tortoise media ltd
tortoise media ltd Company Information
Company Number
11100473
Next Accounts
Sep 2025
Shareholders
james paul harding
woodbridge investments corporation
View AllGroup Structure
View All
Industry
Other information service activities n.e.c.
Registered Address
the harley building, 77-79 new cavendish street, london, W1W 6XB
Website
www.tortoisemedia.comtortoise media ltd Estimated Valuation
Pomanda estimates the enterprise value of TORTOISE MEDIA LTD at £6.9m based on a Turnover of £6.1m and 1.14x industry multiple (adjusted for size and gross margin).
tortoise media ltd Estimated Valuation
Pomanda estimates the enterprise value of TORTOISE MEDIA LTD at £0 based on an EBITDA of £-4m and a 6.16x industry multiple (adjusted for size and gross margin).
tortoise media ltd Estimated Valuation
Pomanda estimates the enterprise value of TORTOISE MEDIA LTD at £4.4m based on Net Assets of £1.7m and 2.52x industry multiple (adjusted for liquidity).
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Tortoise Media Ltd Overview
Tortoise Media Ltd is a live company located in london, W1W 6XB with a Companies House number of 11100473. It operates in the other information service activities n.e.c. sector, SIC Code 63990. Founded in December 2017, it's largest shareholder is james paul harding with a 31.6% stake. Tortoise Media Ltd is a young, mid sized company, Pomanda has estimated its turnover at £6.1m with high growth in recent years.
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Tortoise Media Ltd Health Check
Pomanda's financial health check has awarded Tortoise Media Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £6.1m, make it larger than the average company (£1.2m)
£6.1m - Tortoise Media Ltd
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (7.6%)
- Tortoise Media Ltd
7.6% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (68.8%)
100% - Tortoise Media Ltd
68.8% - Industry AVG
Profitability
an operating margin of -66% make it less profitable than the average company (6.2%)
-66% - Tortoise Media Ltd
6.2% - Industry AVG
Employees
with 64 employees, this is above the industry average (20)
64 - Tortoise Media Ltd
20 - Industry AVG
Pay Structure
on an average salary of £85.9k, the company has a higher pay structure (£35.2k)
£85.9k - Tortoise Media Ltd
£35.2k - Industry AVG
Efficiency
resulting in sales per employee of £94.6k, this is more efficient (£76.2k)
£94.6k - Tortoise Media Ltd
£76.2k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is near the average (35 days)
39 days - Tortoise Media Ltd
35 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Tortoise Media Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Tortoise Media Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 59 weeks, this is average cash available to meet short term requirements (71 weeks)
59 weeks - Tortoise Media Ltd
71 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.3%, this is a higher level of debt than the average (35.4%)
41.3% - Tortoise Media Ltd
35.4% - Industry AVG
TORTOISE MEDIA LTD financials
Tortoise Media Ltd's latest turnover from December 2023 is £6.1 million and the company has net assets of £1.7 million. According to their latest financial statements, Tortoise Media Ltd has 64 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 6,056,442 | 6,235,352 | ||||
| Other Income Or Grants | 0 | 0 | ||||
| Cost Of Sales | 0 | 0 | ||||
| Gross Profit | 6,056,442 | 6,235,352 | ||||
| Admin Expenses | 10,825,763 | |||||
| Operating Profit | -4,590,411 | |||||
| Interest Payable | 39,733 | 40,343 | ||||
| Interest Receivable | 0 | 0 | ||||
| Pre-Tax Profit | -3,846,205 | -4,630,754 | ||||
| Tax | 0 | -17,000 | ||||
| Profit After Tax | -3,846,205 | -4,647,754 | ||||
| Dividends Paid | 0 | 0 | ||||
| Retained Profit | -3,846,205 | -4,647,754 | ||||
| Employee Costs | 5,498,139 | 6,143,045 | ||||
| Number Of Employees | 64 | 73 | 56 | 49 | 48 | 13 |
| EBITDA* | -4,559,773 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 34,458 | 47,402 | 57,156 | 43,580 | 62,587 | 34,743 |
| Intangible Assets | 289,896 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 324,354 | 47,402 | 57,156 | 43,580 | 62,587 | 34,743 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 659,590 | 1,052,657 | 491,114 | 285,827 | 616,960 | 345,253 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 583,520 | 510,475 | 288,119 | 137,451 | 78,451 | 99,237 |
| Cash | 1,381,602 | 4,299,246 | 10,295,163 | 3,187,396 | 4,131,590 | 5,040,770 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,624,712 | 5,862,378 | 11,074,396 | 3,610,674 | 4,827,001 | 5,485,260 |
| total assets | 2,949,066 | 5,909,780 | 11,131,552 | 3,654,254 | 4,889,588 | 5,520,003 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 295,492 | 505,541 | 165,171 | 331,959 | 244,416 | 70,205 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 921,907 | 1,101,255 | 2,056,319 | 1,303,367 | 1,139,216 | 781,028 |
| total current liabilities | 1,217,399 | 1,606,796 | 2,221,490 | 1,635,326 | 1,383,632 | 851,233 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,217,399 | 1,606,796 | 2,221,490 | 1,635,326 | 1,383,632 | 851,233 |
| net assets | 1,731,667 | 4,302,984 | 8,910,062 | 2,018,928 | 3,505,956 | 4,668,770 |
| total shareholders funds | 1,731,667 | 4,302,984 | 8,910,062 | 2,018,928 | 3,505,956 | 4,668,770 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -4,590,411 | |||||
| Depreciation | 30,698 | 30,638 | 36,000 | 30,560 | 23,884 | 4,365 |
| Amortisation | 13,475 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | -17,000 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -320,022 | 783,899 | 355,955 | -272,133 | 250,921 | 444,490 |
| Creditors | -210,049 | 340,370 | -166,788 | 87,543 | 174,211 | 70,205 |
| Accruals and Deferred Income | -179,348 | -955,064 | 752,952 | 164,151 | 358,188 | 781,028 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -5,975,366 | |||||
| Investing Activities | ||||||
| capital expenditure | 0 | 0 | ||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | ||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | -39,733 | -40,343 | ||||
| cash flow from financing | 1,235,155 | 333 | ||||
| cash and cash equivalents | ||||||
| cash | -2,917,644 | -5,995,917 | 7,107,767 | -944,194 | -909,180 | 5,040,770 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,917,644 | -5,995,917 | 7,107,767 | -944,194 | -909,180 | 5,040,770 |
tortoise media ltd Credit Report and Business Information
Tortoise Media Ltd Competitor Analysis
Perform a competitor analysis for tortoise media ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in W1W area or any other competitors across 12 key performance metrics.
tortoise media ltd Ownership
TORTOISE MEDIA LTD group structure
Tortoise Media Ltd has no subsidiary companies.
Ultimate parent company
TORTOISE MEDIA LTD
11100473
tortoise media ltd directors
Tortoise Media Ltd currently has 4 directors. The longest serving directors include Mr James Harding (Jan 2018) and Mr Matthew Barzun (May 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Harding | 55 years | Jan 2018 | - | Director | |
| Mr Matthew Barzun | United Kingdom | 54 years | May 2018 | - | Director |
| Ms Ceci Kurzman | England | 55 years | Oct 2023 | - | Director |
| Mr Nick Jones | England | 61 years | Oct 2023 | - | Director |
P&L
December 2023turnover
6.1m
-3%
operating profit
-4m
0%
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
1.7m
-0.6%
total assets
2.9m
-0.5%
cash
1.4m
-0.68%
net assets
Total assets minus all liabilities
tortoise media ltd company details
company number
11100473
Type
Private limited with Share Capital
industry
63990 - Other information service activities n.e.c.
incorporation date
December 2017
age
8
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
tortoise ventures ltd (April 2018)
accountant
-
auditor
THP LIMITED
address
the harley building, 77-79 new cavendish street, london, W1W 6XB
Bank
-
Legal Advisor
-
tortoise media ltd 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 tortoise media ltd.
tortoise media ltd 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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tortoise media ltd Companies House Filings - See Documents
| date | description | view/download |
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