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WESTERN ISLES NEWS AGENCY LIMITED
UNION HOUSE, 111 NEW UNION STREET, COVENTRY, WEST MIDLANDS, CV1 2NTCompany Number: 04611652
Incorporation date: 09-Dec-2002
Status: Active
Entity type: Private Limited Company
SIC codes:
63910 News agency activities
SUMMARY
This company is 21.4 years old and is currently active. It is controlled by Mr Michael Joseph Merritt. The company has positive equity (net assets) of GBP 148.8 thousand which has increased from GBP 129.8 thousand in the previous year. The company has 1 active officers (directors or partners) who are or were officers of 1 other company. 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: 31-Dec-2024Accounts Filed: TOTAL EXEMPTION FULL (31-Mar-2023)
P&L Financials:
| Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
|---|---|---|---|---|---|---|---|
| 31-Mar-2023 | GBP | 39,027 | |||||
| 31-Mar-2022 | GBP | 56,131 | |||||
| 31-Mar-2021 | GBP | 57,274 | |||||
| 31-Mar-2020 | GBP | 37,933 | |||||
| 31-Mar-2019 | GBP | 43,334 | |||||
| 31-Mar-2018 | GBP | 49,592 |
Balance Sheet Financials:
| Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
|---|---|---|---|---|---|---|---|---|---|
| 31-Mar-2023 | GBP | 126,498 | 126,498 | 17,348 | 2 | 148,780 | 148,782 | ||
| 31-Mar-2022 | GBP | 141,165 | 150,341 | 22,612 | 2 | 129,753 | 129,755 | ||
| 31-Mar-2021 | GBP | 154,822 | 154,872 | 22,088 | 2 | 135,622 | 135,624 | ||
| 31-Mar-2020 | GBP | 93,953 | 127,003 | 18,653 | 2 | 108,348 | 108,350 | ||
| 31-Mar-2019 | GBP | 60,748 | 118,798 | 19,381 | 2 | 99,415 | 99,417 | ||
| 31-Mar-2018 | GBP | 85,472 | 147,522 | 26,439 | 2 | 121,081 | 121,083 | ||
| 31-Mar-2017 | GBP | 49,136 | 125,686 | 18,796 | 1 | 106,889 | 106,890 | ||
| 31-Mar-2016 | GBP | 38,461 | 132,511 | 16,633 | 1 | 115,877 | 115,878 | ||
| 31-Mar-2015 | GBP | 44,909 | 138,959 | 21,110 | 1 | 117,848 | 117,849 | ||
| 31-Mar-2014 | GBP | 38,276 | 131,779 | 17,539 | 1 | 115,239 | 115,240 | ||
| 31-Mar-2013 | GBP | 144,133 | 147,598 | 29,855 | 1 | 119,742 | 119,743 | ||
| 31-Mar-2012 | GBP | 134,534 | 137,999 | 37,532 | 1 | 108,988 | 108,989 |
VALUATION EVENTS (BETA)
| Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
|---|---|---|---|---|---|---|
| 31-Mar-2018 | GBP | 50.00% | 1 | 1 | 2 | -67,303 |
** 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 | NICOLSON NOMINEES LTD | 12 Apr 2006 | 18 Apr 2024 | 17 - 259 | ||
| Resigned | Rhona Mairi MERRITT | 09 Dec 2002 | 11 Apr 2006 | Graphic Designer | British | 0 - 6 |
DIRECTORS
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
|---|---|---|---|---|---|---|---|
| Active | Michael Joseph MERRITT | 09 Dec 2002 | Journalist | British | 1 - 0 | 0 (0.0%) | |
| Resigned | OSWALDS OF EDINBURGH LIMITED | 09 Dec 2002 | 09 Dec 2002 | 0 - 10546 | 4941 (46.9%) | ||
| Resigned | Rhona Mairi MERRITT | 09 Dec 2002 | 28 Jul 2009 | Graphic Designer | British | 0 - 6 | 0 (0.0%) |
| Resigned | JORDANS (SCOTLAND) LIMITED | 09 Dec 2002 | 09 Dec 2002 | 0 - 3975 | 1896 (47.7%) |
Average tenure of active directors: 21.4 years
Average tenure of resigned directors: 2.2 years
Average active director Dissolution Rate: 0.0%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
|
Name
|
||
|---|---|---|
| WESTERN ISLES NEWS AGENCY LIMITED (04611652) - Active | ✔ |
SHAREHOLDERS (BETA)
No shareholder data available
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
WESTERN ISLES NEWS AGENCY LIMITED
no controlled companies
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
No Court Cases found
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
63910 News agency activities)
| Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
|---|---|---|---|---|---|---|
| ASSOCIATED PRESS TELEVISION NEWS LIMITED | THE INTERCHANGE, OVAL ROAD, LONDON, NW1 7DZ | 03589918 | 2017-12-31 | 121,733,000 | 16,034,000 | |
| PRECISE MEDIA MONITORING LTD | MONTACUTE YARDS 7TH FLOOR, 186 SHOREDITCH HIGH ST., LONDON, ENGLAND, E1 6HU | 03247942 | 2017-12-31 | 41,941,000 | 6,493,000 | |
| CENTRAL NEWS LIMITED | THE OLD MILL, KINGS MILL KINGS MILL LANE, SOUTH NUTFIELD, REDHILL, ENGLAND, RH1 5NB | 03597393 | 2017-12-31 | 361,056 | 0 | |
| HULL NEWS & PICTURES LTD | 7 BURNBY LANE, POCKLINGTON, YORK, ENGLAND, YO42 1UJ | 04510121 | 2018-08-31 | 104,566 | 0 | |
| PENSWORD LIMITED | 92 RICHMOND PARK ROAD, BOURNEMOUTH, ENGLAND, BH8 8TQ | 06601216 | 2018-05-31 | 47,115 | 0 | |
| SHARKS MEDIA LIMITED | 7 HAWTHORNS GROVE HAWTHORN GROVE, WEST DERBY, LIVERPOOL, ENGLAND, L12 1NE | 04727845 | 2018-04-30 | 32,631 | 0 | |
| SAINT AUGUSTINES MEDIA LIMITED | SW16 6HZ, 60 NATAL ROAD, LONDON, ENGLAND, SW16 6HZ | 10679887 | 2018-03-31 | 26,400 | 0 | |
| KENT & SUSSEX SPORT LIMITED | SOLO HOUSE THE COURTYARD, LONDON ROAD, HORSHAM, ENGLAND, RH12 1AT | 06769600 | 2018-12-31 | 21,810 | 0 | |
| THE SOCIAL NEWS COMPANY LIMITED | 44 MOUNT LOCKHART, UDDINGSTON, GLASGOW, SCOTLAND, G71 7TQ | SC532497 | 2018-04-30 | 16,562 | 0 | |
| DPT MEDIA LTD | 138 CLONMORE STREET, CLONMORE STREET, LONDON, SW18 5HB | 08573397 | 2018-05-04 | 12,172 | 0 | |
| SWD MEDIA LIMITED | 5 SOUTH CHARLOTTE STREET, EDINBURGH, SCOTLAND, EH2 4AN | SC521532 | 2018-11-30 | 5,350 | 0 | |
| FENLAKES LIMITED | 9 PHILLPOTTS AVENUE, BEDFORD, ENGLAND, MK40 3UH | 05799340 | 2018-04-30 | 4,445 | 0 | |
| MARK JONES SPORTS WRITER LTD | 148 PEN-Y-MAES ROAD, HOLYWELL, FLINTSHIRE, CH8 7HL | 08822504 | 2017-12-31 | 1,260 | 0 | |
| ABERGAVENNY NOW LTD | 46A CROSS STREET, ABERGAVENNY, GWENT, WALES, NP7 5ER | 10578137 | 2019-01-31 | 135 | 0 |
73120-Media representation services |
| REUTERS NEWS & MEDIA LIMITED | FIVE CANADA SQUARE, CANARY WHARF, LONDON, UNITED KINGDOM, E14 5AQ | 02505735 | 2017-12-31 | 0 | 0 | |
| ACUMEN INTELLIGENCE LTD | 20 HAVELOCK ROAD, HASTINGS, EAST SUSSEX, TN34 1BP | 05256800 | 2018-10-31 | 0 | 0 | |
| THE COMMUNICATIONS CO-OPERATIVE LIMITED | JANE BYRNE, 3 ENSLIN GARDENS, ENSLIN GARDENS, NEWCASTLE UPON TYNE, NE6 3ST | 06748311 | 2018-05-04 | 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 |
|---|---|---|---|---|
| WESTERN ISLES NEWS AGENCY 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 | 0.5% | 2.1% | 4.2% | Medium |
| Accounting Month | 0.5% | 1.8% | 3.9% | Medium |
| Sic code count | 0.7% | 3.5% | 7.0% | Medium |
