MS Lending SPV 1 Limited
Registered name: MS LENDING SPV 1 LIMITED
Part of MS Lending Group Limited groupMS Lending SPV 1 Limited made £19.4m revenue and £1.7m profit in the year to 31 Dec 2025. read from filing text
MS Lending SPV 1 Limited’s revenue grew 49% to £19.4m in the year to 31 Dec 2025, with £1.7m profit and 3 employees. The company is classified under “activities auxiliary to financial intermediation” and is based in Salford; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Salford, North West
- 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. From the filing: “The company's parent undertaking at the balance sheet date was MS Lending Group Limited, a company registered in England and Wales.”
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 | No P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | — | £13m | £19.4m |
| Cost of sales | — | £8.1m | £11.8m |
| Gross profit | — | £4.9m | £7.6m |
| Operating profit | — | £2.2m | £2m |
| Profit before tax | — | £2.3m | £2.3m |
| Profit after tax | — | £1.7m | £1.7m |
| Profit (best available) | — | £1.7m | £1.7m |
| Employees (average) | 2 | 2 | 3 |
| Ratios | |||
| Profit margin | — | 13.2% | 8.9% |
| Gross margin | — | 37.5% | 39.3% |
| Revenue per employee | — | £6.5m | £6.5m |
| Profit per employee | — | £860k | £577k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲48.6% |
| Profit growth | — | — | ▲0.6% |
| Headcount growth | — | — | ▲50% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £3.8m | £6.6m | £16.2m |
| Net assets | £703k | £2.4m | £4.2m |
| Current assets | £38m | £102m | £110m |
| Debtors | £33.8m | £94.8m | £93.5m |
| Deferred income | — | £3.9m | £2.4m |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 8.9%
- Profit ÷ revenue.
- Gross margin
- 39.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £6.5m
- Revenue ÷ average employees.
- Profit per employee
- £577k
- 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
- 12.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 483.1%
- 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
- ▲71%
- Now £4.2m
- Cash at bank
- ▲144%
- Now £16.2m
- Headcount
- ▲50%
- Now 3
- Deferred income
- ▼39%
- Now £2.4m
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- MS Lending Group Limitedultimate parent75–100%
- MS Lending SPV 1 Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (5)
- MS Lending SPV 2 LimitedFigures not disclosed
- MS Lending SPV 3 LimitedFigures not disclosed
- MS Lending SPV 4 LimitedFigures not disclosed
- MS Lending SPV 5 LimitedFigures not disclosed
- MS Lending SPV 6 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 £1.7m), 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.