Smartway PW. Holdings Limited
Registered name: SMARTWAY PW. HOLDINGS LIMITED
Smartway PW. Holdings Limited made £249m revenue and £9.3m profit in the year to 31 Mar 2025.
Smartway PW. Holdings Limited’s revenue grew 36% to £249m in the year to 31 Mar 2025, with £9.3m profit and 103 employees. The company is classified under “activities of head offices” and is based in Leicester; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Leicester
- Age
- 13 yrs · since 2013
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £152m | £184m | £249m |
| Cost of sales | £133m | £159m | £222m |
| Gross profit | £19.1m | £25m | £27.1m |
| Operating profit | £12.3m | £9.7m | £13m |
| Profit before tax | £12.5m | £10m | £13.3m |
| Profit after tax | £10.1m | £7.5m | £9.3m |
| Profit (best available) | £10.1m | £7.5m | £9.3m |
| Employees (average) | 97 | 103 | 103 |
| Ratios | |||
| Profit margin | 6.7% | 4.1% | 3.7% |
| Gross margin | 12.6% | 13.6% | 10.9% |
| Revenue per employee | £1.6m | £1.8m | £2.4m |
| Profit per employee | £104k | £72.9k | £90.1k |
| Growth (year on year) | |||
| Revenue growth | — | ▲20.8% | ▲35.5% |
| Profit growth | — | ▼25.8% | ▲23.6% |
| Headcount growth | — | ▲6.2% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Apr 2025 | Accounts · bulk data Apr 2025 | Accounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 3.7%
- Profit ÷ revenue.
- Gross margin
- 10.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £2.4m
- Revenue ÷ average employees.
- Profit per employee
- £90.1k
- 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
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 103
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (9)
- Smartway Pharmaceuticals LimitedRev. £177m · Profit £8m
- B2E Investment LimitedFigures not disclosed
- Overture Capital LimitedFigures not disclosed
- Pharmalink LimitedFigures not disclosed
- Primis Capital LimitedFigures not disclosed
- Smartway Investments LimitedFigures not disclosed
- Smartway Pharma LimitedFigures not disclosed
- Smartway Property LimitedFigures not disclosed
- Smartway Wholesale LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit £9.3m), from the Companies House accounts bulk data published Mar 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.