TIMES MEDIA LIMITED

1. TIMES MEDIA LIMITED 2022-11-22 → present
2. TIMES NEWSPAPERS LONDON LIMITED 2022-11-22 → 2022-11-22
3. TIMES NEWSPAPERS LIMITED 1966-12-22 → 2022-11-22

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making due enquiries and considering the forecasts of the News UK group, incorporating the impact of global macroeconomic inflationary pressures, the general challenging market environment, access to funds through the group facility and the Parent Company support, the directors have a reasonable expectation that the Company has adequate resources to continue in operation and meet its liabilities as they fall due for the going concern assessment period to 31 December 2026. These considerations include the company, as well as the wider News Corp group. Accordingly, the financial statements are prepared on the going concern basis.”

Significant events

• “The Times and The Sunday Times digital paid subscriptions totalled 640,000 at June 30 2025, representing 86% (2024-84%) of the overall total of 740,000 subscribers. Digital paid subscriptions grew by 46,000 compared to the previous year, achieving an 8% growth rate.”
• “Times Media relaunched the mobile app of The Times and The Sunday Times, introducing significant editorial enhancements and an upgraded advertising proposition. Times Media benefitted from the migration of thetimes.co.uk to thetimes.com, which has contributed to growth in our international audience, notably in the US.”
• “At the prestigious Press Awards 2025, the titles won 13 awards. The Times won Daily Newspaper of the Year for the second year running and The Sunday Times won Sunday Newspaper of the Year for the third year in a row.”
• “Times Radio... celebrated its one billionth view on its dedicated YouTube channel during the year, now boasting 1.47 million subscribers and establishing itself as one of the UK's fastest-growing news video platforms.”
• “The investigative podcast Cocaine Inc., produced by The Times, The Sunday Times, and News Corp Australia, earned the top prize in the Investigative Journalism Podcast category at the New York Festivals Radio Award, surpassing one million downloads globally.”
• “In September 2024, News UK held its second AI Summit at The News Building, inviting senior managers from every department across the business to participate.”
• “In June 2025, the Board oversaw the launch of Gemini Al as part of News UK's Google Workspace, bringing AI directly into the Google Workspace apps employees use every day.”
• “In January 2025... the Board approved and oversaw the expansion of talkSPORT's distribution onto leading smart TV platforms.”
• “In February 2025, the Board facilitated The Sun launching Sun Club, a brand new membership programme offering Sun readers more great content than ever before.”
• “The Board led the acquisition of Bauer Media's stake in Octave IP Limited ("Octave")... in February 2025.”
• “The Board actively drove the strategic decision for Wireless Ireland to rebrand as Onic in March 2025.”
• “In April 2025, the Board played a pivotal role in the strategic review and subsequent launch of the enhanced Times Live App.”
• “The Board formally oversaw the launch of The Times and The Sunday Times' new brand campaign, "Times change. The Times remains," in June 2025.”
• “Disposal of The Fifth... with fast-expanding digital marketing services business, Brave Bison, for its social strategy division Social Chain to acquire The Fifth.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +1.9%

  £383,435,000 → £390,704,000

• Cash

  +75.2%

  £144,989,000 → £254,073,000

• Net assets

  +26.8%

  -£256,998,000 → -£188,146,000

• Employees

  +1.9%

  646 → 658

• Operating profit

  +13.4%

  £61,044,000 → £69,195,000

• Profit before tax

  +13.4%

  £61,044,000 → £69,195,000

• Wages

  +2.6%

  £48,854,000 → £50,147,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers