Company Overview
The Longhope Lifeboat Museum Trust is listed at the official companies registry as Active Private Limited Company By Guarantee Without Share Capital, Use Of 'Limited' Exemption. The company was incorporated on Monday 09 July 2001, so this is a well established company. The Longhope Lifeboat Museum Trust has been in business for 24 years and 9 months. The accounts status is total exemption full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

1 Castle Street, Kirkwall, Orkney, KW15 1HD
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Companies House Data
Company NameTHE LONGHOPE LIFEBOAT MUSEUM TRUST
Company NumberSC221034
Registered Office Address1 Castle Street
 Kirkwall
 KW15 1HD
Company CategoryPrivate Limited Company By Guarantee Without Share Capital, Use Of 'Limited' Exemption
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date09/07/2001
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date06/08/2016
Returns Last Made Up Date09/07/2015
Directors & Members
Show Resigned
Maureen Bates - Director
(British, 68 years old, born May 1958)
Appointed 14 September 2011
 Active
Colin Bates - Director
(British, 68 years old, born June 1958)
Appointed 14 September 2011
 Active
Andrew Dobrzynski - Director
(British, 62 years old, born September 1964)
Appointed 08 October 2019
 Active
Andrew Fellows - Director
(British, 58 years old, born April 1968)
Appointed 08 October 2019
 Active
Peter Hall - Director
(British, 73 years old, born August 1953)
Appointed 21 July 2004
 Active
Mary Harris - Director
(British, 74 years old, born July 1952)
Appointed 31 May 2022
 Active
Kevin Kirkpatrick - Director
(British, 60 years old, born April 1966)
Appointed 09 July 2001
 Active
Alan MacKinnon - Director
(British, 61 years old, born May 1965)
Appointed 08 October 2019
 Active
Secretaries
Show Resigned
Mary Harris - Secretary
Appointed 31 May 2022
 Active
Other Company Directorships
Maureen Bates
No companies found
Colin Bates
No companies found
Andrew Dobrzynski
No companies found
Andrew Fellows
No companies found
Peter Hall
EMPLOYABILITY ORKNEY
GABLE END THEATRE CO. LTD.
ORKNEY CITIZENS ADVICE BUREAU
SCOTTISH COUNCIL FOR VOLUNTARY ORGANISATIONS
THE ISLAND OF HOY DEVELOPMENT TRUST
Mary Harris
No companies found
Kevin Kirkpatrick
K & K KIRKPATRICK LIMITED
Alan MacKinnon
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 3,217 3,217 4,275
Current Assets 72,479 72,479 67,064
Creditors Due Within One Year 5,330 5,330 2,648
Working Cap 67,149 67,149 64,416
Total Assets Less Current Liabilities 70,366 70,366 68,691
Long-term Liabilities - - -
Net Assets - - -
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds - - -
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 4.2% 4.2% 6.0%
Stocks Inventory - - -
Debtors 1.2% 1.2% 2.3%
Cash Bank In Hand 93.1% 93.1% 89.1%
Current Assets 95.8% 95.8% 94.0%
Creditors Due Within One Year 7.0% 7.0% 3.7%
Net Current Assets Liabilities 88.7% 88.7% 90.3%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds - - -
Capital Employed - - -
Total Assets Less Current Liabilities 93.0% 93.0% 96.3%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Liquidity Ratio 13.6 13.6 25.3
Solvency Ratio - - -
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Assets 75,696 75,696 71,339
Debt - - -
Net Assets/Debt - - -

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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