HIT ENTERTAINMENT LIMITED

1. HIT ENTERTAINMENT LIMITED 2005-05-25 → present
2. HIT ENTERTAINMENT PLC 1992-05-14 → 2005-05-25
3. HIT COMMUNICATIONS PUBLIC LIMITED COMPANY 1989-09-07 → 1992-05-14
4. GAINBASE PUBLIC LIMITED COMPANY 1989-02-01 → 1989-09-07

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Given the Company's loss position for the 2024 financial year and net current liability position, it has sought and obtained a letter of support from its ultimate parent company Mattel Inc. Consequently, the directors believe that for any reason should the Company be unable to meet its liabilities then Mattel Inc. will provide financial support to the Company in accordance with this letter such that the Company is able to operate as a going concern and to settle its liabilities as they fall due for at least 12 months from the date of approving these financial statements. The Company has assessed whether it can rely upon the letter of support and has no concern in that regard. Therefore, these financial statements are prepared on a going concern basis.”

Group structure

1. HIT ENTERTAINMENT LIMITED · parent
   1. Gullane (Productions) Limited 100% · UK · Film production
   2. Prism Art and Design Limited 100% · UK · Exploitation of character licensing rights
   3. The Magic Railroad Company Limited 100% · UK · Dormant
   4. HIT Consumer Products Limited 100% · UK · Promotion of audio rights
   5. HIT Attractions Limited 100% · UK · Exploitation of character licensing rights
   6. Rainbow Magic Limited 100% · UK · Ownership and exploitation of intellectual property
   7. Gullane Entertainment Limited 100% · UK · Holding company
   8. HIT (MTK) Limited 100% · UK · Ownership and exploitation of intellectual property
   9. Gullane (Thomas) Limited 100% · UK · Exploitation of the Thomas & Friends character licensing rights
   10. PT Mattel Indonesia 99.99% · Indonesia · Toy manufacturing

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +106.6%

  £1,372,000 → £2,834,000

• Cash

  +108.6%

  £116,000 → £242,000

• Net assets

  -67%

  £3,850,000 → £1,271,000

• Employees

  -17.2%

  29 → 24

• Operating profit

  +31.8%

  -£5,002,000 → -£3,412,000

• Profit before tax

  +31.8%

  -£5,002,000 → -£3,412,000

• Wages

  -5.2%

  £2,385,000 → £2,260,000

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