TCS MEDIA GROUP LIMITED
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Cash
£1.3M
+17.9% highest in 3 filed years
Net assets
-£108K
-167.5% lowest in 3 filed years
Employees
24
-11.1% lowest in 3 filed years
Profit before tax
£470K
-33.2% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | £25,950,398 | £20,620,307 | -20.5% | |
| Operating profit | — | £703,480 | £473,972 | -32.6% | |
| Profit before tax | — | £703,411 | £469,931 | -33.2% | |
| Net profit | £820,431 | £505,454 | £318,931 | -36.9% | |
| Cash | £100 | £1,121,974 | £1,322,962 | +17.9% | |
| Total assets less current liabilities | — | £160,271 | -£108,180 | -167.5% | |
| Net assets | £27,600 | £160,271 | -£108,180 | -167.5% | |
| Equity | £27,600 | £160,271 | -£108,180 | -167.5% | |
| Average employees | 26 | 27 | 24 | -11.1% | |
| Wages | — | £1,092,807 | £949,319 | -13.1% | |
| Directors' remuneration | — | £270,616 | £193,571 | -28.5% |
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 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | 2.7% | 2.3% | |
| Net margin | — | 1.9% | 1.5% | |
| Return on capital employed | — | 438.9% | — | |
| Current ratio | — | 0.93x | 0.88x | |
| Interest cover | — | 67.79x | 25.62x |
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
- Barnes Roffe Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors note that the company and group are trading adequately and have sufficient working capital and other finance available to continue trading for a period of not less than 12 months from the date of approval of these financial statements. As such, the directors believe that there are no significant uncertainties in their assessment of whether the business is a going concern and therefore have prepared the accounts on a going concern basis.”
Group structure
- TCS MEDIA GROUP LIMITED · parent
- The Grove Media Limited 100%
Significant events
- “During the year, the company conducted a restructure, following the mutually beneficial departure of a long-standing client. The restructuring plans ensure the agency's going concern is maintained into the immediate future and beyond.”
- “TCS Media Group management reinvigorated its New Business Development efforts which resulted in notable new account wins as well as continuing to deliver new business through its recommendation/referral channels.”
- “In 2024, the Board was pleased to fulfil, and gain accreditation, for the IPAs People First Promise and continued to support local charities and communities through its fund-raising efforts.”
- “During the year, the investment held in The Grove Media Limited held by TCS Media Holdings Limited, was transferred from TCS Media Holdings Limited to TCS Media Group Limited. TCS Media Holdings Limited was subsequently dissolved.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DEERING, Ciaran Leo | Director | 2017-11-03 | Aug 1972 | Irish |
| JUNG, Suzana Lay | Director | 2022-09-30 | Aug 1982 | Portuguese |
| PRICE, David Michael | Director | 2017-11-03 | Nov 1966 | British |
| PRUTEANU, Alina | Director | 2022-09-30 | Sep 1985 | Romanian |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GUTHRIE, Sean Patrick | Secretary | 2017-11-03 | 2024-01-09 |
| GUTHRIE, Sean Patrick | Director | 2017-11-03 | 2024-01-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Grove Media Trustees Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-09-30 | Active |
| Mr David Michael Price | Individual | Shares 25–50%, Voting 25–50% | 2017-11-03 | Ceased 2022-09-30 |
| Mr Ciaran Leo Deering | Individual | Shares 25–50%, Voting 25–50% | 2017-11-03 | Ceased 2022-09-30 |
| Mr Sean Patrick Guthrie | Individual | Shares 25–50% | 2017-11-03 | Ceased 2022-09-30 |
Filing timeline
Last 20 of 41 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-11-11 MA Memorandum articles
- 2023-11-07 RESOLUTIONS Resolution
- 2023-10-31 CC04 Statement of companys objects
- 2023-03-27 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-13 | AA | accounts | Accounts with accounts type group | |
| 2024-10-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-26 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-09-25 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-08-13 | AA | accounts | Accounts with accounts type group | |
| 2024-07-05 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2024-01-23 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-01-23 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-11 | MA | incorporation | Memorandum articles | |
| 2023-11-07 | RESOLUTIONS | resolution | Resolution | |
| 2023-10-31 | CC04 | change-of-constitution | Statement of companys objects | |
| 2023-10-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-07-25 | AA | accounts | Accounts with accounts type group | |
| 2023-03-27 | MA | incorporation | Memorandum articles | |
| 2023-03-27 | SH08 | capital | Capital name of class of shares | |
| 2023-03-21 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-21 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-21 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-03-21 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- 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.