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Company No. 08114486 · Incorporated 21 Jun 2012

DS Smith Business Services Limited

Registered name: DS SMITH BUSINESS SERVICES LIMITED

Part of International Paper Company group

DS Smith Business Services Limited made £5.9m revenue and £1.1m profit in the year to 30 Apr 2024.

DS Smith Business Services Limited’s revenue grew 5% to £5.9m in the year to 30 Apr 2024, with £1.1m profit and 116 employees. The company is classified under “combined office administrative service activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82110Combined office administrative service activitiesSIC 82990Other business support service activities n.e.c.
Status
Active
Location
London, London
Age
14 yrs · since 2012
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 30 Apr 2024

Key figures

Operating leverage
Revenue
£5.9m
Growth ▲5%
Profit
£1.1m
Growth ▲18.1%
Profit margin
18.1%
 
Employees
116
Change ▲11.5%
Profit / employee
£9.2k
Revenue/employee £50.7k
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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Apr 202230 Apr 202330 Apr 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£6.3m£5.6m£5.9m
Operating profit£1m£157k−£60k
Profit before tax£995k£905k£1.6m
Profit after tax£1.1m£903k£1.1m
Profit (best available)£1.1m£903k£1.1m
Staff costs£3.9m£4m£4.7m
Employees (average)102104116
Ratios
Profit margin18%16.1%18.1%
Revenue per employee£61.5k£53.8k£50.7k
Profit per employee£11.1k£8.7k£9.2k
Growth (year on year)
Revenue growth—▼10.8%▲5%
Profit growth—▼20.1%▲18.1%
Headcount growth—▲2%▲11.5%
Balance sheet — indirect signals, not revenue
Cash at bank£892k£292k£43k
Net assets£2.2m£28.1m£29.2m
Fixed assets£1.2m£26.8m£29.3m
Current assets£1.5m£3.7m£6.2m
Debtors£95k£0£35m
Deferred income£43k£583k£1.8m
SourceAccounts · bulk data Jan 2024Accounts · bulk data Jan 2024FullAccounts · bulk data Jan 2025
Derived from the latest filing

How the business works

Profit margin
18.1%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£50.7k
Revenue ÷ average employees.
Profit per employee
£9.2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
498.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
29.9%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
595.8%
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
▲4%
Now £29.2m
Cash at bank
▼85%
Now £43k
Headcount
▲12%
Now 116
Deferred income
▲201%
Now £1.8m
Fixed assets
▲10%
Now £29.3m

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

  1. International Paper Company (registered outside the UK register)ultimate parent75–100%
  2. International Paper UK Holdings Limited75–100%
  3. DS Smith Limited75–100%
  4. DS Smith Holdings Limited75–100%
  5. DS Smith Business Services Limitedthis company

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

Sister companies (34)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Apr 2024 (profit £1.1m), from the Companies House accounts bulk data published Jan 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.