Skip to content
CompanySight
Company No. SC427179 · Incorporated 27 Jun 2012

Minteg Limited

Registered name: MINTEG LIMITED

Part of Mediobanca S.P.A. group

Minteg Limited made £3.5m revenue and £301k profit in the year to 31 Dec 2024.

Minteg Limited’s revenue fell 21% to £3.5m in the year to 31 Dec 2024, with £301k profit and 12 employees. The company is classified under “other engineering activities” and is based in Aberdeen; we hold 3 years of its filed accounts.

Status
Active
Location
Aberdeen
Age
14 yrs · since 2012
Type
Private Limited Company
Latest accounts · year to 31 Dec 2024

Key figures

Revenue
£3.5m
Growth ▼20.5%
Profit
£301k
Growth —
Profit margin
8.6%
Gross 12.6%
Employees
12
Change ▼42.9%
Profit / employee
£25.1k
Revenue/employee £292k
Profitable streak
1yr
Consecutive profitable years in our data
3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£5.1m£4.4m£3.5m
Cost of sales−£4.7m−£3.9m−£3.1m
Gross profit£365k£474k£441k
Operating profit£124k£179k£430k
Profit before tax−£25k−£16k£301k
Profit after tax−£25k−£16k£301k
Profit (best available)−£25k−£16k£301k
Employees (average)312112
Ratios
Profit margin−0.5%−0.4%8.6%
Gross margin7.2%10.8%12.6%
Revenue per employee£163k£210k£292k
Profit per employee−£806−£762£25.1k
Growth (year on year)
Revenue growth—▼12.8%▼20.5%
Headcount growth—▼32.3%▼42.9%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Jun 2025Accounts · bulk data Jun 2025Accounts · bulk data Oct 2025
Derived from the latest filing

How the business works

Profit margin
8.6%
Profit ÷ revenue.
Gross margin
12.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£292k
Revenue ÷ average employees.
Profit per employee
£25.1k
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
—
Now —
Cash at bank
—
Now —
Headcount
▼43%
Now 12
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Mediobanca S.P.A. (registered outside the UK register)ultimate parent50–75%
  2. Polus Capital Management Group Limited75–100%
  3. Polus Capital Management Limited75–100%
  4. Enermech Holdings Ltd75–100%
  5. Enermech International Ltd75–100%
  6. Enermech Limited75–100%
  7. Minteg Limitedthis company

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

Sister companies (7)

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

Sources

Latest figures from accounts for the year to 31 Dec 2024 (profit £301k), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.

Updated from Companies House on 24 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.