Maintel Holdings plc
Maintel Holdings Plc is a UK-based specialist managed services provider that uses technology to deliver customer experiences, services and workplaces for public and private sector organisations (typically 250-10,000 employees). It operates across three strategic pillars: Unified Communications & Collaboration, Customer Experience, and Security & Connectivity, serving key verticals including retail, financial services, public healthcare, local government/education, social housing and utilities. The group generates both recurring managed-service/subscription revenue and non-recurring project (hardware, software, professional services) revenue, and reports as a single operating segment.
FY2025 in sixty seconds
year to 31 Dec 2025 · approved 29 Jun 2026 · 141 pages · Companies House
Maintel Holdings Plc runs phone, video, contact-centre and network services for UK businesses and public bodies. In 2025 its revenue fell to £92.2m from £97.9m, and it moved from a pre-tax profit of £374k to a pre-tax loss of £2.3m.
The report blames falling income from older on-site phone systems as customers move to the cloud, a shift towards lower-margin services, higher staff costs and more spending on IT and marketing. One-off costs, including a provision to settle an employment tribunal claim and restructuring costs, added to the loss. Cost savings softened the blow.
Cash at the year end was £624k, down from £4.1m, against borrowings of £18.8m. No dividend was proposed. After the year end, in June 2026, the company raised approximately £5.5m from investors and agreed new bank loans with HSBC. Management reported a positive start to 2026 in sales bookings but warned of difficult market conditions. The auditor gave a clean opinion and raised no doubt about the company continuing in business, while the report flags a rising risk of breaching its banking conditions.
Security and connectivity services (SD-WAN, security, WAN/co-location)
Revenue grew 3.2% to £20.550m, driven by new SD-WAN/security contract wins and ongoing managed services revenue relating to a multi-year contract for a major housing association
page 48Transformation programme cost savings
Approximately £2.0m of annualised savings were realised through the transformation programme and other cost-saving initiatives in 2025, mitigating ~£1.5m of lower-revenue EBITDA impact
page 442025 was a year of transition and delivery; the Group delivered a resilient performance in line with revised market expectations, supported by a strong finish to the year in new business activity and a robust contracted order book.
page 43The Board has decided not to propose a final dividend for FY2025 (2024: nil pence per share), maintaining a prudent approach focused on de-leveraging and investing in growth; it remains the Board's intention to review returns to shareholders when economic conditions improve and financial performance permits
page 5011 years on one page · FY2015–FY2025
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GBP millions, negatives in brackets. Per-share lines in pence. Share counts in millions. Margins and returns as percentages, calculated from the filed figures. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated.
15 figures restated in a later report
Every figure is read again from the following year’s report: 382 confirmed, 16 differ, 15 restated.
No figure has been restated: every figure a later report printed again, it printed the same.
15 more figures were restated in FY2015 to FY2022, which a free account opens.