picture news limited
picture news limited Company Information
Company Number
10214248
Next Accounts
Dec 2025
Shareholders
katie harrison
robert harrison
Group Structure
View All
Industry
Educational support activities
Registered Address
24 brookside business park, stone, staffordshire, ST15 0RZ
Website
www.picture-news.co.ukpicture news limited Estimated Valuation
Pomanda estimates the enterprise value of PICTURE NEWS LIMITED at £360.5k based on a Turnover of £551.7k and 0.65x industry multiple (adjusted for size and gross margin).
picture news limited Estimated Valuation
Pomanda estimates the enterprise value of PICTURE NEWS LIMITED at £1.7m based on an EBITDA of £407.6k and a 4.26x industry multiple (adjusted for size and gross margin).
picture news limited Estimated Valuation
Pomanda estimates the enterprise value of PICTURE NEWS LIMITED at £765.6k based on Net Assets of £315.1k and 2.43x industry multiple (adjusted for liquidity).
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Picture News Limited Overview
Picture News Limited is a live company located in staffordshire, ST15 0RZ with a Companies House number of 10214248. It operates in the educational support services sector, SIC Code 85600. Founded in June 2016, it's largest shareholder is katie harrison with a 50% stake. Picture News Limited is a young, small sized company, Pomanda has estimated its turnover at £551.7k with healthy growth in recent years.
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Picture News Limited Health Check
Pomanda's financial health check has awarded Picture News Limited a 4 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
4 Regular
5 Weak
Size
annual sales of £551.7k, make it larger than the average company (£353.5k)
- Picture News Limited
£353.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (7.3%)
- Picture News Limited
7.3% - Industry AVG
Production
with a gross margin of 69.7%, this company has a comparable cost of product (69.7%)
- Picture News Limited
69.7% - Industry AVG
Profitability
an operating margin of 73.2% make it more profitable than the average company (3%)
- Picture News Limited
3% - Industry AVG
Employees
with 6 employees, this is below the industry average (9)
6 - Picture News Limited
9 - Industry AVG
Pay Structure
on an average salary of £27.5k, the company has an equivalent pay structure (£27.5k)
- Picture News Limited
£27.5k - Industry AVG
Efficiency
resulting in sales per employee of £91.9k, this is more efficient (£51.4k)
- Picture News Limited
£51.4k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is later than average (23 days)
- Picture News Limited
23 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (20 days)
- Picture News Limited
20 days - Industry AVG
Stock Days
it holds stock equivalent to 16 days, this is in line with average (20 days)
- Picture News Limited
20 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 22 weeks, this is less cash available to meet short term requirements (96 weeks)
22 weeks - Picture News Limited
96 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40.1%, this is a higher level of debt than the average (31.4%)
40.1% - Picture News Limited
31.4% - Industry AVG
PICTURE NEWS LIMITED financials
Picture News Limited's latest turnover from March 2024 is estimated at £551.7 thousand and the company has net assets of £315.1 thousand. According to their latest financial statements, Picture News Limited has 6 employees and maintains cash reserves of £91.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | ||||||||
| Tax | ||||||||
| Profit After Tax | ||||||||
| Dividends Paid | ||||||||
| Retained Profit | ||||||||
| Employee Costs | ||||||||
| Number Of Employees | 6 | 8 | 8 | 8 | 7 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 14,692 | 14,231 | 11,875 | 13,533 | 14,883 | 4,883 | 1,684 | 2,154 |
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 14,692 | 14,231 | 11,875 | 13,533 | 14,883 | 4,883 | 1,684 | 2,154 |
| Stock & work in progress | 7,500 | 15,430 | 7,500 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 |
| Trade Debtors | 73,225 | 49,254 | 66,569 | 30,414 | 22,092 | 17,204 | 19,606 | |
| Group Debtors | ||||||||
| Misc Debtors | 338,734 | 23 | 2,659 | |||||
| Cash | 91,711 | 69,951 | 30,787 | 45,184 | 21,440 | 4,020 | 3,523 | 1,094 |
| misc current assets | ||||||||
| total current assets | 511,170 | 134,635 | 104,856 | 80,598 | 48,532 | 26,224 | 28,152 | 8,753 |
| total assets | 525,862 | 148,866 | 116,731 | 94,131 | 63,415 | 31,107 | 29,836 | 10,907 |
| Bank overdraft | 3,000 | |||||||
| Bank loan | ||||||||
| Trade Creditors | 2,528 | 7,930 | 100,555 | 76,763 | 10,800 | 7,284 | 4,342 | 3,660 |
| Group/Directors Accounts | 651 | 455 | 13,303 | 26,684 | ||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 205,337 | 129,128 | 38,645 | 18,778 | 7,286 | 510 | ||
| total current liabilities | 207,865 | 137,058 | 100,555 | 76,763 | 53,096 | 26,517 | 24,931 | 30,854 |
| loans | 8,278 | |||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | 2,939 | 2,704 | 2,256 | |||||
| total long term liabilities | 2,939 | 2,704 | 2,256 | 8,278 | ||||
| total liabilities | 210,804 | 139,762 | 102,811 | 76,763 | 61,374 | 26,517 | 24,931 | 30,854 |
| net assets | 315,058 | 9,104 | 13,920 | 17,368 | 2,041 | 4,590 | 4,905 | -19,947 |
| total shareholders funds | 315,058 | 9,104 | 13,920 | 17,368 | 2,041 | 4,590 | 4,905 | -19,947 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 3,908 | 2,123 | 3,133 | 5,164 | 4,430 | 830 | 470 | 196 |
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | -7,930 | 7,930 | 2,500 | 5,000 | ||||
| Debtors | 362,705 | -17,315 | 36,155 | 8,322 | 4,888 | -2,425 | 16,970 | 2,659 |
| Creditors | -5,402 | -92,625 | 23,792 | 65,963 | 3,516 | 2,942 | 682 | 3,660 |
| Accruals and Deferred Income | 76,209 | 129,128 | -38,645 | 19,867 | 11,492 | 6,776 | 510 | |
| Deferred Taxes & Provisions | 235 | 448 | 2,256 | |||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | -651 | 196 | -12,848 | -13,381 | 26,684 | |||
| Other Short Term Loans | ||||||||
| Long term loans | -8,278 | 8,278 | ||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 21,760 | 39,164 | -14,397 | 23,744 | 17,420 | 497 | 2,429 | 1,094 |
| overdraft | -3,000 | 3,000 | ||||||
| change in cash | 21,760 | 39,164 | -14,397 | 26,744 | 14,420 | 497 | 2,429 | 1,094 |
picture news limited Credit Report and Business Information
Picture News Limited Competitor Analysis
Perform a competitor analysis for picture news limited by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in ST15 area or any other competitors across 12 key performance metrics.
picture news limited Ownership
PICTURE NEWS LIMITED group structure
Picture News Limited has no subsidiary companies.
Ultimate parent company
PICTURE NEWS LIMITED
10214248
picture news limited directors
Picture News Limited currently has 2 directors. The longest serving directors include Mr Robert Harrison (Jun 2016) and Mrs Katie Harrison (Jun 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Harrison | England | 40 years | Jun 2016 | - | Director |
| Mrs Katie Harrison | England | 38 years | Jun 2016 | - | Director |
P&L
March 2024turnover
551.7k
+19%
operating profit
403.7k
0%
gross margin
69.7%
+11.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
315.1k
+33.61%
total assets
525.9k
+2.53%
cash
91.7k
+0.31%
net assets
Total assets minus all liabilities
picture news limited company details
company number
10214248
Type
Private limited with Share Capital
industry
85600 - Educational support activities
incorporation date
June 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
24 brookside business park, stone, staffordshire, ST15 0RZ
Bank
-
Legal Advisor
-
picture 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 found 1 charges/mortgages relating to picture news limited. Currently there are 1 open charges and 0 have been satisfied in the past.
picture 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.
Click to start generating capital raising & share issue transactions for PICTURE NEWS LIMITED. This can take several minutes, an email will notify you when this has completed.
picture news limited Companies House Filings - See Documents
| date | description | view/download |
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