FRANK KEY (NOTTINGHAM) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-15 (in 6mo)
Last made up 2025-11-01
Watchouts
None on the register
Cash
£490K
-46.9% lowest in 5 filed years
Net assets
£11M
-2.4% vs 2023
Employees
120
-4.8% lowest in 5 filed years
Profit before tax
£308K
-63% lowest in 5 filed years
Net assets
8-year trend · vs Consumer Discretionary median
Accounts
8-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | £20,001,039 | — | £26,614,271 | £27,891,423 | — | £25,629,178 | £24,418,949 | |
| Operating profit | — | £854,262 | — | £1,814,770 | £1,726,122 | — | £904,840 | £428,177 | |
| Profit before tax | — | £845,423 | — | £1,786,304 | £1,678,099 | — | £832,718 | £308,017 | |
| Net profit | — | £713,798 | — | £1,451,597 | £1,383,643 | — | £594,363 | £199,161 | |
| Cash | — | £1,758,541 | — | £1,578,666 | £1,577,320 | — | £921,765 | £489,888 | |
| Total assets less current liabilities | — | £9,301,698 | — | £10,284,805 | £11,694,926 | — | £11,785,883 | £12,546,854 | |
| Net assets | — | £7,939,327 | — | £9,282,924 | £10,666,567 | — | £10,898,101 | £10,632,911 | |
| Equity | £7,345,529 | £7,939,327 | £7,939,327 | £9,282,924 | £10,666,567 | £10,666,609 | £10,898,101 | £10,632,911 | |
| Average employees | — | 129 | — | 135 | 130 | — | 126 | 120 | |
| Wages | — | £3,861,791 | — | £4,138,490 | £4,096,478 | — | £4,025,583 | £4,168,014 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | 4.3% | — | 6.8% | 6.2% | — | 3.5% | 1.8% | |
| Net margin | — | 3.6% | — | 5.5% | 5.0% | — | 2.3% | 0.8% | |
| Return on capital employed | — | 9.2% | — | 17.6% | 14.8% | — | 7.7% | 3.4% | |
| Current ratio | — | — | — | — | — | — | 2.61x | 2.63x | |
| Interest cover | — | 94.74x | — | 63.40x | 34.17x | — | 11.29x | 3.11x |
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
- Standalone (parent only)
- 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 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.”
Significant events
- “2024 represented a challenging year for the company and the wider Frank Key Group.”
- “The wider sector struggled in 2024, with volumes falling, as well as deflation in both the purchase and selling prices of building materials.”
- “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 total) has had a material impact on this year's financial statements, impacting the balance sheet, reserves and net profit achieved.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NORTON, James Victor | Secretary | 2005-08-01 | — | British |
| MEEKS, Richard Brian | Director | 2022-10-31 | Mar 1980 | British |
| NORTON, James Victor | Director | 2006-02-20 | May 1980 | British |
| SANSOM, Benjamin James William | Director | 2022-10-31 | Apr 1989 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COLSON, Mary Patricia | Secretary | 2004-12-10 | 2005-08-01 |
| WHITCHURCH, John Ernest | Secretary | — | 2004-12-09 |
| OSTROWSKY WESTON, Stephen Russell | Director | 2006-02-20 | 2018-03-31 |
| SANSOM, Joan | Director | — | 2004-11-13 |
| SANSOM, Robert Michael | Director | — | 2022-10-31 |
| SANSOM, Susan Erica | Director | 2010-07-01 | 2022-10-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Frank Key Group Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 125 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-11-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-05 | AA | accounts | Accounts with accounts type full | |
| 2024-03-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-11-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-29 | AA | accounts | Accounts with accounts type full | |
| 2022-11-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-03 | AP01 | officers | Appoint person director company with name date | |
| 2022-11-03 | AP01 | officers | Appoint person director company with name date | |
| 2022-11-03 | TM01 | officers | Termination director company with name termination date | |
| 2022-11-03 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-30 | AA | accounts | Accounts with accounts type full | |
| 2022-06-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-11-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-10 | AA | accounts | Accounts with accounts type full | |
| 2021-01-04 | AA | accounts | Accounts with accounts type full | |
| 2020-11-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-11-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-07 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-4.7%
£25,629,178 £24,418,949
-
Cash
-46.9%
£921,765 £489,888
lowest in 5 filed years
-
Net assets
-2.4%
£10,898,101 £10,632,911
-
Employees
-4.8%
126 120
lowest in 5 filed years
-
Operating profit
-52.7%
£904,840 £428,177
lowest in 5 filed years
-
Profit before tax
-63%
£832,718 £308,017
lowest in 5 filed years
-
Wages
+3.5%
£4,025,583 £4,168,014
highest in 5 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers