evening standard limited
evening standard limited Company Information
Company Number
06770098
Next Accounts
Jul 2025
Shareholders
lebedev holdings ltd
daily mail & general holdings ltd
View AllGroup Structure
View All
Industry
Publishing of newspapers
Registered Address
alphabeta 14-18 finsbury square, london, EC2A 1AH
Website
http://standard.co.ukevening standard limited Estimated Valuation
Pomanda estimates the enterprise value of EVENING STANDARD LIMITED at £9.4m based on a Turnover of £26.8m and 0.35x industry multiple (adjusted for size and gross margin).
evening standard limited Estimated Valuation
Pomanda estimates the enterprise value of EVENING STANDARD LIMITED at £0 based on an EBITDA of £-18m and a 2.07x industry multiple (adjusted for size and gross margin).
evening standard limited Estimated Valuation
Pomanda estimates the enterprise value of EVENING STANDARD LIMITED at £0 based on Net Assets of £-19m and 1.79x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Evening Standard Limited Overview
Evening Standard Limited is a live company located in london, EC2A 1AH with a Companies House number of 06770098. It operates in the publishing of newspapers sector, SIC Code 58130. Founded in December 2008, it's largest shareholder is lebedev holdings ltd with a 94.1% stake. Evening Standard Limited is a established, large sized company, Pomanda has estimated its turnover at £26.8m with declining growth in recent years.
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Evening Standard Limited Health Check
Pomanda's financial health check has awarded Evening Standard Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
7 Weak
Size
annual sales of £26.8m, make it larger than the average company (£4.7m)
£26.8m - Evening Standard Limited
£4.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (-2%)
-15% - Evening Standard Limited
-2% - Industry AVG
Production
with a gross margin of -7.7%, this company has a higher cost of product (41.6%)
-7.7% - Evening Standard Limited
41.6% - Industry AVG
Profitability
an operating margin of -68.6% make it less profitable than the average company (0.6%)
-68.6% - Evening Standard Limited
0.6% - Industry AVG
Employees
with 228 employees, this is above the industry average (100)
228 - Evening Standard Limited
100 - Industry AVG
Pay Structure
on an average salary of £68.1k, the company has a higher pay structure (£44.5k)
£68.1k - Evening Standard Limited
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £117.6k, this is equally as efficient (£108.2k)
£117.6k - Evening Standard Limited
£108.2k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is later than average (41 days)
59 days - Evening Standard Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 86 days, this is slower than average (41 days)
86 days - Evening Standard Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (8 days)
3 days - Evening Standard Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (21 weeks)
1 weeks - Evening Standard Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 274.1%, this is a higher level of debt than the average (55.3%)
274.1% - Evening Standard Limited
55.3% - Industry AVG
EVENING STANDARD LIMITED financials
Evening Standard Limited's latest turnover from October 2023 is £26.8 million and the company has net assets of -£19 million. According to their latest financial statements, Evening Standard Limited has 228 employees and maintains cash reserves of £291 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Oct 2017 | Oct 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 26,808,000 | 31,611,000 | 28,067,000 | 44,066,000 | 64,031,000 | 65,403,000 | 63,897,000 | 71,155,000 | 71,255,000 | 62,909,000 | 57,864,000 | 58,198,000 | 52,509,000 | 40,157,000 | 22,360,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 28,872,000 | 28,472,000 | 23,607,000 | 34,644,000 | 53,685,000 | 52,777,000 | 53,317,000 | 52,372,000 | 60,670,000 | ||||||
| Gross Profit | -2,064,000 | 3,139,000 | 4,460,000 | 9,422,000 | 10,346,000 | 12,626,000 | 10,580,000 | 18,783,000 | 10,585,000 | ||||||
| Admin Expenses | 16,324,000 | 17,136,000 | 16,307,000 | 24,102,000 | 21,709,000 | 22,134,000 | 20,564,000 | 16,586,000 | 7,331,000 | ||||||
| Operating Profit | -18,388,000 | -13,997,000 | -11,847,000 | -14,680,000 | -11,363,000 | -9,508,000 | -9,984,000 | 2,197,000 | 3,254,000 | 1,083,000 | 1,751,000 | 82,000 | -7,546,000 | -18,515,000 | -27,708,000 |
| Interest Payable | 2,219,000 | 2,395,000 | 2,547,000 | 2,503,000 | 2,300,000 | 2,074,000 | 1,817,000 | 1,731,000 | 27,000 | 1,405,000 | 1,755,000 | 614,000 | |||
| Interest Receivable | 25,000 | 29,000 | 17,000 | 21,000 | 51,000 | 1,888,000 | 12,000 | 9,000 | 9,000 | 13,000 | 11,000 | 22,000 | |||
| Pre-Tax Profit | -20,607,000 | -16,392,000 | -14,394,000 | -17,158,000 | -13,634,000 | -11,565,000 | -11,780,000 | 517,000 | 1,393,000 | 1,095,000 | 1,760,000 | 91,000 | -8,938,000 | -20,259,000 | -28,300,000 |
| Tax | -3,501,000 | 2,567,000 | -251,000 | 1,171,000 | |||||||||||
| Profit After Tax | -20,607,000 | -16,392,000 | -14,394,000 | -17,158,000 | -13,634,000 | -11,565,000 | -11,780,000 | -2,984,000 | 3,960,000 | 844,000 | 2,931,000 | 91,000 | -8,938,000 | -20,259,000 | -28,300,000 |
| Dividends Paid | |||||||||||||||
| Retained Profit | -20,607,000 | -16,392,000 | -14,394,000 | -17,158,000 | -13,634,000 | -11,565,000 | -11,780,000 | -2,984,000 | 3,960,000 | 844,000 | 2,931,000 | 91,000 | -8,938,000 | -20,259,000 | -28,300,000 |
| Employee Costs | 15,527,000 | 15,317,000 | 16,149,000 | 21,082,000 | 24,443,000 | 22,627,000 | 21,746,000 | 20,809,000 | 21,532,000 | 19,455,000 | 17,860,000 | 17,540,000 | 17,225,000 | 17,527,000 | 12,335,000 |
| Number Of Employees | 228 | 221 | 236 | 320 | 378 | 357 | 323 | 285 | 281 | 260 | 244 | 234 | 231 | 259 | 346 |
| EBITDA* | -18,033,000 | -13,538,000 | -11,300,000 | -14,134,000 | -10,888,000 | -9,077,000 | -9,704,000 | 2,353,000 | 3,347,000 | 1,176,000 | 1,828,000 | 167,000 | -7,438,000 | -18,248,000 | -27,326,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Oct 2017 | Oct 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 792,000 | 210,000 | 772,000 | 1,071,000 | 1,494,000 | 1,433,000 | 1,078,000 | 397,000 | 168,000 | 207,000 | 226,000 | 294,000 | 300,000 | 378,000 | 703,000 |
| Intangible Assets | 427,000 | ||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1,219,000 | 210,000 | 772,000 | 1,071,000 | 1,494,000 | 1,433,000 | 1,078,000 | 397,000 | 168,000 | 207,000 | 226,000 | 294,000 | 300,000 | 378,000 | 703,000 |
| Stock & work in progress | 268,000 | 237,000 | 387,000 | 416,000 | 258,000 | 372,000 | 80,000 | 128,000 | 301,000 | 55,000 | 68,000 | 79,000 | |||
| Trade Debtors | 4,373,000 | 5,817,000 | 5,969,000 | 4,674,000 | 10,509,000 | 11,921,000 | 11,441,000 | 13,945,000 | 14,336,000 | 14,399,000 | 11,351,000 | 9,494,000 | 6,135,000 | 5,508,000 | 3,554,000 |
| Group Debtors | 344,000 | 780,000 | 283,000 | 124,000 | 467,000 | 527,000 | 424,000 | 938,000 | 1,156,000 | 769,000 | 597,000 | 99,000 | 60,000 | 12,000 | |
| Misc Debtors | 4,772,000 | 7,571,000 | 3,504,000 | 4,967,000 | 5,764,000 | 5,349,000 | 2,973,000 | 4,237,000 | 8,848,000 | 3,065,000 | 8,468,000 | 7,005,000 | 1,200,000 | 1,124,000 | 2,178,000 |
| Cash | 291,000 | 72,000 | 1,497,000 | 6,069,000 | 3,703,000 | 6,510,000 | 3,454,000 | 10,141,000 | 11,947,000 | 6,562,000 | 5,604,000 | 3,719,000 | 6,247,000 | 4,602,000 | 3,596,000 |
| misc current assets | |||||||||||||||
| total current assets | 9,704,000 | 14,041,000 | 12,137,000 | 16,409,000 | 20,358,000 | 24,619,000 | 18,475,000 | 28,875,000 | 36,370,000 | 25,237,000 | 26,260,000 | 20,894,000 | 13,681,000 | 11,294,000 | 9,340,000 |
| total assets | 10,923,000 | 14,251,000 | 12,909,000 | 17,480,000 | 21,852,000 | 26,052,000 | 19,553,000 | 29,272,000 | 36,538,000 | 25,444,000 | 26,486,000 | 21,188,000 | 13,981,000 | 11,672,000 | 10,043,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 6,875,000 | 6,760,000 | 7,697,000 | 2,667,000 | 2,938,000 | 6,163,000 | 3,748,000 | 5,143,000 | 1,562,000 | 2,855,000 | 3,215,000 | 1,428,000 | 2,685,000 | 836,000 | 1,408,000 |
| Group/Directors Accounts | 332,000 | 504,000 | 75,000 | 80,000 | 40,000 | 363,000 | 202,000 | ||||||||
| other short term finances | 5,500,000 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 5,564,000 | 9,298,000 | 5,724,000 | 7,276,000 | 9,707,000 | 8,274,000 | 7,852,000 | 7,040,000 | 9,691,000 | 5,838,000 | 9,519,000 | 9,878,000 | 9,070,000 | 6,495,000 | 6,952,000 |
| total current liabilities | 12,771,000 | 16,562,000 | 13,496,000 | 10,023,000 | 12,685,000 | 14,800,000 | 11,802,000 | 12,183,000 | 16,753,000 | 8,693,000 | 12,734,000 | 11,306,000 | 11,755,000 | 7,331,000 | 8,360,000 |
| loans | 16,161,000 | 9,529,000 | 23,373,000 | 13,460,000 | 27,820,000 | 25,537,000 | 38,154,000 | 36,337,000 | 34,299,000 | 50,150,000 | 50,150,000 | 50,150,000 | 44,150,000 | 42,243,000 | 20,614,000 |
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 1,005,000 | 3,361,000 | 5,038,000 | 10,223,000 | 9,278,000 | 10,028,000 | 10,036,000 | 9,411,000 | 10,854,000 | 8,168,000 | 6,013,000 | 5,074,000 | 3,509,000 | 2,368,000 | 1,080,000 |
| total long term liabilities | 17,166,000 | 12,890,000 | 28,411,000 | 23,683,000 | 37,098,000 | 35,565,000 | 48,190,000 | 45,748,000 | 45,153,000 | 58,318,000 | 56,163,000 | 55,224,000 | 47,659,000 | 44,611,000 | 21,694,000 |
| total liabilities | 29,937,000 | 29,452,000 | 41,907,000 | 33,706,000 | 49,783,000 | 50,365,000 | 59,992,000 | 57,931,000 | 61,906,000 | 67,011,000 | 68,897,000 | 66,530,000 | 59,414,000 | 51,942,000 | 30,054,000 |
| net assets | -19,014,000 | -15,201,000 | -28,998,000 | -16,226,000 | -27,931,000 | -24,313,000 | -40,439,000 | -28,659,000 | -25,368,000 | -41,567,000 | -42,411,000 | -45,342,000 | -45,433,000 | -40,270,000 | -20,011,000 |
| total shareholders funds | -19,014,000 | -15,201,000 | -28,998,000 | -16,226,000 | -27,931,000 | -24,313,000 | -40,439,000 | -28,659,000 | -25,368,000 | -41,567,000 | -42,411,000 | -45,342,000 | -45,433,000 | -40,270,000 | -20,011,000 |
| Oct 2023 | Oct 2022 | Oct 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Oct 2017 | Oct 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -18,388,000 | -13,997,000 | -11,847,000 | -14,680,000 | -11,363,000 | -9,508,000 | -9,984,000 | 2,197,000 | 3,254,000 | 1,083,000 | 1,751,000 | 82,000 | -7,546,000 | -18,515,000 | -27,708,000 |
| Depreciation | 283,000 | 459,000 | 547,000 | 546,000 | 475,000 | 431,000 | 280,000 | 156,000 | 93,000 | 93,000 | 77,000 | 85,000 | 108,000 | 267,000 | 382,000 |
| Amortisation | 72,000 | ||||||||||||||
| Tax | -3,501,000 | 2,567,000 | -251,000 | 1,171,000 | |||||||||||
| Stock | 31,000 | -150,000 | -29,000 | 158,000 | -114,000 | 292,000 | -48,000 | -173,000 | 246,000 | -13,000 | -11,000 | 79,000 | |||
| Debtors | -4,587,000 | 3,479,000 | 329,000 | -6,473,000 | -1,340,000 | 2,796,000 | -3,665,000 | -5,516,000 | 5,502,000 | -1,968,000 | 3,492,000 | 9,662,000 | 742,000 | 948,000 | 5,744,000 |
| Creditors | 115,000 | -937,000 | 5,030,000 | -271,000 | -3,225,000 | 2,415,000 | -1,395,000 | 3,581,000 | -1,293,000 | -360,000 | 1,787,000 | -1,257,000 | 1,849,000 | -572,000 | 1,408,000 |
| Accruals and Deferred Income | -3,734,000 | 3,574,000 | -1,552,000 | -2,431,000 | 1,433,000 | 422,000 | 812,000 | -2,651,000 | 3,853,000 | -3,681,000 | -359,000 | 808,000 | 2,575,000 | -457,000 | 6,952,000 |
| Deferred Taxes & Provisions | -2,356,000 | -1,677,000 | -5,185,000 | 945,000 | -750,000 | -8,000 | 625,000 | -1,443,000 | 2,686,000 | 2,155,000 | 939,000 | 1,565,000 | 1,141,000 | 1,288,000 | 1,080,000 |
| Cash flow from operations | -19,452,000 | -15,907,000 | -13,307,000 | -9,576,000 | -11,976,000 | -9,336,000 | -5,949,000 | 4,028,000 | 5,412,000 | 1,020,000 | 1,885,000 | -8,458,000 | -2,615,000 | -18,937,000 | -23,630,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | -786,000 | -961,000 | -385,000 | -52,000 | -74,000 | -9,000 | -75,000 | -29,000 | 15,000 | -14,000 | |||||
| Change in Investments | |||||||||||||||
| cash flow from investments | -786,000 | -961,000 | -385,000 | -52,000 | -74,000 | -9,000 | -75,000 | -29,000 | 15,000 | -14,000 | |||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -172,000 | 429,000 | -5,000 | 40,000 | -323,000 | 161,000 | 202,000 | ||||||||
| Other Short Term Loans | -5,500,000 | 5,500,000 | |||||||||||||
| Long term loans | 6,632,000 | -13,844,000 | 9,913,000 | -14,360,000 | 2,283,000 | -12,617,000 | 1,817,000 | 2,038,000 | -15,851,000 | 6,000,000 | 1,907,000 | 21,629,000 | 20,614,000 | ||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -2,219,000 | -2,395,000 | -2,547,000 | -2,478,000 | -2,271,000 | -2,057,000 | -1,796,000 | -1,680,000 | 1,861,000 | 12,000 | 9,000 | 9,000 | -1,392,000 | -1,744,000 | -592,000 |
| cash flow from financing | 21,035,000 | 14,379,000 | 8,983,000 | 12,065,000 | 9,705,000 | 13,178,000 | 223,000 | -5,449,000 | 3,749,000 | 12,000 | 9,000 | 6,009,000 | 4,290,000 | 19,885,000 | 28,311,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 219,000 | -1,425,000 | -4,572,000 | 2,366,000 | -2,807,000 | 3,056,000 | -6,687,000 | -1,806,000 | 5,385,000 | 958,000 | 1,885,000 | -2,528,000 | 1,645,000 | 1,006,000 | 3,596,000 |
| overdraft | |||||||||||||||
| change in cash | 219,000 | -1,425,000 | -4,572,000 | 2,366,000 | -2,807,000 | 3,056,000 | -6,687,000 | -1,806,000 | 5,385,000 | 958,000 | 1,885,000 | -2,528,000 | 1,645,000 | 1,006,000 | 3,596,000 |
evening standard limited Credit Report and Business Information
Evening Standard Limited Competitor Analysis
Perform a competitor analysis for evening standard limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in EC2A area or any other competitors across 12 key performance metrics.
evening standard limited Ownership
EVENING STANDARD LIMITED group structure
Evening Standard Limited has 2 subsidiary companies.
Ultimate parent company
1 parent
EVENING STANDARD LIMITED
06770098
2 subsidiaries
evening standard limited directors
Evening Standard Limited currently has 3 directors. The longest serving directors include Evgeny Lebedev (Feb 2017) and Mr Vijay Vaghela (Nov 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Evgeny Lebedev | England | 44 years | Feb 2017 | - | Director |
| Mr Vijay Vaghela | United Kingdom | 58 years | Nov 2024 | - | Director |
| Mr Clinton Cowley | United States | 46 years | Nov 2024 | - | Director |
P&L
October 2023turnover
26.8m
-15%
operating profit
-18.4m
+31%
gross margin
-7.6%
-177.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-19m
+0.25%
total assets
10.9m
-0.23%
cash
291k
+3.04%
net assets
Total assets minus all liabilities
evening standard limited company details
company number
06770098
Type
Private limited with Share Capital
industry
58130 - Publishing of newspapers
incorporation date
December 2008
age
17
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
October 2023
previous names
evening press limited (January 2009)
accountant
-
auditor
HAYSMACINTYRE LLP
address
alphabeta 14-18 finsbury square, london, EC2A 1AH
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
evening standard 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 evening standard limited.
evening standard limited Capital Raised & Share Issues BETA
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evening standard limited Companies House Filings - See Documents
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