How much does Pilot Skies Limited make?

Pilot Skies Limited reported revenue of £44.3m and £0 profit in the year to 28 Feb 2025, according to its accounts filed at Companies House.

How many employees does Pilot Skies Limited have?

Pilot Skies Limited reported an average of 112 employees in the year to 28 Feb 2025.

Is Pilot Skies Limited profitable?

Pilot Skies Limited reported break-even results (zero profit) in the year to 28 Feb 2025.

Company No. 13433580 · Incorporated 2 Jun 2021

Pilot Skies Limited

Registered name: PILOT SKIES LIMITED

Part of 60Forty Films Limited group

Pilot Skies Limited made £44.3m revenue and £0 profit in the year to 28 Feb 2025. read from filing text

Pilot Skies Limited’s revenue grew 1706% to £44.3m in the year to 28 Feb 2025, with £0 profit and 112 employees. The company is classified under “television programme production activities” and is based in London; we hold 4 years of its filed accounts.

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

Status: Active
Location: London, London
Age: 5 yrs · since 2021
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: “The company's parent undertaking is 60Forty Films Limited, a company registered in England Wales and its registered office is 21 Poland Street, Third Floor, London, England, W1F 8QG.”

Latest accounts · year to 28 Feb 2025

Key figures

Revenue

£44.3m

Growth ▲1706%

Profit

£0

Growth —

Profit margin

Gross −27.8%

Employees

112

Change —

Profit / employee

£0

Revenue/employee £396k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Nov 2022	30 Jun 2023	29 Feb 2024	28 Feb 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£39.2m	£9.8m	£2.5m	£44.3m
Cost of sales	£48.7m	£12.9m	£2.9m	£56.6m
Gross profit	—	—	£458k	−£12.3m
Profit before tax	−£9.6m	−£2.7m	£480k	£172k
Profit after tax	£0	£0	£0	£0
Profit (best available)	£0	£0	£0	£0
Staff costs	£3.6m	£549k	£0	£4.4m
Employees (average)	73	23	0	112
Ratios
Profit margin	0%	0%	0%	0%
Gross margin	—	—	18.7%	−27.8%
Revenue per employee	£537k	£425k	—	£396k
Profit per employee	£0	£0	—	£0
Growth (year on year)
Revenue growth	—	—	—	▲1706%
Balance sheet — indirect signals, not revenue
Cash at bank	£9.4m	£2.4m	£334k	£6.2m
Net assets	—	—	—	—
Current assets	—	£15.4m	£975k	£22.3m
Debtors	£10.9m	£13m	£642k	£16.1m
Deferred income	£3.3m	£3m	£31.9k	£1.5m
Cash from operations	−£9.4m	£7m	£14.4m	—
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 0%; Profit ÷ revenue.
Gross margin: −27.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £396k; Revenue ÷ average employees.
Profit per employee: £0; 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: 3.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 36.3%; 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: ▲1755%; Now £6.2m
Headcount: —; Now 112
Deferred income: ▲4658%; Now £1.5m
Fixed assets: —; Now —

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

60Forty Films Limitedultimate parent75–100%
Pilot Skies Limitedthis company

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

Sister companies (4)

Moyne River Av LimitedRev. £20.6m · Profit £0
60Forty Developments LimitedFigures not disclosed
Bailey Productions LimitedFigures not disclosed
Larkin Av LimitedRev. — · Profit £0

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £0), from the Companies House accounts bulk data published Dec 2025. 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.