ir media group limited
ir media group limited Company Information
Company Number
03724289
Next Accounts
Dec 2025
Shareholders
harwood capital nominees limited - client account d
philip swinstead
View AllGroup Structure
View All
Industry
Other business support service activities n.e.c.
+1Registered Address
6 lloyd's avenue, london, EC3N 3AX
ir media group limited Estimated Valuation
Pomanda estimates the enterprise value of IR MEDIA GROUP LIMITED at £1.6m based on a Turnover of £2.8m and 0.6x industry multiple (adjusted for size and gross margin).
ir media group limited Estimated Valuation
Pomanda estimates the enterprise value of IR MEDIA GROUP LIMITED at £0 based on an EBITDA of £-2m and a 3.78x industry multiple (adjusted for size and gross margin).
ir media group limited Estimated Valuation
Pomanda estimates the enterprise value of IR MEDIA GROUP LIMITED at £755.9k based on Net Assets of £388.8k and 1.94x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ir Media Group Limited Overview
Ir Media Group Limited is a live company located in london, EC3N 3AX with a Companies House number of 03724289. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 1999, it's largest shareholder is harwood capital nominees limited - client account d with a 48.2% stake. Ir Media Group Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.8m with healthy growth in recent years.
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Ir Media Group Limited Health Check
Pomanda's financial health check has awarded Ir Media Group Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
7 Weak
Size
annual sales of £2.8m, make it in line with the average company (£2.4m)
- Ir Media Group Limited
£2.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (8.1%)
- Ir Media Group Limited
8.1% - Industry AVG
Production
with a gross margin of 47.7%, this company has a comparable cost of product (47.7%)
- Ir Media Group Limited
47.7% - Industry AVG
Profitability
an operating margin of -73.6% make it less profitable than the average company (6.4%)
- Ir Media Group Limited
6.4% - Industry AVG
Employees
with 32 employees, this is above the industry average (19)
32 - Ir Media Group Limited
19 - Industry AVG
Pay Structure
on an average salary of £74.2k, the company has a higher pay structure (£49.7k)
£74.2k - Ir Media Group Limited
£49.7k - Industry AVG
Efficiency
resulting in sales per employee of £86.2k, this is less efficient (£131k)
- Ir Media Group Limited
£131k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is later than average (42 days)
- Ir Media Group Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (38 days)
- Ir Media Group Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ir Media Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 30 weeks, this is average cash available to meet short term requirements (29 weeks)
30 weeks - Ir Media Group Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74%, this is a higher level of debt than the average (57.2%)
74% - Ir Media Group Limited
57.2% - Industry AVG
IR MEDIA GROUP LIMITED financials
Ir Media Group Limited's latest turnover from March 2024 is estimated at £2.8 million and the company has net assets of £388.8 thousand. According to their latest financial statements, Ir Media Group Limited has 32 employees and maintains cash reserves of £649.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,116,138 | 2,716,244 | 3,067,797 | 2,689,445 | 2,469,193 | 2,526,133 | 3,128,496 | 2,456,957 | 2,953,819 | 3,211,304 | 3,365,413 | ||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 1,175,765 | 1,139,505 | 1,290,817 | 1,148,483 | 992,764 | 1,051,143 | 1,337,376 | 1,041,900 | 1,209,053 | 1,252,846 | 1,488,829 | ||||
| Gross Profit | 1,940,373 | 1,576,739 | 1,776,980 | 1,540,962 | 1,476,429 | 1,474,990 | 1,791,120 | 1,415,057 | 1,744,766 | 1,958,458 | 1,876,584 | ||||
| Admin Expenses | 1,826,381 | 1,939,349 | 2,035,304 | 1,692,693 | 1,726,290 | 1,788,869 | 1,705,755 | 1,749,746 | 1,733,073 | 1,830,237 | 2,118,191 | ||||
| Operating Profit | 113,992 | -362,610 | -258,324 | -151,731 | -249,861 | -313,879 | 85,365 | -334,689 | 11,693 | 128,221 | -241,607 | ||||
| Interest Payable | 4,197 | 11,198 | |||||||||||||
| Interest Receivable | 23 | 10 | 102 | 24 | 30 | 127 | 259 | 284 | |||||||
| Pre-Tax Profit | 114,015 | -262,610 | -258,324 | -151,721 | -249,759 | -313,855 | 85,395 | -334,562 | 11,952 | 124,308 | -251,950 | ||||
| Tax | -8,474 | -1,796 | -6,715 | -13,128 | -1,851 | 7,169 | -13,644 | 37,947 | -39,322 | -21,872 | -2,439 | ||||
| Profit After Tax | 105,541 | -264,406 | -265,039 | -164,849 | -251,610 | -306,686 | 71,751 | -296,615 | -27,370 | 102,436 | -254,389 | ||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 105,541 | -264,406 | -265,039 | -164,849 | -251,610 | -306,686 | 71,751 | -296,615 | -27,370 | 102,436 | -254,389 | ||||
| Employee Costs | 2,373,788 | 1,834,021 | 1,701,412 | 1,574,217 | 1,458,887 | 1,505,082 | 1,523,098 | 1,298,952 | 1,250,286 | 1,260,081 | 1,350,653 | 1,339,591 | 1,243,041 | 1,122,922 | 1,521,855 |
| Number Of Employees | 32 | 32 | 32 | 29 | 20 | 25 | 27 | 21 | 25 | 22 | 25 | 27 | 27 | 23 | 37 |
| EBITDA* | 151,976 | -336,277 | -240,003 | -142,247 | -218,060 | -300,864 | 112,148 | -305,090 | 32,466 | 151,913 | -207,989 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 55,443 | 89,246 | 66,652 | 33,406 | 45,122 | 31,419 | 39,046 | 11,004 | 16,071 | 28,985 | 18,065 | 42,778 | 59,283 | 28,654 | 30,835 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 55,443 | 89,246 | 66,652 | 33,406 | 45,122 | 31,419 | 39,046 | 11,004 | 16,071 | 28,985 | 18,065 | 42,778 | 59,283 | 28,654 | 30,835 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 381,751 | 358,434 | 321,029 | 320,154 | 223,480 | 208,115 | 329,766 | 224,428 | 278,903 | 451,925 | 521,969 | 497,299 | 358,287 | 306,727 | 261,406 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 406,848 | 226,542 | 169,312 | 226,706 | 145,317 | 114,557 | 158,348 | 145,509 | 118,585 | 117,337 | 202,618 | 272,270 | 137,044 | 144,399 | 210,183 |
| Cash | 649,331 | 486,022 | 444,755 | 112,421 | 85,477 | 86,530 | 15,273 | 27,440 | 80,596 | 287,073 | 229,185 | 187,660 | 448,505 | 437,361 | 418,229 |
| misc current assets | |||||||||||||||
| total current assets | 1,437,930 | 1,070,998 | 935,096 | 659,281 | 454,274 | 409,202 | 503,387 | 397,377 | 478,084 | 856,335 | 953,772 | 957,229 | 943,836 | 888,487 | 889,818 |
| total assets | 1,493,373 | 1,160,244 | 1,001,748 | 692,687 | 499,396 | 440,621 | 542,433 | 408,381 | 494,155 | 885,320 | 971,837 | 1,000,007 | 1,003,119 | 917,141 | 920,653 |
| Bank overdraft | 10,440 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 86,728 | 72,859 | 45,248 | 54,997 | 78,103 | 47,317 | 157,869 | 113,838 | 32,751 | 145,328 | 117,312 | 161,620 | 58,054 | 115,388 | 324,862 |
| Group/Directors Accounts | 60,000 | ||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 1,017,811 | 469,663 | 630,386 | 586,281 | 633,020 | 1,060,584 | 1,157,438 | 808,788 | 719,312 | 838,679 | 719,412 | 732,644 | 527,802 | 403,646 | 848,237 |
| total current liabilities | 1,104,539 | 542,522 | 675,634 | 641,278 | 711,123 | 1,107,901 | 1,315,307 | 922,626 | 822,503 | 984,007 | 836,724 | 894,264 | 585,856 | 519,034 | 1,173,099 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 1,104,539 | 542,522 | 675,634 | 641,278 | 711,123 | 1,107,901 | 1,315,307 | 922,626 | 822,503 | 984,007 | 836,724 | 894,264 | 585,856 | 519,034 | 1,173,099 |
| net assets | 388,834 | 617,722 | 326,114 | 51,409 | -211,727 | -667,280 | -772,874 | -514,245 | -328,348 | -98,687 | 135,113 | 105,743 | 417,263 | 398,107 | -252,446 |
| total shareholders funds | 388,834 | 617,722 | 326,114 | 51,409 | -211,727 | -667,280 | -772,874 | -514,245 | -328,348 | -98,687 | 135,113 | 105,743 | 417,263 | 398,107 | -252,446 |
| Mar 2024 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 113,992 | -362,610 | -258,324 | -151,731 | -249,861 | -313,879 | 85,365 | -334,689 | 11,693 | 128,221 | -241,607 | ||||
| Depreciation | 65,383 | 31,808 | 32,094 | 37,984 | 26,333 | 18,321 | 9,484 | 31,801 | 13,015 | 26,783 | 29,599 | 20,773 | 23,692 | 33,618 | |
| Amortisation | |||||||||||||||
| Tax | -8,474 | -1,796 | -6,715 | -13,128 | -1,851 | 7,169 | -13,644 | 37,947 | -39,322 | -21,872 | -2,439 | ||||
| Stock | |||||||||||||||
| Debtors | 788,599 | 94,635 | -56,519 | 178,063 | 46,125 | -165,442 | 118,177 | -27,551 | -171,774 | -155,325 | -44,982 | 274,238 | 44,205 | -20,463 | 471,589 |
| Creditors | 86,728 | 27,611 | -9,749 | -23,106 | 30,786 | -110,552 | 44,031 | 81,087 | -112,577 | 28,016 | -44,308 | 103,566 | -57,334 | -209,474 | 324,862 |
| Accruals and Deferred Income | 1,017,811 | -160,723 | 44,105 | -46,739 | -427,564 | -96,854 | 348,650 | 89,476 | -119,367 | 119,267 | -13,232 | 204,842 | 124,156 | -444,591 | 848,237 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -299,401 | 27,786 | 42,739 | -280,081 | 8,913 | 85,946 | -232,973 | 15,761 | -503,561 | 491,082 | |||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -60,000 | 60,000 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 23 | 10 | 102 | 24 | 30 | 127 | 259 | -3,913 | -11,198 | ||||||
| cash flow from financing | 350,035 | 370,000 | 6,410 | -81,038 | 82,051 | 72,910 | -42,351 | -14,778 | 46,785 | 544,204 | -9,255 | ||||
| cash and cash equivalents | |||||||||||||||
| cash | 649,331 | 41,267 | 332,334 | 26,944 | -1,053 | 71,257 | -12,167 | -53,156 | -206,477 | 57,888 | 41,525 | -260,845 | 11,144 | 19,132 | 418,229 |
| overdraft | -10,440 | 10,440 | |||||||||||||
| change in cash | 649,331 | 41,267 | 332,334 | 26,944 | -1,053 | 71,257 | -12,167 | -42,716 | -216,917 | 57,888 | 41,525 | -260,845 | 11,144 | 19,132 | 418,229 |
ir media group limited Credit Report and Business Information
Ir Media Group Limited Competitor Analysis
Perform a competitor analysis for ir media group limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in EC3N area or any other competitors across 12 key performance metrics.
ir media group limited Ownership
IR MEDIA GROUP LIMITED group structure
Ir Media Group Limited has 2 subsidiary companies.
Ultimate parent company
IR MEDIA GROUP LIMITED
03724289
2 subsidiaries
ir media group limited directors
Ir Media Group Limited currently has 3 directors. The longest serving directors include Mr Christopher Mills (Mar 1999) and Mr Charles Mills (Apr 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Mills | 72 years | Mar 1999 | - | Director | |
| Mr Charles Mills | England | 36 years | Apr 2019 | - | Director |
| Mrs Gargi Iyer | United Kingdom | 39 years | Apr 2024 | - | Director |
P&L
March 2024turnover
2.8m
0%
operating profit
-2m
0%
gross margin
47.7%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
388.8k
0%
total assets
1.5m
0%
cash
649.3k
0%
net assets
Total assets minus all liabilities
ir media group limited company details
company number
03724289
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
58190 - Other publishing activities
incorporation date
February 1999
age
26
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
cross border limited (July 2015)
cross-border publishing limited (December 2005)
accountant
BLICK ROTHENBERG LIMITED
auditor
-
address
6 lloyd's avenue, london, EC3N 3AX
Bank
ALLIED IRISH BANK
Legal Advisor
-
ir media group 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 3 charges/mortgages relating to ir media group limited. Currently there are 0 open charges and 3 have been satisfied in the past.
ir media group limited 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 IR MEDIA GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
ir media group limited Companies House Filings - See Documents
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