How much does Board M.i.t. Limited make?

Board M.i.t. Limited reported revenue of £31.3m and £1.1m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Board M.i.t. Limited have?

Board M.i.t. Limited reported an average of 83 employees in the year to 31 Dec 2025.

Is Board M.i.t. Limited profitable?

Yes — Board M.i.t. Limited reported a profit of £1.1m in the year to 31 Dec 2025.

Company No. 03199408 · Incorporated 15 May 1996

Board M.i.t. Limited

Registered name: BOARD M.I.T. LIMITED

Board M.i.t. Limited made £31.3m revenue and £1.1m profit in the year to 31 Dec 2025.

Board M.i.t. Limited’s revenue fell 1% to £31.3m in the year to 31 Dec 2025, with £1.1m profit and 83 employees. The company is classified under “information technology consultancy activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62020Information technology consultancy activities

Status: Active
Location: London, London
Age: 30 yrs · since 1996
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. From the filing: “Board International S.A.”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightCash flow filed

Revenue

£31.3m

Growth ▼1.3%

Profit

£1.1m

Growth ▼28.5%

Profit margin

3.4%

Gross 56.3%

Employees

Change ▼15.3%

Profit / employee

£12.8k

Revenue/employee £377k

Profitable streak

2yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£31.7m	£31.3m
Cost of sales	£11m	£13.7m
Gross profit	£20.7m	£17.6m
Operating profit	£2.1m	£1.3m
Profit before tax	£1.5m	£928k
Profit after tax	£1.5m	£1.1m
Profit (best available)	£1.5m	£1.1m
Staff costs	£15.1m	£12.8m
Employees (average)	98	83
Ratios
Profit margin	4.7%	3.4%
Gross margin	65.2%	56.3%
Revenue per employee	£323k	£377k
Profit per employee	£15.2k	£12.8k
Cash conversion	17%	22%
Growth (year on year)
Revenue growth	—	▼1.3%
Profit growth	—	▼28.5%
Headcount growth	—	▼15.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.5m	£1.2m
Net assets	−£19m	−£17.9m
Fixed assets	£774k	£667k
Current assets	£13.9m	£10.9m
Debtors	£4.9m	£6.3m
Deferred income	£6.4m	£8.1m
Cash from operations	£350k	£289k
Source	FullAccounts · bulk data Sep 2026	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 3.4%; Profit ÷ revenue.
Gross margin: 56.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £377k; Revenue ÷ average employees.
Profit per employee: £12.8k; Profit ÷ average employees.
Cash conversion: 22%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 25.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 20.1%; 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: —; Now −£17.9m
Cash at bank: ▼23%; Now £1.2m
Headcount: ▼15%; Now 83
Deferred income: ▲26%; Now £8.1m
Fixed assets: ▼14%; Now £667k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.1m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.