How much does Smith Global Ltd make?

Smith Global Ltd reported revenue of £20.6m and a loss of £224k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Smith Global Ltd have?

Smith Global Ltd reported an average of 102 employees in the year to 31 Dec 2024.

Is Smith Global Ltd profitable?

No — Smith Global Ltd reported a loss of £224k in the year to 31 Dec 2024.

Company No. 04438845 · Incorporated 15 May 2002

Smith Global Ltd

Registered name: SMITH GLOBAL LTD

Part of Hyatt Hotels Corporation group

Smith Global Ltd made £20.6m revenue and a £224k loss in the year to 31 Dec 2024.

Smith Global Ltd’s revenue grew 5% to £20.6m in the year to 31 Dec 2024, with a loss of £224k and 102 employees. The company is classified under “other publishing activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 58190Other publishing activities SIC 79110Travel agency activities

Status: Active
Location: London, London
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 Dec 2024

Key figures

Cash flow filed

Revenue

£20.6m

Growth ▲5.3%

Profit

−£224k

Growth ▼112.2%

Profit margin

−1.1%

Gross 76.1%

Employees

102

Change ▲7.4%

Profit / employee

−£2.2k

Revenue/employee £202k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Profit only	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£19.6m	£20.6m
Cost of sales	—	£3.7m	£4.9m
Gross profit	—	£15.9m	£15.7m
Operating profit	—	£2.2m	−£560k
Profit before tax	—	£2.5m	−£268k
Profit after tax	£5m	£1.8m	−£224k
Profit (best available)	£5m	£1.8m	−£224k
Staff costs	—	£6.2m	£6.9m
Employees (average)	85	95	102
Ratios
Profit margin	—	9.4%	−1.1%
Gross margin	—	81.3%	76.1%
Revenue per employee	—	£206k	£202k
Profit per employee	£58.9k	£19.3k	−£2.2k
Cash conversion	—	164.5%	—
Growth (year on year)
Revenue growth	—	—	▲5.3%
Profit growth	—	▼63.4%	▼112.2%
Headcount growth	—	▲11.8%	▲7.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£8.9m	£11.9m	£12.3m
Net assets	£4.9m	£7.4m	£4.3m
Fixed assets	£2.1m	£2.5m	—
Current assets	£19.5m	£21.5m	—
Debtors	£4.1m	£5m	£3.2m
Deferred income	£1.9m	£1.8m	£2.4m
Cash from operations	—	£3.7m	£5m
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −1.1%; Profit ÷ revenue.
Gross margin: 76.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £202k; Revenue ÷ average employees.
Profit per employee: −£2.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 11.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.6%; 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: ▼42%; Now £4.3m
Cash at bank: ▲4%; Now £12.3m
Headcount: ▲7%; Now 102
Deferred income: ▲33%; Now £2.4m
Fixed assets: —; Now —

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

Hyatt Hotels Corporation (registered outside the UK register)ultimate parent75–100%
Smith Global 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).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£224k), from the Companies House accounts bulk data published Sep 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.