,735	3,212,710	3,803,346	2,727,694	2,308,819	3,152,908	1,515,956	1,908,185
total assets	19,515,309	23,401,719	24,072,227	20,068,029	19,678,863	20,219,272	22,284,203	25,275,878	28,530,076	30,116,704	31,402,063	33,224,113	34,661,112	36,020,935	39,934,279
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	488,170	775,436	515,474	544,808	793,258	175,264	180,698	201,884	336,127	187,712	150,695	165,802	206,495	238,935	139,051
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	2,335,952	2,749,152	2,508,675	3,071,579	1,443,968	1,789,790	1,295,105	1,332,456	1,783,212	2,716,074	591,868	612,100	357,776	398,053	755,024
total current liabilities	2,824,122	3,524,588	3,024,149	3,616,387	2,237,226	1,965,054	1,475,803	1,534,340	2,119,339	2,903,786	742,563	777,902	564,271	636,988	894,075
loans	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
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	160,000	160,000	160,000	160,000	210,000	0	0	0	0	0	0	0	0
total long term liabilities	0	0	160,000	160,000	160,000	160,000	210,000	0	0	0	0	0	0	0	0
total liabilities	2,824,122	3,524,588	3,184,149	3,776,387	2,397,226	2,125,054	1,685,803	1,534,340	2,119,339	2,903,786	742,563	777,902	564,271	636,988	894,075
net assets	16,691,187	19,877,131	20,888,078	16,291,642	17,281,637	18,094,218	20,598,400	23,741,538	26,410,737	27,212,918	30,659,500	32,446,211	34,096,841	35,383,947	39,040,204
total shareholders funds	16,691,187	19,877,131	20,888,078	16,291,642	17,281,637	18,094,218	20,598,400	23,741,538	26,410,737	27,212,918	30,659,500	32,446,211	34,096,841	35,383,947	39,040,204

	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	-3,366,998	-1,162,936	5,647,471	-992,584	-814,267	-2,515,181	-3,149,528	-2,673,294	-811,533	-2,169,097	-1,791,727	-1,656,266	-1,291,831	-3,660,349	-4,153,834
Depreciation	3,601,998	3,610,505	3,480,634	2,907,232	2,941,312	3,060,088	3,321,737	3,313,500	3,151,382	2,854,404	2,757,597	2,402,649	3,420,899	3,977,179	3,952,054
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	6,488	13,803	5,123	-15,162	-7,293	-2,637	3,806	-6,854	8,196	23,802	-28,874	13,509	4,717	-13,237	109,618
Debtors	-1,137,445	-7,953	1,328,410	-394,802	357,126	-44,594	92,621	-217,155	-799,696	241,132	535,418	-697,021	1,107,392	-107,377	844,277
Creditors	-287,266	259,962	-29,334	-248,450	617,994	-5,434	-21,186	-134,243	148,415	37,017	-15,107	-40,693	-32,440	99,884	139,051
Accruals and Deferred Income	-413,200	240,477	-562,904	1,627,611	-345,822	494,685	-37,351	-450,756	-932,862	2,124,206	-20,232	254,324	-40,277	-356,971	755,024
Deferred Taxes & Provisions	0	-160,000	0	0	0	-50,000	210,000	0	0	0	0	0	0	0	0
Cash flow from operations	665,491	2,782,158	7,202,334	3,703,773	2,049,384	1,031,389	227,245	279,216	2,346,902	2,581,596	423,987	1,643,526	944,242	180,357	-261,600
Investing Activities
capital expenditure	0	0	0	0	0	-611,210	-285,645	-942,568	-2,105,390	-491,388	-516,672	-1,809,739	-424,124	-456,064	-41,978,148
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	0	0	0	0	-611,210	-285,645	-942,568	-2,105,390	-491,388	-516,672	-1,809,739	-424,124	-456,064	-41,978,148
Financing Activities
Bank loans	0	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	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
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	0	0	0	0	0	0	0	0	0	-1,284,308	0	0	0	0	43,191,652
interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from financing	0	0	0	0	0	0	0	0	0	-1,284,308	0	0	0	0	43,191,652
cash and cash equivalents
cash	93,326	-348,449	263,262	1,796,211	9,032	430,742	-53,706	-665,966	200,864	810,718	-87,669	-160,577	524,843	-271,615	954,290
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	93,326	-348,449	263,262	1,796,211	9,032	430,742	-53,706	-665,966	200,864	810,718	-87,669	-160,577	524,843	-271,615	954,290

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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GLASGOW SCIENCE CENTRE CHARITABLE TRUST group structure

Glasgow Science Centre Charitable Trust has 2 subsidiary companies.

Ultimate parent company

SCOTTISH ENTERPRISE

#0048533

1 parent

GLASGOW SCIENCE CENTRE CHARITABLE TRUST

SC172371

2 subsidiaries

GLASGOW SCIENCE CENTRE (TRADING) LIMITED

SC210177

GLASGOW SCIENCE CENTRE LIMITED

SC184352

GLASGOW SCIENCE CENTRE CHARITABLE TRUST Shareholders

Glasgow Science Centre Charitable Trust currently has 12 directors. The longest serving directors include Ms Selma Hunter (May 2016) and Mr David Sibbald (Nov 2016).

officer	country	age	start	end	role
Ms Selma Hunter		61 years	May 2016	-	Director
Mr David Sibbald	Scotland	65 years	Nov 2016	-	Director
Mr David Clark		69 years	Sep 2017	-	Director
Lynne O'Hare		42 years	Feb 2019	-	Director
Mr Mark Goudie		33 years	Nov 2019	-	Director
Dr Victoria Hollows		53 years	Nov 2019	-	Director
Mr Craig Clark	England	51 years	Nov 2019	-	Director
Mr Garry Willamson		44 years	May 2023	-	Director
Mr Simon Andrews	Scotland	53 years	Mar 2024	-	Director
Mr Ian Laird		57 years	Mar 2024	-	Director

P&L

March 2024

turnover

9.7m

-13%

operating profit

-3.4m

gross margin

57.3%

-0.24%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

16.7m

-0.16%

total assets

19.5m

-0.17%

cash

3.5m

+0.03%

net assets

Total assets minus all liabilities

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company number

SC172371

Type

Private Limited by guarantee without Share Capital Exempt from using Limited

industry

85590 - Other education n.e.c.

incorporation date

February 1997

ultimate parent company

SCOTTISH ENTERPRISE

previous names

"x" site charitable trust (May 1998)

address

50 pacific quay, glasgow, lanarkshire, G51 1EA

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 9 charges/mortgages relating to glasgow science centre charitable trust. Currently there are 0 open charges and 9 have been satisfied in the past.

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glasgow science centre charitable trust Company Information

glasgow science centre charitable trust Estimated Valuation

glasgow science centre charitable trust Estimated Valuation

glasgow science centre charitable trust Estimated Valuation

Glasgow Science Centre Charitable Trust Overview

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GLASGOW SCIENCE CENTRE CHARITABLE TRUST financials

glasgow science centre charitable trust Credit Report and Business Information

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glasgow science centre charitable trust Ownership

glasgow science centre charitable trust directors

glasgow science centre charitable trust company details

glasgow science centre charitable trust Charges & Mortgages

glasgow science centre charitable trust Capital Raised & Share Issues BETA

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