McBains Ltd
Registered name: MCBAINS LTD
Part of RSBG Investment Holding Limited groupMcBains Ltd made £22.3m revenue and £68.9k profit in the year to 31 Dec 2025. read from filing text
McBains Ltd’s revenue fell 18% to £22.3m in the year to 31 Dec 2025, with £68.9k profit and 193 employees. The company is classified under “activities of head offices” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 31 yrs · since 1995
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £27.1m | £30.1m | £27.2m | £22.3m |
| Cost of sales | £18.6m | £20.9m | £17.6m | £16m |
| Gross profit | £8.5m | £9.2m | £9.5m | £6.3m |
| Operating profit | £3m | £3.1m | £2.9m | £14.8k |
| Profit before tax | £3m | £3.1m | £2.9m | £79.2k |
| Profit after tax | £2.8m | £2.3m | £2.6m | £68.9k |
| Profit (best available) | £2.8m | £2.3m | £2.6m | £68.9k |
| Staff costs | £13.6m | £15.9m | £16.7m | £14.8m |
| Employees (average) | 187 | 212 | 221 | 193 |
| Ratios | ||||
| Profit margin | 10.2% | 7.6% | 9.7% | 0.3% |
| Gross margin | 31.5% | 30.6% | 35% | 28.2% |
| Revenue per employee | £145k | £142k | £123k | £115k |
| Profit per employee | £14.8k | £10.8k | £11.9k | £357 |
| Growth (year on year) | ||||
| Revenue growth | — | ▲11.3% | ▼9.9% | ▼18% |
| Profit growth | — | ▼17.2% | ▲14.8% | ▼97.4% |
| Headcount growth | — | ▲13.4% | ▲4.3% | ▼12.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £771k | £1.4m | £1.5m | £1.2m |
| Net assets | £5.6m | £5.3m | £5.9m | £4.7m |
| Fixed assets | £303k | £260k | £209k | £118k |
| Current assets | £12.7m | £12.8m | £12.5m | £10.1m |
| Debtors | £6.7m | £5.9m | £4.2m | £3.9m |
| Deferred income | £2.1m | £2.2m | £1.8m | £1.4m |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 0.3%
- Profit ÷ revenue.
- Gross margin
- 28.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £115k
- Revenue ÷ average employees.
- Profit per employee
- £357
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 6.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.4%
- 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
- ▼19%
- Now £4.7m
- Cash at bank
- ▼22%
- Now £1.2m
- Headcount
- ▼13%
- Now 193
- Deferred income
- ▼24%
- Now £1.4m
- Fixed assets
- ▼44%
- Now £118k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- RSBG Investment Holding Limitedultimate parent75–100%
- RSBG UK Ltd75–100%
- MBC Group Limited75–100%
- McBains Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- The BCS Consulting Group LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £68.9k), from the Companies House accounts bulk data published Aug 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.