MITEL NETWORKS LIMITED

Active
Company number 01309629Private limited companyIncorporated 1977

Key figures

−£156,296,000-245.5%
Net assets 2024
-200 m-100 m0100 m200 m20232024

† MITEL NETWORKS LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2024

Sector comparison

SIC 61900

Where the company stands among the 8,492 active companies whose first SIC code is 61900 (Other telecommunications activities).

Turnover£76,134,000
Higher than 86% · median £8,193,961 among 353 that publish turnover
Net assets−£156,296,000
Lower than 99% · median £12,194
Total assets£35,902,000
Higher than 96% · median £56,954
Cash£4,349,000
Higher than 96% · median £32,628
Employees236
Higher than 99% · median 1
Company age49.6 years
Older than 99% · median 9.1 years
Largest in this sector by net assets
  1. BRITISH TELECOMMUNICATIONS LIMITED£25bn
  2. BT GROUP PLC£12.6bn
  3. EE LIMITED£9.3bn
  4. TELEFONICA O2 HOLDINGS LIMITED£7.2bn
  5. CITYFIBRE HOLDCO LIMITED£3.1bn
  6. CABLE & WIRELESS WORLDWIDE LIMITED£1.8bn
  7. VODAFONETHREE HOLDINGS LIMITED£1.5bn
  8. COLT TELECOM FINANCE SWEDEN£1.2bn
  9. CITYFIBRE INFRASTRUCTURE HOLDINGS LIMITED£1bn
  10. TELTHOLD LIMITED£568.2m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 8,492. The line on each bar marks the median.

Summary: MITEL NETWORKS LIMITED

What kind of company is it?

MITEL NETWORKS LIMITED is a private limited company registered with Companies House under company number 01309629. It was incorporated on 21 Apr 1977. Its status is active. The registered office is in London (EC2M). Its nature of business (SIC 2007) is other telecommunications activities (61900).

How is the company doing financially?

The latest accounts in the database are for 2024 (period ending 31 Dec 2024); the company files full accounts. Turnover was £76,134,000. Loss for the year was £258,491,000. Net assets were −£156,296,000, down 245.5% on the previous year. Cash at bank and in hand was £4,349,000. Total assets were £35,902,000 and total liabilities £191,396,000. The company had an average of 236 employees. Figures are available for 2 financial years (2023–2024).

How does it compare with similar companies?

Compared with 8,492 active companies whose first SIC code is 61900: By turnover it ranks higher than 86% of the 353 that publish turnover (median £8,193,961). By net assets it ranks lower than 99% of them (median £12,194). By total assets it ranks higher than 96% of them (median £56,954). By cash it ranks higher than 96% of them (median £32,628). By number of employees it ranks higher than 99% of them (median 1). It is older than 99% of them (median age 9.1 years).

Does it supply the public sector?

The company is named as a supplier in 9 public contract award notices from 8 public sector buyers since 2018. Contracts awarded to it alone have a combined published value of £8.5m. Its most frequent buyer is Shropshire Healthcare Procurement Service (2 contracts). 1 of the awards is shared with other suppliers, typically framework agreements.

What do public registers and reports show?

HMRC lists it as an importer of goods, mainly electrical equipment, machinery, paper and paperboard. HMRC lists it as an exporter of goods, mainly electrical equipment, machinery, plastics. Its gender pay gap report for 2025/26 shows median hourly pay for women 32% lower than for men. It has modern slavery statements on the government registry for 5 years.

Who runs and controls the company?

One person with significant control is registered. 5 of 34 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 7 Dec 2026.

Filed accounts2023–2024
2023 †2024 †
Turnover92,439,00076,134,000
Profit for the year10,359,000-258,491,000
Cash at bank and in hand3,242,0004,349,000
Total assets305,850,00035,902,000
Total liabilities197,578,000191,396,000
Net assets / total equity107,401,000-156,296,000
Average number of employees257236

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Public contracts

9 contracts

MITEL NETWORKS LIMITED is named as a supplier in 9 public contract award notices from 8 public sector buyers since 2018. The 8 contracts awarded to it alone with a published value add up to £8.5m. 1 award is shared with other suppliers and not counted in that total.

Contracts per year
Main buyers8
Shropshire Healthcare Procurement Service
2 contracts · £241.5k
Foreign Commonwealth and Development Office
1 contract · £7.4m
Partners Procurement Service (PPS)
1 contract · £428.8k
National Highways
1 contract · £218.6k
Ashford Borough Council
1 contract · £90.9k
Contracts
  1. CA17694 - MAINT6762 - ROYAL FREE LONDON NHSFT - Mitel Networks unified comms system maintenance contract - 3 years - Maintenance support including core OSV mon…‡Partners Procurement Service (PPS) · £428,798 · runs until Mar 2029
  2. Telephony solution.‡CAMBRIDGE UNIVERSITY HOSPITALS NHS FOUNDATION TRUST · £32,609 · runs until Jan 2027
  3. Operational Telephony‡National Highways · £218,622 · runs until Jul 2027
  4. Network ServicesAshford Borough Council · £90,945 · runs until Jul 2027
  5. Provision of Specialist Telephony Training‡DVLA - Driver & Vehicle Licensing Agency · £56,400
Show 4 more
  1. TELEPHONY SERVICESForeign Commonwealth and Development Office · £7,400,000
  2. RA300243 - Network Services2 RM3808 Lot 5 IP Telephony‡Shropshire Healthcare Procurement Service · £204,950
  3. Network Services 2 (Lots 5, 10 & 13)Crown Commercial Service · shared by 13 suppliers, up to £5,000,000,000 in total
  4. RA234155 - Telephony Maintenance - Phone Systems & Software‡Shropshire Healthcare Procurement Service · £36,500

From contract award notices on Contracts Finder (since 2016) and Find a Tender (since 2021), published by the Cabinet Office under the Open Government Licence v3.0. Values are as published by the buyer and usually cover the whole contract term; the total leaves out awards shared between several suppliers, where the published figure is a ceiling for all of them, placeholder values and single figures of £1 billion or more. Notices marked ‡ do not state a company number and were linked by an exact match on the registered name. Contracts below the publication thresholds and those of devolved buyers that publish elsewhere are not included.

Statutory reporting

Gender pay gap2025/26
Median hourly pay
women 32% lower
Mean hourly pay
women 25% lower
Median bonus pay
women 39% lower
Employer size
250 to 499 employees
Lower pay quarter57% womenLower middle20% womenUpper middle17% womenUpper pay quarter19% women
Earlier years (6)
Year
Median hourly pay
Mean hourly pay
2023/24
women 26% lower
women 30% lower
2022/23
women 32% lower
women 29% lower
2021/22
women 28% lower
women 17% lower
2020/21
women 27% lower
women 21% lower
2018/19
women 24% lower
women 16% lower
2017/18
women 37% lower
women 23.8% lower

A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service

Modern slavery statements5
2026
Statement · summary on GOV.UK
2025
Statement · summary on GOV.UK
2024
Statement · summary on GOV.UK
Earlier years (2)
2022
Statement · summary on GOV.UK
2021
Statement · summary on GOV.UK

Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.

Registers and licences

International trade‡

Listed by HMRC as an importer of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: electrical equipment, machinery, paper and paperboard and plastics.

Listed by HMRC as an exporter of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: electrical equipment, machinery, plastics, paper and paperboard and iron and steel articles.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

4 events
  1. Financial year 2024 endedAccounts: turnover £76.1m, net assets −£156.3m, 236 employees
  2. Financial year 2023 endedAccounts: turnover £92.4m, net assets £107.4m, 257 employees
  3. Mitel Networks Holdings Limited registered as a person with significant control
  4. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.