tindle newspapers west country limited
tindle newspapers west country limited Company Information
Company Number
00929427
Website
www.mnrjournal.co.ukRegistered Address
the old court house union road, farnham, farnham, surrey, GU9 7PT
Industry
Publishing of newspapers
Telephone
01761258030
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
tindle newspapers ltd 100%
tindle newspapers west country limited Estimated Valuation
Pomanda estimates the enterprise value of TINDLE NEWSPAPERS WEST COUNTRY LIMITED at £339.7k based on a Turnover of £824.1k and 0.41x industry multiple (adjusted for size and gross margin).
tindle newspapers west country limited Estimated Valuation
Pomanda estimates the enterprise value of TINDLE NEWSPAPERS WEST COUNTRY LIMITED at £46.7k based on an EBITDA of £17.8k and a 2.62x industry multiple (adjusted for size and gross margin).
tindle newspapers west country limited Estimated Valuation
Pomanda estimates the enterprise value of TINDLE NEWSPAPERS WEST COUNTRY LIMITED at £1.1m based on Net Assets of £532k and 1.98x industry multiple (adjusted for liquidity).
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Tindle Newspapers West Country Limited Overview
Tindle Newspapers West Country Limited is a live company located in farnham, GU9 7PT with a Companies House number of 00929427. It operates in the publishing of newspapers sector, SIC Code 58130. Founded in March 1968, it's largest shareholder is tindle newspapers ltd with a 100% stake. Tindle Newspapers West Country Limited is a mature, small sized company, Pomanda has estimated its turnover at £824.1k with declining growth in recent years.
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Tindle Newspapers West Country Limited Health Check
Pomanda's financial health check has awarded Tindle Newspapers West Country Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £824.1k, make it larger than the average company (£604.4k)
- Tindle Newspapers West Country Limited
£604.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (-3.1%)
- Tindle Newspapers West Country Limited
-3.1% - Industry AVG
Production
with a gross margin of 41.6%, this company has a comparable cost of product (41.6%)
- Tindle Newspapers West Country Limited
41.6% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (1%)
- Tindle Newspapers West Country Limited
1% - Industry AVG
Employees
with 15 employees, this is below the industry average (26)
15 - Tindle Newspapers West Country Limited
26 - Industry AVG
Pay Structure
on an average salary of £37.1k, the company has an equivalent pay structure (£37.1k)
- Tindle Newspapers West Country Limited
£37.1k - Industry AVG
Efficiency
resulting in sales per employee of £54.9k, this is less efficient (£83.8k)
- Tindle Newspapers West Country Limited
£83.8k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is near the average (38 days)
- Tindle Newspapers West Country Limited
38 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (34 days)
- Tindle Newspapers West Country Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tindle Newspapers West Country Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 43 weeks, this is more cash available to meet short term requirements (30 weeks)
43 weeks - Tindle Newspapers West Country Limited
30 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.4%, this is a lower level of debt than the average (53.8%)
19.4% - Tindle Newspapers West Country Limited
53.8% - Industry AVG
TINDLE NEWSPAPERS WEST COUNTRY LIMITED financials
Tindle Newspapers West Country Limited's latest turnover from March 2023 is estimated at £824.1 thousand and the company has net assets of £532 thousand. According to their latest financial statements, Tindle Newspapers West Country Limited has 15 employees and maintains cash reserves of £107.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Apr 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 | 308,962 | 314,420 | 340,541 | 347,104 | 344,283 | 321,708 | 331,644 | 346,602 | 338,834 | |||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 137,669 | 140,567 | 148,315 | 164,048 | 157,826 | 151,240 | 150,063 | 152,963 | 155,622 | |||||
| Gross Profit | 171,293 | 173,853 | 192,226 | 183,056 | 186,457 | 170,468 | 181,581 | 193,639 | 183,212 | |||||
| Admin Expenses | 100,231 | 92,487 | 95,989 | 93,945 | 95,554 | 109,694 | 109,478 | 114,931 | 109,871 | |||||
| Operating Profit | 71,062 | 81,366 | 96,237 | 89,111 | 90,903 | 60,774 | 72,103 | 78,708 | 73,341 | |||||
| Interest Payable | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Interest Receivable | 115 | 25 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Pre-Tax Profit | 71,177 | 81,391 | 96,236 | 89,111 | 90,903 | 60,774 | 72,103 | 78,708 | 73,341 | |||||
| Tax | -13,179 | -16,712 | -19,233 | -18,730 | -20,718 | -14,620 | -18,788 | -22,209 | -20,232 | |||||
| Profit After Tax | 57,998 | 64,679 | 77,003 | 70,381 | 70,185 | 46,154 | 53,315 | 56,499 | 53,109 | |||||
| Dividends Paid | 45,000 | 65,000 | 65,000 | 70,000 | 100,000 | 50,000 | 50,000 | 60,000 | 40,000 | |||||
| Retained Profit | 12,998 | -321 | 12,003 | 381 | -29,815 | -3,846 | 3,315 | -3,501 | 13,109 | |||||
| Employee Costs | 84,460 | 86,825 | 102,598 | 105,583 | 109,829 | 99,793 | ||||||||
| Number Of Employees | 15 | 16 | 16 | 34 | 7 | 6 | 8 | 8 | 9 | 10 | 10 | 8 | 9 | 7 |
| EBITDA* | 72,217 | 82,522 | 97,366 | 89,835 | 91,468 | 61,153 | 72,511 | 79,156 | 73,743 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Apr 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 | 431,364 | 443,462 | 129,470 | 140,155 | 1,771 | 1,728 | 2,883 | 4,039 | 4,362 | 1,566 | 891 | 1,270 | 842 | 1,290 |
| Intangible Assets | 1 | 1 | 1 | 1 | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 431,365 | 443,463 | 129,471 | 140,156 | 1,771 | 1,728 | 2,883 | 4,039 | 4,362 | 1,566 | 891 | 1,270 | 842 | 1,290 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 76,672 | 95,116 | 90,056 | 204,989 | 31,991 | 33,118 | 39,478 | 35,971 | 35,185 | 34,493 | 38,750 | 41,181 | 39,620 | 39,218 |
| Group Debtors | 0 | 0 | 0 | 11,086 | 187,463 | 146,446 | 125,842 | 101,060 | 97,754 | 109,958 | 150,790 | 83,588 | 123,658 | 85,084 |
| Misc Debtors | 43,951 | 26,616 | 20,378 | 23,620 | 3,664 | 3,466 | 3,414 | 3,792 | 16,950 | 2,948 | 3,044 | 2,564 | 3,178 | 8,269 |
| Cash | 107,781 | 186,031 | 139,269 | 278,121 | 60,367 | 51,306 | 51,449 | 79,551 | 67,756 | 63,358 | 42,032 | 106,579 | 79,631 | 100,349 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 228,404 | 307,763 | 249,703 | 517,816 | 283,485 | 234,336 | 220,183 | 220,374 | 217,645 | 210,757 | 234,616 | 233,912 | 246,087 | 232,920 |
| total assets | 659,769 | 751,226 | 379,174 | 657,972 | 285,256 | 236,064 | 223,066 | 224,413 | 222,007 | 212,323 | 235,507 | 235,182 | 246,929 | 234,210 |
| Bank overdraft | 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 |
| Trade Creditors | 16,503 | 31,759 | 22,804 | 78,041 | 10,996 | 6,091 | 4,787 | 13,869 | 15,408 | 12,265 | 10,031 | 2,075 | 12,279 | 1,191 |
| Group/Directors Accounts | 43,302 | 133,014 | 53,713 | 13,320 | 678 | 3 | 372 | 0 | 0 | 0 | 0 | 132 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 67,921 | 64,095 | 69,556 | 70,065 | 46,120 | 38,730 | 39,365 | 41,481 | 49,467 | 44,063 | 39,782 | 43,435 | 48,425 | 43,293 |
| total current liabilities | 127,726 | 228,868 | 146,073 | 161,426 | 57,794 | 44,824 | 44,524 | 55,350 | 64,875 | 56,328 | 49,813 | 45,642 | 60,704 | 44,484 |
| loans | 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 |
| Accruals and Deferred Income | 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 |
| provisions | 0 | 0 | 0 | 0 | 300 | 300 | 600 | 800 | 872 | 116 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 300 | 300 | 600 | 800 | 872 | 116 | 0 | 0 | 0 | 0 |
| total liabilities | 127,726 | 228,868 | 146,073 | 161,426 | 58,094 | 45,124 | 45,124 | 56,150 | 65,747 | 56,444 | 49,813 | 45,642 | 60,704 | 44,484 |
| net assets | 532,043 | 522,358 | 233,101 | 496,546 | 227,162 | 190,940 | 177,942 | 168,263 | 156,260 | 155,879 | 185,694 | 189,540 | 186,225 | 189,726 |
| total shareholders funds | 532,043 | 522,358 | 233,101 | 496,546 | 227,162 | 190,940 | 177,942 | 168,263 | 156,260 | 155,879 | 185,694 | 189,540 | 186,225 | 189,726 |
| Mar 2023 | Apr 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 | 71,062 | 81,366 | 96,237 | 89,111 | 90,903 | 60,774 | 72,103 | 78,708 | 73,341 | |||||
| Depreciation | 12,098 | 9,812 | 8,909 | 11,872 | 1,149 | 1,155 | 1,156 | 1,129 | 724 | 565 | 379 | 408 | 448 | 402 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -13,179 | -16,712 | -19,233 | -18,730 | -20,718 | -14,620 | -18,788 | -22,209 | -20,232 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,109 | 11,298 | -129,261 | 16,577 | 40,088 | 14,296 | 27,911 | -9,066 | 2,490 | -45,185 | 65,251 | -39,123 | 33,885 | 132,571 |
| Creditors | -15,256 | 8,955 | -55,237 | 67,045 | 4,905 | 1,304 | -9,082 | -1,539 | 3,143 | 2,234 | 7,956 | -10,204 | 11,088 | 1,191 |
| Accruals and Deferred Income | 3,826 | -5,461 | -509 | 23,945 | 7,390 | -635 | -2,116 | -7,986 | 5,404 | 4,281 | -3,653 | -4,990 | 5,132 | 43,293 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -300 | 0 | -300 | -200 | -72 | 756 | 116 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 45,111 | 26,501 | 77,602 | 77,918 | 122,566 | -14,415 | 77,652 | 39,282 | -34,576 | |||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | -89,712 | 79,301 | 40,393 | 12,642 | 675 | -369 | 372 | 0 | 0 | 0 | -132 | 132 | 0 | 0 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | ||||||||||||||
| interest | 115 | 25 | -1 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| cash flow from financing | -254 | 10,397 | -1 | 0 | 0 | -132 | 132 | 0 | 176,617 | |||||
| cash and cash equivalents | ||||||||||||||
| cash | -78,250 | 46,762 | -138,852 | 217,754 | 9,061 | -143 | -28,102 | 11,795 | 4,398 | 21,326 | -64,547 | 26,948 | -20,718 | 100,349 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -78,250 | 46,762 | -138,852 | 217,754 | 9,061 | -143 | -28,102 | 11,795 | 4,398 | 21,326 | -64,547 | 26,948 | -20,718 | 100,349 |
tindle newspapers west country limited Credit Report and Business Information
Tindle Newspapers West Country Limited Competitor Analysis
Perform a competitor analysis for tindle newspapers west country limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in GU9 area or any other competitors across 12 key performance metrics.
tindle newspapers west country limited Ownership
TINDLE NEWSPAPERS WEST COUNTRY LIMITED group structure
Tindle Newspapers West Country Limited has no subsidiary companies.
Ultimate parent company
2 parents
TINDLE NEWSPAPERS WEST COUNTRY LIMITED
00929427
tindle newspapers west country limited directors
Tindle Newspapers West Country Limited currently has 2 directors. The longest serving directors include Mr Danny Cammiade (Sep 2018) and Mr Scott Wood (Jul 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Danny Cammiade | United Kingdom | 64 years | Sep 2018 | - | Director |
| Mr Scott Wood | England | 50 years | Jul 2022 | - | Director |
P&L
March 2023turnover
824.1k
-17%
operating profit
5.7k
0%
gross margin
41.7%
-6.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
532k
+0.02%
total assets
659.8k
-0.12%
cash
107.8k
-0.42%
net assets
Total assets minus all liabilities
tindle newspapers west country limited company details
company number
00929427
Type
Private limited with Share Capital
industry
58130 - Publishing of newspapers
incorporation date
March 1968
age
56
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
midsomer norton & radstock journal limited (April 2019)
fosseway press limited (November 2003)
accountant
WATSON ASSOCIATES (AUDIT SERVICES) LTD
auditor
-
address
the old court house union road, farnham, farnham, surrey, GU9 7PT
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
tindle newspapers west country limited 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 found 4 charges/mortgages relating to tindle newspapers west country limited. Currently there are 0 open charges and 4 have been satisfied in the past.
tindle newspapers west country limited Companies House Filings - See Documents
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