orkney wireless museum
orkney wireless museum Company Information
Company Number
SC288686
Registered Address
kiln corner, junction road, kirkwall, orkney, KW15 1LB
Industry
Museum activities
Telephone
01856871400
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
-0%
orkney wireless museum Estimated Valuation
Pomanda estimates the enterprise value of ORKNEY WIRELESS MUSEUM at £15k based on a Turnover of £15.8k and 0.95x industry multiple (adjusted for size and gross margin).
orkney wireless museum Estimated Valuation
Pomanda estimates the enterprise value of ORKNEY WIRELESS MUSEUM at £0 based on an EBITDA of £-6.7k and a 10.14x industry multiple (adjusted for size and gross margin).
orkney wireless museum Estimated Valuation
Pomanda estimates the enterprise value of ORKNEY WIRELESS MUSEUM at £99.2k based on Net Assets of £35.3k and 2.81x industry multiple (adjusted for liquidity).
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Orkney Wireless Museum Overview
Orkney Wireless Museum is a live company located in kirkwall, KW15 1LB with a Companies House number of SC288686. It operates in the museums activities sector, SIC Code 91020. Founded in August 2005, it's largest shareholder is unknown. Orkney Wireless Museum is a established, micro sized company, Pomanda has estimated its turnover at £15.8k with rapid growth in recent years.
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Orkney Wireless Museum Health Check
Pomanda's financial health check has awarded Orkney Wireless Museum a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
4 Weak
Size
annual sales of £15.8k, make it smaller than the average company (£286.2k)
£15.8k - Orkney Wireless Museum
£286.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 133%, show it is growing at a faster rate (6.1%)
133% - Orkney Wireless Museum
6.1% - Industry AVG
Production
with a gross margin of 57%, this company has a comparable cost of product (57%)
57% - Orkney Wireless Museum
57% - Industry AVG
Profitability
an operating margin of -43.6% make it less profitable than the average company (11.4%)
-43.6% - Orkney Wireless Museum
11.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (9)
- Orkney Wireless Museum
9 - Industry AVG
Pay Structure
on an average salary of £19.2k, the company has an equivalent pay structure (£19.2k)
- Orkney Wireless Museum
£19.2k - Industry AVG
Efficiency
resulting in sales per employee of £15.8k, this is less efficient (£53.8k)
- Orkney Wireless Museum
£53.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Orkney Wireless Museum
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Orkney Wireless Museum
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Orkney Wireless Museum
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6308 weeks, this is more cash available to meet short term requirements (263 weeks)
6308 weeks - Orkney Wireless Museum
263 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.7%, this is a lower level of debt than the average (4.4%)
0.7% - Orkney Wireless Museum
4.4% - Industry AVG
ORKNEY WIRELESS MUSEUM financials
Orkney Wireless Museum's latest turnover from December 2023 is £15.8 thousand and the company has net assets of £35.3 thousand. According to their latest financial statements, we estimate that Orkney Wireless Museum has 1 employee and maintains cash reserves of £32 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 15,797 | 7,914 | 14,110 | 1,245 | 9,732 | 10,443 | 10,150 | 7,141 | 7,049 | 6,617 | 5,368 | 4,975 | 4,072 | 4,956 | 6,201 |
| Other Income Or Grants | 0 | ||||||||||||||
| Cost Of Sales | 59 | ||||||||||||||
| Gross Profit | 4,013 | ||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| 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 | 15 | 0 | 0 |
| Pre-Tax Profit | -5,139 | 1,345 | 7,873 | -4,794 | 1,790 | 3,774 | 3,710 | 2,041 | 1,947 | 1,701 | 1,129 | 388 | -1,452 | 717 | 2,215 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -5,139 | 1,345 | 7,873 | -4,794 | 1,790 | 3,774 | 3,710 | 2,041 | 1,947 | 1,701 | 1,129 | 388 | -1,452 | 717 | 2,215 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -5,139 | 1,345 | 7,873 | -4,794 | 1,790 | 3,774 | 3,710 | 2,041 | 1,947 | 1,701 | 1,129 | 388 | -1,452 | 717 | 2,215 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Number Of Employees | |||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 184 | 969 | 1,754 | 2,539 | 3,020 | 3,774 | 4,528 | 5,282 | 6,036 | 6,790 | 7,544 | 7,544 | 7,544 | 7,544 |
| 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 | 0 | 184 | 969 | 1,754 | 2,539 | 3,020 | 3,774 | 4,528 | 5,282 | 6,036 | 6,790 | 7,544 | 7,544 | 7,544 | 7,544 |
| Stock & work in progress | 0 | 0 | 0 | 129 | 0 | 103 | 985 | 522 | 577 | 585 | 631 | 691 | 724 | 783 | 1,053 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 205 | 26 | 61 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,547 | 2,834 | 1,909 | 1,362 | 1,100 | 1,145 | 1,114 | 1,527 | 972 | 1,012 | 924 | 626 | 609 | 28 | 4 |
| Cash | 32,027 | 37,671 | 36,454 | 28,202 | 32,590 | 30,159 | 24,573 | 20,360 | 18,001 | 15,260 | 12,897 | 11,468 | 11,306 | 12,990 | 12,008 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 35,574 | 40,505 | 38,363 | 29,693 | 33,690 | 31,407 | 26,877 | 22,435 | 19,611 | 16,857 | 14,452 | 12,785 | 12,639 | 13,801 | 13,065 |
| total assets | 35,574 | 40,689 | 39,332 | 31,447 | 36,229 | 34,427 | 30,651 | 26,963 | 24,893 | 22,893 | 21,242 | 20,329 | 20,183 | 21,345 | 20,609 |
| 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 | 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 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 | 264 | 240 | 228 | 216 | 204 | 192 | 190 | 212 | 183 | 130 | 180 | 396 | 638 | 348 | 329 |
| total current liabilities | 264 | 240 | 228 | 216 | 204 | 192 | 190 | 212 | 183 | 130 | 180 | 396 | 638 | 348 | 329 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 264 | 240 | 228 | 216 | 204 | 192 | 190 | 212 | 183 | 130 | 180 | 396 | 638 | 348 | 329 |
| net assets | 35,310 | 40,449 | 39,104 | 31,231 | 36,025 | 34,235 | 30,461 | 26,751 | 24,710 | 22,763 | 21,062 | 19,933 | 19,545 | 20,997 | 20,280 |
| total shareholders funds | 35,310 | 40,449 | 39,104 | 31,231 | 36,025 | 34,235 | 30,461 | 26,751 | 24,710 | 22,763 | 21,062 | 19,933 | 19,545 | 20,997 | 20,280 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 184 | 785 | 785 | 785 | 784 | 754 | 754 | 754 | 754 | 754 | 754 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | -129 | 129 | -103 | -882 | 463 | -55 | -8 | -46 | -60 | -33 | -59 | -270 | 1,053 |
| Debtors | 713 | 925 | 547 | 262 | -45 | -174 | -234 | 520 | 21 | 88 | 298 | 17 | 581 | 24 | 4 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 24 | 12 | 12 | 12 | 12 | 2 | -22 | 29 | 53 | -50 | -216 | -242 | 290 | 19 | 329 |
| 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 | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| 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 | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 | 0 | 0 |
| cash flow from financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 | 0 | 18,065 |
| cash and cash equivalents | |||||||||||||||
| cash | -5,644 | 1,217 | 8,252 | -4,388 | 2,431 | 5,586 | 4,213 | 2,359 | 2,741 | 2,363 | 1,429 | 162 | -1,684 | 982 | 12,008 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -5,644 | 1,217 | 8,252 | -4,388 | 2,431 | 5,586 | 4,213 | 2,359 | 2,741 | 2,363 | 1,429 | 162 | -1,684 | 982 | 12,008 |
orkney wireless museum Credit Report and Business Information
Orkney Wireless Museum Competitor Analysis
Perform a competitor analysis for orkney wireless museum by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in KW15 area or any other competitors across 12 key performance metrics.
orkney wireless museum Ownership
ORKNEY WIRELESS MUSEUM group structure
Orkney Wireless Museum has no subsidiary companies.
Ultimate parent company
ORKNEY WIRELESS MUSEUM
SC288686
orkney wireless museum directors
Orkney Wireless Museum currently has 8 directors. The longest serving directors include Mr Kenneth MacDonald (Aug 2005) and Mr Michael MacDonald (Aug 2005).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kenneth MacDonald | 66 years | Aug 2005 | - | Director | |
| Mr Michael MacDonald | 60 years | Aug 2005 | - | Director | |
| Mr Peter MacDonald | 65 years | Aug 2005 | - | Director | |
| Mr Edmund Holt | 79 years | Aug 2010 | - | Director | |
| Mr James Grieve | 72 years | Aug 2010 | - | Director | |
| Mrs Christine Foden | 73 years | Dec 2018 | - | Director | |
| Ms Janet Dean | 68 years | Jun 2023 | - | Director | |
| Mr Stephen Turner | Isle Of Man | 57 years | Jun 2023 | - | Director |
P&L
December 2023turnover
15.8k
+100%
operating profit
-6.9k
0%
gross margin
57.1%
-7.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
35.3k
-0.13%
total assets
35.6k
-0.13%
cash
32k
-0.15%
net assets
Total assets minus all liabilities
orkney wireless museum company details
company number
SC288686
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
91020 - Museum activities
incorporation date
August 2005
age
19
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
IVAN HOUSTON
auditor
-
address
kiln corner, junction road, kirkwall, orkney, KW15 1LB
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
orkney wireless 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 did not find charges/mortgages relating to orkney wireless museum.
orkney wireless museum Companies House Filings - See Documents
| date | description | view/download |
|---|
