STAGE C 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

IFRS

Reporting scope

Consolidated group

Auditor

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In the current financial year the Group has cash outflows of £12.5m (2023: £9m inflows) and an operating loss of £17.4m (2023: £4.5m profit). The operating loss includes a loss on disposal of the right-of-use asset and lease liability of £24.9m. In addition the Group has net current liabilities at 31 December 2024 of £2.2m (2023: £10.2m net assets). The directors have prepared cash flow forecasts for a period of 12 months from the date of approval of these financial statements which indicate that, taking account of reasonably possible downsides, the Group and the Company will have sufficient funds including refunding the cash held in relation to tickets for future events, to meet its liabilities as they fall due for that period. In addition, the directors have considered a downside scenario in which there is an impact on income as a result of current inflation and cost of living reducing consumer spend and even with a revenue reduction of 20% and costs remaining the same, the entity would still meet its financial obligations for the 12 months. Consequently, the directors are confident that the Group and Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Group structure

1. STAGE C LIMITED · parent
   1. Hammersmith Apollo Limited 100% · England · Venue

Significant events

• “In the current year the Group acquired the freehold of the building for a purchase price of £11,539,500, and the existing right of use asset and lease liability were disposed for a loss of £24.9m. The property was further revalued at £68.8m.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +12.6%

  £14,720,068 → £16,571,190

• Cash

  -59.7%

  £20,887,353 → £8,427,865

• Net assets

  +51.2%

  £41,596,825 → £62,905,593

• Employees

  +10.9%

  211 → 234

• Operating profit

  -382.5%

  £6,150,726 → -£17,373,874

• Profit before tax

  -381.2%

  £6,099,507 → -£17,154,199

• Wages

  +16.7%

  £1,816,141 → £2,119,079

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