Skip to content
CompanySight
Company No. 02208091 · Incorporated 24 Dec 1987

Kbis Limited

Registered name: KBIS LIMITED

Part of Sparta UK Midco 1 Limited group

Kbis Limited made £3m revenue and £597k profit in the year to 31 Dec 2024. read from filing text

Kbis Limited’s revenue was £3m in the year to 31 Dec 2024, with £597k profit and 43 employees. The company is classified under “non-life insurance” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection K · Financial and insurance activitiesSIC 65120Non-life insurance
Status
Active
Location
London, London
Age
38 yrs · since 1987
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.

Latest accounts · year to 31 Dec 2024

Key figures

Cash flow filed
Revenue
£3m
Growth ▼0.1%
Profit
£597k
Growth ▼52.5%
Profit margin
19.8%
 
Employees
43
Change ▲10.3%
Profit / employee
£13.9k
Revenue/employee £70.1k
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 to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£3.1m£3m£3m
Operating profit£881k£1.1m£564k
Profit before tax£885k£1.1m£597k
Profit after tax£922k£1.3m£597k
Profit (best available)£922k£1.3m£597k
Staff costs£1.5m£1.3m£1.4m
Employees (average)423943
Ratios
Profit margin30.2%41.6%19.8%
Revenue per employee£72.7k£77.4k£70.1k
Profit per employee£22k£32.2k£13.9k
Cash conversion38.3%61.2%−234.6%
Growth (year on year)
Revenue growth—▼1.1%▼0.1%
Profit growth—▲36.2%▼52.5%
Headcount growth—▼7.1%▲10.3%
Balance sheet — indirect signals, not revenue
Cash at bank£2.1m£1.5m£2.2m
Net assets£2m£3.2m£3.8m
Fixed assets£7.7k£0—
Current assets£5.6m£6.6m£7.6m
Debtors£952k£1.4m£775k
Deferred income£219k£0£20.3k
Cash from operations£337k£655k−£1.3m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
19.8%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£70.1k
Revenue ÷ average employees.
Profit per employee
£13.9k
Profit ÷ average employees.
Cash conversion
−234.6%
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
0.7%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
25.7%
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
▲18%
Now £3.8m
Cash at bank
▲52%
Now £2.2m
Headcount
▲10%
Now 43
Deferred income
—
Now £20.3k
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Sparta UK Midco 1 Limitedultimate parent75–100%
  2. Sparta UK Midco 2 Limited75–100%
  3. Sparta UK Bidco Limited75–100%
  4. Specialist Risk Investments Limited75–100%
  5. Specialist Risk Midco Limited75–100%
  6. Specialist Risk Group Limited75–100%
  7. Specialist Risk Insurance Solutions Limited75–100%
  8. Miles Smith Insurance Solutions Limited75–100%
  9. Kbis Holdings Limited75–100%
  10. Kbis Limitedthis company

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

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

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £597k), 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.