How much does Keltbray Limited make?

Keltbray Limited reported revenue of £56.6m and £679k profit in the year to 31 Oct 2025, according to its accounts filed at Companies House.

How many employees does Keltbray Limited have?

Keltbray Limited reported an average of 0 employees in the year to 31 Oct 2025.

Is Keltbray Limited profitable?

Yes — Keltbray Limited reported a profit of £679k in the year to 31 Oct 2025.

Company No. 01274344 · Incorporated 23 Aug 1976

Keltbray Limited

Registered name: KELTBRAY LIMITED

Part of Keltbray Investments Limited group

Keltbray Limited made £56.6m revenue and £679k profit in the year to 31 Oct 2025.

Keltbray Limited’s revenue fell 47% to £56.6m in the year to 31 Oct 2025, with £679k profit and 0 employees. The company is classified under “demolition” and is based in Thames Ditton; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43110Demolition

Status: Active
Location: Thames Ditton, London
Age: 50 yrs · since 1976
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: “Konclude Investments Limited”

Latest accounts · year to 31 Oct 2025

Key figures

Small teamCapital-light

Revenue

£56.6m

Growth ▼46.7%

Profit

£679k

Growth —

Profit margin

1.2%

Gross 2.1%

Employees

Change —

Profit / employee

—

Profitable streak

1yr

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 Oct 2023	31 Oct 2024	31 Oct 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£137m	£106m	£56.6m
Cost of sales	£136m	£105m	£55.4m
Gross profit	£1.3m	£1.6m	£1.2m
Operating profit	−£1.1m	−£12.5m	£1.9m
Profit before tax	−£1.2m	−£13.6m	£808k
Profit after tax	−£1.2m	−£13.9m	£679k
Profit (best available)	−£1.2m	−£13.9m	£679k
Employees (average)	0	0	0
Ratios
Profit margin	−0.8%	−13.1%	1.2%
Gross margin	0.9%	1.6%	2.1%
Growth (year on year)
Revenue growth	—	▼22.7%	▼46.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£7.5m	£7.8m	£2.1m
Net assets	−£9.3m	−£23.1m	−£22.5m
Fixed assets	£630k	£422k	£402k
Current assets	£24.3m	£21.3m	£13.1m
Debtors	£16.8m	£13.6m	£11m
Deferred income	£0	£6.6m	£6.1m
Source	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: 1.2%; Profit ÷ revenue.
Gross margin: 2.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 10.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 19.4%; 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: —; Now −£22.5m
Cash at bank: ▼72%; Now £2.1m
Headcount: —; Now 0
Deferred income: ▼8%; Now £6.1m
Fixed assets: ▼5%; Now £402k

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

Keltbray Investments Limited (registered outside the UK register)ultimate parent75–100%
Konclude Capital Limited75–100%
Konclude Holdings Limited75–100%
Keltbray Limitedthis company

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

Subsidiaries (2)

Konclude Demolition LimitedFigures not disclosed
Konclude Property and Investments LimitedRev. — · Profit £232k

Sister companies (2)

Konclude Environmental LtdRev. — · Profit £8.9k
Konclude Group (Holdings) LimitedRev. — · Profit −£721k

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £679k), from the Companies House accounts bulk data published Jul 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.