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.
- Status
- Active
- Location
- Leeds, Yorkshire and The Humber
- Age
- 10 yrs · since 2015
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full 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) | 7 | 8 | 10 |
| Ratios | |||
| Profit margin | 1.6% | −0.3% | −2.1% |
| Gross margin | 4.5% | 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 |
| Source | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Sep 2025 |
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.
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.