How much does October Films Ltd make?

October Films Ltd reported revenue of £7.1m and a loss of £334k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does October Films Ltd have?

October Films Ltd reported an average of 30 employees in the year to 31 Dec 2024.

Is October Films Ltd profitable?

No — October Films Ltd reported a loss of £334k in the year to 31 Dec 2024.

Company No. 02328023 · Incorporated 13 Dec 1988

October Films Ltd

Registered name: OCTOBER FILMS LTD

Part of October Films Holdings Limited group

October Films Ltd made £7.1m revenue and a £334k loss in the year to 31 Dec 2024.

October Films Ltd’s revenue fell 18% to £7.1m in the year to 31 Dec 2024, with a loss of £334k and 30 employees. The company is classified under “television programme production activities” and is based in London; we hold 3 years of its filed accounts.

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

Status: Active
Location: London, London
Age: 37 yrs · since 1988
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 2024

Key figures

Capital-light

Revenue

£7.1m

Growth ▼18.1%

Profit

−£334k

Growth ▼111.4%

Profit margin

−4.7%

Gross 54.1%

Employees

Change ▼38.8%

Profit / employee

−£11.1k

Revenue/employee £235k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£14.2m	£8.6m	£7.1m
Cost of sales	£10m	£3.4m	£3.2m
Gross profit	£4.2m	£5.2m	£3.8m
Operating profit	£683k	£493k	−£364k
Profit before tax	£389k	£2.9m	−£345k
Profit after tax	£386k	£2.9m	−£334k
Profit (best available)	£386k	£2.9m	−£334k
Staff costs	£2.3m	£2.3m	£1.8m
Employees (average)	51	49	30
Ratios
Profit margin	2.7%	34%	−4.7%
Gross margin	29.8%	60.2%	54.1%
Revenue per employee	£279k	£176k	£235k
Profit per employee	£7.6k	£59.6k	−£11.1k
Growth (year on year)
Revenue growth	—	▼39.5%	▼18.1%
Profit growth	—	▲657.9%	▼111.4%
Headcount growth	—	▼3.9%	▼38.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£370k	£1.7m	£1.5m
Net assets	£1.7m	£2.2m	£1.9m
Fixed assets	£691k	£240k	£152k
Current assets	£4.8m	£5m	£4.7m
Debtors	£563k	£232k	£59k
Deferred income	£1.4m	£737k	£1.5m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −4.7%; Profit ÷ revenue.
Gross margin: 54.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £235k; Revenue ÷ average employees.
Profit per employee: −£11.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 21.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.8%; 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: ▼15%; Now £1.9m
Cash at bank: ▼7%; Now £1.5m
Headcount: ▼39%; Now 30
Deferred income: ▲103%; Now £1.5m
Fixed assets: ▼37%; Now £152k

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

October Films Holdings Limitedultimate parent75–100%
October Holdings Limited75–100%
Boulder Television Limited75–100%
October Films Ltdthis company

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

Subsidiaries (2)

October Content LimitedFigures not disclosed
October Films Productions 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 2024 (profit −£334k), from the Companies House accounts bulk data published Sep 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.