GUNGHO MARKETING LIMITED

Company Registration Number:
06355906 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 September 2023

End date: 31 December 2024

GUNGHO MARKETING LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

GUNGHO MARKETING LIMITED

Balance sheet

As at 31 December 2024


Notes
16 months to 31 December 2024
2023


£
£
Fixed assets
Intangible assets: 3 89,893 0
Tangible assets: 4 146,461 142,321
Investments: 5 706 706
Total fixed assets: 237,060 143,027
Current assets
Debtors: 6 1,835,954 2,306,244
Cash at bank and in hand: 672,673 934,028
Total current assets: 2,508,627 3,240,272
Creditors: amounts falling due within one year:   (861,314) (564,652)
Net current assets (liabilities): 1,647,313 2,675,620
Total assets less current liabilities: 1,884,373 2,818,647
Provision for liabilities: (27,555) (27,555)
Total net assets (liabilities): 1,856,818 2,791,092
Capital and reserves
Called up share capital: 1,021 1,021
Share premium account: 18,490 18,490
Profit and loss account: 1,837,307 2,771,581
Shareholders funds: 1,856,818 2,791,092

The notes form part of these financial statements

GUNGHO MARKETING LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 October 2025
and signed on behalf of the board by:

Name: Giles Newman
Status: Director

The notes form part of these financial statements

GUNGHO MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GUNGHO MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

16 months to 31 December 2024 2023
Average number of employees during the period 117 126

GUNGHO MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 September 2023 0
Additions 107,110
At 31 December 2024 107,110
Amortisation
At 01 September 2023 0
Charge for year 17,217
At 31 December 2024 17,217
Net book value
At 31 December 2024 89,893
At 31 August 2023 0

GUNGHO MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 September 2023 421,271
Additions 126,369
At 31 December 2024 547,640
Depreciation
At 01 September 2023 278,950
Charge for year 122,229
At 31 December 2024 401,179
Net book value
At 31 December 2024 146,461
At 31 August 2023 142,321

GUNGHO MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Fixed investments

Shares in Subsidiaries £706

GUNGHO MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Debtors

16 months to 31 December 2024 2023
££
Debtors due after more than one year: 0 0

GUNGHO MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Post balance sheet events

On 12 September 2025 ownership of the company change from its immediate parent, Gungho Bidco Ltd to Walter Bidco Limited. The ultimate controlling party of the company remained unchanged, being Mobeus 2 LP. As a result of this transaction, the intercompany receivable of £535,705 (at 31/12/24 the balance was £668,727) was fully written down as the balance is no longer recoverable following the reorganisation of the group.