UNDERCURRENT NEWS LIMITED
Company number 08186687 · Monitor this company
Executive summary
Undercurrent News Limited represents a compelling case study in niche B2B publishing resilience, having navigated a challenging turnaround from negative net assets of (£85,783) in 2016 to a positive position of £48,235 by 2024. The company's substantial cash reserves of £703,211—representing 83% of total assets—provide significant operational flexibility, though the apparent current ratio of 1.07:1 is somewhat distorted by substantial intercompany creditor balances under the UCN Holdings parent structure. Within the specialized seafood industry intelligence sector, Undercurrent occupies a recognized niche position competing against a small field of global providers, where its lean 12-person operation and established brand since 2012 provide meaningful competitive advantages, even as modest retained profitability suggests there is room for margin improvement relative to sector benchmarks of 15-25% EBITDA margins for mature B2B publishers.
Shareholders' funds
£48,235
Balance sheet as at 2024-08-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2012-08-21
- Employees
- 12 (2024 accounts · was 13 in 2023)
- Registered office
- C/O Adams Beeny, 4 Sudley Road, Bognor Regis, West Sussex, England, PO21 1EU
- Postcode
- PO21 1EU
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2024-08-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2025-08-17
- Next due by
- 2026-08-31
Nature of business (SIC)
- 58190 Other publishing activities
Officers 1 current · 1 resigned
Group structure
Controlled by UCN HOLDINGS LIMITED — since 2019-02-05
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — ZB222113 (Tier 2), registered since 2021.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- undercurrentnews.com
- Phone
- +44 20 3735 9118, +44 20 7652 1605, +44 20 7652 5258
Daily business news, analysis and data for the global seafood industry.
Among its peers
Top 25%
by shareholders' funds, of 81 similar companies in PO
2nd largest employer among its local peers (12 staff).
Among the oldest 25% of its local peers, trading since 2012.
No.12 of the largest other publishing activities companies in Portsmouth →
Competitors Portsmouth
This company ranks 12 among other publishing activities in Portsmouth.
The class of 2012
25%
of the 1,293 companies in this sector incorporated in 2012 are still active today; 73% have since been dissolved.
A fact about the year, not a forecast for this company.