Mix Telematics Europe Ltd
Registered name: MIX TELEMATICS EUROPE LTD
Part of Mix Telematics (Pty) Ltd groupMix Telematics Europe Ltd made £14m revenue and £429k profit in the year to 31 Mar 2025.
Mix Telematics Europe Ltd’s revenue grew 17% to £14m in the year to 31 Mar 2025, with £429k profit and 41 employees. The company is classified under “data processing, hosting and related activities” and is based in Birmingham; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Birmingham, West Midlands
- Age
- 19 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £11.9m | £14m |
| Cost of sales | £5.9m | £7.3m |
| Gross profit | £6.1m | £6.8m |
| Operating profit | £881k | £773k |
| Profit before tax | £885k | £764k |
| Profit after tax | £543k | £429k |
| Profit (best available) | £543k | £429k |
| Staff costs | £3.4m | £3.5m |
| Employees (average) | 51 | 41 |
| Ratios | ||
| Profit margin | 4.5% | 3.1% |
| Gross margin | 50.8% | 48.2% |
| Revenue per employee | £234k | £342k |
| Profit per employee | £10.6k | £10.5k |
| Growth (year on year) | ||
| Revenue growth | — | ▲17.4% |
| Profit growth | — | ▼21% |
| Headcount growth | — | ▼19.6% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £4.7m | £1.4m |
| Net assets | £6.6m | £2.7m |
| Fixed assets | £1.5m | £1.3m |
| Current assets | £8.2m | £6.3m |
| Debtors | £1.9m | £2.9m |
| Deferred income | £1m | £1.3m |
| Source | FullAccounts · bulk data Mar 2026 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 3.1%
- Profit ÷ revenue.
- Gross margin
- 48.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £342k
- Revenue ÷ average employees.
- Profit per employee
- £10.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 9.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 9.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 20.4%
- 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
- ▼58%
- Now £2.7m
- Cash at bank
- ▼70%
- Now £1.4m
- Headcount
- ▼20%
- Now 41
- Deferred income
- ▲27%
- Now £1.3m
- Fixed assets
- ▼11%
- Now £1.3m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Mix Telematics (Pty) Ltd (registered outside the UK register)ultimate parent75–100%
- Mix Telematics Europe Ltdthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £429k), from the Companies House accounts bulk data published Mar 2026. Spotted an error? Request a correction.
Updated from Companies House on 22 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.