Smiths Concrete Limited
Registered name: SMITHS CONCRETE LIMITED
Part of Heidelberg Materials Ag groupSmiths Concrete Limited made £17.6m revenue and a £4m loss in the year to 31 Dec 2024.
Smiths Concrete Limited’s revenue grew 2% to £17.6m in the year to 31 Dec 2024, with a loss of £4m and 59 employees. The company is classified under “operation of gravel and sand pits; mining of clays and kaolin” and is based in Maidenhead; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Maidenhead
- Age
- 69 yrs · since 1957
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Profit & loss | Profit & loss | Profit & loss |
| Profit & loss | |||
| Revenue (turnover) | £21.7m | £17.3m | £17.6m |
| Cost of sales | −£16.6m | −£16.9m | −£15.6m |
| Gross profit | £5.2m | £461k | £1.9m |
| Operating profit | £132k | −£3.9m | −£4m |
| Profit before tax | £450k | −£3.9m | −£4m |
| Profit after tax | £402k | −£3.7m | −£4m |
| Profit (best available) | £402k | −£3.7m | −£4m |
| Employees (average) | 71 | 63 | 59 |
| Ratios | |||
| Profit margin | 1.8% | −21.4% | −22.6% |
| Gross margin | 23.7% | 2.7% | 11.1% |
| Revenue per employee | £306k | £275k | £298k |
| Profit per employee | £5.7k | −£58.9k | −£67.4k |
| Growth (year on year) | |||
| Revenue growth | — | ▼20.3% | ▲1.5% |
| Profit growth | — | ▼1023% | — |
| Headcount growth | — | ▼11.3% | ▼6.3% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Oct 2024 | Accounts · bulk data Oct 2024 | Accounts · bulk data May 2026 |
How the business works
- Profit margin
- −22.6%
- Profit ÷ revenue.
- Gross margin
- 11.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £298k
- Revenue ÷ average employees.
- Profit per employee
- −£67.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼6%
- Now 59
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Heidelberg Materials Ag (registered outside the UK register)ultimate parent75–100%
- Heidelberg Materials UK Holding Limited75–100%
- Lehigh UK Limited75–100%
- Hanson Limited75–100%
- Hanson Holdings Limited75–100%
- Hanson Holdings (3) Limited75–100%
- Uds (No 10)75–100%
- Hanson Quarry Products Europe Limited75–100%
- Hanson Building Materials Europe Limited75–100%
- Hanson Quarry Products Ventures Limited75–100%
- Smiths Concrete Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Hanson Aggregates South Wales Holdings LimitedFigures not disclosed
- Hanson Crewing Services LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit −£4m), from the Companies House accounts bulk data published May 2026. Spotted an error? Request a correction.
Updated from Companies House on 24 Oct 2026