Key Ingredients LimitedDissolved
Registered name: KEY INGREDIENTS LIMITED
Key Ingredients Limited made £4.9m revenue and £110k profit in the year to 31 Dec 2023.
Key Ingredients Limited’s revenue grew 13% to £4.9m in the year to 31 Dec 2023, with £110k profit and 2 employees. The company was classified under “wholesale of fruit and vegetables” and was based in Cheltenham; we hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
- Last location
- Cheltenham
- Age
- 106 yrs · since 1920
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £4.4m | £4.9m |
| Cost of sales | £4m | £4.5m |
| Gross profit | £369k | £396k |
| Operating profit | £164k | £144k |
| Profit before tax | £164k | £148k |
| Profit after tax | £133k | £110k |
| Profit (best available) | £133k | £110k |
| Employees (average) | 2 | 2 |
| Ratios | ||
| Profit margin | 3% | 2.2% |
| Gross margin | 8.4% | 8% |
| Revenue per employee | £2.2m | £2.5m |
| Profit per employee | £66.5k | £55k |
| Growth (year on year) | ||
| Revenue growth | — | ▲12.5% |
| Profit growth | — | ▼17.4% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £722k | £619k |
| Net assets | £733k | £192k |
| Current assets | £1.4m | £1.6m |
| Debtors | £625k | £801k |
| Source | Accounts · bulk data May 2024 | Accounts · bulk data May 2024 |
How the business works
- Profit margin
- 2.2%
- Profit ÷ revenue.
- Gross margin
- 8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £2.5m
- Revenue ÷ average employees.
- Profit per employee
- £55k
- 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
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 16.2%
- 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
- ▼74%
- Now £192k
- Cash at bank
- ▼14%
- Now £619k
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from accounts for the year to 31 Dec 2023 (profit £110k), from the Companies House accounts bulk data published May 2024. Spotted an error? Request a correction.
Updated from Companies House on 11 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.