How much does MHR International UK Limited make?

MHR International UK Limited reported revenue of £135m and £11m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does MHR International UK Limited have?

MHR International UK Limited reported an average of 867 employees in the year to 31 Dec 2024.

Is MHR International UK Limited profitable?

Yes — MHR International UK Limited reported a profit of £11m in the year to 31 Dec 2024.

Company No. 01852206 · Incorporated 3 Oct 1984

MHR International UK Limited

Registered name: MHR INTERNATIONAL UK LIMITED

Part of MHR Global Holdings Limited group

MHR International UK Limited made £135m revenue and £11m profit in the year to 31 Dec 2024.

MHR International UK Limited’s revenue grew 14% to £135m in the year to 31 Dec 2024, with £11m profit and 867 employees. The company is classified under “other information technology service activities” and is based in Nottingham; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities

Status: Active
Location: Nottingham, East Midlands
Age: 42 yrs · since 1984
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.

Latest accounts · year to 31 Dec 2024

Key figures

Revenue

£135m

Growth ▲13.7%

Profit

£11m

Growth ▲4%

Profit margin

8.2%

Gross 90.3%

Employees

867

Change ▲4.5%

Profit / employee

£12.7k

Revenue/employee £155k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£118m	£135m
Cost of sales	£10.5m	£13m
Gross profit	£108m	£122m
Operating profit	£14.4m	£16m
Profit before tax	£14.4m	£16.2m
Profit after tax	£10.6m	£11m
Profit (best available)	£10.6m	£11m
Staff costs	£60.4m	£66.2m
Employees (average)	830	867
Ratios
Profit margin	8.9%	8.2%
Gross margin	91.1%	90.3%
Revenue per employee	£142k	£155k
Profit per employee	£12.7k	£12.7k
Growth (year on year)
Revenue growth	—	▲13.7%
Profit growth	—	▲4%
Headcount growth	—	▲4.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£14.3m	£14.1m
Net assets	£15.1m	£18.9m
Fixed assets	£11.1m	£17.2m
Current assets	£61.9m	£68.9m
Debtors	£15m	£15.4m
Deferred income	£38.3m	£42.8m
Source	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 8.2%; Profit ÷ revenue.
Gross margin: 90.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £155k; Revenue ÷ average employees.
Profit per employee: £12.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 12.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 31.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.5%; 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: ▲25%; Now £18.9m
Cash at bank: ▼1%; Now £14.1m
Headcount: ▲4%; Now 867
Deferred income: ▲12%; Now £42.8m
Fixed assets: ▲55%; Now £17.2m

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

MHR Global Holdings Limitedultimate parent75–100%
MHR International UK Limitedthis company

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

Sister companies (1)

MHR People First LimitedFigures not disclosed

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £11m), from the Companies House accounts bulk data published Sep 2025. 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.