first flights media limited
first flights media limited Company Information
Company Number
12272236
Website
-Registered Address
apartment 29 3 atkins square, dalston lane, london, E8 1FP
Industry
Artistic creation
Telephone
-
Next Accounts Due
July 2025
Group Structure
View All
Shareholders
nicholas sadler 50%
goldfinch holdings limited 50%
first flights media limited Estimated Valuation
Pomanda estimates the enterprise value of FIRST FLIGHTS MEDIA LIMITED at £60.5k based on a Turnover of £152.8k and 0.4x industry multiple (adjusted for size and gross margin).
first flights media limited Estimated Valuation
Pomanda estimates the enterprise value of FIRST FLIGHTS MEDIA LIMITED at £0 based on an EBITDA of £-2.6k and a 1.92x industry multiple (adjusted for size and gross margin).
first flights media limited Estimated Valuation
Pomanda estimates the enterprise value of FIRST FLIGHTS MEDIA LIMITED at £0 based on Net Assets of £-19k and 0.66x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
First Flights Media Limited Overview
First Flights Media Limited is a live company located in london, E8 1FP with a Companies House number of 12272236. It operates in the artistic creation sector, SIC Code 90030. Founded in October 2019, it's largest shareholder is nicholas sadler with a 50% stake. First Flights Media Limited is a young, micro sized company, Pomanda has estimated its turnover at £152.8k with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
First Flights Media Limited Health Check
Pomanda's financial health check has awarded First Flights Media Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £152.8k, make it smaller than the average company (£295.3k)
- First Flights Media Limited
£295.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 60%, show it is growing at a faster rate (6%)
- First Flights Media Limited
6% - Industry AVG
Production
with a gross margin of 48.4%, this company has a comparable cost of product (48.4%)
- First Flights Media Limited
48.4% - Industry AVG
Profitability
an operating margin of -1.7% make it less profitable than the average company (6.7%)
- First Flights Media Limited
6.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (5)
3 - First Flights Media Limited
5 - Industry AVG
Pay Structure
on an average salary of £26.5k, the company has an equivalent pay structure (£26.5k)
- First Flights Media Limited
£26.5k - Industry AVG
Efficiency
resulting in sales per employee of £50.9k, this is less efficient (£77.8k)
- First Flights Media Limited
£77.8k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (16 days)
- First Flights Media Limited
16 days - Industry AVG
Creditor Days
its suppliers are paid after 161 days, this is slower than average (26 days)
- First Flights Media Limited
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- First Flights Media Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is less cash available to meet short term requirements (107 weeks)
21 weeks - First Flights Media Limited
107 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 220.2%, this is a higher level of debt than the average (32.1%)
220.2% - First Flights Media Limited
32.1% - Industry AVG
FIRST FLIGHTS MEDIA LIMITED financials
First Flights Media Limited's latest turnover from October 2023 is estimated at £152.8 thousand and the company has net assets of -£19 thousand. According to their latest financial statements, First Flights Media Limited has 3 employees and maintains cash reserves of £14.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | |
|---|---|---|---|---|
| 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 | 3 | 2 | 3 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,455 | 10,855 | 9,652 | 814 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 14,357 | 6,506 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 15,812 | 17,361 | 9,652 | 814 |
| total assets | 15,812 | 17,361 | 9,652 | 814 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 34,821 | 34,291 | 22,673 | 2,673 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 34,821 | 34,291 | 22,673 | 2,673 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 34,821 | 34,291 | 22,673 | 2,673 |
| net assets | -19,009 | -16,930 | -13,021 | -1,859 |
| total shareholders funds | -19,009 | -16,930 | -13,021 | -1,859 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -9,400 | 1,203 | 8,838 | 814 |
| Creditors | 530 | 11,618 | 20,000 | 2,673 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 7,851 | 6,506 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 7,851 | 6,506 | 0 | 0 |
first flights media limited Credit Report and Business Information
First Flights Media Limited Competitor Analysis
Perform a competitor analysis for first flights media limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in E 8 area or any other competitors across 12 key performance metrics.
first flights media limited Ownership
FIRST FLIGHTS MEDIA LIMITED group structure
First Flights Media Limited has no subsidiary companies.
Ultimate parent company
FIRST FLIGHTS MEDIA LIMITED
12272236
first flights media limited directors
First Flights Media Limited currently has 3 directors. The longest serving directors include Mr Nicholas Sadler (Oct 2019) and Mr Phil McKenzie (Jul 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Sadler | England | 47 years | Oct 2019 | - | Director |
| Mr Phil McKenzie | United Kingdom | 37 years | Jul 2022 | - | Director |
| Mrs Kirsty Bell | England | 58 years | Jul 2022 | - | Director |
P&L
October 2023turnover
152.8k
-15%
operating profit
-2.6k
0%
gross margin
48.5%
-5.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-19k
+0.12%
total assets
15.8k
-0.09%
cash
14.4k
+1.21%
net assets
Total assets minus all liabilities
first flights media limited company details
company number
12272236
Type
Private limited with Share Capital
industry
90030 - Artistic creation
incorporation date
October 2019
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
apartment 29 3 atkins square, dalston lane, london, E8 1FP
Bank
-
Legal Advisor
-
first flights media 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 first flights media limited.
first flights media limited Companies House Filings - See Documents
| date | description | view/download |
|---|
