Mri Software Emea Limited

POWER SEARCH PRICING

SOLUTIONS

mri software emea limited Company Information

Live

MatureLargeHealthy

Company Number

01656218

Website

http://mrisoftware.com

Registered Address

9 king street, london, EC2V 8EA

Industry

Business and domestic software development

Telephone

02038617100

Next Accounts Due

September 2025

Group Structure

View All

Directors

Patrick Ghilani7 Years

John Ensign7 Years

View All

Shareholders

ecs (holdings) ltd 100%

mri software emea limited Estimated Valuation

£155.1m

Pomanda estimates the enterprise value of MRI SOFTWARE EMEA LIMITED at £155.1m based on an EBITDA of £12.4m and a 12.54x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Mri Software Emea Limited is a live company located in london, EC2V 8EA with a Companies House number of 01656218. It operates in the business and domestic software development sector, SIC Code 62012. Founded in August 1982, it's largest shareholder is ecs (holdings) ltd with a 100% stake. Mri Software Emea Limited is a mature, large sized company, Pomanda has estimated its turnover at £43.6m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Mri Software Emea Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs

Health Rating5out of 5

8 Strong

0 Regular

3 Weak

Size

annual sales of £43.6m, make it larger than the average company (£4.5m)

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (9.9%)

EXPORT

Mri Software Emea Limited's latest turnover from December 2023 is £43.6 million and the company has net assets of £44.5 million. According to their latest financial statements, Mri Software Emea Limited has 222 employees and maintains cash reserves of £135.4 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Feb 2017	Feb 2016	Feb 2015	Feb 2014	Feb 2013	Feb 2012	Feb 2011	Feb 2010
Turnover	43,636,507	38,663,630	35,369,090	31,082,510	31,850,589	26,378,601	19,719,830	23,079,571	21,273,164	18,181,390	16,577,767	15,129,207	14,299,241	13,833,758	13,914,822
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	1,311,765	2,636,770	1,777,015	1,458,908	1,568,238	1,332,615	950,704	928,418	1,234,870	805,522	685,283	490,215	499,195	485,457	553,484
Gross Profit	42,324,742	36,026,860	33,592,075	29,623,602	30,282,351	25,045,986	18,769,126	22,151,153	20,038,294	17,375,868	15,892,484	14,638,992	13,800,046	13,348,301	13,361,338
Admin Expenses	31,328,733	27,263,248	21,236,599	22,177,788	18,509,790	22,137,293	16,513,435	17,744,434	15,989,571	13,513,948	12,060,252	10,661,713	10,463,968	9,859,872	10,006,045
Operating Profit	10,996,009	8,763,612	12,355,476	7,445,814	11,772,561	2,908,693	2,255,691	4,406,719	4,048,723	3,861,920	3,832,232	3,977,279	3,336,078	3,488,429	3,355,293
Interest Payable	6,457	318	779	1,199	0	0	0	0	650	2,473	2,547	48	2,766	7	15,991
Interest Receivable	23,448	0	0	194	106	0	1,865	6,931	7,059	1,596	12,473	8,105	6,255	7,511	1,018
Pre-Tax Profit	11,013,000	8,763,294	12,354,697	7,444,809	11,772,667	2,908,693	1,701,956	4,413,650	4,176,370	3,861,043	3,842,158	3,985,336	3,339,567	3,495,933	3,340,320
Tax	-1,910,013	-1,349,111	-1,701,445	-1,017,889	-2,081,087	-895,754	-399,107	-124,400	-159,292	-61,960	-77,325	-108,355	-6,460	-86,695	-87,879
Profit After Tax	9,102,987	7,414,183	10,653,252	6,426,920	9,691,580	2,012,939	1,302,849	4,289,250	4,017,078	3,799,083	3,764,833	3,876,981	3,333,107	3,409,238	3,252,441
Dividends Paid	0	0	0	0	0	0	2,248,000	2,615,000	3,960,000	2,500,000	2,500,000	2,500,000	2,400,000	2,000,000	1,500,000
Retained Profit	9,102,987	7,414,183	10,653,252	6,426,920	9,691,580	2,012,939	-945,151	1,674,250	57,078	1,299,083	1,264,833	1,376,981	933,107	1,409,238	1,752,441
Employee Costs	19,355,565	16,334,848	12,656,275	10,257,651	11,357,124	12,332,626	11,755,364	13,456,550	12,334,868	10,363,469	9,292,040	8,160,208	7,754,004	7,424,948	7,328,373
Number Of Employees	222	214	201	173	175	195	246	246	237	187	171	156	155	153	160
EBITDA*	12,368,881	10,216,562	13,530,688	8,396,994	12,556,690	3,468,755	2,765,448	5,027,628	4,538,712	4,121,045	3,997,292	4,105,724	3,476,168	3,665,237	3,555,829

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Feb 2017	Feb 2016	Feb 2015	Feb 2014	Feb 2013	Feb 2012	Feb 2011	Feb 2010
Tangible Assets	3,236,816	4,307,705	3,659,117	3,451,371	2,924,447	1,980,462	851,060	933,988	877,604	759,882	733,537	314,243	342,858	398,806	414,575
Intangible Assets	1,592,813	1,787,852	2,303,056	2,618,571	2,934,085	3,249,599	3,565,113	4,073,357	3,713,119	489,566	0	0	30,000	30,000	30,000
Investments & Other	2,757,581	2,757,581	2,757,581	2,763,556	2,763,556	447,569	447,569	1,003,169	447,569	4,515,451	4,515,451	4,510,286	441,594	441,594	441,595
Debtors (Due After 1 year)	0	0	0	22,944,521	22,357,901	15,851,171	16,003,925	15,328,594	0	0	0	0	0	0	0
Total Fixed Assets	7,587,210	8,853,138	8,719,754	31,778,019	30,979,989	21,528,801	20,867,667	21,339,108	5,038,292	5,764,899	5,248,988	4,824,529	814,452	870,400	886,170
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	23,007,395	26,745,534	19,039,650	18,085,919	13,209,941	13,960,070	5,477,740	3,652,806	3,742,972	3,363,965	3,567,380	3,322,276	3,406,817	2,956,661	3,190,389
Group Debtors	51,478,979	58,512,019	74,368,508	1,079,461	1,227,776	751,377	0	0	14,689,475	14,856,585	14,144,210	10,156,351	12,644,695	12,229,836	17,752,358
Misc Debtors	1,286,091	1,243,341	786,976	533,058	1,397,836	684,647	670,191	840,990	745,485	845,123	720,594	549,368	533,842	448,792	404,577
Cash	135,361	572,116	265,602	419,647	574,599	1,076,155	1,023,403	2,187,357	927,955	109,500	6,821	1,734,856	1,281,747	1,285,102	814,473
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	75,907,826	87,073,010	94,460,736	20,118,085	16,410,152	16,472,249	7,171,334	6,681,153	20,105,887	19,175,173	18,439,005	15,762,851	17,867,101	16,920,391	22,161,797
total assets	83,495,036	95,926,148	103,180,490	51,896,104	47,390,141	38,001,050	28,039,001	28,020,261	25,144,179	24,940,072	23,687,993	20,587,380	18,681,553	17,790,791	23,047,967
Bank overdraft	0	0	0	0	0	0	0	0	0	0	1,296,259	0	12,441	422,281	1,037,600
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	601,679	678,230	465,067	848,637	203,727	988,407	323,165	293,622	338,211	413,477	496,953	485,538	546,707	505,445	534,680
Group/Directors Accounts	5,415,705	30,220,968	48,236,507	895,811	655,035	2,105,875	833,575	0	510	900,000	0	0	0	0	5,929,280
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	32,671,607	29,021,465	26,046,172	26,174,988	19,549,886	17,663,689	11,858,490	11,758,537	10,503,436	9,197,366	8,746,038	8,222,793	7,568,837	7,470,441	7,545,294
total current liabilities	38,688,991	59,920,663	74,747,746	27,919,436	20,408,648	20,757,971	13,015,230	12,052,159	10,842,157	10,510,843	10,539,250	8,708,331	8,127,985	8,398,167	15,046,854
loans	0	0	0	8,503,316	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	227,616	267,616	296,116	347,616	119,779	137,506
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	333,015	635,442	476,884	442,076	343,948	297,114	90,745	89,925	98,095	54,764	33,361	0	0	0	0
total long term liabilities	333,015	635,442	476,884	8,945,392	343,948	297,114	90,745	89,925	98,095	282,380	300,977	296,116	347,616	119,779	137,506
total liabilities	39,022,006	60,556,105	75,224,630	36,864,828	20,752,596	21,055,085	13,105,975	12,142,084	10,940,252	10,793,223	10,840,227	9,004,447	8,475,601	8,517,946	15,184,360
net assets	44,473,030	35,370,043	27,955,860	15,031,276	26,637,545	16,945,965	14,933,026	15,878,177	14,203,927	14,146,849	12,847,766	11,582,933	10,205,952	9,272,845	7,863,607
total shareholders funds	44,473,030	35,370,043	27,955,860	15,031,276	26,637,545	16,945,965	14,933,026	15,878,177	14,203,927	14,146,849	12,847,766	11,582,933	10,205,952	9,272,845	7,863,607

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Feb 2017	Feb 2016	Feb 2015	Feb 2014	Feb 2013	Feb 2012	Feb 2011	Feb 2010
Operating Activities
Operating Profit	10,996,009	8,763,612	12,355,476	7,445,814	11,772,561	2,908,693	2,255,691	4,406,719	4,048,723	3,861,920	3,832,232	3,977,279	3,336,078	3,488,429	3,355,293
Depreciation	1,177,833	1,137,436	859,697	635,666	468,615	244,548	225,725	273,141	220,888	204,729	165,060	128,445	140,090	176,808	200,536
Amortisation	195,039	315,514	315,515	315,514	315,514	315,514	284,032	347,768	269,101	54,396	0	0	0	0	0
Tax	-1,910,013	-1,349,111	-1,701,445	-1,017,889	-2,081,087	-895,754	-399,107	-124,400	-159,292	-61,960	-77,325	-108,355	-6,460	-86,695	-87,879
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	-10,728,429	-7,694,240	51,552,175	4,449,505	6,946,189	9,095,409	2,973,924	644,458	112,259	633,489	4,404,189	-2,557,359	950,065	-5,712,035	21,347,324
Creditors	-76,551	213,163	-383,570	644,910	-784,680	665,242	-15,046	-44,589	-75,266	-83,476	11,415	-61,169	41,262	-29,235	534,680
Accruals and Deferred Income	3,650,142	2,975,293	-128,816	6,625,102	1,886,197	5,805,199	1,355,054	1,255,101	1,078,454	411,328	494,745	602,456	326,233	-92,580	7,682,800
Deferred Taxes & Provisions	-302,427	158,558	34,808	98,128	46,834	206,369	-7,350	-8,170	43,331	21,403	33,361	0	0	0	0
Cash flow from operations	24,458,461	19,908,705	-40,200,510	10,297,740	4,677,765	154,402	725,075	5,461,112	5,313,680	3,774,851	55,299	7,096,015	2,887,138	9,168,762	-9,661,894
Investing Activities
capital expenditure	-106,944	-1,586,334	-1,067,443	0	-1,412,600	-1,373,950	-335,207	-1,037,531	-3,831,264	-775,036	-584,354	-69,830	-84,142	-161,039	-645,111
Change in Investments	0	0	-5,975	0	2,315,987	0	0	555,600	-4,067,882	0	5,165	4,068,692	0	-1	441,595
cash flow from investments	-106,944	-1,586,334	-1,061,468	0	-3,728,587	-1,373,950	-335,207	-1,593,131	236,618	-775,036	-589,519	-4,138,522	-84,142	-161,038	-1,086,706
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	-24,805,263	-18,015,539	47,340,696	240,776	-1,450,840	1,272,300	833,065	-510	-899,490	900,000	0	0	0	-5,929,280	5,929,280
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	-8,503,316	8,503,316	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	2,271,332	-18,033,189	0	0	1,674,250	0	0	0	0	0	0	0	6,111,166
interest	16,991	-318	-779	-1,005	106	0	1,865	6,931	6,409	-877	9,926	8,057	3,489	7,504	-14,973
cash flow from financing	-24,788,272	-18,015,857	41,107,933	-9,290,102	-1,450,734	1,272,300	2,509,180	6,421	-893,081	899,123	9,926	8,057	3,489	-5,921,776	12,025,473
cash and cash equivalents
cash	-436,755	306,514	-154,045	-154,952	-501,556	52,752	95,448	1,259,402	818,455	102,679	-1,728,035	453,109	-3,355	470,629	814,473
overdraft	0	0	0	0	0	0	0	0	0	-1,296,259	1,296,259	-12,441	-409,840	-615,319	1,037,600
change in cash	-436,755	306,514	-154,045	-154,952	-501,556	52,752	95,448	1,259,402	818,455	1,398,938	-3,024,294	465,550	406,485	1,085,948	-223,127

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for mri software emea limited. Get real-time insights into mri software emea limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for mri software emea limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in EC2V area or any other competitors across 12 key performance metrics.

MRI SOFTWARE EMEA LIMITED group structure

Mri Software Emea Limited has 2 subsidiary companies.

Ultimate parent company

MRI INTERMEDIATE HOLDINGS LLC

#0084176

ESTATE COMPUTER SYSTEMS (HOLDINGS) LIMITED

02641815

2 parents

MRI SOFTWARE EMEA LIMITED

01656218

2 subsidiaries

MRI SOFTWARE 3 LIMITED

01975363

ENGAGE PROPERTY TECHNOLOGY LIMITED

10068137

MRI SOFTWARE EMEA LIMITED Shareholders

ecs (holdings) ltd

100%

Mri Software Emea Limited currently has 3 directors. The longest serving directors include Mr Patrick Ghilani (Oct 2017) and Mr John Ensign (Oct 2017).

officer	country	age	start	end	role
Mr Patrick Ghilani	United Kingdom	53 years	Oct 2017	-	Director
Mr John Ensign	United States	52 years	Oct 2017	-	Director
Mr Roman Telerman	United Kingdom	38 years	Oct 2017	-	Director

P&L

December 2023

turnover

43.6m

+13%

operating profit

11m

+25%

gross margin

97%

+4.09%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

44.5m

+0.26%

total assets

83.5m

-0.13%

cash

135.4k

-0.76%

net assets

Total assets minus all liabilities

Similar Companies

vermeg management limited

microstrategy limited

3.5

macro 4 limited

ixaris group holdings limited

appsense limited

4.5

company number

01656218

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

August 1982

ultimate parent company

MRI INTERMEDIATE HOLDINGS LLC

previous names

mri software 2 limited (November 2018)

qube global software limited (October 2018)

address

9 king street, london, EC2V 8EA

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 6 charges/mortgages relating to mri software emea limited. Currently there are 1 open charges and 5 have been satisfied in the past.

mri software emea limited Company Information

mri software emea limited Estimated Valuation

mri software emea limited Estimated Valuation

mri software emea limited Estimated Valuation

Mri Software Emea Limited Overview

Mri Software Emea Limited Health Check

MRI SOFTWARE EMEA LIMITED financials

mri software emea limited Credit Report and Business Information

Mri Software Emea Limited Competitor Analysis

mri software emea limited Ownership

mri software emea limited directors

mri software emea limited company details

mri software emea limited Charges & Mortgages

mri software emea limited Companies House Filings - See Documents