BOWTIE TELEVISION LIMITED

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

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company made a net profit of £2,628,681 during the year ended 31 December 2024 and as of this date, the Company was in a net current asset position of £18,838,545 (2023: £16,203,570). The major customers are parliaments and government authorities who contribute a significant proportion of the Company's revenue. As at 31 December 2024, some of the existing contracts for these customers are due to expire within the next year, subject to renewal. However, these contracts due to expire are not sufficiently material that their potential loss would cast significant doubt on the Company's ability to continue as a going concern. The Company has obtained a letter of support from NEP Group Holdings, Inc., committing to provide financial support to the Company should this be necessary for a period of at least 12 months from the date of signing these financial statements. The Directors have carried out an assessment over NEP Group Holdings, Inc, and are satisfied that it has the ability and intention to be able to provide the support. The Directors have also assessed the forecasts of the Company and have a reasonable expectation that the Company will be able to continue in operational existence for at least 12 months from the date of signing the accounts. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Significant events

• “The decrease in trading activity was largely driven by the Company's contribution to a significant ad-hoc project delivered by the NEP Group in 2023 that was not repeated in 2024.”
• “On 17 October 2025, NEP Group Holdings, Inc., a parent entity of Bowtie Television Limited, secured a $700m equity investment led by 26North Partners LP and Carlyle (NEP Group's majority shareholder), as well as access to a $300m revolving credit facility, increasing the ability of NEP Group Holdings, Inc. to provide financial support to Bowtie Television Limited as detailed in note 2 (d).”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  -68.4%

  £16,995,561 → £5,366,867

• Cash

  -10.9%

  £367 → £327

• Net assets

  +16.2%

  £16,221,178 → £18,849,859

• Employees

  -3.5%

  57 → 55

• Operating profit

  -30.3%

  £1,646,138 → £1,147,269

• Profit before tax

  -5.7%

  £2,823,792 → £2,663,608

• Wages

  -9.3%

  £2,571,632 → £2,332,086

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