MSS Infrastructure Limited
Registered name: MSS INFRASTRUCTURE LIMITED
Part of Mssi Group Limited groupMSS Infrastructure Limited made £83.2m revenue and £2m profit in the year to 30 Dec 2023.
MSS Infrastructure Limited’s revenue grew 18% to £83.2m in the year to 30 Dec 2023, with £2m profit and 99 employees. The company is classified under “human resources provision and management of human resources functions” and is based in Watford; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Watford, East of England
- Age
- 15 yrs · since 2011
- 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. From the filing: “MSSI Group Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Dec 2022 | 30 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £70.8m | £83.2m |
| Cost of sales | £60.5m | £68m |
| Gross profit | £10.2m | £15.2m |
| Operating profit | −£1.1m | £3.7m |
| Profit before tax | −£1.2m | £3.3m |
| Profit after tax | −£1.2m | £2m |
| Profit (best available) | −£1.2m | £2m |
| Staff costs | £7m | £7.1m |
| Employees (average) | 115 | 99 |
| Ratios | ||
| Profit margin | −1.8% | 2.4% |
| Gross margin | 14.4% | 18.3% |
| Revenue per employee | £615k | £841k |
| Profit per employee | −£10.8k | £19.9k |
| Growth (year on year) | ||
| Revenue growth | — | ▲17.6% |
| Headcount growth | — | ▼13.9% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £101k | £69.8k |
| Net assets | £8.7m | £9.8m |
| Fixed assets | £3.9m | £2.6m |
| Current assets | £16m | £18.4m |
| Debtors | £7.4m | £10.2m |
| Deferred income | £2.5m | £2.3m |
| Source | Accounts · bulk data May 2024 | Accounts · bulk data May 2024 |
How the business works
- Profit margin
- 2.4%
- Profit ÷ revenue.
- Gross margin
- 18.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £841k
- Revenue ÷ average employees.
- Profit per employee
- £19.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 12.3%
- 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
- ▲12%
- Now £9.8m
- Cash at bank
- ▼31%
- Now £69.8k
- Headcount
- ▼14%
- Now 99
- Deferred income
- ▼7%
- Now £2.3m
- Fixed assets
- ▼35%
- Now £2.6m
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
- Mssi Group Limitedultimate parent75–100%
- MSS Infrastructure Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Tod Newco1 LimitedLiquidationFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Dec 2023 (profit £2m), from the Companies House accounts bulk data published May 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.