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Buzzfeed Uk Limited

08318051

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

5 NEW STREET SQUARE, LONDON, EC4A 3TW
Incorporated 04/12/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58190
Other publishing activities

Officers

Taylor Wessing Secretaries Limited

secretary · Since 04/12/2012

BRITISH

Also on 1085 other boards

Jonah Peretti

director · Since 05/12/2012

CEO BUZZFEED INC.

AMERICAN · UNITED STATES · Age 52

Matthew Omer

director · Since 10/11/2023

CHEIF FINANCIAL OFFICER

AMERICAN · UNITED STATES · Age 42

CompanyRankvs 66770+ SIC 58190 peers
40

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.79× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

not less than twelve months from the date these financial statements were approved. BuzzFeed, Inc. previously disclosed conditions that raised substantial doubt about its ability to continue as a going concern, which was due to the holders of the $150.0 million aggregate principal amount of unsecured convertible notes due 2026 (the "Notes") having the ability to require the Company to repurchas

Key FinancialsYear ending 31/12/2024

Turnover

£4.1M

Annual revenue

Net Worth

-£15.5M

Balance sheet strength

Cash

£691k

Cash in the bank

Profit Before Tax

£344k

Bottom line earnings

Net Current Assets

-£17.4M

Working capital

Current Assets

£64.2M

Current Liabilities

£81.7M

Fixed Assets

£2.2M

Debtors

£63.6M

Admin Expenses

£4.0M

Operating Profit

£174k

Profit After Tax

£279k

84avg. employees+84

Tax at Year End

Corp tax£65k

People Costs

Wages & salaries£1.7M
NI contributions£183k

Balance Sheet

Assets less current liabilities-£15.3M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.79+£332k
20230.78+£103k
20220.74-£15.9M
20210.35+£0
20200.35+£1
20190.45

Derived from filed accounts. Not audited figures.