BANGO. NET 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

• Turnover

  +9.1%

  £24,563,000 → £26,802,000

• Cash

  +46.2%

  £1,034,000 → £1,512,000

• Net assets

  -42.8%

  £12,456,000 → £7,130,000

• Employees

  -5%

  119 → 113

• Operating profit

  +17.3%

  -£7,943,000 → -£6,565,000

• Profit before tax

  +9.2%

  -£8,117,000 → -£7,374,000

• Wages

  -3%

  £9,764,000 → £9,473,000

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

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 101

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Bango has prepared the financial statements for the year ended 31 December 2024 on a going concern basis, which assumes that the company will continue to operate in the foreseeable future. Financing is managed across the wider group and hence the company's going concern status is impacted by the wider group's ability to continue to provide financing to the company and obtain additional financing if required. Subsequent to the year end, Bango agreed a new $15M revolving credit facility from Natwest Bank plc. The directors have also received written confirmation of the ongoing financial support from its parent company.”

Group structure

1. BANGO. NET LIMITED · parent
   1. Bango Portugal 100% · Portugal · Trading entity in Portugal

Significant events

• “The company signed a 10 year lease on 31 March 2025 for its new UK office with an annual lease charge of £0.7M.”
• “On 5 June 2025, Bango has secured a new $15M multi-currency Revolving Credit Facility (RCF) with NatWest. The RCF provides a committed, long-term financing solution that will replace the existing £3M overdraft from Barclays.”

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

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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.