How much does MI3 Limited make?

MI3 Limited reported revenue of £9.5m and £474k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does MI3 Limited have?

MI3 Limited reported an average of 62 employees in the year to 31 Dec 2025.

Is MI3 Limited profitable?

Yes — MI3 Limited reported a profit of £474k in the year to 31 Dec 2025.

Company No. 05778266 · Incorporated 11 Apr 2006

MI3 Limited

Registered name: MI3 LIMITED

MI3 Limited made £9.5m revenue and £474k profit in the year to 31 Dec 2025.

MI3 Limited’s revenue grew 31% to £9.5m in the year to 31 Dec 2025, with £474k profit and 62 employees. The company is classified under “manufacture of other plastic products” and is based in Colwyn Bay; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 22290Manufacture of other plastic products

Status: Active
Location: Colwyn Bay, Wales
Age: 20 yrs · since 2006
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: “Karl Storz SE & Co KG”

Latest accounts · year to 31 Dec 2025

Key figures

Operating leverageDoing more with less

Revenue

£9.5m

Growth ▲31.1%

Profit

£474k

Growth ▲160.5%

Profit margin

Gross 30.3%

Employees

Change ▼17.3%

Profit / employee

£7.6k

Revenue/employee £154k

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 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)	£8.5m	£8.7m	£7.3m	£9.5m
Cost of sales	£5.7m	£5.8m	£4.8m	£6.6m
Gross profit	£2.8m	£2.9m	£2.4m	£2.9m
Operating profit	£330k	£575k	£210k	£590k
Profit before tax	£282k	£579k	£266k	£652k
Profit after tax	£220k	£423k	£182k	£474k
Profit (best available)	£220k	£423k	£182k	£474k
Staff costs	—	£3m	£2.3m	£2.2m
Employees (average)	80	93	75	62
Ratios
Profit margin	2.6%	4.9%	2.5%	5%
Gross margin	33.2%	33%	33.5%	30.3%
Revenue per employee	£106k	£93.1k	£97k	£154k
Profit per employee	£2.7k	£4.5k	£2.4k	£7.6k
Growth (year on year)
Revenue growth	—	▲2.1%	▼16%	▲31.1%
Profit growth	—	▲92.3%	▼57%	▲160.5%
Headcount growth	—	▲16.3%	▼19.4%	▼17.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£62.6k	£156k	£151k	£153k
Net assets	£4.6m	£5.1m	£5.2m	£5.7m
Fixed assets	£2.3m	£2.2m	£2m	£1.9m
Current assets	£3.9m	£4.3m	£4.3m	£4.4m
Debtors	£110k	£186k	£700	£189k
Deferred income	—	£118k	£111k	£103k
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 5%; Profit ÷ revenue.
Gross margin: 30.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £154k; Revenue ÷ average employees.
Profit per employee: £7.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 20.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2%; 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: ▲9%; Now £5.7m
Cash at bank: ▲1%; Now £153k
Headcount: ▼17%; Now 62
Deferred income: ▼7%; Now £103k
Fixed assets: ▼6%; Now £1.9m

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £474k), 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.