MRI Software Solutions Limited
Registered name: MRI SOFTWARE SOLUTIONS LIMITED
Part of Mri Software Llc groupMRI 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.
- 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.
Key figures
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 | Full P&L | Full P&L | Full P&L | Full 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) | 111 | 114 | 109 | 104 |
| Ratios | ||||
| Profit margin | 10% | 19.3% | 32.1% | 31.5% |
| Gross margin | 91.8% | 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 |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
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.
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.
Group structure
Ownership chain
- Mri Software Llc (registered outside the UK register)ultimate parent75–100%
- MRI Software Limited75–100%
- Fsi Global Limited75–100%
- 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).
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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.