How many employees does Ian Smith Group Limited have?

Ian Smith Group Limited reported an average of 38 employees in the year to 31 Dec 2025.

Company No. 01421681 · Incorporated 21 May 1979

Ian Smith Group Limited

Q: Is Ian Smith Group Limited profitable?

No — Ian Smith Group Limited reported a loss of £106k in the year to 31 Dec 2025.

Registered name: IAN SMITH GROUP LIMITED

Ian Smith Group Limited made a £106k loss in the year to 31 Dec 2025 (revenue not disclosed).

Ian Smith Group Limited reported a loss of £106k in the year to 31 Dec 2025; its revenue was not disclosed. It had 38 employees. The company is classified under “wholesale of office furniture” and is based in West Midlands; we hold 4 years of its filed accounts.

Profit onlySection G · Wholesale and retail trade; repair of motor vehiclesSIC 46650Wholesale of office furniture SIC 46660Wholesale of other office machinery and equipment

Status: Active
Location: West Midlands, West Midlands
Age: 47 yrs · since 1979
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

Independent

Revenue

—

Not disclosed in filing

Profit

−£106k

Growth —

Profit margin

—

Employees

Change ▼9.5%

Profit / employee

−£2.8k

Profitable streak

0yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	No P&L	No P&L	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—	—	—
Profit after tax	—	—	−£20.7k	−£106k
Profit (best available)	—	—	−£20.7k	−£106k
Employees (average)	49	48	42	38
Ratios
Profit margin	—	—	—	—
Profit per employee	—	—	−£492	−£2.8k
Growth (year on year)
Headcount growth	—	▼2%	▼12.5%	▼9.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£250k	£174k	£338k	£58.4k
Net assets	£706k	£677k	£657k	£551k
Fixed assets	£908k	£895k	£871k	£827k
Current assets	£2m	£1.8m	£1.9m	£1.5m
Debtors	£1m	£985k	£940k	£965k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: −£2.8k; 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.

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: ▼16%; Now £551k
Cash at bank: ▼83%; Now £58.4k
Headcount: ▼10%; Now 38
Deferred income: —; Now —
Fixed assets: ▼5%; Now £827k

Corporate ownership

Group structure

Subsidiaries (3)

Ian Smith (Stationers) LimitedFigures not disclosed
Ian Smith Office Interiors LtdFigures not disclosed
Moss Office Supplies LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£106k), from the Companies House accounts bulk data published Sep 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.