
Ask any of the networks how they are doing financially, and they will all tell you they are doing fine, bucking the trend, doing loads of business (go on, try it, just phone any network at random and ask them), However although I’m sure they wouldn’t tell a deliberate untruth, we also get the last two years accounts from Companies House, and apply the usual ratios (current, acid test and gearing) just to confirm how well they are doing.
Company accounts
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