Ken Briggs Ltd
Registered name: KEN BRIGGS LTD
Part of Hasketon Smithfield Limited groupKen Briggs Ltd made £15.5m revenue and £608k profit in the year to 31 Dec 2024.
Ken Briggs Ltd’s revenue grew 87% to £15.5m in the year to 31 Dec 2024, with £608k profit and 10 employees. The company is classified under “wholesale of meat and meat products” and is based in Lincolnshire; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Lincolnshire, East Midlands
- Age
- 23 yrs · since 2003
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £10.4m | £11.5m | £8.3m | £15.5m |
| Cost of sales | £9m | £10.2m | −£7.2m | −£13.9m |
| Gross profit | £1.5m | £1.3m | £1.1m | £1.7m |
| Operating profit | £1m | £545k | £751k | £836k |
| Profit before tax | £999k | £570k | — | — |
| Profit after tax | £802k | £450k | £536k | £608k |
| Profit (best available) | £802k | £450k | £536k | £608k |
| Employees (average) | 9 | 8 | 8 | 10 |
| Ratios | ||||
| Profit margin | 7.7% | 3.9% | 6.5% | 3.9% |
| Gross margin | 14% | 11.4% | 12.9% | 10.7% |
| Revenue per employee | £1.2m | £1.4m | £1m | £1.6m |
| Profit per employee | £89.1k | £56.2k | £67.1k | £60.8k |
| Cash conversion | −86.3% | −118.3% | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲10.6% | — | ▲86.8% |
| Profit growth | — | ▼43.9% | — | ▲13.4% |
| Headcount growth | — | ▼11.1% | — | ▲25% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.8m | £2m | — | — |
| Net assets | £4.8m | £5.2m | — | — |
| Fixed assets | £2.2m | £2m | — | — |
| Current assets | £3.3m | £3.7m | — | — |
| Debtors | £758k | £659k | — | — |
| Cash from operations | −£880k | −£645k | — | — |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | Accounts · bulk data Jun 2025 | Accounts · bulk data Jun 2025 |
How the business works
- Profit margin
- 3.9%
- Profit ÷ revenue.
- Gross margin
- 10.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.6m
- Revenue ÷ average employees.
- Profit per employee
- £60.8k
- Profit ÷ average employees.
- Cash conversion
- —
- 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
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲25%
- Now 10
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Hasketon Smithfield Limitedultimate parent75–100%
- Ken Briggs Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- J.F. Edwards (Smithfield) LimitedFigures not disclosed
- Peter Thompson Group LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Profit
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- Staff
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- Eagle Foods LtdPeterborough · Wholesale of meat and meat products
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- Marbec Meats LimitedLondon · Wholesale of meat and meat products
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- Cooper Foods (Andover) LimitedAndover · Wholesale of meat and meat products
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- Profit
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- Brian Etherington Meat Company LimitedRedruth · Wholesale of meat and meat products
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- G. Lawrence Wholesale Meat Co. LimitedLondon · Wholesale of meat and meat products
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- Profit
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- Staff
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Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit £608k), from the Companies House accounts bulk data published Jun 2025. Spotted an error? Request a correction.
Updated from Companies House on 12 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.