BRITISH MOTOR INDUSTRY HERITAGE TRUST
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-27 (in 10mo)
Last made up 2026-03-13
Watchouts
None on the register
Cash
£2M
+13.9% vs 2023
Net assets
£11M
+1.6% vs 2023
Employees
122
+8.9% vs 2023
Profit before tax
-£75K
-177.8% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £4,147,271 | £4,309,297 | |
| Operating profit | — | — | |
| Profit before tax | £96,948 | -£75,405 | |
| Net profit | £218,466 | £181,993 | |
| Cash | £1,725,285 | £1,964,852 | |
| Total assets less current liabilities | £11,191,944 | £11,373,937 | |
| Net assets | £11,191,944 | £11,373,937 | |
| Equity | £11,191,944 | £11,373,937 | |
| Average employees | 112 | 122 | |
| Wages | £2,345,820 | £2,628,544 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Net margin | 5.3% | 4.2% | |
| Gearing (liabilities / total assets) | 11.7% | 13.4% | |
| Current ratio | 1.68x | 1.65x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Considered with BMIHT's track record, the business plans and 12-month forecast, the reserves and assets available, offset by the challenges ahead the Trustees are confident that BMIHT will have sufficient funds to meet liabilities as they fall due for at least 12 months from the date of approval of these financial statements and therefore satisfy going concern obligations.”
Group structure
- BRITISH MOTOR INDUSTRY HERITAGE TRUST · parent
- British Motor Industry Heritage Centre Limited 100%
Significant events
- “Museum took a step towards greater global recognition and attended the Salon Retromobile in Paris, one of the largest international classic cars shows.”
- “Museum secured Herbert Austin's Longbridge Office, which thanks to a generous donation from the Patrick Foundation is now displayed in the Museum alongside William Morris's Office both with new state of the art interpretation, including holograms.”
- “increased the number of access days and access tours in 2024, and thanks to funding from Stratford-on-Avon District Council, the Museum was able to instal a Changing Places facility.”
- “2025 marks a period of transition with a change in leadership and, now a lease and planning have been secured, the likely long-awaited start of construction of a new hotel development on the boundary of the Museum site.”
- “new edition of 'The Gallery' was held in 2024. Again, curated with Historic Car Art, the exhibition featured 50% more artists than the previous year.”
- “The major feature exhibition of 2024/25 opened in July. Titled 'From Sketch to Street', it illustrated the evolution of car design from pencil to computer.”
- “During the summer, in collaboration with JLR, a number of royal Land Rover and Range Rover cars embarked on a tour across North America, starting at the Pebble Beach Concours, California.”
- “BMIHT also showcased its work at conferences around the world, including the World Forum for Motor Museums in Japan.”
- “Paul Gilder, workshop manager, retired from BMIHT at the end of the year. He will be superseded by his once apprentice, Martin Brown.”
- “Work began in 2024 to develop a digital version of the Museum's Heritage Certificate. The aim is to provide customers with an alternative to a physical certificate.”
- “2024 saw the introduction of a 621 AOK plush toy, based on the mini in the Museum, this is unique to the Museum and designed and produced by the London Toy Company.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 51 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CAIRNS, Helen Suzanne | Secretary | 2019-03-31 | — | — |
| ARMSTRONG, Peter John | Director | 2025-09-01 | Nov 1963 | British |
| BRUCE, Wayne Michael Robert | Director | 2023-04-26 | Jan 1970 | British |
| CROPLEY, Stephen John | Director | 2016-07-20 | Jan 1949 | Australian |
| KORDAN, Joel Nicholas | Director | 2017-07-05 | Aug 1961 | British |
| MANAGHAN, Adrian James Peter | Director | 2020-04-22 | Nov 1981 | British |
| RANA-GRINDLEY, Satnam Kaur | Director | 2022-01-26 | Apr 1977 | British |
| SHORE, Richard Charles Osborne | Director | 2018-07-11 | Jul 1964 | British |
| SINCLAIR, Louise Rebecca | Director | 2024-07-17 | May 1989 | Scottish,British |
| SINGLETON, Paul | Director | 2018-07-11 | Sep 1967 | British |
Show 51 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ELLIOTT, Teresa Margaret | Secretary | 1994-03-10 | 2000-05-19 |
| PEARSON, Susan Lesley | Secretary | 2000-09-20 | 2019-03-31 |
| SHAH, Rajul Kunjbihari | Secretary | 2000-05-19 | 2000-09-20 |
| WINDRIDGE, Susan Doreen | Secretary | — | 1994-03-10 |
| ALLAN, William Craig, Dr | Director | 1998-06-10 | 2016-10-12 |
| AXE, Royden | Director | — | 1997-05-14 |
| BACCHUS, William John | Director | 2000-05-09 | 2006-12-14 |
| BARNES, Derek Gordon | Director | 2008-12-12 | 2012-04-01 |
| BARTER, Nicolas Frank, Dr | Director | 2000-07-12 | 2016-09-13 |
| BEASLEY, Michael Ernest | Director | 2000-07-12 | 2016-10-12 |
| BENJAMIN, Keith John | Director | 2019-04-10 | 2023-10-19 |
| BISHOP, Naomi Jane | Director | 2007-03-09 | 2019-04-10 |
| BOWER, David George | Director | 1996-09-19 | 1999-03-31 |
| BRYANT, Michael John | Director | — | 1999-12-13 |
| COOPE, Jeffrey Colin | Director | 2012-06-26 | 2025-03-21 |
| DOVER, Robert Alan | Director | 2000-07-12 | 2017-07-12 |
| EDWARDS, John Stirling | Director | 2014-04-08 | 2018-06-30 |
| EICH, Christian Wilhelm | Director | 1999-12-13 | 2000-07-12 |
| FORSTER, Carl Peter | Director | 1999-12-13 | 2000-03-16 |
| GREEN, Gavin Bryan | Director | 2000-12-06 | 2002-10-04 |
| HUSBAND, Anna Jane | Director | 2021-01-20 | 2022-07-26 |
| JEENS, Christopher | Director | 2007-03-09 | 2015-08-10 |
| JOHN VON FREYEND, Christian | Director | 1999-12-13 | 2000-07-12 |
| KLAAS, Frank Henning Christian | Director | 2011-09-27 | 2012-08-31 |
| LEVY, Jason Warren | Director | 2020-01-22 | 2026-04-24 |
| MARECKI, Michael Francis | Director | 2003-06-18 | 2005-04-07 |
| MITCHELL, Peter | Director | 1996-03-21 | 2005-09-29 |
| MORRIS, Graham John | Director | — | 1995-03-08 |
| NORMAN, Stephen | Director | 2020-01-22 | 2021-01-31 |
| PARGETER, Fiona | Director | 2013-03-26 | 2019-04-10 |
| POPHAM, Philip Colin | Director | 2006-06-29 | 2015-04-15 |
| PULLEN, John Michael | Director | — | 2006-12-14 |
| PURVES, Thomas Finlayson Grant | Director | 1996-09-19 | 1999-04-30 |
| PUTNAM, Roger George | Director | 2000-07-12 | 2005-09-29 |
| RAMSAY, Roderick Thomas Wilson | Director | — | 1999-12-13 |
| RICHARDS, David Pender | Director | 2008-12-12 | 2016-07-20 |
| RIDING-FELCE, Kingsley James | Director | 2000-07-12 | 2014-04-08 |
| ROSE, Harry Anthony | Director | — | 1999-03-24 |
| RUSSELL, John Kennedy | Director | — | 1996-05-31 |
| SAMANN, Werner, Prof Dr | Director | 1999-12-13 | 2002-01-01 |
| SEVIER, Sarah Frances | Director | 2018-04-11 | 2024-11-20 |
| SMITH, David Miles | Director | 2000-07-12 | 2015-04-15 |
| STEPHENSON, Nicholas John | Director | 2000-07-12 | 2006-06-29 |
| STEPHENSON, Nicholas John | Director | 1994-11-23 | 1999-12-13 |
| TAYLOR, Matthew Gordon Robert | Director | 2003-05-02 | 2013-12-03 |
| TEW, Julie Susan | Director | 2008-12-12 | 2020-04-22 |
| TIMMS, Kevin John | Director | 2003-06-18 | 2024-04-24 |
| TOWERS, John | Director | 1993-07-22 | 1996-05-31 |
| VACY-ASH, Charles Gilbert | Director | 2005-04-07 | 2016-09-09 |
| WHARTON, Leslie Malcolm | Director | — | 1993-07-22 |
| WOODWARK, Christopher John Stuart | Director | — | 1993-08-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Kevin John Timms | Individual | Voting 25–50% | 2022-02-18 | Ceased 2022-02-18 |
| Ford Motor Company Limited | Corporate entity | Voting 25–50% | 2022-02-18 | Ceased 2022-02-18 |
| Jlr Nominee Company Limited | Corporate entity | Voting 25–50%, Significant influence | 2016-04-06 | Ceased 2022-02-18 |
| Jaguar Land Rover Holdings Limited | Corporate entity | Voting 25–50%, Significant influence | 2016-04-06 | Ceased 2022-02-18 |
| Ford Motor Company Limited | Corporate entity | Shares 25–50%, ownership-of-shares-25-to-50-percent-as-firm, Significant influence | 2016-04-06 | Ceased 2022-02-04 |
Filing timeline
Last 20 of 309 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-27 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-11 | AA | accounts | Accounts with accounts type group | |
| 2025-04-04 | CH01 | officers | Change person director company with change date | |
| 2025-03-26 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-26 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-19 | AA | accounts | Accounts with accounts type group | |
| 2024-07-23 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-15 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2024-05-15 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-05-15 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-05-15 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-05-15 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-04-30 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-07 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-02-07 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-02-07 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+3.9%
£4,147,271 £4,309,297
-
Cash
+13.9%
£1,725,285 £1,964,852
-
Net assets
+1.6%
£11,191,944 £11,373,937
-
Employees
+8.9%
112 122
-
Profit before tax
-177.8%
£96,948 -£75,405
-
Wages
+12.1%
£2,345,820 £2,628,544
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers