Ten Alps, the indie production firm behind shows like Hugh Grant: Taking On The Tabloids, made revenues of £17.1m for the 6 months to 30 Sept. 2012. The figure was down 18% from £20.8m for the same period in 2011. Explaining the decline, Ten Alps said it has “focused its propositions, simplified its structures and reduced its cost base but still faces a stressed macro environment.”

The company made an operating loss of £1.52m (2011 loss: £0.74m) but says it has improved its debt position year on year. Commenting on the results, Ten Alps chairman Peter Bertram said: “As I communicated 12 months ago the key aim was all about creating a solid base from which to develop Ten Alps for the future. We are making progress albeit slowly. We have disposed of non-core assets, simplified the structure of the Group into three distinct divisions, implemented further cost reductions and delivered high calibre products. We believe that by the end of the current financial year, the Group will have completed all its planned restructuring and will be ready for any new challenges”.