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Company No. SC285089 · Incorporated 20 May 2005

Ninja Kiwi Europe Limited

Registered name: NINJA KIWI EUROPE LIMITED

Part of Modern Times Group Mtg Ab group

Ninja Kiwi Europe Limited made £3.8m revenue and £1m profit in the year to 31 Dec 2024. read from filing text

Ninja Kiwi Europe Limited’s revenue grew 11% to £3.8m in the year to 31 Dec 2024, with £1m profit and 47 employees. The company is classified under “other information technology service activities” and is based in Dundee; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities
Status
Active
Location
Dundee, Scotland
Age
21 yrs · since 2005
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: “The company was owned 100% by its parent company, Ninja Kiwi Limited, Kumeu, Auckland, New Zealand until 31 May 2021 when Ninja Kiwi Limited was purchased by Modern Times Group MTG AB, Stockholm, Swed”

Latest accounts · year to 31 Dec 2024

Key figures

Operating leverage
Revenue
£3.8m
Growth ▲11.4%
Profit
£1m
Growth ▲179.6%
Profit margin
26.9%
 
Employees
47
Change 0%
Profit / employee
£21.5k
Revenue/employee £80k
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 to31 Dec 202131 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&LFull P&LFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£2.1m£3.2m£3.4m£3.8m
Operating profit£159k£389k£366k£1m
Profit before tax£154k£386k£362k£1m
Profit (best available)£154k£386k£362k£1m
Staff costs£1.7m£2.5m£2.5m£2.9m
Employees (average)38424747
Ratios
Profit margin7.3%11.9%10.7%26.9%
Revenue per employee£55.3k£77.3k£71.8k£80k
Profit per employee£4.1k£9.2k£7.7k£21.5k
Growth (year on year)
Revenue growth——▲4%▲11.4%
Profit growth——▼6.2%▲179.6%
Headcount growth——▲11.9%0%
Balance sheet — indirect signals, not revenue
Cash at bank£241k£306k£164k£378k
Net assets£636k£796k£565k£903k
Current assets£875k£1m——
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023FullAccounts · bulk data Sep 2024FullAccounts · bulk data Jul 2025
Derived from the latest filing

How the business works

Profit margin
26.9%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£80k
Revenue ÷ average employees.
Profit per employee
£21.5k
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
▲60%
Now £903k
Cash at bank
▲131%
Now £378k
Headcount
0%
Now 47
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Modern Times Group Mtg Ab (registered outside the UK register)ultimate parent75–100%
  2. Ninja Kiwi Europe Limitedthis company

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

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

Same industry, similar size

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1m), from the Companies House accounts bulk data published Jul 2025. Spotted an error? Request a correction.

Updated from Companies House on 22 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.