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Company No. 12349383 · Incorporated 5 Dec 2019

Mitac Limited

Registered name: MITAC LIMITED

Mitac Limited made £55.2k revenue and £5.4k profit in the year to 31 Dec 2025.

Mitac Limited’s revenue fell 25% to £55.2k in the year to 31 Dec 2025, with £5.4k profit and 1 employee. The company is classified under “other engineering activities” and is based in Muswell Hill; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 71129Other engineering activities
Status
Active
Location
Muswell Hill, London
Age
6 yrs · since 2019
Type
Private Limited Company
Latest accounts · year to 31 Dec 2025

Key figures

IndependentSmall team
Revenue
£55.2k
Growth ▼24.8%
Profit
£5.4k
Growth ▼79.1%
Profit margin
9.8%
Gross 99.9%
Employees
1
Change 0%
Profit / employee
£5.4k
Revenue/employee £55.2k
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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureNo P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)—£46.1k£73.5k£55.2k
Cost of sales—£12.6k£12.6k£69
Gross profit—£33.6k£60.9k£55.1k
Operating profit—£29.1k£23.4k£1.8k
Profit before tax—£29.1k£25.8k£5.4k
Profit (best available)—£29.1k£25.8k£5.4k
Employees (average)1111
Ratios
Profit margin—63%35.2%9.8%
Gross margin—72.7%82.9%99.9%
Revenue per employee—£46.1k£73.5k£55.2k
Profit per employee—£29.1k£25.8k£5.4k
Growth (year on year)
Revenue growth——▲59.2%▼24.8%
Profit growth——▼11.2%▼79.1%
Headcount growth—0%0%0%
Balance sheet — indirect signals, not revenue
Net assets£14.4k£969£21.9k£22.9k
Current assets£70k£71.9k——
Deferred income£191£192——
SourceAccounts · bulk data Sep 2024Accounts · bulk data Sep 2024Director's Report and Unaudited Financial Statements · bulk data Sep 2025Director's Report and Unaudited Financial Statements · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
9.8%
Profit ÷ revenue.
Gross margin
99.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£55.2k
Revenue ÷ average employees.
Profit per employee
£5.4k
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
▲5%
Now £22.9k
Cash at bank
—
Now —
Headcount
0%
Now 1
Deferred income
—
Now —
Fixed assets
—
Now —
Same industry, similar size

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Sources

Latest figures from Director's Report and Unaudited Financial Statements for the year to 31 Dec 2025 (profit £5.4k), 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.