MUSE PLACES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-03 (in 1mo)
Last made up 2025-05-20
Watchouts
None on the register
Cash
£10M
-65.3% vs 2023
Net assets
£115M
+7.7% vs 2023
Employees
108
+8% vs 2023
Profit before tax
£9M
-67.5% vs 2023
Name history
Renamed 2 times since incorporation
- MUSE PLACES LIMITED 2023-02-17 → present
- MUSE DEVELOPMENTS LIMITED 2007-07-27 → 2023-02-17
- AMEC DEVELOPMENTS LIMITED 1992-05-20 → 2007-07-27
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £185,272,000 | £90,487,000 | |
| Operating profit | £28,525,000 | £7,434,000 | |
| Profit before tax | £28,481,000 | £9,247,000 | |
| Net profit | £26,101,000 | £8,222,000 | |
| Cash | £27,715,000 | £9,608,000 | |
| Total assets less current liabilities | £128,159,000 | £121,201,000 | |
| Net assets | £107,277,000 | £115,499,000 | |
| Equity | £107,277,000 | £115,499,000 | |
| Average employees | 100 | 108 | |
| Wages | £9,654,000 | £12,332,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 15.4% | 8.2% | |
| Net margin | 14.1% | 9.1% | |
| Return on capital employed | 22.3% | 6.1% | |
| Gearing (liabilities / total assets) | 51.9% | 39.4% | |
| Current ratio | 1.76x | 2.02x | |
| Interest cover | 66.18x | 73.60x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- UK IAS
- Reporting scope
- Consolidated group
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the above, the Directors have formed a judgement that there is a reasonable expectation that the Company and the Group of which it is part have adequate resources to continue in operational existence for the going concern period which they determine to be until 31 May 2026. For this reason, they continue to adopt the going concern basis in the preparation of these Financial Statements.”
Group structure
- MUSE PLACES LIMITED · parent
- Muse (ECF) Partner Limited 100%
- Muse (Warp 4) Partner Limited 100%
- Warp 4 General Partner Limited 100%
- Warp 4 General Partner Nominees Limited 100%
- Warp 4 Limited Partnership 100%
- Alexandria Business Park Management Company Limited 100%
- Rail Link Europe Limited 100%
- Eurocentral Partnership Limited 99%
- EPL Contractor (Plot B West) Limited 99%
- EPL Contractor (Plot F East) Limited 99%
- EPL Contractor (Plot F West) Limited 99%
- EPL Developer (Plot B West) Limited 99%
- EPL Developer (Plot F East) Limited 99%
- EPL Developer (Plot F West) Limited 99%
- Chatham Place (Building 1) Limited 100%
- Ician Developments Limited 100%
- Harrier Park Management Company Limited 100%
- Northshore Management Company Limited 50%
- North Shore Development Partnership Limited 100%
- Logic Leeds Management Company Limited 50%
- Lewisham Gateway Developments (Holdings) Limited 100%
- Lewisham Gateway Developments Limited 100%
- Sovereign Leeds Limited 100%
- Chatham Place Building 1 (Commercial) Limited 100%
- Chatham Square Limited 100%
- Cheadle Royal Management Company Limited 28%
- Muse Chester Limited 100%
- Muse (Brixton) Limited 100%
- Muse Brixton (Phase 2) Limited 100%
- Olive Morris House (Brixton) Management Company 100%
- Muse Developments (Northwich) Limited 100%
- Muse Properties Limited 100%
- Muse Aberdeen Limited 100%
- Community Solutions for Regeneration (Brentwood) Limited 100%
- Community Solutions for Regeneration (Bournemouth) Limited 100%
- Community Solutions for Regeneration (Slough) Limited 100%
Significant events
- “On 26th March 2025, Muse Places Limited and Manchester City Council ("MCC") legally completed a Development Partnership Umbrella Agreement, together with a Joint Venture Agreement which established MCC as an 80% Member and Muse Places Limited as a 20% Member of Wythenshawe Civic Regeneration LLP. The investment is expected to be accounted for under the equity method.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 29 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MINNS, Lisa Ann Katherine | Secretary | 2025-06-03 | — | — |
| DEUTSCH, Alastair Michael | Director | 2023-10-02 | Feb 1983 | British |
| GANGOTRA, Culdip Kelly Kaur | Director | 2024-05-07 | Feb 1970 | British |
| MAYALL, Philip Alan | Director | 2019-03-01 | Jun 1973 | British |
| MORGAN, John Christopher | Director | 2007-07-27 | Dec 1955 | British |
| SLINGER, Claire | Director | 2023-10-05 | Nov 1976 | British |
Show 29 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FELLOWES, Colin | Secretary | 2002-12-20 | 2003-05-29 |
| FELLOWES, Colin | Secretary | 1992-05-20 | 1999-02-04 |
| FIDLER, Christopher Laskey | Secretary | 2002-09-06 | 2007-07-27 |
| MASON, Helen Mary | Secretary | 2024-06-27 | 2025-04-22 |
| SHERIDAN, Clare | Secretary | 2007-07-27 | 2024-06-27 |
| TABERNER, Susan | Secretary | 1999-02-04 | 2003-06-20 |
| BRITANNIA COMPANY FORMATIONS LIMITED | Corporate Nominee Secretary | 1992-05-20 | 1992-05-20 |
| APPLETON, Michael John | Director | 1997-02-01 | 2000-06-30 |
| AUGER, Michael John | Director | 2019-03-01 | 2025-01-31 |
| BARDSLEY, Michael John | Director | 1992-05-20 | 1992-05-20 |
| BOWYER, Katharine Ann | Director | 2022-03-31 | 2023-04-07 |
| BROWN, Christopher Kenrick | Director | 1995-11-01 | 2001-03-31 |
| CROMPTON, Matthew Ellis, Mr. | Director | 2001-12-05 | 2022-03-31 |
| CRUMMETT, Stephen Paul | Director | 2013-05-24 | 2024-05-07 |
| EARLY, John Dalton | Director | 1992-05-20 | 2007-07-27 |
| ELLIOTT, Richard Stuart | Director | 2002-07-01 | 2004-04-24 |
| FRANKLIN, Nigel John Howard | Director | 1993-10-13 | 2019-04-07 |
| FUTTER, Rosalind Charlotte | Director | 2022-08-09 | 2023-10-02 |
| GILL, James Harry | Director | 1992-05-20 | 1994-10-28 |
| HOYLE, David | Director | 2005-05-18 | 2022-03-31 |
| KNOTT, Kenneth John | Director | 1993-10-13 | 1999-12-01 |
| MULLIGAN, David Kevin | Director | 2007-07-27 | 2013-02-25 |
| O'BRIEN, Daniel Terence | Director | 1993-10-13 | 2005-05-18 |
| O'BRIEN, James Joseph | Director | 1992-05-20 | 1996-12-17 |
| PARRY, Paul | Director | 1992-05-20 | 2010-04-01 |
| PETERSEN, Roef | Director | 1992-05-29 | 1993-05-20 |
| SHANKLAND, Sarah Anne | Director | 2009-09-10 | 2023-08-21 |
| TAYLOR, David Wilson | Director | 1992-05-20 | 1993-08-31 |
| DEANSGATE COMPANY FORMATIONS LIMITED | Corporate Nominee Director | 1992-05-20 | 1992-05-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Morgan Sindall Group Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 213 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-21 | CH01 | officers | Change person director company with change date | |
| 2025-06-17 | AA | accounts | Accounts with accounts type group | |
| 2025-06-04 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-05-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-02 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-02-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-06 | CH01 | officers | Change person director company with change date | |
| 2024-07-02 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-07-02 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-05-30 | AA | accounts | Accounts with accounts type group | |
| 2024-05-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-07 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-07 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-06 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-18 | AA | accounts | Accounts with accounts type group | |
| 2023-08-21 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-11 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-51.2%
£185,272,000 £90,487,000
-
Cash
-65.3%
£27,715,000 £9,608,000
-
Net assets
+7.7%
£107,277,000 £115,499,000
-
Employees
+8%
100 108
-
Operating profit
-73.9%
£28,525,000 £7,434,000
-
Profit before tax
-67.5%
£28,481,000 £9,247,000
-
Wages
+27.7%
£9,654,000 £12,332,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers