em news distribution (ni) limited
em news distribution (ni) limited Company Information
Company Number
NI061384
Website
www.emnewsdistribution.comRegistered Address
11 airport road west, belfast, BT3 9ED
Industry
Wholesale of other intermediate products
Telephone
03300248894
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
menzies distribution ltd 75%
menzies distribution limited 25%
em news distribution (ni) limited Estimated Valuation
Pomanda estimates the enterprise value of EM NEWS DISTRIBUTION (NI) LIMITED at £25.5m based on a Turnover of £50.4m and 0.51x industry multiple (adjusted for size and gross margin).
em news distribution (ni) limited Estimated Valuation
Pomanda estimates the enterprise value of EM NEWS DISTRIBUTION (NI) LIMITED at £12.3m based on an EBITDA of £1.9m and a 6.51x industry multiple (adjusted for size and gross margin).
em news distribution (ni) limited Estimated Valuation
Pomanda estimates the enterprise value of EM NEWS DISTRIBUTION (NI) LIMITED at £11.7m based on Net Assets of £6.6m and 1.77x industry multiple (adjusted for liquidity).
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Em News Distribution (ni) Limited Overview
Em News Distribution (ni) Limited is a live company located in belfast, BT3 9ED with a Companies House number of NI061384. It operates in the wholesale of other intermediate products sector, SIC Code 46760. Founded in October 2006, it's largest shareholder is menzies distribution ltd with a 75% stake. Em News Distribution (ni) Limited is a established, large sized company, Pomanda has estimated its turnover at £50.4m with declining growth in recent years.
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Em News Distribution (ni) Limited Health Check
Pomanda's financial health check has awarded Em News Distribution (Ni) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
5 Weak
Size
annual sales of £51.4m, make it larger than the average company (£13.4m)
£51.4m - Em News Distribution (ni) Limited
£13.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (0.2%)
-4% - Em News Distribution (ni) Limited
0.2% - Industry AVG
Production
with a gross margin of 19.3%, this company has a higher cost of product (25%)
19.3% - Em News Distribution (ni) Limited
25% - Industry AVG
Profitability
an operating margin of 4.7% make it less profitable than the average company (6.7%)
4.7% - Em News Distribution (ni) Limited
6.7% - Industry AVG
Employees
with 86 employees, this is above the industry average (28)
86 - Em News Distribution (ni) Limited
28 - Industry AVG
Pay Structure
on an average salary of £26.5k, the company has a lower pay structure (£43.5k)
£26.5k - Em News Distribution (ni) Limited
£43.5k - Industry AVG
Efficiency
resulting in sales per employee of £597.6k, this is more efficient (£373.5k)
£597.6k - Em News Distribution (ni) Limited
£373.5k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (60 days)
8 days - Em News Distribution (ni) Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is quicker than average (32 days)
28 days - Em News Distribution (ni) Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 8 days, this is less than average (62 days)
8 days - Em News Distribution (ni) Limited
62 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Em News Distribution (ni) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 65.6%, this is a higher level of debt than the average (45.1%)
65.6% - Em News Distribution (ni) Limited
45.1% - Industry AVG
EM NEWS DISTRIBUTION (NI) LIMITED financials
Em News Distribution (Ni) Limited's latest turnover from December 2022 is £50.4 million and the company has net assets of £6.6 million. According to their latest financial statements, Em News Distribution (Ni) Limited has 77 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Jan 2022 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 50,423,000 | 51,390,000 | 50,460,000 | 57,766,000 | 58,751,000 | 61,439,000 | 57,893,000 | 61,902,000 | 64,261,000 | 59,820,790 | 60,964,218 | 64,966,207 | 67,212,607 | 71,955,710 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||||||
| Cost Of Sales | 40,592,000 | 41,483,000 | 41,158,000 | 47,541,000 | ||||||||||
| Gross Profit | 9,831,000 | 9,907,000 | 9,302,000 | 10,225,000 | ||||||||||
| Admin Expenses | 8,336,000 | 7,493,000 | 7,310,000 | 7,859,000 | ||||||||||
| Operating Profit | 1,495,000 | 2,414,000 | 1,992,000 | 2,366,000 | 2,175,000 | 2,073,000 | 1,911,404 | 1,650,885 | 1,923,851 | 2,365,983 | 2,585,034 | |||
| Interest Payable | 109,000 | 109,000 | 124,000 | 124,000 | 0 | 0 | 0 | 0 | 0 | 0 | 101 | 0 | 2,730 | 43,245 |
| Interest Receivable | 0 | 0 | 0 | 0 | 5,000 | 0 | 0 | 0 | 0 | 41 | 0 | 482 | 1,075 | 4,712 |
| Pre-Tax Profit | 1,386,000 | 2,305,000 | 1,731,000 | 2,242,000 | 2,180,000 | 2,073,000 | 2,229,000 | 2,142,000 | 2,170,000 | 1,911,445 | 1,650,784 | 1,924,333 | 2,364,328 | 2,546,501 |
| Tax | -265,000 | -463,000 | -308,000 | -427,000 | -174,000 | -427,000 | -457,000 | -440,000 | -475,000 | -444,933 | -404,113 | -508,989 | -654,694 | -728,242 |
| Profit After Tax | 1,121,000 | 1,842,000 | 1,423,000 | 1,815,000 | 2,006,000 | 1,646,000 | 1,772,000 | 1,702,000 | 1,695,000 | 1,466,512 | 1,246,671 | 1,415,344 | 1,709,634 | 1,818,259 |
| Dividends Paid | 0 | 0 | 0 | 3,000,000 | 3,000,000 | 1,719,000 | 1,717,000 | 1,706,000 | 4,129,000 | 0 | 0 | 1,709,363 | 279,840 | 0 |
| Retained Profit | 1,121,000 | 1,842,000 | 1,423,000 | -1,185,000 | -994,000 | -73,000 | 55,000 | -4,000 | -2,434,000 | 1,466,512 | 1,246,671 | -294,019 | 1,429,794 | 1,818,259 |
| Employee Costs | 2,141,000 | 2,275,000 | 2,512,000 | 2,719,000 | 2,685,000 | 2,961,000 | 2,933,000 | 3,199,000 | 3,256,000 | 3,312,658 | 3,247,789 | 3,392,180 | 3,407,907 | 3,479,846 |
| Number Of Employees | 77 | 86 | 106 | 117 | 121 | 128 | 123 | 150 | 141 | 148 | 190 | 190 | 191 | 190 |
| EBITDA* | 1,881,000 | 2,798,000 | 2,368,000 | 2,777,000 | 2,032,000 | 2,225,000 | 2,127,040 | 1,886,147 | 2,219,165 | 2,699,268 | 2,947,629 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Jan 2022 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,517,000 | 24,654,000 | 15,871,000 | 3,514,000 | 522,000 | 585,000 | 661,000 | 863,000 | 1,099,000 | 1,200,965 | 1,352,013 | 1,561,411 | 1,843,771 | 2,156,587 |
| Intangible Assets | 10,000 | 20,000 | 30,000 | 40,000 | 50,000 | 60,000 | 70,000 | 80,000 | 90,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 |
| Investments & Other | 8,000 | 0 | 0 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 13,964,000 | 11,007,000 | 6,512,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 16,499,000 | 13,667,000 | 9,389,000 | 3,564,000 | 572,000 | 645,000 | 731,000 | 943,000 | 1,189,000 | 1,300,965 | 1,452,013 | 1,661,411 | 1,943,771 | 2,256,587 |
| Stock & work in progress | 946,000 | 995,000 | 818,000 | 969,000 | 977,000 | 909,000 | 935,000 | 1,011,000 | 1,022,000 | 940,744 | 1,125,532 | 905,171 | 1,017,687 | 803,410 |
| Trade Debtors | 1,564,000 | 1,203,000 | 1,420,000 | 1,732,000 | 2,815,000 | 1,898,000 | 2,052,000 | 3,534,000 | 2,497,000 | 2,986,865 | 2,947,451 | 2,434,823 | 2,935,238 | 2,720,848 |
| Group Debtors | 0 | 0 | 0 | 3,015,000 | 3,969,000 | 5,451,000 | 5,008,000 | 5,106,000 | 5,399,000 | 7,561,950 | 5,841,191 | 5,155,223 | 4,527,065 | 6,103,352 |
| Misc Debtors | 181,000 | 154,000 | 96,000 | 295,000 | 105,000 | 39,000 | 95,000 | 95,000 | 97,000 | 219,771 | 384,615 | 219,194 | 194,994 | 467,550 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 105,000 | 105,000 | 105,000 | 105,433 | 105,394 | 105,394 | 104,912 | 103,837 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,691,000 | 2,352,000 | 2,334,000 | 6,011,000 | 7,866,000 | 8,297,000 | 8,195,000 | 9,851,000 | 9,120,000 | 11,814,763 | 10,404,183 | 8,819,805 | 8,779,896 | 10,198,997 |
| total assets | 19,190,000 | 16,019,000 | 11,723,000 | 9,575,000 | 8,438,000 | 8,942,000 | 8,926,000 | 10,794,000 | 10,309,000 | 13,115,728 | 11,856,196 | 10,481,216 | 10,723,667 | 12,455,584 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,348,000 | 3,196,000 | 2,617,000 | 2,917,000 | 4,269,000 | 3,745,000 | 3,763,000 | 5,496,000 | 4,849,000 | 5,118,308 | 5,387,651 | 5,389,437 | 5,204,624 | 8,044,980 |
| Group/Directors Accounts | 5,908,000 | 0 | 0 | 223,000 | 0 | 0 | 0 | 0 | 6,000 | 218,033 | 0 | 4,698 | 5,240 | 510,181 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 287,000 | 290,000 | 237,000 | 262,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 840,000 | 4,764,000 | 2,789,000 | 1,023,000 | 744,000 | 778,000 | 671,000 | 618,000 | 759,000 | 633,491 | 762,415 | 608,539 | 707,894 | 498,267 |
| total current liabilities | 10,383,000 | 8,250,000 | 5,643,000 | 4,425,000 | 5,013,000 | 4,523,000 | 4,434,000 | 6,114,000 | 5,614,000 | 5,969,832 | 6,150,066 | 6,002,674 | 5,917,758 | 9,053,428 |
| loans | 0 | 4,528,000 | 4,834,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 2,181,000 | 2,264,000 | 2,417,000 | 2,910,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11,000 | 28,359 | 55,105 | 74,188 | 107,536 | 133,577 |
| total long term liabilities | 2,181,000 | 2,264,000 | 2,417,000 | 2,910,000 | 0 | 0 | 0 | 0 | 11,000 | 28,359 | 55,105 | 74,188 | 107,536 | 133,577 |
| total liabilities | 12,564,000 | 10,514,000 | 8,060,000 | 7,335,000 | 5,013,000 | 4,523,000 | 4,434,000 | 6,114,000 | 5,625,000 | 5,998,191 | 6,205,171 | 6,076,862 | 6,025,294 | 9,187,005 |
| net assets | 6,626,000 | 5,505,000 | 3,663,000 | 2,240,000 | 3,425,000 | 4,419,000 | 4,492,000 | 4,680,000 | 4,684,000 | 7,117,537 | 5,651,025 | 4,404,354 | 4,698,373 | 3,268,579 |
| total shareholders funds | 6,626,000 | 5,505,000 | 3,663,000 | 2,240,000 | 3,425,000 | 4,419,000 | 4,492,000 | 4,680,000 | 4,684,000 | 7,117,537 | 5,651,025 | 4,404,354 | 4,698,373 | 3,268,579 |
| Dec 2022 | Jan 2022 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 1,495,000 | 2,414,000 | 1,992,000 | 2,366,000 | 2,175,000 | 2,073,000 | 1,911,404 | 1,650,885 | 1,923,851 | 2,365,983 | 2,585,034 | |||
| Depreciation | 376,000 | 384,000 | 376,000 | 401,000 | -133,000 | 142,000 | 236,000 | 218,000 | 215,636 | 235,262 | 295,314 | 333,285 | 362,595 | |
| Amortisation | 10,000 | 0 | 0 | 10,000 | -10,000 | 10,000 | 10,000 | 10,000 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -265,000 | -463,000 | -308,000 | -427,000 | -174,000 | -427,000 | -457,000 | -440,000 | -475,000 | -444,933 | -404,113 | -508,989 | -654,694 | -728,242 |
| Stock | 946,000 | 995,000 | -151,000 | -8,000 | 68,000 | -26,000 | -76,000 | -11,000 | 81,256 | -184,788 | 220,361 | -112,516 | 214,277 | 803,410 |
| Debtors | 15,709,000 | 12,364,000 | 2,986,000 | -1,847,000 | -499,000 | 233,000 | -1,580,000 | 742,000 | -2,775,586 | 1,595,329 | 1,364,017 | 151,943 | -1,634,453 | 9,291,750 |
| Creditors | 3,348,000 | 3,196,000 | -300,000 | -1,352,000 | 524,000 | -18,000 | -1,733,000 | 647,000 | -269,308 | -269,343 | -1,786 | 184,813 | -2,840,356 | 8,044,980 |
| Accruals and Deferred Income | 840,000 | 4,764,000 | 1,766,000 | 279,000 | -34,000 | 107,000 | 53,000 | -141,000 | 125,509 | -128,924 | 153,876 | -99,355 | 209,627 | 498,267 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -11,000 | -17,359 | -26,746 | -19,083 | -33,348 | -26,041 | 133,577 |
| Cash flow from operations | -10,851,000 | -3,064,000 | 691,000 | 3,132,000 | 2,779,000 | 1,680,000 | -153,447 | 30,663 | 1,722,859 | 807,980 | 801,051 | |||
| Investing Activities | ||||||||||||||
| capital expenditure | -66,000 | -27,000 | 0 | -115,000 | 0 | 0 | 0 | 0 | 0 | |||||
| Change in Investments | 8,000 | 0 | -10,000 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -66,000 | -27,000 | 0 | -115,000 | 0 | 0 | 0 | 0 | 0 | |||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 5,908,000 | 0 | -223,000 | 223,000 | 0 | 0 | 0 | -6,000 | -212,033 | 218,033 | -4,698 | -542 | -504,941 | 510,181 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 4,528,000 | 4,834,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 2,468,000 | 2,554,000 | -518,000 | 3,172,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -109,000 | -109,000 | -124,000 | -124,000 | 5,000 | 0 | 0 | 0 | 0 | 41 | -101 | 482 | -1,655 | -38,533 |
| cash flow from financing | 13,772,000 | 10,636,000 | 3,969,000 | 3,271,000 | 5,000 | 0 | -243,000 | -6,000 | -211,570 | 218,074 | -4,799 | -60 | -506,596 | 1,921,968 |
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -105,000 | 0 | 0 | -433 | 39 | 0 | 482 | 1,075 | 103,837 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -105,000 | 0 | 0 | -433 | 39 | 0 | 482 | 1,075 | 103,837 |
em news distribution (ni) limited Credit Report and Business Information
Em News Distribution (ni) Limited Competitor Analysis
Perform a competitor analysis for em news distribution (ni) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
em news distribution (ni) limited Ownership
EM NEWS DISTRIBUTION (NI) LIMITED group structure
Em News Distribution (Ni) Limited has no subsidiary companies.
Ultimate parent company
2 parents
EM NEWS DISTRIBUTION (NI) LIMITED
NI061384
em news distribution (ni) limited directors
Em News Distribution (Ni) Limited currently has 2 directors. The longest serving directors include Mr Paul McCourt (Nov 2013) and Mr Gregory Michael (Sep 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul McCourt | 49 years | Nov 2013 | - | Director | |
| Mr Gregory Michael | Scotland | 56 years | Sep 2018 | - | Director |
P&L
December 2022turnover
50.4m
0%
operating profit
1.5m
0%
gross margin
19.5%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
6.6m
0%
total assets
19.2m
0%
cash
0
0%
net assets
Total assets minus all liabilities
em news distribution (ni) limited company details
company number
NI061384
Type
Private limited with Share Capital
industry
46760 - Wholesale of other intermediate products
incorporation date
October 2006
age
18
accounts
Full Accounts
ultimate parent company
previous names
ferndale trading limited (October 2006)
incorporated
UK
address
11 airport road west, belfast, BT3 9ED
last accounts submitted
December 2022
em news distribution (ni) 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 found 3 charges/mortgages relating to em news distribution (ni) limited. Currently there are 2 open charges and 1 have been satisfied in the past.
em news distribution (ni) limited Companies House Filings - See Documents
| date | description | view/download |
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