How much does Kettles Limited make?

Kettles Limited reported revenue of £3.8m and £809k profit in the year to 31 Jan 2025, according to its accounts filed at Companies House.

How many employees does Kettles Limited have?

Kettles Limited reported an average of 15 employees in the year to 31 Jan 2025.

Is Kettles Limited profitable?

Yes — Kettles Limited reported a profit of £809k in the year to 31 Jan 2025.

Company No. 02370694 · Incorporated 11 Apr 1989

Kettles Limited

Registered name: KETTLES LIMITED

Part of Kettles Holdings Limited group

Kettles Limited made £3.8m revenue and £809k profit in the year to 31 Jan 2025.

Kettles Limited’s revenue grew 10% to £3.8m in the year to 31 Jan 2025, with £809k profit and 15 employees. The company is classified under “floor and wall covering” and is based in Watford; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43330Floor and wall covering

Status: Active
Location: Watford, East of England
Age: 37 yrs · since 1989
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.

Latest accounts · year to 31 Jan 2025

Key figures

Capital-lightDoing more with less

Revenue

£3.8m

Growth ▲10%

Profit

£809k

Growth ▲7.8%

Profit margin

21.5%

Gross 43.8%

Employees

Change ▼11.8%

Profit / employee

£53.9k

Revenue/employee £250k

Profitable streak

2yrs

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 Jan 2023	31 Jan 2024	31 Jan 2025
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£3.4m	£3.8m
Cost of sales	—	£2m	£2.1m
Gross profit	—	£1.4m	£1.6m
Operating profit	—	£995k	£1.1m
Profit before tax	—	£1m	£1.1m
Profit after tax	—	£751k	£809k
Profit (best available)	—	£751k	£809k
Employees (average)	17	17	15
Ratios
Profit margin	—	22%	21.5%
Gross margin	—	40.9%	43.8%
Revenue per employee	—	£201k	£250k
Profit per employee	—	£44.2k	£53.9k
Growth (year on year)
Revenue growth	—	—	▲10%
Profit growth	—	—	▲7.8%
Headcount growth	—	0%	▼11.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£555k	£889k	£1.2m
Net assets	£592k	£789k	£1m
Fixed assets	£158k	£227k	£275k
Current assets	£770k	£1.1m	£1.4m
Debtors	£205k	£178k	£214k
Deferred income	—	£27.2k	£3k
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jun 2025

Derived from the latest filing

How the business works

Profit margin: 21.5%; Profit ÷ revenue.
Gross margin: 43.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £250k; Revenue ÷ average employees.
Profit per employee: £53.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 7.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 5.7%; 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: ▲30%; Now £1m
Cash at bank: ▲31%; Now £1.2m
Headcount: ▼12%; Now 15
Deferred income: ▼89%; Now £3k
Fixed assets: ▲21%; Now £275k

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

Kettles Holdings Limitedultimate parent75–100%
Kettles 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).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jan 2025 (profit £809k), from the Companies House accounts bulk data published Jun 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.