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Company No. 09743406 · Incorporated 21 Aug 2015

Kegstar Limited

Registered name: KEGSTAR LIMITED

Part of Microstar UK Holdco Limited group

Kegstar Limited made £14.4m revenue and a £5.3m loss in the year to 31 Dec 2024. read from filing text

Kegstar Limited’s revenue was £14.4m in the year to 31 Dec 2024, with a loss of £5.3m and 15 employees. The company is classified under “renting and leasing of other machinery, equipment and tangible goods” and is based in Milton Keynes; we hold 3 years of its filed accounts.

Full profit & loss filedSection N · Administrative and support servicesSIC 77390Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Status
Active
Location
Milton Keynes, South East
Age
11 yrs · since 2015
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. From the filing: “The immediate parent undertaking is Microstar UK Holdco Limited, which is incorporated in the UK. The registered address of Microstar UK Holdco Limited is 3rd Floor, 1 Ashley Road, Altrincham, Cheshir”

Latest accounts · year to 31 Dec 2024

Key figures

Boring industry
Revenue
£14.4m
Growth ▼0.3%
Profit
−£5.3m
Growth —
Profit margin
−37%
Gross 23.3%
Employees
15
Change ▲36.4%
Profit / employee
−£354k
Revenue/employee £957k
Profitable streak
0yrs
Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureProfit & lossread from filing textProfit & lossread from filing textProfit & lossread from filing text
Profit & loss
Revenue (turnover)£14.2m£14.4m£14.4m
Cost of sales£9.9m£11.5m£11m
Gross profit£4.3m£2.9m£3.3m
Operating profit£337k£2.1m−£1.5m
Profit before tax−£905k−£1.2m−£6.2m
Profit after tax£320k−£1.1m−£5.3m
Profit (best available)£320k−£1.1m−£5.3m
Staff costs£1.3m£955k£1.4m
Employees (average)111115
Ratios
Profit margin2.3%−7.8%−37%
Gross margin30.4%19.8%23.3%
Revenue per employee£1.3m£1.3m£957k
Profit per employee£29.1k−£103k−£354k
Growth (year on year)
Revenue growth—▲1.4%▼0.3%
Profit growth—▼452.2%—
Headcount growth—0%▲36.4%
Balance sheet — indirect signals, not revenue
Cash at bank£1.8m£1.1m£555k
Net assets£18.4m£17.2m£11.9m
Fixed assets£38.9m£46.5m£49.1m
Current assets£5.4m£6.5m£8m
Debtors£1.6m£2.7m£2.8m
Deferred income£346k£226k£2.3m
SourceFullAccounts · bulk data Jan 2025FullAccounts · bulk data Jan 2025FullAccounts · bulk data May 2025
Derived from the latest filing

How the business works

Profit margin
−37%
Profit ÷ revenue.
Gross margin
23.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£957k
Revenue ÷ average employees.
Profit per employee
−£354k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
342.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
16.4%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
19.6%
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
▼31%
Now £11.9m
Cash at bank
▼49%
Now £555k
Headcount
▲36%
Now 15
Deferred income
▲940%
Now £2.3m
Fixed assets
▲6%
Now £49.1m

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

  1. Microstar UK Holdco Limitedultimate parent75–100%
  2. Kegstar Limitedthis company

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

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£5.3m), from the Companies House accounts bulk data published May 2025. Spotted an error? Request a correction.