britasia tv network ltd

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britasia tv network ltd Company Information

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Company Number

05293090

Registered Address

158 broad street, birmingham, B15 1DT

Industry

Television programme production activities

 

Telephone

01212724815

Next Accounts Due

August 2024

Group Structure

View All

Directors

Dasmesh Shergill7 Years

Shareholders

avanter holdings limited 100%

britasia tv network ltd Estimated Valuation

£3.2m

Pomanda estimates the enterprise value of BRITASIA TV NETWORK LTD at £3.2m based on a Turnover of £4.6m and 0.71x industry multiple (adjusted for size and gross margin).

britasia tv network ltd Estimated Valuation

£286.1k

Pomanda estimates the enterprise value of BRITASIA TV NETWORK LTD at £286.1k based on an EBITDA of £74.4k and a 3.85x industry multiple (adjusted for size and gross margin).

britasia tv network ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of BRITASIA TV NETWORK LTD at £0 based on Net Assets of £-213.2k and 1.37x industry multiple (adjusted for liquidity).

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Britasia Tv Network Ltd Overview

Britasia Tv Network Ltd is a live company located in birmingham, B15 1DT with a Companies House number of 05293090. It operates in the television programme production activities sector, SIC Code 59113. Founded in November 2004, it's largest shareholder is avanter holdings limited with a 100% stake. Britasia Tv Network Ltd is a mature, small sized company, Pomanda has estimated its turnover at £4.6m with high growth in recent years.

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Britasia Tv Network Ltd Health Check

Pomanda's financial health check has awarded Britasia Tv Network Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £4.6m, make it in line with the average company (£4.5m)

£4.6m - Britasia Tv Network Ltd

£4.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (2.2%)

28% - Britasia Tv Network Ltd

2.2% - Industry AVG

production

Production

with a gross margin of -21.9%, this company has a higher cost of product (11.8%)

-21.9% - Britasia Tv Network Ltd

11.8% - Industry AVG

profitability

Profitability

an operating margin of 1.6% make it less profitable than the average company (2.7%)

1.6% - Britasia Tv Network Ltd

2.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (14)

2 - Britasia Tv Network Ltd

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £64.4k, the company has an equivalent pay structure (£64.4k)

£64.4k - Britasia Tv Network Ltd

£64.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £2.3m, this is more efficient (£328k)

£2.3m - Britasia Tv Network Ltd

£328k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 44 days, this is later than average (27 days)

44 days - Britasia Tv Network Ltd

27 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 52 days, this is slower than average (6 days)

52 days - Britasia Tv Network Ltd

6 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Britasia Tv Network Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (10 weeks)

2 weeks - Britasia Tv Network Ltd

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 135.1%, this is a higher level of debt than the average (95.2%)

135.1% - Britasia Tv Network Ltd

95.2% - Industry AVG

BRITASIA TV NETWORK LTD financials

EXPORTms excel logo

Britasia Tv Network Ltd's latest turnover from November 2022 is estimated at £4.6 million and the company has net assets of -£213.2 thousand. According to their latest financial statements, Britasia Tv Network Ltd has 2 employees and maintains cash reserves of £40.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Turnover4,557,2554,183,1095,290,1262,158,6931,103,276938,223271,103219,3450301,989730,201780,1451,163,178819,137
Other Income Or Grants00000000000000
Cost Of Sales5,554,1685,051,8566,344,2452,610,6121,191,4261,026,072265,420206,4450247,405588,430623,129935,514638,822
Gross Profit-996,913-868,747-1,054,120-451,919-88,149-87,8485,68412,900054,584141,771157,016227,664180,315
Admin Expenses-1,067,480-922,759-1,116,157-386,642132,915187,58598,526-95,407-142,908-79,13234,394360,449212,183352,081
Operating Profit70,56754,01262,037-65,277-221,064-275,433-92,842108,307142,908133,716107,377-203,43315,481-171,766
Interest Payable1,561609082912802625,8725,87200000
Interest Receivable730505374241041285629055146
Pre-Tax Profit69,73653,45362,090-65,210-221,331-275,609-93,103102,463137,093133,744107,377-203,42815,532-171,720
Tax-13,250-10,156-11,7970000-20,492-27,418-28,086-24,6970-4,0380
Profit After Tax56,48643,29750,293-65,210-221,331-275,609-93,10381,970109,674105,65882,680-203,42811,494-171,720
Dividends Paid00000000000000
Retained Profit56,48643,29750,293-65,210-221,331-275,609-93,10381,970109,674105,65882,680-203,42811,494-171,720
Employee Costs128,707189,586179,602174,662217,410259,754248,73050,899051,761108,781113,884160,778108,774
Number Of Employees23334551012232
EBITDA*74,40957,54866,156-60,385-218,346-268,638-90,928110,766142,908135,716107,377-191,52627,775-156,726

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Tangible Assets15,36814,14016,47619,57024,46227,1807,6557,3799,8389,83811,8384,51815,87728,171
Intangible Assets00000000000000
Investments & Other00000000000020
Debtors (Due After 1 year)0000000094,18800000
Total Fixed Assets15,36814,14016,47619,57024,46227,1807,6557,379104,0269,83811,8384,51815,87928,171
Stock & work in progress00000000000000
Trade Debtors551,928616,683499,045409,380245,80333,24210,44034,878059,221111,37067,438126,79580,273
Group Debtors00000000000000
Misc Debtors000151,083206,301327,844327,8440000000
Cash40,8017,89691,63913,8915,91940,8895499311,00511,518002,01018,499
misc current assets00000000000000
total current assets592,729624,579590,684574,354458,023401,97565,92334,97111,00570,739111,37067,438128,80598,772
total assets608,097638,719607,160593,924482,485429,15573,57842,350115,03180,577123,20871,956144,684126,943
Bank overdraft00002272278,3880000000
Bank loan5,9106,588000000000000
Trade Creditors 800,688881,896890,681299,975195,814288,78043,8070023,675103,058238,915290,786277,629
Group/Directors Accounts00081900026,020000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities000656,444584,548492,530492,5300000000
total current liabilities806,598888,484890,681957,238780,589781,537150,35126,020023,675103,058238,915290,786277,629
loans8,82713,371000000180,67100000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities5,9106,58829,500000000232,216301,122196,69314,12221,032
provisions00000000000000
total long term liabilities14,73719,95929,50000000180,671232,216301,122196,69314,12221,032
total liabilities821,335908,443920,181957,238780,589781,537150,35126,020180,671255,891404,180435,608304,908298,661
net assets-213,238-269,724-313,021-363,314-298,104-352,382-76,77316,330-65,640-175,314-280,972-363,652-160,224-171,718
total shareholders funds-213,238-269,724-313,021-363,314-298,104-352,382-76,77316,330-65,640-175,314-280,972-363,652-160,224-171,718
Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit70,56754,01262,037-65,277-221,064-275,433-92,842108,307142,908133,716107,377-203,43315,481-171,766
Depreciation3,8423,5364,1194,8922,7186,7951,9142,45902,000011,90712,29415,040
Amortisation00000000000000
Tax-13,250-10,156-11,7970000-20,492-27,418-28,086-24,6970-4,0380
Stock00000000000000
Debtors-64,755117,638-61,418108,35991,0180326,208-59,31034,967-52,14943,932-59,35746,52280,273
Creditors-81,208-8,785590,706104,161152,007244,97343,8070-23,675-79,383-135,857-51,87113,157277,629
Accruals and Deferred Income00-656,44471,89692,0180492,5300000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations44,706-79,03150,0397,313-65,339-23,665119,201149,58456,84880,396-97,109-184,040-9,62840,630
Investing Activities
capital expenditure-5,070-1,200-1,0250-19,525-26,320-2,190000-7,320-5480-43,211
Change in Investments00000000000-220
cash flow from investments-5,070-1,200-1,0250-19,525-26,320-2,190000-7,320-546-2-43,211
Financing Activities
Bank loans-6786,588000000000000
Group/Directors Accounts00-81981900-26,02026,020000000
Other Short Term Loans 00000000000000
Long term loans-4,54413,37100000-180,671180,67100000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities-678-22,91229,50000000-232,216-68,906104,429182,571-6,91021,032
share issue00000000000002
interest-831-5595366-267-176-261-5,844-5,81629055146
cash flow from financing-6,731-3,51228,734885-267-176-26,281-160,495-57,361-68,877104,429182,576-6,85921,080
cash and cash equivalents
cash32,905-83,74377,7487,9725,37040,340456-10,912-51311,5180-2,010-16,48918,499
overdraft000-227-8,161-8,1618,3880000000
change in cash32,905-83,74377,7488,19913,53148,501-7,932-10,912-51311,5180-2,010-16,48918,499

britasia tv network ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Britasia Tv Network Ltd Competitor Analysis

BETA
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Perform a competitor analysis for britasia tv network ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.

britasia tv network ltd Ownership

BRITASIA TV NETWORK LTD group structure

Britasia Tv Network Ltd has no subsidiary companies.

Ultimate parent company

AVANTER HOLDINGS LTD

#0114572

1 parent

BRITASIA TV NETWORK LTD

05293090

BRITASIA TV NETWORK LTD Shareholders

avanter holdings limited 100%

britasia tv network ltd directors

Britasia Tv Network Ltd currently has 1 director, Mr Dasmesh Shergill serving since Apr 2017.

officercountryagestartendrole
Mr Dasmesh ShergillEngland44 years Apr 2017- Director

P&L

November 2022

turnover

4.6m

+9%

operating profit

70.6k

0%

gross margin

-21.8%

+5.33%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

November 2022

net assets

-213.2k

-0.21%

total assets

608.1k

-0.05%

cash

40.8k

+4.17%

net assets

Total assets minus all liabilities

britasia tv network ltd company details

company number

05293090

Type

Private limited with Share Capital

industry

59113 - Television programme production activities

incorporation date

November 2004

age

20

accounts

Unaudited Abridged

ultimate parent company

AVANTER HOLDINGS LTD

previous names

brit asia tv limited (January 2023)

the sikh channel limited (April 2008)

See more

incorporated

UK

address

158 broad street, birmingham, B15 1DT

last accounts submitted

November 2022

britasia tv network ltd 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 britasia tv network ltd.

charges

britasia tv network ltd Companies House Filings - See Documents

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