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Company No. 03744062 · Incorporated 26 Mar 1999

Keel Toys Limited

Registered name: KEEL TOYS LIMITED

Keel Toys Limited made £28.2m revenue and £1.9m profit in the year to 31 Mar 2025.

Keel Toys Limited’s revenue fell 5% to £28.2m in the year to 31 Mar 2025, with £1.9m profit and 58 employees. The company is classified under “manufacture of other games and toys,” and is based in Ashford; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 32409Manufacture of other games and toys, n.e.c.
Status
Active
Location
Ashford, South East
Age
27 yrs · since 1999
Type
Private Limited Company
Latest accounts · year to 31 Mar 2025

Key figures

IndependentCash flow filed
Revenue
£28.2m
Growth ▼4.5%
Profit
£1.9m
Growth ▼21.2%
Profit margin
6.8%
Gross 32.8%
Employees
58
Change ▲1.8%
Profit / employee
£33.2k
Revenue/employee £487k
Profitable streak
4yrs
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£21.7m£27.4m£29.6m£28.2m
Cost of sales£13.2m£17.9m£19.9m£19m
Gross profit£8.5m£9.5m£9.7m£9.3m
Operating profit£1.9m£3.6m£3.7m£3.1m
Profit before tax£1.6m£3.2m£3.3m£2.6m
Profit after tax£191k£2.6m£2.4m£1.9m
Profit (best available)£191k£2.6m£2.4m£1.9m
Staff costs£5.7m£5.9m£7.6m£7.4m
Employees (average)53565758
Ratios
Profit margin0.9%9.4%8.3%6.8%
Gross margin39%34.6%32.8%32.8%
Revenue per employee£410k£490k£519k£487k
Profit per employee£3.6k£46.3k£42.8k£33.2k
Cash conversion158.4%47.4%178.2%146.6%
Growth (year on year)
Revenue growth—▲26.3%▲7.8%▼4.5%
Profit growth—▲1256%▼5.7%▼21.2%
Headcount growth—▲5.7%▲1.8%▲1.8%
Balance sheet — indirect signals, not revenue
Cash at bank£2.8m£1.8m£5.7m£7.3m
Net assets£13.2m£13.8m£14.3m£14.2m
Fixed assets£13.3m£13.5m£13.6m£13.8m
Current assets£9.8m£12.3m£15.1m£16.7m
Debtors£3.2m£3.5m£4.6m£3.1m
Deferred income£2.1m£2m£2.9m£2.8m
Cash from operations£3m£1.7m£6.6m£4.5m
SourceAccounts · bulk data Oct 2023Accounts · bulk data Oct 2023FullAccounts · bulk data Nov 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
6.8%
Profit ÷ revenue.
Gross margin
32.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£487k
Revenue ÷ average employees.
Profit per employee
£33.2k
Profit ÷ average employees.
Cash conversion
146.6%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
48.7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
9.9%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
11%
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
▼1%
Now £14.2m
Cash at bank
▲29%
Now £7.3m
Headcount
▲2%
Now 58
Deferred income
▼3%
Now £2.8m
Fixed assets
▲1%
Now £13.8m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.9m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 18 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.