Smsl3 Limited
Registered name: SMSL3 LIMITED
Part of Greencoat Solar Assets I Limited groupSmsl3 Limited made £959k revenue and £367k profit in the year to 31 Dec 2025.
Smsl3 Limited’s revenue grew 27% to £959k in the year to 31 Dec 2025, with £367k profit and 0 employees. The company is classified under “production of electricity” and is based in Exeter; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Exeter
- Age
- 10 yrs · since 2016
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £632k | £755k | £959k |
| Cost of sales | −£46.1k | −£40k | −£41k |
| Gross profit | £586k | £715k | £918k |
| Operating profit | £362k | £485k | £677k |
| Profit before tax | £176k | £301k | £502k |
| Profit after tax | £95.1k | £235k | £367k |
| Profit (best available) | £95.1k | £235k | £367k |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | 15% | 31.1% | 38.2% |
| Gross margin | 92.7% | 94.7% | 95.7% |
| Growth (year on year) | |||
| Revenue growth | — | ▲19.4% | ▲27.1% |
| Profit growth | — | ▲147.3% | ▲56% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jun 2025 | Accounts · bulk data Jun 2025 | Accounts · bulk data Oct 2026 |
How the business works
- Profit margin
- 38.2%
- Profit ÷ revenue.
- Gross margin
- 95.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Greencoat Solar Assets I Limitedultimate parent75–100%
- Scottow Moor Solar Limited75–100%
- Smsl3 Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Smsl1 LimitedFigures not disclosed
- Smsl2 LimitedFigures not disclosed
- Smsl4 LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £367k), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.
Updated from Companies House on 17 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.