How much does Bandicoot Scotland Limited make?

Bandicoot Scotland Limited reported revenue of £14.1m and £998k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Bandicoot Scotland Limited have?

Bandicoot Scotland Limited reported an average of 24 employees in the year to 31 Dec 2025.

Is Bandicoot Scotland Limited profitable?

Yes — Bandicoot Scotland Limited reported a profit of £998k in the year to 31 Dec 2025.

Company No. SC611127 · Incorporated 17 Oct 2018

Bandicoot Scotland Limited

Registered name: BANDICOOT SCOTLAND LIMITED

Part of Argonon Ltd group

Bandicoot Scotland Limited made £14.1m revenue and £998k profit in the year to 31 Dec 2025.

Bandicoot Scotland Limited’s revenue fell 5% to £14.1m in the year to 31 Dec 2025, with £998k profit and 24 employees. The company is classified under “television programme production activities” and is based in Glasgow; we hold 4 years of its filed accounts.

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

Status: Active
Location: Glasgow, Scotland
Age: 8 yrs · since 2018
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. From the filing: “Bandicoot Productions Limited”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light

Revenue

£14.1m

Growth ▼4.8%

Profit

£998k

Growth ▼34.8%

Profit margin

7.1%

Gross 22.9%

Employees

Change ▼7.7%

Profit / employee

£41.6k

Revenue/employee £588k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
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)	£23.9m	£15.4m	£14.8m	£14.1m
Cost of sales	£18.2m	£10.8m	£10.7m	£10.9m
Gross profit	£5.7m	£4.7m	£4.2m	£3.2m
Operating profit	£3.2m	£2.5m	£2.1m	£1.3m
Profit before tax	£3.2m	£2.5m	£2m	£1.3m
Profit after tax	£2.6m	£1.9m	£1.5m	£998k
Profit (best available)	£2.6m	£1.9m	£1.5m	£998k
Staff costs	£1.4m	£1.2m	£1.2m	£912k
Employees (average)	48	32	26	24
Ratios
Profit margin	10.7%	12.4%	10.3%	7.1%
Gross margin	23.8%	30.1%	28.1%	22.9%
Revenue per employee	£499k	£482k	£570k	£588k
Profit per employee	£53.4k	£59.9k	£58.9k	£41.6k
Growth (year on year)
Revenue growth	—	▼35.5%	▼4%	▼4.8%
Profit growth	—	▼25.2%	▼20%	▼34.8%
Headcount growth	—	▼33.3%	▼18.8%	▼7.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.1m	£2.8m	£3.6m	£4.5m
Net assets	£2.5m	£2.4m	£2.9m	£3.9m
Fixed assets	£289k	£364k	£373k	£355k
Current assets	£15.8m	£17.8m	£19m	£20m
Debtors	£171k	£2.1m	£2.2m	£1.9m
Deferred income	£2.4m	£2m	£2.1m	£2.3m
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 7.1%; Profit ÷ revenue.
Gross margin: 22.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £588k; Revenue ÷ average employees.
Profit per employee: £41.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 16.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.4%; 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: ▲34%; Now £3.9m
Cash at bank: ▲23%; Now £4.5m
Headcount: ▼8%; Now 24
Deferred income: ▲13%; Now £2.3m
Fixed assets: ▼5%; Now £355k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Argonon Ltdultimate parent50–75%
Bandicoot Productions Limited75–100%
Bandicoot Scotland Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

Bandicoot Studios Group LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £998k), 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.