MINDTRACE LIMITED

Active Manchester

Other professional, scientific and technical activities n.e.c.

17 employees website.com
Software Other professional, scientific and technical activities n.e.c.
M

MINDTRACE LIMITED

Other professional, scientific and technical activities n.e.c.

Founded 23 Jan 2017 Active Manchester, England 17 employees website.com
Software Other professional, scientific and technical activities n.e.c.

Previous Company Names

NGISTIC LIMITED 23 Jan 2017 — 22 Sept 2017
Accounts Submitted 22 May 2026 Next due 30 Jun 2026 19 days remaining
Confirmation Submitted 31 Mar 2026 Next due 5 Feb 2027 7 months remaining
Net assets £-96K £1M 2024 year on year
Total assets £649K £834K 2024 year on year
Total Liabilities £745K £559K 2024 year on year
Charges 1
1 satisfied

Contact & Details

Contact

Registered Address

The Copper Room Deva City Office Park Trinity Way Manchester M3 7BG England

Telephone

0800 000 0000

Website

www.example.com

Full company profile for MINDTRACE LIMITED (10578025), an active software company based in Manchester, England. Incorporated 23 Jan 2017. Other professional, scientific and technical activities n.e.c.. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Oct → 30 Sept 2024
Type total-exemption-full
Next accounts 30 Sept 2025
Due by 30 Jun 2026 19 days remaining

Net Assets, Total Assets & Total Liabilities (2017–2024)

Cash in Bank

£15.27k

Decreased by £758.18k (-98%)

Net Assets

-£96.02k

Decreased by £1.39M (-107%)

Total Liabilities

£745.17k

Increased by £559.08k (+300%)

Turnover

N/A

Employees

17

Decreased by 8 (-32%)

Debt Ratio

115%

Increased by 102 (+785%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
30 Sept Year End
2023
30 Sept Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

Funding Rounds 3

Investors (6)

Investor NameInvestor SinceParticipating Rounds
Investor 1Nov 2017Series A, Seed
Investor 5Nov 2017Seed
Investor 6Nov 2017Seed

Share Capital

Share Capital

Share allotments and capital structure

7 Allotments 428,326 Shares £8.71m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
11 Feb 202521,965£500k£22.76
10 Oct 2024197,687£4.50m£22.76
25 May 20232,347£4k£1.86
2 Mar 202365,863£1.23m£18.61
31 Aug 2021492£9k£18.627

Officers

Officers

1 active 2 resigned
Status
Bloc Ventures Directors LtdCorporate-directorUnknownUnknown27 Jul 2021Active

Shareholders

Shareholders (19)

Npif Yhtv Equity Lp
15.0%
109,826
Npif Yhtv Equity Lp
12.8%
93,690

Persons with Significant Control

Persons with Significant Control (0)

0 Active 3 Ceased

Kameliya Dimova

Ceased 6 Nov 2017

Ceased

Michael James Denham

Ceased 6 Nov 2017

Ceased

Npif Yhtv Equity Lp

Ceased 10 Oct 2024

Ceased

Group Structure

Group Structure

No group structure identified

Charges

Charges

1 satisfied

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
22 May 2026AccountsAnnual accounts made up to 30 Sept 2025
31 Mar 2026Confirmation StatementConfirmation statement made on 22 Jan 2026 with updates
30 Jun 2025AccountsAnnual accounts made up to 30 Sept 2024
6 Apr 2025OfficersAppointment of Mercia Fund Management (Nominees) Limited as director on 1 Apr 2025
6 Apr 2025OfficersTermination of Ashwin Kumar Kumaraswamy as director on 31 Mar 2025
22 May 2026 Accounts

Annual accounts made up to 30 Sept 2025

31 Mar 2026 Confirmation Statement

Confirmation statement made on 22 Jan 2026 with updates

30 Jun 2025 Accounts

Annual accounts made up to 30 Sept 2024

6 Apr 2025 Officers

Appointment of Mercia Fund Management (Nominees) Limited as director on 1 Apr 2025

6 Apr 2025 Officers

Termination of Ashwin Kumar Kumaraswamy as director on 31 Mar 2025

Recent Activity

Latest Activity

Annual accounts made up to 30 Sept 2025

2 weeks ago on 22 May 2026

Confirmation statement made on 22 Jan 2026 with updates

2 months ago on 31 Mar 2026

Annual accounts made up to 30 Sept 2024

11 months ago on 30 Jun 2025

Appointment of Mercia Fund Management (Nominees) Limited as director on 1 Apr 2025

1 years ago on 6 Apr 2025

Termination of Ashwin Kumar Kumaraswamy as director on 31 Mar 2025

1 years ago on 6 Apr 2025