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Company No. 05195273 · Incorporated 2 Aug 2004

Montash Limited

Registered name: MONTASH LIMITED

Montash Limited made £40.9m revenue and £1.4m profit in the year to 31 Dec 2025.

Montash Limited’s revenue grew 27% to £40.9m in the year to 31 Dec 2025, with £1.4m profit and 69 employees. The company is classified under “other activities of employment placement agencies” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 78109Other activities of employment placement agencies
Status
Active
Location
London, London
Age
22 yrs · since 2004
Type
Private Limited Company
Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-lightOperating leverageCash flow filed
Revenue
£40.9m
Growth ▲27.2%
Profit
£1.4m
Growth ▲104.7%
Profit margin
3.4%
Gross 23.5%
Employees
69
Change ▲11.3%
Profit / employee
£20.2k
Revenue/employee £593k
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 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£19.8m£24.4m£32.2m£40.9m
Cost of sales£14.8m£18.8m£24.9m£31.3m
Gross profit£5m£5.6m£7.3m£9.6m
Operating profit£441k£681k£1.1m£1.8m
Profit before tax£428k£659k£1.1m£1.8m
Profit after tax£346k£502k£680k£1.4m
Profit (best available)£346k£502k£680k£1.4m
Staff costs£3.6m£4.5m£4.5m£5.9m
Employees (average)55616269
Ratios
Profit margin1.8%2.1%2.1%3.4%
Gross margin25.3%22.9%22.7%23.5%
Revenue per employee£360k£401k£519k£593k
Profit per employee£6.3k£8.2k£11k£20.2k
Cash conversion−208.1%−85.6%−182.2%23.7%
Growth (year on year)
Revenue growth—▲23.4%▲31.7%▲27.2%
Profit growth—▲45%▲35.5%▲104.7%
Headcount growth—▲10.9%▲1.6%▲11.3%
Balance sheet — indirect signals, not revenue
Cash at bank£731k£801k£1.9m£631k
Net assets£1.5m£1.5m£1.8m£3.1m
Fixed assets£132k£94.6k£73.5k£56.8k
Current assets£5.6m£6.4m£9m£9.3m
Debtors£4.5m£4.7m£6.8m£7.8m
Deferred income£1.5m£1.7m£2m£2.4m
Cash from operations−£919k−£583k−£1.9m£431k
SourceFullAccounts · bulk data Aug 2024FullAccounts · bulk data Aug 2024FullAccounts · bulk data Aug 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
3.4%
Profit ÷ revenue.
Gross margin
23.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£593k
Revenue ÷ average employees.
Profit per employee
£20.2k
Profit ÷ average employees.
Cash conversion
23.7%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
5.8%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
19.1%
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
▲78%
Now £3.1m
Cash at bank
▼66%
Now £631k
Headcount
▲11%
Now 69
Deferred income
▲15%
Now £2.4m
Fixed assets
▼23%
Now £56.8k

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

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Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.4m), 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.