How much does MDS Global Ltd make?

MDS Global Ltd reported revenue of £22.3m and £8m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does MDS Global Ltd have?

MDS Global Ltd reported an average of 67 employees in the year to 31 Dec 2025.

Is MDS Global Ltd profitable?

Yes — MDS Global Ltd reported a profit of £8m in the year to 31 Dec 2025.

Company No. 02263085 · Incorporated 27 May 1988

MDS Global Ltd

Registered name: MDS GLOBAL LTD

Part of Lumine Group UK Holdco Ltd group

MDS Global Ltd made £22.3m revenue and £8m profit in the year to 31 Dec 2025.

MDS Global Ltd’s revenue grew 14% to £22.3m in the year to 31 Dec 2025, with £8m profit and 67 employees. The company is classified under “business and domestic software development” and is based in Warrington; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development SIC 62030Computer facilities management activities SIC 62090Other information technology service activities

Status: Active
Location: Warrington, North West
Age: 38 yrs · since 1988
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightOperating leverageDoing more with less

Revenue

£22.3m

Growth ▲14.1%

Profit

£8m

Growth ▲44%

Profit margin

35.7%

Gross 100%

Employees

Change ▼8.2%

Profit / employee

£119k

Revenue/employee £334k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£21.1m	£18m	£19.6m	£22.3m
Gross profit	£21.1m	£18m	£19.6m	£22.3m
Operating profit	£5.8m	£6.6m	£7.4m	£10.6m
Profit before tax	−£4.9m	£6.6m	£7.4m	£10.6m
Profit after tax	−£6.1m	£5.9m	£5.5m	£8m
Profit (best available)	−£6.1m	£5.9m	£5.5m	£8m
Staff costs	£7.3m	£6.1m	£6.1m	£6.1m
Employees (average)	109	84	73	67
Ratios
Profit margin	−28.8%	32.6%	28.3%	35.7%
Gross margin	100%	100%	100%	100%
Revenue per employee	£193k	£214k	£268k	£334k
Profit per employee	−£55.6k	£69.8k	£75.8k	£119k
Growth (year on year)
Revenue growth	—	▼14.6%	▲8.8%	▲14.1%
Profit growth	—	—	▼5.6%	▲44%
Headcount growth	—	▼22.9%	▼13.1%	▼8.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.6m	£1.6m	£1.4m	£881k
Net assets	£2.1m	£8m	£9.5m	£17.5m
Fixed assets	—	£118k	£145k	£188k
Current assets	£8m	£11.8m	£14m	£22.5m
Debtors	£3.8m	£4.5m	£3.4m	£1.7m
Deferred income	£2.5m	£1.7m	£2.1m	£2.4m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 35.7%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £334k; Revenue ÷ average employees.
Profit per employee: £119k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 10.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7.4%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▲84%; Now £17.5m
Cash at bank: ▼37%; Now £881k
Headcount: ▼8%; Now 67
Deferred income: ▲14%; Now £2.4m
Fixed assets: ▲30%; Now £188k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Lumine Group UK Holdco Ltdultimate parent75–100%
Velocix Solutions Limited75–100%
MDS Cem Holdings Limited75–100%
MDS Global Ltdthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £8m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 12 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.