How much does Mantlin Limited make?

Mantlin Limited reported revenue of £20.8m and £9.1m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Mantlin Limited have?

Mantlin Limited reported an average of 0 employees in the year to 31 Dec 2025.

Is Mantlin Limited profitable?

Yes — Mantlin Limited reported a profit of £9.1m in the year to 31 Dec 2025.

Company No. NI061631 · Incorporated 1 Nov 2006

Mantlin Limited

Registered name: MANTLIN LIMITED

Part of Mourant Corporate Trustee (Jersey) Limited group

Mantlin Limited made £20.8m revenue and £9.1m profit in the year to 31 Dec 2025.

Mantlin Limited’s revenue grew 12% to £20.8m in the year to 31 Dec 2025, with £9.1m profit and 0 employees. The company is classified under “other business support service activities” and is based in Belfast; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: Belfast, Northern Ireland
Age: 19 yrs · since 2006
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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: “GAHL Finco Limited”

Latest accounts · year to 31 Dec 2025

Key figures

Small team

Revenue

£20.8m

Growth ▲12%

Profit

£9.1m

Growth ▼14.6%

Profit margin

43.7%

Gross 63.5%

Employees

Change —

Profit / employee

—

Profitable streak

4yrs

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 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£32.8m	£23m	£18.6m	£20.8m
Cost of sales	£6.9m	£7.6m	£8m	£7.6m
Gross profit	£25.9m	£15.4m	£10.6m	£13.2m
Operating profit	£26m	£15.4m	£10.6m	£12.6m
Profit before tax	£26m	£15.3m	£10.7m	£12.6m
Profit after tax	£23.7m	£14.7m	£10.7m	£9.1m
Profit (best available)	£23.7m	£14.7m	£10.7m	£9.1m
Employees (average)	0	0	0	0
Ratios
Profit margin	72.2%	63.8%	57.4%	43.7%
Gross margin	78.9%	66.9%	57.1%	63.5%
Growth (year on year)
Revenue growth	—	▼29.9%	▼19.2%	▲12%
Profit growth	—	▼38.1%	▼27.3%	▼14.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£11.7m	£3.9m	£6.7m	£1.9m
Net assets	£24.9m	£22.9m	£22.4m	£13.3m
Fixed assets	£15.9m	£13m	£10.1m	£7.1m
Current assets	£17.4m	£12.6m	£14.8m	£7.9m
Debtors	£5.7m	£0	£906k	£500k
Deferred income	£464k	£156k	£506k	£197k
Source	Accounts · bulk data Jul 2024	Accounts · bulk data Jul 2024	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: 43.7%; Profit ÷ revenue.
Gross margin: 63.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 34.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2.4%; 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: ▼41%; Now £13.3m
Cash at bank: ▼72%; Now £1.9m
Headcount: —; Now 0
Deferred income: ▼61%; Now £197k
Fixed assets: ▼29%; Now £7.1m

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

Corporate ownership

Group structure

Ownership chain

Mourant Corporate Trustee (Jersey) Limitedultimate parent75–100%
Gravis Asset Holdings Limited75–100%
Gahl Finco Limited75–100%
Mantlin Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

Garves Wind LimitedFigures not disclosed

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £9.1m), 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.