True North Productions Limited
Registered name: TRUE NORTH PRODUCTIONS LIMITED
Part of Comcast Corporation groupTrue North Productions Limited made £14.8m revenue and £935k profit in the year to 31 Dec 2025.
True North Productions Limited’s revenue fell 4% to £14.8m in the year to 31 Dec 2025, with £935k profit and 82 employees. The company is classified under “television programming and broadcasting activities” and is based in Isleworth; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Isleworth
- Age
- 24 yrs · since 2002
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £13.7m | £15.4m | £14.8m |
| Cost of sales | −£11.1m | −£12.2m | −£11.4m |
| Gross profit | £2.6m | £3.2m | £3.5m |
| Operating profit | £69.3k | £727k | £927k |
| Profit before tax | £85k | £759k | £935k |
| Profit after tax | £71.3k | £773k | £935k |
| Profit (best available) | £71.3k | £773k | £935k |
| Employees (average) | 97 | 91 | 82 |
| Ratios | |||
| Profit margin | 0.5% | 5% | 6.3% |
| Gross margin | 19% | 20.9% | 23.3% |
| Revenue per employee | £141k | £169k | £181k |
| Profit per employee | £735 | £8.5k | £11.4k |
| Growth (year on year) | |||
| Revenue growth | — | ▲12.8% | ▼3.9% |
| Profit growth | — | ▲984.6% | ▲20.9% |
| Headcount growth | — | ▼6.2% | ▼9.9% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Oct 2025 | Accounts · bulk data Oct 2025 | Accounts · bulk data Oct 2026 |
How the business works
- Profit margin
- 6.3%
- Profit ÷ revenue.
- Gross margin
- 23.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £181k
- Revenue ÷ average employees.
- Profit per employee
- £11.4k
- 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
- ▼10%
- Now 82
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Comcast Corporation (registered outside the UK register)ultimate parent75–100%
- Sky New Media Ventures Limited75–100%
- Sky Limited75–100%
- Sky UK Limited75–100%
- Sky Ventures Limited75–100%
- True North Productions Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (7)
- Love Productions LimitedRev. £76.8m · Profit £19.2m
- Attheraces Holdings LimitedFigures not disclosed
- Blast ! Films LimitedFigures not disclosed
- Sky Comedy LimitedFigures not disclosed
- Sky History LimitedFigures not disclosed
- Sky Iq LimitedFigures not disclosed
- Transistor Films LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £935k), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.
Updated from Companies House on 19 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.