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Company No. 13042725 · Incorporated 25 Nov 2020

Managed IT Services Group Ltd

Registered name: MANAGED IT SERVICES GROUP LTD

Managed IT Services Group Ltd made £21.7m revenue and a £4.1m loss in the year to 31 Dec 2025. read from filing text

Managed IT Services Group Ltd’s revenue grew 28% to £21.7m in the year to 31 Dec 2025, with a loss of £4.1m and 116 employees. The company is classified under “other information technology service activities” and is based in Manchester; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities
Status
Active
Location
Manchester, North West
Age
5 yrs · since 2020
Type
Private Limited Company
Latest accounts · year to 31 Dec 2025

Key figures

IndependentDoing more with less
Revenue
£21.7m
Growth ▲27.6%
Profit
−£4.1m
Growth —
Profit margin
−18.8%
Gross 34.2%
Employees
116
Change ▼11.5%
Profit / employee
−£35.3k
Revenue/employee £187k
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 to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£15.6m£15.7m£17m£21.7m
Cost of sales£10.8m£11.6m£12.7m£14.3m
Gross profit£4.8m£4.1m£4.4m£7.4m
Operating profit−£1.8m−£1.7m−£4.8m−£1.5m
Profit before tax−£2.8m−£3.5m−£6.6m−£3.7m
Profit after tax−£2.6m−£3.5m−£6.7m−£4.1m
Profit (best available)−£2.6m−£3.5m−£6.7m−£4.1m
Employees (average)8292131116
Ratios
Profit margin−16.8%−22.4%−39.1%−18.8%
Gross margin30.6%26.1%25.6%34.2%
Revenue per employee£190k£171k£130k£187k
Profit per employee−£31.9k−£38.2k−£50.8k−£35.3k
Growth (year on year)
Revenue growth—▲0.7%▲8.5%▲27.6%
Headcount growth—▲12.2%▲42.4%▼11.5%
Balance sheet — indirect signals, not revenue
Cash at bank£627£173k£109k£132k
Net assets£21.8k−£462k−£5.4m−£8m
Fixed assets£11.9m£11.7m£13.1m£26m
Current assets£4.3m£5.9m£6m£7.7m
Debtors£0£0£0£0
SourceFullAccounts · bulk data Jul 2024FullAccounts · bulk data Jul 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
−18.8%
Profit ÷ revenue.
Gross margin
34.2%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£187k
Revenue ÷ average employees.
Profit per employee
−£35.3k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
119.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
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 −£8m
Cash at bank
▲21%
Now £132k
Headcount
▼11%
Now 116
Deferred income
—
Now —
Fixed assets
▲99%
Now £26m
Corporate ownership

Group structure

Subsidiaries (10)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£4.1m), 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.