Babeshows - General Chat & Discussion

My experiment worked

From the BS forum...

(10-02-2013 00:18 )Jabba Wrote:  anyone still watching? turn the light off etc

(10-02-2013 00:32 )Fernandez Esperenda Wrote:  what are you on about?

(10-02-2013 01:58 )Rammyrascal Wrote:  bs being the lori and lolly show tonight i think is what he's on about. pretty much dominating bs tonight and the other babes either get short stints on bs1 or bsx when lolly or lori are on breaks
or sharing a bed on bs blue

right now is a perfect example. lori is on bs1, lolly is on bsxtra and the other 3 babes on (beth, madison and georgie darby) are all crammed on 1 bed on bs blue

From the STD66 forum...

(12-02-2013 21:49 )Sm© Wrote:  anyone still watching? turn the light off etc

(13-02-2013 00:29 )Rammyrascal Wrote:  of course we are and good to see your still doing digs at studio66/elitetv also cant resist it can you, especially when studio66 had a good a night as it had last night

(13-02-2013 20:12 )Rammyrascal Wrote:  interesting indeed the figures for the "big 3" so if ive got the figures sussed correctly RLC is the channel overall doing the best, std66/elitetv is doing ok thankyou, but could be in trouble if it gets hit by a massive ofcom fine. bs is doing well profit wise but is the channel most in debt

Studio 66's accounts are outdated, though. Their details on companycheck.co.uk are in regards to their last accounts submitted to Companies House, which was at the end of 2011.

Celllcast's total costs in regards to wages (2011 and 2010):



What the board was being paid:

My knowledge of accounting is pretty much limited to my own business but a couple of things stick out for me.

(13-02-2013 17:32 )winsaw Wrote:  BS making a profit but the debt is way to high, and considering they have 3.7 million in assets how come we ain't seeing it on screen

^
Unless you have other info you haven't posted, these are balance sheet figures not profit and loss accounts.

I have no idea how companies that size operate but on my balance sheet the Net Worth is total assets less total liabilities.
Working it out that way you would surely expect the net worths of the 3 companies to be in the same ballpark as the figure given.

RLC £819,422 + £971,551 - £340,915 = £1,450,058 (figure given £1,259,930)

S66 £52,079 + £813,351 - £951,056 = £-85.626 (figure given £44,777)

BS £661,214 + £3,743,210 - £4,058,439 = £345,985 (figure given £-6,892,018)

Perhaps someone with more knowledge of accounting could comment, or tell me where I'm going wrong?

here is how Companies House works out each thing

the cash at bank represents the bank balance at the end of this period

The net worth is calculated as Shareholders Funds minus Intangible Assets,

Liabilities is the sum of Trade Creditors, Bank Overdraft and Miscellaneous Current Liabilities

Assets is the sum of Stocks, Trade Debtors, Cash and Miscellaneous Current Assets

which would suggest their are outer figures that we don't have access to

Cellcast PLC shows very similar figures to Cellcast UK, except for a Net Worth of £-142,911, very different to the nearly 7million loss figure (are they doing a Starbucks and cooking the books in such a way that they avoid paying some taxes here in the UK ).

Not sure if any of it tells us anything of any real worth in relation to the channels/shows though

(14-02-2013 00:56 )winsaw Wrote:  here is how Companies House works out each thing

the cash at bank represents the bank balance at the end of this period

The net worth is calculated as Shareholders Funds minus Intangible Assets,

Liabilities is the sum of Trade Creditors, Bank Overdraft and Miscellaneous Current Liabilities

Assets is the sum of Stocks, Trade Debtors, Cash and Miscellaneous Current Assets

which would suggest their are outer figures that we don't have access to

Yes, Cash at Bank is self explanatory and Liabilities & Assets is pretty standard. However I don't have a clue what "Shareholders Funds minus Intangible Assets" really means, and I suspect I'm not alone.

Unless you can explain this it's hard to see how you can arrive at your conclusions about the financial state of the companies.

Also, taking one year in isolation is meaningless. RLC with figures of

(13-02-2013 17:32 )winsaw Wrote:  'cash at bank' of £819,422, 'liabilities' worth £340,915, 'net worth' of £1,259,930 and 'assets' worth £971,551.

would seem to be very healthy. However if the previous years balance sheet read something like - Cash at bank £1,100,000, Liabilities £200,000, Net Worth £1,500,000 & Assets £1,300,000 then they're actually on the slippery slope and need to do something.

Intangible assets are assets that are not physical so will be anything like patents and trademarks so in babe channels cases will be the names and logos

(13-02-2013 17:32 )winsaw Wrote:  mr mystery found the company financial records for the big 3 and it makes some interesting reading so thought i would post it up hear so more wold see

here is what the thing mean
cash is bank = this is how much cash they could put their hands on tomorrow
liabilities = are those amounts owed by a business at any one time
net worth = the total assets minus total outside liabilities
assets = are the things you have of "value" like money, savings, property

RLC -

'cash at bank' of £819,422, 'liabilities' worth £340,915, 'net worth' of £1,259,930 and 'assets' worth £971,551.

STD 66-

'cash at bank' of £52,079, 'liabilities' worth £951,056, 'net worth' of £44,777 and 'assets' worth £813,351.

BS-

'cash at bank' of £661,214, 'liabilities' worth £4,058,439, 'net worth' of £-6,892,018 and 'assets' worth £3,743,210.

these show that RLC is in a very good position lots of cash and assets and not a lot of debt
66 is not in a bad place but don't have a lot of available cash should they have to pay a fine for example
BS making a profit but the debt is way to high, and considering they have 3.7 million in assets how come we ain't seeing it on screen

Just for a comparison to the other channels i thought i'd add the last financial Figures of a company that was in financial trouble, these financial figures are for Bang Media (London) Limited for the year 2010 just before they went Bust (Jan 2011) The figures are classed as the company's "Key Financials" by the way.

Key financials for Bang Media - 2010 (Bang Babes) -

'cash in bank' £217,805, 'liabilities' worth £1,025,468, 'net worth' of £-94,703, and 'assets' worth £751,451,

PS, i personally haven't got a clue what all these figures mean by the way lol .

Is there a specific thread for the babes in the bath(not shower)