ACQUISITION OPPORTUNITY – Project Motion

Fourth generation professional auctioneers and valuers

Click here to find out more

Mazars LLP is trying to identify potential purchasers for an award-winning media business which specialises in the production of children’s TV programmes.


Background

  • This is a UK based media company which specialises in the production of animated children’s TV programmes, specialising in all forms of animation including stop motion, live action, hybrid, 2D and 3D CGI.
  • Customers include a wide-range of TV producers and broadcasters; there are currently several on-air programmes with Apple TV+, Nick Jr and CBeebies, Sky, Universal etc.
  • The Company is a Bafta, Emmy, Annie, and Kidscreen award winning studios with an international reputation for producing work of the highest quality.
  • The Company operates out of a number of leased premises in the North of England.

Key selling points

  • An experienced and dynamic team consisting of 10 permanent staff members, with eight being involved directly with the production and development side of the business.
  • Developed a world-wide reputation in the design and collaborative development of immersive entertainment.
  • Social media presence, including Facebook, Twitter and Vimeo.
  • The Company owns or has an interest in the Intellectual Property rights to various well-known productions and also holds certain selling rights to the character puppets used in various productions.
  • Principal assets comprise IT, post production and sound equipment held at the four studios. In addition, the business owns approximately 200 plus puppets and other production assets in relation to both recent and iconic programmes.
  • Management are in ongoing discussions with broadcasters for a number of high profile series and specials.

Financial Performance

(£’000)

Sep-21

(12m Stat.)

Sep-22

(12m Stat.)

Sep-23

(12m Mgt.)

Jan-24

(4m Mgt.)

Revenue4,7364,28061018
Cost of Sales(3,672)(2,774)(643)(126)
Gross Profit1,0641,506(33)(107)
GP%22%35%-5%-581%
Administrative Expenses(460)(497)(501)(141)
Rent and Rates(310)(315)(380)(112)
EBITDA294695(914)(360)

Next Steps

Further information can be provided on request and following receipt of a signed non-disclosure agreement.
Offers are invited in relation to the shares or business and assets.


Contact

For further information, please contact:

Victoria Stewart 
Mazars LLP
E: Victoria.stewart@mazars.co.uk 
T: (+44) 7580421921