TRAVEL CONTENT LIMITED

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -17%

  £1,617,930 → £1,342,672

• Cash

  -1.4%

  £27,114 → £26,723

• Net assets

  -9.4%

  -£62,644,708 → -£68,545,004

• Employees

  0%

  2 → 2

• Operating profit

  -65.4%

  -£1,344,513 → -£2,223,815

• Profit before tax

  +87%

  -£52,328,994 → -£6,809,449

• Wages

  -47.1%

  £2,534,106 → £1,339,766

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Loucas

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis notwithstanding he fact that the company has a deficiency on total equity at the end of the year. The directors consider this basis to be appropriate as the company has sufficient facilities available from its shareholders to fund its working capital requirements for a period of at least twelve months from the date these financial statements were approved. The directors have considered the current strength of the group's liquidity, the projected profitable performance of the group over the next twelve months, and the resources available to the company. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. TRAVEL CONTENT LIMITED · parent
   1. eSubstance Limited 100% · London, SE1 0SU

Significant events

• “The year ending 31 December 2024 saw a continuation of the provision of Management Services to the Company's trading subsidiaries, generating an LBITDA of -$2.97m (2023: -$1.8m).”
• “The Group and Company's success is driven by growing demand from the advertising sector and, in particular, that which relates to the global travel industry.”
• “The geographical spread of the Group's partner and operations contracts means that it can be impacted by any local political issues that arise within their region of operation. During the year, the Group and Company has been minimally impacted by political issues and, where deemed necessary, the Company's results have been adjusted accordingly.”

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.