Tiny cash buffers leave small UK TV firms at risk of going bust, analysis finds

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Guardian Business

Tiny cash buffers leave small UK TV firms at risk of going bust, analysis finds

Median £42,000 in reserve not enough to cover filming overrun or delay to series, industry body warns Hundreds of small UK TV companies have so little cash in reserve that a filming overrun or a delay to a series could send them bust, an industry body has warned, as programme budget cuts by broadcasters threaten their future. Analysis of the Companies House accounts filings of more than 200 of the estimated 800 indep…