Volant Media Uk Ltd

Volant Media Uk Ltd, based in London, is a large, active company founded nine years ago in 2015. Employing 344 people and boasting assets of £22.17 million, it generates £7,000 in revenue annually. The company, with two directors and a solo founder, operates from a real address in Park Royal. It’s a regular importer and exporter of electrical machinery and equipment, with 16 months of import activity and 5 months of export activity recorded.

Volant Media’s website reveals it’s an independent media company focused on creating and nurturing brands and services, particularly around unbiased information. A key brand under its umbrella is Iran International, a 24/7 Persian news channel targeting audiences in Iran and the diaspora. The company is also expanding its coverage of Afghanistan and actively seeks talented media professionals to join its team. It’s clear the company is focused on broadcasting and related activities.

Financially, Volant Media presents a mixed picture. While its assets remain stable, there’s a notable increase in administrative expenses – up 74% to £30 million. This could be due to expansion and increased staffing. Bank borrowings have also increased significantly, rising 39% to £40 million. Interestingly, accrued liabilities have decreased, which is a positive sign. The company’s net assets have fallen by 23%, a considerable drop, and the company is burning through cash. Despite these challenges, the company's turnover has fallen dramatically, from £47 million to just £7,000. The company is audited by Haines Watts, Statutory Auditor.

Overall, Volant Media appears to be navigating a period of change. While it’s a large operation with a global presence, the financial data suggests it’s facing challenges in maintaining profitability, and it's likely the company is relying on external funding to sustain its operations.

Registered in England/Wales under the registration number 09918100, with a registered address at NW10 7FY, England, London, Unit 5 Central Park, Central Way, Park Royal.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.