How much does Medius Software Limited make?

Medius Software Limited reported revenue of £13m and £2.2m profit in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does Medius Software Limited have?

Medius Software Limited reported an average of 106 employees in the year to 31 Dec 2022.

Is Medius Software Limited profitable?

Yes — Medius Software Limited reported a profit of £2.2m in the year to 31 Dec 2022.

Company No. 04220636 · Incorporated 21 May 2001

Medius Software Limited

Registered name: MEDIUS SOFTWARE LIMITED

Part of Mefla Ab 3 group

Medius Software Limited made £13m revenue and £2.2m profit in the year to 31 Dec 2022.

Medius Software Limited’s revenue grew 21% to £13m in the year to 31 Dec 2022, with £2.2m profit and 106 employees. The company is classified under “business and domestic software development” and is based in Manchester; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development

Status: Active
Location: Manchester, North West
Age: 25 yrs · since 2001
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 2022

Key figures

Capital-lightOperating leverage

Revenue

£13m

Growth ▲21.4%

Profit

£2.2m

Growth ▲43.3%

Profit margin

16.8%

Gross 88.3%

Employees

106

Change ▲2.9%

Profit / employee

£20.7k

Revenue/employee £123k

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 2021	31 Dec 2022
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£10.7m	£13m
Cost of sales	£1.5m	£1.5m
Gross profit	£9.2m	£11.5m
Operating profit	£1.6m	£2.1m
Profit before tax	£1.6m	£2.1m
Profit after tax	£1.5m	£2.2m
Profit (best available)	£1.5m	£2.2m
Employees (average)	103	106
Ratios
Profit margin	14.2%	16.8%
Gross margin	86.2%	88.3%
Revenue per employee	£104k	£123k
Profit per employee	£14.8k	£20.7k
Growth (year on year)
Revenue growth	—	▲21.4%
Profit growth	—	▲43.3%
Headcount growth	—	▲2.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£613k	£939k
Net assets	£6.4m	£8.6m
Fixed assets	£1.2m	£921k
Current assets	£10m	£12.7m
Debtors	£2.5m	£2.8m
Deferred income	£2.9m	£3.2m
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023

Derived from the latest filing

How the business works

Profit margin: 16.8%; Profit ÷ revenue.
Gross margin: 88.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £123k; Revenue ÷ average employees.
Profit per employee: £20.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 7.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 24.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 21.8%; 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: ▲34%; Now £8.6m
Cash at bank: ▲53%; Now £939k
Headcount: ▲3%; Now 106
Deferred income: ▲11%; Now £3.2m
Fixed assets: ▼24%; Now £921k

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

Mefla Ab 3 (registered outside the UK register)ultimate parent75–100%
Mefla UK Limited75–100%
Hive Topco Limited75–100%
Hive Bidco Limited75–100%
Medius Software Limitedthis 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).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2022 (profit £2.2m), from the Companies House accounts bulk data published Oct 2023. 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.