H.R. Smith Group Limited
Registered name: H.R. SMITH GROUP LIMITED
H.R. Smith Group Limited made £39.3m revenue and a £656k loss in the year to 31 Jan 2025.
H.R. Smith Group Limited’s revenue grew 5% to £39.3m in the year to 31 Jan 2025, with a loss of £656k and 344 employees. The company is classified under “activities of production holding companies” and is based in Leominster; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Leominster, West 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jan 2022 | 31 Jan 2023 | 31 Jan 2024 | 31 Jan 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Profit only | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £37.3m | £39.3m |
| Cost of sales | £9.1m | £11.2m | £12.8m | £13.8m |
| Gross profit | — | — | £24.6m | £25.5m |
| Operating profit | — | — | £7.2m | £10m |
| Profit before tax | — | — | £7.9m | £10.9m |
| Profit after tax | −£1.9m | £22.5m | £22.5m | −£656k |
| Profit (best available) | −£1.9m | £22.5m | £22.5m | −£656k |
| Staff costs | £624k | £634k | £691k | £17.8m |
| Employees (average) | 5 | 5 | 5 | 344 |
| Ratios | ||||
| Profit margin | — | — | 60.4% | −1.7% |
| Gross margin | — | — | 65.8% | 65% |
| Revenue per employee | — | — | £7.5m | £114k |
| Profit per employee | −£383k | £4.5m | £4.5m | −£1.9k |
| Cash conversion | — | — | 113.3% | 37.2% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲5.3% |
| Profit growth | — | — | ▲0.3% | ▼102.9% |
| Headcount growth | — | 0% | 0% | ▲6780% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £10.6m | £11.2m | £14.6m | £10.9m |
| Net assets | — | £9.2m | £28.8m | £28.1m |
| Fixed assets | £10.8m | £12m | £13.3m | £17.1m |
| Current assets | £23.6m | £26.2m | £31.3m | £33.6m |
| Debtors | £0 | £0 | £7.6k | £6.4m |
| Deferred income | £48k | £103k | £181k | — |
| Cash from operations | — | — | £8.1m | £3.7m |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- −1.7%
- Profit ÷ revenue.
- Gross margin
- 65%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £114k
- Revenue ÷ average employees.
- Profit per employee
- −£1.9k
- Profit ÷ average employees.
- Cash conversion
- 37.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 43.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 16.3%
- 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
- ▼2%
- Now £28.1m
- Cash at bank
- ▼25%
- Now £10.9m
- Headcount
- ▲6780%
- Now 344
- Deferred income
- —
- Now —
- Fixed assets
- ▲28%
- Now £17.1m
Group structure
Subsidiaries (3)
- Techtest LimitedRev. £33.4m · Profit £9m
- Chunc LimitedFigures not disclosed
- H. R. Smith Aviation LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Jan 2025 (profit −£656k), from the Companies House accounts bulk data published Oct 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.