How much does Smart Electronic Technologies Ltd make?

Smart Electronic Technologies Ltd reported revenue of £39.4m and £8.5m profit in the year to 31 Oct 2025, according to its accounts filed at Companies House.

How many employees does Smart Electronic Technologies Ltd have?

Smart Electronic Technologies Ltd reported an average of 134 employees in the year to 31 Oct 2025.

Is Smart Electronic Technologies Ltd profitable?

Yes — Smart Electronic Technologies Ltd reported a profit of £8.5m in the year to 31 Oct 2025.

Company No. 04437964 · Incorporated 14 May 2002

Smart Electronic Technologies Ltd

Registered name: SMART ELECTRONIC TECHNOLOGIES LTD

Part of Bulb Topco Limited group

Smart Electronic Technologies Ltd made £39.4m revenue and £8.5m profit in the year to 31 Oct 2025.

Smart Electronic Technologies Ltd’s revenue grew 36% to £39.4m in the year to 31 Oct 2025, with £8.5m profit and 134 employees. The company is classified under “wholesale of furniture, carpets and lighting equipment” and is based in Bracknell; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46470Wholesale of furniture, carpets and lighting equipment

Status: Active
Location: Bracknell, South East
Age: 24 yrs · since 2002
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 31 Oct 2025

Key figures

Capital-lightOperating leverageDoing more with less

Revenue

£39.4m

Growth ▲35.9%

Profit

£8.5m

Growth ▲682.8%

Profit margin

21.6%

Gross 51.1%

Employees

134

Change ▼6.9%

Profit / employee

£63.7k

Revenue/employee £294k

Profitable streak

2yrs

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 Oct 2024	31 Oct 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£29m	£39.4m
Cost of sales	£18.2m	£19.3m
Gross profit	£10.8m	£20.2m
Operating profit	£1.8m	£11m
Profit before tax	£1.1m	£11m
Profit after tax	£1.1m	£8.5m
Profit (best available)	£1.1m	£8.5m
Staff costs	£8.8m	£9m
Employees (average)	144	134
Ratios
Profit margin	3.8%	21.6%
Gross margin	37.4%	51.1%
Revenue per employee	£202k	£294k
Profit per employee	£7.6k	£63.7k
Growth (year on year)
Revenue growth	—	▲35.9%
Profit growth	—	▲682.8%
Headcount growth	—	▼6.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.7m	£16.8m
Net assets	£28.3m	£36.9m
Fixed assets	£249k	£159k
Current assets	£33.9m	£47.9m
Debtors	£7.9m	£4.8m
Deferred income	£2.3m	£6.6m
Source	FullAccounts · bulk data Jul 2026	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: 21.6%; Profit ÷ revenue.
Gross margin: 51.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £294k; Revenue ÷ average employees.
Profit per employee: £63.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 16.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 12.3%; 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: ▲30%; Now £36.9m
Cash at bank: ▲353%; Now £16.8m
Headcount: ▼7%; Now 134
Deferred income: ▲187%; Now £6.6m
Fixed assets: ▼36%; Now £159k

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

Bulb Topco Limitedultimate parent75–100%
Bulb Midco 2 Limited75–100%
Bulb Midco 1 Limited75–100%
Bulb Bidco Limited75–100%
Esl Holdings Limited75–100%
Smart Electronic Technologies Ltdthis company

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

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £8.5m), from the Companies House accounts bulk data published Jul 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.