Factual indie, Plimsoll Productions has reported a 65 per cent growth in sales in its latest financial year.
Since it was established in 2013, it has produced more than 70 series for broadcasters including Netflix, Disney, Apple and Natural Geographic, and opened offices in Bristol, LA and Cardiff.
In August 2019, Plimsoll, led by CEO Grant Mansfield, was backed by mid-market private equity firm LDC.
For the financial year ending August 2021, the company generated sales of £50 million, an increase of 65 per cent from the previous year.
During this period, the Bristol-headquartered business’s standout productions included Tiny World for Apple TV+ and Women of 9/11, a production shown on ABC that shines a light on the remarkable stories of women who put their lives on the line during the tragedy.
Other achievements during the year included the acquisition of specialist distribution and rights management company, Magnify Media, which now distributes to 75 countries worldwide through its network. Plimsoll has also embarked on a co-production series with ITV which involving forming international partnerships including with organisations such as Tencent of China.
Plimsoll also recruited former US talent agent and unscripted TV dealmaker Mark Itkin to its board, along with Bristol Mayor Marvin Rees. Itkin is advising on strategy across the group while Rees is focused on talent, diversity and sustainability.
Plimsoll’s upcoming productions include ‘On the Edge’ – a National Geographic docuseries featuring Free Solo’s Alex Honnold – and chef Marcus Wareing’s ‘Tales from a Kitchen Garden’.
Grant Mansfield, CEO and founder of Plimsoll Productions, said: “We’re immensely proud of our multi-award-winning creative teams and their achievements over the last few years. It’s testament to their skills and long-term commitment that our projects continue to have a real impact, helping to raise awareness of important global issues and drive forward positive societal change.
“It’s never been more important to champion the natural world, and it’s our mission to produce powerful storytelling and to reach as wide an audience as possible. The team at LDC has been instrumental in supporting our record growth and helping us to achieve our ambitions to date.”
Dewi Hughes, Head of LDC in the South West and Wales, added: “The impact of the pandemic created many unique challenges for the TV and entertainment sector, but Plimsoll continued to thrive under Grant and the team’s leadership, going on to deliver a record year for growth. With its strong pipeline of upcoming projects, growing international audiences and blue-chip partnerships, Plimsoll is on track to continue to scale in the years ahead.”
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