Pomanda estimates the enterprise value of TRUE NORTH MEDIA LTD at £133.5k based on a Turnover of £278.1k and 0.48x industry multiple (adjusted for size and gross margin).
true north media ltdEstimated Valuation
£53.4k
Pomanda estimates the enterprise value of TRUE NORTH MEDIA LTD at £53.4k based on an EBITDA of £20.3k and a 2.63x industry multiple (adjusted for size and gross margin).
true north media ltdEstimated Valuation
£110.1k
Pomanda estimates the enterprise value of TRUE NORTH MEDIA LTD at £110.1k based on Net Assets of £62.7k and 1.76x industry multiple (adjusted for liquidity).
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True North Media LtdOverview
True North Media Ltd is a live company located in london, WC1X 0ND with a Companies House number of 12512001. It operates in the other publishing activities sector, SIC Code 58190. Founded in March 2020, it's largest shareholder is
wesley anderson
with a 100% stake. True North Media Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£278.1k with
rapid
growth in recent years.
Pomanda's financial health check has awarded True North Media Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
3 Regular
4 Weak
Size
annual sales of £278.1k, make it smaller than the average company (£1.1m)
£278.1k - True North Media Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 357%, show it is growing at a faster rate (7.9%)
357% - True North Media Ltd
7.9% - Industry AVG
Production
with a gross margin of 35.2%, this company has a higher cost of product (57.3%)
35.2% - True North Media Ltd
57.3% - Industry AVG
Profitability
an operating margin of 7.3% make it as profitable than the average company (7%)
7.3% - True North Media Ltd
7% - Industry AVG
Employees
with 2 employees, this is below the industry average (16)
2 - True North Media Ltd
16 - Industry AVG
Pay Structure
on an average salary of £52.9k, the company has an equivalent pay structure (£52.9k)
£52.9k - True North Media Ltd
£52.9k - Industry AVG
Efficiency
resulting in sales per employee of £139.1k, this is more efficient (£116k)
£139.1k - True North Media Ltd
£116k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is near the average (47 days)
41 days - True North Media Ltd
47 days - Industry AVG
Creditor Days
its suppliers are paid after 704 days, this is slower than average (43 days)
704 days - True North Media Ltd
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - True North Media Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - True North Media Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.8%, this is a higher level of debt than the average (55.5%)
84.8% - True North Media Ltd
55.5% - Industry AVG
TRUE NORTH MEDIA LTD financials
EXPORT
True North Media Ltd's latest turnover from March 2024 is estimated at £278.1 thousand and the company has net assets of £62.7 thousand. According to their latest financial statements, we estimate that True North Media Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Turnover
278,117
240,977
34,306
2,917
Other Income Or Grants
Cost Of Sales
180,363
163,257
21,077
1,859
Gross Profit
97,753
77,720
13,229
1,058
Admin Expenses
77,478
51,641
-11,536
-6,491
Operating Profit
20,275
26,079
24,765
7,549
Interest Payable
Interest Receivable
250
44
Pre-Tax Profit
20,275
26,328
24,809
7,549
Tax
-5,069
-5,002
-4,714
-1,434
Profit After Tax
15,206
21,326
20,095
6,115
Dividends Paid
Retained Profit
15,206
21,326
20,095
6,115
Employee Costs
105,867
100,574
46,521
45,559
Number Of Employees
2
2
1
1
EBITDA*
20,275
49,204
47,890
21,039
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Tangible Assets
379,635
402,760
Intangible Assets
425,885
449,010
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
379,635
402,760
425,885
449,010
Stock & work in progress
938
2,613
Trade Debtors
31,693
14,061
Group Debtors
Misc Debtors
Cash
11,754
misc current assets
total current assets
31,693
14,061
12,692
2,613
total assets
411,328
416,821
438,577
451,623
Bank overdraft
Bank loan
Trade Creditors
348,161
369,285
22,857
1,434
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
348,161
369,285
22,857
1,434
loans
hp & lease commitments
Accruals and Deferred Income
425
other liabilities
389,509
444,073
provisions
total long term liabilities
425
389,509
444,073
total liabilities
348,586
369,285
412,366
445,507
net assets
62,742
47,536
26,211
6,116
total shareholders funds
62,742
47,536
26,211
6,116
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Operating Activities
Operating Profit
20,275
26,079
24,765
7,549
Depreciation
Amortisation
23,125
23,125
13,490
Tax
-5,069
-5,002
-4,714
-1,434
Stock
-938
-1,675
2,613
Debtors
17,632
14,061
Creditors
-21,124
346,428
21,423
1,434
Accruals and Deferred Income
425
Deferred Taxes & Provisions
Cash flow from operations
-23,125
377,507
66,274
18,426
Investing Activities
capital expenditure
23,125
-462,500
Change in Investments
cash flow from investments
23,125
-462,500
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-389,509
-54,564
444,073
share issue
-1
1
interest
250
44
cash flow from financing
-389,260
-54,520
444,074
cash and cash equivalents
cash
-11,754
11,754
overdraft
change in cash
-11,754
11,754
true north media ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for true north media ltd. Get real-time insights into true north media ltd's credit score, group structure and payment trends.
Perform a competitor analysis for true north media ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in WC1X area or any other competitors across 12 key performance metrics.
true north media ltd Ownership
TRUE NORTH MEDIA LTD group structure
True North Media Ltd has no subsidiary companies.
Ultimate parent company
TRUE NORTH MEDIA LTD
12512001
TRUE NORTH MEDIA LTD Shareholders
The sole shareholder of True North Media Ltd is Wesley Anderson.
wesley anderson
100%
true north media ltd directors
True North Media Ltd currently has 2 directors.
The longest serving directors include
Mr Wesley Anderson (Mar 2020) and
Mr Wesley Anderson (Mar 2020).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024
net assets
62.7k
+0.32%
total assets
411.3k
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
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true north media ltd company details
company number
12512001
Type
Private limited with Share Capital
industry
58190 - Other publishing activities
incorporation date
March 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
2 frederick street, kings cross, london, WC1X 0ND
Bank
-
Legal Advisor
-
true north 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 true north media ltd.
true north media ltd Capital Raised & Share Issues BETA
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true north media ltdCompanies House Filings - See Documents
