west midlands magazines limited
west midlands magazines limited Company Information
Company Number
10452329
Next Accounts
Sep 2025
Shareholders
simon richard archer
carol archer
Group Structure
View All
Industry
Publishing of consumer, business and professional journals and periodicals
Registered Address
39 high street wednesfield, wolverhampton, west midlands, WV11 1ST
west midlands magazines limited Estimated Valuation
Pomanda estimates the enterprise value of WEST MIDLANDS MAGAZINES LIMITED at £181.5k based on a Turnover of £349.9k and 0.52x industry multiple (adjusted for size and gross margin).
west midlands magazines limited Estimated Valuation
Pomanda estimates the enterprise value of WEST MIDLANDS MAGAZINES LIMITED at £49.2k based on an EBITDA of £17k and a 2.89x industry multiple (adjusted for size and gross margin).
west midlands magazines limited Estimated Valuation
Pomanda estimates the enterprise value of WEST MIDLANDS MAGAZINES LIMITED at £24.7k based on Net Assets of £15.5k and 1.59x industry multiple (adjusted for liquidity).
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West Midlands Magazines Limited Overview
West Midlands Magazines Limited is a live company located in west midlands, WV11 1ST with a Companies House number of 10452329. It operates in the publishing of consumer and business journals and periodicals sector, SIC Code 58142. Founded in October 2016, it's largest shareholder is simon richard archer with a 66.7% stake. West Midlands Magazines Limited is a young, micro sized company, Pomanda has estimated its turnover at £349.9k with high growth in recent years.
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West Midlands Magazines Limited Health Check
Pomanda's financial health check has awarded West Midlands Magazines 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
2 Regular
5 Weak
Size
annual sales of £349.9k, make it smaller than the average company (£6.7m)
- West Midlands Magazines Limited
£6.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (1.3%)
- West Midlands Magazines Limited
1.3% - Industry AVG
Production
with a gross margin of 52.9%, this company has a comparable cost of product (52.9%)
- West Midlands Magazines Limited
52.9% - Industry AVG
Profitability
an operating margin of 4% make it less profitable than the average company (5.6%)
- West Midlands Magazines Limited
5.6% - Industry AVG
Employees
with 4 employees, this is below the industry average (55)
4 - West Midlands Magazines Limited
55 - Industry AVG
Pay Structure
on an average salary of £57.1k, the company has an equivalent pay structure (£57.1k)
- West Midlands Magazines Limited
£57.1k - Industry AVG
Efficiency
resulting in sales per employee of £87.5k, this is less efficient (£147.5k)
- West Midlands Magazines Limited
£147.5k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is earlier than average (46 days)
- West Midlands Magazines Limited
46 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- West Midlands Magazines Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- West Midlands Magazines Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is more cash available to meet short term requirements (15 weeks)
19 weeks - West Midlands Magazines Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.5%, this is a higher level of debt than the average (65.6%)
83.5% - West Midlands Magazines Limited
65.6% - Industry AVG
WEST MIDLANDS MAGAZINES LIMITED financials
West Midlands Magazines Limited's latest turnover from December 2023 is estimated at £349.9 thousand and the company has net assets of £15.5 thousand. According to their latest financial statements, West Midlands Magazines Limited has 4 employees and maintains cash reserves of £8.5 thousand 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 | |
|---|---|---|---|---|---|---|---|
| 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 | 4 | 4 | 3 | 3 | 2 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 62,482 | 728 | 242 | 606 | 1,019 | 1,251 | 1,377 |
| Intangible Assets | 500 | 1,000 | 1,500 | ||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 62,482 | 728 | 242 | 606 | 1,519 | 2,251 | 2,877 |
| Stock & work in progress | |||||||
| Trade Debtors | 20,364 | 18,935 | 15,938 | 14,461 | 14,755 | 15,000 | 10,759 |
| Group Debtors | |||||||
| Misc Debtors | 2,768 | 6,559 | 8,927 | 4,230 | 10,584 | 5,345 | 13,965 |
| Cash | 8,537 | 10,038 | 6,444 | 14,902 | 6,667 | 7,934 | 14,970 |
| misc current assets | |||||||
| total current assets | 31,669 | 35,532 | 31,309 | 33,593 | 32,006 | 28,279 | 39,694 |
| total assets | 94,151 | 36,260 | 31,551 | 34,199 | 33,525 | 30,530 | 42,571 |
| Bank overdraft | 2,094 | 2,043 | |||||
| Bank loan | 2,002 | 424 | |||||
| Trade Creditors | 10,369 | 6,432 | 8,027 | 773 | |||
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | 7,266 | ||||||
| other current liabilities | 13,726 | 13,112 | 11,347 | 13,671 | 11,963 | 9,690 | 13,130 |
| total current liabilities | 23,086 | 25,524 | 19,781 | 22,122 | 12,736 | 9,690 | 13,130 |
| loans | 3,422 | 5,473 | 7,513 | 9,577 | |||
| hp & lease commitments | 49,188 | ||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | 2,937 | 138 | 46 | 115 | 194 | 238 | 265 |
| total long term liabilities | 55,547 | 5,611 | 7,559 | 9,692 | 194 | 238 | 265 |
| total liabilities | 78,633 | 31,135 | 27,340 | 31,814 | 12,930 | 9,928 | 13,395 |
| net assets | 15,518 | 5,125 | 4,211 | 2,385 | 20,595 | 20,602 | 29,176 |
| total shareholders funds | 15,518 | 5,125 | 4,211 | 2,385 | 20,595 | 20,602 | 29,176 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 2,911 | 114 | 364 | 413 | 444 | 455 | 313 |
| Amortisation | 500 | 500 | 500 | ||||
| Tax | |||||||
| Stock | |||||||
| Debtors | -2,362 | 629 | 6,174 | -6,648 | 4,994 | -4,379 | 24,724 |
| Creditors | -10,369 | 3,937 | -1,595 | 7,254 | 773 | ||
| Accruals and Deferred Income | 614 | 1,765 | -2,324 | 1,708 | 2,273 | -3,440 | 13,130 |
| Deferred Taxes & Provisions | 2,799 | 92 | -69 | -79 | -44 | -27 | 265 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | -2,002 | 1,578 | 424 | ||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | |||||||
| Long term loans | -2,051 | -2,040 | -2,064 | 9,577 | |||
| Hire Purchase and Lease Commitments | 56,454 | ||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -1,501 | 3,594 | -8,458 | 8,235 | -1,267 | -7,036 | 14,970 |
| overdraft | 51 | 2,043 | |||||
| change in cash | -1,552 | 1,551 | -8,458 | 8,235 | -1,267 | -7,036 | 14,970 |
west midlands magazines limited Credit Report and Business Information
West Midlands Magazines Limited Competitor Analysis
Perform a competitor analysis for west midlands magazines limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in WV11 area or any other competitors across 12 key performance metrics.
west midlands magazines limited Ownership
WEST MIDLANDS MAGAZINES LIMITED group structure
West Midlands Magazines Limited has no subsidiary companies.
Ultimate parent company
WEST MIDLANDS MAGAZINES LIMITED
10452329
west midlands magazines limited directors
West Midlands Magazines Limited currently has 2 directors. The longest serving directors include Mr Simon Archer (Oct 2016) and Mrs Carol Archer (Dec 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Archer | England | 60 years | Oct 2016 | - | Director |
| Mrs Carol Archer | England | 55 years | Dec 2016 | - | Director |
P&L
December 2023turnover
349.9k
+25%
operating profit
14.1k
0%
gross margin
52.9%
-5.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
15.5k
+2.03%
total assets
94.2k
+1.6%
cash
8.5k
-0.15%
net assets
Total assets minus all liabilities
west midlands magazines limited company details
company number
10452329
Type
Private limited with Share Capital
industry
58142 - Publishing of consumer, business and professional journals and periodicals
incorporation date
October 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
CROWTHER JORDON LIMITED
auditor
-
address
39 high street wednesfield, wolverhampton, west midlands, WV11 1ST
Bank
-
Legal Advisor
-
west midlands magazines 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 west midlands magazines limited.
west midlands magazines 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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west midlands magazines limited Companies House Filings - See Documents
| date | description | view/download |
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