montrose air station heritage centre
montrose air station heritage centre Company Information
Company Number
SC336294
Next Accounts
62 days late
Shareholders
-
Group Structure
View All
Industry
Museum activities
Registered Address
montrose air station heritage ce, waldron road, montrose, angus, DD10 9BD
Website
www.rafmontrose.org.ukmontrose air station heritage centre Estimated Valuation
Pomanda estimates the enterprise value of MONTROSE AIR STATION HERITAGE CENTRE at £33.4k based on a Turnover of £40k and 0.83x industry multiple (adjusted for size and gross margin).
montrose air station heritage centre Estimated Valuation
Pomanda estimates the enterprise value of MONTROSE AIR STATION HERITAGE CENTRE at £58k based on an EBITDA of £6.5k and a 8.98x industry multiple (adjusted for size and gross margin).
montrose air station heritage centre Estimated Valuation
Pomanda estimates the enterprise value of MONTROSE AIR STATION HERITAGE CENTRE at £866 based on Net Assets of £463 and 1.87x industry multiple (adjusted for liquidity).
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Montrose Air Station Heritage Centre Overview
Montrose Air Station Heritage Centre is a converted/closed company that was located in montrose, DD10 9BD with a Companies House number of SC336294. It operated in the museums activities sector, SIC Code 91020. Founded in January 2008, it's largest shareholder was unknown. The last turnover for Montrose Air Station Heritage Centre was estimated at £40k.
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Montrose Air Station Heritage Centre Health Check
Pomanda's financial health check has awarded Montrose Air Station Heritage Centre a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £40k, make it smaller than the average company (£357.1k)
£40k - Montrose Air Station Heritage Centre
£357.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (2.6%)
-10% - Montrose Air Station Heritage Centre
2.6% - Industry AVG
Production
with a gross margin of 57.9%, this company has a comparable cost of product (57.9%)
57.9% - Montrose Air Station Heritage Centre
57.9% - Industry AVG
Profitability
an operating margin of 14.2% make it as profitable than the average company (16%)
14.2% - Montrose Air Station Heritage Centre
16% - Industry AVG
Employees
with 1 employees, this is below the industry average (10)
- Montrose Air Station Heritage Centre
10 - Industry AVG
Pay Structure
on an average salary of £19.3k, the company has an equivalent pay structure (£19.3k)
- Montrose Air Station Heritage Centre
£19.3k - Industry AVG
Efficiency
resulting in sales per employee of £40k, this is less efficient (£50.8k)
- Montrose Air Station Heritage Centre
£50.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Montrose Air Station Heritage Centre
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Montrose Air Station Heritage Centre
- - Industry AVG
Stock Days
it holds stock equivalent to 66 days, this is less than average (102 days)
66 days - Montrose Air Station Heritage Centre
102 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 30 weeks, this is less cash available to meet short term requirements (233 weeks)
30 weeks - Montrose Air Station Heritage Centre
233 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.2%, this is a higher level of debt than the average (5.8%)
97.2% - Montrose Air Station Heritage Centre
5.8% - Industry AVG
MONTROSE AIR STATION HERITAGE CENTRE financials
Montrose Air Station Heritage Centre's latest turnover from March 2023 is £40 thousand and the company has net assets of £463. According to their latest financial statements, we estimate that Montrose Air Station Heritage Centre has 1 employee and maintains cash reserves of £9.3 thousand 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 | 39,966 | 28,063 | 14,125 | 55,208 | 58,177 | 58,535 | 46,266 | 47,320 | 39,563 | 32,942 | 28,848 | 30,919 | 22,829 | 20,894 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | 4,844 | 949 | -12,745 | -5,719 | 5,088 | -4,155 | -172 | -1,824 | 8,573 | -1,897 | 3,762 | -79 | ||
| Tax | ||||||||||||||
| Profit After Tax | 4,844 | 949 | -12,745 | -5,719 | 5,088 | -4,155 | -172 | -1,824 | 8,573 | -1,897 | 3,762 | -79 | ||
| Dividends Paid | ||||||||||||||
| Retained Profit | 4,844 | 949 | -12,745 | -5,719 | 5,088 | -4,155 | -172 | -1,824 | 8,573 | -1,897 | 3,762 | -79 | ||
| Employee Costs | ||||||||||||||
| Number Of Employees | ||||||||||||||
| 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 | 3,887 | 3,879 | 4,275 | 5,684 | 4,011 | 1,240 | 4,336 | |||||||
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 3,887 | 3,879 | 4,275 | 5,684 | 4,011 | 1,240 | 4,336 | |||||||
| Stock & work in progress | 3,068 | 3,487 | 4,394 | 4,676 | 4,284 | 3,897 | 3,897 | 3,338 | 4,430 | 5,466 | 7,509 | 1,932 | 3,158 | 1,720 |
| Trade Debtors | 3,780 | 1,908 | 2,393 | 1,212 | 910 | |||||||||
| Group Debtors | 1,200 | |||||||||||||
| Misc Debtors | 1,165 | 200 | 105 | |||||||||||
| Cash | 9,315 | 5,726 | 4,241 | 3,910 | 529 | 1,372 | 4,544 | 2,665 | 6,889 | 7,093 | 7,018 | 4,387 | 4,463 | 2,534 |
| misc current assets | 3,745 | 583 | ||||||||||||
| total current assets | 12,383 | 9,213 | 8,635 | 8,586 | 9,723 | 9,049 | 10,932 | 8,396 | 12,531 | 13,469 | 14,527 | 6,319 | 7,821 | 5,559 |
| total assets | 16,270 | 13,092 | 12,910 | 14,270 | 13,734 | 10,289 | 15,268 | 8,396 | 12,531 | 13,469 | 14,527 | 6,319 | 7,821 | 5,559 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 1,026 | 565 | 6,872 | 766 | 395 | |||||||||
| Group/Directors Accounts | 1,500 | |||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 15,807 | 16,447 | 17,675 | 6,855 | 600 | 2,243 | 350 | 350 | 330 | 330 | 330 | 300 | 300 | 300 |
| total current liabilities | 15,807 | 17,473 | 18,240 | 6,855 | 600 | 2,243 | 7,222 | 350 | 330 | 1,096 | 330 | 695 | 300 | 1,800 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | ||||||||||||||
| total long term liabilities | ||||||||||||||
| total liabilities | 15,807 | 17,473 | 18,240 | 6,855 | 600 | 2,243 | 7,222 | 350 | 330 | 1,096 | 330 | 695 | 300 | 1,800 |
| net assets | 463 | -4,381 | -5,330 | 7,415 | 13,134 | 8,046 | 8,046 | 8,046 | 12,201 | 12,373 | 14,197 | 5,624 | 7,521 | 3,759 |
| total shareholders funds | 463 | -4,381 | -5,330 | 7,415 | 13,134 | 8,046 | 8,046 | 8,046 | 12,201 | 12,373 | 14,197 | 5,624 | 7,521 | 3,759 |
| 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 | 801 | 1,747 | 1,409 | 1,409 | 639 | 413 | 1,445 | |||||||
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | -419 | -907 | -282 | 392 | 387 | 559 | -1,092 | -1,036 | -2,043 | 5,577 | -1,226 | 1,438 | 1,720 | |
| Debtors | -1,165 | -2,615 | 1,872 | -485 | 1,181 | 302 | 910 | -200 | -1,105 | 1,305 | ||||
| Creditors | -1,026 | 461 | 565 | -6,872 | 6,872 | -766 | 766 | -395 | 395 | |||||
| Accruals and Deferred Income | -640 | -1,228 | 10,820 | 6,255 | -1,643 | 1,893 | 20 | 30 | 300 | |||||
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -1,500 | 1,500 | ||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | -1,500 | 5,338 | ||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 3,589 | 1,485 | 331 | 3,381 | -843 | -3,172 | 1,879 | -4,224 | -204 | 75 | 2,631 | -76 | 1,929 | 2,534 |
| overdraft | ||||||||||||||
| change in cash | 3,589 | 1,485 | 331 | 3,381 | -843 | -3,172 | 1,879 | -4,224 | -204 | 75 | 2,631 | -76 | 1,929 | 2,534 |
montrose air station heritage centre Credit Report and Business Information
Montrose Air Station Heritage Centre Competitor Analysis
Perform a competitor analysis for montrose air station heritage centre by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in DD10 area or any other competitors across 12 key performance metrics.
montrose air station heritage centre Ownership
MONTROSE AIR STATION HERITAGE CENTRE group structure
Montrose Air Station Heritage Centre has no subsidiary companies.
Ultimate parent company
MONTROSE AIR STATION HERITAGE CENTRE
SC336294
montrose air station heritage centre directors
Montrose Air Station Heritage Centre currently has 7 directors. The longest serving directors include Mr Colin Christie (Oct 2010) and Mr Hamish Watt (Dec 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Colin Christie | Scotland | 58 years | Oct 2010 | - | Director |
| Mr Hamish Watt | 77 years | Dec 2011 | - | Director | |
| Mr Stuart Archibald | Scotland | 66 years | Mar 2019 | - | Director |
| Mr Steve Regulski | Scotland | 69 years | Mar 2020 | - | Director |
| Mrs Sian Brewis | Scotland | 55 years | May 2020 | - | Director |
| Mr Peter Johnson | 74 years | May 2020 | - | Director | |
| Mrs Elizabeth McIntosh | Scotland | 71 years | Oct 2020 | - | Director |
P&L
March 2023turnover
40k
+42%
operating profit
5.7k
0%
gross margin
58%
+9.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
463
-1.11%
total assets
16.3k
+0.24%
cash
9.3k
+0.63%
net assets
Total assets minus all liabilities
montrose air station heritage centre company details
company number
SC336294
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
91020 - Museum activities
incorporation date
January 2008
age
17
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
KERRY HUMPHRIES
auditor
-
address
montrose air station heritage ce, waldron road, montrose, angus, DD10 9BD
Bank
CLYDESDALE BANK
Legal Advisor
-
montrose air station heritage centre 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 montrose air station heritage centre.
montrose air station heritage centre 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.
Click to start generating capital raising & share issue transactions for MONTROSE AIR STATION HERITAGE CENTRE. This can take several minutes, an email will notify you when this has completed.
montrose air station heritage centre Companies House Filings - See Documents
| date | description | view/download |
|---|
