THE PADDLE STEAMER PRESERVATION SOCIETY
Get an alert when THE PADDLE STEAMER PRESERVATION SOCIETY files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£3.8m
+2% highest in 3 filed years
Net assets
£6.8m
-0.1% vs 2024
Employees
37
0% vs 2024
Profit before tax
-£9.6k
-101% lowest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-10-31
| Metric | Trend | 2023-10-31 | 2024-10-31 | 2025-10-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £4,509,502 | £4,762,195 | £4,993,262 | +4.9% | |
| Operating profit | £956,366 | £831,889 | -£134,087 | -116.1% | |
| Profit before tax | £1,004,875 | £937,115 | -£9,591 | -101% | |
| Net profit | £1,004,618 | £939,154 | -£9,909 | -101.1% | |
| Cash | £2,836,186 | £3,725,059 | £3,797,882 | +2% | |
| Total assets less current liabilities | £5,884,802 | £6,823,578 | £6,813,699 | -0.1% | |
| Net assets | £5,874,568 | £6,813,722 | £6,803,813 | -0.1% | |
| Equity | £5,874,568 | £6,813,722 | £6,803,813 | -0.1% | |
| Average employees | 36 | 37 | 37 | 0% | |
| Wages | £1,152,337 | £626,765 | £688,543 | +9.9% | |
| Directors' remuneration | £76,118 | £76,978 | £80,770 | +4.9% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-10-31 | 2024-10-31 | 2025-10-31 |
|---|---|---|---|---|
| Operating margin | 21.2% | 17.5% | -2.7% | |
| Net margin | 22.3% | 19.7% | -0.2% | |
| Return on capital employed | 16.3% | 12.2% | -2.0% | |
| Gearing (liabilities / total assets) | — | 9.7% | 9.3% | |
| Current ratio | 5.15x | 6.04x | 6.45x |
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
- Henderson & Company
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- THE PADDLE STEAMER PRESERVATION SOCIETY · parent
- Paddle Steamer Kingswear Castle Trust Limited 83%
- Waverley Steam Navigation Co. Limited 67%
- Waverley Excursions Limited 100%
Significant events
- “Sadly, almost a year after the death of her husband, Timothy West CBE, the second of our joint Patrons, Prunella Scales CBE, died on 27 October 2025.”
- “The outstanding long-term loans totalling £117,201 were converted to grants during the year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
16 active · 49 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MORLEY, Peter Thomas | Secretary | 2017-11-25 | — | — |
| ADAMS, Keith Michael | Director | 2019-06-22 | Feb 1953 | British |
| ALLEN, John Clifford Tresoldi | Director | 2019-11-23 | Apr 1957 | British |
| CLAMMER, Richard William | Director | 2014-10-25 | May 1951 | British |
| DOCHERTY, Deryk John | Director | 2019-11-23 | Jan 1947 | British |
| GILL, Ashley William | Director | 2025-10-25 | Mar 1971 | British |
| GREEN, David Christopher | Director | 2007-03-24 | Dec 1949 | British |
| JOHNSON, Angela Jane | Director | 2014-11-29 | Aug 1955 | British |
| KEMP, Noel Anthony | Director | 2011-04-16 | Nov 1956 | British |
| LARKIN, Christopher Michael | Director | 2019-03-09 | Dec 1990 | British |
| LONGHURST, Martin Richard | Director | — | May 1952 | British |
| MEGORAN, John Hugh | Director | 1996-04-20 | Feb 1951 | British |
| MORLEY, Peter Thomas | Director | 2017-11-25 | May 1960 | British |
| ROBERTSON, Iain | Director | 2023-12-05 | Dec 1955 | British |
| SEMPLE, Paul William | Director | 2019-01-31 | Jan 1979 | British |
| WILSON, Gordon Stewart | Director | 2010-03-15 | Jul 1951 | British |
Show 49 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANDERSON, John | Secretary | — | 2017-11-25 |
| ALLEN, Myra Helen Frances | Director | 1992-08-01 | 2022-12-02 |
| ANDERSON, Donald James | Director | 1996-02-24 | 1999-10-17 |
| ANDERSON, John | Director | — | 2021-03-13 |
| BEVERIDGE, John Mackenzie | Director | 2012-08-15 | 2021-03-18 |
| BURROWS, Ian Edwin | Director | 1999-11-06 | 2003-03-06 |
| CADE, Phillip Richard | Director | 1992-08-01 | 1997-11-08 |
| CAMERON, Stuart Duncan | Director | 2001-11-24 | 2009-04-18 |
| COCKELL, Malcolm | Director | — | 1991-08-31 |
| DEWAR, Iain | Director | 2013-09-07 | 2018-03-10 |
| ENGERT, Richard John | Director | 2009-01-10 | 2016-11-19 |
| GILL, Ashley William | Director | 1996-02-24 | 1997-06-13 |
| GOLD, Jeremy Michael | Director | 2003-03-22 | 2016-11-19 |
| GOLD, Jeremy Michael | Director | — | 1994-11-05 |
| HADDLETON, David Stephen | Director | 2001-02-24 | 2019-10-26 |
| HAND, Graham Russell | Director | 1994-11-05 | 2001-01-24 |
| HANSON, John | Director | 2002-03-09 | 2009-01-10 |
| HIETT, Donald William | Director | 1998-02-28 | 2002-03-09 |
| HOPSON, Alan Clifford | Director | 2007-07-07 | 2011-03-16 |
| HUGHAN, Michael John | Director | 1997-02-06 | 2011-04-11 |
| JAMES, Nicholas John, Dr | Director | 2009-01-01 | 2014-09-30 |
| JAMES, Nicholas John, Dr | Director | — | 2004-11-20 |
| JAMES, Nicolas John | Director | 2014-11-24 | 2016-11-19 |
| JOLLIFFE, Jonathan Kenneth | Director | 2015-11-11 | 2025-06-28 |
| LEWIS, Alexander George | Director | 2007-11-17 | 2012-02-06 |
| LEWIS, Alexander George | Director | 2003-09-17 | 2007-07-07 |
| MACDONALD, Alan Mitchell | Director | 1998-08-26 | 2001-01-24 |
| MACLEOD, Iain Macintyre | Director | 2012-07-30 | 2013-11-01 |
| MACLEOD, Iain Macintyre | Director | 1996-06-15 | 2008-12-31 |
| MACLEOD, Iain Macintyre | Director | — | 1992-07-31 |
| MCGOWAN, Douglas Webster | Director | 2011-11-19 | 2016-11-19 |
| MCKEE, John Roderick | Director | 1996-02-24 | 2007-11-17 |
| MEARS, Stuart Charles | Director | 2007-11-17 | 2011-03-28 |
| MITCHELL, James Scott | Director | 2021-03-18 | 2023-10-02 |
| MUNN, Andrew Philip | Director | 2017-11-25 | 2019-01-06 |
| MURRELL, Patrick Joseph | Director | 2003-11-15 | 2013-09-07 |
| MURRELL, Patrick Joseph | Director | 1999-10-17 | 2003-06-14 |
| PEAKE, Alan George | Director | 1991-10-15 | 2003-03-22 |
| QUINN, Iain Edward | Director | 1997-11-08 | 1999-11-06 |
| SEMPLE, Paul William | Director | 2011-03-12 | 2019-01-31 |
| SINCLAIR, William Lawrie | Director | 2014-10-01 | 2019-01-06 |
| STEWART, Gavin William James | Director | 2008-11-22 | 2011-06-21 |
| SYLVESTER, John Terrence | Director | 2011-12-10 | 2015-03-14 |
| SYLVESTER, John Terrence | Director | — | 2001-04-17 |
| TAMBLING, Peter, Captain | Director | 1996-11-09 | 2006-09-01 |
| WALL, Robert, Sir | Director | — | 1992-08-01 |
| WHITELAW, Robert | Director | 1996-02-24 | 2013-09-08 |
| WHITMORE, Brian Michael | Director | 2004-11-20 | 2009-01-26 |
| WINFIELD, Richard Graham | Director | 2013-12-07 | 2014-09-27 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 210 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-23 | AA | accounts | Accounts with accounts type group | |
| 2026-07-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-16 | CH01 | officers | Change person director company with change date | |
| 2025-07-14 | AA | accounts | Accounts with accounts type group | |
| 2025-07-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-13 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-18 | CH01 | officers | Change person director company with change date | |
| 2024-12-18 | CH01 | officers | Change person director company with change date | |
| 2024-12-18 | CH01 | officers | Change person director company with change date | |
| 2024-12-18 | CH01 | officers | Change person director company with change date | |
| 2024-07-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-15 | AA | accounts | Accounts with accounts type group | |
| 2024-02-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-14 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-28 | AA | accounts | Accounts with accounts type group | |
| 2023-07-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-20 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-06 | AA01 | accounts | Change account reference date company current shortened | |
| 2022-09-12 | AA | accounts | Accounts with accounts type total exemption full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 0
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.