Nope.
If you don't pay your license fee, then you can't watch ANY tv that is shown live OR recorded from a live stream. So you couldn't watch ITV, Sky 1, Atlantic, whatever, or even sky+ your shows to watch them later.
What you can do, is use all the catch-up services like iPlayer, ITV Player, Netflix etc... Just not the watch live, on now or whatever each app calls the service. So you cannot stream the live TV either.
I binned my tv license and Sky subscription at the start of the year. There are some things I do miss, mainly watching News 24 just before bed time, however the BBC News app on my bedroom tv does have a video headlines bit in it. I can't watch (you don't get it) the regular news stuff from BBC News 24 on iPlayer, but you do get the shows, like WBR, Click, News at 10 etc...
Apart from that, the only other thing I will miss is the F1. Not being able to watch that live will be a pain. But the iPlayer highlights will suffice I guess. I have looked into picking up a satellite feed from a European satellite for this, as it is free to air on many European channels, but I don't really know how this works with respect to the license.