GB NEWS 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

Standalone (parent only)

Auditor

Buzzacott Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have identified no material uncertainties that may cast significant doubt over the ability of the company to continue as a going concern and therefore the financial statements are prepared on a going concern basis.”

Significant events

• “The company has some exposure to foreign currency risk due to revenue sourced from outside the UK and the recent launch of broadcasting activities in the United States.”
• “Following a review and subsequent internal audit of the revenue reported from an advertising partner a catch up payment was received which resulted in income having been understated for the year ended 31 May 2024. The following prior year adjustment has therefore been raised: Increase in revenue of £789,439; Increase in accrued income of £705,385; Increase in administrative expenses of £118,415; Increase in finance income of £34,362.”

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

Filings

3

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

  +58.4%

  £16,563,150 → £26,243,031

• Cash

  -42.2%

  £1,414,370 → £816,920

• Net assets

  -20.3%

  -£108,792,616 → -£130,844,939

• Employees

  -15.4%

  311 → 263

• Operating profit

  +32.7%

  -£32,761,926 → -£22,035,072

• Profit before tax

  +32.6%

  -£32,714,427 → -£22,052,323

• Wages

  -11.3%

  £19,433,427 → £17,233,474

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