How much does K&G Distribution Ltd make?

K&G Distribution Ltd reported revenue of £17.1m and £1.1m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does K&G Distribution Ltd have?

K&G Distribution Ltd reported an average of 56 employees in the year to 31 Dec 2024.

Is K&G Distribution Ltd profitable?

Yes — K&G Distribution Ltd reported a profit of £1.1m in the year to 31 Dec 2024.

Company No. 10410724 · Incorporated 5 Oct 2016

K&G Distribution Ltd

Registered name: K&G DISTRIBUTION LTD

Part of Ipcom Nv group

K&G Distribution Ltd made £17.1m revenue and £1.1m profit in the year to 31 Dec 2024. read from filing text

K&G Distribution Ltd’s revenue grew 3% to £17.1m in the year to 31 Dec 2024, with £1.1m profit and 56 employees. The company is classified under “agents involved in the sale of timber and building materials” and is based in North Shields; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46130Agents involved in the sale of timber and building materials SIC 96090Other service activities n.e.c.

Status: Active
Location: North Shields, North East
Age: 10 yrs · since 2016
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: “By virtue of their combined majority shareholding, the directors control the company.”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightOperating leverageCash flow filed

Revenue

£17.1m

Growth ▲2.8%

Profit

£1.1m

Growth ▲3.3%

Profit margin

6.3%

Gross 32.6%

Employees

Change ▲16.7%

Profit / employee

£19.1k

Revenue/employee £305k

Profitable streak

3yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£13.4m	£16.6m	£17.1m
Cost of sales	£9.3m	£11.7m	£11.5m
Gross profit	£4.1m	£4.9m	£5.6m
Operating profit	£1.6m	£1.5m	£1.4m
Profit before tax	£1.6m	£1.5m	£1.4m
Profit after tax	£1.3m	£1m	£1.1m
Profit (best available)	£1.3m	£1m	£1.1m
Staff costs	£1.7m	£2.3m	£2.9m
Employees (average)	42	48	56
Ratios
Profit margin	9.9%	6.2%	6.3%
Gross margin	30.6%	29.5%	32.6%
Revenue per employee	£320k	£346k	£305k
Profit per employee	£31.7k	£21.6k	£19.1k
Cash conversion	−35.2%	−91.3%	−41.5%
Growth (year on year)
Revenue growth	—	▲23.7%	▲2.8%
Profit growth	—	▼22.1%	▲3.3%
Headcount growth	—	▲14.3%	▲16.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£181k	£656k	£440k
Net assets	£4.9m	£5.8m	£6.8m
Fixed assets	£530k	£737k	£882k
Current assets	£7.9m	£9m	£10m
Debtors	£4.3m	£5m	£5.4m
Deferred income	£190k	£239k	£322k
Cash from operations	−£579k	−£1.4m	−£583k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 6.3%; Profit ÷ revenue.
Gross margin: 32.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £305k; Revenue ÷ average employees.
Profit per employee: £19.1k; Profit ÷ average employees.
Cash conversion: −41.5%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 31.8%; 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: ▲16%; Now £6.8m
Cash at bank: ▼33%; Now £440k
Headcount: ▲17%; Now 56
Deferred income: ▲35%; Now £322k
Fixed assets: ▲20%; Now £882k

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

Ipcom Nv (registered outside the UK register)ultimate parent75–100%
Ipcom United Kingdom Limited75–100%
Isopartner UK Limited75–100%
K&G Distribution Ltdthis company

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

Subsidiaries (3)

Industrial Procurement Solutions LimitedFigures not disclosed
Insulation Energy Solutions LimitedFigures not disclosed
Tinman Supplies LtdFigures not disclosed

Sister companies (5)

Behling Insulation Supplies LtdFigures not disclosed
Dam Holdco LimitedFigures not disclosed
Insulation & Buoyancy Services LimitedFigures not disclosed
Keithya LimitedFigures not disclosed
Mwi Holdings LtdFigures 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 2024 (profit £1.1m), from the Companies House accounts bulk data published Sep 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.