the addressable platform limited
the addressable platform limited Company Information
Company Number
11423826
Website
https://www.itv.comRegistered Address
itv white city 201 wood lane, london, W12 7RU
Industry
Television programme production activities
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
itv broadcasting limited 100%
the addressable platform limited Estimated Valuation
Pomanda estimates the enterprise value of THE ADDRESSABLE PLATFORM LIMITED at £0 based on a Turnover of £26m and -2.31x industry multiple (adjusted for size and gross margin).
the addressable platform limited Estimated Valuation
Pomanda estimates the enterprise value of THE ADDRESSABLE PLATFORM LIMITED at £0 based on an EBITDA of £19m and a -12.76x industry multiple (adjusted for size and gross margin).
the addressable platform limited Estimated Valuation
Pomanda estimates the enterprise value of THE ADDRESSABLE PLATFORM LIMITED at £25.6m based on Net Assets of £19.3m and 1.32x industry multiple (adjusted for liquidity).
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The Addressable Platform Limited Overview
The Addressable Platform Limited is a live company located in london, W12 7RU with a Companies House number of 11423826. It operates in the television programme production activities sector, SIC Code 59113. Founded in June 2018, it's largest shareholder is itv broadcasting limited with a 100% stake. The Addressable Platform Limited is a young, large sized company, Pomanda has estimated its turnover at £26m with rapid growth in recent years.
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The Addressable Platform Limited Health Check
Pomanda's financial health check has awarded The Addressable Platform Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
0 Regular
3 Weak
Size
annual sales of £26m, make it larger than the average company (£4.9m)
£26m - The Addressable Platform Limited
£4.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 54%, show it is growing at a faster rate (1.5%)
54% - The Addressable Platform Limited
1.5% - Industry AVG
Production
with a gross margin of 85.6%, this company has a lower cost of product (16.2%)
85.6% - The Addressable Platform Limited
16.2% - Industry AVG
Profitability
an operating margin of 43.5% make it more profitable than the average company (3.6%)
43.5% - The Addressable Platform Limited
3.6% - Industry AVG
Employees
with 8 employees, this is below the industry average (16)
8 - The Addressable Platform Limited
16 - Industry AVG
Pay Structure
on an average salary of £99.1k, the company has a higher pay structure (£68.9k)
£99.1k - The Addressable Platform Limited
£68.9k - Industry AVG
Efficiency
resulting in sales per employee of £3.3m, this is more efficient (£338.8k)
£3.3m - The Addressable Platform Limited
£338.8k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is later than average (28 days)
67 days - The Addressable Platform Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is slower than average (7 days)
10 days - The Addressable Platform Limited
7 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Addressable Platform Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - The Addressable Platform Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.5%, this is a lower level of debt than the average (91.8%)
68.5% - The Addressable Platform Limited
91.8% - Industry AVG
THE ADDRESSABLE PLATFORM LIMITED financials
The Addressable Platform Limited's latest turnover from December 2022 is £26 million and the company has net assets of £19.3 million. According to their latest financial statements, The Addressable Platform Limited has 8 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Turnover | 26,008,000 | 23,219,000 | 12,383,000 | 7,171,000 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 3,746,000 | 3,259,000 | 3,959,000 | 3,241,000 | |
| Gross Profit | 22,262,000 | 19,960,000 | 8,424,000 | 3,930,000 | |
| Admin Expenses | 10,940,000 | 8,368,000 | 6,231,000 | 2,265,000 | |
| Operating Profit | 11,322,000 | 11,592,000 | 2,193,000 | 1,665,000 | |
| Interest Payable | 719,000 | 124,000 | 56,000 | 5,000 | |
| Interest Receivable | 5,000 | 0 | 0 | 0 | |
| Pre-Tax Profit | 10,608,000 | 11,468,000 | 2,137,000 | 1,660,000 | |
| Tax | -2,014,000 | -2,182,000 | -405,000 | 0 | |
| Profit After Tax | 8,594,000 | 9,286,000 | 1,732,000 | 1,660,000 | |
| Dividends Paid | 0 | 0 | 0 | 0 | |
| Retained Profit | 8,594,000 | 9,286,000 | 1,732,000 | 1,660,000 | |
| Employee Costs | 793,000 | 923,000 | 1,149,000 | 1,103,000 | |
| Number Of Employees | 8 | 9 | 12 | 11 | |
| EBITDA* | 19,027,000 | 16,753,000 | 4,581,000 | 2,297,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 10,000 | 4,000 | 1,000 | 0 |
| Intangible Assets | 27,440,000 | 26,708,000 | 19,980,000 | 19,121,000 | 0 |
| Investments & Other | 11,000 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 10,000 | 2,000 | 1,000 | 0 |
| Total Fixed Assets | 27,451,000 | 26,718,000 | 19,982,000 | 19,122,000 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,834,000 | 3,783,000 | 4,012,000 | 10,525,000 | 0 |
| Group Debtors | 29,003,000 | 12,104,000 | 4,642,000 | 2,000,000 | 0 |
| Misc Debtors | 27,000 | 75,000 | 0 | 13,000 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 698,000 | 0 | 0 |
| total current assets | 33,864,000 | 15,962,000 | 9,352,000 | 12,538,000 | 0 |
| total assets | 61,315,000 | 42,680,000 | 29,334,000 | 31,660,000 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 106,000 | 4,200,000 | 446,000 | 8,123,000 | 0 |
| Group/Directors Accounts | 30,592,000 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 11,289,000 | 27,741,000 | 27,440,000 | 21,876,000 | 0 |
| total current liabilities | 41,987,000 | 31,941,000 | 27,886,000 | 29,999,000 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 41,987,000 | 31,941,000 | 27,886,000 | 29,999,000 | 0 |
| net assets | 19,328,000 | 10,739,000 | 1,448,000 | 1,661,000 | 0 |
| total shareholders funds | 19,328,000 | 10,739,000 | 1,448,000 | 1,661,000 | 0 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 11,322,000 | 11,592,000 | 2,193,000 | 1,665,000 | |
| Depreciation | 0 | 0 | 0 | 0 | |
| Amortisation | 7,705,000 | 5,161,000 | 2,388,000 | 632,000 | |
| Tax | -2,014,000 | -2,182,000 | -405,000 | 0 | |
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 17,892,000 | 7,316,000 | -3,883,000 | 12,539,000 | 0 |
| Creditors | -4,094,000 | 3,754,000 | -7,677,000 | 8,123,000 | 0 |
| Accruals and Deferred Income | -16,452,000 | 301,000 | 5,564,000 | 21,876,000 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -21,425,000 | 11,310,000 | 5,946,000 | 19,757,000 | |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 11,000 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 30,592,000 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | -714,000 | -124,000 | -56,000 | -5,000 | |
| cash flow from financing | 29,873,000 | -119,000 | -2,001,000 | -4,000 | |
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
the addressable platform limited Credit Report and Business Information
The Addressable Platform Limited Competitor Analysis
Perform a competitor analysis for the addressable platform limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
the addressable platform limited Ownership
THE ADDRESSABLE PLATFORM LIMITED group structure
The Addressable Platform Limited has no subsidiary companies.
Ultimate parent company
2 parents
THE ADDRESSABLE PLATFORM LIMITED
11423826
the addressable platform limited directors
The Addressable Platform Limited currently has 3 directors. The longest serving directors include Mr Mark Smith (May 2019) and Mr Christopher Kennedy (May 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Smith | United Kingdom | 56 years | May 2019 | - | Director |
| Mr Christopher Kennedy | 60 years | May 2019 | - | Director | |
| Mr Michael Hirst | United Kingdom | 53 years | May 2023 | - | Director |
P&L
December 2022turnover
26m
+12%
operating profit
11.3m
-2%
gross margin
85.6%
-0.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
19.3m
+0.8%
total assets
61.3m
+0.44%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
the addressable platform limited company details
company number
11423826
Type
Private limited with Share Capital
industry
59113 - Television programme production activities
incorporation date
June 2018
age
6
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
itv (victor) limited (June 2019)
incorporated
UK
address
itv white city 201 wood lane, london, W12 7RU
last accounts submitted
December 2022
the addressable platform 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 the addressable platform limited.
the addressable platform limited Companies House Filings - See Documents
| date | description | view/download |
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