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Company No. 08568952 · Incorporated 13 Jun 2013

Aes Smart Metering Ltd

Registered name: AES SMART METERING LTD

Aes Smart Metering Ltd made £25.3m revenue and £55.2k profit in the year to 30 Nov 2024.

Aes Smart Metering Ltd’s revenue was £25.3m in the year to 30 Nov 2024, with £55.2k profit and 75 employees. The company is classified under “electrical installation” and is based in Enfield; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation
Status
Active
Location
Enfield, East of England
Age
13 yrs · since 2013
Type
Private Limited Company
Latest accounts · year to 30 Nov 2024

Key figures

IndependentCapital-lightDoing more with lessBoring industryCash flow filed
Revenue
£25.3m
Growth ▲0.2%
Profit
£55.2k
Growth ▼78.3%
Profit margin
0.2%
Gross 27.4%
Employees
75
Change ▼12.8%
Profit / employee
£736
Revenue/employee £337k
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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Nov 202130 Nov 202230 Nov 202330 Nov 2024
DisclosureNo P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)—£19.8m£25.3m£25.3m
Cost of sales—£13.8m£17.1m£18.4m
Gross profit—£6m£8.1m£6.9m
Operating profit—£690k£423k£279k
Profit before tax—£558k£254k£110k
Profit after tax—£558k£254k£55.2k
Profit (best available)—£558k£254k£55.2k
Staff costs—£2.7m£3.2m£3.1m
Employees (average)42728675
Ratios
Profit margin—2.8%1%0.2%
Gross margin—30.1%32.2%27.4%
Revenue per employee—£275k£294k£337k
Profit per employee—£7.7k£3k£736
Cash conversion—−255.5%−740.9%−439.6%
Growth (year on year)
Revenue growth——▲27.8%▲0.2%
Profit growth——▼54.4%▼78.3%
Headcount growth—▲71.4%▲19.4%▼12.8%
Balance sheet — indirect signals, not revenue
Cash at bank£2m£1.5m£1.8m£881k
Net assets£2m£1.8m£1.2m£421k
Fixed assets£1.8m£3.4m£3.3m£2.2m
Current assets£3.6m£3.9m£4m£3.7m
Debtors£277k£1.3m£402k£623k
Cash from operations—−£1.8m−£3.1m−£1.2m
SourceFullAccounts · bulk data Jan 2024FullAccounts · bulk data Jan 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Nov 2025
Derived from the latest filing

How the business works

Profit margin
0.2%
Profit ÷ revenue.
Gross margin
27.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£337k
Revenue ÷ average employees.
Profit per employee
£736
Profit ÷ average employees.
Cash conversion
−439.6%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
8.9%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
2.5%
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
▼65%
Now £421k
Cash at bank
▼51%
Now £881k
Headcount
▼13%
Now 75
Deferred income
—
Now —
Fixed assets
▼31%
Now £2.2m
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 Nov 2024 (profit £55.2k), from the Companies House accounts bulk data published Nov 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.