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Company No. 13221250 · Incorporated 24 Feb 2021

MSL Property Care Services Holdings Limited

Registered name: MSL PROPERTY CARE SERVICES HOLDINGS LIMITED

Part of MSL Property Services Holdings Limited group

MSL Property Care Services Holdings Limited made £29.3m revenue and £2m profit in the year to 29 Feb 2024. read from filing text

MSL Property Care Services Holdings Limited’s revenue grew 2% to £29.3m in the year to 29 Feb 2024, with £2m profit and 83 employees. The company is classified under “activities of other holding companies” and is based in Halifax; we hold 3 years of its filed accounts.

Full P&L filedSection K · Financial and insurance activitiesSIC 64209Activities of other holding companies n.e.c.
Status
Active
Location
Halifax, Yorkshire and The Humber
Age
5 yrs · since 2021
Type
Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 29 Feb 2024

Key figures

Young and profitableOperating leverage
Revenue
£29.3m
Growth ▲1.6%
Profit
£2m
Growth ▲20.9%
Profit margin
6.8%
Gross 13.4%
Employees
83
Change 0%
Profit / employee
£24.1k
Revenue/employee £353k
Profitable streak
3yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to28 Feb 202228 Feb 202329 Feb 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£21.9m£28.8m£29.3m
Cost of sales£18.7m£25.2m£25.4m
Gross profit£3.3m£3.6m£3.9m
Operating profit£1.8m£2.1m£2.2m
Profit before tax£1.8m£2.1m£2.2m
Profit after tax£1.5m£1.7m£2m
Profit (best available)£1.5m£1.7m£2m
Employees (average)638383
Ratios
Profit margin6.7%5.7%6.8%
Gross margin14.9%12.4%13.4%
Revenue per employee£348k£347k£353k
Profit per employee£23.5k£19.9k£24.1k
Growth (year on year)
Revenue growth—▲31.3%▲1.6%
Profit growth—▲11.8%▲20.9%
Headcount growth—▲31.8%0%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Nov 2023Accounts · bulk data Nov 2023FullAccounts · bulk data Nov 2024
Derived from the latest filing

How the business works

Profit margin
6.8%
Profit ÷ revenue.
Gross margin
13.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£353k
Revenue ÷ average employees.
Profit per employee
£24.1k
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.
Indirect — not revenue

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
0%
Now 83
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. MSL Property Services Holdings Limitedultimate parent75–100%
  2. MSL Property Care Services Holdings Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (2)

From the Persons with Significant Control register (corporate controllers only).

Sources

Latest figures from FullAccounts for the year to 29 Feb 2024 (profit £2m), from the Companies House accounts bulk data published Nov 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.