How much does MSL Labour Ltd make?

MSL Labour Ltd reported revenue of £29.4m and £1.7m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does MSL Labour Ltd have?

MSL Labour Ltd reported an average of 2 employees in the year to 31 Mar 2025.

Is MSL Labour Ltd profitable?

Yes — MSL Labour Ltd reported a profit of £1.7m in the year to 31 Mar 2025.

Company No. 13888760 · Incorporated 2 Feb 2022

MSL Labour Ltd

Registered name: MSL LABOUR LTD

Part of MSL Cabling Limited group

MSL Labour Ltd made £29.4m revenue and £1.7m profit in the year to 31 Mar 2025.

MSL Labour Ltd’s revenue grew 71% to £29.4m in the year to 31 Mar 2025, with £1.7m profit and 2 employees. The company is classified under “other business support service activities” and is based in Feltham; we hold 3 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: Feltham, London
Age: 4 yrs · since 2022
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 31 Mar 2025

Key figures

Small teamCapital-lightYoung and profitable

Revenue

£29.4m

Growth ▲71.4%

Profit

£1.7m

Growth ▲68.2%

Profit margin

5.9%

Gross 11.5%

Employees

Change 0%

Profit / employee

£866k

Revenue/employee £14.7m

Profitable streak

2yrs

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 to	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£17.1m	£29.4m
Cost of sales	—	£14.9m	£26m
Gross profit	—	£2.2m	£3.4m
Operating profit	—	£1.4m	£2.3m
Profit before tax	—	£1.4m	£2.3m
Profit after tax	—	£1m	£1.7m
Profit (best available)	—	£1m	£1.7m
Employees (average)	0	2	2
Ratios
Profit margin	—	6%	5.9%
Gross margin	—	12.9%	11.5%
Revenue per employee	—	£8.6m	£14.7m
Profit per employee	—	£515k	£866k
Growth (year on year)
Revenue growth	—	—	▲71.4%
Profit growth	—	—	▲68.2%
Headcount growth	—	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.9k	£54.2k	£654k
Net assets	£493k	£1.5m	£3.1m
Fixed assets	£0	£6.9k	£7k
Current assets	£2m	£3.1m	£4.3m
Debtors	£2m	£3m	£2.8m
Deferred income	£3k	£3k	£18k
Source	Accounts · bulk data Oct 2023	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 5.9%; Profit ÷ revenue.
Gross margin: 11.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £14.7m; Revenue ÷ average employees.
Profit per employee: £866k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 9.4%; 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: ▲115%; Now £3.1m
Cash at bank: ▲1106%; Now £654k
Headcount: 0%; Now 2
Deferred income: ▲500%; Now £18k
Fixed assets: ▲1%; Now £7k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

MSL Cabling Limitedultimate parent75–100%
MSL Labour Ltdthis company

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

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 FullAccounts for the year to 31 Mar 2025 (profit £1.7m), from the Companies House accounts bulk data published Dec 2025. 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.