HARTMANN MEDIA LTD
Opportunity 74/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -59% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).
Refinance opportunity
1 live charge · oldest 25.2y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 25.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £-226.6k | £-224.5k |
| Current assets | £44.2k | £41.7k |
| Cash | £1.9k | £4.7k |
| Debtors | £7.7k | £8.6k |
| Net assets | £-226.6k | £-224.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (27 events)Click to expand
- 2025-06-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-05-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-05-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-05-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-05-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-04-25➕HARTMANN, Johnnie Fortune Alexander appointeddirector
- 2025-04-25➖FRASER HARTMANN, Tessa Megan Fortune resigneddirector
- 2024-06-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-15📄change-person-director-company-with-change-dateofficers · CH01
- 2018-06-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-06-21📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2001-02-20🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1997-06-30➕KAY, Douglas appointedsecretary
- 1997-06-30➖MCLUCKIE, Fiona Marie Dawson resignedsecretary
- 1992-02-03🏢Company incorporatedAs HARTMANN MEDIA LTD
- 1992-02-03➕MCLUCKIE, Fiona Marie Dawson appointedsecretary
- 1992-02-03➕REID, Brian appointednominee-secretary
- 1992-02-03➖REID, Brian resignednominee-secretary
- 1992-02-03➕FRASER HARTMANN, Tessa Megan Fortune appointeddirector
- 1992-02-03➕MABBOTT, Stephen appointednominee-director
- 1992-02-03➖MABBOTT, Stephen resignednominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "HARTMANN" — strong identity link between founder and business.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanGroup structure
Tube Developments Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Tube Developments Ltd Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
Mr Johnnie Fortune Alexander Hartmann Individual · British · DOB 08/2004 · age 22 | — | — | sig. influencesignificant influence | 25/04/2025 |
1 historic (ceased) PSC
- Mrs Tessa Megan Fortune Hartmannceased 25/04/2025· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (2 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 20/02/2001 | — |