glasgow media access centre limited
glasgow media access centre limited Company Information
Company Number
SC155843
Next Accounts
20 days late
Industry
Cultural education
Video production activities
Shareholders
-
Group Structure
View All
Contact
Registered Address
5th floor 103 trongate, glasgow, G1 5HD
Website
http://gmacfilm.comglasgow media access centre limited Estimated Valuation
Pomanda estimates the enterprise value of GLASGOW MEDIA ACCESS CENTRE LIMITED at £403.7k based on a Turnover of £552.6k and 0.73x industry multiple (adjusted for size and gross margin).
glasgow media access centre limited Estimated Valuation
Pomanda estimates the enterprise value of GLASGOW MEDIA ACCESS CENTRE LIMITED at £0 based on an EBITDA of £-30.3k and a 4.33x industry multiple (adjusted for size and gross margin).
glasgow media access centre limited Estimated Valuation
Pomanda estimates the enterprise value of GLASGOW MEDIA ACCESS CENTRE LIMITED at £97.7k based on Net Assets of £45k and 2.17x industry multiple (adjusted for liquidity).
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Glasgow Media Access Centre Limited Overview
Glasgow Media Access Centre Limited is a live company located in glasgow, G1 5HD with a Companies House number of SC155843. It operates in the video production activities sector, SIC Code 59112. Founded in February 1995, it's largest shareholder is unknown. Glasgow Media Access Centre Limited is a mature, small sized company, Pomanda has estimated its turnover at £552.6k with high growth in recent years.
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Glasgow Media Access Centre Limited Health Check
Pomanda's financial health check has awarded Glasgow Media Access Centre Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £552.6k, make it larger than the average company (£376.5k)
£552.6k - Glasgow Media Access Centre Limited
£376.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (5.5%)
20% - Glasgow Media Access Centre Limited
5.5% - Industry AVG
Production
with a gross margin of 65.5%, this company has a comparable cost of product (65.5%)
65.5% - Glasgow Media Access Centre Limited
65.5% - Industry AVG
Profitability
an operating margin of -8% make it less profitable than the average company (4%)
-8% - Glasgow Media Access Centre Limited
4% - Industry AVG
Employees
with 15 employees, this is above the industry average (8)
15 - Glasgow Media Access Centre Limited
8 - Industry AVG
Pay Structure
on an average salary of £25.6k, the company has an equivalent pay structure (£26.8k)
£25.6k - Glasgow Media Access Centre Limited
£26.8k - Industry AVG
Efficiency
resulting in sales per employee of £36.8k, this is less efficient (£59.8k)
£36.8k - Glasgow Media Access Centre Limited
£59.8k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (25 days)
6 days - Glasgow Media Access Centre Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (30 days)
16 days - Glasgow Media Access Centre Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Glasgow Media Access Centre Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 29 weeks, this is less cash available to meet short term requirements (108 weeks)
29 weeks - Glasgow Media Access Centre Limited
108 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.2%, this is a higher level of debt than the average (33.2%)
68.2% - Glasgow Media Access Centre Limited
33.2% - Industry AVG
GLASGOW MEDIA ACCESS CENTRE LIMITED financials
Glasgow Media Access Centre Limited's latest turnover from March 2023 is £552.6 thousand and the company has net assets of £45 thousand. According to their latest financial statements, Glasgow Media Access Centre Limited has 15 employees and maintains cash reserves of £54.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 552,570 | 426,672 | 444,041 | 321,961 | 217,211 | 196,523 | 260,301 | 227,926 | 286,995 | 284,324 | 243,586 | 296,357 | 322,870 | 289,101 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 1,793 | 0 | 3,928 | 598 | 1,136 | 712 | 853 | 324 | 30 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -43,205 | -28,702 | 107,307 | 11,391 | 16,939 | -8,873 | 29,959 | -67,172 | 29,160 | 3,863 | -49,759 | 14,456 | -25,152 | 27,974 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -43,205 | -28,702 | 107,307 | 11,391 | 16,939 | -8,873 | 29,959 | -67,172 | 29,160 | 3,863 | -49,759 | 14,456 | -25,152 | 27,974 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -43,205 | -28,702 | 107,307 | 11,391 | 16,939 | -8,873 | 29,959 | -67,172 | 29,160 | 3,863 | -49,759 | 14,456 | -25,152 | 27,974 |
| Employee Costs | 383,769 | 280,792 | 229,711 | 177,204 | 119,589 | 119,105 | 126,659 | 142,003 | 125,571 | 124,326 | 136,321 | 143,745 | 170,637 | 114,554 |
| Number Of Employees | 15 | 8 | 8 | 7 | 4 | 5 | 6 | 7 | 7 | 7 | 7 | 8 | 11 | 9 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 9,266 | 23,437 | 33,693 | 17,653 | 0 | 415 | 832 | 1,249 | 1,244 | 2,896 | 7,940 | 24,904 | 41,390 | 42,262 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 9,266 | 23,437 | 33,693 | 17,653 | 0 | 415 | 832 | 1,249 | 1,244 | 2,896 | 7,940 | 24,904 | 41,390 | 42,262 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 10,275 | 9,685 | 2,436 | 4,129 | 19,530 | 24,643 | 17,045 | 0 | 0 | 16,041 | 12,602 | 21,360 | 42,311 | 66,046 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 66,727 | 54,540 | 32,109 | 5,100 | 34 | 34 | 155 | 11,517 | 6,575 | 27,710 | 4,793 | 4,372 | 4,157 | 14,328 |
| Cash | 54,937 | 35,370 | 61,942 | 15,737 | 74,207 | 8,112 | 21,791 | 0 | 39,675 | 48,295 | 21,566 | 54,538 | 13,195 | 18,524 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 131,939 | 99,595 | 96,487 | 24,966 | 93,771 | 32,789 | 38,991 | 11,517 | 46,250 | 92,046 | 38,961 | 80,270 | 59,663 | 98,898 |
| total assets | 141,205 | 123,032 | 130,180 | 42,619 | 93,771 | 33,204 | 39,823 | 12,766 | 47,494 | 94,942 | 46,901 | 105,174 | 101,053 | 141,160 |
| Bank overdraft | 7,000 | 5,000 | 0 | 0 | 0 | 0 | 0 | 774 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 8,531 | 20,951 | 8,073 | 4,339 | 4,069 | 10,603 | 5,922 | 28,684 | 16,725 | 43,474 | 39,042 | 54,656 | 40,502 | 26,662 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 3,974 | 23,497 | 11,140 | 10,894 | 7,447 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 80,698 | 8,900 | 1,250 | 5,207 | 67,974 | 9,693 | 6,438 | 23,148 | 3,437 | 53,296 | 13,550 | 6,450 | 30,939 | 51,875 |
| total current liabilities | 96,229 | 34,851 | 13,297 | 33,043 | 83,183 | 31,190 | 19,807 | 52,606 | 20,162 | 96,770 | 52,592 | 61,106 | 71,441 | 78,537 |
| loans | 0 | 0 | 0 | 0 | 12,403 | 20,768 | 29,897 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 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 | 7,859 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 12,403 | 20,768 | 29,897 | 0 | 0 | 0 | 0 | 0 | 0 | 7,859 |
| total liabilities | 96,229 | 34,851 | 13,297 | 33,043 | 95,586 | 51,958 | 49,704 | 52,606 | 20,162 | 96,770 | 52,592 | 61,106 | 71,441 | 86,396 |
| net assets | 44,976 | 88,181 | 116,883 | 9,576 | -1,815 | -18,754 | -9,881 | -39,840 | 27,332 | -1,828 | -5,691 | 44,068 | 29,612 | 54,764 |
| total shareholders funds | 44,976 | 88,181 | 116,883 | 9,576 | -1,815 | -18,754 | -9,881 | -39,840 | 27,332 | -1,828 | -5,691 | 44,068 | 29,612 | 54,764 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 14,171 | 14,171 | 13,192 | 5,884 | 415 | 417 | 417 | 1,661 | 1,652 | 6,408 | 19,521 | 18,881 | 20,182 | 15,715 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 12,777 | 29,680 | 25,316 | -10,335 | -5,113 | 7,477 | 5,683 | 4,942 | -37,176 | 26,356 | -8,337 | -20,736 | -33,906 | 80,374 |
| Creditors | -12,420 | 12,878 | 3,734 | 270 | -6,534 | 4,681 | -22,762 | 11,959 | -26,749 | 4,432 | -15,614 | 14,154 | 13,840 | 26,662 |
| Accruals and Deferred Income | 71,798 | 7,650 | -3,957 | -62,767 | 58,281 | 3,255 | -16,710 | 19,711 | -49,859 | 39,746 | 7,100 | -24,489 | -20,936 | 51,875 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | -3,974 | -19,523 | 12,357 | 246 | 3,447 | 7,447 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | -12,403 | -8,365 | -9,129 | 29,897 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 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 | -7,859 | 7,859 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | -1,793 | 0 | -3,928 | -598 | -1,136 | -712 | -853 | -324 | -30 | 0 |
| cash flow from financing | 0 | -3,974 | -19,523 | -46 | -9,912 | -5,682 | 33,416 | -598 | -1,136 | -712 | -853 | -324 | -7,889 | 34,649 |
| cash and cash equivalents | ||||||||||||||
| cash | 19,567 | -26,572 | 46,205 | -58,470 | 66,095 | -13,679 | 21,791 | -39,675 | -8,620 | 26,729 | -32,972 | 41,343 | -5,329 | 18,524 |
| overdraft | 2,000 | 5,000 | 0 | 0 | 0 | 0 | -774 | 774 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 17,567 | -31,572 | 46,205 | -58,470 | 66,095 | -13,679 | 22,565 | -40,449 | -8,620 | 26,729 | -32,972 | 41,343 | -5,329 | 18,524 |
glasgow media access centre limited Credit Report and Business Information
Glasgow Media Access Centre Limited Competitor Analysis
Perform a competitor analysis for glasgow media access centre limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in G 1 area or any other competitors across 12 key performance metrics.
glasgow media access centre limited Ownership
GLASGOW MEDIA ACCESS CENTRE LIMITED group structure
Glasgow Media Access Centre Limited has no subsidiary companies.
Ultimate parent company
GLASGOW MEDIA ACCESS CENTRE LIMITED
SC155843
glasgow media access centre limited directors
Glasgow Media Access Centre Limited currently has 8 directors. The longest serving directors include Mr Simon Mallinson (Nov 2020) and Mr Atta Yaqub (May 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Mallinson | 64 years | Nov 2020 | - | Director | |
| Mr Atta Yaqub | Scotland | 45 years | May 2021 | - | Director |
| Miss Lindsay O'Donnell | Scotland | 34 years | Jun 2023 | - | Director |
| Mr Mark Langdon | 61 years | Jun 2023 | - | Director | |
| Mrs Nicola Wilson | Scotland | 30 years | Dec 2023 | - | Director |
| Ms Malini Chakrabarty | Scotland | 27 years | Dec 2023 | - | Director |
| Mr John Whyte | Scotland | 33 years | Dec 2023 | - | Director |
| Mr Jamie Cooke | 43 years | Feb 2024 | - | Director |
P&L
March 2023turnover
552.6k
+30%
operating profit
-44.5k
0%
gross margin
65.6%
+2.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
45k
-0.49%
total assets
141.2k
+0.15%
cash
54.9k
+0.55%
net assets
Total assets minus all liabilities
glasgow media access centre limited company details
company number
SC155843
Type
Private Ltd By Guarantee w/o Share Cap
industry
85520 - Cultural education
59112 - Video production activities
85320 - Technical and vocational secondary education
incorporation date
February 1995
age
30
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
glasgow film and video workshop limited (April 2000)
accountant
-
auditor
NELSON GILMOUR SMITH
address
5th floor 103 trongate, glasgow, G1 5HD
Bank
UNITY TRUST BANK, UNITY TRUST BANK, UNITY TRUST BANK
Legal Advisor
-
glasgow media access centre 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 glasgow media access centre limited.
glasgow media access centre limited Capital Raised & Share Issues BETA
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glasgow media access centre limited Companies House Filings - See Documents
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