Key Ring Lettings CIC
Registered name: KEY RING LETTINGS CIC
Key Ring Lettings CIC made £30.9k revenue and a £19.1k loss in the year to 31 Mar 2025.
Key Ring Lettings CIC’s revenue fell 2% to £30.9k in the year to 31 Mar 2025, with a loss of £19.1k and 2 employees. The company is classified under “management of real estate on a fee or contract basis” and is based in Shepton Mallet; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Shepton Mallet, South West
- Age
- 13 yrs · since 2013
- Type
- Community Interest Company
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) | £52.7k | £35.3k | £31.4k | £30.9k |
| Cost of sales | £0 | £0 | £0 | £0 |
| Gross profit | £52.7k | £35.3k | £31.4k | £30.9k |
| Operating profit | £7.8k | −£40k | −£38.1k | −£19.1k |
| Profit before tax | £7.8k | −£40k | −£38.1k | −£19.1k |
| Profit after tax | £6.3k | −£40k | −£38.1k | −£19.1k |
| Profit (best available) | £6.3k | −£40k | −£38.1k | −£19.1k |
| Employees (average) | 2 | 2 | 2 | 2 |
| Ratios | ||||
| Profit margin | 11.9% | −113.4% | −121.3% | −61.6% |
| Gross margin | 100% | 100% | 100% | 100% |
| Revenue per employee | £26.3k | £17.6k | £15.7k | £15.5k |
| Profit per employee | £3.1k | −£20k | −£19.1k | −£9.5k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼33.1% | ▼10.9% | ▼1.5% |
| Profit growth | — | ▼738.8% | — | — |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £63.7k | £87.4k | £79.5k | £86.1k |
| Net assets | £31.3k | −£8.7k | −£46.8k | −£65.9k |
| Fixed assets | £537 | £403 | £302 | £227 |
| Current assets | £64.9k | £87.4k | £79.5k | £86.1k |
| Debtors | £0 | £0 | £0 | — |
| Deferred income | £32.6k | £96.6k | £127k | — |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Aug 2025 |
How the business works
- Profit margin
- −61.6%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £15.5k
- Revenue ÷ average employees.
- Profit per employee
- −£9.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.7%
- 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 −£65.9k
- Cash at bank
- ▲8%
- Now £86.1k
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- ▼25%
- Now £227
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£19.1k), from the Companies House accounts bulk data published Aug 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.