Keyo Agricultural Services Ltd
Registered name: KEYO AGRICULTURAL SERVICES LTD
Part of Keyo Holdings Limited groupKeyo Agricultural Services Ltd made £27.8m revenue and £1.8m profit in the year to 31 Mar 2025.
Keyo Agricultural Services Ltd’s revenue grew 9% to £27.8m in the year to 31 Mar 2025, with £1.8m profit and 92 employees. The company is classified under “support activities for animal production (other than farm animal boarding and care)” and is based in Brigg; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Brigg, Yorkshire and The Humber
- Age
- 33 yrs · since 1992
- 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. From the filing: “Keyo Holdings Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £23.7m | £25.9m | £25.6m | £27.8m |
| Cost of sales | — | — | — | £15.5m |
| Gross profit | — | — | — | £12.3m |
| Operating profit | £1.6m | £858k | — | £2.7m |
| Profit before tax | £1.5m | £652k | £2.1m | £2.4m |
| Profit after tax | £1.5m | £575k | £1.5m | £1.8m |
| Profit (best available) | £1.5m | £575k | £1.5m | £1.8m |
| Staff costs | £5.1m | £6.1m | £5.5m | £4.7m |
| Employees (average) | 128 | 137 | 122 | 92 |
| Ratios | ||||
| Profit margin | 6.3% | 2.2% | 6% | 6.3% |
| Gross margin | — | — | — | 44.3% |
| Revenue per employee | £185k | £189k | £210k | £303k |
| Profit per employee | £11.6k | £4.2k | £12.7k | £19.2k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲9.7% | ▼1.2% | ▲8.6% |
| Profit growth | — | ▼61.1% | ▲169.3% | ▲14.2% |
| Headcount growth | — | ▲7% | ▼10.9% | ▼24.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £600k | £949k | £953k | £1.1m |
| Net assets | £3.4m | £3.6m | £4.3m | £5.8m |
| Fixed assets | £3.7m | £3.6m | £4.2m | £4.2m |
| Current assets | £6.6m | £6.4m | £9.4m | £10.1m |
| Debtors | £2.2m | £1.5m | £1.8m | £1.9m |
| Deferred income | £57.4k | £159k | — | — |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 6.3%
- Profit ÷ revenue.
- Gross margin
- 44.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £303k
- Revenue ÷ average employees.
- Profit per employee
- £19.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 15%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7%
- 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
- ▲34%
- Now £5.8m
- Cash at bank
- ▲17%
- Now £1.1m
- Headcount
- ▼25%
- Now 92
- Deferred income
- —
- Now —
- Fixed assets
- ▲0%
- Now £4.2m
Group structure
Ownership chain
- Keyo Holdings Limited (registered outside the UK register)ultimate parent75–100%
- Keyo Agricultural Services Ltdthis 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).
Similar profitable businesses
- Cobb Farming LimitedDorchester · Support activities for animal production (other than farm animal boarding and care) n.e.c.
- Revenue
- £27.9m
- Profit
- £1.5m
- Staff
- 102
- Agritech Solutions N.i. LtdCo Tyrone · Support activities for animal production (other than farm animal boarding and care) n.e.c.
- Revenue
- £15.3m
- Profit
- £1.6m
- Staff
- 44
- William Thompson (York) LimitedMalton · Support activities for animal production (other than farm animal boarding and care) n.e.c.
- Revenue
- £51.5m
- Profit
- £481k
- Staff
- 69
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.8m), 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.