Scan Magazine Limited

POWER SEARCH PRICING

SOLUTIONS

scan magazine limited Company Information

Live

EstablishedSmallDeclining

Company Number

06579237

Next Accounts

Jan 2025

Industry

Other publishing activities

Directors

Thomas Winther

Mads Petersen

Shareholders

scan group holding limited

Group Structure

View All

Contact

Registered Address

3rd floor news building, 3 london bridge street, london, SE1 9SG

Website

www.scanmagazine.co.uk

scan magazine limited Estimated Valuation

£343.7k

Pomanda estimates the enterprise value of SCAN MAGAZINE LIMITED at £343.7k based on a Turnover of £546.1k and 0.63x industry multiple (adjusted for size and gross margin).

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Scan Magazine Limited is a live company located in london, SE1 9SG with a Companies House number of 06579237. It operates in the other publishing activities sector, SIC Code 58190. Founded in April 2008, it's largest shareholder is scan group holding limited with a 100% stake. Scan Magazine Limited is a established, small sized company, Pomanda has estimated its turnover at £546.1k with declining growth in recent years.

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Pomanda's financial health check has awarded Scan Magazine 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

Health Rating1.5out of 5

1 Strong

3 Regular

7 Weak

Size

annual sales of £546.1k, make it smaller than the average company (£1.9m)

Growth

3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (3.8%)

EXPORT

Scan Magazine Limited's latest turnover from April 2023 is estimated at £546.1 thousand and the company has net assets of -£154.2 thousand. According to their latest financial statements, we estimate that Scan Magazine Limited has 5 employees and maintains cash reserves of £44.8 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Turnover	546,076	351,827	265,147	665,674	1,062,825	866,209	714,017	837,254	1,312,715	743,852	776,723	468,430	571,270	209,416
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	236,138	141,082	111,754	291,480	445,828	368,121	287,817	350,249	549,868	322,282	357,754	213,482	276,423	102,562
Gross Profit	309,938	210,744	153,393	374,194	616,997	498,088	426,200	487,006	762,847	421,570	418,969	254,948	294,847	106,855
Admin Expenses	289,160	344,202	275,832	375,453	523,989	625,015	385,450	423,316	735,448	330,327	422,484	255,271	289,028	106,574
Operating Profit	20,778	-133,458	-122,439	-1,259	93,008	-126,927	40,750	63,690	27,399	91,243	-3,515	-323	5,819	281
Interest Payable	22,196	16,982	7,976	223	1,962	2,116	446	0	0	0	0	0	0	0
Interest Receivable	3,905	1,278	174	87	490	520	251	299	232	187	16	4	1	1
Pre-Tax Profit	2,488	-149,162	-130,241	-1,395	91,536	-128,523	40,556	63,989	27,631	91,429	-3,499	-319	5,820	282
Tax	-622	0	0	0	-17,392	0	-7,706	-12,798	-5,526	-19,200	0	0	-1,513	-79
Profit After Tax	1,866	-149,162	-130,241	-1,395	74,144	-128,523	32,850	51,191	22,105	72,229	-3,499	-319	4,307	203
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	1,866	-149,162	-130,241	-1,395	74,144	-128,523	32,850	51,191	22,105	72,229	-3,499	-319	4,307	203
Employee Costs	266,065	145,239	242,659	458,921	371,086	590,419	545,347	356,708	517,097	294,288	282,521	194,937	231,091	69,620
Number Of Employees	5	3	5	10	8	13	12	8	12	7	7	5	6	2
EBITDA*	21,131	-131,107	-120,257	741	95,008	-121,296	47,782	69,331	30,514	94,434	-1,277	969	6,985	475

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Tangible Assets	520	873	2,547	4,000	6,000	8,000	4,329	5,725	9,454	9,651	6,814	3,877	3,498	580
Intangible Assets	0	0	0	0	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	520	873	2,547	4,000	6,000	8,000	4,329	5,725	9,454	9,651	6,814	3,877	3,498	580
Stock & work in progress	0	0	0	0	0	0	0	0	0	7,574	0	0	0	0
Trade Debtors	79,391	52,860	18,454	70,097	197,148	75,537	74,327	142,921	209,253	115,702	105,015	74,695	89,146	33,490
Group Debtors	106,500	28,500	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	82,898	82,440	141,361	97,624	123,922	43,210	36,258	63,406	0	0	50,335	55,353	0	0
Cash	44,848	138,925	201,866	146,403	27,097	103,579	104,463	96,509	22,965	69,744	4,886	1,642	0	364
misc current assets	0	0	0	0	0	0	80,080	0	0	0	0	0	0	0
total current assets	313,637	302,725	361,681	314,124	348,167	222,326	295,128	302,836	232,218	193,020	160,236	131,690	89,146	33,854
total assets	314,157	303,598	364,228	318,124	354,167	230,326	299,457	308,561	241,672	202,671	167,050	135,567	92,644	34,434
Bank overdraft	66,364	50,000	11,501	0	7,302	50,836	14,266	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	96,534	66,486	20,380	50,622	111,878	63,656	23,835	48,067	146,644	129,748	166,356	131,374	88,132	34,229
Group/Directors Accounts	79,646	94,006	0	0	0	0	0	0	0	0	0	0	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	100,802	57,547	89,293	144,207	110,297	54,788	82,287	114,275	0	0	0	0	0	0
total current liabilities	343,346	268,039	121,174	194,829	229,477	169,280	120,388	162,342	146,644	129,748	166,356	131,374	88,132	34,229
loans	125,053	191,667	250,000	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	10,500	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	125,053	191,667	250,000	0	0	10,500	0	0	0	0	0	0	0	0
total liabilities	468,399	459,706	371,174	194,829	229,477	179,780	120,388	162,342	146,644	129,748	166,356	131,374	88,132	34,229
net assets	-154,242	-156,108	-6,946	123,295	124,690	50,546	179,069	146,219	95,028	72,923	694	4,193	4,512	205
total shareholders funds	-154,242	-156,108	-6,946	123,295	124,690	50,546	179,069	146,219	95,028	72,923	694	4,193	4,512	205

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Operating Activities
Operating Profit	20,778	-133,458	-122,439	-1,259	93,008	-126,927	40,750	63,690	27,399	91,243	-3,515	-323	5,819	281
Depreciation	353	2,351	2,182	2,000	2,000	5,631	7,032	5,641	3,115	3,191	2,238	1,292	1,166	194
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-622	0	0	0	-17,392	0	-7,706	-12,798	-5,526	-19,200	0	0	-1,513	-79
Stock	0	0	0	0	0	0	0	0	-7,574	7,574	0	0	0	0
Debtors	104,989	3,985	-7,906	-153,349	202,323	8,162	-95,742	-2,926	93,551	-39,648	25,302	40,902	55,656	33,490
Creditors	30,048	46,106	-30,242	-61,256	48,222	39,821	-24,232	-98,577	16,896	-36,608	34,982	43,242	53,903	34,229
Accruals and Deferred Income	43,255	-31,746	-54,914	33,910	55,509	-27,499	-31,988	114,275	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-11,177	-120,732	-197,507	126,744	-20,976	-117,136	79,598	75,157	-44,093	70,700	8,403	3,309	3,719	1,135
Investing Activities
capital expenditure	0	-677	-729	0	0	-9,302	-5,636	-1,912	-2,918	-6,028	-5,175	-1,671	-4,084	-774
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	-677	-729	0	0	-9,302	-5,636	-1,912	-2,918	-6,028	-5,175	-1,671	-4,084	-774
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	-14,360	94,006	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-66,614	-58,333	250,000	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	-10,500	10,500	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	2
interest	-18,291	-15,704	-7,802	-136	-1,472	-1,596	-195	299	232	187	16	4	1	1
cash flow from financing	-99,265	19,969	242,198	-136	-11,972	8,904	-195	299	232	187	16	4	1	3
cash and cash equivalents
cash	-94,077	-62,941	55,463	119,306	-76,482	-884	7,954	73,544	-46,779	64,858	3,244	1,642	-364	364
overdraft	16,364	38,499	11,501	-7,302	-43,534	36,570	14,266	0	0	0	0	0	0	0
change in cash	-110,441	-101,440	43,962	126,608	-32,948	-37,454	-6,312	73,544	-46,779	64,858	3,244	1,642	-364	364

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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SCAN MAGAZINE LIMITED group structure

Scan Magazine Limited has no subsidiary companies.

Ultimate parent company

SCAN GROUP HOLDING LIMITED

05543305

1 parent

SCAN MAGAZINE LIMITED

06579237

SCAN MAGAZINE LIMITED Shareholders

scan group holding limited

100%

Scan Magazine Limited currently has 2 directors. The longest serving directors include Mr Thomas Winther (Apr 2008) and Mr Mads Petersen (Apr 2008).

officer	country	age	start	end	role
Mr Thomas Winther	United Kingdom	46 years	Apr 2008	-	Director
Mr Mads Petersen	United Kingdom	49 years	Apr 2008	-	Director

P&L

April 2023

turnover

546.1k

+55%

operating profit

20.8k

gross margin

56.8%

-5.25%

turnover

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

Balance Sheet

April 2023

net assets

-154.2k

-0.01%

total assets

314.2k

+0.03%

cash

44.8k

-0.68%

net assets

Total assets minus all liabilities

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company number

06579237

Type

Private limited with Share Capital

industry

58190 - Other publishing activities

incorporation date

April 2008

ultimate parent company

SCAN GROUP HOLDING LIMITED

previous names

N/A

address

3rd floor news building, 3 london bridge street, london, SE1 9SG

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scan magazine limited Company Information

scan magazine limited Estimated Valuation

scan magazine limited Estimated Valuation

scan magazine limited Estimated Valuation

Scan Magazine Limited Overview

Scan Magazine Limited Health Check

SCAN MAGAZINE LIMITED financials

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