Smith & Brock Ltd
Registered name: SMITH & BROCK LTD
Part of Bees & Honey Ltd groupSmith & Brock Ltd made £35.1m revenue and £81.9k profit in the year to 31 Oct 2025.
Smith & Brock Ltd’s revenue grew 6% to £35.1m in the year to 31 Oct 2025, with £81.9k profit and 131 employees. The company is classified under “wholesale of fruit and vegetables” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 10 yrs · since 2016
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £23.9m | £28.2m | £33.2m | £35.1m |
| Cost of sales | £19.7m | £23.3m | £27.6m | £29.9m |
| Gross profit | £4.1m | £4.8m | £5.6m | £5.2m |
| Operating profit | £1.2m | £1.6m | £1.7m | £485k |
| Profit before tax | £1m | £1.3m | £1.4m | £151k |
| Profit after tax | £827k | £1.2m | £1.3m | £81.9k |
| Profit (best available) | £827k | £1.2m | £1.3m | £81.9k |
| Staff costs | £4.3m | £4.9m | £5.3m | £6.3m |
| Employees (average) | 94 | 94 | 116 | 131 |
| Ratios | ||||
| Profit margin | 3.5% | 4.1% | 3.8% | 0.2% |
| Gross margin | 17.3% | 17.1% | 16.9% | 14.8% |
| Revenue per employee | £254k | £300k | £286k | £268k |
| Profit per employee | £8.8k | £12.3k | £10.9k | £625 |
| Cash conversion | −110.7% | −109% | −108% | −228.3% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲18% | ▲17.9% | ▲5.8% |
| Profit growth | — | ▲40.3% | ▲8.7% | ▼93.5% |
| Headcount growth | — | 0% | ▲23.4% | ▲12.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £135k | £85.8k | £515k | £36.4k |
| Net assets | £822k | £1.5m | £1.8m | £1.9m |
| Fixed assets | £1.9m | £2.1m | £2.4m | £2.7m |
| Current assets | £10m | £7.4m | £9.4m | £10.4m |
| Debtors | £5.5m | £4.6m | £5m | £5.3m |
| Cash from operations | −£1.3m | −£1.7m | −£1.9m | −£1.1m |
| Source | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 0.2%
- Profit ÷ revenue.
- Gross margin
- 14.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £268k
- Revenue ÷ average employees.
- Profit per employee
- £625
- Profit ÷ average employees.
- Cash conversion
- −228.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 7.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 15%
- 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
- ▲5%
- Now £1.9m
- Cash at bank
- ▼93%
- Now £36.4k
- Headcount
- ▲13%
- Now 131
- Deferred income
- —
- Now —
- Fixed assets
- ▲11%
- Now £2.7m
Group structure
Ownership chain
- Bees & Honey Ltdultimate parent75–100%
- Smith & Brock Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (5)
- Bespoke by Smith & Brock LtdFigures not disclosed
- Catch! by Smith & Brock LtdFigures not disclosed
- Knock Knock by Smith & Brock LtdFigures not disclosed
- Sylva London LtdFigures not disclosed
- Uncle Reg LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £81.9k), from the Companies House accounts bulk data published Jul 2026. 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.