MITEL EUROPE LIMITED

Active
Company number 09059484Private limited companyIncorporated 2014

Key figures

£140,956,000-65.3%
Net assets 2024
-65.3%
Average annual change 2023–2024
0200 m400 m600 m20232024

† MITEL EUROPE 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 26309

Where the company stands among the 376 active companies whose first SIC code is 26309 (Manufacture of communication equipment other than telegraph, and telephone apparatus and equipment).

Turnover£7,511,000
Lower than 65% · median £14,296,036 among 35 that publish turnover
Net assets£140,956,000
Higher than 97% · median £105,995
Total assets£207,806,000
Higher than 97% · median £328,191
Cash£2,985,000
Higher than 88% · median £133,000
Employees684
Higher than 99% · median 2
Company age12.5 years
Older than 52% · median 11.6 years

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 376. The line on each bar marks the median.

Summary: MITEL EUROPE LIMITED

What kind of company is it?

MITEL EUROPE LIMITED is a private limited company registered with Companies House under company number 09059484. It was incorporated on 28 May 2014. Its status is active. The registered office is in London (EC2M). Its nature of business (SIC 2007) is manufacture of communication equipment other than telegraph, and telephone apparatus and equipment (26309).

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 £7,511,000. Net assets were £140,956,000, down 65.3% on the previous year. Cash at bank and in hand was £2,985,000. Total assets were £207,806,000 and total liabilities £66,850,000. The company had an average of 684 employees. Figures are available for 2 financial years (2023–2024).

How does it compare with similar companies?

Compared with 376 active companies whose first SIC code is 26309: By turnover it ranks lower than 65% of the 35 that publish turnover (median £14,296,036). By net assets it ranks higher than 97% of them (median £105,995). By total assets it ranks higher than 97% of them (median £328,191). By cash it ranks higher than 88% of them (median £133,000). By number of employees it ranks higher than 99% of them (median 2). It is older than 52% of them (median age 11.6 years).

Who runs and controls the company?

One person with significant control is registered. 4 of 15 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 11 Jun 2027.

Filed accounts2023–2024
2023 †2024 †
Turnover6,941,0007,511,000
Cash at bank and in hand2,769,0002,985,000
Total assets—207,806,000
Total liabilities15,854,00066,850,000
Net assets / total equity406,619,000140,956,000
Average number of employees822684

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.

History

6 events
  1. Financial year 2024 endedAccounts: turnover £7.5m, net assets £141m, 684 employees
  2. Financial year 2023 endedAccounts: turnover £6.9m, net assets £406.6m, 822 employees
  3. Mitel Networks (International) Limited registered as a person with significant control
  4. Mln Acquisitionco Ulc ceased to be a person with significant control
  5. Mln Acquisitionco Ulc registered as a person with significant control
  6. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.