INDEPENDENT DIGITAL NEWS AND MEDIA LIMITED
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Cash
—
Latest balance sheet
Net assets
£9.3m
+16.8% highest in 3 filed years
Employees
368
+10.8% highest in 3 filed years
Profit before tax
£3.5m
+9.1% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
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 | £56,330,000 | £53,172,000 | £55,073,000 | +3.6% | |
| Operating profit | £1,902,000 | £3,201,000 | £3,407,000 | +6.4% | |
| Profit before tax | £1,902,000 | £3,205,000 | £3,497,000 | +9.1% | |
| Net profit | £1,426,000 | £2,366,000 | £2,514,000 | +6.3% | |
| Cash | £3,072,000 | £3,737,000 | — | — | |
| Total assets less current liabilities | £6,140,000 | £8,862,000 | £10,046,000 | +13.4% | |
| Net assets | £5,565,000 | £7,944,000 | £9,276,000 | +16.8% | |
| Equity | £5,565,000 | £7,944,000 | £9,276,000 | +16.8% | |
| Average employees | 299 | 332 | 368 | +10.8% | |
| Wages | £20,937,000 | £24,694,000 | £26,516,000 | +7.4% | |
| Directors' remuneration | £1,147,000 | £1,384,000 | £1,223,000 | -11.6% | |
| Directors' pension contributions | £12,000 | £30,000 | £30,000 | 0% | |
| Highest paid director | £668,000 | £765,000 | £658,000 | -14% |
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 | 3.4% | 6.0% | 6.2% | |
| Net margin | 2.5% | 4.4% | 4.6% | |
| Return on capital employed | 31.0% | 36.1% | 33.9% | |
| Gearing (liabilities / total assets) | 70.7% | 66.0% | 59.3% | |
| Current ratio | 1.28x | 1.43x | — |
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
- HaysMac LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors currently have no reason to believe that the Company will not have access to adequate resources to continue in operational existence for the foreseeable future and therefore have adopted the going concern basis in preparing the financial statements.”
Group structure
- INDEPENDENT DIGITAL NEWS AND MEDIA LIMITED · parent
- Independent Digital News and Media LLC 100%
Significant events
- “In 2025, The Independent launched Bulletin. A dedicated new team of editors use AI-powered tools to create concise summaries, with everything cleared in advance by the human editors.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LANGRISH, Richard Michael John | Secretary | 2021-06-16 | — | — |
| BROUGHTON, Christian Alan | Director | 2023-06-08 | Aug 1977 | British |
| BYAM SHAW, Justin David Elliott | Director | 2010-07-20 | Apr 1960 | British |
| COWLEY, Clinton James | Director | 2025-08-05 | Sep 1978 | British |
| LEBEDEV, Evgeny | Director | 2010-07-20 | May 1980 | British |
| LEONARD, Zachary Roger | Director | 2016-02-11 | Jan 1963 | American |
| LEWIS, Eric Leslie | Director | 2017-08-30 | Apr 1957 | American |
| PATON, John | Director | 2019-09-13 | May 1957 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MALHOTRA, Manish | Secretary | 2010-10-20 | 2021-03-31 |
| TULLOCH, Alastair Robert Clifford | Secretary | 2010-07-20 | 2010-10-20 |
| COLLINS, David-John | Director | 2017-08-30 | 2020-12-10 |
| MALHOTRA, Manish | Director | 2016-02-11 | 2021-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sovereignty Media Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2026-01-23 | Active |
| Sultan Mohamed Abuljadayel | Individual | Shares 25–50%, Voting 25–50% | 2017-06-07 | Active |
| Evgeny Lebedev | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2026-01-23 |
| Mr Evgeny Lebedev | Individual | Shares 50–75%, Voting 50–75% | 2016-04-06 | Ceased 2016-04-06 |
| Mr Justin David Elliott Byam Shaw | Individual | Shares 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 81 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-08-05 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-29 | AA | accounts | Accounts with accounts type group | |
| 2026-08-05 | RESOLUTIONS | resolution | Resolution | |
| 2026-07-28 | SH01 | capital | Capital allotment shares | |
| 2026-01-23 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-01-23 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-11-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-18 | AA | accounts | Accounts with accounts type group | |
| 2025-08-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-05 | CH01 | officers | Change person director company with change date | |
| 2024-11-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-11 | AA | accounts | Accounts with accounts type group | |
| 2024-06-03 | CH01 | officers | Change person director company with change date | |
| 2023-11-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-02 | AA01 | accounts | Change account reference date company current extended | |
| 2023-06-22 | AA | accounts | Accounts with accounts type group | |
| 2023-06-13 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-13 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-12-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-11-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-31 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 1
- Officers appointed
- 0
- 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.