How much does Kireto Ltd make?

Kireto Ltd reported revenue of £45.1k and £2k profit in the year to 31 May 2024, according to its accounts filed at Companies House.

How many employees does Kireto Ltd have?

Kireto Ltd reported an average of 2 employees in the year to 31 May 2024.

Is Kireto Ltd profitable?

Yes — Kireto Ltd reported a profit of £2k in the year to 31 May 2024.

Company No. 10772244 · Incorporated 16 May 2017

Kireto Ltd

Registered name: KIRETO LTD

Kireto Ltd made £45.1k revenue and £2k profit in the year to 31 May 2024.

Kireto Ltd’s revenue fell 16% to £45.1k in the year to 31 May 2024, with £2k profit and 2 employees. The company is classified under “freight transport by road” and is based in Pontypool; we hold 2 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49410Freight transport by road

Status: Active - Proposal to Strike off
Location: Pontypool, Wales
Age: 9 yrs · since 2017
Type: Private Limited Company

Latest accounts · year to 31 May 2024

Key figures

IndependentSmall teamBoring industry

Revenue

£45.1k

Growth ▼15.8%

Profit

£2k

Growth ▲4.2%

Profit margin

4.5%

Gross 74.3%

Employees

Change 0%

Profit / employee

£1k

Revenue/employee £22.5k

Profitable streak

2yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 May 2023	31 May 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£53.5k	£45.1k
Cost of sales	£19k	£11.6k
Gross profit	£34.5k	£33.5k
Operating profit	£2.4k	£2.5k
Profit before tax	£2.4k	£2.5k
Profit after tax	£1.9k	£2k
Profit (best available)	£1.9k	£2k
Employees (average)	2	2
Ratios
Profit margin	3.6%	4.5%
Gross margin	64.5%	74.3%
Revenue per employee	£26.8k	£22.5k
Profit per employee	£972	£1k
Growth (year on year)
Revenue growth	—	▼15.8%
Profit growth	—	▲4.2%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£34.9k	£38.8k
Net assets	£9.6k	£10.6k
Current assets	£34.9k	£38.8k
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: 4.5%; Profit ÷ revenue.
Gross margin: 74.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £22.5k; Revenue ÷ average employees.
Profit per employee: £1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; 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.

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: ▲11%; Now £10.6k
Cash at bank: ▲11%; Now £38.8k
Headcount: 0%; Now 2
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2024 (profit £2k), from the Companies House accounts bulk data published Dec 2024. 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.