How much does M. Keys Farms Limited make?

M. Keys Farms Limited reported revenue of £37.4m and £3.7m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does M. Keys Farms Limited have?

M. Keys Farms Limited reported an average of 51 employees in the year to 31 Dec 2025.

Is M. Keys Farms Limited profitable?

Yes — M. Keys Farms Limited reported a profit of £3.7m in the year to 31 Dec 2025.

Company No. NI613398 · Incorporated 28 Jun 2012

M. Keys Farms Limited

Registered name: M. KEYS FARMS LIMITED

Part of M. Keys Limited group

M. Keys Farms Limited made £37.4m revenue and £3.7m profit in the year to 31 Dec 2025.

M. Keys Farms Limited’s revenue fell 5% to £37.4m in the year to 31 Dec 2025, with £3.7m profit and 51 employees. The company is classified under “raising of swine/pigs” and is based in Fivemiletown; we hold 2 years of its filed accounts.

Full P&L filedSection A · Agriculture, forestry and fishingSIC 01460Raising of swine/pigs

Status: Active
Location: Fivemiletown, Northern Ireland
Age: 14 yrs · since 2012
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 company is a wholly owned subsidiary of M. Keys Limited, a company incorporated in Northern Ireland. The directors consider Mr M Keys to be the ultimate controlling party.”

Latest accounts · year to 31 Dec 2025

Key figures

Cash flow filed

Revenue

£37.4m

Growth ▼4.7%

Profit

£3.7m

Growth ▼28.7%

Profit margin

9.9%

Gross 23.3%

Employees

Change ▲15.9%

Profit / employee

£72.5k

Revenue/employee £734k

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 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£39.3m	£37.4m
Cost of sales	£29.6m	£28.7m
Gross profit	£9.6m	£8.7m
Operating profit	£6.3m	£4.2m
Profit before tax	£6.2m	£4.2m
Profit after tax	£5.2m	£3.7m
Profit (best available)	£5.2m	£3.7m
Staff costs	£1.8m	£2.3m
Employees (average)	44	51
Ratios
Profit margin	13.2%	9.9%
Gross margin	24.5%	23.3%
Revenue per employee	£892k	£734k
Profit per employee	£118k	£72.5k
Cash conversion	94.5%	86.2%
Growth (year on year)
Revenue growth	—	▼4.7%
Profit growth	—	▼28.7%
Headcount growth	—	▲15.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.9m	£2.5m
Net assets	£15.7m	£17.9m
Fixed assets	£10.1m	£11.5m
Current assets	£17.9m	£17.8m
Debtors	£1.7m	£1.6m
Deferred income	£397k	£322k
Cash from operations	£5.9m	£3.6m
Source	FullAccounts · bulk data Sep 2026	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 9.9%; Profit ÷ revenue.
Gross margin: 23.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £734k; Revenue ÷ average employees.
Profit per employee: £72.5k; Profit ÷ average employees.
Cash conversion: 86.2%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 30.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4.3%; 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: ▲14%; Now £17.9m
Cash at bank: ▲34%; Now £2.5m
Headcount: ▲16%; Now 51
Deferred income: ▼19%; Now £322k
Fixed assets: ▲13%; Now £11.5m

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

M. Keys Limitedultimate parent75–100%
M. Keys Farms Limitedthis company

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

Sister companies (5)

Corbally Farms LimitedRev. £11.3m · Profit £860k
M Keys Transport LtdRev. £10.2m · Profit £341k
Annagh Farms LimitedFigures not disclosed
Castlebrook Farms LimitedFigures not disclosed
KW Farms 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 £3.7m), 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.