the millers publishing company limited

the millers publishing company limited Company Information

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Company Number

13761876

Industry

Publishing of newspapers

 

Shareholders

janos eichner

turi munthe

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Group Structure

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Contact

Registered Address

520, manchester royal exchange o, old bank street, manchester, M2 7PE

Website

-

the millers publishing company limited Estimated Valuation

£321.5k

Pomanda estimates the enterprise value of THE MILLERS PUBLISHING COMPANY LIMITED at £321.5k based on a Turnover of £519.1k and 0.62x industry multiple (adjusted for size and gross margin).

the millers publishing company limited Estimated Valuation

£0

Pomanda estimates the enterprise value of THE MILLERS PUBLISHING COMPANY LIMITED at £0 based on an EBITDA of £-19.6k and a 3.56x industry multiple (adjusted for size and gross margin).

the millers publishing company limited Estimated Valuation

£611.9k

Pomanda estimates the enterprise value of THE MILLERS PUBLISHING COMPANY LIMITED at £611.9k based on Net Assets of £306.3k and 2x industry multiple (adjusted for liquidity).

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The Millers Publishing Company Limited Overview

The Millers Publishing Company Limited is a live company located in manchester, M2 7PE with a Companies House number of 13761876. It operates in the publishing of newspapers sector, SIC Code 58130. Founded in November 2021, it's largest shareholder is janos eichner with a 79.9% stake. The Millers Publishing Company Limited is a startup, small sized company, Pomanda has estimated its turnover at £519.1k with unknown growth in recent years.

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The Millers Publishing Company Limited Health Check

Pomanda's financial health check has awarded The Millers Publishing Company Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £519.1k, make it smaller than the average company (£8m)

£519.1k - The Millers Publishing Company Limited

£8m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - The Millers Publishing Company Limited

- - Industry AVG

production

Production

with a gross margin of 41.6%, this company has a comparable cost of product (41.6%)

41.6% - The Millers Publishing Company Limited

41.6% - Industry AVG

profitability

Profitability

an operating margin of -3.9% make it less profitable than the average company (0.9%)

-3.9% - The Millers Publishing Company Limited

0.9% - Industry AVG

employees

Employees

with 7 employees, this is below the industry average (102)

7 - The Millers Publishing Company Limited

102 - Industry AVG

paystructure

Pay Structure

on an average salary of £43.1k, the company has an equivalent pay structure (£43.1k)

£43.1k - The Millers Publishing Company Limited

£43.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £74.2k, this is less efficient (£105.7k)

£74.2k - The Millers Publishing Company Limited

£105.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - The Millers Publishing Company Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (35 days)

0 days - The Millers Publishing Company Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - The Millers Publishing Company Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1117 weeks, this is more cash available to meet short term requirements (17 weeks)

1117 weeks - The Millers Publishing Company Limited

17 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 15.1%, this is a lower level of debt than the average (44.9%)

15.1% - The Millers Publishing Company Limited

44.9% - Industry AVG

THE MILLERS PUBLISHING COMPANY LIMITED financials

EXPORTms excel logo

The Millers Publishing Company Limited's latest turnover from December 2023 is estimated at £519.1 thousand and the company has net assets of £306.3 thousand. According to their latest financial statements, The Millers Publishing Company Limited has 7 employees and maintains cash reserves of £359.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Nov 2022
Turnover519,110251,365
Other Income Or Grants00
Cost Of Sales303,107139,660
Gross Profit216,004111,705
Admin Expenses236,029145,479
Operating Profit-20,025-33,774
Interest Payable00
Interest Receivable9,840231
Pre-Tax Profit-10,185-33,543
Tax00
Profit After Tax-10,185-33,543
Dividends Paid00
Retained Profit-10,185-33,543
Employee Costs301,700149,662
Number Of Employees74
EBITDA*-19,554-33,499

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Nov 2022
Tangible Assets1,399824
Intangible Assets00
Investments & Other00
Debtors (Due After 1 year)00
Total Fixed Assets1,399824
Stock & work in progress00
Trade Debtors00
Group Debtors00
Misc Debtors00
Cash359,46215,393
misc current assets00
total current assets359,46215,393
total assets360,86116,217
Bank overdraft00
Bank loan00
Trade Creditors 4888
Group/Directors Accounts00
other short term finances00
hp & lease commitments00
other current liabilities16,7211,500
total current liabilities16,7252,388
loans00
hp & lease commitments00
Accruals and Deferred Income00
other liabilities37,86347,371
provisions00
total long term liabilities37,86347,371
total liabilities54,58849,759
net assets306,273-33,542
total shareholders funds306,273-33,542
Dec 2023Nov 2022
Operating Activities
Operating Profit-20,025-33,774
Depreciation471275
Amortisation00
Tax00
Stock00
Debtors00
Creditors-884888
Accruals and Deferred Income15,2211,500
Deferred Taxes & Provisions00
Cash flow from operations-5,217-31,111
Investing Activities
capital expenditure-1,046-1,099
Change in Investments00
cash flow from investments-1,046-1,099
Financing Activities
Bank loans00
Group/Directors Accounts00
Other Short Term Loans 00
Long term loans00
Hire Purchase and Lease Commitments00
other long term liabilities-9,50847,371
share issue350,0001
interest9,840231
cash flow from financing350,33247,603
cash and cash equivalents
cash344,06915,393
overdraft00
change in cash344,06915,393

the millers publishing company limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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The Millers Publishing Company Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for the millers publishing company limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in M 2 area or any other competitors across 12 key performance metrics.

the millers publishing company limited Ownership

THE MILLERS PUBLISHING COMPANY LIMITED group structure

The Millers Publishing Company Limited has no subsidiary companies.

Ultimate parent company

THE MILLERS PUBLISHING COMPANY LIMITED

13761876

THE MILLERS PUBLISHING COMPANY LIMITED Shareholders

janos eichner 79.94%
turi munthe 5.73%
charles lewington 2.87%
richard rivlin 1.72%
mark thompson 1.43%
taymoor atighetchi 1.15%
jack rivlin 1.15%
alexander woolf 1.03%
john ben morrison 1.03%
francis brown 0.92%

the millers publishing company limited directors

The Millers Publishing Company Limited currently has 2 directors. The longest serving directors include Mr Janos Eichner (Nov 2021) and Mr Turi Munthe (Oct 2023).

officercountryagestartendrole
Mr Janos EichnerEngland36 years Nov 2021- Director
Mr Turi MuntheEngland48 years Oct 2023- Director

P&L

December 2023

turnover

519.1k

+107%

operating profit

-20k

0%

gross margin

41.7%

-6.37%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

306.3k

-10.13%

total assets

360.9k

+21.25%

cash

359.5k

+22.35%

net assets

Total assets minus all liabilities

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the millers publishing company limited company details

company number

13761876

Type

Private limited with Share Capital

industry

58130 - Publishing of newspapers

incorporation date

November 2021

age

4

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

IN ACCOUNTANCY LIMITED

auditor

-

address

520, manchester royal exchange o, old bank street, manchester, M2 7PE

Bank

-

Legal Advisor

-

the millers publishing company 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 millers publishing company limited.

the millers publishing company limited 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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the millers publishing company limited Companies House Filings - See Documents

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