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Company No. 09896052 · Incorporated 1 Dec 2015

Smarta Water Limited

Registered name: SMARTA WATER LIMITED

Smarta Water Limited made £32.3m revenue and a £672k loss in the year to 31 Dec 2024.

Smarta Water Limited’s revenue fell 9% to £32.3m in the year to 31 Dec 2024, with a loss of £672k and 10 employees. The company is classified under “water collection, treatment and supply” and is based in Leeds; we hold 3 years of its filed accounts.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 36000Water collection, treatment and supply
Status
Active
Location
Leeds, Yorkshire and The Humber
Age
10 yrs · since 2015
Type
Private Limited Company
Latest accounts · year to 31 Dec 2024

Key figures

IndependentCapital-lightCash flow filed
Revenue
£32.3m
Growth ▼8.7%
Profit
−£672k
Growth —
Profit margin
−2.1%
Gross 3.2%
Employees
10
Change ▲25%
Profit / employee
−£67.2k
Revenue/employee £3.2m
Profitable streak
0yrs
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 to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£26.2m£35.4m£32.3m
Cost of sales£25.1m£34.4m£31.3m
Gross profit£1.2m£944k£1m
Operating profit£408k−£119k−£677k
Profit before tax£471k−£171k−£846k
Profit after tax£420k−£89.8k−£672k
Profit (best available)£420k−£89.8k−£672k
Staff costs£240k£245k£345k
Employees (average)7810
Ratios
Profit margin1.6%−0.3%−2.1%
Gross margin4.5%2.7%3.2%
Revenue per employee£3.7m£4.4m£3.2m
Profit per employee£60.1k−£11.2k−£67.2k
Cash conversion−8.1%——
Growth (year on year)
Revenue growth—▲34.9%▼8.7%
Profit growth—▼121.4%—
Headcount growth—▲14.3%▲25%
Balance sheet — indirect signals, not revenue
Cash at bank£13.6k£388k£292k
Net assets£826k£636k−£36k
Fixed assets£247k£394k£527k
Current assets£7.4m£15.1m£10.7m
Debtors£4.4m£10.9m£7.6m
Deferred income£2.3m£3.2m£4.9m
Cash from operations−£32.9k£2.1m−£823k
SourceFullAccounts · bulk data Nov 2024FullAccounts · bulk data Nov 2024FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
−2.1%
Profit ÷ revenue.
Gross margin
3.2%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£3.2m
Revenue ÷ average employees.
Profit per employee
−£67.2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
1.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
15.2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
23.7%
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
▼106%
Now −£36k
Cash at bank
▼25%
Now £292k
Headcount
▲25%
Now 10
Deferred income
▲55%
Now £4.9m
Fixed assets
▲34%
Now £527k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£672k), from the Companies House accounts bulk data published Sep 2025. 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.