Enthuse sells a majority stake in SafeShip Fulfilment Ltd
Enthuse has sold a majority stake in SafeShip Fulfilment Ltd to management but retains a significant minority share in the business. We believe that this operating model offers the best opportunity to grow and develop the e-commerce and ...
16 May 2022
Enthuse Group’s MyTime Media Ltd announces the sale of four of its brands to Mortons Media Group Ltd
The brands are, RCM&E, Model Boats, Model Engineer and Model Engineers’ Workshop. The magazines will continue to be led by their existing editors.
“We have owned these magazines for over 15 years but with our business focus ...
31 Mar 2022
Enthuse Group’s AA Media launches partnership to reduce food waste in the hospitality sector
AA Hotel and Hospitality Services is partnering up with the sustainability app Too Good To Go to help its members fight food waste.
Every year, UK food businesses waste 100,000 tonnes of surplus food - but there’s a better way. The ...
21 Jun 2021
Enthuse Group posts resilient results for the year ended December 2020
At the outset, I thank all our employees who worked under the strain of Covid-19 to deliver these results for the group. Everyone in our group has a strong sense of purpose of being there for each of our communities in difficult times. That...
21 Apr 2021
Enthuse Group posts strong growth for the year ended December 2019.
For the year ended December 2019, group turnover increased by 78% to £18.6m and operating profit of £1.8m was up 41%. At the end of 2019, the group had net debt of £0.9m.
It was a year of further progress for the group. It acquired a...
26 Oct 2020
Enthuse Group’s AA Media Ltd launches ‘Covid Confident’ Scheme for the Hospitality Sector
AA Media Ltd has today launched a ‘Covid Confident’ accreditation scheme for the hospitality sector. The new scheme aims to give customers the confidence to visit hotels, B&Bs, restaurants and other leisure establishments once lockdown ...
17 Jun 2020
Enthuse Group Founder Awarded LDC Top 50 Accolade
Enthuse Group Chief Executive, Owen Davies has today been awarded with the LDC Top 50 Most Ambitious Business Leaders in the UK. The award by LDC, the private equity arm of Lloyds Banking Group in conjunction with The Daily Telegraph was ...
8 Oct 2019
Enthuse Group Acquires Majority Stake in Shield Wall Media LLC
Enthuse Group, announces today that it has agreed to acquire a 50.1% stake in Shield Wall Media LLC, a US based media group based in Wisconsin, through its subsidiary, MyTime Media Americas Inc.
Shield Wall Media owns construction trade ...
22 Jul 2019
Enthuse Group posts record results for the year ended December 2018
Highlights for the year ended 31 December 2018
Turnover of £10.5m, up 75% on the prior year
EBITDA of £1.34m up by 313% compared to the prior year
Operating profit of £1.29m
Net cash balance at 31 December 2018 of £1.5m
21 Mar 2019