CREAM GLOBAL LIMITED

1. CREAM GLOBAL LIMITED 2020-12-03 → present
2. CREAM HOLDINGS LIMITED 1995-11-13 → 2020-12-03
3. TILELAKE LIMITED 1995-10-05 → 1995-11-13

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

“The directors have paid exceptionally close attention to cashflow projections under a range of scenarios over the period to 31 December 2026. The company has net assets, is profit making, holds cash and has no bank debt. In addition, the company's ultimate parent undertaking, Live Nation Entertainment, Inc. has committed to provide financial support, if required, to enable the company to meet its obligations as and when they fall due for a period to 31 December 2026.”

Group structure

1. CREAM GLOBAL LIMITED · parent
   1. Cream Liverpool Limited 100% · UK · Dormant
   2. C.I. (Events) Limited 100% · UK · Dormant
   3. Cream Events Limited 100% · UK · Dormant
   4. Noisily Festival Limited 50.1% · UK · Promotion and organisation of music festivals

Significant events

• “The company is included in a group VAT registration with its subsidiaries C. I. Events Limited, Cream Liverpool Limited and Cream Events Limited and is therefore jointly and severally liable for all the other companies within the VAT groups' unpaid debts in this connection.”
• “The company had no capital commitments or contingent liabilities at 31 December 2024 or 31 December 2023.”

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

  -13.4%

  £40,117,831 → £34,727,591

• Cash

  -70.5%

  £9,876,589 → £2,917,599

• Net assets

  +23.4%

  £9,806,346 → £12,099,729

• Employees

  -24.1%

  29 → 22

• Operating profit

  -36.1%

  £3,783,084 → £2,417,567

• Profit before tax

  -31.6%

  £4,756,864 → £3,254,425

• Wages

  -9.6%

  £2,082,172 → £1,881,376

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