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Company No. 04468712 · Incorporated 25 Jun 2002

MRI Software Solutions Limited

Registered name: MRI SOFTWARE SOLUTIONS LIMITED

Part of Mri Software Llc group

MRI Software Solutions Limited made £21.3m revenue and £6.7m profit in the year to 31 Dec 2025.

MRI Software Solutions Limited’s revenue grew 18% to £21.3m in the year to 31 Dec 2025, with £6.7m profit and 104 employees. The company is classified under “business and domestic software development” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development
Status
Active
Location
London, London
Age
24 yrs · since 2002
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-lightDoing more with less
Revenue
£21.3m
Growth ▲17.9%
Profit
£6.7m
Growth ▲15.9%
Profit margin
31.5%
Gross 89.5%
Employees
104
Change ▼4.6%
Profit / employee
£64.5k
Revenue/employee £204k
Profitable streak
4yrs
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 to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£13.2m£15.1m£18m£21.3m
Cost of sales£1.1m£1.8m£2m£2.2m
Gross profit£12.1m£13.3m£16.1m£19m
Operating profit£1.8m£3.8m£7.7m£9m
Profit before tax£1.8m£3.8m£7.7m£9m
Profit after tax£1.3m£2.9m£5.8m£6.7m
Profit (best available)£1.3m£2.9m£5.8m£6.7m
Staff costs£8.3m£8.6m£8.4m£8.4m
Employees (average)111114109104
Ratios
Profit margin10%19.3%32.1%31.5%
Gross margin91.8%88%89.1%89.5%
Revenue per employee£119k£132k£165k£204k
Profit per employee£11.9k£25.5k£53.1k£64.5k
Growth (year on year)
Revenue growth—▲14.5%▲19.6%▲17.9%
Profit growth—▲119.8%▲99.2%▲15.9%
Headcount growth—▲2.7%▼4.4%▼4.6%
Balance sheet — indirect signals, not revenue
Cash at bank£199k—£3.6k—
Net assets£3.4m£6.3m£12.1m£18.8m
Fixed assets———£429k
Current assets£16.1m£24.8m£33.4m£42m
Debtors£8.8m£12.1m£11.3m£12.8m
Deferred income£6.3m£13m£16.1m£19.1m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
31.5%
Profit ÷ revenue.
Gross margin
89.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£204k
Revenue ÷ average employees.
Profit per employee
£64.5k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
89.8%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
60.2%
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
▲55%
Now £18.8m
Cash at bank
—
Now —
Headcount
▼5%
Now 104
Deferred income
▲19%
Now £19.1m
Fixed assets
—
Now £429k

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

  1. Mri Software Llc (registered outside the UK register)ultimate parent75–100%
  2. MRI Software Limited75–100%
  3. Fsi Global Limited75–100%
  4. MRI Software Solutions 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

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £6.7m), 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.