REACH PRINTING SERVICES (WEST FERRY) LIMITED

ONE CANADA SQUARE, CANARY WHARF, LONDON, E14 5AP

Previous name: WEST FERRY PRINTERS LIMITED (changed on 21-Dec-2018)

Company Number: 01997219
Incorporation date: 07-Mar-1986
Status: Active
Entity type: Private Limited Company

SIC codes:
18110 Printing of newspapers





SUMMARY

This company is 38.1 years old and is currently active. It is controlled by multiple entities. The latest reported revenue figure is GBP 20.5 million which is down -10% on the previous year. Retained earnings is negative (GBP -24.2 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 4 active officers (directors or partners) who are or were officers of 199 other companies, 17 (8.5%) of which have since been dissolved or are proposed for strike off. 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-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
30-Dec-2018 GBP 20,450,000 -16,222,000 2,341,000
31-Dec-2017 GBP 22,566,000 4,792,000 171,000 191,000 693,000 4,079,000
31-Dec-2016 GBP 23,382,000 4,975,000 166,000 244,000 1,008,000 3,889,000
31-Dec-2015 GBP 24,800,000 4,410,000 62,000 282,000 567,000 3,623,000
31-Dec-2014 GBP 22,213,000 4,796,000 21,000 271,000 653,000 3,904,000
31-Dec-2013 GBP 20,204,000 2,508,000 16,000 255,000 1,908,000 371,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
30-Dec-2018 GBP 9,000 6,978,000 12,363,000 7,500,000 -24,237,000
31-Dec-2017 GBP 22,000 11,968,000 13,992,000 7,000,000 37,500,000 16,375,000
31-Dec-2016 GBP 3,000 8,478,000 13,493,000 7,000,000 37,500,000 14,580,000
31-Dec-2015 GBP 3,000 11,663,000 19,439,000 7,000,000 37,500,000 -31,527,000
31-Dec-2014 GBP 45,000 7,251,000 18,338,000 359,000 7,000,000 37,500,000 -34,023,000 10,477,000
31-Dec-2013 GBP 4,000 6,727,000 20,633,000 7,000,000 37,500,000 -35,749,000 8,751,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
30-Dec-2018 GBP inf% -37,000,000 37,000,000 0 18,484,500
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active REACH SECRETARIES LIMITED 28 Feb 2018 29 Mar 2024 239 - 86
Resigned Robert SANDERSON 01 Feb 2010 28 Feb 2018 British 0 - 1
Resigned Thomas Dalton John PANNETT 01 Aug 1996 01 Feb 2010 Accountant British 1 - 4
Resigned Anthony Mervyn RENTOUL 31 Jul 1996 British 6 - 49

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Darren FISHER 14 Feb 2023 Chief Financial Officer Australian,British 52 - 00 (0.0%)
Active James Joseph MULLEN 16 Aug 2019 Chief Executive Officer British 237 - 5813 (4.4%)
Active Simon Jeremy Ian FULLER 01 Mar 2019 Chartered Accountant British 71 - 25532 (9.8%)
Active REACH DIRECTORS LIMITED 28 Feb 2018 229 - 6920 (6.7%)
Resigned Vijay Lakhman VAGHELA 28 Feb 2018 30 Jun 2019 Accountant British 1 - 30518 (5.9%)
Resigned Simon Richard FOX 28 Feb 2018 16 Aug 2019 Chief Executive British 7 - 35365 (18.1%)
Resigned Digby Benedict RANCOMBE 08 Jul 2016 28 Feb 2018 Group Finance Director British 7 - 60 (0.0%)
Resigned Richard John MARTIN 08 Jul 2016 28 Feb 2018 Commercial Director British 6 - 111 (5.9%)
Resigned Paul BRADY 09 Jul 2008 19 Jun 2009 Printing Director British 0 - 20 (0.0%)
Resigned Rigel Kent MOWATT 06 Jun 2008 19 Jun 2009 Director British 2 - 7630 (38.5%)
Resigned Stephen MCLAUGHLIN 14 Mar 2007 19 Jun 2009 Circulation Director British 0 - 20 (0.0%)
Resigned Simon TUCKER 14 Mar 2007 06 Jun 2008 Finance Director British 0 - 62 (33.3%)
Resigned Sally Jane GRIFFITHS 15 Dec 2004 19 Aug 2005 Company Secretary British 0 - 12153 (43.8%)
Resigned Charles John ALLWOOD 07 Dec 2004 14 Mar 2007 Executive Director British 0 - 21244 (20.8%)
Resigned Murdoch MACLENNAN 07 Oct 2004 19 Jun 2009 Chief Executive Officer British 0 - 4920 (40.8%)
Resigned Hugo Charles DRAYTON 23 Mar 2004 07 Dec 2004 Director British 0 - 114 (36.4%)
Resigned Robert SANDERSON 22 Mar 2002 28 Feb 2018 Group Joint Managing Director British 22 - 11519 (13.9%)
Resigned Martin Stephen ELLICE 22 Mar 2002 28 Feb 2018 Group Joint Managing Director British 20 - 9322 (19.5%)
Resigned Stanley Sydney MYERSON 22 Mar 2002 08 Jul 2016 Group Joint Managing Director British 1 - 329 (27.3%)
Resigned Richard Clive DESMOND 22 Mar 2002 28 Feb 2018 Publisher British 7 - 514 (6.9%)
Resigned Alan Clifton EWAN 29 Dec 2000 22 Mar 2002 Co Director British 1 - 10 (0.0%)
Resigned Leonard Milton SANDERSON 29 Dec 2000 22 Mar 2002 Co Director British 0 - 136 (46.2%)
Resigned Alan John DAVIES 29 Dec 2000 22 Mar 2002 Accountant British 0 - 3920 (51.3%)
Resigned Daniel William COLSON 11 Dec 2000 23 Mar 2004 Company Director Canadian 2 - 2614 (50.0%)
Resigned Martin Stephen ELLICE 01 Dec 2000 29 Dec 2000 Co Managing Director British 20 - 9322 (19.5%)
Resigned Robert SANDERSON 01 Dec 2000 29 Dec 2000 Accountant British 22 - 11519 (13.9%)
Resigned Stanley Sydney MYERSON 01 Dec 2000 29 Dec 2000 Co Managing Director British 1 - 329 (27.3%)
Resigned Richard Clive DESMOND 01 Dec 2000 29 Dec 2000 Company Director British 7 - 514 (6.9%)
Resigned Niamh O'DONNELL KEENAN 16 Dec 1999 15 Dec 2004 Accountant Irish 0 - 3517 (48.6%)
Resigned Andrew Karl JONESCO 24 Jun 1999 01 Dec 2000 Director British 0 - 71 (14.3%)
Resigned Paul Gerald WOOLFENDEN 24 Jun 1999 01 Dec 2000 Marketing Director British 1 - 61 (14.3%)
Resigned James Milne CAMPBELL 01 Apr 1998 01 Dec 2000 Finance Director British 6 - 11084 (72.4%)
Resigned Nicholas Brian RUDD-JONES 26 Feb 1998 24 Jun 1999 Director British 4 - 148 (44.4%)
Resigned William Joseph ELLERD STYLES 26 Sep 1997 08 Jul 2008 Printing Director British 0 - 31 (33.3%)
Resigned Alan Clifton EWAN 26 Sep 1997 11 Dec 2000 Circulation Director British 0 - 20 (0.0%)
Resigned John William WENMAN 18 Aug 1997 01 Feb 2010 Chief Executive British 0 - 83 (37.5%)
Resigned Andrew Michael ZIELINSKI 01 Apr 1997 31 Mar 1998 Accountant British 0 - 195 (26.3%)
Resigned Hugo Charles DRAYTON 16 Sep 1996 26 Sep 1997 Marketing Director British 0 - 114 (36.4%)
Resigned Anthony Roland HUGHES 24 Jun 1996 16 Dec 1999 Company Director British 0 - 214 (19.0%)
Resigned Jeremy Wyndham, The Hon DEEDES 17 May 1996 07 Oct 2004 Managing Director British 0 - 155 (33.3%)
Resigned Andrew CAMERON 03 Jan 1996 17 May 1996 Managing Director British 1 - 383 (7.7%)
Resigned Stephen GRABINER 27 Oct 1995 26 Feb 1998 Manager Director British 9 - 6621 (28.0%)
Resigned Patrick Joseph Dominic COOKE 30 Nov 1994 16 Sep 1996 Company Director British 0 - 161 (6.3%)
Resigned David John PUGH 13 Sep 1994 25 Oct 1995 Marketing Director British 0 - 124 (33.3%)
Resigned Paul Frank RUDD 01 Aug 1993 01 Dec 2000 Production & Operations Direct British 0 - 123 (25.0%)
Resigned Donald Sinclair GRAY 30 Mar 1993 31 Dec 1998 Circulation Director British 0 - 81 (12.5%)
Resigned Patrick Joseph Dominic COOKE 16 Sep 1996 Company Director British 0 - 161 (6.3%)
Resigned Anthony Mervyn RENTOUL 31 Jul 1996 Solicitor British 6 - 4916 (29.1%)
Resigned Alan Edward BELLINGER 31 Jul 1993 Company Director British 0 - 95 (55.6%)
Resigned Paul Robert Charles SERGEANT 01 Apr 1997 Finance Director British 0 - 140 (0.0%)
Resigned Christopher John HASLUM 13 Sep 1994 Circulation Director British 0 - 143 (21.4%)
Resigned Andrew CAMERON 17 May 1996 Managing Director British 1 - 383 (7.7%)
Resigned Rupert John MIDDLETON 31 Mar 1997 Manager British 0 - 145 (35.7%)
Resigned Anthony Roland HUGHES 16 Dec 1999 Company Director British 0 - 214 (19.0%)
Resigned Donald Sinclair GRAY 31 Dec 1998 Circulation Director British 0 - 81 (12.5%)
Number of active directors: 4
Average tenure of active directors: 4.2 years
Average tenure of resigned directors: 3.1 years
Average active director Dissolution Rate: 5.2%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
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MEDIA WALES LIMITED (00046946) - Active
THE HINCKLEY TIMES LIMITED (00047310) - Active
NSS NEWSAGENTS RETAIL LIMITED (00080028) - Active - Proposal to Strike off
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JOSEPH WOODHEAD & SONS LIMITED (00084100) - Active
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ASSOCIATED CATHOLIC NEWSPAPERS(1912)LIMITED(THE) (00120837) - Active
REACH REGIONALS MEDIA LIMITED (00127699) - Active
EXPRESS NEWSPAPERS (00141748) - Active
VIVID GROUP LIMITED (00143647) - Liquidation
WIRRAL NEWSPAPERS LIMITED (00152425) - Active
DAILY MIRROR NEWSPAPERS LIMITED(THE) (00166810) - Active
STRADBROOK HOLDINGS LIMITED (00168660) - Active
ECHO PRESS LIMITED(THE) (00171206) - Active
SUNDAY EXPRESS LIMITED (00184146) - Active
NCJ MEDIA LIMITED (00204478) - Active
REACH PRINTING SERVICES (MIDLANDS) LIMITED (00211184) - Active
GAZETTE MEDIA COMPANY LIMITED (00216451) - Active
CHESTER CHRONICLE AND ASSOCIATED NEWSPAPERS LIMITED(THE) (00222859) - Active
LEWIS MEESON LIMITED (00236345) - Active
LAVELLS LIMITED (00280001) - Liquidation
MARTIN MCCOLL LIMITED (00298945) - In Administration
SUNDAY PEOPLE LIMITED (00301999) - Active
MERSEYMART LIMITED (00319598) - Active
WESTERN MAIL & ECHO LIMITED (00326067) - Active
LLANDUDNO ADVERTISER LIMITED (00332137) - Active
MIDLAND INDEPENDENT WEEKLY NEWSPAPERS LIMITED (00385159) - Active
MGN (86) LIMITED (00421836) - Active
BRACKLANDS LIMITED (00428672) - Liquidation
MARTIN THE NEWSAGENT LIMITED (00438005) - Active - Proposal to Strike off
SYNDICATION INTERNATIONAL (1986) LIMITED (00448509) - Active
RACEFORM LIMITED (00462444) - Active
NORTH WALES WEEKLY NEWS (00486584) - Active
BIRMINGHAM POST & MAIL (EXHIBITIONS) LIMITED (00517223) - Active
CHARLES ELPHICK LIMITED (00529125) - Active
DAILY EXPRESS LIMITED (00529175) - Active
MIRROR COLOUR PRINT (NORTH) LIMITED (00537916) - Liquidation
TIH (PROPERTIES) LIMITED (00553965) - Active
MEDPRESS LIMITED (00559427) - Active
LADBROKES CORAL GROUP LIMITED (00566221) - Active
NSS NEWSAGENTS LIMITED (00568277) - Active
EXAMINER NEWS & INFORMATION SERVICES LIMITED (00624466) - Active
SMILE STORES LIMITED (00641258) - In Administration
RH1 LIMITED (00648191) - Active
BIRMINGHAM BOAT SHOWS LIMITED(THE) (00697854) - Active
R.E.JONES & BROS.LIMITED (00707920) - Active
LIVERPOOL WEEKLY NEWSPAPER GROUP LIMITED (00714750) - Active
LIVERPOOL WEB OFFSET LIMITED (00797447) - Active
TRINITY SHARED SERVICES LIMITED (00827234) - Active
FORBUOYS LIMITED (00838982) - Active
SYNDICATION INTERNATIONAL LIMITED (00850258) - Active
TRENTS LEISURE LIMITED (00882956) - Active
MARTIN MCCOLL GROUP LIMITED (00884532) - Active
MERCURY DISTRIBUTION SERVICES LIMITED (00885364) - Active
TRINITY NEWSPAPER GROUP LIMITED (00919233) - Active
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HUDDERSFIELD EXAMINER LIMITED (00972525) - Active
WELSH UNIVERSAL HOLDINGS LIMITED (00976111) - Active
DAILY STAR LIMITED (00980542) - Active
MARSHELL GROUP LIMITED (01011142) - Active - Proposal to Strike off
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BPM MEDIA (MIDLANDS) LIMITED (01034883) - Active
ADVERTISER NORTH LONDON LIMITED (01036821) - Active
WELSHPOOL WEB-OFFSET CO. LIMITED (01071324) - Active
BROUGHTON PRINTERS LIMITED (01091137) - Active
SCENE NEWSPAPERS LIMITED (01108815) - Active
MIDLAND WEEKLY MEDIA (WOLVERHAMPTON) LIMITED (01119011) - Active
THE ADSCENE GROUP LIMITED (01131297) - Active
MARTIN CTN GROUP LIMITED (01137530) - Active
R.E. JONES GRAPHIC SERVICES LIMITED (01198462) - Active
MIDLAND INDEPENDENT MAGAZINES LIMITED (01206379) - Active
SCENE PRINTING WEB OFFSET LIMITED (01206696) - Active
LONDON AND WESTMINSTER NEWSPAPERS LIMITED (01208670) - Active
BIRMINGHAM POST & MAIL TRUSTEES LIMITED (01221082) - Active
RELIANT DISTRIBUTORS LIMITED (01225496) - Active
R.E. JONES NEWSPAPER GROUP LIMITED (01238072) - Active
HARGREAVES VENDING LIMITED (01322308) - Active
MIRROR GROUP NEWSPAPERS NORTH (1986) LIMITED (01348163) - Active
DAILY POST OVERSEAS LIMITED (01354793) - Active
DAILY POST INVESTMENTS LIMITED (01360376) - Active
SMART MEDIA SERVICES LIMITED (01369992) - Active
MIRRORAIR LIMITED (01376321) - Active
KENT REGIONAL NEWSPAPERS LIMITED (01381259) - Active
SCENE MAGAZINES LIMITED (01381396) - Active
SCENE PRINTING (MIDLANDS) LIMITED (01391392) - Active
TM RETAIL LIMITED (01407062) - Active
TRINITY NEWSPAPERS SOUTHERN LIMITED (01491074) - Active
ENTERPRISE MAGAZINES LIMITED (01502649) - Active
SIGHTLINE PUBLICATIONS LIMITED (01510224) - Active
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CDE SERVICES LIMITED (01619598) - Active
REACH MAGAZINES PUBLISHING LIMITED (01633971) - Active
CAMBERRY LIMITED (01661112) - Active
MIDLAND NEWSPAPERS LIMITED (01663033) - Active
MIRROR COLOUR PRINT (LONDON) LIMITED (01678318) - Liquidation
ECHO PRESS (1983) LIMITED (01679832) - Active
OCEAN MEDIA GROUP LIMITED (01680420) - Active
BLACKFRIARS LEASING LTD. (01692745) - Active
ADVERTISER NORTH LONDON GROUP (HOLDINGS) LIMITED (01693151) - Active
UNITED MAGAZINES PUBLISHING SERVICES LIMITED (01693996) - Active
I.S.S. LIMITED (01764291) - Active
REACH WORK LIMITED (01904765) - Active
COVENTRY NEWSPAPERS LIMITED (01917810) - Active
LEGIONSTYLE LIMITED (01936042) - Active
TRINITY PUBLICATIONS LIMITED (01953315) - Active
TM GROUP LIMITED (01957631) - Active
NORTH WALES INDEPENDENT PRESS LIMITED (01958646) - Active
MIRROR COLOUR PRINT SERVICES (LONDON) LIMITED (01969510) - Liquidation
MAINJOY LIMITED (01970628) - Active
REACH PRINTING SERVICES LIMITED (01979335) - Active
REACH SOUTHERN MEDIA LIMITED (01985909) - Active
PEOPLE LIMITED(THE) (01991744) - Active
REACH PRINTING SERVICES (WEST FERRY) LIMITED (01997219) - Active
TM COFFEE LIMITED (02008080) - Active
COMMUNITY MAGAZINES LIMITED (02026564) - Active
BUY SELL LIMITED (02032657) - Active
REACH PRINTING SERVICES (WATFORD) LIMITED (02064914) - Active
MIDDLESEX COUNTY PRESS LIMITED (02068255) - Active
MICROMART (UK) LIMITED (02122028) - Active
LONDON NEWSPAPER GROUP LIMITED (02126851) - Active
BLACKMORE VALE PUBLISHING COMPANY LIMITED (02151903) - Active
WANDSWORTH INDEPENDENT LIMITED (02152840) - Active
MEILIN LIMITED (02166364) - Active
MGN (SERVICES) LTD (02177199) - Active
REACH PRINTING SERVICES (OLDHAM) LIMITED (02177980) - Active
MIRROR COLOUR PRINT (LONDON NO. 1 PLANT) LIMITED (02178521) - Active
ODHAMS NEWSPAPERS LIMITED (02179889) - Active
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MIDLAND UNITED NEWSPAPERS LIMITED (02212019) - Active
ISLE OF WIGHT NEWSPAPERS LIMITED (02234798) - Active
HUDDERSFIELD NEWSPAPERS LIMITED (02254191) - Active
MIDLAND INDEPENDENT NEWSPAPER & MEDIA SALES LIMITED (02281540) - Active
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MIDLAND LEAFLET SERVICES LIMITED (02552550) - Active
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MGN PROPERTY DEVELOPMENTS LIMITED (02923941) - Active
TRINITY MIRROR MARKETING DIRECT LIMITED (02936617) - Active
MGN (AW) LIMITED (02946962) - Active
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TIH (CARDIFF) LIMITED (03026546) - Active
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SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-04-302015-04-302014-04-302013-04-302012-04-30
EXPRESS NEWSPAPERSORDINARY7,000,000
100%
7,000,000
100%
7,000,000
100%
7,000,000
100%
7,000,000
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

REACH PRINTING SERVICES (WEST FERRY) LIMITED

Controlled companies below

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
2020-07-01 2020-12-31 42 11% 32% 39145
2020-01-01 2020-06-30 42 8% 26% 32416
2019-07-01 2019-12-31 45 12% 36% 25638
2019-01-01 2019-06-30 38 6% 19% 20893
2018-07-01 2018-12-31 42 17% 15% 12704
2018-01-01 2018-06-30 65 60% 8% 5406


COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 18110 Printing of newspapers)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
MGN LIMITED ONE CANADA SQUARE, CANARY WHARF, LONDON, E14 5AP 02571173 2017-12-31 217,442,000 56,453,000 58130-Publishing of newspapers
REACH PRINTING SERVICES LIMITED ONE CANADA SQUARE, CANARY WHARF, LONDON, E14 5AP 01979335 2017-12-31 141,515,000 -293,000 58130-Publishing of newspapers
70100-Activities of head offices
SCOTTISH DAILY RECORD AND SUNDAY MAIL LIMITED 55 DOUGLAS STREET, GLASGOW, UNITED KINGDOM, G2 7NP SC012921 2017-12-31 64,779,000 12,999,000 58130-Publishing of newspapers
WEST FERRY PRINTERS LIMITED ONE CANADA SQUARE, CANARY WHARF, LONDON, UNITED KINGDOM, E14 5AP 01997219 2017-12-31 22,566,000 1,795,000
ST. CLEMENTS PRESS (1988) LIMITED BRACKEN HOUSE, 1 FRIDAY STREET, LONDON, ENGLAND, EC4M 9BT 02174119 2017-12-31 5,115,000 286,000
FEARWORKS MEDIA LTD. 14 COALWAY DRIVE, WHICKHAM, NEWCASTLE UPON TYNE, ENGLAND, NE16 4BT 07613763 2018-04-30 9,740 0 18203-Reproduction of computer media
59132-Video distribution activities
90010-Performing arts
UK BIZ PRINTING LTD UKBIZPRINTING, 114 BEECH ROAD, CALE GREEN, STOCKPORT, CHESHIRE, SK3 8HH 07976414 2018-03-31 9,257 0
ALL KNIGHTZ LTD 8 JOHN ASHBY CLOSE, BRIXTON, LONDON, SW2 5PX 07928866 2019-01-31 1,742 0 90040-Operation of arts facilities
91011-Library activities
96090-Other service activities not elsewhere classified
JTM MEDIA LTD 1ST FLOOR CHILWORTH POINT, 1 CHILWORTH ROAD, SOUTHAMPTON, HAMPSHIRE, UNITED KINGDOM, SO16 7JQ 10416828 2018-10-31 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
REACH PRINTING SERVICES (WEST FERRY) LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.3% 1.3% 2.4% 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
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