How much does Passion Pictures Limited make?

Passion Pictures Limited reported revenue of £21m and £2.7m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Passion Pictures Limited have?

Passion Pictures Limited reported an average of 79 employees in the year to 31 Mar 2025.

Is Passion Pictures Limited profitable?

Yes — Passion Pictures Limited reported a profit of £2.7m in the year to 31 Mar 2025.

Company No. 02177709 · Incorporated 13 Oct 1987

Passion Pictures Limited

Registered name: PASSION PICTURES LIMITED

Part of Passion Studios Holdings Limited group

Passion Pictures Limited made £21m revenue and £2.7m profit in the year to 31 Mar 2025. read from filing text

Passion Pictures Limited’s revenue grew 34% to £21m in the year to 31 Mar 2025, with £2.7m profit and 79 employees. The company is classified under “television programme production activities” and is based in Reading; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 59113Television programme production activities

Status: Liquidation
Location: Reading, South East
Age: 39 yrs · since 1987
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 Mar 2025

Key figures

Operating leverageDoing more with less

Revenue

£21m

Growth ▲34.2%

Profit

£2.7m

Growth ▲62.1%

Profit margin

12.8%

Gross 29.1%

Employees

Change ▼20.2%

Profit / employee

£33.9k

Revenue/employee £265k

Profitable streak

2yrs

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 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)	£17m	£16.5m	£15.6m	£21m
Cost of sales	£11.9m	£12.8m	£11.5m	£14.9m
Gross profit	£5.1m	£3.6m	£4.1m	£6.1m
Operating profit	−£83.4k	−£2.4m	£701k	£2m
Profit before tax	£961k	−£1.4m	£1.7m	£2.7m
Profit after tax	£964k	−£1.4m	£1.7m	£2.7m
Profit (best available)	£964k	−£1.4m	£1.7m	£2.7m
Staff costs	£7.1m	£7.9m	£7m	£6.9m
Employees (average)	108	118	99	79
Ratios
Profit margin	5.7%	−8.6%	10.6%	12.8%
Gross margin	30%	22.1%	26.2%	29.1%
Revenue per employee	£158k	£140k	£158k	£265k
Profit per employee	£8.9k	−£12k	£16.7k	£33.9k
Growth (year on year)
Revenue growth	—	▼3.3%	▼5.2%	▲34.2%
Profit growth	—	▼247.1%	—	▲62.1%
Headcount growth	—	▲9.3%	▼16.1%	▼20.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£942k	£44.4k	£638k	£520k
Net assets	£1.8m	£342k	£2m	£2.4m
Fixed assets	£3.4m	£6.3m	£6.1m	£6.2m
Current assets	£6.7m	£8m	£4.9m	£5.9m
Debtors	£3.1m	£836k	£577k	£818k
Deferred income	£2.5m	£1.4m	£2.1m	£1.9m
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 12.8%; Profit ÷ revenue.
Gross margin: 29.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £265k; Revenue ÷ average employees.
Profit per employee: £33.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 29.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 8.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 3.9%; 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: ▲20%; Now £2.4m
Cash at bank: ▼19%; Now £520k
Headcount: ▼20%; Now 79
Deferred income: ▼11%; Now £1.9m
Fixed assets: ▲2%; Now £6.2m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Passion Studios Holdings Limitedultimate parent75–100%
Passion Pictures Limitedthis company

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

Subsidiaries (5)

Chillerdiller Productions LimitedFigures not disclosed
Datakrash LtdFigures not disclosed
Mutnik Productions LimitedFigures not disclosed
Nab Productions LimitedFigures not disclosed
Rockerboy LtdFigures 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 Mar 2025 (profit £2.7m), from the Companies House accounts bulk data published Dec 2025. 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.