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Company No. 10994263 · Incorporated 3 Oct 2017

SMH Holdings Ltd

Registered name: SMH HOLDINGS LTD

Part of Phoenix Equity Partners Holdings LLP group

SMH Holdings Ltd made £10.6m revenue and £1.8m profit in the year to 31 Aug 2024. read from filing text

SMH Holdings Ltd’s revenue grew 32% to £10.6m in the year to 31 Aug 2024, with £1.8m profit and 137 employees. The company is classified under “accounting and auditing activities” and is based in Sheffield; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 69201Accounting and auditing activities
Status
Active
Location
Sheffield, Yorkshire and The Humber
Age
9 yrs · since 2017
Type
Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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.

Latest accounts · year to 31 Aug 2024

Key figures

Revenue
£10.6m
Growth ▲31.9%
Profit
£1.8m
Growth ▲28%
Profit margin
16.6%
Gross 58.2%
Employees
137
Change ▲17.1%
Profit / employee
£12.9k
Revenue/employee £77.6k
Profitable streak
3yrs
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 Aug 202231 Aug 202331 Aug 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£7m£8.1m£10.6m
Cost of sales£3.2m£3.5m£4.4m
Gross profit£3.8m£4.6m£6.2m
Operating profit£1.8m£2m£2.8m
Profit before tax£1.7m£1.8m£2.5m
Profit after tax£1.3m£1.4m£1.8m
Profit (best available)£1.3m£1.4m£1.8m
Employees (average)101117137
Ratios
Profit margin18.4%17.1%16.6%
Gross margin54.1%57%58.2%
Revenue per employee£69.8k£68.9k£77.6k
Profit per employee£12.8k£11.8k£12.9k
Growth (year on year)
Revenue growth—▲14.3%▲31.9%
Profit growth—▲6.6%▲28%
Headcount growth—▲15.8%▲17.1%
Balance sheet — indirect signals, not revenue
Cash at bank£13.2k£0£200
Net assets£2.7m£3.1m£4.4m
Fixed assets£2.4m£3.2m£3.2m
Current assets£2.2m£3.1m£4m
Debtors£0£0£0
SourceFullAccounts · bulk data Jun 2024FullAccounts · bulk data Jun 2024FullAccounts · bulk data May 2025
Derived from the latest filing

How the business works

Profit margin
16.6%
Profit ÷ revenue.
Gross margin
58.2%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£77.6k
Revenue ÷ average employees.
Profit per employee
£12.9k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
29.9%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0%
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
▲44%
Now £4.4m
Cash at bank
—
Now £200
Headcount
▲17%
Now 137
Deferred income
—
Now —
Fixed assets
▼1%
Now £3.2m
Corporate ownership

Group structure

Ownership chain

  1. Phoenix Equity Partners Holdings LLPultimate parent75–100%
  2. Phoenix Equity Partners Group Limited50–75%
  3. SMH Topco Limited75–100%
  4. SMH Management Services 1 Limited75–100%
  5. SMH Management Services 2 Limited75–100%
  6. SMH Management Services Limited75–100%
  7. SMH Holdings Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (12)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Aug 2024 (profit £1.8m), from the Companies House accounts bulk data published May 2025. 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.