Mitie Group PLC
Registered name: MITIE GROUP PLC
Mitie Group PLC made £5.6bn revenue and £90.3m profit in the year to 31 Mar 2026.
Mitie Group PLC’s revenue grew 11% to £5.6bn in the year to 31 Mar 2026, with £90.3m profit. The company is classified under “activities of head offices” and is based in Glasgow; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Glasgow, Scotland
- Age
- 90 yrs · since 1936
- Type
- Public 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £4.4bn | £5.1bn | £5.6bn |
| Cost of sales | −£3.9bn | −£4.5bn | −£5bn |
| Gross profit | £500m | £570m | £656m |
| Operating profit | £166m | £162m | £151m |
| Profit before tax | £156m | £145m | £124m |
| Profit after tax | £131m | £108m | £90.3m |
| Profit (best available) | £131m | £108m | £90.3m |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | 2.9% | 2.1% | 1.6% |
| Gross margin | 11.3% | 11.2% | 11.7% |
| Growth (year on year) | |||
| Revenue growth | — | ▲14.3% | ▲10.5% |
| Profit growth | — | ▼17.2% | ▼16.7% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Sep 2025 | Accounts · bulk data Sep 2025 | Accounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 1.6%
- Profit ÷ revenue.
- Gross margin
- 11.7%
- 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
- —
- 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.
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 —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (6)
- Mitie Care and Custody LimitedFigures not disclosed
- Mitie Ni LimitedFigures not disclosed
- Mitie Property Services (UK) LimitedFigures not disclosed
- Mitie Roofing LimitedFigures not disclosed
- Mitie Treasury Management LimitedFigures not disclosed
- Mitie Waste & Environmental Services LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2026 (profit £90.3m), 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.