UK Companies House feature
KELLEX LIMITED
Cash
£8M
+4.7% vs 2024
Net assets
£6M
+13.4% vs 2024
Employees
57
-17.4% vs 2024
Profit before tax
£1M
-41.8% vs 2024
Profile
- Company number
- 01612367
- Status
- Active
- Incorporation
- 1982-02-09
- Last accounts made up
- 2025-02-28
- Account category
- FULL
- Primary SIC
- 52290
Net assets
6-year trend · vs UK Logistics & Mobility median
Accounts
6-year trend · latest 2025-02-28
| Metric | Trend | 2020-02-29 | 2021-02-28 | 2022-02-28 | 2023-02-28 | 2024-02-28 | 2025-02-28 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | £2,153,462 | £1,254,350 | |
| Net profit | — | — | — | — | £1,636,834 | £882,964 | |
| Cash | £2,552,580 | — | — | — | £7,864,014 | £8,231,948 | |
| Total assets less current liabilities | £1,716,644 | — | — | — | £5,696,034 | £6,515,771 | |
| Net assets | £1,716,644 | — | — | — | £5,696,034 | £6,462,046 | |
| Equity | £1,716,644 | — | — | — | £5,696,034 | £6,462,046 | |
| Average employees | 40 | — | — | — | 69 | 57 | |
| Wages | — | — | — | — | £2,271,791 | £2,355,244 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- David Howard
- 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
- “During the financial year ended 28 February 2025, the business experienced the continued influence of external market factors, including fluctuations in the UK housing market and adjustments to immigration policies in key destination countries.”
- “The company continued to invest in digital transformation initiatives, including the rollout of new operational and sales support portals to improve efficiency and customer service.”
- “International migration levels remained historically high, sustaining demand for relocation services, while housing transactions in the UK showed signs of recovery in the second half of the year.”
- “The company's turnover decreased by 3.88% compared to the prior year, which reflected lower average customer spend in financial Q1. This decrease in Q1 also had a slight impact on the gross profit margin.”
- “Trade debtors were reduced by 45% in the 2024 accounts, and we are pleased to report that this positive trend continued in 2025 with a further 32% reduction compared to the previous year. Trade creditors in 2025 was marginally higher from the previous year, however trade creditors and other payables was reduced by 19% from the previous year. Both positive indicators of strengthened financial controls and working capital management.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
6 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WITHAM, Nicholas John | Secretary | — | — | British |
| MOYNES, John | Director | 2018-09-18 | Feb 1970 | British |
| WITHAM, Jennifer Ann | Director | — | Feb 1949 | British |
| WITHAM, Liam James | Director | 2005-08-01 | Apr 1978 | British |
| WITHAM, Louise Clare | Director | 2005-08-01 | Jun 1974 | British |
| WITHAM, Nicholas John | Director | — | Feb 1948 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CORKE, Susan Jennifer | Director | 2000-10-01 | 2018-09-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Jennifer Ann Witham | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2017-02-02 | Active |
| Mr Nicholas John Witham | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2017-02-02 | Active |
Filing timeline
Last 20 of 119 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-05-07 | MA | incorporation | memorandum articles |
| 2026-05-07 | RESOLUTIONS | resolution | resolution |
| 2026-05-06 | SH06 | capital | capital cancellation shares |
| 2026-05-06 | SH03 | capital | capital return purchase own shares |
| 2026-02-02 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-11-25 | AA | accounts | accounts with accounts type full |
| 2025-11-10 | CH01 | officers | change person director company with change date |
| 2025-02-04 | CH01 | officers | change person director company with change date |
| 2025-02-03 | CH03 | officers | change person secretary company with change date |
| 2025-02-03 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-11-13 | AA | accounts | accounts with accounts type full |
| 2024-02-01 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-02-01 | CH01 | officers | change person director company with change date |
| 2024-02-01 | CH01 | officers | change person director company with change date |
| 2024-02-01 | CH01 | officers | change person director company with change date |
| 2023-11-30 | AA | accounts | accounts with accounts type full |
| 2023-02-01 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-11-16 | AA | accounts | accounts with accounts type total exemption full |
| 2022-02-17 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-09-14 | AA | accounts | accounts with accounts type total exemption full |
Credit score
Altman Z″ (private-firm) · reference 2025-02-28
7.92
SAFE
Altman Z″
- Working capital / Total assets 0.687 × 6.56 = +4.50
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.125 × 6.72 = +0.84
- Book equity / Total liabilities 2.452 × 1.05 = +2.57
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory