BSG Financial Statements in the UK – Are They Going Broke?

BSG's financial statements in the UK are available for review.

They posted gross losses and a net loss of over £700,000 with only £1 million in cash on hand and Cash from Operations is down £3.4 million. They also owe Nikita and some guy name Dmitry Loskutov £7 million. It seems they are losing money, have not made large capital investments, have limited cash on hand, and have very few assets they could use to secure funding if needed.

Any Chartered Accountants want to have a look?

Edit: Another link https://find-and-update.company-information.service.gov.uk/company/10036119/filing-history

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