Morson Group Limited
Registered name: MORSON GROUP LIMITED
Part of Mercury Holdco I Limited groupMorson Group Limited made £1.5bn revenue and £25.2m profit in the year to 31 Dec 2025.
Morson Group Limited’s revenue grew 3% to £1.5bn in the year to 31 Dec 2025, with £25.2m profit and 2,496 employees. The company is classified under “human resources provision and management of human resources functions” and is based in Salford; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Salford, North West
- Age
- 22 yrs · since 2004
- 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 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £1.3bn | £1.4bn | £1.5bn |
| Cost of sales | −£1.2bn | −£1.3bn | −£1.3bn |
| Gross profit | £141m | £152m | £166m |
| Operating profit | £43.3m | £39m | £42.4m |
| Profit before tax | £38.9m | £33.7m | £34.3m |
| Profit after tax | £26.1m | £22.7m | £25.2m |
| Profit (best available) | £26.1m | £22.7m | £25.2m |
| Employees (average) | 2,301 | 2,322 | 2,496 |
| Ratios | |||
| Profit margin | 2% | 1.6% | 1.7% |
| Gross margin | 10.6% | 10.8% | 11.4% |
| Revenue per employee | £579k | £608k | £584k |
| Profit per employee | £11.3k | £9.8k | £10.1k |
| Growth (year on year) | |||
| Revenue growth | — | ▲5.9% | ▲3.3% |
| Profit growth | — | ▼12.9% | ▲11.1% |
| Headcount growth | — | ▲0.9% | ▲7.5% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Aug 2025 | Accounts · bulk data Aug 2025 | Accounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 1.7%
- Profit ÷ revenue.
- Gross margin
- 11.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £584k
- Revenue ÷ average employees.
- Profit per employee
- £10.1k
- 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.
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
- ▲7%
- Now 2,496
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Mercury Holdco I Limited (registered outside the UK register)ultimate parent75–100%
- Mercury Midco I Limited75–100%
- Mercury Midco II Limited75–100%
- Mercury Bidco Globe Limited75–100%
- GGM Holdings Limited75–100%
- GGM Human Resources Limited75–100%
- MMGG Acquisition Limited75–100%
- Morson Group Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (4)
- Morcor LimitedRev. £189k · Profit £23.2k
- Beacon Computer Services LimitedFigures not disclosed
- Morson Holdings LimitedFigures not disclosed
- Morson Wynnwith LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £25.2m), from the Companies House accounts bulk data published Sep 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.