Mediaworks Holdings Ltd in Gateshead, NE11 9SZ

Description

Data updated on: 01-11-2023

Mediaworks Holdings started its operations in 2019 as a Private Limited Company with reg. no. 12268952. This company has operated for five years and the present status is active. This company's registered office is registered in Gateshead at Floor 2 Honeycomb. You could also find this business by the area code of NE11 9SZ. The firm's registered with SIC code 64209, that means Activities of other holding companies n.e.c.. Fri, 31st Mar 2023 is the last time when company accounts were reported.

When it comes to this particular company's register, since February 1, 2021 there have been five directors to name just a few: Gillian H., Mark R. and Daniel H.. To find professional help with legal documentation, the abovementioned firm has been utilizing the skillset of Mark R. as a secretary since October 2019.

Brett J. is the individual who controls this firm, owns over 1/2 to 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	10 288	4 447	7 703
Current Assets	257 243	189 460	198 943
Debtors	246 955	185 013	191 240
Net Assets Liabilities	3 097 755	3 068 490	3 068 565
Other Debtors	238 621	181 679	191 240

Other Financial Data
Audit Fees Expenses	18 250	19 500
Taxation Compliance Services Fees	1 750	1 750
Accrued Income	162 362	73 842
Accrued Liabilities Deferred Income		1 800 523	470 625
Accumulated Amortisation Impairment Intangible Assets	602 611	1 054 570	1 506 529
Accumulated Depreciation Impairment Property Plant Equipment	143 844	194 008	202 303
Acquired Through Business Combinations Intangible Assets	4 519 586
Acquired Through Business Combinations Property Plant Equipment	172 888
Acquisition Non-controlling Interests Decrease Increase In Equity	25
Additions Other Than Through Business Combinations Intangible Assets	339 891	344 053	329 983
Additions Other Than Through Business Combinations Property Plant Equipment	81 740	84 351	189 429
Administration Support Average Number Employees	113	161
Administrative Expenses	4 873 068	5 695 906
Amortisation Expense Intangible Assets	604 351	671 980
Amounts Owed To Group Undertakings		500 795	659 523
Amounts Owed To Related Parties	267 039	500 795
Applicable Tax Rate	19	19
Average Number Employees During Period	113	5	5
Balances With Banks	10 288	4 447
Bank Borrowings	841 667	842 945	550 433
Bank Borrowings Overdrafts		563 784	293 204
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment		295 449	425 572
Cash Cash Equivalents		1 819 173	1 368 283
Cash Cash Equivalents Acquired	-862 155
Cash Cash Equivalents Cash Flow Value	1 414 721
Cash Transferred To Acquire Entity	1 500 000
Comprehensive Income Expense	730 057	407 374	-407 445
Corporation Tax Payable		122 406	16 031
Corporation Tax Recoverable			40 000
Cost Sales	2 240 726	2 521 129	2 947 228
Creditors	2 341 667	1 779 161	1 433 498
Current Tax For Period	115 983	124 453	15 873
Debt Funds Acquired With Subsidiaries	-697 894
Deferred Tax Expense Credit From Unrecognised Tax Loss Or Credit		32 645
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period		2 795
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws	5 381	52 279
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	81 166	35 142	6 564
Deferred Tax Liabilities	-1 431	-1 866
Depreciation Amortisation Expense	722 797	779 163
Depreciation Expense Property Plant Equipment	118 446	107 183
Disposals Decrease In Depreciation Impairment Property Plant Equipment		-5 165
Disposals Property Plant Equipment		-6 030
Dividend Declared Payable	238 521	181 579
Dividend Per Share Interim	0	0
Dividends Paid	-700 008	-436 639
Dividends Paid Classified As Financing Activities	-461 487	-436 639	-155 000
Dividends Paid On Shares Interim	700 008	436 639
Dividends Paid To Owners Parent Classified As Financing Activities			-155 000
Financial Assets Acquired	2 087 810
Financial Liabilities Assumed	-1 038 310
Fixed Assets	4 824 517	4 570 475
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities	1 500 000
Further Item Increase Decrease In Intangible Assets Component Total Change In Intangible Assets	113 113	39 711
Further Item Tax Increase Decrease Component Adjusting Items		52 279	2 568
Future Minimum Lease Payments Under Non-cancellable Operating Leases	79 594	114 084
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	944 876	1 041 309
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	419 615	799 438
Gain Loss On Disposals Property Plant Equipment		1 744
Goodwill Arising On Business Combination	4 519 586
Government Grant Income	201 951	4 736
Gross Profit Loss	5 569 625	6 472 274
Income Taxes Paid Refund Classified As Operating Activities	215 120	73 367	-161 415
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	1 414 721	404 452
Increase Decrease In Current Tax From Adjustment For Prior Periods		-2 793	-833
Increase Decrease In Net Debt From Cash Flows	-526 437	700 559
Increase From Amortisation Charge For Year Intangible Assets	602 611	451 959	451 959
Increase From Depreciation Charge For Year Property Plant Equipment	51 209	55 329	59 306
Intangible Assets	3 916 975	615 007	598 230
Intangible Assets Gross Cost	4 519 586	4 519 586	4 519 586
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss	59 937	34 223
Interest Expense On Preference Shares Classified As Debt	75 000	75 000
Interest Paid Classified As Financing Activities	-59 937	-34 223
Interest Paid Classified As Operating Activities	134 937	109 223	-161 730
Interest Payable Similar Charges Finance Costs	134 937	109 223	161 730
Investments Fixed Assets	6 060 124	6 060 349	6 060 349
Investments In Subsidiaries	6 060 124	6 060 349	6 060 349
Issue Equity Instruments	3 000 099
Minimum Operating Lease Payments Recognised As Expense	133 463	100 097
Net Cash Flows From Used In Financing Activities	685 360	-823 911
Net Cash Flows From Used In Investing Activities	-1 234 659	-523 377
Net Cash Flows From Used In Operating Activities	1 964 020	1 751 740
Net Cash Generated From Operations	2 179 140	1 825 107	-981 523
Net Cash Inflow Outflow From Operations Before Movements In Working Capital	1 653 879	1 583 236
Net Cash Outflow Inflow On Business Combination	697 894
Net Current Assets Liabilities	-620 702	-1 212 698
Net Debt Funds	-1 224 331	-523 772
Net Identifiable Assets Liabilities Acquired	1 540 463
Nominal Value Allotted Share Capital	2 655 883	2 655 883
Number Shares Issued Fully Paid	3 529 413	3 529 413
Operating Profit Loss	931 082	805 817
Other Creditors	4 124	143 380	143 374
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment			1 842
Other Disposals Property Plant Equipment			5 114
Other Operating Income Format1	234 525	29 449
Other Payables Accrued Expenses	75 000	153 000
Other Remaining Borrowings		1 500 000	1 500 000
Ownership Interest In Subsidiary Percent	75	100
Par Value Share	0	0
Pension Costs Defined Contribution Plan	127 623	216 419
Pension Other Post-employment Benefit Costs Other Pension Costs			128 063
Percentage Voting Equity Interests Acquired	100
Prepayments	8 334	3 334
Prepayments Accrued Income		271 056	293 246
Proceeds From Issuing Shares	100
Proceeds From Sales Property Plant Equipment		2 609
Proceeds From Share-based Payment Schemes Exercise Options	67 607
Profit Loss	730 057	407 374	407 445
Profit Loss Acquiree	1 435 332
Profit Loss Attributable To Non-controlling Interests	7 313	-55 134
Profit Loss Attributable To Owners Parent	586 302	539 852
Profit Loss On Ordinary Activities Before Tax	796 145	696 594
Property Plant Equipment Acquired	490 963
Property Plant Equipment Gross Cost	254 628	332 949	627 875
Provisions For Liabilities Balance Sheet Subtotal	132 346	222 561
Purchase Intangible Assets	-453 004	-383 764
Purchase Property Plant Equipment	-83 761	-142 222
Redeemable Preference Shares Liability	1 500 000	1 500 000	1 500 000
Repayments Borrowings Classified As Financing Activities	-360 948	-296 107
Revenue Acquiree	7 202 393
Revenue From Sale Goods	7 810 351	8 993 403
Social Security Costs	548 046	512 396
Staff Costs Employee Benefits Expense	5 216 645	6 011 737	7 390 399
Taxation Including Deferred Taxation Balance Sheet Subtotal		222 561	229 125
Taxation Social Security Payable	679 109	700 699
Tax Decrease Increase From Effect Revenue Exempt From Taxation	-1 948	7 338	72 407
Tax Expense Credit Applicable Tax Rate	151 268	132 353
Tax Increase Decrease Arising From Group Relief Tax Reconciliation			35 007
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit	-103 566	-119 918	-146 329
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	156 776	121 853	283 774
Tax Tax Credit On Profit Or Loss On Ordinary Activities	202 530	211 876	21 604
Total Assets Less Current Liabilities	5 439 422	4 847 651
Total Borrowings	2 341 667	563 784	293 204
Total Consideration Transferred Including Settlement Pre-existing Relationship	6 060 049
Total Current Tax Expense Credit		123 573	15 040
Total Deferred Tax Expense Credit	86 547	90 216
Trade Creditors Trade Payables	98 583	3 000	10 146
Trade Debtors Trade Receivables		2 163 152	2 155 220
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment			1 857
Transfer To Non-current Assets Or Disposal Groups Held For Sale Decrease In Depreciation Impairment Property Plant Equipment			428
Turnover Revenue	7 502 843	8 637 536
Useful Life Goodwill In Years	10
Wages Salaries	4 540 976	5 282 922	6 575 865
Company Contributions To Money Purchase Plans Directors	9 862	6 521
Director Remuneration	410 796	346 462
Dividend Recommended By Directors	238 521	181 579

Company staff

Gillian H.

Role: Director

Appointed: 01 February 2021

Latest update: 10 April 2024