quartz news limited
quartz news limited Company Information
Company Number
08973672
Next Accounts
Jan 2025
Industry
Other business support service activities n.e.c.
Shareholders
quartz media inc
Group Structure
View All
Contact
Registered Address
one glass wharf, bristol, BS2 0ZX
Website
qz.comquartz news limited Estimated Valuation
Pomanda estimates the enterprise value of QUARTZ NEWS LIMITED at £1.8m based on a Turnover of £1.8m and 1.01x industry multiple (adjusted for size and gross margin).
quartz news limited Estimated Valuation
Pomanda estimates the enterprise value of QUARTZ NEWS LIMITED at £0 based on an EBITDA of £-85.8k and a 7.21x industry multiple (adjusted for size and gross margin).
quartz news limited Estimated Valuation
Pomanda estimates the enterprise value of QUARTZ NEWS LIMITED at £1.3m based on Net Assets of £552.8k and 2.37x industry multiple (adjusted for liquidity).
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Quartz News Limited Overview
Quartz News Limited is a dissolved company that was located in bristol, BS2 0ZX with a Companies House number of 08973672. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in April 2014, it's largest shareholder was quartz media inc with a 100% stake. The last turnover for Quartz News Limited was estimated at £1.8m.
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Quartz News Limited Health Check
Pomanda's financial health check has awarded Quartz News Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £1.8m, make it smaller than the average company (£3.1m)
£1.8m - Quartz News Limited
£3.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (3%)
-13% - Quartz News Limited
3% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (37%)
100% - Quartz News Limited
37% - Industry AVG
Profitability
an operating margin of -5% make it less profitable than the average company (5%)
-5% - Quartz News Limited
5% - Industry AVG
Employees
with 15 employees, this is below the industry average (24)
15 - Quartz News Limited
24 - Industry AVG
Pay Structure
on an average salary of £46.4k, the company has an equivalent pay structure (£46.4k)
- Quartz News Limited
£46.4k - Industry AVG
Efficiency
resulting in sales per employee of £120.4k, this is less efficient (£145.3k)
£120.4k - Quartz News Limited
£145.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Quartz News Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Quartz News Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Quartz News Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 809 weeks, this is more cash available to meet short term requirements (23 weeks)
809 weeks - Quartz News Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5.6%, this is a lower level of debt than the average (66%)
5.6% - Quartz News Limited
66% - Industry AVG
QUARTZ NEWS LIMITED financials
Quartz News Limited's latest turnover from December 2020 is £1.8 million and the company has net assets of £552.8 thousand. According to their latest financial statements, Quartz News Limited has 15 employees and maintains cash reserves of £509.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|
| Turnover | 1,805,978 | 3,492,799 | 3,737,205 | 2,744,104 | 1,379,857 | 1,153,179 | 317,679 |
| Other Income Or Grants | 0 | 0 | 0 | ||||
| Cost Of Sales | 0 | 0 | 0 | ||||
| Gross Profit | 1,805,978 | 3,492,799 | 3,737,205 | ||||
| Admin Expenses | 1,895,976 | 3,143,048 | 3,398,909 | ||||
| Operating Profit | -89,998 | 349,751 | 338,296 | 295,672 | 164,657 | 70,664 | |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -89,998 | 349,751 | 338,296 | 295,672 | 164,657 | 70,664 | 28,879 |
| Tax | -6,961 | -75,949 | -69,276 | -61,767 | -54,258 | -5,519 | -6,059 |
| Profit After Tax | -96,959 | 273,802 | 269,020 | 233,905 | 110,399 | 65,145 | 22,820 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -96,959 | 273,802 | 269,020 | 233,905 | 110,399 | 65,145 | 22,820 |
| Employee Costs | 2,330,726 | 1,675,104 | 809,137 | 761,760 | 248,738 | ||
| Number Of Employees | 15 | 26 | 30 | 22 | 10 | 7 | 4 |
| EBITDA* | -85,828 | 356,304 | 344,271 | 298,730 | 164,657 | 70,664 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,659 | 4,773 | 9,869 | 13,319 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,659 | 4,773 | 9,869 | 13,319 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 631,125 | 344,435 | 0 | 0 | 0 | 0 |
| Group Debtors | 21,928 | 0 | 0 | 2,522,969 | 924,467 | 576,001 | 102,596 |
| Misc Debtors | 50,104 | 133,602 | 118,622 | 136,182 | 44,323 | 70,987 | 7,195 |
| Cash | 509,863 | 301,128 | 198,977 | 101,417 | 70,019 | 78,440 | 1,106 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 581,895 | 1,065,855 | 662,034 | 2,760,568 | 1,038,809 | 725,429 | 110,898 |
| total assets | 585,554 | 1,070,628 | 671,903 | 2,773,887 | 1,038,809 | 725,429 | 110,898 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,866 | 47,546 | 7,577 | 8,583 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 2,491,934 | 693,313 | 391,810 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 30,877 | 373,312 | 286,661 | 166,403 | 156,450 | 247,192 | 88,076 |
| total current liabilities | 32,743 | 420,858 | 294,238 | 2,666,920 | 849,763 | 639,002 | 88,076 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 1,697 | 19 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 1,697 | 19 | 0 | 0 | 0 |
| total liabilities | 32,743 | 420,858 | 295,935 | 2,666,939 | 849,763 | 639,002 | 88,076 |
| net assets | 552,811 | 649,770 | 375,968 | 106,948 | 189,046 | 86,427 | 22,822 |
| total shareholders funds | 552,811 | 649,770 | 375,968 | 106,948 | 189,046 | 86,427 | 22,822 |
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -89,998 | 349,751 | 338,296 | 295,672 | 164,657 | 70,664 | |
| Depreciation | 4,170 | 6,553 | 5,975 | 3,058 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -6,961 | -75,949 | -69,276 | -61,767 | -54,258 | -5,519 | -6,059 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -692,695 | 301,670 | -2,196,094 | 1,690,361 | 321,802 | 537,196 | 109,792 |
| Creditors | -45,680 | 39,969 | -1,006 | 8,583 | 0 | 0 | 0 |
| Accruals and Deferred Income | -342,435 | 86,651 | 120,258 | 9,953 | -90,742 | 159,116 | 88,076 |
| Deferred Taxes & Provisions | 0 | -1,697 | 1,678 | 19 | 0 | 0 | 0 |
| Cash flow from operations | 211,791 | 103,608 | 2,592,019 | -1,434,843 | -302,145 | -312,935 | |
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -2,491,934 | 1,798,621 | 301,503 | 391,810 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | -2,491,934 | 1,482,618 | 293,723 | 390,270 | 2 |
| cash and cash equivalents | |||||||
| cash | 208,735 | 102,151 | 97,560 | 31,398 | -8,421 | 77,334 | 1,106 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 208,735 | 102,151 | 97,560 | 31,398 | -8,421 | 77,334 | 1,106 |
quartz news limited Credit Report and Business Information
Quartz News Limited Competitor Analysis
Perform a competitor analysis for quartz news limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in BS2 area or any other competitors across 12 key performance metrics.
quartz news limited Ownership
QUARTZ NEWS LIMITED group structure
Quartz News Limited has no subsidiary companies.
Ultimate parent company
UZABASE INC
#0119352
QUARTZ MEDIA INC
#0119351
2 parents
QUARTZ NEWS LIMITED
08973672
quartz news limited directors
Quartz News Limited currently has 2 directors. The longest serving directors include Mr Zachary Seward (Nov 2020) and Ms Ashley Akbork (Nov 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Zachary Seward | United States | 39 years | Nov 2020 | - | Director |
| Ms Ashley Akbork | United States | 39 years | Nov 2020 | - | Director |
P&L
December 2020turnover
1.8m
-48%
operating profit
-90k
-126%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2020net assets
552.8k
-0.15%
total assets
585.6k
-0.45%
cash
509.9k
+0.69%
net assets
Total assets minus all liabilities
quartz news limited company details
company number
08973672
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
April 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2020
previous names
the atlantic monthly group uk limited (September 2017)
accountant
-
auditor
-
address
one glass wharf, bristol, BS2 0ZX
Bank
-
Legal Advisor
-
quartz news 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 quartz news limited.
quartz news limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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quartz news limited Companies House Filings - See Documents
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