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Cash

£11M

+1.9% vs 2023

Net assets

£38M

+5.9% vs 2023

Employees

1,156

-0.5% vs 2023

Profit before tax

£5M

+45.2% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-28

Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2024-12-28.

Metric Trend 2023-12-302024-12-28 Δ vs prior
Turnover £88,000,000£96,000,000 +9.1%
Operating profit £2,600,000£4,200,000 +61.5%
Profit before tax £3,100,000£4,500,000 +45.2%
Net profit £2,700,000£3,600,000 +33.3%
Cash £10,700,000£10,900,000 +1.9%
Total assets less current liabilities £35,500,000£37,600,000 +5.9%
Net assets £35,500,000£37,600,000 +5.9%
Equity £35,500,000£37,600,000 +5.9%
Average employees 1,1621,156 -0.5%
Wages £38,400,000£41,600,000 +8.3%
Directors' remuneration £800,000£1,000,000 +25%

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 2023-12-302024-12-28
Operating margin 3.0%4.4%
Net margin 3.1%3.8%
Return on capital employed 7.3%11.2%
Gearing (liabilities / total assets) 38.2%37.6%
Current ratio 1.48x1.44x
Interest cover 5.20x21.00x

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.

Name history

Renamed 4 times since incorporation

  1. ICONIC MEDIA HOLDINGS LIMITED 2025-09-30 → present
  2. NATIONAL WORLD LIMITED 2025-06-25 → 2025-09-30
  3. NATIONAL WORLD PLC 2019-07-30 → 2025-06-25
  4. NATIONAL WORLD LIMITED 2019-07-30 → 2019-07-30
  5. CARNO CAPITAL LIMITED 2019-05-29 → 2019-07-30

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Consolidated group
Auditor
Crowe U.K. LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors have assessed the Group's prospects, both as a going concern and its long-term viability, at the time of the approval of National World Group's Annual Report for the 52 weeks ended 28 December 2024. The Directors consider it appropriate to adopt the going concern basis of accounting in the preparation of the Group's annual consolidated financial accounts.”

Group structure

  1. ICONIC MEDIA HOLDINGS LIMITED · parent
    1. National World Publishing Limited 100% · England · Newspaper publisher
    2. National World Scotsman Publications Limited 100% · England · Newspaper publisher
    3. National World SWP Limited 100% · England · Newspaper publisher
    4. National World North East Limited 100% · England · Newspaper publisher
    5. National World North West Limited 100% · England · Newspaper publisher
    6. National World Off Road Limited 100% · England · Newspaper publisher
    7. National World Yorkshire Limited 100% · England · Newspaper publisher
    8. National World NMSY Limited 100% · England · Newspaper publisher
    9. National World Midlands Limited 100% · England · Newspaper publisher
    10. National World South Limited 100% · England · Newspaper publisher
    11. National World NI Ltd 100% · England · Newspaper publisher
    12. Not a Newspaper Limited 100% · England · Digital publishing
    13. Connect Local Limited 100% · England · Newspaper publisher
    14. JPiMedia Publishing Limited 100% · England · Newspaper publisher
    15. Bann Media Limited 100% · Northern Ireland · Newspaper publisher
    16. Insider Media Limited 100% · England · Newspaper publisher
    17. Newsco Insider Limited 100% · England · Newspaper publisher
    18. National World Systems Limited 100% · England · Digital developers
    19. Midland News Association Limited 100% · England · Newspaper publisher
    20. Express & Star Limited 100% · England · Newspaper publisher
    21. Shropshire Newspapers Limited 100% · England · Newspaper publisher
    22. Shropshire Star Limited 100% · England · Newspaper publisher
    23. The Business Magazine Group Limited 100% · England · Other publishing activities

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

6 active · 13 resigned

Name Role Appointed Born Nationality
WHITEHAIR, Russell William George Secretary 2025-11-04
DENMARK, Callum Nicholas Charles Director 2025-05-27 Nov 1989 British
DENMARK, Malcolm Charles Director 2025-05-27 Jul 1955 British
DENMARK, Tara Clare Maria Director 2025-05-27 Feb 1992 Irish
ELLIOT, Richard Emmerson Director 2025-05-27 Feb 1966 British
WHITEHAIR, Russell William George Director 2025-05-27 Aug 1957 British
Show 13 resigned officers
Name Role Appointed Resigned
EASTON, Douglas Secretary 2022-11-30 2025-11-04
VAGHELA, Vijay Lakhman Secretary 2019-07-30 2019-09-19
ONE ADVISORY LIMITED Corporate Secretary 2019-09-19 2022-11-30
BARBER, Stephen David Director 2019-07-12 2022-07-22
CAMMIADE, Daniel Director 2021-01-01 2024-06-30
DAVIES, Andrea Clare Director 2024-04-22 2025-05-27
FORDHAM, David Sidney Director 2021-09-29 2024-12-18
HOLLINSHEAD, Mark Thomas Director 2019-07-12 2025-05-27
LINDSAY, David Director 2022-09-14 2025-05-27
MANNING, Sheree Olivia Director 2023-11-09 2025-06-20
MONTGOMERY, David John Director 2019-05-29 2025-05-27
ROWE, John Director 2019-07-12 2025-06-30
VAGHELA, Vijay Kumar Lakhman Meghji Director 2019-07-12 2022-09-14

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Neo Media Publishing Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2025-06-25 Active
Mr David John Montgomery Individual Shares 25–50%, Voting 25–50% 2019-05-29 Ceased 2021-05-07

Filing timeline

Last 20 of 106 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-09-30 CERTNM Certificate change of name company PDF
  • 2025-08-20 RESOLUTIONS Resolution
  • 2025-08-19 MA Memorandum articles
  • 2025-06-25 CERT10 Certificate re registration public limited company to private
  • 2025-06-25 RR02 Reregistration public to private company
  • 2025-06-25 RESOLUTIONS Resolution
Date Type Category Description
2026-02-19 AA01 accounts Change account reference date company previous shortened PDF
2025-11-04 AP03 officers Appoint person secretary company with name date PDF
2025-11-04 TM02 officers Termination secretary company with name termination date PDF
2025-09-30 CERTNM change-of-name Certificate change of name company PDF
2025-09-04 TM01 officers Termination director company with name termination date PDF
2025-08-21 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-08-21 PSC09 persons-with-significant-control Withdrawal of a person with significant control statement PDF
2025-08-20 RESOLUTIONS resolution Resolution
2025-08-19 MA incorporation Memorandum articles
2025-08-14 CS01 confirmation-statement Confirmation statement with updates PDF
2025-08-14 AD02 address Change sail address company with old address new address PDF
2025-07-30 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-07-15 TM01 officers Termination director company with name termination date PDF
2025-06-25 CERT10 change-of-name Certificate re registration public limited company to private
2025-06-25 RR02 change-of-name Reregistration public to private company
2025-06-25 MAR incorporation Re registration memorandum articles
2025-06-25 RESOLUTIONS resolution Resolution
2025-06-19 CH01 officers Change person director company with change date PDF
2025-06-18 CH01 officers Change person director company with change date PDF
2025-06-18 CH01 officers Change person director company with change date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
20

last 12 months

Capital events
0

last 24 months

Officers appointed
6

last 12 months

Officers resigned
7

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page