How much does Mews Systems Limited make?

Mews Systems Limited reported revenue of £25.6m and a loss of £20.8m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Mews Systems Limited have?

Mews Systems Limited reported an average of 195 employees in the year to 31 Dec 2024.

Is Mews Systems Limited profitable?

No — Mews Systems Limited reported a loss of £20.8m in the year to 31 Dec 2024.

Company No. 10355686 · Incorporated 1 Sep 2016

Mews Systems Limited

Registered name: MEWS SYSTEMS LIMITED

Mews Systems Limited made £25.6m revenue and a £20.8m loss in the year to 31 Dec 2024.

Mews Systems Limited’s revenue grew 45% to £25.6m in the year to 31 Dec 2024, with a loss of £20.8m and 195 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: 10 yrs · since 2016
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

IndependentCapital-light

Revenue

£25.6m

Growth ▲45.1%

Profit

−£20.8m

Growth —

Profit margin

−81.2%

Employees

195

Change ▲41.3%

Profit / employee

−£106k

Revenue/employee £131k

Profitable streak

0yrs

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 to	31 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Profit only	Profit only	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£17.6m	£25.6m
Operating profit	—	—	−£16.6m	−£18.1m
Profit before tax	—	—	−£18m	−£20.8m
Profit after tax	−£37.6k	−£9.3m	−£18m	−£20.8m
Profit (best available)	−£37.6k	−£9.3m	−£18m	−£20.8m
Employees (average)	36	84	138	195
Ratios
Profit margin	—	—	−101.8%	−81.2%
Revenue per employee	—	—	£128k	£131k
Profit per employee	−£1k	−£110k	−£130k	−£106k
Growth (year on year)
Revenue growth	—	—	—	▲45.1%
Headcount growth	—	▲133.3%	▲64.3%	▲41.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£155k	£185k	£64.5k	£474k
Net assets	£721k	−£8.6m	−£26.5m	−£47.3m
Fixed assets	£170k	£262k	£234k	£229k
Debtors	£47	£6.1k	£6.7k	£6.8k
Deferred income	—	—	£579k	£360k
Source	Accounts · bulk data Jun 2024	Accounts · bulk data Jun 2024	FilletedAccounts · bulk data Mar 2025	FullAccounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: −81.2%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £131k; Revenue ÷ average employees.
Profit per employee: −£106k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; 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: —; Now −£47.3m
Cash at bank: ▲636%; Now £474k
Headcount: ▲41%; Now 195
Deferred income: ▼38%; Now £360k
Fixed assets: ▼2%; Now £229k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£20.8m), from the Companies House accounts bulk data published Jan 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.