HOMER NEWCO LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  +7.6%

  £166,107,852 → £178,701,810

• Cash

  -43.5%

  £54,206,014 → £30,629,766

• Net assets

  -7.2%

  £77,773,598 → £72,196,309

• Employees

  +7.8%

  102 → 110

  highest in 4 filed years

• Operating profit

  -38.8%

  £22,428,534 → £13,733,876

• Profit before tax

  -71.1%

  £25,433,850 → £7,353,420

• Wages

  +18.5%

  £10,596,837 → £12,554,789

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 102

Reporting scope

Consolidated group

Auditor

Sopher + Co LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. HOMER NEWCO LIMITED · parent
   1. Pitch International Holdings Limited 100% · Holdings company
   2. Telemachus Newco Limited 100% · Dormant
   3. Pitch International Commercial LLP 100% · Marketing of sponsorship rights
   4. Star Sixes Ltd 77% · Events management
   5. Pitch International Representation Limited 90% · Athlete representation
   6. Pitch Films Holdings Limited 100% · Holding company
   7. Pitch Films 101 Limited 100% · Production of sports films
   8. Pitch Films 102 Limited 100% · Production of sports films
   9. Pitch Films 103 Limited 100% · Production of sports films
   10. Pitch Investments Limited 100% · Holding company
   11. Pitchside Hospitality Limited 100% · Events management
   12. Pitch International LLP 100% · Marketing TV and new media rights
   13. Pitch International (CM) Limited 100% · Holding company

Significant events

• “At the year end the Group was in a strong position to take advantage of any suitable expansion opportunities which may arise.”
• “Moving forward, the Group is confident that it will continue to be able to grow within the television and media rights industry.”

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

Filings

4

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.