Ims of Smithfield Ltd.
Registered name: IMS OF SMITHFIELD LTD.
Ims of Smithfield Ltd. made £23.8m revenue and £559k profit in the year to 30 Sep 2025. read from filing text
Ims of Smithfield Ltd.’s revenue grew 18% to £23.8m in the year to 30 Sep 2025, with £559k profit and 78 employees. The company is classified under “wholesale of meat and meat products” and is based in Waltham Cross; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Waltham Cross, East of England
- Age
- 56 yrs · since 1970
- 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 ultimate controlling party is”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £15.6m | £18.7m | £20.1m | £23.8m |
| Cost of sales | £10.7m | £13.3m | £14.1m | £17.3m |
| Gross profit | £4.9m | £5.4m | £6m | £6.5m |
| Operating profit | £948k | £1.1m | £1m | £871k |
| Profit before tax | £945k | £1.1m | £1m | £861k |
| Profit after tax | £772k | £810k | £736k | £559k |
| Profit (best available) | £772k | £810k | £736k | £559k |
| Staff costs | £2.1m | £2.3m | £2.6m | £2.8m |
| Employees (average) | 62 | 78 | 78 | 78 |
| Ratios | ||||
| Profit margin | 5% | 4.3% | 3.7% | 2.4% |
| Gross margin | 31.3% | 29% | 29.8% | 27.2% |
| Revenue per employee | £251k | £240k | £258k | £305k |
| Profit per employee | £12.4k | £10.4k | £9.4k | £7.2k |
| Cash conversion | −59.1% | −84.9% | −221.2% | −125.4% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲20.1% | ▲7.6% | ▲18.2% |
| Profit growth | — | ▲4.9% | ▼9.1% | ▼24.1% |
| Headcount growth | — | ▲25.8% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.1m | £1.8m | £3.3m | £953k |
| Net assets | £1.5m | £2.3m | £2.8m | £1.4m |
| Fixed assets | £269k | £321k | £429k | £2.3m |
| Current assets | £4.1m | £5.3m | £7.3m | £6.5m |
| Debtors | £2.4m | £2.6m | £3.1m | £4.5m |
| Deferred income | £504k | £776k | £630k | £1.4m |
| Cash from operations | −£560k | −£928k | −£2.3m | −£1.1m |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 2.4%
- Profit ÷ revenue.
- Gross margin
- 27.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £305k
- Revenue ÷ average employees.
- Profit per employee
- £7.2k
- Profit ÷ average employees.
- Cash conversion
- −125.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 9.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 5.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 18.7%
- 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
- ▼51%
- Now £1.4m
- Cash at bank
- ▼71%
- Now £953k
- Headcount
- 0%
- Now 78
- Deferred income
- ▲117%
- Now £1.4m
- Fixed assets
- ▲440%
- Now £2.3m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
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- Profit
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- Staff
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- Reeve and Company LimitedBishop's Stortford · Wholesale of meat and meat products
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Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £559k), from the Companies House accounts bulk data published Jun 2026. 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.