MSG Sandhurst Limited
Registered name: MSG SANDHURST LIMITED
Part of Bansols Beta Limited groupMSG Sandhurst Limited made £20.8m revenue and £2.2m profit in the year to 28 Dec 2025.
MSG Sandhurst Limited’s revenue fell 1% to £20.8m in the year to 28 Dec 2025, with £2.2m profit and 443 employees. The company is classified under “take-away food shops and mobile food stands” and is based in Banbury; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Banbury
- Age
- 32 yrs · since 1994
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 29 Dec 2023 | 28 Dec 2024 | 29 Dec 2024 | 28 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £21.5m | £21m | £21m | £20.8m |
| Cost of sales | −£16.3m | −£15.6m | −£15.6m | −£15.5m |
| Gross profit | £5.1m | £5.4m | £5.4m | £5.3m |
| Operating profit | £1.9m | £2.5m | £2.5m | £2.4m |
| Profit before tax | £2.6m | £3m | £3m | £2.8m |
| Profit after tax | £2.1m | £2.3m | £2.3m | £2.2m |
| Profit (best available) | £2.1m | £2.3m | £2.3m | £2.2m |
| Employees (average) | 498 | 455 | 455 | 443 |
| Ratios | ||||
| Profit margin | 9.6% | 10.8% | 10.8% | 10.4% |
| Gross margin | 24% | 25.6% | 25.6% | 25.5% |
| Revenue per employee | £43.1k | £46.1k | £46.1k | £47k |
| Profit per employee | £4.1k | £5k | £5k | £4.9k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼2.3% | — | ▼0.7% |
| Profit growth | — | ▲10.3% | — | ▼4.8% |
| Headcount growth | — | ▼8.6% | — | ▼2.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | — | — | — | — |
| Source | Accounts · bulk data Oct 2025 | Accounts · bulk data Sep 2026 | Accounts · bulk data Oct 2025 | Accounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 10.4%
- Profit ÷ revenue.
- Gross margin
- 25.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £47k
- Revenue ÷ average employees.
- Profit per employee
- £4.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼3%
- Now 443
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Bansols Beta Limitedultimate parent75–100%
- MSG Sandhurst Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- BGK Ventures LimitedFigures not disclosed
- Second State Pizza Company LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 28 Dec 2025 (profit £2.2m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 19 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.