Do you have a dispute with a business?
Make it public
FINANCIAL TIMES (ASC) LIMITED
BRACKEN HOUSE, 1 FRIDAY STREET, LONDON, EC4M 9BTPrevious name: FINANCIAL TIMES (SCP) LIMITED (changed on 09-Apr-2013)
Previous name: ST.CLEMENTS PRESS LIMITED (changed on 14-Dec-2010)
Company Number: 00519261
Incorporation date: 02-May-1953
Status: Active
Entity type: Private Limited Company
SIC codes:
58130 Publishing of newspapers
SUMMARY
This company is 72 years old and is currently active. It is controlled by The Financial Times Limited. The company has negative equity (net assets) of GBP -807 thousand but has improved from GBP -931 thousand in the previous year. The latest reported revenue figure is GBP 3.5 million which is up 173600% on previous year's figure of GBP 2 thousand. Retained earnings is negative (GBP -1.5 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 2 active officers (directors or partners) who are or were officers of 19 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Sep-2025Accounts Filed: FULL (31-Dec-2023)
P&L Financials:
| Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
|---|---|---|---|---|---|---|---|
| 31-Dec-2018 | GBP | 3,474,000 | -30,000 | ||||
| 31-Dec-2017 | GBP | 2,000 | 3,000 | 5,000 | 304,000 | ||
| 31-Dec-2016 | GBP | 5,521,000 | 754,000 | -150,000 | |||
| 31-Dec-2015 | GBP | ||||||
| 31-Dec-2014 | GBP | 6,024,000 | -31,000 | 6,000 | -25,000 | ||
| 31-Dec-2013 | GBP | 6,824,000 | 235,000 | 55,000 | 180,000 | ||
| 31-Dec-2012 | GBP | 7,982,000 | 224,000 | 57,000 | 167,000 | ||
| 31-Dec-2011 | GBP | 8,865,000 | 806,000 | 215,000 | 591,000 | ||
| 31-Dec-2010 | GBP | 9,281,000 | 349,000 | 99,000 | 250,000 |
Balance Sheet Financials:
| Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
|---|---|---|---|---|---|---|---|---|---|
| 31-Dec-2018 | GBP | 82,000 | 823,000 | 710,000 | -1,516,000 | -807,000 | |||
| 31-Dec-2017 | GBP | 1,000 | 951,000 | 710,000 | -1,641,000 | -931,000 | |||
| 31-Dec-2016 | GBP | 1,258,000 | 9,710,000 | -1,945,000 | -1,235,000 | ||||
| 31-Dec-2015 | GBP | 7,000 | 1,869,000 | 710,000 | -2,549,000 | -1,839,000 | |||
| 31-Dec-2014 | GBP | 19,000 | 1,940,000 | 710,000 | -2,602,000 | -1,892,000 | |||
| 31-Dec-2013 | GBP | 13,000 | 1,915,000 | 710,000 | -2,577,000 | -1,867,000 | |||
| 31-Dec-2012 | GBP | 21,000 | 2,091,000 | 710,000 | 2,757,000 | -2,047,000 | |||
| 31-Dec-2011 | GBP | 17,000 | 2,304,000 | 710,000 | -2,924,000 | -2,214,000 | |||
| 31-Dec-2010 | GBP | 2,927,000 | 710,000 |
VALUATION EVENTS (BETA)
| Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
|---|---|---|---|---|---|---|
| 31-Dec-2017 | GBP | -1,267.61% | -9,000,000 | 9,710,000 | 710,000 | 5,210,000 |
| 31-Dec-2016 | GBP | 92.69% | 9,000,000 | 710,000 | 9,710,000 | 5,210,000 |
** Estimated based on average Cash and Debt levels during period
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
|---|---|---|---|---|---|---|
| Active | Mark AGNEW | 24 Jun 2016 | 24 Apr 2025 | 1 - 0 | ||
| Resigned | Elaine RICHARDSON | 31 Mar 2010 | 17 Mar 2011 | 0 - 1 | ||
| Resigned | Anne LISTER | 11 Jul 2008 | 02 Feb 2009 | Other | 0 - 9 | |
| Active | Alison Mary FORTESCUE | 12 Mar 2001 | 24 Apr 2025 | British | 19 - 31 | |
| Resigned | Graham LEACH | 08 Nov 1997 | 12 Mar 2001 | British | 0 - 32 | |
| Resigned | Martin Wright CREASEY | 01 Jul 1997 | 07 Nov 1997 | British | 0 - 22 | |
| Resigned | Andrew Mark DAW | 11 Mar 1996 | 01 Jul 1997 | Company Secretary | British | 0 - 29 |
| Resigned | Kelvin Charles BOSSEY | 18 Aug 1995 | 11 Mar 1996 | British | 0 - 52 | |
| Resigned | David BLACKNELL | 18 Aug 1995 | British | 0 - 115 |
DIRECTORS
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
|---|---|---|---|---|---|---|---|
| Active | Janet Ann WHITE | 06 May 2022 | Director | British | 3 - 0 | 0 (0.0%) | |
| Resigned | Peter Charles SLAUGHTER | 05 Mar 2014 | 06 May 2022 | Global Operations Director | British | 0 - 2 | 0 (0.0%) |
| Active | James Douglas LUND | 01 Jan 2014 | Management Accountant | British | 17 - 2 | 0 (0.0%) | |
| Resigned | Benjamin Mark HUGHES | 06 Feb 2013 | 29 Jul 2016 | Newspaper Director | British | 0 - 24 | 6 (25.0%) |
| Resigned | Anastasios VIGLATZIS | 06 Feb 2013 | 30 Nov 2015 | Finance Director | British | 0 - 18 | 0 (0.0%) |
| Resigned | John Joseph RIDDING | 13 Dec 2010 | 06 Feb 2013 | Ceo | British | 2 - 7 | 1 (11.1%) |
| Resigned | Gregory Jannig ZORTHIAN | 31 Aug 2007 | 13 Dec 2010 | Publishing Executive | United States | 0 - 3 | 1 (33.3%) |
| Resigned | Timothy Scott HENDERSON | 01 Jan 2007 | 06 Feb 2013 | Director | Canadian | 0 - 18 | 3 (16.7%) |
| Resigned | Katherine Therese KOCH | 15 May 2006 | 31 Dec 2006 | Chief Financial Officer | Australian | 0 - 13 | 4 (30.8%) |
| Resigned | Michael RZESNITZEK | 01 Feb 2005 | 31 Aug 2007 | Emea Managing Director | German | 0 - 8 | 2 (25.0%) |
| Resigned | Steven Charles INCHCOOMBE | 15 Dec 2003 | 15 May 2006 | Company Director | British | 10 - 26 | 13 (36.1%) |
| Resigned | Zachary Roger LEONARD | 01 Jun 2002 | 15 Sep 2004 | Media & Marketing Executive | American | 1 - 14 | 4 (26.7%) |
| Resigned | Bruce FORBES | 01 Jun 2002 | 15 Dec 2003 | Operations Director | British | 2 - 7 | 4 (44.4%) |
| Resigned | Owen Francis O'DONNELL | 10 Apr 2002 | 05 Jul 2002 | Finance Director | British | 0 - 28 | 5 (17.9%) |
| Resigned | Michael MURPHY | 16 Nov 2001 | 15 Mar 2002 | Company Director | British | 0 - 30 | 14 (46.7%) |
| Resigned | Katherine Therese KOCH | 16 Nov 2001 | 18 Mar 2002 | Chartered Accountant | Australian | 0 - 1 | 0 (0.0%) |
| Resigned | Olivier Henri FLEUROT | 15 Nov 1999 | 01 Jun 2002 | Managing Director | French | 0 - 22 | 7 (31.8%) |
| Resigned | Ivor BARRY JONES | 28 Jul 1997 | 12 Jan 2001 | Publishing Director | Irish | 1 - 1 | 0 (0.0%) |
| Resigned | Stephen Guy HILL | 28 Jul 1997 | 01 Apr 2002 | Company Director | British | 0 - 15 | 1 (6.7%) |
| Resigned | Dominic Jonathan HARDISTY | 28 Jul 1997 | 12 Apr 2000 | Company Director | British | 0 - 10 | 7 (70.0%) |
| Resigned | Richard Stuart LEISHMAN | 28 Jul 1997 | 31 Dec 1999 | Finance Director | British | 0 - 18 | 6 (33.3%) |
| Resigned | Barry George GILBERT | 17 Aug 1994 | 11 Jul 1997 | Managing Director | British | 0 - 2 | 0 (0.0%) |
| Resigned | John Crowther MAKINSON | 06 Apr 1994 | 01 Mar 1996 | Managing Director | British | 0 - 58 | 21 (36.2%) |
| Resigned | Peter George Ava MILLS | 31 Jul 1997 | Production Director | British | 0 - 2 | 0 (0.0%) | |
| Resigned | Alan Charles MILLER | 01 Oct 1997 | Finance Director | British | 0 - 79 | 36 (45.6%) | |
| Resigned | Richard Arthur Francis MCCLEAN | 02 Apr 1993 | Newspaper Director | British | 0 - 16 | 7 (43.8%) |
Average tenure of active directors: 7.1 years
Average tenure of resigned directors: 2.4 years
Average active director Dissolution Rate: 0.0%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
| Shareholder name | Share class | Shares at confirmation date | ||||
|---|---|---|---|---|---|---|
| 2017-06-08 | 2016-06-08 | 2015-06-08 | 2014-06-08 | 2013-06-08 | ||
| THE FINANCIAL TIMES LIMITED | ORD ?1 | 710,355 100% | 0 0% | 0 0% | 0 0% | 0 0% |
| THE FINANCIAL TIMES LIMITED | ORD 1 | 0 0% | 710,355 100% | 710,355 100% | 710,355 100% | 710,355 100% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
FINANCIAL TIMES (ASC) LIMITED
no controlled companies
LATE PAYMENTS REPORT
| Start date | End date | Average days to pay | % invoices paid over 60 days | % invoices not paid within agreed terms | Gov.uk report |
|---|---|---|---|---|---|
| 2021-07-01 | 2021-12-31 | % | 0% | 53777 | |
| 2021-01-01 | 2021-06-30 | % | % | 46114 | |
| 2020-07-01 | 2020-12-31 | % | % | 39215 | |
| 2020-01-01 | 2020-06-30 | % | % | 35677 | |
| 2019-07-01 | 2019-12-31 | % | % | 25268 | |
| 2019-01-01 | 2019-06-30 | % | % | 19029 | |
| 2018-07-01 | 2018-12-31 | % | % | 19033 | |
| 2018-01-01 | 2018-06-30 | % | % | 6165 |
COURT CASES
No Court Cases found
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
58130 Publishing of newspapers)
| Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
|---|---|---|---|---|---|---|
| ASSOCIATED NEWSPAPERS LIMITED | NORTHCLIFFE HOUSE, 2 DERRY STREET, LONDON, W8 5TT | 00084121 | 2017-10-01 | 676,277,000 | 13,825,000 | |
| FINANCIAL TIMES LIMITED(THE) | BRACKEN HOUSE, 1 FRIDAY STREET, LONDON, ENGLAND, EC4M 9BT | 00227590 | 2017-12-31 | 321,434,000 | 5,383,000 | |
| TELEGRAPH MEDIA GROUP LIMITED | 111 BUCKINGHAM PALACE ROAD, LONDON, SW1W 0DT | 00451593 | 2017-12-31 | 278,100,000 | 12,700,000 | |
| GUARDIAN MEDIA GROUP PLC | KINGS PLACE, 90 YORK WAY, LONDON, ENGLAND, ENGLAND, N1 9GU | 00094531 | 2018-04-01 | 217,000,000 | 19,800,000 | |
| JOHNSTON PUBLISHING LIMITED | SHIP CANAL HOUSE 8TH FLOOR, 98 KING STREET, MANCHESTER, M2 4WB | 01919088 | 2017-12-30 | 171,506,000 | -18,483,000 | |
| EXPRESS NEWSPAPERS | ONE CANADA SQUARE, CANARY WHARF, LONDON, UNITED KINGDOM, E14 5AP | 00141748 | 2017-12-31 | 165,330,000 | 20,896,000 | |
| LOCAL WORLD LIMITED | ONE CANADA SQUARE, CANARY WHARF, LONDON, E14 5AP | 08290481 | 2017-12-31 | 147,548,000 | 1,135,000 | |
| NEWSQUEST MEDIA GROUP LIMITED | NEWSQUEST MEDIA GROUP LTD 1ST FLOOR, CHARTIST TOWER, UPPER DOCK STREET, NEWPORT, WALES, NP20 1DW | 01676637 | 2017-12-31 | 130,461,000 | -213,305,000 | |
| TRINITY MIRROR NORTH WEST & NORTH WALES LIMITED | ONE CANADA SQUARE, CANARY WHARF, LONDON, E14 5AP | 00127699 | 2017-12-31 | 124,466,000 | 17,786,000 | |
| ARCHANT COMMUNITY MEDIA LIMITED | NEWSQUEST MEDIA GROUP LTD 1ST FLOOR, CHARTIST TOWER, UPPER DOCK STREET, NEWPORT, WALES, NP20 1DW | 00019300 | 2017-12-31 | 96,051,000 | -8,276,000 |
58190-Other publishing activities |
| EVENING STANDARD LIMITED | ALPHABETA, 14-18 FINSBURY SQUARE, LONDON, ENGLAND, EC2A 1AH | 06770098 | 2017-10-01 | 63,897,000 | -11,780,000 | |
| MIDLAND NEWS ASSOCIATION LIMITED(THE) | 8TH FLOOR MANDER HOUSE, MANDER CENTRE, WOLVERHAMPTON, UNITED KINGDOM, WV1 3NH | 00483353 | 2017-12-30 | 31,648,000 | -120,000 | |
| RACONTEUR MEDIA LIMITED | 5 NEW STREET SQUARE, LONDON, UNITED KINGDOM, EC4A 3TW | 06641353 | 2017-12-31 | 6,023,717 | 0 | |
| FINANCIAL TIMES (ASC) LIMITED | BRACKEN HOUSE, 1 FRIDAY STREET, LONDON, ENGLAND, EC4M 9BT | 00519261 | 2017-12-31 | 4,650,000 | 304,000 | |
| GV MEDIA GROUP LIMITED | UNIT 1 MANDELA WAY, BRICKLAYES ARM, LONDON, ENGLAND, SE1 5SR | 02132170 | 2018-03-31 | 603,234 | 0 | |
| CITIZEN NEWS & MEDIA LIMITED | 9 PERSEVERANCE WORKS, 38 KINGSLAND ROAD, LONDON, ENGLAND, E2 8DD | 06426082 | 2018-11-30 | 112,700 | 0 | |
| VILLAGE VOICE MAGAZINES LTD | 50 REDHALL ROAD, GORNAL WOOD, DUDLEY, WEST MIDLANDS, DY3 2NL | 07188453 | 2018-03-31 | 100,408 | 0 | |
| PURE PUBLICATIONS LIMITED | FAIRLIGHT BEACONSFIELD ROAD, CHELWOOD GATE, HAYWARDS HEATH, EAST SUSSEX, UNITED KINGDOM, RH17 7LF | 08171885 | 2017-08-31 | 79,831 | 0 | |
| CAERPHILLY MEDIA LTD | CAERPHILLY MINERS CENTRE FOR THE COMMUNITY, WATFORD ROAD, CAERPHILLY, WALES, CF83 1BJ | 07604006 | 2018-04-30 | 70,136 | 0 |
63120-Web portals |
| POYNTON POST LIMITED | 17-19 PARK LANE, POYNTON, STOCKPORT, CHESHIRE, SK12 1RD | 04509222 | 2018-08-31 | 50,586 | 0 | |
| MCARTHUR MEDIA LTD | G3 6UQ, FLAT 2/2 ALMANDINE APPARTMENTS 155 HILL STREET FLAT 2/2 ALMANDINE APPARTMENTS, 155 HILL STREET, GLASGOW, SCOTLAND, G3 6UQ | SC425158 | 2018-05-28 | 33,145 | 0 | |
| HATRICKS PUBLIC RELATIONS LTD | 103A TELFORD AVENUE, LONDON, ENGLAND, SW2 4XW | 03283848 | 2018-11-30 | 23,889 | 0 |
59113-Television programme production activities 59200-Sound recording and music publishing activities 70210-Public relations and communications activities |
| MARLBOROUGH.NEWS LTD | 49 LOCKERIDGE, MARLBOROUGH, ENGLAND, SN8 4EL | 10353628 | 2018-08-31 | 13,000 | 0 | |
| NEW TRICKS PUBLISHING LTD. | 129 VERDANT LANE, HITHER GREEN, LONDON, UNITED KINGDOM, SE6 1JE | 10942621 | 2018-09-30 | 6,750 | 0 |
58142-Publishing of consumer and business journals and periodicals |
| DESCRIER LIMITED | 10 HOLMESDALE ROAD, BRISTOL, ENGLAND, BS3 4QL | 08057784 | 2018-05-31 | 2,370 | 0 | |
| CHAMBERLAIN PUBLISHING LIMITED | 187 187 TRAFALGAR ROAD, ROOM F1, LONDON, ENGLAND, SE10 9EQ | 10061017 | 2018-03-31 | 708 | 0 | |
| ID MAGAZINE LTD | 111 ALBERT DRIVE, GLASGOW, SCOTLAND, G41 2SU | SC443110 | 2018-02-28 | 0 | 0 |
68310-Real estate agencies |
| SHAW SHEET PUBLICATIONS LTD | 20-22 WENLOCK ROAD, LONDON, ENGLAND, N1 7GU | 09404021 | 2018-04-30 | 0 | 0 | |
| NEWS CORP UK & IRELAND LIMITED | 1 LONDON BRIDGE STREET, LONDON, SE1 9GF | 00081701 | 0000-00-00 | 0 | 0 | |
| NEWSQUEST LIMITED | NEWSQUEST MEDIA GROUP LTD 1ST FLOOR, CHARTIST TOWER, UPPER DOCK STREET, NEWPORT, WALES, NP20 1DW | 03165420 | 0000-00-00 | 0 | 0 |
LIQUIDATION RISK (BETA)
This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
| Basis | Liquidation within 3 months | Liquidation within 6 months | Liquidation within 12 months | Prediction confidence |
|---|---|---|---|---|
| FINANCIAL TIMES (ASC) LIMITED | 0.7% | 3.6% | 7.1% | Medium |
| Other companies Active in the same sector | Too few competitors | |||
| Age | 0.4% | 1.4% | 2.7% | Medium |
| Company Type | 0.7% | 3.7% | 7.4% | Medium |
| Accounts category | 0.7% | 2.2% | 3.8% | Medium |
| Accounting Month | 0.6% | 2.4% | 5.5% | Medium |
| Sic code count | 0.7% | 3.5% | 7.0% | Medium |
