SMN Ventures Ltd
Registered name: SMN VENTURES LTD
Part of Ogada Family Office UK Ltd groupSMN Ventures Ltd made £15.2m revenue and £4.1m profit in the year to 30 Nov 2025.
SMN Ventures Ltd’s revenue was £15.2m in the year to 30 Nov 2025, with £4.1m profit and 1 employee. The company is classified under “retail sale via mail order houses or via internet” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 4 yrs · since 2022
- 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 Aug 2023 | 30 Nov 2024 | 30 Nov 2025 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £3.7m | £15.2m |
| Cost of sales | — | £1.5m | £7.1m |
| Gross profit | — | £2.2m | £8.1m |
| Operating profit | — | £1.4m | £5.1m |
| Profit before tax | — | £1.4m | £5.1m |
| Profit after tax | — | £1.3m | £4.1m |
| Profit (best available) | — | £1.3m | £4.1m |
| Employees (average) | 1 | 1 | 1 |
| Ratios | |||
| Profit margin | — | 34.6% | 27.1% |
| Gross margin | — | 59% | 53.3% |
| Revenue per employee | — | £3.7m | £15.2m |
| Profit per employee | — | £1.3m | £4.1m |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | — | £416k | £2.6m |
| Net assets | £1 | £467k | £2.6m |
| Fixed assets | £0 | £106k | £59.4k |
| Current assets | — | £589k | £4.5m |
| Debtors | — | £83.7k | £670k |
| Source | Accounts · bulk data Nov 2023 | AbridgedAccounts · bulk data Jun 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 27.1%
- Profit ÷ revenue.
- Gross margin
- 53.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £15.2m
- Revenue ÷ average employees.
- Profit per employee
- £4.1m
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.4%
- 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 £2.6m
- Cash at bank
- —
- Now £2.6m
- Headcount
- —
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £59.4k
Group structure
Ownership chain
- Ogada Family Office UK Ltdultimate parent75–100%
- O.s.l. Equity Group Ltd75–100%
- SMN Ventures Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Vector Parallax LtdFigures not disclosed
Sister companies (1)
- Ogada Enterprise LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Nov 2025 (profit £4.1m), from the Companies House accounts bulk data published Feb 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.