How much does Smaa Developments Limited make?

Smaa Developments Limited reported revenue of £3.2m and a loss of £1.5m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Smaa Developments Limited have?

Smaa Developments Limited reported an average of 2 employees in the year to 31 Dec 2024.

Is Smaa Developments Limited profitable?

No — Smaa Developments Limited reported a loss of £1.5m in the year to 31 Dec 2024.

Company No. 11468596 · Incorporated 17 Jul 2018

Smaa Developments Limited

Registered name: SMAA DEVELOPMENTS LIMITED

Smaa Developments Limited made £3.2m revenue and a £1.5m loss in the year to 31 Dec 2024.

Smaa Developments Limited’s revenue grew 38% to £3.2m in the year to 31 Dec 2024, with a loss of £1.5m and 2 employees. The company is classified under “buying and selling of own real estate” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68100Buying and selling of own real estate

Status: Active
Location: London, London
Age: 8 yrs · since 2018
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

IndependentSmall team

Revenue

£3.2m

Growth ▲38.2%

Profit

−£1.5m

Growth —

Profit margin

−48.5%

Employees

Change 0%

Profit / employee

−£766k

Revenue/employee £1.6m

Profitable streak

0yrs

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 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£2.3m	£3.2m
Operating profit	−£16.4m	£528k
Profit before tax	−£17.4m	−£1.5m
Profit after tax	−£17.9m	−£1.5m
Profit (best available)	−£17.9m	−£1.5m
Employees (average)	2	2
Ratios
Profit margin	−781.7%	−48.5%
Revenue per employee	£1.1m	£1.6m
Profit per employee	−£8.9m	−£766k
Growth (year on year)
Revenue growth	—	▲38.2%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£391k	£143k
Net assets	£27.9m	£26.5m
Current assets	£3.9m	£5.5m
Debtors	£529k	£1.9m
Deferred income	£133k	£0
Source	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −48.5%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.6m; Revenue ÷ average employees.
Profit per employee: −£766k; 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: 0%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 61.7%; 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: ▼5%; Now £26.5m
Cash at bank: ▼63%; Now £143k
Headcount: 0%; Now 2
Deferred income: ▼100%; Now £0
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 2024 (profit −£1.5m), from the Companies House accounts bulk data published Dec 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.