Keepsafe Realisations Limited
Registered name: KEEPSAFE REALISATIONS LIMITED
Keepsafe Realisations Limited made £11.5m revenue and a £924k loss in the year to 31 Mar 2023.
Keepsafe Realisations Limited’s revenue fell 15% to £11.5m in the year to 31 Mar 2023, with a loss of £924k and 466 employees. The company is classified under “activities of other holding companies” and is based in Manchester; we hold 2 years of its filed accounts.
- Status
- In Administration
- Location
- Manchester, North West
- Age
- 13 yrs · since 2013
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £13.6m | £11.5m |
| Cost of sales | £10.7m | £9m |
| Gross profit | £3m | £2.6m |
| Operating profit | −£393k | −£1.2m |
| Profit before tax | −£399k | −£1.2m |
| Profit after tax | −£233k | −£924k |
| Profit (best available) | −£233k | −£924k |
| Staff costs | £11.1m | £9.8m |
| Employees (average) | — | 466 |
| Ratios | ||
| Profit margin | −1.7% | −8% |
| Gross margin | 21.7% | 22.4% |
| Revenue per employee | — | £24.8k |
| Profit per employee | — | −£2k |
| Growth (year on year) | ||
| Revenue growth | — | ▼15.2% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £33.2k | £111k |
| Net assets | £1.5m | £615k |
| Fixed assets | £580k | £443k |
| Current assets | £3.3m | £4.2m |
| Debtors | £2.3m | £1m |
| Deferred income | £407k | £439k |
| Cash from operations | £457k | −£721k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 |
How the business works
- Profit margin
- −8%
- Profit ÷ revenue.
- Gross margin
- 22.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £24.8k
- Revenue ÷ average employees.
- Profit per employee
- −£2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 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
- ▼60%
- Now £615k
- Cash at bank
- ▲234%
- Now £111k
- Headcount
- —
- Now 466
- Deferred income
- ▲8%
- Now £439k
- Fixed assets
- ▼24%
- Now £443k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Minority corporate shareholders
- Kmb Holding (registered outside the UK register) 25–50%
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2023 (profit −£924k), from the Companies House accounts bulk data published Dec 2023. 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.