NATIONAL MAGAZINE COMPANY LIMITED(THE)
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Cash
£18m
+17.8% highest in 3 filed years
Net assets
£110m
-5.8% lowest in 3 filed years
Employees
584
-12.6% lowest in 3 filed years
Profit before tax
£1m
+119.1% highest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £111,908,000 | £104,629,000 | £110,124,000 | +5.3% | |
| Operating profit | -£3,568,000 | -£10,355,000 | -£3,874,000 | +62.6% | |
| Profit before tax | £685,000 | -£5,238,000 | £1,000,000 | +119.1% | |
| Net profit | -£460,000 | -£6,379,000 | -£551,000 | +91.4% | |
| Cash | £13,094,000 | £15,222,000 | £17,925,000 | +17.8% | |
| Total assets less current liabilities | £144,511,000 | £135,107,000 | £130,675,000 | -3.3% | |
| Net assets | £127,544,000 | £117,065,000 | £110,280,000 | -5.8% | |
| Equity | £127,544,000 | — | — | — | |
| Average employees | 718 | 668 | 584 | -12.6% | |
| Wages | £42,367,000 | £44,192,000 | £39,558,000 | -10.5% | |
| Directors' remuneration | £546,000 | £777,000 | £654,000 | -15.8% | |
| Highest paid director | £546,000 | £777,000 | £722,000 | -7.1% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -3.2% | -9.9% | -3.5% | |
| Net margin | -0.4% | -6.1% | -0.5% | |
| Return on capital employed | -2.5% | -7.7% | -3.0% | |
| Gearing (liabilities / total assets) | 29.6% | -6.6% | -4.1% | |
| Current ratio | 1.56x | 1.88x | 1.83x | |
| Interest cover | -4.93x | — | -29.13x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Although the Group recorded an operating loss for the year, it generated a positive operating cash flow and posted an improved year on year performance. The directors have considered the forecast which shows the Company and the Group have sufficient cash reserves...”
Group structure
- NATIONAL MAGAZINE COMPANY LIMITED(THE) · parent
- Condé Nast & National Magazine Distributors Limited 65%
- Handbag.com Limited 100%
- Edited Financial Services Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 46 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BENNACK, Frank Anthony | Director | — | Feb 1933 | American |
| CHIRICHELLA, Debi | Director | 2017-06-30 | Jun 1963 | American |
| GHAREEB, Thomas Allen | Director | 2020-09-08 | Jun 1966 | American |
| SWARTZ, Steven Robert | Director | 2026-04-21 | Mar 1962 | American |
| VANNECK-SMITH, Catherine Sarah Elizabeth | Director | 2022-12-01 | Mar 1974 | British |
| WRIGHT, Jonathan Charles David | Director | 2021-11-02 | Apr 1978 | British |
Show 46 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HEMSTED, Stephen Rustat | Secretary | — | 1999-03-01 |
| HORNE, Simon Peter Barry | Secretary | 2003-04-11 | 2006-04-07 |
| NISBET, Aimee Leonora | Secretary | 2006-04-07 | 2024-09-30 |
| NURSE, Alan Vincent | Secretary | 2000-11-01 | 2003-04-11 |
| SIDLIN, Vivien | Secretary | 1999-03-01 | 2000-10-31 |
| BAHRENBURG, Donald Claeys | Director | — | 1995-11-28 |
| BARREL, Joan | Director | — | 1993-05-10 |
| BEATTIE, Alice Louise Grant | Director | 1998-03-01 | 2009-04-10 |
| BILL, Jamie Timothy | Director | 1997-05-02 | 2000-06-30 |
| BLACK, Cathleen P | Director | 1996-04-24 | 2010-12-31 |
| BLUNT, Claire Jacqueline | Director | 2017-06-30 | 2021-02-28 |
| BODDY, Brian | Director | — | 1997-12-31 |
| BRAITHWAITE, Brian | Director | — | 1992-05-10 |
| BRINK, Kurt Robert | Director | — | 1998-12-31 |
| BURLEY, Jessica Jane | Director | 2003-04-11 | 2010-01-31 |
| CAREY, David Franklin | Director | 2011-04-15 | 2018-08-14 |
| CLINTON, Michael | Director | 2002-08-06 | 2019-06-30 |
| DEEMS, Richard Emmet | Director | — | 2009-05-04 |
| EDWARDS, John Duncan | Director | 1996-04-24 | 2016-06-03 |
| GANZI, Victor Frederick | Director | 1997-05-02 | 2008-10-14 |
| GRANBY, Martin David | Director | 1999-03-01 | 2004-01-31 |
| GREEN, George Joseph | Director | 1996-04-24 | 2009-06-30 |
| HEARNSHAW, Jan | Director | 2003-04-11 | 2007-05-18 |
| HEARST, Randolph Apperson | Director | — | 2000-12-18 |
| HEARST, William Randolph | Director | — | 1993-05-14 |
| HEMSTED, Stephen Rustat | Director | — | 2000-03-31 |
| HERRERA, Frank Emilio | Director | — | 2002-04-01 |
| HORNE, Simon Peter Barry | Director | 2000-06-19 | 2019-12-31 |
| JONES, Anna Kristina | Director | 2012-04-24 | 2017-02-28 |
| JOSLIN, Raymond | Director | 1996-04-24 | 2004-05-31 |
| KERSHAW, Elizabeth Ann | Director | 1993-10-07 | 2011-09-30 |
| KIPPIN, Simon Charles Edward | Director | 1993-10-07 | 2000-03-31 |
| LOUGHLIN, John Patrick | Director | 2006-04-07 | 2015-03-30 |
| MANSFIELD, Terence Gordon | Director | — | 2003-12-16 |
| MASSI, Frank | Director | — | 1995-08-07 |
| MAURER, Gilbert Charles | Director | — | 2025-04-06 |
| MILLER, Mark Fulton | Director | — | 2005-12-31 |
| ROY DE PUYFONTAINE, Arnaud Nicolas Philippe Maxime Georges | Director | 2009-05-05 | 2013-12-13 |
| SHEILDS, David Geoffrey Wentworth | Director | — | 1999-03-01 |
| SIKES, Alfred C. | Director | 1999-10-01 | 2001-12-31 |
| SULLIVAN, Michael | Director | 2002-08-06 | 2010-04-09 |
| SWARTZ, Steven Robert | Director | 2011-04-15 | 2017-04-12 |
| WALLIS, Brian Anthony | Director | — | 2001-02-28 |
| WEIR, James William Hartland | Director | 2014-01-29 | 2014-12-31 |
| WILDMAN, James David | Director | 2017-04-18 | 2021-11-02 |
| YOUNG, Troy William | Director | 2018-08-16 | 2020-07-23 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 210 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-12-17 RESOLUTIONS Resolution
- 2023-12-13 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-17 | AA | accounts | Accounts with accounts type group | |
| 2026-05-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-29 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-23 | AA | accounts | Accounts with accounts type group | |
| 2025-05-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-16 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-17 | SH20 | capital | Legacy | |
| 2024-12-17 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2024-12-17 | CAP-SS | insolvency | Legacy | |
| 2024-12-17 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-11 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-09-23 | AA | accounts | Accounts with accounts type group | |
| 2024-06-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-13 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2023-12-13 | CAP-SS | insolvency | Legacy | |
| 2023-12-13 | SH20 | capital | Legacy | |
| 2023-12-13 | RESOLUTIONS | resolution | Resolution | |
| 2023-09-20 | AA | accounts | Accounts with accounts type group | |
| 2023-05-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-05 | SH20 | capital | Legacy |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 2
- Officers appointed
- 1
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.