CHINA GLOBAL TELEVISION NETWORK EUROPE LTD.

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

Blick Rothenberg Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In undertaking their assessment, the directors have acknowledged the Company is dependent upon its immediate parent entity's ability to fulfil its obligations under the current service agreement. In assessing going concern, the directors have given due consideration to historical and current trading, together with forward looking projections. The directors have reviewed the cash position of its immediate and ultimate parent entity, and believes that the parent entities will have sufficient financing to ensure cash flows for the next twelve months in order to provide financial support to the Company should it be required. As such, the directors continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Significant events

• “In 2024, the Company focused on creating high-quality content to form a brand in media industry and expand the Company's awareness. In this regard, the Company launched a number of independently planned news products. The topics that were covered included but were not limited to: the Paris Olympics, Rise of Far right, China explained, Climate Crisis, Bridge Builders Series etc.”
• “Some key production works, such as war zone coverage in Ukraine, China Explained mini-series have won international awards, including NYF TV & Film Awards, W3 Award, Lovie Awards etc.”

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

Filings

7

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

  -3.5%

  £28,003,397 → £27,022,194

• Cash

  +17.1%

  £4,587,801 → £5,371,486

• Net assets

  +11.3%

  £9,403,615 → £10,463,675

• Employees

  +7.5%

  107 → 115

• Operating profit

  -57.4%

  £2,729,812 → £1,164,260

• Profit before tax

  -72.1%

  £2,409,192 → £671,540

• Wages

  -0.2%

  £12,017,969 → £11,992,821

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