FRANK KEY HOLDINGS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-09 (in 7mo)
Last made up 2025-11-25
Watchouts
None on the register
Cash
£975K
-37% vs 2023
Net assets
£9M
-3.6% vs 2023
Employees
194
-3.5% vs 2023
Profit before tax
£247K
-75.2% vs 2023
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-11-25 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £32,183,980 | £31,048,275 | |
| Operating profit | — | — | — | £1,138,082 | £413,664 | |
| Profit before tax | — | — | — | £996,207 | £246,709 | |
| Net profit | — | £0 | — | £722,890 | £131,966 | |
| Cash | — | — | — | £1,547,600 | £975,231 | |
| Total assets less current liabilities | — | £3,592,000 | — | £12,631,440 | £12,510,320 | |
| Net assets | — | £1,000,000 | — | £9,289,632 | £8,957,247 | |
| Equity | — | £1,000,000 | £1,000,000 | £9,289,632 | £8,957,247 | |
| Average employees | 0 | 0 | — | 201 | 194 | |
| Wages | — | — | — | £6,038,410 | £6,300,675 | |
| Directors' remuneration | — | — | — | £264,356 | £254,146 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-3.5%
£32,183,980 £31,048,275
-
Cash
-37%
£1,547,600 £975,231
-
Net assets
-3.6%
£9,289,632 £8,957,247
-
Employees
-3.5%
201 194
-
Operating profit
-63.7%
£1,138,082 £413,664
-
Profit before tax
-75.2%
£996,207 £246,709
-
Wages
+4.3%
£6,038,410 £6,300,675
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-11-25 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 3.5% | 1.3% | |
| Net margin | — | — | — | 2.2% | 0.4% | |
| Return on capital employed | — | — | — | 9.0% | 3.3% | |
| Gearing (liabilities / total assets) | — | — | — | 48.0% | 49.5% | |
| Current ratio | — | — | — | 1.70x | 1.53x | |
| Interest cover | — | — | — | 7.59x | 2.24x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- PKF Smith Cooper Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- FRANK KEY HOLDINGS LIMITED · parent
- Frank Key Group Limited 100%
- Frank Key (Nottingham) Limited 100%
- Frank Key Tool Hire Limited 100%
- Frank Key (Bulwell) Limited 100%
- Charles Watson (Ironmongers) Limited 100%
- The Builders Centre (Sheffield) Limited 100%
- Robert M Sansom Plant Limited 100%
- Sinbad Tools Limited 100%
- C. Bancroft Limited 100%
- Clower & Sons (Builders Merchants) Limited 100%
Significant events
- “During the year, we completed a rebuild of our main, head office location. This has future-proofed the location and created a first-class site to facilitate future growth, accommodating the needs of the modern builder and DIY customer. The size of this investment (approaching £3m in total) has had a material impact on this year's financial statements, impacting the balance sheet, reserves and net profit achieved.”
- “Subsequent to the signing of the financial statements for the year ended 31 December 2023, a number of errors in the valuation of closing stock within subsidary Frank Key (Nottingham) Limited were discovered. This resulted in an overstatement of stock and profits of £114,702.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MEEKS, Victoria Kate | Director | 2021-11-26 | Jul 1985 | British |
| NORTON, James Victor | Director | 2021-11-26 | May 1980 | British |
| SANSOM, Benjamin James William | Director | 2021-11-26 | Apr 1989 | British |
| SANSOM, Robert Michael | Director | 2022-10-31 | Dec 1946 | British |
| SANSOM, Susan Erica | Director | 2022-10-31 | Dec 1958 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Susan Erica Sansom | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2022-03-22 | Active |
| Mr Robert Michael Sansom | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2022-03-22 | Active |
| Mr Benjamin James William Sansom | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2021-11-26 | Ceased 2022-03-22 |
| Mrs Victoria Kate Meeks | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2021-11-26 | Ceased 2022-03-22 |
| Mr James Victor Norton | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2021-11-26 | Ceased 2022-03-22 |
Filing timeline
Last 20 of 27 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-04-19 MA Memorandum articles
- 2022-04-14 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-16 | RP04PSC01 | persons-with-significant-control | Second filing notification of a person with significant control | |
| 2025-12-15 | CH01 | officers | Change person director company with change date | |
| 2025-12-15 | RP04PSC01 | persons-with-significant-control | Second filing notification of a person with significant control | |
| 2025-09-30 | AA | accounts | Accounts with accounts type group | |
| 2025-01-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-05 | AA | accounts | Accounts with accounts type group | |
| 2024-03-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-03-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-01-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-02 | AA | accounts | Accounts with accounts type group | |
| 2023-09-29 | AA01 | accounts | Change account reference date company previous extended | |
| 2023-01-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-11-10 | AP01 | officers | Appoint person director company with name date | |
| 2022-11-10 | AP01 | officers | Appoint person director company with name date | |
| 2022-04-19 | MA | incorporation | Memorandum articles | |
| 2022-04-14 | RESOLUTIONS | resolution | Resolution | |
| 2022-04-13 | SH08 | capital | Capital name of class of shares | |
| 2022-04-12 | SH01 | capital | Capital allotment shares | |
| 2022-04-12 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.