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Company No. 08483705 · Incorporated 11 Apr 2013

Sme Corporation (2) Limited

Registered name: SME CORPORATION (2) LIMITED

Part of Sme Group (Iom) Plc group

Sme Corporation (2) Limited made £10.9m revenue and £126k profit in the year to 31 Mar 2025. read from filing text

Sme Corporation (2) Limited’s revenue grew 1% to £10.9m in the year to 31 Mar 2025, with £126k profit and 124 employees. The company is classified under “unlicensed restaurants and cafes” and is based in Ruislip; we hold 4 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56102Unlicensed restaurants and cafes
Status
Active
Location
Ruislip, London
Age
13 yrs · since 2013
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. From the filing: “In the opinion of the director”

Latest accounts · year to 31 Mar 2025

Key figures

Doing more with lessCash flow filed
Revenue
£10.9m
Growth ▲1.4%
Profit
£126k
Growth —
Profit margin
1.2%
Gross 65.8%
Employees
124
Change ▼12.1%
Profit / employee
£1k
Revenue/employee £87.7k
Profitable streak
1yr
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£5.3m£8.2m£10.7m£10.9m
Cost of sales£1.8m£3.4m£4.2m£3.7m
Gross profit£3.6m£4.8m£6.5m£7.2m
Operating profit£285k−£523k£144k£349k
Profit before tax£225k−£632k£33.2k£240k
Profit after tax£138k−£1.1m−£62.7k£126k
Profit (best available)£138k−£1.1m−£62.7k£126k
Staff costs£1.1m£1.8m£2.4m£2.6m
Employees (average)71155141124
Ratios
Profit margin2.6%−13.2%−0.6%1.2%
Gross margin66.7%58.3%60.9%65.8%
Revenue per employee£75.3k£53.1k£76k£87.7k
Profit per employee£1.9k−£7k−£445£1k
Cash conversion−756.1%—−859%−146.7%
Growth (year on year)
Revenue growth—▲53.9%▲30.3%▲1.4%
Profit growth—▼884.3%——
Headcount growth—▲118.3%▼9%▼12.1%
Balance sheet — indirect signals, not revenue
Cash at bank£48.2k£368k£516k£340k
Net assets−£61.8k−£1.1m−£1.2m−£1.1m
Fixed assets£9.3m£12.8m£12.9m£12.5m
Current assets£1.2m£1.9m£2m£793k
Debtors£1.1m£1.4m£1.4m£406k
Deferred income£163k£155k£180k£149k
Cash from operations−£2.2m−£5.4m−£1.2m−£513k
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
1.2%
Profit ÷ revenue.
Gross margin
65.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£87.7k
Revenue ÷ average employees.
Profit per employee
£1k
Profit ÷ average employees.
Cash conversion
−146.7%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
115.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.4%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
3.7%
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
—
Now −£1.1m
Cash at bank
▼34%
Now £340k
Headcount
▼12%
Now 124
Deferred income
▼17%
Now £149k
Fixed assets
▼3%
Now £12.5m

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. Sme Group (Iom) Plc (registered outside the UK register)ultimate parent75–100%
  2. Sme Group PLC75–100%
  3. Sme Group Investment Ltd75–100%
  4. Sme Investments Limited75–100%
  5. Sme Corporation (2) Limitedthis company

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

Sister companies (13)

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 31 Mar 2025 (profit £126k), from the Companies House accounts bulk data published Dec 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.