How much does Kivells Limited make?

Kivells Limited reported revenue of £9.9m and £2.8m profit in the year to 30 Jun 2025, according to its accounts filed at Companies House.

How many employees does Kivells Limited have?

Kivells Limited reported an average of 130 employees in the year to 30 Jun 2025.

Is Kivells Limited profitable?

Yes — Kivells Limited reported a profit of £2.8m in the year to 30 Jun 2025.

Company No. 08519705 · Incorporated 8 May 2013

Kivells Limited

Registered name: KIVELLS LIMITED

Part of Kivells Trustees Limited group

Kivells Limited made £9.9m revenue and £2.8m profit in the year to 30 Jun 2025. read from filing text

Kivells Limited’s revenue grew 17% to £9.9m in the year to 30 Jun 2025, with £2.8m profit and 130 employees. The company is classified under “agents selling agricultural raw materials, livestock, textile raw materials and semi-finished goods” and is based in Exeter; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46110Agents selling agricultural raw materials, livestock, textile raw materials and semi-finished goods

Status: Active
Location: Exeter, South West
Age: 13 yrs · since 2013
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.

Latest accounts · year to 30 Jun 2025

Key figures

Capital-lightOperating leverageDoing more with less

Revenue

£9.9m

Growth ▲16.8%

Profit

£2.8m

Growth ▲101.1%

Profit margin

28.5%

Gross 95.1%

Employees

130

Change ▼9.7%

Profit / employee

£21.7k

Revenue/employee £76.4k

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 to	30 Jun 2022	30 Jun 2023	30 Jun 2024	30 Jun 2025
Disclosure	Full P&L	Full P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£7.9m	£8m	£8.5m	£9.9m
Cost of sales	£393k	£401k	£457k	£489k
Gross profit	£7.5m	£7.6m	£8m	£9.4m
Operating profit	£1.9m	£852k	£1.6m	£3.5m
Profit before tax	£1.9m	£953k	£1.9m	£3.8m
Profit after tax	£1.5m	£680k	£1.4m	£2.8m
Profit (best available)	£1.5m	£680k	£1.4m	£2.8m
Staff costs	£2.8m	£3m	£3.1m	£3.1m
Employees (average)	160	140	144	130
Ratios
Profit margin	18.7%	8.5%	16.5%	28.5%
Gross margin	95%	95%	94.6%	95.1%
Revenue per employee	£49.2k	£56.9k	£59k	£76.4k
Profit per employee	£9.2k	£4.9k	£9.8k	£21.7k
Growth (year on year)
Revenue growth	—	▲1.2%	▲6.7%	▲16.8%
Profit growth	—	▼53.7%	▲106.8%	▲101.1%
Headcount growth	—	▼12.5%	▲2.9%	▼9.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.3m	£5.3m	£6.1m	£2.1m
Net assets	£5.3m	£5.5m	£6.4m	£5m
Fixed assets	£733k	£302k	£206k	£187k
Current assets	£10.3m	£10.9m	£11.8m	£11.1m
Debtors	£4.7m	£5.4m	£5.5m	£7.4m
Deferred income	£432k	£396k	£388k	£324k
Source	Accounts · bulk data Mar 2024	Accounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 28.5%; Profit ÷ revenue.
Gross margin: 95.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £76.4k; Revenue ÷ average employees.
Profit per employee: £21.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 74.6%; 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: ▼22%; Now £5m
Cash at bank: ▼65%; Now £2.1m
Headcount: ▼10%; Now 130
Deferred income: ▼17%; Now £324k
Fixed assets: ▼9%; Now £187k

Corporate ownership

Group structure

Ownership chain

Kivells Trustees Limitedultimate parent50–75%
Kivells Limitedthis company

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

Subsidiaries (1)

Kivell & Sons (Auctioneers)Figures 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 30 Jun 2025 (profit £2.8m), from the Companies House accounts bulk data published Dec 2025. 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.