CHRISTIE LITES COVENTRY LIMITED

• ⚠

  Material uncertainty over going concern

  That assessment is dependent on Christie US-CD-UK Holdings LLC providing additional financial support during the going concern assessment period. Christie US-CD-UK Holdings LLC have indicated their intention to continue to make such funds available as are needed by the Group and Company through the going concern period. As with any Group and Company placing reliance on other group entities for financial support, the directors acknowledge that there can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe that it will not do so.

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

  -7.4%

  £17,626,545 → £16,320,122

• Cash

  +286.2%

  £62,822 → £242,613

• Net assets

  -464.1%

  £333,066 → -£1,212,834

• Employees

  +13.3%

  60 → 68

  highest in 6 filed years

• Operating profit

  -305.7%

  £707,349 → -£1,454,706

• Profit before tax

  -372.4%

  £709,828 → -£1,933,610

• Wages

  -1.8%

  £3,640,001 → £3,574,380

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

HaysMac LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“That assessment is dependent on Christie US-CD-UK Holdings LLC providing additional financial support during the going concern assessment period. Christie US-CD-UK Holdings LLC have indicated their intention to continue to make such funds available as are needed by the Group and Company through the going concern period. As with any Group and Company placing reliance on other group entities for financial support, the directors acknowledge that there can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe that it will not do so.”

Group structure

1. CHRISTIE LITES COVENTRY LIMITED · parent
   1. Christie Lites Glasgow Ltd 100% · Scotland · A stage event lighting company, providing rentals and services unique to the events industry

Significant events

• “Like many businesses in the entertainment industry, we faced some challenges during the year, such as ongoing global supply chain issues, return to business after the COVID-19 pandemic, and consistently changing safety regulations.”
• “For 2024, revenue decreased by 7,4% from 2023 to 2024. This was acceptable as management expected a cooling off period related to the 2022 Covid rebound.”
• “Christie Lites UK is poised for steady growth over the next 12 to 24 months (mid-2025 to mid-2027), driven by technological advancements and a resurgence in live events and entertainment. The addition of two new rental reps in combination with weakening competition, leads us to expect a growth rate of 10 to 12% annually over the coming years.”

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

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.