How much does Smorgs (Ni) Management Limited make?

Smorgs (Ni) Management Limited reported revenue of £2.2m and £341k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

Is Smorgs (Ni) Management Limited profitable?

Yes — Smorgs (Ni) Management Limited reported a profit of £341k in the year to 31 Dec 2023.

Company No. NI623948 · Incorporated 7 Apr 2014

Smorgs (Ni) Management Limited

Registered name: SMORGS (NI) MANAGEMENT LIMITED

Part of Andras House Limited group

Smorgs (Ni) Management Limited made £2.2m revenue and £341k profit in the year to 31 Dec 2023.

Smorgs (Ni) Management Limited’s revenue grew 5% to £2.2m in the year to 31 Dec 2023, with £341k profit. The company is classified under “other business support service activities” and is based in Belfast; we hold 2 years of its filed accounts.

Full P&L filedSIC 82990Other business support service activities n.e.c.

Status: Active
Location: Belfast
Age: 12 yrs · since 2014
Type: Private Limited Company

Latest accounts · year to 31 Dec 2023

Key figures

Revenue

£2.2m

Growth ▲5.4%

Profit

£341k

Growth ▼40.3%

Profit margin

15.6%

Gross 99.6%

Employees

—

Change —

Profit / employee

—

Profitable streak

2yrs

Consecutive profitable years in our data

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£2.1m	£2.2m
Cost of sales	−£13.8k	−£9.4k
Gross profit	£2.1m	£2.2m
Operating profit	£705k	£373k
Profit before tax	£705k	£373k
Profit after tax	£571k	£341k
Profit (best available)	£571k	£341k
Employees (average)	—	—
Ratios
Profit margin	27.5%	15.6%
Gross margin	99.3%	99.6%
Growth (year on year)
Revenue growth	—	▲5.4%
Profit growth	—	▼40.3%
Balance sheet — indirect signals, not revenue
Net assets	—	—
Source	Accounts · bulk data Nov 2024	Accounts · bulk data Nov 2024

Derived from the latest filing

How the business works

Profit margin: 15.6%; Profit ÷ revenue.
Gross margin: 99.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; 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.

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: —; Now —
Cash at bank: —; Now —
Headcount: —; Now —
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Andras House Limitedultimate parent75–100%
Smorgs (Ni) Management Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

Varna Investments LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2023 (profit £341k), from the Companies House accounts bulk data published Nov 2024. Spotted an error? Request a correction.

Updated from Companies House on 15 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.