How much does I-Smart Developments Limited make?

I-Smart Developments Limited reported revenue of £22.2m and £920k profit in the year to 30 Jan 2025, according to its accounts filed at Companies House.

How many employees does I-Smart Developments Limited have?

I-Smart Developments Limited reported an average of 12 employees in the year to 30 Jan 2025.

Is I-Smart Developments Limited profitable?

Yes — I-Smart Developments Limited reported a profit of £920k in the year to 30 Jan 2025.

Company No. 11153428 · Incorporated 16 Jan 2018

I-Smart Developments Limited

Registered name: I-SMART DEVELOPMENTS LIMITED

Part of S D'arcy Holdings Limited group

I-Smart Developments Limited made £22.2m revenue and £920k profit in the year to 30 Jan 2025.

I-Smart Developments Limited’s revenue grew 103% to £22.2m in the year to 30 Jan 2025, with £920k profit and 12 employees. The company is classified under “general medical practice activities” and is based in Birmingham; we hold 3 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 86210General medical practice activities

Status: Active
Location: Birmingham, West Midlands
Age: 8 yrs · since 2018
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.

Latest accounts · year to 30 Jan 2025

Key figures

Capital-light

Revenue

£22.2m

Growth ▲102.6%

Profit

£920k

Growth ▼6.7%

Profit margin

4.1%

Gross 24.4%

Employees

Change ▲20%

Profit / employee

£76.6k

Revenue/employee £1.9m

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Jan 2023	30 Jan 2024	30 Jan 2025
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£11m	£22.2m
Cost of sales	—	£7.8m	£16.8m
Gross profit	—	£3.2m	£5.4m
Operating profit	—	£1.2m	£1.2m
Profit before tax	—	£1.2m	£1.2m
Profit after tax	—	£986k	£920k
Profit (best available)	—	£986k	£920k
Staff costs	—	£1.1m	£2.2m
Employees (average)	10	10	12
Ratios
Profit margin	—	9%	4.1%
Gross margin	—	28.8%	24.4%
Revenue per employee	—	£1.1m	£1.9m
Profit per employee	—	£98.6k	£76.6k
Growth (year on year)
Revenue growth	—	—	▲102.6%
Profit growth	—	—	▼6.7%
Headcount growth	—	0%	▲20%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.8m	£1.8m	£3.6m
Net assets	£3m	£4.3m	£4.5m
Fixed assets	£85.2k	£67.4k	£39.9k
Current assets	£3.8m	£7.1m	£8.3m
Debtors	£1.5m	£2.3m	£1.1m
Deferred income	£3.9k	£312k	£1.6m
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: 4.1%; Profit ÷ revenue.
Gross margin: 24.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.9m; Revenue ÷ average employees.
Profit per employee: £76.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 7.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 5%; 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: ▲4%; Now £4.5m
Cash at bank: ▲94%; Now £3.6m
Headcount: ▲20%; Now 12
Deferred income: ▲416%; Now £1.6m
Fixed assets: ▼41%; Now £39.9k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

S D'arcy Holdings Limitedultimate parent50–75%
I-Smart Developments Limitedthis company

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

Subsidiaries (1)

I-Smart Developments China LimitedFigures not disclosed

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Jan 2025 (profit £920k), from the Companies House accounts bulk data published Jan 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.