MITEL NETWORKS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-07 (in 7mo)
Last made up 2025-11-23
Watchouts
None on the register
Cash
£4M
+34.1% vs 2023
Net assets
-£156M
-245.5% vs 2023
Employees
236
-8.2% vs 2023
Profit before tax
-£255M
-2,228.4% vs 2023
Net assets
2-year trend · vs Telecommunications median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £92,439,000 | £76,134,000 | |
| Operating profit | -£2,889,000 | £2,236,000 | |
| Profit before tax | £12,003,000 | -£255,472,000 | |
| Net profit | £10,359,000 | -£258,491,000 | |
| Cash | £3,242,000 | £4,349,000 | |
| Total assets less current liabilities | £112,094,000 | -£151,926,000 | |
| Net assets | £107,401,000 | -£156,296,000 | |
| Equity | £107,401,000 | -£156,296,000 | |
| Average employees | 257 | 236 | |
| Wages | £14,552,000 | £13,340,000 | |
| Directors' remuneration | — | — |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-17.6%
£92,439,000 £76,134,000
-
Cash
+34.1%
£3,242,000 £4,349,000
-
Net assets
-245.5%
£107,401,000 -£156,296,000
-
Employees
-8.2%
257 236
-
Operating profit
+177.4%
-£2,889,000 £2,236,000
-
Profit before tax
-2,228.4%
£12,003,000 -£255,472,000
-
Wages
-8.3%
£14,552,000 £13,340,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -3.1% | 2.9% | |
| Net margin | 11.2% | -339.5% | |
| Return on capital employed | -2.6% | -1.5% | |
| Current ratio | 0.24x | 0.19x | |
| Interest cover | -412.71x | 24.57x |
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.
Name history
Renamed 1 time since incorporation
- MITEL NETWORKS LIMITED 2001-03-09 → present
- MITEL TELECOM LIMITED 1977-04-21 → 2001-03-09
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the directors have a reasonable expectation that the parent's going concern assessment confirms that there is sufficient forecast committed liquidity headroom for the parent to provide this support and the Company will therefore have adequate resources to continue in operational existence for at least twelve months from the date of approval of the financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 30 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HISCOCK, Gregory James | Secretary | 2017-06-16 | — | — |
| EVANS, Craig Justin | Director | 2019-06-19 | Feb 1972 | British |
| HISCOCK, Gregory James | Director | 2008-07-07 | Apr 1967 | Canadian |
Show 30 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHILCOTT, Jenifer Anne | Secretary | 2003-02-07 | 2003-10-01 |
| CRANE, Christopher Mark | Secretary | 2003-10-31 | 2006-11-01 |
| EVANS, James Andrew | Secretary | 2006-11-01 | 2017-06-16 |
| EVERSON-DAVIS, Anthony Berkeley | Secretary | — | 1996-07-09 |
| FOSTER, Annette Claire | Secretary | 2003-02-07 | 2003-10-31 |
| JONES, Alan David | Secretary | 1996-07-09 | 2002-12-13 |
| JONES, Sarah | Secretary | 1993-10-20 | 1994-08-26 |
| LEWIS, Barbara Lesley | Secretary | 1994-09-23 | 2001-12-10 |
| ADDERLEY, David Marc | Director | 2001-02-16 | 2001-02-16 |
| BEVINGTON, Graham | Director | 2001-02-16 | 2016-02-08 |
| BEVINGTON, Graham | Director | 2000-01-05 | 2001-02-16 |
| BUTCHER, Paul Andrew | Director | 2001-02-16 | 2001-02-16 |
| BUTCHER, Paul Andrew | Director | 1994-01-13 | 2011-04-30 |
| CARRIER, Jean Jacques | Director | 1998-03-25 | 2001-02-16 |
| CHILCOTT, Jenifer Anne | Director | 2003-02-07 | 2003-10-01 |
| DAVIS, Stephen Godfrey Morgan | Director | 2001-10-12 | 2005-09-05 |
| DAWES, Kay | Director | 2001-02-16 | 2008-06-11 |
| EVERSON-DAVIS, Anthony Berkeley | Director | — | 1996-02-27 |
| FORD, Michael Anthony | Director | 2001-02-16 | 2006-11-01 |
| FORD, Michael Anthony | Director | 2000-04-26 | 2001-02-16 |
| GODIN, Stephane | Director | 2003-02-07 | 2003-06-20 |
| HODGETTS, Richard Eric | Director | 2017-12-01 | 2024-04-24 |
| JONES, Alan David | Director | 2001-02-16 | 2002-12-13 |
| JONES, Alan David | Director | 1995-01-06 | 2001-02-16 |
| KIRKHAM, Alan | Director | 1994-01-13 | 1997-06-25 |
| PHILPOTT, Nicholas | Director | 2001-09-18 | 2002-12-13 |
| SKELLON, Simon | Director | 2016-02-08 | 2017-08-31 |
| SPOONER, Steven Edward | Director | 2003-06-20 | 2019-06-19 |
| TOMASZEWSKI, Clifford Francis | Director | 1997-06-25 | 1998-04-24 |
| WEBB, Paul Andrew | Director | — | 1995-01-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mitel Networks Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 255 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-12-23 MA Memorandum articles
- 2022-12-23 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-06 | AA | accounts | Accounts with accounts type full | |
| 2025-12-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-16 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-06-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-06-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-06-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-06-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-16 | AA | accounts | Accounts with accounts type full | |
| 2024-12-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-02 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-07-11 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-06-19 | MR04 | mortgage | Mortgage satisfy charge part | |
| 2024-06-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-05-21 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-20 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-11-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-21 | CH01 | officers | Change person director company with change date | |
| 2023-10-07 | AA | accounts | Accounts with accounts type full | |
| 2022-12-23 | MA | incorporation | Memorandum articles | |
| 2022-12-23 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.