Smart Payment Technologies Top Co Limited
Registered name: SMART PAYMENT TECHNOLOGIES TOP CO LIMITED
Part of NVM III GP LLP groupSmart Payment Technologies Top Co Limited made £19.2m revenue and a £1.6m loss in the year to 30 Apr 2025.
Smart Payment Technologies Top Co Limited’s revenue fell 10% to £19.2m in the year to 30 Apr 2025, with a loss of £1.6m and 76 employees. The company is classified under “activities of other holding companies” and is based in Leicestershire; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Leicestershire, East Midlands
- Age
- 7 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 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £24.5m | £21.3m | £19.2m |
| Cost of sales | −£13.9m | −£11.5m | −£10.7m |
| Gross profit | £10.6m | £9.8m | £8.5m |
| Operating profit | £1.3m | £1.2m | −£148k |
| Profit before tax | £645k | −£29.4k | −£1.6m |
| Profit after tax | £96.9k | −£473k | −£1.6m |
| Profit (best available) | £96.9k | −£473k | −£1.6m |
| Employees (average) | 71 | 71 | 76 |
| Ratios | |||
| Profit margin | 0.4% | −2.2% | −8.4% |
| Gross margin | 43.3% | 46.1% | 44.3% |
| Revenue per employee | £345k | £300k | £253k |
| Profit per employee | £1.4k | −£6.7k | −£21.2k |
| Growth (year on year) | |||
| Revenue growth | — | ▼13.1% | ▼9.6% |
| Profit growth | — | ▼588.4% | — |
| Headcount growth | — | 0% | ▲7% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data May 2025 | Accounts · bulk data May 2025 | Accounts · bulk data Jan 2026 |
How the business works
- Profit margin
- −8.4%
- Profit ÷ revenue.
- Gross margin
- 44.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £253k
- Revenue ÷ average employees.
- Profit per employee
- −£21.2k
- 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 —
- Cash at bank
- —
- Now —
- Headcount
- ▲7%
- Now 76
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- NVM III GP LLPultimate parent50–75%
- Smart Payment Technologies Top Co Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Smart Payment Technologies Bid Co LimitedFigures not disclosed
Sister companies (6)
- Chemigraphic (Topco) LimitedRev. — · Profit −£210k
- Deps Holdings LimitedRev. — · Profit −£9k
- Easby Group Topco LimitedRev. — · Profit −£12.4k
- Project Jorvik Topco LimitedRev. — · Profit £338k
- Project Mersey Topco LimitedRev. — · Profit £0
- The Salocin Group Holdings LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Apr 2025 (profit −£1.6m), 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.