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Company No. 03777353 · Incorporated 26 May 1999

Smithbrewer Limited

Registered name: SMITHBREWER LIMITED

Smithbrewer Limited made £42.1m revenue and £815k profit in the year to 31 May 2024.

Smithbrewer Limited’s revenue grew 7% to £42.1m in the year to 31 May 2024, with £815k profit and 205 employees. The company is classified under “other manufacturing” and is based in Lower Weare; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 32990Other manufacturing n.e.c.
Status
Active
Location
Lower Weare, South West
Age
27 yrs · since 1999
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: “Smithbrewer Trading Limited”

Latest accounts · year to 31 May 2024

Key figures

Doing more with lessCash flow filed
Revenue
£42.1m
Growth ▲6.9%
Profit
£815k
Growth —
Profit margin
1.9%
Gross 16.2%
Employees
205
Change ▼2.4%
Profit / employee
£4k
Revenue/employee £205k
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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 May 202331 May 2024
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£39.4m£42.1m
Cost of sales£34.6m£35.3m
Gross profit£4.8m£6.8m
Operating profit−£120k£1.2m
Profit before tax−£120k£1.1m
Profit after tax−£166k£815k
Profit (best available)−£166k£815k
Staff costs£7.8m£8.1m
Employees (average)210205
Ratios
Profit margin−0.4%1.9%
Gross margin12.1%16.2%
Revenue per employee£188k£205k
Profit per employee−£789£4k
Cash conversion—−84.4%
Growth (year on year)
Revenue growth—▲6.9%
Headcount growth—▼2.4%
Balance sheet — indirect signals, not revenue
Cash at bank£1.4m£1.6m
Net assets£5.9m£6.7m
Fixed assets£4.1m£4.5m
Current assets£20m£13.7m
Debtors£7.4m£4.5m
Deferred income£214k£937k
Cash from operations−£3.4m−£1m
SourceFullAccounts · bulk data Jan 2025FullAccounts · bulk data Jan 2025
Derived from the latest filing

How the business works

Profit margin
1.9%
Profit ÷ revenue.
Gross margin
16.2%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£205k
Revenue ÷ average employees.
Profit per employee
£4k
Profit ÷ average employees.
Cash conversion
−84.4%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
10.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
2.2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
10.6%
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
▲14%
Now £6.7m
Cash at bank
▲13%
Now £1.6m
Headcount
▼2%
Now 205
Deferred income
▲337%
Now £937k
Fixed assets
▲9%
Now £4.5m

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2024 (profit £815k), from the Companies House accounts bulk data published Jan 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.