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LOCAL WORLD LIMITED
ONE CANADA SQUARE, CANARY WHARF, LONDON, E14 5APPrevious name: LOCAL CONTENT LIMITED (changed on 16-Jan-2013)
Company Number: 08290481
Incorporation date: 12-Nov-2012
Status: Active
Entity type: Private Limited Company
SIC codes:
58130 Publishing of newspapers
SUMMARY
This company is 12 years old and is currently active. It is controlled by Local World Holdings Limited. The company has positive equity (net assets) of GBP 4.9 million which has increased from GBP 0 in the previous year. The latest reported revenue figure is GBP 147.5 million which is similar to the previous year's figure of GBP 147.5 million. The company has 3 active officers (directors or partners) who are or were officers of 199 other companies, 64 (32.2%) 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 3 court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Sep-2025Accounts Filed: DORMANT (31-Dec-2023)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
30-Dec-2018 | GBP | 147,548,000 | |||||
31-Dec-2017 | GBP | 147,548,000 | 3,137,000 | 1,135,000 | |||
01-Jan-2017 | GBP | 183,496,000 | 16,623,000 | 4,431,000 | 12,193,000 | ||
27-Dec-2015 | GBP | 15,236,000 | 1,849,000 | 3,324,000 | 13,387,000 | ||
28-Dec-2014 | GBP | 221,134,000 | 22,538,000 | 4,187,000 | 11,674,000 | ||
29-Dec-2013 | GBP | 230,579,000 | 18,540,000 | 3,819,000 | 12,749,000 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
30-Dec-2018 | GBP | 4,933,000 | 1,000,000 | 3,933,000 | 4,933,000 | ||||
31-Dec-2017 | GBP | 2,552,000 | 17,225,000 | 271,000 | 1,000,000 | 13,933,000 | |||
01-Jan-2017 | GBP | 4,776,000 | 32,554,000 | 17,014,000 | 1,000,000 | 32,798,000 | 33,798,000 | ||
27-Dec-2015 | GBP | 30,665,000 | 45,588,000 | 1,000,000 | 20,605,000 | ||||
28-Dec-2014 | GBP | 27,155,000 | 57,661,000 | 43,046,000 | 16,600,000 | 55,350,000 | 71,950,000 | ||
29-Dec-2013 | GBP | 20,338,000 | 51,073,000 | 42,567,000 | 9,388,000 | 66,600,000 | 8,930,000 | 75,530,000 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|---|---|---|---|---|---|
27-Dec-2015 | GBP | -1,560.00% | -15,600,000 | 16,600,000 | 1,000,000 | -4,777,500 |
28-Dec-2014 | GBP | -301.20% | -50,000,000 | 66,600,000 | 16,600,000 | 22,547,500 |
** 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 | REACH SECRETARIES LIMITED | 21 Jan 2016 | 02 Nov 2024 | 239 - 86 | ||
Resigned | Jeremy RHODES | 13 Nov 2015 | 21 Jan 2016 | 0 - 1 | ||
Resigned | Graham Howard JUDGE | 20 Jan 2015 | 13 Nov 2015 | 0 - 1 | ||
Resigned | MOFO SECRETARIES LIMITED | 07 Jan 2013 | 20 Jan 2015 | 0 - 117 | ||
Resigned | Catherine Elinor FLEMING | 12 Nov 2012 | 07 Jan 2013 | 0 - 1 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Darren FISHER | 24 Jan 2024 | Chief Financial Officer | Australian,British | 59 - 0 | 0 (0.0%) | |
Active | James Joseph MULLEN | 16 Aug 2019 | Chief Executive Officer | British | 237 - 58 | 69 (23.4%) | |
Resigned | Simon Jeremy Ian FULLER | 01 Mar 2019 | 31 Dec 2022 | Chartered Accountant | British | 49 - 301 | 90 (25.7%) |
Resigned | Simon Richard FOX | 13 Nov 2015 | 16 Aug 2019 | Chief Executive | British | 0 - 1 | 0 (0.0%) |
Resigned | Vijay Lakhman VAGHELA | 13 Nov 2015 | 30 Jun 2019 | Accountant | British | 0 - 1 | 0 (0.0%) |
Active | REACH DIRECTORS LIMITED | 13 Nov 2015 | 229 - 69 | 77 (25.8%) | |||
Resigned | Stephen Andrew AUCKLAND | 15 Jan 2013 | 11 Oct 2013 | Newspaper Management | British | 1 - 60 | 41 (67.2%) |
Resigned | Stephen Andrew AUCKLAND | 15 Jan 2013 | 11 Oct 2013 | Newspaper Management | British | 2 - 59 | 33 (54.1%) |
Resigned | Rachel Bernadette ADDISON HORSLEY | 15 Jan 2013 | 13 Nov 2015 | Newspaper Management | British | 0 - 3 | 2 (66.7%) |
Resigned | David John MONTGOMERY | 07 Jan 2013 | 13 Nov 2015 | Director | British | 25 - 41 | 20 (30.3%) |
Resigned | Catherine Elinor FLEMING | 07 Dec 2012 | 07 Jan 2013 | Chartered Secretary | British | 21 - 125 | 74 (50.7%) |
Resigned | Edward Richard ILIFFE | 12 Nov 2012 | 07 Jan 2013 | Chartered Surveyor | British | 34 - 15 | 4 (8.2%) |
Resigned | Lisa Jane GORDON | 12 Nov 2012 | 07 Jan 2013 | Director | British | 4 - 27 | 4 (12.9%) |
Resigned | Robert Peter Richard, The Right Honourable ILIFFE | 12 Nov 2012 | 07 Jan 2013 | Publisher | British | 8 - 60 | 20 (29.4%) |
Average tenure of active directors: 5.0 years
Average tenure of resigned directors: 1.7 years
Average active director Dissolution Rate: 16.4%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||
---|---|---|---|---|
2015-11-12 | 2014-11-12 | 2013-11-12 | ||
LOCAL WORLD HOLDINGS LIMITED | ORDINARY | 1,000,000 50% | 16,600,100 50% | 66,600,100 50% |
LOCAL WORLD HOLDINGS LIMITED | ORDINARY | 1,000,000 50% | 16,600,100 50% | 66,600,100 50% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
LOCAL WORLD 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 |
---|---|---|---|---|---|
2018-01-01 | 2018-06-30 | 27 | 5% | 38% | 5375 |
COURT CASES
Date | Title | Reference | Subject |
---|---|---|---|
2018-09-25 | Miss E Luther v Local World Ltd | [2018] UKET 1400155/2018 | Redundancy |
2017-12-12 | Mr L Marlow v Local World Ltd | [2017] UKET 2601955/2016 | Redundancy |
2017-04-26 | Mr M Thomas v Local World Ltd & Others | [2017] UKET 1600760/2016 | Breach of Contract : Unfair Dismissal : Unlawful Deduction from Wages |
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 | 40 SOUTHWELL ROAD, LONDON, ENGLAND, SE5 9PG | 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 |
---|---|---|---|---|
LOCAL WORLD LIMITED | 0.7% | 3.6% | 7.1% | Medium |
Other companies Active in the same sector | Too few competitors | |||
Age | 0.4% | 1.7% | 3.3% | Medium |
Company Type | 0.7% | 3.7% | 7.4% | Medium |
Accounts category | 0.7% | 3.8% | 7.1% | Medium |
Accounting Month | 0.6% | 2.4% | 5.5% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |