Smart Garden Products Ltd
Registered name: SMART GARDEN PRODUCTS LTD
Part of SGP Holdings (UK) Limited groupSmart Garden Products Ltd made £96.2m revenue and £13.8m profit in the year to 30 Nov 2025. read from filing text
Smart Garden Products Ltd’s revenue grew 13% to £96.2m in the year to 30 Nov 2025, with £13.8m profit and 183 employees. The company is classified under “wholesale of household goods (other than musical instruments)” and is based in Abingdon; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Abingdon, South East
- Age
- 23 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Nov 2022 | 30 Nov 2023 | 30 Nov 2024 | 30 Nov 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £106m | £80.4m | £84.9m | £96.2m |
| Cost of sales | £77.4m | £51.3m | £53.4m | £56.9m |
| Gross profit | £28.4m | £29.1m | £31.5m | £39.3m |
| Operating profit | £9.5m | £9.9m | £11.2m | £17.8m |
| Profit before tax | £9.3m | £10.3m | £11.8m | £18.4m |
| Profit after tax | £7.5m | £7.9m | £8.6m | £13.8m |
| Profit (best available) | £7.5m | £7.9m | £8.6m | £13.8m |
| Staff costs | £7.3m | £8.5m | £8m | £8.5m |
| Employees (average) | 185 | 171 | 173 | 183 |
| Ratios | ||||
| Profit margin | 7.1% | 9.8% | 10.2% | 14.3% |
| Gross margin | 26.8% | 36.2% | 37.1% | 40.8% |
| Revenue per employee | £572k | £470k | £491k | £525k |
| Profit per employee | £40.7k | £46.1k | £49.9k | £75.2k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼24.1% | ▲5.7% | ▲13.3% |
| Profit growth | — | ▲4.8% | ▲9.5% | ▲59.4% |
| Headcount growth | — | ▼7.6% | ▲1.2% | ▲5.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.7m | £15.3m | £16.1m | £21.9m |
| Net assets | £29m | £32.6m | £34.9m | £40.8m |
| Fixed assets | £1.5m | £1.3m | £22.6k | £1.8m |
| Current assets | £43.5m | £44.7m | £50.9m | £64.3m |
| Debtors | £19m | £14.5m | £17.8m | £18.6m |
| Deferred income | £7.7m | £7.7m | £9.1m | £9m |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 14.3%
- Profit ÷ revenue.
- Gross margin
- 40.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £525k
- Revenue ÷ average employees.
- Profit per employee
- £75.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 9.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 19.3%
- 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
- ▲17%
- Now £40.8m
- Cash at bank
- ▲36%
- Now £21.9m
- Headcount
- ▲6%
- Now 183
- Deferred income
- ▼1%
- Now £9m
- Fixed assets
- ▲8062%
- Now £1.8m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- SGP Holdings (UK) Limitedultimate parent75–100%
- Smart Garden Products Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Smart Solar Ltd.Figures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Nov 2025 (profit £13.8m), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.
Updated from Companies House on 13 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.