How much does Mutares UK Ltd make?

Mutares UK Ltd reported revenue of £3.3m and £279k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Mutares UK Ltd have?

Mutares UK Ltd reported an average of 10 employees in the year to 31 Dec 2024.

Is Mutares UK Ltd profitable?

Yes — Mutares UK Ltd reported a profit of £279k in the year to 31 Dec 2024.

Company No. 11436652 · Incorporated 27 Jun 2018

Mutares UK Ltd

Registered name: MUTARES UK LTD

Part of Mutares Se & Co. Kgaa group

Mutares UK Ltd made £3.3m revenue and £279k profit in the year to 31 Dec 2024. read from filing text

Mutares UK Ltd’s revenue fell 47% to £3.3m in the year to 31 Dec 2024, with £279k profit and 10 employees. The company is classified under “management consultancy activities other than financial management” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 70229Management consultancy activities other than financial management

Status: Active
Location: London, London
Age: 8 yrs · since 2018
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.

Latest accounts · year to 31 Dec 2024

Key figures

Revenue

£3.3m

Growth ▼47.4%

Profit

£279k

Growth ▼38%

Profit margin

8.4%

Gross 97.5%

Employees

Change ▼9.1%

Profit / employee

£27.9k

Revenue/employee £334k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£3.3m	£6.4m	£3.3m
Cost of sales	£109k	£32.6k	£85.2k
Gross profit	£3.2m	£6.3m	£3.3m
Operating profit	£318k	£453k	£301k
Profit before tax	£305k	£451k	£279k
Profit (best available)	£305k	£451k	£279k
Staff costs	£2.4m	£5.3m	£2.1m
Employees (average)	12	11	10
Ratios
Profit margin	9.3%	7.1%	8.4%
Gross margin	96.7%	99.5%	97.5%
Revenue per employee	£275k	£578k	£334k
Profit per employee	£25.4k	£41k	£27.9k
Growth (year on year)
Revenue growth	—	▲92.9%	▼47.4%
Profit growth	—	▲47.6%	▼38%
Headcount growth	—	▼8.3%	▼9.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£262k	£513k	£85.7k
Net assets	£396k	£739k	£297k
Source	Accounts · bulk data Mar 2024	Accounts · bulk data Mar 2024	FullAccounts · bulk data Feb 2025

Derived from the latest filing

How the business works

Profit margin: 8.4%; Profit ÷ revenue.
Gross margin: 97.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £334k; Revenue ÷ average employees.
Profit per employee: £27.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: ▼60%; Now £297k
Cash at bank: ▼83%; Now £85.7k
Headcount: ▼9%; Now 10
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Mutares Se & Co. Kgaa (registered outside the UK register)ultimate parent75–100%
Mutares UK Ltdthis 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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £279k), from the Companies House accounts bulk data published Feb 2025. 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.