Keith Builders Merchants Limited
Registered name: KEITH BUILDERS MERCHANTS LIMITED
Part of KBM 2018 Limited groupKeith Builders Merchants Limited made £10.1m revenue and £38.9k profit in the year to 31 Aug 2025. read from filing text
Keith Builders Merchants Limited’s revenue fell 2% to £10.1m in the year to 31 Aug 2025, with £38.9k profit and 39 employees. The company is classified under “agents involved in the sale of timber and building materials” and is based in Keith; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Keith, Scotland
- Age
- 25 yrs · since 2001
- 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: “KBM 2018 Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £10.6m | £10.4m | £10.3m | £10.1m |
| Cost of sales | £8.8m | £8.7m | £8.3m | £8.2m |
| Gross profit | £1.8m | £1.7m | £2m | £1.9m |
| Operating profit | £628k | £228k | £335k | £56.9k |
| Profit before tax | £653k | £250k | £325k | £56.1k |
| Profit after tax | £535k | £197k | £228k | £38.9k |
| Profit (best available) | £535k | £197k | £228k | £38.9k |
| Staff costs | £1.4m | £1.3m | £1.5m | £1.5m |
| Employees (average) | 42 | 41 | 42 | 39 |
| Ratios | ||||
| Profit margin | 5% | 1.9% | 2.2% | 0.4% |
| Gross margin | 17.2% | 16.2% | 19.1% | 18.7% |
| Revenue per employee | £254k | £254k | £245k | £259k |
| Profit per employee | £12.7k | £4.8k | £5.4k | £998 |
| Growth (year on year) | ||||
| Revenue growth | — | ▼2.3% | ▼1.1% | ▼1.8% |
| Profit growth | — | ▼63.2% | ▲15.9% | ▼83% |
| Headcount growth | — | ▼2.4% | ▲2.4% | ▼7.1% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £94.3k | £114k | £685k | £720k |
| Net assets | £3.5m | £3.5m | £3.6m | £3.5m |
| Fixed assets | £574k | £521k | £351k | £455k |
| Current assets | £6m | £6m | £6.6m | £6.3m |
| Debtors | £1.2m | £1.2m | £1.3m | £1.3m |
| Deferred income | £36.5k | £93.4k | £41.4k | £52.4k |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 0.4%
- Profit ÷ revenue.
- Gross margin
- 18.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £259k
- Revenue ÷ average employees.
- Profit per employee
- £998
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 12.7%
- 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
- ▼1%
- Now £3.5m
- Cash at bank
- ▲5%
- Now £720k
- Headcount
- ▼7%
- Now 39
- Deferred income
- ▲27%
- Now £52.4k
- Fixed assets
- ▲30%
- Now £455k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- KBM 2018 Limitedultimate parent75–100%
- Keith Builders Merchants Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Edithfield Holdings Ltd.Rev. £180k · Profit £252k
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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Sources
Latest figures from FullAccounts for the year to 31 Aug 2025 (profit £38.9k), from the Companies House accounts bulk data published Apr 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.