How much does William Smith Group 1832 Limited make?

William Smith Group 1832 Limited reported revenue of £26.6m and £357k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does William Smith Group 1832 Limited have?

William Smith Group 1832 Limited reported an average of 104 employees in the year to 31 Mar 2025.

Is William Smith Group 1832 Limited profitable?

Yes — William Smith Group 1832 Limited reported a profit of £357k in the year to 31 Mar 2025.

Company No. 00844451 · Incorporated 5 Apr 1965

William Smith Group 1832 Limited

Registered name: WILLIAM SMITH GROUP 1832 LIMITED

Part of WS Group Holdings Limited group

William Smith Group 1832 Limited made £26.6m revenue and £357k profit in the year to 31 Mar 2025.

William Smith Group 1832 Limited’s revenue fell 1% to £26.6m in the year to 31 Mar 2025, with £357k profit and 104 employees. The company is classified under “manufacture of other fabricated metal products” and is based in Barnard Castle; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 25990Manufacture of other fabricated metal products n.e.c.

Status: Active
Location: Barnard Castle, North East
Age: 61 yrs · since 1965
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. From the filing: “The Company is a wholly owned subsidiary of WS Group Holdings Ltd, a company registered in England and Wales, CRN 14837097.”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightCash flow filed

Revenue

£26.6m

Growth ▼1.4%

Profit

£357k

Growth ▲49%

Profit margin

1.3%

Gross 27.3%

Employees

104

Change ▼15.4%

Profit / employee

£3.4k

Revenue/employee £256k

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&Lread from filing text	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£21.8m	£24.7m	£27m	£26.6m
Cost of sales	£14.6m	£16.6m	£20.1m	£19.4m
Gross profit	£7.2m	£6.8m	£6.9m	£7.3m
Operating profit	£1m	£1.3m	£106k	£269k
Profit before tax	£1m	£1.3m	£165k	£348k
Profit after tax	£638k	£1.4m	£239k	£357k
Profit (best available)	£638k	£1.4m	£239k	£357k
Staff costs	£4.5m	£4.8m	£5.7m	£5.4m
Employees (average)	111	122	123	104
Ratios
Profit margin	2.9%	5.7%	0.9%	1.3%
Gross margin	33%	27.4%	25.4%	27.3%
Revenue per employee	£196k	£202k	£220k	£256k
Profit per employee	£5.8k	£11.6k	£1.9k	£3.4k
Cash conversion	126.7%	−4.5%	386.3%	643.6%
Growth (year on year)
Revenue growth	—	▲13.4%	▲9.4%	▼1.4%
Profit growth	—	▲121.8%	▼83.1%	▲49%
Headcount growth	—	▲9.9%	▲0.8%	▼15.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.1m	£1.3m	£1.5m	£3.1m
Net assets	£7.2m	£8.6m	£8.8m	£9.2m
Fixed assets	£879k	£684k	£964k	£1.1m
Current assets	£9.9m	£11.2m	£11.4m	£11.7m
Debtors	£3.7m	£4.5m	£4.5m	£3.9m
Deferred income	£412k	£264k	£432k	£491k
Cash from operations	£1.3m	−£59.4k	£409k	£1.7m
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 1.3%; Profit ÷ revenue.
Gross margin: 27.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £256k; Revenue ÷ average employees.
Profit per employee: £3.4k; Profit ÷ average employees.
Cash conversion: 643.6%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14.5%; 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: ▲4%; Now £9.2m
Cash at bank: ▲105%; Now £3.1m
Headcount: ▼15%; Now 104
Deferred income: ▲14%; Now £491k
Fixed assets: ▲18%; Now £1.1m

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

WS Group Holdings Limitedultimate parent75–100%
William Smith Group 1832 Limitedthis company

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

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £357k), from the Companies House accounts bulk data published Dec 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.