Medical Information Technology International Limited
Registered name: MEDICAL INFORMATION TECHNOLOGY INTERNATIONAL LIMITED
Medical Information Technology International Limited made £43m revenue and a £17.8k loss in the year to 31 Dec 2025.
Medical Information Technology International Limited’s revenue grew 90% to £43m in the year to 31 Dec 2025, with a loss of £17.8k and 64 employees. The company is classified under “other information technology service activities” and is based in Milton Keynes; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Milton Keynes, South East
- Age
- 10 yrs · since 2016
- 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 | Profit only | Profit only | No P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | — | — | — | £22.6m | £43m |
| Cost of sales | — | — | — | £17m | £29.5m |
| Gross profit | — | — | — | £5.6m | £13.5m |
| Operating profit | — | — | — | £3.2m | £10.8m |
| Profit before tax | — | — | — | £3.3m | £10.9m |
| Profit after tax | −£6.7k | −£7k | — | −£28.5k | −£17.8k |
| Profit (best available) | −£6.7k | −£7k | — | −£28.5k | −£17.8k |
| Staff costs | — | — | — | £3.5m | £4.7m |
| Employees (average) | 3 | 3 | 6 | 55 | 64 |
| Ratios | |||||
| Profit margin | — | — | — | −0.1% | 0% |
| Gross margin | — | — | — | 24.9% | 31.3% |
| Revenue per employee | — | — | — | £412k | £672k |
| Profit per employee | −£2.2k | −£2.3k | — | −£519 | −£279 |
| Cash conversion | — | — | — | 10.2% | 87.2% |
| Growth (year on year) | |||||
| Revenue growth | — | — | — | — | ▲90% |
| Headcount growth | — | 0% | ▲100% | ▲816.7% | ▲16.4% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £76.2k | £65.8k | £65k | £2.9m | £10.7m |
| Net assets | £79.6k | £72.6k | £66.5k | £37.9k | £20.1k |
| Fixed assets | £2 | £2 | — | £22.3k | £16.8k |
| Current assets | £83.9k | £77.8k | £74.9k | £21.7m | £31.8m |
| Debtors | £7.7k | £12k | £9.8k | £6.2m | £9.2m |
| Deferred income | £4.3k | £5.2k | — | — | — |
| Cash from operations | — | — | — | £328k | £9.4m |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Jul 2026 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 31.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £672k
- Revenue ÷ average employees.
- Profit per employee
- −£279
- Profit ÷ average employees.
- Cash conversion
- 87.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 21.4%
- 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
- ▼47%
- Now £20.1k
- Cash at bank
- ▲273%
- Now £10.7m
- Headcount
- ▲16%
- Now 64
- Deferred income
- —
- Now —
- Fixed assets
- ▼24%
- Now £16.8k
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- Profit
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- Staff
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- Saepio Solutions LimitedHigh Wycombe · Other information technology service activities
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- The Information Lab LimitedLondon · Other information technology service activities
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£17.8k), from the Companies House accounts bulk data published Jul 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.