Kelda Finance (NO.1) Limited
Registered name: KELDA FINANCE (NO.1) LIMITED
Part of Kelda Eurobond Co Limited groupKelda Finance (NO.1) Limited made £1.6bn revenue and £72.6m profit in the year to 31 Mar 2026.
Kelda Finance (NO.1) Limited’s revenue grew 26% to £1.6bn in the year to 31 Mar 2026, with £72.6m profit and 4,481 employees. The company is classified under “financial management” and is based in Leeds; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Leeds, Yorkshire and The Humber
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £1.2bn | £1.3bn | £1.6bn |
| Operating profit | £247m | £322m | £473m |
| Profit before tax | £88.2m | £406m | £101m |
| Profit after tax | £62.5m | £301m | £72.6m |
| Profit (best available) | £62.5m | £301m | £72.6m |
| Employees (average) | — | 3,876 | 4,481 |
| Ratios | |||
| Profit margin | 5.1% | 23.1% | 4.4% |
| Revenue per employee | — | £336k | £367k |
| Profit per employee | — | £77.6k | £16.2k |
| Growth (year on year) | |||
| Revenue growth | — | ▲5.5% | ▲26.2% |
| Profit growth | — | ▲381% | ▼75.8% |
| Headcount growth | — | — | ▲15.6% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Aug 2025 | Accounts · bulk data Aug 2025 | Accounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 4.4%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £367k
- Revenue ÷ average employees.
- Profit per employee
- £16.2k
- 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.
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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲16%
- Now 4,481
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Kelda Eurobond Co Limitedultimate parent75–100%
- Kelda Group Limited75–100%
- Kelda Finance (NO.1) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Kelda Finance (NO.2) LimitedFigures not disclosed
Sister companies (9)
- Kelda Group Pension Trustees LimitedFigures not disclosed
- Kelda LimitedFigures not disclosed
- Kelda Transport Management LimitedFigures not disclosed
- Kelda Water Services LimitedFigures not disclosed
- Keyland Developments LimitedFigures not disclosed
- Loop Customer Management LimitedFigures not disclosed
- Saltaire Water LimitedFigures not disclosed
- Three Sixty Water LimitedFigures not disclosed
- Yorkshire Water LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2026 (profit £72.6m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 14 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.