Newsmaster Uk Limited

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newsmaster uk limited Company Information

Live

EstablishedMicroDeclining

Company Number

06919914

Website

Registered Address

461 porters avenue, dagenham, RM9 4ND

Industry

Retail sale in non-specialised stores with food, beverages or tobacco predominating

Telephone

Next Accounts Due

March 2025

Group Structure

View All

Directors

Ramesh Patel15 Years

Harshikaben Patel15 Years

Shareholders

ramesh patel 51%

harshikaben patel 49%

newsmaster uk limited Estimated Valuation

£76.9k

Pomanda estimates the enterprise value of NEWSMASTER UK LIMITED at £76.9k based on a Turnover of £310.9k and 0.25x industry multiple (adjusted for size and gross margin).

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Newsmaster Uk Limited is a live company located in dagenham, RM9 4ND with a Companies House number of 06919914. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in June 2009, it's largest shareholder is ramesh patel with a 51% stake. Newsmaster Uk Limited is a established, micro sized company, Pomanda has estimated its turnover at £310.9k with declining growth in recent years.

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Pomanda's financial health check has awarded Newsmaster Uk Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

2 Strong

1 Regular

7 Weak

Size

annual sales of £310.9k, make it smaller than the average company (£1m)

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (6.2%)

EXPORT

Newsmaster Uk Limited's latest turnover from June 2023 is estimated at £310.9 thousand and the company has net assets of -£145. According to their latest financial statements, Newsmaster Uk Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Turnover	310,904	296,991	293,257	335,654	419,665	570,063	163,592	159,627	308,762	340,808	318,821	334,692	298,541	383,553
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	261,541	247,545	249,884	279,763	353,801	481,707	135,895	133,637	258,477	286,832	267,680	280,272	248,299	321,197
Gross Profit	49,363	49,446	43,373	55,892	65,864	88,357	27,698	25,990	50,285	53,976	51,141	54,420	50,242	62,356
Admin Expenses	51,618	51,218	42,098	44,776	70,103	89,911	30,464	31,881	46,429	50,607	49,938	55,917	55,718	50,954
Operating Profit	-2,255	-1,772	1,275	11,116	-4,239	-1,554	-2,766	-5,891	3,856	3,369	1,203	-1,497	-5,476	11,402
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	11	13	52	75	65	75	75	49	23
Pre-Tax Profit	-2,255	-1,772	1,275	11,116	-4,239	-1,543	-2,753	-5,839	3,931	3,434	1,278	-1,422	-5,427	11,425
Tax	0	0	-242	-2,112	0	0	0	0	-786	-721	-294	0	0	-3,199
Profit After Tax	-2,255	-1,772	1,033	9,004	-4,239	-1,543	-2,753	-5,839	3,145	2,713	984	-1,422	-5,427	8,226
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-2,255	-1,772	1,033	9,004	-4,239	-1,543	-2,753	-5,839	3,145	2,713	984	-1,422	-5,427	8,226
Employee Costs	30,432	29,912	28,696	27,993	27,790	56,058	25,968	26,386	38,975	39,287	25,027	36,093	36,377	36,136
Number Of Employees	2	2	2	2	2	4	2	2	3	3	2	3	3	3
EBITDA*	-2,255	-1,772	1,275	11,116	-4,239	-1,554	258	-2,760	7,119	6,791	4,822	2,143	-1,575	15,630

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Tangible Assets	17,140	19,886	22,676	25,518	27,504	30,520	3,496	4,023	4,657	5,424	6,349	6,213	7,356	8,760
Intangible Assets	0	0	0	0	0	0	29,960	32,457	34,954	37,450	39,947	42,444	44,941	47,438
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	17,140	19,886	22,676	25,518	27,504	30,520	33,456	36,480	39,611	42,874	46,296	48,657	52,297	56,198
Stock & work in progress	0	0	0	0	0	0	35,114	33,615	34,512	29,250	25,870	19,250	15,482	14,616
Trade Debtors	40,751	42,707	42,555	42,164	43,816	43,892	0	0	754	1,083	224	1,916	2,150	9,838
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	3,848	124	3,795	3,936	77	0	0	745	0	0	0	0	0	0
Cash	0	0	0	0	0	0	4,402	5,959	14,781	15,287	10,603	19,198	10,710	9,004
misc current assets	0	0	0	0	0	75	0	0	0	0	0	0	0	0
total current assets	44,599	42,831	46,350	46,100	43,893	43,967	39,516	40,319	50,047	45,620	36,697	40,364	28,342	33,458
total assets	61,739	62,717	69,026	71,618	71,397	74,487	72,972	76,799	89,658	88,494	82,993	89,021	80,639	89,656
Bank overdraft	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
Trade Creditors	61,884	60,607	65,144	68,769	77,552	76,403	876	1,171	81,339	83,320	80,532	87,544	77,740	81,330
Group/Directors Accounts	0	0	0	0	0	0	71,162	71,795	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	0	0	0	0	0	0	1,207	1,353	0	0	0	0	0	0
total current liabilities	61,884	60,607	65,144	68,769	77,552	76,403	73,245	74,319	81,339	83,320	80,532	87,544	77,740	81,330
loans	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
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	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total liabilities	61,884	60,607	65,144	68,769	77,552	76,403	73,245	74,319	81,339	83,320	80,532	87,544	77,740	81,330
net assets	-145	2,110	3,882	2,849	-6,155	-1,916	-273	2,480	8,319	5,174	2,461	1,477	2,899	8,326
total shareholders funds	-145	2,110	3,882	2,849	-6,155	-1,916	-273	2,480	8,319	5,174	2,461	1,477	2,899	8,326

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Operating Activities
Operating Profit	-2,255	-1,772	1,275	11,116	-4,239	-1,554	-2,766	-5,891	3,856	3,369	1,203	-1,497	-5,476	11,402
Depreciation	0	0	0	0	0	0	527	634	767	925	1,122	1,143	1,404	1,731
Amortisation	0	0	0	0	0	0	2,497	2,497	2,496	2,497	2,497	2,497	2,497	2,497
Tax	0	0	-242	-2,112	0	0	0	0	-786	-721	-294	0	0	-3,199
Stock	0	0	0	0	0	-35,114	1,499	-897	5,262	3,380	6,620	3,768	866	14,616
Debtors	1,768	-3,519	250	2,207	1	43,892	-745	-9	-329	859	-1,692	-234	-7,688	9,838
Creditors	1,277	-4,537	-3,625	-8,783	1,149	75,527	-295	-80,168	-1,981	2,788	-7,012	9,804	-3,590	81,330
Accruals and Deferred Income	0	0	0	0	0	-1,207	-146	1,353	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	-2,746	-2,790	-2,842	-1,986	-3,091	63,988	-937	-80,669	-581	4,619	-7,412	8,413	1,657	69,307
Investing Activities
capital expenditure	2,746	2,790	2,842	1,986	3,016	2,936	0	0	0	0	-1,258	0	0	-60,426
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	2,746	2,790	2,842	1,986	3,016	2,936	0	0	0	0	-1,258	0	0	-60,426
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	-71,162	-633	71,795	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	0	0	0	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	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	-100	0	0	0	0	0	0	0	100
interest	0	0	0	0	0	11	13	52	75	65	75	75	49	23
cash flow from financing	0	0	0	0	0	-71,251	-620	71,847	75	65	75	75	49	123
cash and cash equivalents
cash	0	0	0	0	0	-4,402	-1,557	-8,822	-506	4,684	-8,595	8,488	1,706	9,004
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	-4,402	-1,557	-8,822	-506	4,684	-8,595	8,488	1,706	9,004

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for newsmaster uk limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in RM9 area or any other competitors across 12 key performance metrics.

NEWSMASTER UK LIMITED group structure

Newsmaster Uk Limited has no subsidiary companies.

Ultimate parent company

NEWSMASTER UK LIMITED

06919914

NEWSMASTER UK LIMITED Shareholders

ramesh patel	51%
harshikaben patel	49%

Newsmaster Uk Limited currently has 2 directors. The longest serving directors include Mr Ramesh Patel (Jun 2009) and Harshikaben Patel (Jun 2009).

officer	country	age	start	end	role
Mr Ramesh Patel		62 years	Jun 2009	-	Director
Harshikaben Patel		53 years	Jun 2009	-	Director

P&L

June 2023

turnover

310.9k

+5%

operating profit

-2.3k

gross margin

15.9%

-4.63%

turnover

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

Balance Sheet

June 2023

net assets

-145

-1.07%

total assets

61.7k

-0.02%

cash

net assets

Total assets minus all liabilities

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company number

06919914

Type

Private limited with Share Capital

industry

47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating

incorporation date

June 2009

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

June 2023

address

461 porters avenue, dagenham, RM9 4ND

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 newsmaster uk limited.

newsmaster uk limited Company Information

newsmaster uk limited Estimated Valuation

newsmaster uk limited Estimated Valuation

newsmaster uk limited Estimated Valuation

Newsmaster Uk Limited Overview

Newsmaster Uk Limited Health Check

NEWSMASTER UK LIMITED financials

newsmaster uk limited Credit Report and Business Information

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newsmaster uk limited Ownership

newsmaster uk limited directors

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newsmaster uk limited Companies House Filings - See Documents