Mesh AI Limited
Registered name: MESH AI LIMITED
Mesh AI Limited made £16.2m revenue and a £5.7m loss in the year to 31 Dec 2025. read from filing text
Mesh AI Limited’s revenue grew 43% to £16.2m in the year to 31 Dec 2025, with a loss of £5.7m and 100 employees. The company is classified under “information technology consultancy activities” and is based in Poole; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Poole, South West
- Age
- 5 yrs · since 2021
- 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. From the filing: “At the balance sheet date, the Company's immediate and ultimate parent undertaking was Mesh AI Holdings, a company incorporated in the United States of America, by virtue of its 100% ownership of the ”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | £16.2m | £11.3m | £16.2m |
| Cost of sales | — | £9m | £8.7m | £10m |
| Gross profit | — | £7.2m | £2.6m | £6.2m |
| Operating profit | — | −£2.8m | −£8.1m | −£5.5m |
| Profit before tax | — | −£2.9m | −£8.2m | −£5.6m |
| Profit after tax | — | −£2.9m | −£6.6m | −£5.7m |
| Profit (best available) | — | −£2.9m | −£6.6m | −£5.7m |
| Staff costs | — | £13.5m | £14.7m | £17m |
| Employees (average) | 43 | 92 | 85 | 100 |
| Ratios | ||||
| Profit margin | — | −17.8% | −58.6% | −35.4% |
| Gross margin | — | 44.2% | 22.8% | 38.3% |
| Revenue per employee | — | £176k | £133k | £162k |
| Profit per employee | — | −£31.3k | −£77.8k | −£57.2k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼30.4% | ▲43.2% |
| Headcount growth | — | — | ▼7.6% | ▲17.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £727k | £1.8m | £251k | £647k |
| Net assets | £1.1m | £2.3m | £1.6m | −£3.9m |
| Fixed assets | £177k | £180k | £112k | £161k |
| Current assets | £3.1m | £5m | £5.4m | £4.3m |
| Debtors | £2m | £2.4m | £2.3m | £2.3m |
| Deferred income | — | £130k | £819k | £697k |
| Cash from operations | — | £2.8m | £7.4m | £912k |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −35.4%
- Profit ÷ revenue.
- Gross margin
- 38.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £162k
- Revenue ÷ average employees.
- Profit per employee
- −£57.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 4.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14%
- 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
- ▼341%
- Now −£3.9m
- Cash at bank
- ▲158%
- Now £647k
- Headcount
- ▲18%
- Now 100
- Deferred income
- ▼15%
- Now £697k
- Fixed assets
- ▲43%
- Now £161k
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£5.7m), 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.