ocean media (bidco) limited Company Information
Company Number
09818494
Next Accounts
Sep 2025
Shareholders
ocean media (topco) limited
Group Structure
View All
Industry
Activities of head offices
Registered Address
suite 6.04 exchange tower harbou, suite 6.04 exchange tower, london, E14 9GE
Website
lonsdalepartners.comocean media (bidco) limited Estimated Valuation
Pomanda estimates the enterprise value of OCEAN MEDIA (BIDCO) LIMITED at £514.3k based on a Turnover of £507k and 1.01x industry multiple (adjusted for size and gross margin).
ocean media (bidco) limited Estimated Valuation
Pomanda estimates the enterprise value of OCEAN MEDIA (BIDCO) LIMITED at £187.1k based on an EBITDA of £24k and a 7.8x industry multiple (adjusted for size and gross margin).
ocean media (bidco) limited Estimated Valuation
Pomanda estimates the enterprise value of OCEAN MEDIA (BIDCO) LIMITED at £0 based on Net Assets of £-2.9m and 2.14x industry multiple (adjusted for liquidity).
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Ocean Media (bidco) Limited Overview
Ocean Media (bidco) Limited is a live company located in london, E14 9GE with a Companies House number of 09818494. It operates in the activities of head offices sector, SIC Code 70100. Founded in October 2015, it's largest shareholder is ocean media (topco) limited with a 100% stake. Ocean Media (bidco) Limited is a established, small sized company, Pomanda has estimated its turnover at £507k with unknown growth in recent years.
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Ocean Media (bidco) Limited Health Check
Pomanda's financial health check has awarded Ocean Media (Bidco) Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
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1 Strong
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1 Regular
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4 Weak
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Size
annual sales of £507k, make it smaller than the average company (£20.3m)
£507k - Ocean Media (bidco) Limited
£20.3m - Industry AVG
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Growth
There is insufficient data available for this Key Performance Indicator!
- Ocean Media (bidco) Limited
- - Industry AVG
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Production
with a gross margin of 100%, this company has a lower cost of product (33.7%)
100% - Ocean Media (bidco) Limited
33.7% - Industry AVG
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Profitability
an operating margin of 4.7% make it as profitable than the average company (5.8%)
4.7% - Ocean Media (bidco) Limited
5.8% - Industry AVG
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Employees
with 4 employees, this is below the industry average (110)
4 - Ocean Media (bidco) Limited
110 - Industry AVG
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Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Ocean Media (bidco) Limited
- - Industry AVG
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Efficiency
resulting in sales per employee of £126.8k, this is less efficient (£205.3k)
£126.8k - Ocean Media (bidco) Limited
£205.3k - Industry AVG
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Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Ocean Media (bidco) Limited
- - Industry AVG
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Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Ocean Media (bidco) Limited
- - Industry AVG
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Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ocean Media (bidco) Limited
- - Industry AVG
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Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ocean Media (bidco) Limited
- - Industry AVG
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Debt Level
it has a ratio of liabilities to total assets of 117.7%, this is a higher level of debt than the average (55.6%)
117.7% - Ocean Media (bidco) Limited
55.6% - Industry AVG
OCEAN MEDIA (BIDCO) LIMITED financials
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Ocean Media (Bidco) Limited's latest turnover from December 2023 is £507 thousand and the company has net assets of -£2.9 million. According to their latest financial statements, Ocean Media (Bidco) Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jan 2017 | |
---|---|---|---|---|---|---|---|---|
Turnover | 507,000 | 453,000 | ||||||
Other Income Or Grants | ||||||||
Cost Of Sales | ||||||||
Gross Profit | 507,000 | 453,000 | ||||||
Admin Expenses | 483,000 | 286,000 | -5,293,000 | |||||
Operating Profit | 24,000 | 167,000 | 5,293,000 | |||||
Interest Payable | 435,000 | 588,000 | 1,152,000 | 1,446,000 | 1,153,000 | 1,262,000 | 1,118,000 | 1,273,000 |
Interest Receivable | 2,000 | 19,000 | 31,000 | |||||
Pre-Tax Profit | -411,000 | -421,000 | 4,141,000 | -1,446,000 | -1,151,000 | -1,243,000 | -1,087,000 | -1,273,000 |
Tax | -1,000 | -9,000 | -21,000 | |||||
Profit After Tax | -412,000 | -421,000 | 4,141,000 | -1,446,000 | -1,160,000 | -1,264,000 | -1,087,000 | -1,273,000 |
Dividends Paid | ||||||||
Retained Profit | -412,000 | -421,000 | 4,141,000 | -1,446,000 | -1,160,000 | -1,264,000 | -1,087,000 | -1,273,000 |
Employee Costs | ||||||||
Number Of Employees | 4 | 4 | 4 | 6 | ||||
EBITDA* | 24,000 | 167,000 | 5,293,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jan 2017 | |
---|---|---|---|---|---|---|---|---|
Tangible Assets | ||||||||
Intangible Assets | 16,103,000 | 16,103,000 | 16,103,000 | |||||
Investments & Other | 16,103,000 | 16,103,000 | 16,103,000 | 16,103,000 | 16,103,000 | |||
Debtors (Due After 1 year) | 3,321,000 | 942,000 | 924,000 | |||||
Total Fixed Assets | 16,103,000 | 16,103,000 | 16,103,000 | 16,103,000 | 16,103,000 | 19,424,000 | 17,045,000 | 17,027,000 |
Stock & work in progress | ||||||||
Trade Debtors | ||||||||
Group Debtors | 942,000 | |||||||
Misc Debtors | 60,000 | |||||||
Cash | ||||||||
misc current assets | 107,000 | |||||||
total current assets | 60,000 | 107,000 | 942,000 | |||||
total assets | 16,163,000 | 16,103,000 | 16,210,000 | 16,103,000 | 16,103,000 | 19,424,000 | 17,045,000 | 17,969,000 |
Bank overdraft | ||||||||
Bank loan | 1,569,000 | 2,600,000 | 2,185,000 | 6,967,000 | 1,800,000 | 1,700,000 | 1,550,000 | |
Trade Creditors | ||||||||
Group/Directors Accounts | 16,031,000 | 11,975,000 | 10,044,000 | 63,000 | 2,812,000 | 4,854,000 | 2,861,000 | 2,863,000 |
other short term finances | ||||||||
hp & lease commitments | ||||||||
other current liabilities | 2,000 | 18,000 | 27,000 | 14,000 | ||||
total current liabilities | 17,602,000 | 14,575,000 | 10,044,000 | 2,266,000 | 9,779,000 | 6,681,000 | 4,575,000 | 4,413,000 |
loans | 1,425,000 | 3,980,000 | 8,194,000 | 20,006,000 | 11,047,000 | 16,306,000 | 14,769,000 | 14,768,000 |
hp & lease commitments | ||||||||
Accruals and Deferred Income | ||||||||
other liabilities | ||||||||
provisions | ||||||||
total long term liabilities | 1,425,000 | 3,980,000 | 8,194,000 | 20,006,000 | 11,047,000 | 16,306,000 | 14,769,000 | 14,768,000 |
total liabilities | 19,027,000 | 18,555,000 | 18,238,000 | 22,272,000 | 20,826,000 | 22,987,000 | 19,344,000 | 19,181,000 |
net assets | -2,864,000 | -2,452,000 | -2,028,000 | -6,169,000 | -4,723,000 | -3,563,000 | -2,299,000 | -1,212,000 |
total shareholders funds | -2,864,000 | -2,452,000 | -2,028,000 | -6,169,000 | -4,723,000 | -3,563,000 | -2,299,000 | -1,212,000 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jan 2017 | |
---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||
Operating Profit | 24,000 | 167,000 | 5,293,000 | |||||
Depreciation | ||||||||
Amortisation | ||||||||
Tax | -1,000 | -9,000 | -21,000 | |||||
Stock | ||||||||
Debtors | 60,000 | -3,321,000 | 2,379,000 | 942,000 | 1,866,000 | |||
Creditors | ||||||||
Accruals and Deferred Income | 2,000 | -18,000 | 18,000 | -27,000 | 13,000 | 14,000 | ||
Deferred Taxes & Provisions | ||||||||
Cash flow from operations | -35,000 | 167,000 | 5,275,000 | 18,000 | 3,285,000 | -2,387,000 | -928,000 | -1,866,000 |
Investing Activities | ||||||||
capital expenditure | ||||||||
Change in Investments | -16,103,000 | 16,103,000 | 16,103,000 | |||||
cash flow from investments | ||||||||
Financing Activities | ||||||||
Bank loans | -1,031,000 | 2,600,000 | -2,185,000 | -4,782,000 | 5,167,000 | 100,000 | 1,700,000 | 1,550,000 |
Group/Directors Accounts | 4,056,000 | 1,931,000 | 9,981,000 | -2,749,000 | -2,042,000 | 1,993,000 | 2,861,000 | 2,863,000 |
Other Short Term Loans | ||||||||
Long term loans | -2,555,000 | -4,214,000 | -11,812,000 | 8,959,000 | -5,259,000 | 1,537,000 | 14,769,000 | 14,768,000 |
Hire Purchase and Lease Commitments | ||||||||
other long term liabilities | ||||||||
share issue | ||||||||
interest | -435,000 | -588,000 | -1,152,000 | -1,446,000 | -1,151,000 | -1,243,000 | -1,087,000 | -1,273,000 |
cash flow from financing | 35,000 | -274,000 | -5,168,000 | -18,000 | -3,285,000 | 2,387,000 | 17,031,000 | 17,969,000 |
cash and cash equivalents | ||||||||
cash | ||||||||
overdraft | ||||||||
change in cash |
ocean media (bidco) limited Credit Report and Business Information
Ocean Media (bidco) Limited Competitor Analysis
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Perform a competitor analysis for ocean media (bidco) limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in E14 area or any other competitors across 12 key performance metrics.
ocean media (bidco) limited Ownership
OCEAN MEDIA (BIDCO) LIMITED group structure
Ocean Media (Bidco) Limited has 1 subsidiary company.
Ultimate parent company
2 parents
OCEAN MEDIA (BIDCO) LIMITED
09818494
1 subsidiary
ocean media (bidco) limited directors
Ocean Media (Bidco) Limited currently has 6 directors. The longest serving directors include Mr David Moran (Oct 2015) and Mr Ross Finegan (Apr 2017).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr David Moran | 70 years | Oct 2015 | - | Director | |
Mr Ross Finegan | United Kingdom | 55 years | Apr 2017 | - | Director |
Mr Ross Finegan | Ireland | 55 years | Apr 2017 | - | Director |
Mr Declan Cassidy | England | 57 years | Jan 2020 | - | Director |
Mr Declan Cassidy | England | 57 years | Jan 2020 | - | Director |
Mr Benjamin Evans | United Kingdom | 47 years | Jun 2021 | - | Director |
P&L
December 2023turnover
507k
+12%
operating profit
24k
-86%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-2.9m
+0.17%
total assets
16.2m
0%
cash
0
0%
net assets
Total assets minus all liabilities
ocean media (bidco) limited company details
company number
09818494
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
October 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
suite 6.04 exchange tower harbou, suite 6.04 exchange tower, london, E14 9GE
Bank
SANTANDER UK PLC
Legal Advisor
-
ocean media (bidco) 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 found 7 charges/mortgages relating to ocean media (bidco) limited. Currently there are 6 open charges and 1 have been satisfied in the past.
ocean media (bidco) 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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ocean media (bidco) limited Companies House Filings - See Documents
date | description | view/download |
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