Discovery Communications Europe Limited
Registered name: DISCOVERY COMMUNICATIONS EUROPE LIMITED
Part of Warner Bros. Discovery, Inc. groupDiscovery Communications Europe Limited made £681m revenue and £33m profit in the year to 31 Dec 2025.
Discovery Communications Europe Limited’s revenue fell 32% to £681m in the year to 31 Dec 2025, with £33m profit and 242 employees. The company is classified under “television programme production activities” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 22 yrs · since 2004
- 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) | £1bn | £1bn | £681m |
| Cost of sales | −£888m | −£852m | −£558m |
| Gross profit | £151m | £157m | £123m |
| Operating profit | £29.2m | −£92.8m | £34.9m |
| Profit before tax | £3.2m | −£118m | £53.5m |
| Profit after tax | −£25.6m | −£129m | £33m |
| Profit (best available) | −£25.6m | −£129m | £33m |
| Employees (average) | 223 | 234 | 242 |
| Ratios | |||
| Profit margin | −2.5% | −12.8% | 4.8% |
| Gross margin | 14.5% | 15.5% | 18.1% |
| Revenue per employee | £4.7m | £4.3m | £2.8m |
| Profit per employee | −£115k | −£550k | £136k |
| Growth (year on year) | |||
| Revenue growth | — | ▼2.9% | ▼32.5% |
| Headcount growth | — | ▲4.9% | ▲3.4% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Dec 2025 | Accounts · bulk data Dec 2025 | Accounts · bulk data Oct 2026 |
How the business works
- Profit margin
- 4.8%
- Profit ÷ revenue.
- Gross margin
- 18.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £2.8m
- Revenue ÷ average employees.
- Profit per employee
- £136k
- 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
- ▲3%
- Now 242
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Warner Bros. Discovery, Inc. (registered outside the UK register)ultimate parent75–100%
- Dni Foreign Holdings Limited75–100%
- Dni Europe Holdings Limited75–100%
- Discovery Communications Europe Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Dne Music Publishing LimitedFigures not disclosed
- Dni German Holdings I LimitedFigures not disclosed
Sister companies (4)
- Discovery Media Ventures LimitedFigures not disclosed
- Dplay Entertainment LimitedFigures not disclosed
- Warner Bros. UK Communications LimitedFigures not disclosed
- WBD Sports Holding 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 £33m), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.
Updated from Companies House on 24 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.