Roadchef: M25 and M1 delays force motorway services to a loss July 21, 2025 Significant disruption on the M25 and M1 forced motorway service station chain Roadchef into the red in 2024, it has been revealed. The Staffordshire-headquartered group, which operates a 30-strong network of motorway service stations, has posted a pre-tax loss of £5.9m for its latest financial year. The total comes after the business achieved a pre-tax [...]
Brit Awards in the red ahead of Manchester move July 21, 2025 The company behind the Brit Awards has fallen into the red ahead of moving the annual event out of London for the first time in its history. Brit Awards Limited has reported a pre-tax loss of £12,653 for 2024, new accounts filed with Companies House have confirmed. The loss comes after the business made a [...]
Losses continue at Simon Cowell’s talent agency YMU amid high-profile departures July 18, 2025 Losses continued at the London talent agency which represents the likes of Simon Cowell, Graham Norton and Ant and Dec in the period it was sold for £60m, it has been revealed. YMU, whose clients also include Stacey Solomon and Davina McCall, was taken over by Permira Credit in March 2024. The deal, which saw [...]
Maker of Gary Neville’s The Overlap surges into profit July 17, 2025 Gary Neville’s production company has returned to profit after its main show, The Overlap, almost doubled in value, it has been revealed. Buzz 16 Productions has posted a pre-tax profit of £743,306 for the year to 30 June, 2024, new accounts filed with Companies House show. The turnaround comes after the company posted a pre-tax [...]
Companies House crackdown: 11,500 firms struck off July 17, 2025 Over 11,000 UK firms have been struck off the Companies House register over the past year following a coordinated crackdown on corporate structures suspected of facilitating fraud, money laundering and other economic crime. The operation, led by the National Economic Crime Centre and supported by the National Crime Agency, Companies House, HMRC, and several UK [...]
Harry Potter TV series maker falls into the red as shooting starts July 17, 2025 A company run by the new co-producer of the James Bond franchise entered the red ahead of starting work on the new Harry Potter TV series, it has been revealed. Heyday Television is a joint venture between Heyday Films, which was founded in 1996 by producer David Heyman, and Universal International Studios. In March this [...]
Companies House reforms: 1 in 5 firms shift addresses July 16, 2025 More than one in five UK companies changed their registered address between January 2022 and February 2025, highlighting the extent of internal corporate changes taking place ahead of major Companies House reforms. Moody’s data, shared exclusively with City AM, also found that nearly 14 per cent of companies changed legal status during the same period. [...]
Swatch: Rachel Reeves’ tax hikes could see profit fall further July 16, 2025 Swiss watch brand Swatch has warned its UK profit could continue to shrink as a result of Chancellor Rachel Reeves’ tax hikes. The business has said the increase in employer’s National Insurance contributions – which were announced in October 2024 and came into effect in April this year – will increase operational costs. Swatch added [...]
Zip World: Losses revealed ahead of £100m takeover July 15, 2025 Adventure park operator Zip World fell into the red before being acquired by a private equity firm in a deal worth £100m, it has been revealed. In January, City AM reported that the Wales-headquartered company had become the latest investment for Dolphin Capital. The firm currently runs eight sites in Wales, Manchester, Cumbria and London [...]
Lloyds Bank-owned firm slumps into the red after huge profits July 15, 2025 Lex Autolease, the car leasing company owned by Lloyds Bank, has fallen into the red two years after posting a profit of more than £500m. The firm, which is headquartered in London, has reported a pre-tax loss of £10.6m for 2024, according to new accounts filed with Companies House. The total comes after the business achieved [...]