How much does Smith Bros. Services Limited make?

Smith Bros. Services Limited reported revenue of £59.7m and £581k profit in the year to 30 Sep 2025, according to its accounts filed at Companies House.

How many employees does Smith Bros. Services Limited have?

Smith Bros. Services Limited reported an average of 13 employees in the year to 30 Sep 2025.

Is Smith Bros. Services Limited profitable?

Yes — Smith Bros. Services Limited reported a profit of £581k in the year to 30 Sep 2025.

Company No. 01585606 · Incorporated 14 Sep 1981

Smith Bros. Services Limited

Registered name: SMITH BROS. SERVICES LIMITED

Part of Smith & Co (Holdings) Limited group

Smith Bros. Services Limited made £59.7m revenue and £581k profit in the year to 30 Sep 2025.

Smith Bros. Services Limited’s revenue grew 10% to £59.7m in the year to 30 Sep 2025, with £581k profit and 13 employees. The company is classified under “sale of other motor vehicles” and is based in Penrith; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45190Sale of other motor vehicles

Status: Active
Location: Penrith, North West
Age: 45 yrs · since 1981
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 30 Sep 2025

Key figures

Capital-lightOperating leverage

Revenue

£59.7m

Growth ▲10.4%

Profit

£581k

Growth ▲133.4%

Profit margin

Gross 3.7%

Employees

Change 0%

Profit / employee

£44.7k

Revenue/employee £4.6m

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	30 Sep 2022	30 Sep 2023	30 Sep 2024	30 Sep 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£38.4m	£59.2m	£54.1m	£59.7m
Cost of sales	£36.4m	£56.8m	£51.9m	£57.5m
Gross profit	£2m	£2.4m	£2.2m	£2.2m
Operating profit	£1.1m	£1.2m	£616k	£732k
Profit before tax	£1m	£1.1m	£456k	£504k
Profit after tax	£870k	£915k	£249k	£581k
Profit (best available)	£870k	£915k	£249k	£581k
Staff costs	£589k	£686k	£819k	£705k
Employees (average)	8	10	13	13
Ratios
Profit margin	2.3%	1.5%	0.5%	1%
Gross margin	5.1%	4%	4.1%	3.7%
Revenue per employee	£4.8m	£5.9m	£4.2m	£4.6m
Profit per employee	£109k	£91.5k	£19.1k	£44.7k
Growth (year on year)
Revenue growth	—	▲54.2%	▼8.6%	▲10.4%
Profit growth	—	▲5.1%	▼72.8%	▲133.4%
Headcount growth	—	▲25%	▲30%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£811k	£452k	£0	£997k
Net assets	£2.5m	£2.7m	£2.8m	£3.4m
Fixed assets	£3.8m	£4.4m	£6.4m	£5m
Current assets	£3.6m	£4.3m	£3.6m	£4m
Debtors	£748k	£1.6m	£1.6m	£1.2m
Deferred income	£1.6m	£1.7m	£1.5m	£1.2m
Source	Accounts · bulk data May 2024	Accounts · bulk data May 2024	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data May 2026

Derived from the latest filing

How the business works

Profit margin: 1%; Profit ÷ revenue.
Gross margin: 3.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £4.6m; Revenue ÷ average employees.
Profit per employee: £44.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 8.4%; 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: ▲21%; Now £3.4m
Cash at bank: —; Now £997k
Headcount: 0%; Now 13
Deferred income: ▼23%; Now £1.2m
Fixed assets: ▼22%; Now £5m

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

Smith & Co (Holdings) Limitedultimate parent75–100%
Smith Bros. Services Limitedthis company

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

Sister companies (1)

Carlisle Lake District Airport LimitedRev. £2.2m · Profit £2.9m

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 30 Sep 2025 (profit £581k), from the Companies House accounts bulk data published May 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.