publisher first ltd
publisher first ltd Company Information
Group Structure
View All
Industry
Business and domestic software development
Registered Address
ebenezer house ryecroft, newcastle-under-lyme, staffordshire, ST5 2BE
Website
triple13.iopublisher first ltd Estimated Valuation
Pomanda estimates the enterprise value of PUBLISHER FIRST LTD at £1.7m based on a Turnover of £1.9m and 0.88x industry multiple (adjusted for size and gross margin).
publisher first ltd Estimated Valuation
Pomanda estimates the enterprise value of PUBLISHER FIRST LTD at £763.8k based on an EBITDA of £142k and a 5.38x industry multiple (adjusted for size and gross margin).
publisher first ltd Estimated Valuation
Pomanda estimates the enterprise value of PUBLISHER FIRST LTD at £0 based on Net Assets of £-19.7k and 2.38x industry multiple (adjusted for liquidity).
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Publisher First Ltd Overview
Publisher First Ltd is a live company located in staffordshire, ST5 2BE with a Companies House number of 11685279. It operates in the business and domestic software development sector, SIC Code 62012. Founded in November 2018, it's largest shareholder is publishers first inc with a 100% stake. Publisher First Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.9m with high growth in recent years.
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Publisher First Ltd Health Check
Pomanda's financial health check has awarded Publisher First Ltd a 3.5 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 £1.9m, make it smaller than the average company (£4.5m)
- Publisher First Ltd
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (10.2%)
- Publisher First Ltd
10.2% - Industry AVG
Production
with a gross margin of 72%, this company has a comparable cost of product (72%)
- Publisher First Ltd
72% - Industry AVG
Profitability
an operating margin of 7.3% make it more profitable than the average company (3.4%)
- Publisher First Ltd
3.4% - Industry AVG
Employees
with 19 employees, this is below the industry average (42)
19 - Publisher First Ltd
42 - Industry AVG
Pay Structure
on an average salary of £72.2k, the company has an equivalent pay structure (£72.2k)
- Publisher First Ltd
£72.2k - Industry AVG
Efficiency
resulting in sales per employee of £100.4k, this is less efficient (£121.9k)
- Publisher First Ltd
£121.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Publisher First Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (41 days)
- Publisher First Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Publisher First Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 48 weeks, this is more cash available to meet short term requirements (17 weeks)
48 weeks - Publisher First Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105.5%, this is a higher level of debt than the average (62.9%)
105.5% - Publisher First Ltd
62.9% - Industry AVG
PUBLISHER FIRST LTD financials
Publisher First Ltd's latest turnover from December 2023 is estimated at £1.9 million and the company has net assets of -£19.7 thousand. According to their latest financial statements, Publisher First Ltd has 19 employees and maintains cash reserves of £348.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| 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 | 19 | 17 | 11 | 5 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 8,306 | 8,352 | 9,137 | 7,536 | 3,000 |
| Intangible Assets | 4,877 | ||||
| Investments & Other | 200 | 200 | 200 | 200 | |
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 8,506 | 8,552 | 9,337 | 12,613 | 3,000 |
| Stock & work in progress | |||||
| Trade Debtors | 1,808 | 800,488 | 296,000 | ||
| Group Debtors | 25,352 | 7,610 | |||
| Misc Debtors | 318 | 1,833 | 145,741 | 99,103 | 18,800 |
| Cash | 348,659 | 1,555,212 | 50,716 | 76,228 | 6,380 |
| misc current assets | |||||
| total current assets | 348,977 | 1,558,853 | 1,022,297 | 478,941 | 25,180 |
| total assets | 357,483 | 1,567,405 | 1,031,634 | 491,554 | 28,180 |
| Bank overdraft | 23 | 23 | 6,666 | ||
| Bank loan | |||||
| Trade Creditors | 1,965 | 3,141 | 111,588 | ||
| Group/Directors Accounts | 187,473 | 1,643,445 | 893,829 | 187,157 | |
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 185,644 | 84,112 | 284,099 | 138,963 | 28,130 |
| total current liabilities | 375,082 | 1,727,580 | 1,181,092 | 444,374 | 28,130 |
| loans | 43,334 | ||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | 2,077 | 1,432 | 1,432 | 1,432 | |
| total long term liabilities | 2,077 | 1,432 | 1,432 | 44,766 | |
| total liabilities | 377,159 | 1,729,012 | 1,182,524 | 489,140 | 28,130 |
| net assets | -19,676 | -161,607 | -150,890 | 2,414 | 50 |
| total shareholders funds | -19,676 | -161,607 | -150,890 | 2,414 | 50 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 2,769 | 2,784 | 3,047 | 2,514 | 1,000 |
| Amortisation | 4,877 | 125 | |||
| Tax | |||||
| Stock | |||||
| Debtors | -3,323 | -967,940 | 568,868 | 383,913 | 18,800 |
| Creditors | 1,965 | -3,141 | -108,447 | 111,588 | |
| Accruals and Deferred Income | 101,532 | -199,987 | 145,136 | 110,833 | 28,130 |
| Deferred Taxes & Provisions | 645 | 1,432 | |||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 200 | ||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | -1,455,972 | 749,616 | 706,672 | 187,157 | |
| Other Short Term Loans | |||||
| Long term loans | -43,334 | 43,334 | |||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -1,206,553 | 1,504,496 | -25,512 | 69,848 | 6,380 |
| overdraft | -23 | -6,643 | 6,666 | ||
| change in cash | -1,206,530 | 1,504,496 | -18,869 | 63,182 | 6,380 |
publisher first ltd Credit Report and Business Information
Publisher First Ltd Competitor Analysis
Perform a competitor analysis for publisher first ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in ST5 area or any other competitors across 12 key performance metrics.
publisher first ltd Ownership
PUBLISHER FIRST LTD group structure
Publisher First Ltd has 4 subsidiary companies.
Ultimate parent company
PUBLISHER FIRST LTD
11685279
4 subsidiaries
publisher first ltd directors
Publisher First Ltd currently has 1 director, Mr Kurt Donnell serving since Nov 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kurt Donnell | England | 44 years | Nov 2021 | - | Director |
P&L
December 2023turnover
1.9m
+126%
operating profit
139.3k
0%
gross margin
72%
+0.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-19.7k
-0.88%
total assets
357.5k
-0.77%
cash
348.7k
-0.78%
net assets
Total assets minus all liabilities
publisher first ltd company details
company number
11685279
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
November 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
triple13 ltd (August 2024)
accountant
-
auditor
-
address
ebenezer house ryecroft, newcastle-under-lyme, staffordshire, ST5 2BE
Bank
-
Legal Advisor
-
publisher first 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 found 1 charges/mortgages relating to publisher first ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
publisher first 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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publisher first ltd Companies House Filings - See Documents
| date | description | view/download |
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