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Company No. 00600903 · Incorporated 20 Mar 1958

Ben Smith & Sons(Wantage)limited

Registered name: BEN SMITH & SONS(WANTAGE)LIMITED

Part of Qubic Trustees Ltd group

Ben Smith & Sons(Wantage)limited made £10.8m revenue and £727k profit in the year to 31 Mar 2025.

Ben Smith & Sons(Wantage)limited’s revenue fell 1% to £10.8m in the year to 31 Mar 2025, with £727k profit and 39 employees. The company is classified under “mixed farming” and is based in Wantage; we hold 3 years of its filed accounts.

Full P&L filedSection A · Agriculture, forestry and fishingSIC 01500Mixed farmingSIC 45112Sale of used cars and light motor vehicles
Status
Active
Location
Wantage, South East
Age
68 yrs · since 1958
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Mar 2025

Key figures

Cash flow filed
Revenue
£10.8m
Growth ▼1.2%
Profit
£727k
Growth —
Profit margin
6.7%
Gross 38.7%
Employees
39
Change 0%
Profit / employee
£18.6k
Revenue/employee £277k
Profitable streak
1yr
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£10.8m£10.9m£10.8m
Cost of sales£5.7m£7.3m£6.6m
Gross profit£5.1m£3.7m£4.2m
Operating profit£2.7m−£365k£299k
Profit before tax£3.4m−£107k£662k
Profit after tax£1.8m−£48.1k£727k
Profit (best available)£1.8m−£48.1k£727k
Staff costs£1.3m£2.5m£2.2m
Employees (average)363939
Ratios
Profit margin16.8%−0.4%6.7%
Gross margin47.4%33.4%38.7%
Revenue per employee£299k£281k£277k
Profit per employee£50.2k−£1.2k£18.6k
Cash conversion−67.5%—−489.9%
Growth (year on year)
Revenue growth—▲1.6%▼1.2%
Profit growth—▼102.7%—
Headcount growth—▲8.3%0%
Balance sheet — indirect signals, not revenue
Cash at bank£5.7m£5m£5.5m
Net assets£43.5m£43.4m£43.6m
Fixed assets£39.4m£40.6m£41.1m
Current assets£10.5m£8.5m£8.4m
Debtors£575k£361k£233k
Deferred income£156k£281k£217k
Cash from operations−£1.8m−£1.2m−£1.5m
SourceFullAccounts · bulk data Feb 2025FullAccounts · bulk data Feb 2025FullAccounts · bulk data Nov 2025
Derived from the latest filing

How the business works

Profit margin
6.7%
Profit ÷ revenue.
Gross margin
38.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£277k
Revenue ÷ average employees.
Profit per employee
£18.6k
Profit ÷ average employees.
Cash conversion
−489.9%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
379.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
2.1%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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
▲1%
Now £43.6m
Cash at bank
▲10%
Now £5.5m
Headcount
0%
Now 39
Deferred income
▼23%
Now £217k
Fixed assets
▲1%
Now £41.1m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Qubic Trustees Ltdultimate parent75–100%
  2. Qubic Associate Group Limited75–100%
  3. Qubic Trustees Ltd75–100%
  4. Ben Smith & Sons(Wantage)limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Sister companies (86)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £727k), from the Companies House accounts bulk data published Nov 2025. 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.