How much does Keystream Group Limited make?

Keystream Group Limited reported revenue of £49.7m and £596k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Keystream Group Limited have?

Keystream Group Limited reported an average of 33 employees in the year to 31 Dec 2025.

Is Keystream Group Limited profitable?

Yes — Keystream Group Limited reported a profit of £596k in the year to 31 Dec 2025.

Company No. 07406242 · Incorporated 13 Oct 2010

Keystream Group Limited

Registered name: KEYSTREAM GROUP LIMITED

Part of Keystream Human Capital Limited group

Keystream Group Limited made £49.7m revenue and £596k profit in the year to 31 Dec 2025.

Keystream Group Limited’s revenue was £49.7m in the year to 31 Dec 2025, with £596k profit and 33 employees. The company is classified under “other activities of employment placement agencies” and is based in London; we hold 5 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 78109Other activities of employment placement agencies

Status: Active
Location: London, London
Age: 16 yrs · since 2010
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 Dec 2025

Key figures

Capital-lightCash flow filed

Revenue

£49.7m

Growth ▼0.2%

Profit

£596k

Growth ▼24.2%

Profit margin

1.2%

Gross 12.1%

Employees

Change ▼26.7%

Profit / employee

£18.1k

Revenue/employee £1.5m

Profitable streak

5yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£37.6m	£51.3m	£52.2m	£49.8m	£49.7m
Cost of sales	£33.1m	£45m	£46m	£43.9m	£43.7m
Gross profit	£4.5m	£6.3m	£6.2m	£5.9m	£6m
Operating profit	£1.6m	£2.2m	£1.1m	£959k	£847k
Profit before tax	£1.7m	£2.2m	£1.2m	£1.1m	£894k
Profit after tax	£1.3m	£1.7m	£882k	£787k	£596k
Profit (best available)	£1.3m	£1.7m	£882k	£787k	£596k
Staff costs	£2.2m	£3m	£3.9m	£3.8m	£3.8m
Employees (average)	37	42	47	45	33
Ratios
Profit margin	3.6%	3.4%	1.7%	1.6%	1.2%
Gross margin	12%	12.4%	11.9%	11.8%	12.1%
Revenue per employee	£1m	£1.2m	£1.1m	£1.1m	£1.5m
Profit per employee	£36.4k	£41.6k	£18.8k	£17.5k	£18.1k
Cash conversion	87.4%	−137.6%	−100%	−271%	−216.2%
Growth (year on year)
Revenue growth	—	▲36.4%	▲1.8%	▼4.7%	▼0.2%
Profit growth	—	▲29.6%	▼49.5%	▼10.9%	▼24.2%
Headcount growth	—	▲13.5%	▲11.9%	▼4.3%	▼26.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£48.9k	£160k	£30.4k	£1.7m	£410k
Net assets	£3.5m	£4.3m	£4.2m	£4.2m	£1.6m
Fixed assets	£100k	£61.5k	£41.9k	£35k	£32.5k
Current assets	£8.4m	£10.3m	£10.1m	£9.9m	£9.5m
Debtors	£7.7m	£8m	£7.9m	£6.6m	£8.4m
Deferred income	£1.5m	£3.2m	£2.9m	£3.2m	£4.6m
Cash from operations	£1.4m	−£3.1m	−£1.1m	−£2.6m	−£1.8m
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 1.2%; Profit ÷ revenue.
Gross margin: 12.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.5m; Revenue ÷ average employees.
Profit per employee: £18.1k; Profit ÷ average employees.
Cash conversion: −216.2%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 9.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.9%; 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: ▼61%; Now £1.6m
Cash at bank: ▼75%; Now £410k
Headcount: ▼27%; Now 33
Deferred income: ▲41%; Now £4.6m
Fixed assets: ▼7%; Now £32.5k

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

Keystream Human Capital Limitedultimate parent75–100%
Keystream Group Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (2)

Keystream Consulting LimitedFigures not disclosed
Keystream Holdings LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £596k), from the Companies House accounts bulk data published Sep 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.