rhizome media group limited
rhizome media group limited Company Information
Company Number
05213621
Website
http://rhizomemedia.coRegistered Address
c/o bficient 16 caxton way, watford, hertfordshire, WD18 8UA
Industry
Public relations and communication activities
Telephone
-
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
dominic james hiatt 51%
jonathan alexander stevens 34%
View Allrhizome media group limited Estimated Valuation
Pomanda estimates the enterprise value of RHIZOME MEDIA GROUP LIMITED at £1.3m based on a Turnover of £1.2m and 1.09x industry multiple (adjusted for size and gross margin).
rhizome media group limited Estimated Valuation
Pomanda estimates the enterprise value of RHIZOME MEDIA GROUP LIMITED at £3.6m based on an EBITDA of £540k and a 6.75x industry multiple (adjusted for size and gross margin).
rhizome media group limited Estimated Valuation
Pomanda estimates the enterprise value of RHIZOME MEDIA GROUP LIMITED at £9.2k based on Net Assets of £3.5k and 2.66x industry multiple (adjusted for liquidity).
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Rhizome Media Group Limited Overview
Rhizome Media Group Limited is a live company located in hertfordshire, WD18 8UA with a Companies House number of 05213621. It operates in the public relations and communications activities sector, SIC Code 70210. Founded in August 2004, it's largest shareholder is dominic james hiatt with a 51% stake. Rhizome Media Group Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.2m with declining growth in recent years.
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Rhizome Media Group Limited Health Check
Pomanda's financial health check has awarded Rhizome Media Group Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£2.8m)
£1.2m - Rhizome Media Group Limited
£2.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (8.7%)
-1% - Rhizome Media Group Limited
8.7% - Industry AVG
Production
with a gross margin of 98.3%, this company has a lower cost of product (68%)
98.3% - Rhizome Media Group Limited
68% - Industry AVG
Profitability
an operating margin of 46.7% make it more profitable than the average company (10%)
46.7% - Rhizome Media Group Limited
10% - Industry AVG
Employees
with 10 employees, this is below the industry average (25)
10 - Rhizome Media Group Limited
25 - Industry AVG
Pay Structure
on an average salary of £64.4k, the company has an equivalent pay structure (£64.4k)
- Rhizome Media Group Limited
£64.4k - Industry AVG
Efficiency
resulting in sales per employee of £115.1k, this is equally as efficient (£132.8k)
£115.1k - Rhizome Media Group Limited
£132.8k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is earlier than average (62 days)
32 days - Rhizome Media Group Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 78 days, this is slower than average (38 days)
78 days - Rhizome Media Group Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Rhizome Media Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (26 weeks)
6 weeks - Rhizome Media Group Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.6%, this is a higher level of debt than the average (60.2%)
98.6% - Rhizome Media Group Limited
60.2% - Industry AVG
RHIZOME MEDIA GROUP LIMITED financials
Rhizome Media Group Limited's latest turnover from August 2023 is £1.2 million and the company has net assets of £3.5 thousand. According to their latest financial statements, Rhizome Media Group Limited has 10 employees and maintains cash reserves of £27.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,150,637 | 1,241,667 | 1,058,267 | 1,174,420 | 1,349,197 | ||||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | ||||||||||
| Cost Of Sales | 19,616 | 27,078 | 24,045 | 35,056 | 43,438 | ||||||||||
| Gross Profit | 1,131,021 | 1,214,589 | 1,034,222 | 1,139,364 | 1,305,759 | ||||||||||
| Admin Expenses | 593,962 | 592,786 | 545,520 | 662,850 | 748,458 | ||||||||||
| Operating Profit | 537,059 | 621,803 | 488,702 | 476,514 | 557,301 | ||||||||||
| Interest Payable | 6,067 | 7,584 | 7,909 | 1,883 | 1,404 | ||||||||||
| Interest Receivable | 198 | 5 | 43 | 21 | 22 | ||||||||||
| Pre-Tax Profit | 531,190 | 614,224 | 480,836 | 474,652 | 555,919 | ||||||||||
| Tax | -111,148 | -118,324 | -91,862 | -91,329 | -107,190 | ||||||||||
| Profit After Tax | 420,042 | 495,900 | 388,974 | 383,323 | 448,729 | ||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | ||||||||||
| Retained Profit | 420,042 | 495,900 | 388,974 | 383,323 | 448,729 | ||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 10 | 11 | 10 | 10 | 12 | 12 | 7 | 4 | |||||||
| EBITDA* | 539,962 | 625,749 | 495,206 | 647,079 | 729,567 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,955 | 5,143 | 4,453 | 10,957 | 16,421 | 21,951 | 25,469 | 4,594 | 4,525 | 5,321 | 5,905 | 4,879 | 6,041 | 1,149 | 872 |
| Intangible Assets | 0 | 0 | 0 | 0 | 162,111 | 324,223 | 494,669 | 21,667 | 35,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 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 | 0 |
| Total Fixed Assets | 5,955 | 5,143 | 4,453 | 10,957 | 178,532 | 346,174 | 520,138 | 26,261 | 39,525 | 5,321 | 5,905 | 4,879 | 6,041 | 1,149 | 872 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 102,710 | 140,740 | 158,880 | 127,080 | 154,369 | 98,676 | 107,838 | 423,825 | 128,619 | 127,588 | 67,118 | 40,010 | 80,272 | 50,113 | 41,993 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 109,293 | 88,492 | 87,404 | 85,923 | 85,423 | 35,452 | 29,208 | 23,066 | 145,165 | 2,557 | 0 | 0 | 0 | 0 | 0 |
| Cash | 27,178 | 82,820 | 138,118 | 123,578 | 156,714 | 168,321 | 123,986 | 73,322 | 74,467 | 70,000 | 60,559 | 78,489 | 58,327 | 51,565 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 239,181 | 312,052 | 384,402 | 336,581 | 396,506 | 302,449 | 261,032 | 520,213 | 348,251 | 200,145 | 127,677 | 118,499 | 138,599 | 101,678 | 41,993 |
| total assets | 245,136 | 317,195 | 388,855 | 347,538 | 575,038 | 648,623 | 781,170 | 546,474 | 387,776 | 205,466 | 133,582 | 123,378 | 144,640 | 102,827 | 42,865 |
| Bank overdraft | 0 | 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 | 0 |
| Trade Creditors | 4,236 | 11,413 | 46,695 | 14,728 | 11,922 | 2,891 | 11,864 | 5,981 | 204,770 | 193,815 | 127,868 | 100,330 | 121,199 | 77,564 | 32,726 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 12,144 | 7,240 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 22,739 | 17,093 | 17,093 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 1,742 | 2,986 | 2,986 | 2,986 | 2,986 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 176,208 | 220,400 | 229,507 | 200,172 | 231,924 | 353,754 | 214,229 | 209,329 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 203,183 | 248,906 | 295,037 | 217,886 | 246,832 | 371,775 | 236,319 | 215,310 | 204,770 | 193,815 | 127,868 | 100,330 | 121,199 | 77,564 | 32,726 |
| loans | 37,363 | 64,418 | 81,410 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 1,742 | 4,728 | 7,715 | 10,701 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 12,862 | 166,888 | 87,091 | 235,124 | 185,904 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 112,378 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 1,131 | 978 | 484 | 1,098 | 1,514 | 1,943 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 38,494 | 65,396 | 81,894 | 65,702 | 173,130 | 96,749 | 245,825 | 185,904 | 112,378 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 241,677 | 314,302 | 376,931 | 283,588 | 419,962 | 468,524 | 482,144 | 401,214 | 317,148 | 193,815 | 127,868 | 100,330 | 121,199 | 77,564 | 32,726 |
| net assets | 3,459 | 2,893 | 11,924 | 63,950 | 155,076 | 180,099 | 299,026 | 145,260 | 70,628 | 11,651 | 5,714 | 23,048 | 23,441 | 25,263 | 10,139 |
| total shareholders funds | 3,459 | 2,893 | 11,924 | 63,950 | 155,076 | 180,099 | 299,026 | 145,260 | 70,628 | 11,651 | 5,714 | 23,048 | 23,441 | 25,263 | 10,139 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 537,059 | 621,803 | 488,702 | 476,514 | 557,301 | ||||||||||
| Depreciation | 2,903 | 3,946 | 6,504 | 8,454 | 10,154 | 9,881 | 4,781 | 3,771 | 5,000 | 3,006 | 1,968 | 1,580 | 1,003 | 1,966 | 1,406 |
| Amortisation | 0 | 0 | 0 | 162,111 | 162,112 | 170,446 | 13,333 | 13,333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -111,148 | -118,324 | -91,862 | -91,329 | -107,190 | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -17,229 | -17,052 | 33,281 | -26,789 | 105,664 | -2,918 | -309,845 | 173,107 | 143,639 | 63,027 | 27,108 | -40,262 | 30,159 | 8,120 | 41,993 |
| Creditors | -7,177 | -35,282 | 31,967 | 2,806 | 9,031 | -8,973 | 5,883 | -198,789 | 10,955 | 65,947 | 27,538 | -20,869 | 43,635 | 44,838 | 32,726 |
| Accruals and Deferred Income | -44,192 | -9,107 | 16,473 | -185,778 | -42,033 | -8,508 | 54,120 | 395,233 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 153 | 494 | -614 | -416 | -429 | 1,943 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 394,827 | 480,582 | 417,889 | 399,151 | 483,282 | ||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 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 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -12,144 | 4,904 | 7,240 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 5,646 | 0 | 17,093 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -27,055 | -16,992 | 31,410 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | -1,742 | -2,986 | -2,986 | -2,987 | -2,986 | 13,687 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -112,378 | 112,378 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -5,869 | -7,579 | -7,866 | -1,862 | -1,382 | ||||||||||
| cash flow from financing | -446,754 | -531,244 | -403,349 | -429,297 | -490,265 | ||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -55,642 | -55,298 | 14,540 | -33,136 | -11,607 | 44,335 | 50,664 | -1,145 | 4,467 | 9,441 | -17,930 | 20,162 | 6,762 | 51,565 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -55,642 | -55,298 | 14,540 | -33,136 | -11,607 | 44,335 | 50,664 | -1,145 | 4,467 | 9,441 | -17,930 | 20,162 | 6,762 | 51,565 | 0 |
rhizome media group limited Credit Report and Business Information
Rhizome Media Group Limited Competitor Analysis
Perform a competitor analysis for rhizome media group limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in WD18 area or any other competitors across 12 key performance metrics.
rhizome media group limited Ownership
RHIZOME MEDIA GROUP LIMITED group structure
Rhizome Media Group Limited has no subsidiary companies.
Ultimate parent company
RHIZOME MEDIA GROUP LIMITED
05213621
rhizome media group limited directors
Rhizome Media Group Limited currently has 2 directors. The longest serving directors include Mr Dominic Hiatt (Aug 2004) and Mr Jonathan Stevens (Sep 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dominic Hiatt | England | 51 years | Aug 2004 | - | Director |
| Mr Jonathan Stevens | England | 54 years | Sep 2009 | - | Director |
P&L
August 2023turnover
1.2m
-7%
operating profit
537.1k
-14%
gross margin
98.3%
+0.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
3.5k
+0.2%
total assets
245.1k
-0.23%
cash
27.2k
-0.67%
net assets
Total assets minus all liabilities
rhizome media group limited company details
company number
05213621
Type
Private limited with Share Capital
industry
70210 - Public relations and communication activities
incorporation date
August 2004
age
20
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
rhizome media limited (March 2021)
rhizome pr limited (January 2016)
last accounts submitted
August 2023
address
c/o bficient 16 caxton way, watford, hertfordshire, WD18 8UA
accountant
BFICIENT LIMITED
auditor
-
rhizome 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 did not find charges/mortgages relating to rhizome media group limited.
rhizome media group limited Companies House Filings - See Documents
| date | description | view/download |
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