How much does True Believer UK Limited make?

True Believer UK Limited reported revenue of £15.4m and £0 profit in the year to 31 Oct 2025, according to its accounts filed at Companies House.

How many employees does True Believer UK Limited have?

True Believer UK Limited reported an average of 0 employees in the year to 31 Oct 2025.

Is True Believer UK Limited profitable?

True Believer UK Limited reported break-even results (zero profit) in the year to 31 Oct 2025.

Company No. 16038117 · Incorporated 24 Oct 2024

True Believer UK Limited

Registered name: TRUE BELIEVER UK LIMITED

True Believer UK Limited made £15.4m revenue and £0 profit in the year to 31 Oct 2025. read from filing text

True Believer UK Limited’s revenue was £15.4m in the year to 31 Oct 2025, with £0 profit and 0 employees. The company is classified under “television programme production activities” and is based in London.

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

Status: Active
Location: London, London
Age: 2 yrs · since 2024
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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. From the filing: “The company's immediate parent undertaking is MRC II Holdings, L.P., a company registered in the United States of America.”

Latest accounts · year to 31 Oct 2025

Key figures

Small team

Revenue

£15.4m

Growth —

Profit

£0

Growth —

Profit margin

Gross 0.1%

Employees

Change —

Profit / employee

—

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.

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2025
Disclosure	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£15.4m
Cost of sales	£15.4m
Gross profit	£18k
Profit before tax	£0
Profit after tax	£0
Profit (best available)	£0
Employees (average)	0
Ratios
Profit margin	0%
Gross margin	0.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£94.7k
Net assets	—
Current assets	£317k
Debtors	£26k
Source	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 0%; Profit ÷ revenue.
Gross margin: 0.1%; 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: 0.2%; 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: —; Now —
Cash at bank: —; Now £94.7k
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £0), from the Companies House accounts bulk data published Sep 2026. 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.