Keelex 176 Limited
Registered name: KEELEX 176 LIMITED
Part of Swallowcourt Holdings Limited groupKeelex 176 Limited does not publish its revenue or profit. Its accounts to 31 Mar 2025 show net assets of £1.2m and 88 employees.
Keelex 176 Limited did not publish its revenue or profit — small companies aren’t required to file a profit & loss account. Its accounts for the year to 31 Mar 2025 showed net assets of £1.2m and 88 employees. The company is classified under “residential care activities for learning difficulties, mental health and substance abuse” and is based in Truro; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Truro, South West
- Age
- 33 yrs · since 1993
- 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: “The company's ultimate parent is Swallowcourt Holdings Limited, a company registered in England and Wales and whose registered office is Peat House, Newham Road, Truro, Cornwall, TR1 2DP.”
Key figures
Revenue not disclosed
Keelex 176 Limited’s accounts for the year to 31 Mar 2025 contain a balance sheet but no profit & loss account, so its revenue and profit are not public. UK small and micro-entity companies are not required to publish a P&L — this is normal and says nothing about how the business is performing.
We never estimate revenue. Below you’ll find the balance-sheet figures that were filed — useful as indirect signals of momentum, but they are not revenue or profit.
- Employees
- 88
- Net assets
- £1.2m
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&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | No P&L |
| Profit & loss | ||||
| Revenue (turnover) | £3.4m | £3.2m | £3.6m | — |
| Cost of sales | £2.1m | £2.2m | £2.2m | — |
| Gross profit | £1.3m | £990k | £1.5m | — |
| Operating profit | £864k | £506k | £744k | — |
| Profit before tax | £825k | £435k | £705k | — |
| Profit after tax | £672k | £357k | £528k | — |
| Profit (best available) | £672k | £357k | £528k | — |
| Staff costs | £2m | £2m | £1.9m | — |
| Employees (average) | 98 | 92 | 76 | 88 |
| Ratios | ||||
| Profit margin | 20% | 11.3% | 14.5% | — |
| Gross margin | 37.2% | 31.3% | 40.2% | — |
| Revenue per employee | £34.4k | £34.4k | £48k | — |
| Profit per employee | £6.9k | £3.9k | £7k | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▼6% | ▲15.2% | — |
| Profit growth | — | ▼46.9% | ▲48.2% | — |
| Headcount growth | — | ▼6.1% | ▼17.4% | ▲15.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £968k | £533k | £249k | £439k |
| Net assets | £5m | £5.3m | £711k | £1.2m |
| Fixed assets | £4.9m | £4.9m | £102k | £100k |
| Current assets | £2.7m | £2.9m | £1.2m | £1.7m |
| Debtors | £306k | £210k | £250k | £57.6k |
| Deferred income | £26.8k | £12.4k | £5k | — |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Dec 2025 |
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
- ▲67%
- Now £1.2m
- Cash at bank
- ▲76%
- Now £439k
- Headcount
- ▲16%
- Now 88
- Deferred income
- —
- Now —
- Fixed assets
- ▼2%
- Now £100k
Group structure
Ownership chain
- Swallowcourt Holdings Limitedultimate parent75–100%
- Swallowcourt Trading Holdco Limited75–100%
- Keelex 176 Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Swallowcourt LimitedRev. £11.5m · Profit −£287k
- Swallowcourt Property Holdco LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025, 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.