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.
- Status
- Active
- Location
- London, London
- Age
- 22 yrs · since 2004
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full 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) | 55 | 61 | 62 | 69 |
| Ratios | ||||
| Profit margin | 1.8% | 2.1% | 2.1% | 3.4% |
| Gross margin | 25.3% | 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 |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Sep 2026 |
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.
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.
Similar profitable businesses
- Morgan Hunt UK LimitedLondon · Other activities of employment placement agencies
- Revenue
- £40.4m
- Profit
- £144k
- Staff
- 116
- Sphere Solutions LimitedCardiff · Other activities of employment placement agencies
- Revenue
- £40m
- Profit
- £516k
- Staff
- 49
- Jam Recruitment LimitedCheadle · Other activities of employment placement agencies
- Revenue
- £39.6m
- Profit
- £133k
- Staff
- 67
- Tech Professionals LimitedBanbury · Other activities of employment placement agencies
- Revenue
- £39.4m
- Profit
- £1.5m
- Staff
- 49
- Tile Hill Interim & Executive LimitedLetchworth Garden City · Other activities of employment placement agencies
- Revenue
- £39.4m
- Profit
- £1.4m
- Staff
- 42
- Remedy Recruitment Group LimitedLoughton · Other activities of employment placement agencies
- Revenue
- £44.6m
- Profit
- £158k
- Staff
- 248
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.