Pias Recordings UK Limited
Registered name: PIAS RECORDINGS UK LIMITED
Part of Pias Group Srl groupPias Recordings UK Limited made £50.3m revenue and £2.1m profit in the year to 31 Dec 2025.
Pias Recordings UK Limited’s revenue grew 10% to £50.3m in the year to 31 Dec 2025, with £2.1m profit and 37 employees. The company is classified under “artistic creation” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 28 yrs · since 1998
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £24m | £45.4m | £45.5m | £50.3m |
| Cost of sales | £15.3m | £28.4m | −£29.2m | −£31.7m |
| Gross profit | £8.8m | £17.1m | £16.3m | £18.6m |
| Operating profit | −£375k | £696k | −£2.8m | £1.7m |
| Profit before tax | −£884k | £112k | −£3.4m | £1.1m |
| Profit after tax | −£884k | £1.1m | −£2.7m | £2.1m |
| Profit (best available) | −£884k | £1.1m | −£2.7m | £2.1m |
| Staff costs | £1.7m | £1.6m | — | — |
| Employees (average) | 34 | 33 | 34 | 37 |
| Ratios | ||||
| Profit margin | −3.7% | 2.5% | −6% | 4.2% |
| Gross margin | 36.5% | 37.6% | 35.8% | 37% |
| Revenue per employee | £707k | £1.4m | £1.3m | £1.4m |
| Profit per employee | −£26k | £34.5k | −£80.7k | £56.4k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲89% | ▲0.2% | ▲10.4% |
| Profit growth | — | — | ▼341.4% | — |
| Headcount growth | — | ▼2.9% | ▲3% | ▲8.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £3k | £2.8k | — | — |
| Net assets | −£4.6m | £55.8m | — | — |
| Fixed assets | £1.4k | £75.4m | — | — |
| Current assets | £63.5m | £87.5m | — | — |
| Debtors | £64k | £40.8k | — | — |
| Deferred income | £4.8m | £9.5m | — | — |
| Source | Accounts · bulk data Feb 2025 | Accounts · bulk data Feb 2025 | Accounts · bulk data Oct 2025 | Accounts · bulk data Oct 2026 |
How the business works
- Profit margin
- 4.2%
- Profit ÷ revenue.
- Gross margin
- 37%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.4m
- Revenue ÷ average employees.
- Profit per employee
- £56.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲9%
- Now 37
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Pias Group Srl (registered outside the UK register)ultimate parent75–100%
- Pias Holding (UK) Limited75–100%
- Pias Recordings UK Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Mawlaw 388 LimitedFigures not disclosed
- Pias Cooperative LimitedFigures not disclosed
Sister companies (4)
- Fat Cat Records LimitedFigures not disclosed
- Indie Mobile LimitedFigures not disclosed
- Pias UK LimitedFigures not disclosed
- Pias/Wall of Sound LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Nimax Theatres LimitedLondon · Artistic creation
- Revenue
- £36.8m
- Profit
- £6.7m
- Staff
- 485
- Ninja Tune LimitedLondon · Artistic creation
- Revenue
- £24.4m
- Profit
- £1.4m
- Staff
- 60
- Radical22 LimitedLondon · Artistic creation
- Revenue
- £23.3m
- Profit
- £14.2m
- Staff
- 6
- HP West End LimitedLondon · Artistic creation
- Revenue
- £22.1m
- Profit
- £234k
- Staff
- 107
- Hat Trick Productions LimitedLondon · Artistic creation
- Revenue
- £21.9m
- Profit
- £13.2m
- Staff
- 60
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £2.1m), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.
Updated from Companies House on 23 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.