Ian a Kernohan (Ni) Limited
Registered name: IAN A KERNOHAN (NI) LIMITED
Ian a Kernohan (Ni) Limited made £12.4m revenue and £76.7k profit in the year to 31 May 2025.
Ian a Kernohan (Ni) Limited’s revenue grew 15% to £12.4m in the year to 31 May 2025, with £76.7k profit and 35 employees. The company is classified under “wholesale of radio, television goods & electrical household appliances (other than records, tapes, cd's & video tapes and the equipment used for playing them)” and is based in Conlig; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Conlig, Northern Ireland
- Age
- 40 yrs · since 1986
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £16.8m | £11.7m | £10.8m | £12.4m |
| Cost of sales | £13.5m | £9m | £8.2m | £9.7m |
| Gross profit | £3.2m | £2.7m | £2.6m | £2.7m |
| Operating profit | £770k | £239k | £123k | £92.7k |
| Profit before tax | £766k | £239k | £137k | £115k |
| Profit after tax | £609k | £199k | £92k | £76.7k |
| Profit (best available) | £609k | £199k | £92k | £76.7k |
| Staff costs | £2m | £1.9m | £1.8m | £1.9m |
| Employees (average) | 33 | 34 | 34 | 35 |
| Ratios | ||||
| Profit margin | 3.6% | 1.7% | 0.9% | 0.6% |
| Gross margin | 19.3% | 23.2% | 23.9% | 21.8% |
| Revenue per employee | £509k | £345k | £318k | £355k |
| Profit per employee | £18.5k | £5.9k | £2.7k | £2.2k |
| Cash conversion | 141.7% | −213.8% | −18.3% | 396.1% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼30.2% | ▼7.7% | ▲15% |
| Profit growth | — | ▼67.3% | ▼53.8% | ▼16.6% |
| Headcount growth | — | ▲3% | 0% | ▲2.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.5m | £1.8m | £1.7m | £1.9m |
| Net assets | £3.6m | £3.8m | £3.9m | £4m |
| Fixed assets | £1m | £986k | £956k | £1m |
| Current assets | £6.6m | £5.4m | £5.4m | £5.8m |
| Debtors | £2.1m | £1.2m | £1.2m | £1.6m |
| Deferred income | £650k | £496k | £289k | £337k |
| Cash from operations | £1.1m | −£511k | −£22.5k | £367k |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 0.6%
- Profit ÷ revenue.
- Gross margin
- 21.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £355k
- Revenue ÷ average employees.
- Profit per employee
- £2.2k
- Profit ÷ average employees.
- Cash conversion
- 396.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 8.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.7%
- 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
- ▲2%
- Now £4m
- Cash at bank
- ▲14%
- Now £1.9m
- Headcount
- ▲3%
- Now 35
- Deferred income
- ▲17%
- Now £337k
- Fixed assets
- ▲5%
- Now £1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- E P E International LimitedBradford · Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)
- Revenue
- £12.5m
- Profit
- £165k
- Staff
- 40
- Electrical Wholesale Systems LimitedDeal · Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)
- Revenue
- £11.9m
- Profit
- £201k
- Staff
- 43
- Jura Products LimitedColne · Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)
- Revenue
- £13.4m
- Profit
- £239k
- Staff
- 46
- Ninehundred Communications Group LimitedDoncaster · Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)
- Revenue
- £13.9m
- Profit
- £1.4m
- Staff
- 97
- Roborock Technology (UK) Co., LtdLondon · Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)
- Revenue
- £13.9m
- Profit
- £784k
- Staff
- —
- Refrigeration Norwest(Chester) LimitedHawarden Deeside · Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)
- Revenue
- £14.2m
- Profit
- £1.1m
- Staff
- 27
Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £76.7k), from the Companies House accounts bulk data published Feb 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.