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At close · Mon, Jul 27, 2026
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HomeUS MarketsM&A & DealsMTC UK faces revenue slump after Manston security cont…

MTC UK faces revenue slump after Manston security contract ends

The contract ended in September 2025, pushing MTC UK into a £1.6m loss in 2025 versus a £1.3m profit in 2024, before it won a new small boats processing contract that is initially worth £462m.

Management & Training Corporation (MTC) UK said its UK revenue fell after its contract to provide security and care at the Manston centre in Kent ended in September 2025, according to Companies House filings reported by the Guardian Business. The company said sales dropped from £28.4m to £17.6m in 2025 and that the cessation of the Manston contract contributed to a £1.6m loss for MTC UK, compared with a £1.3m profit in 2024.

A public inquiry previously described the Manston site as overcrowded, squalid, and insanitary during the period from June to November 2022, when MTC took over services for the Home Office. Despite the loss, the filings show MTC Definitive, a joint venture with MTC UK as the majority owner, won a contract in May to process people arriving on small boats, covering stages from disembarkation through to dispersal.

The Irregular Migration Management Services contract, which runs for six years, includes two sites, Manston and the Western Jet Foil site in Dover, with the possibility of a further four-year extension. The Guardian Business said the new contract is initially worth £462m, potentially rising to £539m if extended to 10 years.

The report also noted that MTC UK’s highest-paid director received £211,000 in remuneration during 2025, up 5%. The company is owned by an American parent based in Utah that operates prisons and job training centres in the US, including detention centres used by Immigration and Customs Enforcement, according to the outlet.

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