Dave_A
Senior Poster
Posts: 488
Joined: Sep 2015
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RE: studio 66 sky channel 923 to closedown
(08-06-2020 21:38 )The Silent Majority Wrote: (08-06-2020 20:16 )Dave_A Wrote: The last financial accounts records in that link are made up to 31 December 2018, not last year(2019)
Do you have any links to last years accounts, because it's last years accounts that you were talking about, not the year before that
Were you actually talking about the financial account records made up to 31 December 2018, and not last years financial records ? (made up to 31 December 2019)
The accounts to Dec 2019 aren't due to be filed until September.
Yes, i know, iv'e been giving links to this info and site for quite a while, i couldn't resist pulling BarrieBF's leg after reading what he said about last years accounts .
That's why i asked to give a link to the accounts up to December 2019, already knowing that the accounts for 2019 aren't due until September.
It's just me with my mischievous head on .
PS, iv'e just noticed i got BarrieBF and marlow mixed up in my replies lol
(This post was last modified: 09-06-2020 00:20 by Dave_A.)
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08-06-2020 23:44 |
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winsaw
winsaw is the insider lol
Posts: 34,233
Joined: Oct 2010
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RE: studio 66 sky channel 923 to closedown
(08-06-2020 15:12 )marlowe Wrote: Yes last year, when their financial position was also pretty good, as their company accounts clearly demonstrate.
as usual you are making things up, unless you work of 66 you cant have seen last year accounts yet, the 2019 accounts have not yet been published publicly, so are you calming you work of 66 which i think is rubbish or are you just making stuff up
currently walking on the Sunny side of the street
Best Cap Poster 2016 & 2017, runner-up 2018, 2019, 2020, 2021, 2022 & 2023
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09-06-2020 13:30 |
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winsaw
winsaw is the insider lol
Posts: 34,233
Joined: Oct 2010
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RE: studio 66 sky channel 923 to closedown
(08-06-2020 15:34 )southlondonphil Wrote: In reality, Studio 66 have been running down the TV side of the business for some time. It's their policy of trying to get viewers online and away from the TV that is the cause of them needing less TV channels, not any supposed financial problems.
yes they have been trying to get people on the webshow for some time, but it was the financial issues they had around the turn of the year that really pushed this along, 66 came close to winding its self up and restarting as a new company , in the end things got better but they still followed there more aggressive idea of losing 1 channel, 914 is a whole different thing and not planed for in the time period i am talking about,
currently walking on the Sunny side of the street
Best Cap Poster 2016 & 2017, runner-up 2018, 2019, 2020, 2021, 2022 & 2023
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09-06-2020 13:36 |
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The Silent Majority
Not any more
Posts: 5,856
Joined: Apr 2011
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RE: studio 66 sky channel 923 to closedown
(09-06-2020 13:30 )winsaw Wrote: (08-06-2020 15:12 )marlowe Wrote: Yes last year, when their financial position was also pretty good, as their company accounts clearly demonstrate.
as usual you are making things up, unless you work of 66 you cant have seen last year accounts yet, the 2019 accounts have not yet been published publicly, so are you calming you work of 66 which i think is rubbish or are you just making stuff up
It's all just speculation. By both of you.
Balance sheets only tell half the story and are not necessarily an indication of profitability.
It's worth noting that a long term creditor, to the tune of £230K, appeared on the balance sheet in 2016 and has remained there up to the most recent set of accounts.
Again we can only speculate, but it looks a lot like a loan account of some sort. If it is, and it was called in last year for whatever reason, it would make things very sticky for them.
So, without an up to date set of accounts, neither of you can say with any certainty what sort of shape they're in
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09-06-2020 14:00 |
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