How much does Smartcomm Ltd make?

Smartcomm Ltd reported revenue of £22.9m and a loss of £774k in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does Smartcomm Ltd have?

Smartcomm Ltd reported an average of 107 employees in the year to 31 Dec 2022.

Is Smartcomm Ltd profitable?

No — Smartcomm Ltd reported a loss of £774k in the year to 31 Dec 2022.

Company No. 03800523

Smartcomm LtdDissolved

Smartcomm Ltd made £22.9m revenue and a £774k loss in the year to 31 Dec 2022.

Smartcomm Ltd’s revenue was £22.9m in the year to 31 Dec 2022, with a loss of £774k and 107 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

Last filed accounts · year to 31 Dec 2022

Key figures

IndependentCapital-lightCash flow filed

Revenue

£22.9m

Growth ▼0.2%

Profit

−£774k

Growth ▼3472%

Profit margin

−3.4%

Gross 12.5%

Employees

107

Change ▲5.9%

Profit / employee

−£7.2k

Revenue/employee £214k

Profitable streak

0yrs

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 to	31 Dec 2021	31 Dec 2022
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£23m	£22.9m
Cost of sales	£20m	£20.1m
Gross profit	£3m	£2.9m
Operating profit	£114k	−£648k
Profit before tax	£19.7k	−£774k
Profit after tax	£23k	−£774k
Profit (best available)	£23k	−£774k
Staff costs	£5.3m	£5.8m
Employees (average)	101	107
Ratios
Profit margin	0.1%	−3.4%
Gross margin	12.9%	12.5%
Revenue per employee	£227k	£214k
Profit per employee	£227	−£7.2k
Cash conversion	244.7%	—
Growth (year on year)
Revenue growth	—	▼0.2%
Profit growth	—	▼3472%
Headcount growth	—	▲5.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£381k	£909k
Net assets	£866k	£92.1k
Fixed assets	£765k	£726k
Current assets	£8m	£7.9m
Debtors	£3.8m	£3.4m
Cash from operations	£279k	−£655k
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024

Derived from the latest filing

How the business works

Profit margin: −3.4%; Profit ÷ revenue.
Gross margin: 12.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £214k; Revenue ÷ average employees.
Profit per employee: −£7.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14.8%; 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: ▼89%; Now £92.1k
Cash at bank: ▲139%; Now £909k
Headcount: ▲6%; Now 107
Deferred income: —; Now —
Fixed assets: ▼5%; Now £726k

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2022 (profit −£774k), from the Companies House accounts bulk data published Mar 2024. 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.