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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-03-29 (in 10mo)

Last made up 2026-03-15

Watchouts

None on the register

Cash

£17M

+15.6% highest in 6 filed years

Net assets

£147M

+97.6% highest in 6 filed years

Employees

1,745

+20.8% highest in 6 filed years

Profit before tax

£20M

+312.5% vs 2023

Name history

Renamed 3 times since incorporation

  1. MRI SOFTWARE LIMITED 2010-01-15 → present
  2. INTUIT REAL ESTATE SOLUTIONS LIMITED 2003-09-12 → 2010-01-15
  3. MANAGEMENT REPORTS INTERNATIONAL LIMITED 1997-05-08 → 2003-09-12
  4. DAWNCOURSE LIMITED 1997-03-27 → 1997-05-08

Accounts

10-year trend · latest reflected 2024-12-31

Metric Trend 2019-01-012019-12-312020-01-012020-12-312021-01-012021-12-312022-01-012022-12-312023-12-312024-12-31
Turnover £150,272,000£177,834,000
Operating profit £4,738,000£22,628,000
Profit before tax £4,850,000£20,008,000
Net profit -£100,594£2,242,526£17,309,000£1,561,000-£34,000£9,252,000
Cash £304,167£8,210,572£7,611,000£8,386,000£15,091,000£17,443,000
Total assets less current liabilities £121,875,657£294,220,398£288,384,000£311,780,000£189,375,000£398,943,000
Net assets £61,401,686£82,155,000£108,264,000£74,596,000£147,433,000
Equity £14,712,447£14,703,316£14,703,316£61,401,686£61,402,000£82,155,000£82,155,000£108,264,000£74,596,000£147,433,000
Average employees 314253571,4451,745
Wages £64,299,000£67,792,000

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2019-01-012019-12-312020-01-012020-12-312021-01-012021-12-312022-01-012022-12-312023-12-312024-12-31
Operating margin 3.2%12.7%
Net margin -0.0%5.2%
Return on capital employed 2.5%5.7%
Gearing (liabilities / total assets) 83.7%80.1%
Current ratio 0.52x0.65x
Interest cover 296.13x8.04x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
Barnes Roffe Audit Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

  1. MRI SOFTWARE LIMITED · parent
    1. Real Asset Management Limited 100% · UK · design, production, marketing and sale of computer software and licences
    2. Real Asset Management International Inc. 100% · US · design, production, marketing and sale of computer software and licences
    3. Real Asset Management Software PTY Ltd 100% · Australia · design, production, marketing and sale of computer software and licences
    4. MRI Software EMEA Limited 100% · UK · design, production, marketing and sale of computer software and licences
    5. MRI Software 3 Limited 100% · UK · design, production, marketing and sale of computer software and licences
    6. John Stephen Consultancy Limited 100% · UK · design, production, marketing and sale of computer software and licences
    7. Cyclops Software Limited 100% · UK · design, production, marketing and sale of computer software and licences
    8. CML Software Limited 100% · UK · design, production, marketing and sale of computer software and licences
    9. Engage Property Technology Limited 100% · UK · design, production, marketing and sale of computer software and licences
    10. Leverton UK Holding Limited 100% · UK · intermediate holding company
    11. Leverton Servicing UK Limited 100% · UK · design, production, marketing and sale of computer software and licences
    12. Orchard Information Systems Limited 100% · UK · design, production, marketing and sale of computer software and licences
    13. In4Systems Limited 100% · UK · design, production, marketing and sale of computer software and licences
    14. MRI Software Ireland Limited 100% · Ireland · design, production, marketing and sale of computer software and licences
    15. Castleton Technology Limited 100% · UK · intermediate holding company
    16. Castleton Technologies Limited 100% · UK · design, production, marketing and sale of computer software and licences
    17. Castleton Technology Pty Limited 100% · Australia · design, production, marketing and sale of computer software and licences
    18. MRI Software India Private Limited 100% · India · design, production, marketing and sale of computer software and licences
    19. VA Holdco Limited 100% · UK · intermediate holding company
    20. Housing Partners Limited 100% · UK · design, production, marketing and sale of computer software and licences
    21. eSight Energy Group Limited 100% · UK · intermediate holding company
    22. eSight Energy Limited 100% · UK · design, production, marketing and sale of computer software and licences
    23. eSight Energy Inc 100% · US · design, production, marketing and sale of computer software and licences
    24. FSI Global Limited 100% · UK · intermediate holding company
    25. FSI (FM Solutions) Limited 100% · UK · design, production, marketing and sale of computer software and licences
    26. FSI (FM Solutions) Middle East FZ LLC 100% · Dubai · design, production, marketing and sale of computer software and licences
    27. FSI (FM Solutions) APAC Pty Ltd 100% · Australia · design, production, marketing and sale of computer software and licences
    28. MRI Community Software Limited 100% · UK · design, production, marketing and sale of computer software and licences
    29. Springboard Research Holdings Limited 100% · UK · intermediate holding company
    30. Springboard Research Limited 100% · UK · design, production, marketing and sale of computer software and licences
    31. Ilnterchange Systems LLC - FX 100% · Dubai · intermediate holding company
    32. Ilnterchange Systems Pty Ltd 100% · India · design, production, marketing and sale of computer software and licences
    33. Castleton Managed Services Limited 100% · UK · dormant
    34. FSI (FM Solutions) AD Limited 100% · Abu Dhabi · dormant
    35. MRI Software EMEA Limited 100% · Australia · dormant
    36. MRI Software EMEA Limited 100% · New Zealand · dormant

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

2 active · 25 resigned

Name Role Appointed Born Nationality
ENSIGN, John Adler Director 2017-03-10 May 1972 American
GHILANI, Patrick Joseph, Mr. Director 2014-06-01 Jan 1971 American
Show 25 resigned officers
Name Role Appointed Resigned
COLES, Virginia Secretary 2002-07-30 2003-09-23
COZZENS, Tyler Secretary 2006-05-30 2010-01-15
GRISWOLD, James B Secretary 1997-04-08 2002-07-30
MARSH, Robert Charles Secretary 2004-06-30 2006-05-30
MARSH, Robert Charles Secretary 2002-08-01 2003-11-14
ROSELLI III, William Lawrence Secretary 2010-01-15 2015-09-01
VANTUSKO, Michael Joseph Secretary 2015-09-01 2017-03-10
WOLF, Janelle M Secretary 2003-09-24 2004-06-30
SWIFT INCORPORATIONS LIMITED Corporate Nominee Secretary 1997-03-27 1997-04-08
BALLOU, Robert Director 2004-03-01 2006-05-30
CAMPAGNA, John Peter Director 2004-06-30 2006-05-30
COZZENS, Tyler Director 2006-05-30 2007-05-21
CRICHLOW, Robert Director 1997-04-08 2003-05-12
HANK, Jeffrey P. Director 2006-05-30 2010-01-15
LAIDLAW, Jeanette Director 2006-05-30 2007-06-11
LASSER, Robert Director 1997-04-08 2004-03-01
MARSH, Robert Charles Director 2003-05-11 2006-05-30
POST, David Director 2010-01-15 2014-06-01
ROSELLI III, William Lawrence Director 2010-01-15 2015-09-01
STERN, Raymond Gordon Director 2003-05-12 2004-06-30
SULLIVAN, Lisa Director 2007-06-11 2010-01-15
TELERMAN, Roman Director 2017-03-10 2025-11-10
THOMPSON, Jeffrey Director 2006-05-30 2010-01-15
VANTUSKO, Michael Joseph Director 2015-09-01 2017-03-10
INSTANT COMPANIES LIMITED Corporate Nominee Director 1997-03-27 1997-04-08

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mri Software Llc Corporate entity Shares 75–100% 2016-04-06 Active

Filing timeline

Last 20 of 149 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-01-31 RESOLUTIONS Resolution
  • 2025-01-31 MA Memorandum articles
  • 2024-11-19 RESOLUTIONS Resolution
Date Type Category Description
2026-03-25 CH01 officers Change person director company with change date PDF
2026-03-16 CS01 confirmation-statement Confirmation statement with updates PDF
2026-02-25 CH01 officers Change person director company with change date PDF
2025-12-03 TM01 officers Termination director company with name termination date PDF
2025-10-04 AA accounts Accounts with accounts type group
2025-03-19 CS01 confirmation-statement Confirmation statement with updates PDF
2025-01-31 RESOLUTIONS resolution Resolution
2025-01-31 MA incorporation Memorandum articles
2025-01-27 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-12-20 SH01 capital Capital allotment shares PDF
2024-11-19 RESOLUTIONS resolution Resolution
2024-09-27 AA accounts Accounts with accounts type group PDF
2024-03-18 CS01 confirmation-statement Confirmation statement with updates PDF
2023-09-29 AA accounts Accounts with accounts type group PDF
2023-03-21 CS01 confirmation-statement Confirmation statement with updates PDF
2022-09-29 AA accounts Accounts with accounts type group PDF
2022-03-15 CS01 confirmation-statement Confirmation statement with updates PDF
2021-09-30 AA accounts Accounts with accounts type group PDF
2021-03-15 CS01 confirmation-statement Confirmation statement with updates PDF
2020-10-13 AA accounts Accounts with accounts type group

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

last 12 months

Capital events
1

last 24 months

Officers appointed
0

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers

Official Companies House page