Liquidity
Thirteen weeks of cash, what is committed against what is merely hoped for, and where the covenant bites.
Thirteen weeks of cash, what is committed against what is merely hoped for, and where the covenant bites.
Thirteen weeks from 17 Aug 2026, in INR. Only committed facilities are counted as liquidity.
Thirteen weeks from 17 Aug 2026, in INR. Only committed facilities are counted as liquidity.
Thirteen week cash
INRClosing cash is drawn twice: on its own, and including undrawn committed facilities. Only committed lines are added — an uncommitted facility is not liquidity.
Closing cash is drawn twice: on its own, and including undrawn committed facilities. Only committed lines are added — an uncommitted facility is not liquidity.
Cash stays positive across all 13 weeks, at its lowest 84,446,850
INR. The dashed line includes undrawn committed facilities; the solid line is cash alone.
The cash runway against the facilities. Committed facilities only. An uncommitted line is not liquidity.
The heaviest week of payments, beginning 17 Aug 2026, is not covered by what that week expects to receive
INR. Receipts and payments as forecast, week by week.
The cash runway of Sixteen Frames Live. Both lines are forecasts and carry the estimate mark wherever they are stated as figures.
| Week | Beginning | ReceiptsINR | PaymentsINR | NetINR | Closing, cash aloneINR | With committed facilitiesINR |
|---|---|---|---|---|---|---|
| 1 | 17 Aug 2026 | |||||
| 2 | 24 Aug 2026 | |||||
| 3 | 31 Aug 2026 | |||||
| 4 | 7 Sept 2026 | |||||
| 5 | 14 Sept 2026 | |||||
| 6 | 21 Sept 2026 | |||||
| 7 | 28 Sept 2026 | |||||
| 8 | 5 Oct 2026 | |||||
| 9 | 12 Oct 2026 | |||||
| 10 | 19 Oct 2026 | |||||
| 11 | 26 Oct 2026 | |||||
| 12 | 2 Nov 2026 | |||||
| 13 | 9 Nov 2026 |
Facilities
INR| Lender | Limit | Drawn | Undrawn | Currency | Is it liquidity? |
|---|---|---|---|---|---|
| Indian bank | INR | committed | |||
| Indian bank | INR | committed |
24,400,000 of committed headroom is counted in the forecast above. — of uncommitted headroom is not: an uncommitted line is not liquidity, and counting it is how a business believes it has a runway it does not have.
24,400,000 of committed headroom is counted in the forecast above. — of uncommitted headroom is not: an uncommitted line is not liquidity, and counting it is how a business believes it has a runway it does not have.
Receivable ageing
INRBanded by how long each posting has been outstanding, counterparty by counterparty. The provision comes from the band matrix rather than from judgement on the individual balance.
Banded by how long each posting has been outstanding, counterparty by counterparty. The provision comes from the band matrix rather than from judgement on the individual balance.
No receivable is outstanding for Sixteen Frames Live.
Ageing is what turns a receivable balance into a view of what will actually arrive.
Payable ageing
INRWhat the company owes is spread across 5 suppliers, none of them more than 32 per cent of it
INR, by how long each balance has been outstanding. The 5 largest suppliers.
The payable ageing of Sixteen Frames Live. No provision is made against a payable: a provision estimates money that will not arrive, and this is money the group owes.
| Counterparty | CurrentINR | 31 to 60 daysINR | 61 to 90 daysINR | Over 90 daysINR | TotalINR |
|---|---|---|---|---|---|
| Venues | |||||
| Artist management | |||||
| Catering partners | |||||
| Audio visual and lighting | |||||
| Stage, rigging and production |
73,850,000 INR owed across 5 suppliers. Payables band to ninety days and beyond; receivables run further, to a hundred and eighty, because a receivable that old is a different question from one at ninety. No provision is made against a payable — a provision estimates money that will not arrive, and this is money the group owes.
73,850,000 INR owed across 5 suppliers. Payables band to ninety days and beyond; receivables run further, to a hundred and eighty, because a receivable that old is a different question from one at ninety. No provision is made against a payable — a provision estimates money that will not arrive, and this is money the group owes.
Covenant headroom
As last tested1 of 2 covenants are not comfortably inside their limit
Measured against the limit in the facility agreement. The dashed rule is the limit.
The facility agreements of Sixteen Frames Live. As last tested against each facility.
Debt maturity
INRNo instalment is scheduled.
Without a schedule the forecast above cannot see what falls due beyond its horizon.