George Smith Limited
Registered name: GEORGE SMITH LIMITED
George Smith Limited made £7.9m revenue and £78.1k profit in the year to 31 Dec 2025.
George Smith Limited’s revenue fell 2% to £7.9m in the year to 31 Dec 2025, with £78.1k profit and 111 employees. The company is classified under “manufacture of soft furnishings”; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 24 yrs · since 2002
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £7.5m | £8.1m | £7.9m |
| Cost of sales | — | £4m | £4.5m | £4.4m |
| Gross profit | — | £3.5m | £3.6m | £3.5m |
| Operating profit | — | £390k | £120k | £45.5k |
| Profit before tax | — | £422k | £194k | £111k |
| Profit after tax | — | £314k | £136k | £78.1k |
| Profit (best available) | — | £314k | £136k | £78.1k |
| Staff costs | — | £1.7m | £2m | £2m |
| Employees (average) | 105 | 111 | 113 | 111 |
| Ratios | ||||
| Profit margin | — | 4.2% | 1.7% | 1% |
| Gross margin | — | 46.5% | 44.2% | 44.3% |
| Revenue per employee | — | £67.6k | £71.3k | £71.1k |
| Profit per employee | — | £2.8k | £1.2k | £704 |
| Cash conversion | — | −46.3% | −161% | 414.1% |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲7.3% | ▼2% |
| Profit growth | — | — | ▼56.6% | ▼42.6% |
| Headcount growth | — | ▲5.7% | ▲1.8% | ▼1.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.6m | £2.6m | £2.5m | £1.8m |
| Net assets | £2.9m | £3.2m | £3.3m | £3.4m |
| Fixed assets | £361k | £459k | £563k | £500k |
| Current assets | £4.7m | £5.1m | £5m | £5.3m |
| Debtors | £73.3k | £123k | £69.4k | £86.7k |
| Deferred income | £382k | £200k | £206k | £238k |
| Cash from operations | — | −£181k | −£193k | £188k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 1%
- Profit ÷ revenue.
- Gross margin
- 44.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £71.1k
- Revenue ÷ average employees.
- Profit per employee
- £704
- Profit ÷ average employees.
- Cash conversion
- 414.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.1%
- 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
- ▲2%
- Now £3.4m
- Cash at bank
- ▼26%
- Now £1.8m
- Headcount
- ▼2%
- Now 111
- Deferred income
- ▲15%
- Now £238k
- Fixed assets
- ▼11%
- Now £500k
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
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £78.1k), 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.