Key GRP Limited
Registered name: KEY GRP LIMITED
Key GRP Limited made £32.7m revenue and £263k profit in the year to 30 Apr 2025.
Key GRP Limited’s revenue fell 35% to £32.7m in the year to 30 Apr 2025, with £263k profit and 113 employees. The company is classified under “construction of commercial buildings” and is based in Wakefield; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Wakefield, Yorkshire and The Humber
- Age
- 22 yrs · since 2004
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £46.2m | £53m | £50m | £32.7m |
| Cost of sales | £38.5m | £43.7m | £41.3m | £26.7m |
| Gross profit | £7.8m | £9.3m | £8.8m | £6m |
| Operating profit | £2.4m | £3.4m | £2.3m | £284k |
| Profit before tax | £2.4m | £3.4m | £2.4m | £362k |
| Profit after tax | £1.9m | £2.7m | £1.8m | £263k |
| Profit (best available) | £1.9m | £2.7m | £1.8m | £263k |
| Staff costs | £6.7m | £7.3m | £7.5m | £6.6m |
| Employees (average) | 127 | 125 | 129 | 113 |
| Ratios | ||||
| Profit margin | 4.2% | 5.2% | 3.5% | 0.8% |
| Gross margin | 16.8% | 17.5% | 17.5% | 18.4% |
| Revenue per employee | £364k | £424k | £388k | £290k |
| Profit per employee | £15.3k | £22k | £13.7k | £2.3k |
| Cash conversion | 203.8% | 57% | 79% | −462.5% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲14.6% | ▼5.6% | ▼34.6% |
| Profit growth | — | ▲41.6% | ▼35.9% | ▼85.1% |
| Headcount growth | — | ▼1.6% | ▲3.2% | ▼12.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £4.6m | £3.5m | £4.2m | £2.9m |
| Net assets | £6.4m | £6.6m | £7.9m | £8.2m |
| Fixed assets | £964k | £902k | £828k | £757k |
| Current assets | £14.1m | £19.8m | £15.9m | £12.4m |
| Debtors | £8.7m | £15.7m | £10.2m | £8.8m |
| Cash from operations | £5m | £1.9m | £1.8m | −£1.3m |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 0.8%
- Profit ÷ revenue.
- Gross margin
- 18.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £290k
- Revenue ÷ average employees.
- Profit per employee
- £2.3k
- Profit ÷ average employees.
- Cash conversion
- −462.5%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 26.9%
- 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
- ▲3%
- Now £8.2m
- Cash at bank
- ▼30%
- Now £2.9m
- Headcount
- ▼12%
- Now 113
- Deferred income
- —
- Now —
- Fixed assets
- ▼9%
- Now £757k
Similar profitable businesses
- Meldrum Construction Services LimitedGateshead · Construction of commercial buildings
- Revenue
- £32.9m
- Profit
- £140k
- Staff
- 38
- Aeropark Developments LimitedSouthampton · Construction of commercial buildings
- Revenue
- £32.3m
- Profit
- £333k
- Staff
- 144
- Carbide Properties LimitedLeicester · Construction of commercial buildings
- Revenue
- £32.3m
- Profit
- £3.5m
- Staff
- 13
- Marfleet and Bradshaw LimitedColchester · Construction of commercial buildings
- Revenue
- £33.6m
- Profit
- £1.2m
- Staff
- 25
- Mascott Construction (Europe) LtdBelfast · Construction of commercial buildings
- Revenue
- £31.6m
- Profit
- £41.1k
- Staff
- 38
- Marcon Construction LimitedCoulsdon · Construction of commercial buildings
- Revenue
- £34.5m
- Profit
- £2m
- Staff
- 33
Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £263k), from the Companies House accounts bulk data published Jan 2026. 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.