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Company No. 02717800 · Incorporated 20 May 1992

Muse Places Limited

Registered name: MUSE PLACES LIMITED

Part of Morgan Sindall Group PLC group

Muse Places Limited made £51.6m revenue and a £1m loss in the year to 31 Dec 2025.

Muse Places Limited’s revenue fell 43% to £51.6m in the year to 31 Dec 2025, with a loss of £1m and 119 employees. The company is classified under “other service activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection S · Other service activitiesSIC 96090Other service activities n.e.c.
Status
Active
Location
London, London
Age
34 yrs · since 1992
Type
Private Limited Company

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 31 Dec 2025

Key figures

Revenue
£51.6m
Growth ▼43%
Profit
−£1m
Growth ▼112.7%
Profit margin
−2%
Gross 31.3%
Employees
119
Change ▲10.2%
Profit / employee
−£8.8k
Revenue/employee £433k
Profitable streak
0yrs
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 to31 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£185m£90.5m£51.6m
Cost of sales−£155m−£64.5m−£35.5m
Gross profit£30.7m£25.9m£16.1m
Operating profit£28.5m£7.4m−£4.7m
Profit before tax£28.5m£9.2m−£4.4m
Profit after tax£26.1m£8.2m−£1m
Profit (best available)£26.1m£8.2m−£1m
Employees (average)100108119
Ratios
Profit margin14.1%9.1%−2%
Gross margin16.6%28.7%31.3%
Revenue per employee£1.9m£838k£433k
Profit per employee£261k£76.1k−£8.8k
Growth (year on year)
Revenue growth—▼51.2%▼43%
Profit growth—▼68.5%▼112.7%
Headcount growth—▲8%▲10.2%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Jun 2025Accounts · bulk data Jun 2025Accounts · bulk data Jun 2026
Derived from the latest filing

How the business works

Profit margin
−2%
Profit ÷ revenue.
Gross margin
31.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£433k
Revenue ÷ average employees.
Profit per employee
−£8.8k
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
▲10%
Now 119
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Morgan Sindall Group PLCultimate parent75–100%
  2. Muse Places Limitedthis company

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

Subsidiaries (27)

Sister companies (24)

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2025 (profit −£1m), from the Companies House accounts bulk data published Jun 2026. 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.