Micim Ltd
Registered name: MICIM LTD
Micim Ltd made £23.7m revenue and £253k profit in the year to 31 Dec 2025.
Micim Ltd’s revenue grew 63% to £23.7m in the year to 31 Dec 2025, with £253k profit and 82 employees. The company is classified under “other business support service activities” and is based in Reading; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Reading, 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 | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £17.9m | £18.4m | £29.7m | £14.5m | £23.7m |
| Cost of sales | £12.5m | £11.2m | £23.8m | £16.3m | £18.4m |
| Gross profit | £5.5m | £7.2m | £5.9m | −£1.8m | £5.3m |
| Operating profit | £3.1m | £4.4m | £3.3m | −£6m | £1.8m |
| Profit before tax | £3.1m | £4.4m | £2.7m | −£6.2m | £1.3m |
| Profit after tax | £2.5m | £3.5m | £1.9m | −£4.7m | £253k |
| Profit (best available) | £2.5m | £3.5m | £1.9m | −£4.7m | £253k |
| Staff costs | £3.7m | £3m | £5.3m | £5.5m | £7.4m |
| Employees (average) | — | 48 | — | 60 | 82 |
| Ratios | |||||
| Profit margin | 13.8% | 19.1% | 6.5% | −32.5% | 1.1% |
| Gross margin | 30.5% | 39.1% | 19.9% | −12.3% | 22.5% |
| Revenue per employee | — | £383k | — | £242k | £289k |
| Profit per employee | — | £73.2k | — | −£78.8k | £3.1k |
| Cash conversion | 118.4% | 30.9% | 95.1% | — | 68.4% |
| Growth (year on year) | |||||
| Revenue growth | — | ▲2.4% | ▲61.8% | ▼51.1% | ▲63.4% |
| Profit growth | — | ▲42% | ▼44.7% | ▼343.4% | — |
| Headcount growth | — | — | — | — | ▲36.7% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £3m | £807k | £3m | £285k | £759k |
| Net assets | £2m | £4.6m | £6.2m | £997k | £1.1m |
| Fixed assets | £247k | £1.9m | £2.8m | £151k | £251k |
| Current assets | £8.6m | £6.7m | £11.1m | £10.6m | £7.9m |
| Debtors | £4.7m | £1.2m | £2.5m | £3.9m | £828k |
| Deferred income | £3.3m | £798k | £2.6m | £1.1m | £643k |
| Cash from operations | £3.6m | £1.4m | £3.2m | −£4.3m | £1.2m |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data May 2026 | FullAccounts · bulk data May 2026 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- 1.1%
- Profit ÷ revenue.
- Gross margin
- 22.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £289k
- Revenue ÷ average employees.
- Profit per employee
- £3.1k
- Profit ÷ average employees.
- Cash conversion
- 68.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3.5%
- 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
- ▲12%
- Now £1.1m
- Cash at bank
- ▲167%
- Now £759k
- Headcount
- ▲37%
- Now 82
- Deferred income
- ▼42%
- Now £643k
- Fixed assets
- ▲67%
- Now £251k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (2)
- Copper Peg LtdFigures not disclosed
- Operational Intelligence LtdFigures not disclosed
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 £253k), from the Companies House accounts bulk data published May 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.