Watershed Television Limited
Registered name: WATERSHED TELEVISION LIMITED
Part of Warner Bros. Discovery, Inc. groupWatershed Television Limited made £17k revenue and £10k profit in the year to 31 Dec 2025.
Watershed Television Limited’s revenue grew 13% to £17k in the year to 31 Dec 2025, with £10k profit. 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, London
- Age
- 16 yrs · since 2010
- 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 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £18k | £15k | £17k |
| Cost of sales | −£2k | −£2k | −£3k |
| Operating profit | £16k | £13k | £14k |
| Profit before tax | £16k | £13k | £14k |
| Profit after tax | £16k | £13k | £10k |
| Profit (best available) | £16k | £13k | £10k |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | 88.9% | 86.7% | 58.8% |
| Growth (year on year) | |||
| Revenue growth | — | ▼16.7% | ▲13.3% |
| Profit growth | — | ▼18.8% | ▼23.1% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Sep 2025 | Accounts · bulk data Sep 2025 | Accounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 58.8%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Warner Bros. Discovery, Inc. (registered outside the UK register)ultimate parent75–100%
- Time Warner London Limited75–100%
- Warner Media International Limited75–100%
- Warner Bros. International Television Production Limited75–100%
- Warner Bros. Television Production UK Limited75–100%
- Shed Media Limited75–100%
- Watershed Television Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (8)
- Wbtvpuk Pictures (WR) LimitedRev. £674k · Profit £310k
- Wbtvpuk Pictures LimitedRev. £160k · Profit £138k
- Ricochet LimitedFigures not disclosed
- Shed Media Scotland LimitedFigures not disclosed
- Twenty Twenty Production Services LimitedFigures not disclosed
- Twenty Twenty Productions LimitedFigures not disclosed
- Wall to Wall (Holdings) LimitedFigures not disclosed
- Wbtvpuk Wga Writers 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 £10k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 14 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.