NOVA ENTERTAINMENT (UK RADIO 2) PTY LIMITED

1. NOVA ENTERTAINMENT (UK RADIO 2) PTY LIMITED 2014-03-04 → present
2. DMG (UK RADIO 2) PTY LIMITED 2009-12-15 → 2014-03-04
3. DAILY MAIL (UK RADIO 2) PTY LTD 2004-08-12 → 2009-12-15

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

Australian Accounting Standards - Simplified Disclosure Requirements

Reporting scope

Consolidated group

Auditor

PwC Australia

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Group is satisfied that it will be able to meet all its obligations as they fall due, due to its history of generating positive operating cash flows, its expected future profitability, existing cash reserves and available debt facilities. At 31 December 2024, the Group had net current liabilities of $60,286,000 (2023: $73,103,000). This arises in part because the external borrowing is classified as current at year end. As noted in note 15, the term of this loan was extended to 30 June 2027.”

Group structure

1. NOVA ENTERTAINMENT (UK RADIO 2) PTY LIMITED · parent
   1. Nova Entertainment Pty Ltd 100% · Australia · Corporate operations
   2. Nova 96.9 Pty Ltd 100% · Australia · Commercial radio broadcasting
   3. Nova Entertainment (Adelaide) Pty Ltd 100% · Australia · Non-operating
   4. Nova Entertainment Digital Pty Ltd 100% · Australia · Digital content & advertising
   5. Nova Entertainment Licensing Investments Pty Limited 100% · Australia · Corporate

Significant events

• “Current external borrowings represent a loan facility with the Commonwealth Bank of Australia (CBA) which at balance date was due and payable on 30 June 2025. Effective 28 April 2025, the loan facility with the Commonwealth Bank of Australia (CBA) was refinanced and the due date of the facility extended to 30 June 2027.”

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

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

  +1%

  £99,224,914 → £100,248,178

• Cash

  -18%

  £5,794,383 → £4,752,358

• Net assets

  -22.7%

  £33,328,688 → £25,749,357

• Employees

  —

  Not reported

• Operating profit

  -16.8%

  £11,466,016 → £9,541,166

• Profit before tax

  -74.8%

  £7,056,711 → £1,778,516

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