ITV2 LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-31 (in 3mo)
Last made up 2025-08-17
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£70M
-57.5% vs 2023
Employees
—
Average over period
Profit before tax
£73M
-9% vs 2023
Name history
Renamed 3 times since incorporation
- ITV2 LIMITED 1998-08-11 → present
- THE INDEPENDENT TELEVISION SUPERCHANNEL LIMITED 1988-03-01 → 1998-08-11
- SUPERCHANNEL LIMITED 1986-10-07 → 1988-03-01
- INDEPENDENT TELEVISION SUPERCHANNEL LIMITED(THE) 1984-11-30 → 1986-10-07
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £271,494,000 | £244,034,000 | |
| Operating profit | £75,095,000 | £65,867,000 | |
| Profit before tax | £80,646,000 | £73,374,000 | |
| Net profit | £61,678,000 | £55,635,000 | |
| Cash | — | — | |
| Total assets less current liabilities | — | — | |
| Net assets | £164,098,000 | £69,733,000 | |
| Equity | £164,098,000 | £69,733,000 | |
| Average employees | — | — | |
| Wages | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 27.7% | 27.0% | |
| Net margin | 22.7% | 22.8% | |
| Current ratio | 2.58x | 1.81x | |
| Interest cover | — | 433.34x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have a reasonable expectation that the Company has adequate resources to continue in operation for at least twelve months from the date of this report. Accordingly, the Company continues to adopt the going concern basis in preparing its financial statements (see note 1).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 23 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CLARKE, Sarah Louise | Director | 2021-06-30 | Mar 1975 | British |
| LYGO, Kevin Anthony | Director | 2016-03-01 | Sep 1957 | British |
Show 23 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARTON, Trevor James | Secretary | — | 1993-05-27 |
| FULTON, Kathryn Mary | Secretary | 1993-05-27 | 1994-01-26 |
| JOHNSON, Simon Harris | Secretary | 2003-01-16 | 2003-07-11 |
| MELVILLE, Veronica Ann | Secretary | 2003-07-11 | 2004-05-28 |
| MELVILLE, Veronica Ann | Secretary | 1994-01-26 | 2003-01-16 |
| TAUTZ, Helen Jane | Secretary | 2004-05-28 | 2008-10-31 |
| BETTS, Thomas Matthew | Director | 1998-10-20 | 2001-07-12 |
| BROWN, Andrew David | Director | 1998-10-20 | 1999-05-18 |
| BUTTERFIELD, Stewart David | Director | 1998-10-20 | 2000-04-11 |
| CANETTY CLARKE, Neil Ashley | Director | 2003-04-04 | 2006-03-29 |
| CRESSWELL, John | Director | 1998-10-20 | 2001-02-01 |
| FINCHAM, Peter Arthur | Director | 2008-10-31 | 2016-03-01 |
| GARARD, Andrew Sheldon | Director | 2013-06-12 | 2018-07-31 |
| GREEN, Michael Anthony | Director | 2001-07-12 | 2007-05-10 |
| GRIFFIN, Christopher John | Director | 2000-02-22 | 2005-04-29 |
| JONES, Clive William | Director | 2003-04-04 | 2007-04-05 |
| MCCULLOCH, Ian Douglas | Director | 2002-12-05 | 2007-06-05 |
| MEDLICOTT, William Jonathan | Director | 2007-05-10 | 2015-04-30 |
| PREBBLE, Stuart Colin | Director | 1999-05-18 | 1999-07-13 |
| RAZEY, Keith | Director | 2000-07-10 | 2000-10-16 |
| ROGERS, Jonathan | Director | 2002-12-05 | 2012-06-08 |
| SWORDS, Christopher Joseph | Director | 2015-04-30 | 2021-06-30 |
| INDEPENDENT TELEVISION ASSOCIATION | Corporate Director | — | 1998-10-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Itv Broadcasting Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 212 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-08-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-12 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-07-02 | AA | accounts | Accounts with accounts type full | |
| 2024-08-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-01 | AA | accounts | Accounts with accounts type full | |
| 2023-09-12 | AA | accounts | Accounts with accounts type full | |
| 2023-08-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-04 | AA | accounts | Accounts with accounts type audit exemption subsiduary | |
| 2023-05-04 | PARENT_ACC | accounts | Legacy | |
| 2023-05-04 | GUARANTEE2 | other | Legacy | |
| 2023-05-04 | AGREEMENT2 | other | Legacy | |
| 2023-03-01 | DISS40 | gazette | Gazette filings brought up to date | |
| 2023-02-28 | GAZ1 | gazette | Gazette notice compulsory | |
| 2022-09-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-23 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-01-10 | AA | accounts | Accounts with accounts type full | |
| 2021-09-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-09 | TM01 | officers | Termination director company with name termination date | |
| 2021-07-09 | AP01 | officers | Appoint person director company with name date | |
| 2020-12-29 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-10.1%
£271,494,000 £244,034,000
-
Cash
—
Not reported
-
Net assets
-57.5%
£164,098,000 £69,733,000
-
Employees
—
Not reported
-
Operating profit
-12.3%
£75,095,000 £65,867,000
-
Profit before tax
-9%
£80,646,000 £73,374,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers