MRI Software Limited
Registered name: MRI SOFTWARE LIMITED
Part of Mri Software Llc groupMRI Software Limited made £34k profit in the year to 31 Dec 2025 (revenue not disclosed).
MRI Software Limited reported £34k profit in the year to 31 Dec 2025, down 96% on the year before; its revenue was not disclosed. It had 76 employees. The company is classified under “business and domestic software development” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 29 yrs · since 1997
- 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.
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Profit only | Profit only | Profit only |
| Profit & loss | ||||
| Revenue (turnover) | — | — | — | — |
| Profit after tax | £1.6m | £450k | £819k | £34k |
| Profit (best available) | £1.6m | £450k | £819k | £34k |
| Employees (average) | 57 | 73 | 74 | 76 |
| Ratios | ||||
| Profit margin | — | — | — | — |
| Profit per employee | £27.4k | £6.2k | £11.1k | £447 |
| Growth (year on year) | ||||
| Profit growth | — | ▼71.2% | ▲82% | ▼95.9% |
| Headcount growth | — | ▲28.1% | ▲1.4% | ▲2.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £8.4m | £11.9m | £7.8m | £7.9m |
| Net assets | £108m | £91.2m | £156m | £125m |
| Fixed assets | £408m | £406m | £475m | £476m |
| Current assets | £42.6m | £22.7m | £27m | £32.6m |
| Debtors | £3.8m | £3.8m | £3.7m | £5.5m |
| Deferred income | £4.7m | £5.5m | £5.6m | £5.9m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2026 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- £447
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▼20%
- Now £125m
- Cash at bank
- ▲1%
- Now £7.9m
- Headcount
- ▲3%
- Now 76
- Deferred income
- ▲6%
- Now £5.9m
- Fixed assets
- ▲0%
- Now £476m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Mri Software Llc (registered outside the UK register)ultimate parent75–100%
- MRI Software Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (12)
- MRI Software Emea LimitedRev. £49.2m · Profit £19.1m
- MRI Software Community & Housing LimitedRev. £29.8m · Profit −£10.6m
- Castleton Technology LimitedFigures not disclosed
- CML Software LimitedFigures not disclosed
- Cyclops Software LimitedFigures not disclosed
- Esight Energy Group LimitedFigures not disclosed
- Fsi Global LimitedFigures not disclosed
- John Stephen Consultancy LimitedFigures not disclosed
- Leverton UK Holding LimitedFigures not disclosed
- Real Asset Management LimitedFigures not disclosed
- Springboard Research Holdings LimitedFigures not disclosed
- Va Holdco LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £34k), 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.