Smyle Creative Group Limited
Registered name: SMYLE CREATIVE GROUP LIMITED
Part of Human Network Limited groupSmyle Creative Group Limited made £0 revenue and a £1.7m loss in the year to 28 Feb 2025.
Smyle Creative Group Limited’s revenue fell 100% to £0 in the year to 28 Feb 2025, with a loss of £1.7m and 7 employees. The company is classified under “activities of other holding companies” and is based in Hailsham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Hailsham, South East
- Age
- 8 yrs · since 2018
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 28 Feb 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £26m | £42.2m | £5.9k | £0 |
| Cost of sales | £14.9m | £26m | — | — |
| Gross profit | £11.1m | £16.2m | — | — |
| Operating profit | −£710k | −£1.5m | −£1.5m | −£1.2m |
| Profit before tax | £1.4m | £2.3m | −£5.7m | −£1.4m |
| Profit after tax | £1.4m | £2.2m | −£5.1m | −£1.7m |
| Profit (best available) | £1.4m | £2.2m | −£5.1m | −£1.7m |
| Staff costs | £1m | £1m | £979k | £657k |
| Employees (average) | 6 | 6 | 185 | 7 |
| Ratios | ||||
| Profit margin | 5.5% | 5.2% | −86605% | — |
| Gross margin | 42.8% | 38.3% | — | — |
| Revenue per employee | £4.3m | £7m | £32 | £0 |
| Profit per employee | £237k | £366k | −£27.7k | −£249k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲62.2% | ▼100% | ▼100% |
| Profit growth | — | ▲54.6% | ▼333.4% | — |
| Headcount growth | — | 0% | ▲2983% | ▼96.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.5m | £681k | — | — |
| Net assets | £2.6m | £1.1m | −£4m | −£5.8m |
| Fixed assets | £15.7m | £16.5m | £12.3m | £12.2m |
| Debtors | £0 | £0 | £0 | £714k |
| Deferred income | £460k | £795k | £469k | £124k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £0
- Revenue ÷ average employees.
- Profit per employee
- −£249k
- 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 −£5.8m
- Cash at bank
- —
- Now —
- Headcount
- ▼96%
- Now 7
- Deferred income
- ▼73%
- Now £124k
- Fixed assets
- ▼1%
- Now £12.2m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Human Network Limitedultimate parent75–100%
- Human Events Limited75–100%
- Project Elm Limited75–100%
- Smyle Creative Group Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Smyle Creative LimitedRev. £37.7m · Profit £1.6m
- NJ Live LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit −£1.7m), from the Companies House accounts bulk data published Nov 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.