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Company No. 04410197 · Incorporated 5 Apr 2002

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
Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-lightCash flow filed
Revenue
£7.9m
Growth ▼2%
Profit
£78.1k
Growth ▼42.6%
Profit margin
1%
Gross 44.3%
Employees
111
Change ▼1.8%
Profit / employee
£704
Revenue/employee £71.1k
Profitable streak
3yrs
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 to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureNo P&LFull P&LFull P&LFull 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)105111113111
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
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

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.
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
▲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.