How much does Vmi. TV Limited make?

Vmi. TV Limited reported revenue of £2.4m and a loss of £376k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Vmi. TV Limited have?

Vmi. TV Limited reported an average of 22 employees in the year to 31 Dec 2025.

Is Vmi. TV Limited profitable?

No — Vmi. TV Limited reported a loss of £376k in the year to 31 Dec 2025.

Company No. 01531084 · Incorporated 28 Nov 1980

Vmi. TV Limited

Registered name: VMI. TV LIMITED

Part of Ironfleet Limited group

Vmi. TV Limited made £2.4m revenue and a £376k loss in the year to 31 Dec 2025. read from filing text

Vmi. TV Limited’s revenue fell 6% to £2.4m in the year to 31 Dec 2025, with a loss of £376k and 22 employees. The company is classified under “motion picture production activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 59111Motion picture production activities SIC 59112Video production activities SIC 60200Television programming and broadcasting activities SIC 77390Renting and leasing of other machinery, equipment and tangible goods n.e.c.

Status: Active
Location: London, London
Age: 45 yrs · since 1980
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2025

Key figures

Revenue

£2.4m

Growth ▼6%

Profit

−£376k

Growth —

Profit margin

−15.6%

Gross 70%

Employees

Change ▼8.3%

Profit / employee

−£17.1k

Revenue/employee £109k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£4m	£3.3m	£2.6m	£2.4m
Cost of sales	£1.2m	£1.1m	£769k	£722k
Gross profit	£2.8m	£2.2m	£1.8m	£1.7m
Operating profit	£592k	£508k	−£361k	−£248k
Profit before tax	£398k	£236k	−£577k	−£376k
Profit after tax	£398k	£236k	−£577k	−£376k
Profit (best available)	£398k	£236k	−£577k	−£376k
Employees (average)	33	31	24	22
Ratios
Profit margin	9.9%	7.2%	−22.6%	−15.6%
Gross margin	69.9%	66.8%	70%	70%
Revenue per employee	£122k	£106k	£107k	£109k
Profit per employee	£12.1k	£7.6k	−£24.1k	−£17.1k
Growth (year on year)
Revenue growth	—	▼18.8%	▼21.9%	▼6%
Profit growth	—	▼40.7%	▼344.7%	—
Headcount growth	—	▼6.1%	▼22.6%	▼8.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£172k	£291k	£105k	£149k
Net assets	£1.7m	£2m	£1.6m	£1.4m
Fixed assets	£4.8m	£4.7m	£4m	£3.3m
Current assets	£1.2m	£892k	£529k	£365k
Debtors	£418k	£179k	£144k	£155k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −15.6%; Profit ÷ revenue.
Gross margin: 70%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £109k; Revenue ÷ average employees.
Profit per employee: −£17.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 137.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 6.5%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▼12%; Now £1.4m
Cash at bank: ▲42%; Now £149k
Headcount: ▼8%; Now 22
Deferred income: —; Now —
Fixed assets: ▼18%; Now £3.3m

Corporate ownership

Group structure

Ownership chain

Ironfleet Limitedultimate parent75–100%
Vmi. TV Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Vmi.tv (Bristol) LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£376k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.