lbg media plc
lbg media plc Company Information
Company Number
13693251
Next Accounts
2 days late
Shareholders
inhoco formations limited
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
20 dale street, manchester, M1 1EZ
Website
lbgmedia.co.uklbg media plc Estimated Valuation
Pomanda estimates the enterprise value of LBG MEDIA PLC at £164.8m based on a Turnover of £67.5m and 2.44x industry multiple (adjusted for size and gross margin).
lbg media plc Estimated Valuation
Pomanda estimates the enterprise value of LBG MEDIA PLC at £97.1m based on an EBITDA of £9.5m and a 10.2x industry multiple (adjusted for size and gross margin).
lbg media plc Estimated Valuation
Pomanda estimates the enterprise value of LBG MEDIA PLC at £85m based on Net Assets of £65.2m and 1.31x industry multiple (adjusted for liquidity).
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Lbg Media Plc Overview
Lbg Media Plc is a live company located in manchester, M1 1EZ with a Companies House number of 13693251. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in October 2021, it's largest shareholder is inhoco formations limited with a 100% stake. Lbg Media Plc is a startup, large sized company, Pomanda has estimated its turnover at £67.5m with rapid growth in recent years.
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Lbg Media Plc Health Check
Pomanda's financial health check has awarded Lbg Media Plc a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £67.5m, make it larger than the average company (£18.9m)
£67.5m - Lbg Media Plc
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (10.5%)
31% - Lbg Media Plc
10.5% - Industry AVG
Production
with a gross margin of 36.3%, this company has a comparable cost of product (36.3%)
36.3% - Lbg Media Plc
36.3% - Industry AVG
Profitability
an operating margin of 9% make it more profitable than the average company (4.5%)
9% - Lbg Media Plc
4.5% - Industry AVG
Employees
with 446 employees, this is above the industry average (104)
446 - Lbg Media Plc
104 - Industry AVG
Pay Structure
on an average salary of £72k, the company has a higher pay structure (£44.7k)
£72k - Lbg Media Plc
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £151.4k, this is less efficient (£191k)
£151.4k - Lbg Media Plc
£191k - Industry AVG
Debtor Days
it gets paid by customers after 85 days, this is later than average (45 days)
85 days - Lbg Media Plc
45 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (44 days)
24 days - Lbg Media Plc
44 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (40 days)
0 days - Lbg Media Plc
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 52 weeks, this is more cash available to meet short term requirements (14 weeks)
52 weeks - Lbg Media Plc
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.8%, this is a lower level of debt than the average (69.7%)
28.8% - Lbg Media Plc
69.7% - Industry AVG
LBG MEDIA PLC financials
Lbg Media Plc's latest turnover from December 2023 is £67.5 million and the company has net assets of £65.2 million. According to their latest financial statements, Lbg Media Plc has 446 employees and maintains cash reserves of £15.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Turnover | 67,510,000 | 62,809,000 | 54,502,000 | 30,170,000 |
| Other Income Or Grants | ||||
| Cost Of Sales | ||||
| Gross Profit | ||||
| Admin Expenses | ||||
| Operating Profit | 6,065,000 | 7,466,000 | 8,247,000 | 4,386,000 |
| Interest Payable | 565,000 | 161,000 | 258,000 | 347,000 |
| Interest Receivable | 106,000 | 18,000 | 26,000 | 29,000 |
| Pre-Tax Profit | 5,937,000 | 7,323,000 | 8,130,000 | 4,113,000 |
| Tax | -4,271,000 | -1,976,000 | -2,899,000 | -1,143,000 |
| Profit After Tax | 1,666,000 | 5,347,000 | 5,231,000 | 2,970,000 |
| Dividends Paid | ||||
| Retained Profit | 1,666,000 | 5,347,000 | 5,231,000 | 2,970,000 |
| Employee Costs | 32,093,000 | 28,344,000 | 23,014,000 | 14,924,000 |
| Number Of Employees | 446 | 470 | 388 | 280 |
| EBITDA* | 9,522,000 | 9,903,000 | 10,372,000 | 6,492,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Tangible Assets | 2,235,000 | 2,128,000 | 4,533,000 | 5,278,000 |
| Intangible Assets | 44,465,000 | 18,449,000 | 14,558,000 | 15,055,000 |
| Investments & Other | 690,000 | 359,000 | 359,000 | 244,000 |
| Debtors (Due After 1 year) | 222,000 | 852,000 | 469,000 | 436,000 |
| Total Fixed Assets | 46,676,000 | 20,317,000 | 19,091,000 | 20,333,000 |
| Stock & work in progress | 27,000 | |||
| Trade Debtors | 15,796,000 | 8,179,000 | 13,589,000 | 7,894,000 |
| Group Debtors | ||||
| Misc Debtors | 13,167,000 | 12,783,000 | 1,564,000 | 6,222,000 |
| Cash | 15,800,000 | 29,268,000 | 34,338,000 | 6,937,000 |
| misc current assets | ||||
| total current assets | 44,852,000 | 50,608,000 | 49,491,000 | 21,053,000 |
| total assets | 91,528,000 | 70,925,000 | 68,582,000 | 41,386,000 |
| Bank overdraft | ||||
| Bank loan | 2,952,000 | |||
| Trade Creditors | 2,832,000 | 1,172,000 | 1,959,000 | 1,964,000 |
| Group/Directors Accounts | ||||
| other short term finances | 3,016,000 | 56,000 | ||
| hp & lease commitments | 2,507,000 | 1,282,000 | 1,111,000 | 1,039,000 |
| other current liabilities | 7,322,000 | 3,759,000 | 9,398,000 | 6,477,000 |
| total current liabilities | 15,677,000 | 6,213,000 | 12,524,000 | 12,432,000 |
| loans | 18,996,000 | 3,920,000 | 5,296,000 | 27,874,000 |
| hp & lease commitments | 2,975,000 | 1,960,000 | 2,648,000 | 3,689,000 |
| Accruals and Deferred Income | ||||
| other liabilities | 198,000 | 592,000 | ||
| provisions | 2,004,000 | 1,868,000 | 2,258,000 | 1,600,000 |
| total long term liabilities | 10,698,000 | 3,486,000 | 3,777,000 | 14,737,000 |
| total liabilities | 26,375,000 | 9,699,000 | 16,301,000 | 27,169,000 |
| net assets | 65,153,000 | 61,226,000 | 52,281,000 | 14,217,000 |
| total shareholders funds | 65,153,000 | 61,226,000 | 52,281,000 | 14,217,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 6,065,000 | 7,466,000 | 8,247,000 | 4,386,000 |
| Depreciation | 439,000 | 337,000 | 1,332,000 | 1,205,000 |
| Amortisation | 3,018,000 | 2,100,000 | 793,000 | 901,000 |
| Tax | -4,271,000 | -1,976,000 | -2,899,000 | -1,143,000 |
| Stock | 27,000 | |||
| Debtors | 7,371,000 | 6,192,000 | 1,070,000 | 14,552,000 |
| Creditors | 1,660,000 | -787,000 | -5,000 | 1,964,000 |
| Accruals and Deferred Income | 3,563,000 | -5,639,000 | 2,921,000 | 6,477,000 |
| Deferred Taxes & Provisions | 136,000 | -390,000 | 658,000 | 1,600,000 |
| Cash flow from operations | 3,212,000 | -5,081,000 | 9,977,000 | 838,000 |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 331,000 | 115,000 | 244,000 | |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | -2,952,000 | 2,952,000 | ||
| Group/Directors Accounts | ||||
| Other Short Term Loans | 3,016,000 | -56,000 | 56,000 | |
| Long term loans | 15,076,000 | -1,376,000 | -22,578,000 | 27,874,000 |
| Hire Purchase and Lease Commitments | 2,240,000 | -517,000 | -969,000 | 4,728,000 |
| other long term liabilities | -394,000 | 592,000 | ||
| share issue | ||||
| interest | -459,000 | -143,000 | -232,000 | -318,000 |
| cash flow from financing | 21,740,000 | 2,098,000 | 6,158,000 | 46,483,000 |
| cash and cash equivalents | ||||
| cash | -13,468,000 | -5,070,000 | 27,401,000 | 6,937,000 |
| overdraft | ||||
| change in cash | -13,468,000 | -5,070,000 | 27,401,000 | 6,937,000 |
lbg media plc Credit Report and Business Information
Lbg Media Plc Competitor Analysis
Perform a competitor analysis for lbg media plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in M 1 area or any other competitors across 12 key performance metrics.
lbg media plc Ownership
LBG MEDIA PLC group structure
Lbg Media Plc has 1 subsidiary company.
lbg media plc directors
Lbg Media Plc currently has 5 directors. The longest serving directors include Mr Alexander Solomou (Oct 2021) and Mr Alexander Solomou (Oct 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alexander Solomou | England | 34 years | Oct 2021 | - | Director |
| Mr Alexander Solomou | England | 34 years | Oct 2021 | - | Director |
| Ms Carol Kane | United Kingdom | 58 years | Dec 2021 | - | Director |
| Miss Alexandra Jarvis | United Kingdom | 48 years | Dec 2021 | - | Director |
| Mr David Wilson | United Kingdom | 63 years | Dec 2021 | - | Director |
P&L
December 2023turnover
67.5m
+7%
operating profit
6.1m
-19%
gross margin
36.4%
+0.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
65.2m
+0.06%
total assets
91.5m
+0.29%
cash
15.8m
-0.46%
net assets
Total assets minus all liabilities
Similar Companies
lbg media plc company details
company number
13693251
Type
Public limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
October 2021
age
4
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
lbg media limited (November 2021)
project apollo topco limited (November 2021)
accountant
-
auditor
BDO LLP
address
20 dale street, manchester, M1 1EZ
Bank
HSBC BANK PLC
Legal Advisor
-
lbg media plc 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 lbg media plc.
lbg media plc 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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lbg media plc Companies House Filings - See Documents
| date | description | view/download |
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