How much does M.S.P. (Scotland) Limited make?

M.S.P. (Scotland) Limited reported revenue of £4.6m and £1.9k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does M.S.P. (Scotland) Limited have?

M.S.P. (Scotland) Limited reported an average of 32 employees in the year to 31 Dec 2024.

Is M.S.P. (Scotland) Limited profitable?

Yes — M.S.P. (Scotland) Limited reported a profit of £1.9k in the year to 31 Dec 2024.

Company No. SC141564 · Incorporated 4 Dec 1992

M.S.P. (Scotland) Limited

Registered name: M.S.P. (SCOTLAND) LIMITED

Part of BPJ Group Limited group

M.S.P. (Scotland) Limited made £4.6m revenue and £1.9k profit in the year to 31 Dec 2024.

M.S.P. (Scotland) Limited’s revenue fell 19% to £4.6m in the year to 31 Dec 2024, with £1.9k profit and 32 employees. The company is classified under “manufacture of other fabricated metal products” and is based in Cumbernauld; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 25990Manufacture of other fabricated metal products n.e.c.

Status: Active
Location: Cumbernauld, Scotland
Age: 33 yrs · since 1992
Type: Private Limited Company

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: “Vivalda Group Limited”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light

Revenue

£4.6m

Growth ▼18.5%

Profit

£1.9k

Growth ▼99.2%

Profit margin

Gross 50.3%

Employees

Change 0%

Profit / employee

£61

Revenue/employee £143k

Profitable streak

3yrs

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 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£4.7m	£5.6m	£4.6m
Cost of sales	£2.5m	£2.9m	£2.3m
Gross profit	£2.2m	£2.7m	£2.3m
Operating profit	£360k	£335k	£8.5k
Profit before tax	£356k	£333k	£8.5k
Profit after tax	£294k	£254k	£1.9k
Profit (best available)	£294k	£254k	£1.9k
Staff costs	£1m	£1.1m	£1.3m
Employees (average)	30	32	32
Ratios
Profit margin	6.3%	4.5%	0%
Gross margin	46.4%	48.3%	50.3%
Revenue per employee	£156k	£175k	£143k
Profit per employee	£9.8k	£7.9k	£61
Growth (year on year)
Revenue growth	—	▲20.3%	▼18.5%
Profit growth	—	▼13.8%	▼99.2%
Headcount growth	—	▲6.7%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£321k	£245k	£431k
Net assets	£1.2m	£1.4m	£1.4m
Fixed assets	£320k	£308k	£237k
Current assets	£1.5m	£2.1m	£2.7m
Debtors	£639k	£561k	£398k
Deferred income	£42.1k	£55.5k	£28.2k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 0%; Profit ÷ revenue.
Gross margin: 50.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £143k; Revenue ÷ average employees.
Profit per employee: £61; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.7%; 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: ▲0%; Now £1.4m
Cash at bank: ▲76%; Now £431k
Headcount: 0%; Now 32
Deferred income: ▼49%; Now £28.2k
Fixed assets: ▼23%; Now £237k

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

BPJ Group Limitedultimate parent75–100%
M.S.P. (Scotland) Limitedthis company

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

Sister companies (4)

BBS Facades LimitedRev. £4.9m · Profit £2.7k
Vivalda Scotland LimitedRev. £1.7m · Profit £2k
Prism Powder Coating LimitedRev. £745k · Profit £6.7k
Vivalda Group LimitedRev. — · Profit £343k

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.9k), 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.