Mitchell & Ness International Limited
Registered name: MITCHELL & NESS INTERNATIONAL LIMITED
Mitchell & Ness International Limited made £7.5m revenue and a £1.4m loss in the year to 31 Dec 2025.
Mitchell & Ness International Limited’s revenue fell 23% to £7.5m in the year to 31 Dec 2025, with a loss of £1.4m and 23 employees. The company is classified under “agents involved in the sale of textiles, clothing, fur, footwear and leather goods” and is based in London; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 17 yrs · since 2009
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 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 | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £12.4m | £19.5m | £16.3m | £9.7m | £7.5m |
| Cost of sales | £10.9m | £14.9m | £13.3m | £8.4m | £6.6m |
| Gross profit | £1.6m | £4.5m | £2.9m | £1.3m | £838k |
| Operating profit | £79.3k | £3.1m | £1.2m | −£1.4m | −£1.8m |
| Profit before tax | £79.3k | £3.1m | £1.2m | −£1.4m | −£1.8m |
| Profit after tax | £79.3k | £2.8m | £921k | −£1.4m | −£1.4m |
| Profit (best available) | £79.3k | £2.8m | £921k | −£1.4m | −£1.4m |
| Staff costs | £742k | £802k | £965k | £1.2m | £1.3m |
| Employees (average) | 12 | 13 | 19 | 24 | 23 |
| Ratios | |||||
| Profit margin | 0.6% | 14.2% | 5.7% | −14.4% | −18.9% |
| Gross margin | 12.6% | 23.2% | 17.9% | 13% | 11.2% |
| Revenue per employee | £1m | £1.5m | £856k | £404k | £325k |
| Profit per employee | £6.6k | £213k | £48.5k | −£58.1k | −£61.5k |
| Cash conversion | 1759% | 21.8% | 242.6% | — | — |
| Growth (year on year) | |||||
| Revenue growth | — | ▲56.7% | ▼16.4% | ▼40.4% | ▼22.9% |
| Profit growth | — | ▲3391% | ▼66.7% | ▼251.3% | — |
| Headcount growth | — | ▲8.3% | ▲46.2% | ▲26.3% | ▼4.2% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £3.6m | £4.3m | £646k | £631k | £688k |
| Net assets | −£144k | £2.6m | £3.5m | £2.1m | £736k |
| Fixed assets | £46.7k | £34.5k | £190k | £1.9m | £1.8m |
| Current assets | £7.9m | £13.8m | £9.6m | £7.5m | £5.7m |
| Debtors | £2.3m | £6m | £4.5m | £1.7m | £1.1m |
| Deferred income | £32.5k | £117k | £45.4k | — | — |
| Cash from operations | £1.4m | £668k | £2.8m | −£3.1m | £1.4m |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −18.9%
- Profit ÷ revenue.
- Gross margin
- 11.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £325k
- Revenue ÷ average employees.
- Profit per employee
- −£61.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 23.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.9%
- 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
- ▼66%
- Now £736k
- Cash at bank
- ▲9%
- Now £688k
- Headcount
- ▼4%
- Now 23
- Deferred income
- —
- Now —
- Fixed assets
- ▼9%
- Now £1.8m
Similar profitable businesses
- Rains International LtdLondon · Agents involved in the sale of textiles, clothing, fur, footwear and leather goods
- Revenue
- £8.1m
- Profit
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- Staff
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- Keypoint Industrial Solutions (UK) LimitedIngatestone, · Agents involved in the sale of textiles, clothing, fur, footwear and leather goods
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- Profit
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- Green Global Services LimitedLondon · Agents involved in the sale of textiles, clothing, fur, footwear and leather goods
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- Fenix Outdoor UK LimitedGosport · Agents involved in the sale of textiles, clothing, fur, footwear and leather goods
- Revenue
- £10.4m
- Profit
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- Staff
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- Lloyd Baker Leather LtdHatfield · Agents involved in the sale of textiles, clothing, fur, footwear and leather goods
- Revenue
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- Profit
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- Axel Arigato London LimitedLondon · Agents involved in the sale of textiles, clothing, fur, footwear and leather goods
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- Profit
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£1.4m), 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.