THE CHANNEL COMPANY INTERNATIONAL LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-20 (in 9mo)
Last made up 2026-02-06
Watchouts
Cash
£528K
-68.6% vs 2023
Net assets
£16M
-31.5% vs 2023
Employees
154
-3.1% vs 2023
Profit before tax
-£8M
-140.7% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The Board is confident that should further funding be required, the Group's immediate parent entity, The Channel Company Inc will be able to source this As a result, a letter of support has been obtained from the immediate parent entity, who have confirmed they will continue to support the company and provide any further Intercompany financing, if required, for a period of at least 12 months from the date of approval of the financial statements
-
Audit opinion: Qualified
Latest auditor's report carried a non-clean opinion.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £15,359,000 | £13,864,000 | |
| Operating profit | -£2,647,000 | -£5,778,000 | |
| Profit before tax | -£3,176,000 | -£7,646,000 | |
| Net profit | -£2,746,000 | -£7,196,000 | |
| Cash | £1,681,000 | £528,000 | |
| Total assets less current liabilities | £46,778,000 | £40,300,000 | |
| Net assets | £22,825,000 | £15,628,000 | |
| Equity | £22,825,000 | £15,628,000 | |
| Average employees | 159 | 154 | |
| Wages | £7,590,000 | £7,665,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -17.2% | -41.7% | |
| Net margin | -17.9% | -51.9% | |
| Return on capital employed | -5.7% | -14.3% | |
| Gearing (liabilities / total assets) | 58.0% | 71.2% | |
| Current ratio | 1.14x | 0.95x | |
| Interest cover | -1.73x | -3.66x |
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.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- PKF Littlejohn LLP
- Audit opinion
- Qualified
- Going concern
- Material uncertainty disclosed
“The Board is confident that should further funding be required, the Group's immediate parent entity, The Channel Company Inc will be able to source this As a result, a letter of support has been obtained from the immediate parent entity, who have confirmed they will continue to support the company and provide any further Intercompany financing, if required, for a period of at least 12 months from the date of approval of the financial statements”
Group structure
- THE CHANNEL COMPANY INTERNATIONAL LIMITED · parent
- bChannels International Channel Services Limited 100%
- bChannels Limited 100%
- bChannels Inc 100%
- bChannels Pty Limited 100%
- bChannels Iberica SL 100%
- Twelve Marketing Services Limited 100%
- The Channel Company EMEA Limited 100%
Significant events
- “There are no events subsequent to 31 December 2024 that will have a material effect on the consolidated financial statements”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BANNETT, Gary Eric | Director | 2024-11-25 | Aug 1965 | American |
| YORKE, Matthew Sidney | Director | 2024-05-07 | Apr 1968 | American |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| RADDON, Blaine | Director | 2022-02-07 | 2024-05-07 |
| SADEQUE, Nasima | Director | 2023-06-15 | 2024-11-25 |
| TRUBY, Mark Philip | Director | 2022-02-23 | 2023-05-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr George Louis Majoros | Individual | Shares 25–50%, Voting 25–50% | 2022-02-07 | Active |
| Mr Anup Bagaria | Individual | Shares 25–50%, Voting 25–50% | 2022-02-07 | Active |
Filing timeline
Last 20 of 23 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-03-09 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-05 | AA | accounts | Accounts with accounts type group | |
| 2025-04-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-05 | AA | accounts | Accounts with accounts type group | |
| 2024-05-10 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-05-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-09 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-24 | AA | accounts | Accounts with accounts type group | |
| 2023-06-16 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-16 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-04-22 | RP04SH01 | capital | Second filing capital allotment shares | |
| 2023-04-18 | RP04SH01 | capital | Second filing capital allotment shares | |
| 2022-07-13 | SH01 | capital | Capital allotment shares | |
| 2022-03-23 | AP01 | officers | Appoint person director company with name date | |
| 2022-03-09 | RESOLUTIONS | resolution | Resolution | |
| 2022-03-08 | AA01 | accounts | Change account reference date company current shortened |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-9.7%
£15,359,000 £13,864,000
-
Cash
-68.6%
£1,681,000 £528,000
-
Net assets
-31.5%
£22,825,000 £15,628,000
-
Employees
-3.1%
159 154
-
Operating profit
-118.3%
-£2,647,000 -£5,778,000
-
Profit before tax
-140.7%
-£3,176,000 -£7,646,000
-
Wages
+1%
£7,590,000 £7,665,000
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