Medical Information Technology UK Ltd
Registered name: MEDICAL INFORMATION TECHNOLOGY UK LTD
Medical Information Technology UK Ltd made £33.1m revenue and £6.3m profit in the year to 31 Dec 2025.
Medical Information Technology UK Ltd’s revenue grew 121% to £33.1m in the year to 31 Dec 2025, with £6.3m profit and 57 employees. The company is classified under “information technology consultancy activities” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 38 yrs · since 1988
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £15m | £33.1m |
| Cost of sales | £10.8m | £22.1m |
| Gross profit | £4.2m | £11m |
| Operating profit | £2.2m | £8.3m |
| Profit before tax | £2.2m | £8.4m |
| Profit after tax | £1.7m | £6.3m |
| Profit (best available) | £1.7m | £6.3m |
| Staff costs | £2.9m | £4m |
| Employees (average) | 50 | 57 |
| Ratios | ||
| Profit margin | 11.1% | 19% |
| Gross margin | 27.9% | 33.3% |
| Revenue per employee | £299k | £580k |
| Profit per employee | £33.3k | £110k |
| Growth (year on year) | ||
| Revenue growth | — | ▲121.1% |
| Profit growth | — | ▲278.3% |
| Headcount growth | — | ▲14% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £2.3m | £4.7m |
| Net assets | £7.4m | £13.7m |
| Fixed assets | £20.7k | £14.5k |
| Current assets | £18.3m | £22.4m |
| Debtors | £4.3m | £5.7m |
| Source | FullAccounts · bulk data Jul 2026 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 19%
- Profit ÷ revenue.
- Gross margin
- 33.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £580k
- Revenue ÷ average employees.
- Profit per employee
- £110k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.1%
- Money owed by customers. Low = customers pay quickly.
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
- ▲85%
- Now £13.7m
- Cash at bank
- ▲100%
- Now £4.7m
- Headcount
- ▲14%
- Now 57
- Deferred income
- —
- Now —
- Fixed assets
- ▼30%
- Now £14.5k
Similar profitable businesses
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- Esynergy Solutions LimitedLondon · Information technology consultancy activities
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- Scrumconnect LimitedMiddlesex · Information technology consultancy activities
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- Varonis (UK) LimitedLondon · Information technology consultancy activities
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- Board M.i.t. LimitedLondon · Information technology consultancy activities
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- Kyriba UK LtdStaines · Information technology consultancy activities
- Revenue
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £6.3m), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Updated from Companies House on 25 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.