How much does Ghsmart UK Limited make?

Ghsmart UK Limited reported revenue of £16.4m and £2.6m profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Ghsmart UK Limited have?

Ghsmart UK Limited reported an average of 33 employees in the year to 31 Dec 2023.

Is Ghsmart UK Limited profitable?

Yes — Ghsmart UK Limited reported a profit of £2.6m in the year to 31 Dec 2023.

Company No. 10044014 · Incorporated 4 Mar 2016

Ghsmart UK Limited

Registered name: GHSMART UK LIMITED

Ghsmart UK Limited made £16.4m revenue and £2.6m profit in the year to 31 Dec 2023.

Ghsmart UK Limited’s revenue grew 4% to £16.4m in the year to 31 Dec 2023, with £2.6m profit and 33 employees. The company is classified under “management consultancy activities other than financial management” and is based in Bristol; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 70229Management consultancy activities other than financial management

Status: Active
Location: Bristol, South West
Age: 10 yrs · since 2016
Type: Private Limited Company

Latest accounts · year to 31 Dec 2023

Key figures

Independent

Revenue

£16.4m

Growth ▲3.7%

Profit

£2.6m

Growth ▼15.2%

Profit margin

15.6%

Employees

Change ▲13.8%

Profit / employee

£77.4k

Revenue/employee £496k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£15.8m	£16.4m
Operating profit	£3.8m	£3.4m
Profit before tax	£3.8m	£3.4m
Profit after tax	£3m	£2.6m
Profit (best available)	£3m	£2.6m
Staff costs	£10.5m	£10.8m
Employees (average)	29	33
Ratios
Profit margin	19.1%	15.6%
Revenue per employee	£544k	£496k
Profit per employee	£104k	£77.4k
Growth (year on year)
Revenue growth	—	▲3.7%
Profit growth	—	▼15.2%
Headcount growth	—	▲13.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.9m	£2.5m
Net assets	£7.2m	£9.8m
Current assets	£9.7m	£13m
Debtors	£4.1m	£2.9m
Deferred income	£1m	£1.5m
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024

Derived from the latest filing

How the business works

Profit margin: 15.6%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £496k; Revenue ÷ average employees.
Profit per employee: £77.4k; 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: 9.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18%; 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: ▲35%; Now £9.8m
Cash at bank: ▼12%; Now £2.5m
Headcount: ▲14%; Now 33
Deferred income: ▲43%; Now £1.5m
Fixed assets: —; Now —

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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £2.6m), from the Companies House accounts bulk data published Aug 2024. 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.