Website & contact details
- Website
Mifinity UK Limited
- Incorporated
- 14 February 2012 (14 years)
- Previously known as
- Nxsystems Ltd (until 24 May 2016)
- Industry
- Activities auxiliary to financial intermediation n.e.c. (66190)
- Directors
- Paul James KavanaghKieron John Nolan
- Owned by
- Paul James KavanaghKieron John Nolan
- Accounts type
- Full
- Region
- Northern Ireland
- Address
- Suite B 6th FloorCity Exchange11-13 Gloucester StreetBelfastBT1 4LS
Filing status
- Accounts due
- 30 September 2027
- Last accounts
- 31 December 2025
- Conf. stmt due
- 27 February 2027
- Last conf. stmt
- 13 February 2026
Officers 2 active
Officer details are public data from the Companies House register.
Kavanagh, Paul James
Director · Appointed 9 February 2017
Irish
Born December 1960 (65)
Nolan, Kieron John
Director · Appointed 9 February 2017
Irish
Born May 1968 (58)
Officer history (4 former)
9 February 2017
Appointed Kavanagh, Paul James as Director
9 February 2017
Appointed Nolan, Kieron John as Director
9 February 2017
Resigned Shirey, John as Director
17 May 2016
Resigned Busher, Mike as Director
30 April 2016
Resigned Hamilton, Mary Gay as Director
1 March 2016
Appointed Shirey, John as Director
25 September 2015
Appointed Hamilton, Mary Gay as Director
31 December 2014
Resigned Rickerby, Quent John as Director
29 November 2012
Appointed Rickerby, Quent John as Director
14 February 2012
Appointed Busher, Mike as Director
Ownership 2 active
People and entities with significant control, from the Companies House PSC register
Paul James Kavanagh
Individual · Notified 6 February 2017
Owns 25–50% of shares
Irish
Born December 1960 (65)
Kieron John Nolan
Individual · Notified 6 February 2017
Owns 25–50% of shares
Irish
Born May 1968 (58)
Former controllers (1)
6 February 2017
Ceased Mike Busher — Owns 75–100% of shares
Financials
Figures from 2023 accounts. Newer accounts, made up to 31 December 2025, are filed but not read yet. See them on Companies House
- Net Assets
- £4,189,285
- Cash
- £8,501,134
- Turnover
- £10,803,001
- Profit Before Tax
- £2,109,639
- Employees
- 9
- Debt Ratio
- 82%
- Current Ratio
- 1.2x
- Profit Margin
- 20%
- Return on Equity
- 50%
Trend
Turnover
Balance sheet detail
| 2023 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|
| Fixed Assets | £424 | £402 | £484 | £1,233 |
| Current Assets | £23,234,529 | £9,253,672 | £7,211,967 | £11,369,843 |
| Debtors | £14,733,395 | £5,257,691 | £2,704,400 | £2,043,801 |
| Cash | £8,501,134 | £3,995,981 | £4,507,567 | £9,326,042 |
| Creditors (< 1 year) | £19,045,668 | £6,525,116 | £3,979,134 | £7,631,907 |
| Creditors (> 1 year) | £0 | £0 | ||
| Net Current Assets | £4,188,861 | £2,728,556 | £3,232,833 | £3,737,936 |
| Net Assets | £4,189,285 | £2,728,958 | £3,233,317 | £3,739,169 |
| Shareholder Funds | £4,189,285 | £2,728,958 | £3,233,317 | £3,739,169 |
| Turnover | £10,803,001 | £1,808,021 | £2,346,745 | |
| Cost of Sales | £7,629,566 | £2,223,015 | £3,132,880 | |
| Gross Profit | £3,173,435 | (£414,994) | (£786,135) | |
| Admin Expenses | £1,063,796 | £240,073 | £326,510 | |
| Operating Profit | £2,109,639 | (£655,067) | (£1,112,645) | |
| Profit Before Tax | £2,109,639 | (£655,067) | (£1,112,645) | |
| Tax | £0 | £362,600 | £389,197 | |
| Profit for Period | £2,109,639 | (£292,467) | (£723,448) | |
Filings 50
| Date | Description | Made Up To | Pages | |
|---|---|---|---|---|
| 1 October 2026 | Full accounts | 31 December 2025 | ||
| 18 February 2026 | Confirmation statement with no updates | 13 February 2026 | ||
| 19 January 2026 | Registered office address changed | |||
| 10 October 2025 | Full accounts | 31 December 2024 | ||
| 14 February 2025 | Confirmation statement with no updates | 14 February 2025 |
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