David Smith Contractors Ltd.
Registered name: DAVID SMITH CONTRACTORS LTD.
David Smith Contractors Ltd. made £22.2m revenue and £2.8m profit in the year to 30 Apr 2025.
David Smith Contractors Ltd.’s revenue fell 3% to £22.2m in the year to 30 Apr 2025, with £2.8m profit and 92 employees. The company is classified under “development of building projects” and is based in Fraserburgh; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Fraserburgh, Scotland
- Age
- 18 yrs · since 2008
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £17m | £14.5m | £23m | £22.2m |
| Cost of sales | £11.2m | £9.6m | £12.4m | £13.4m |
| Gross profit | £5.8m | £4.8m | £10.6m | £8.7m |
| Operating profit | £2.7m | £1.1m | £6.2m | £3.8m |
| Profit before tax | £2.7m | £1.1m | £6.2m | £3.8m |
| Profit after tax | £2.1m | £953k | £4.6m | £2.8m |
| Profit (best available) | £2.1m | £953k | £4.6m | £2.8m |
| Staff costs | £4.2m | £4.3m | £5m | £5.2m |
| Employees (average) | 85 | 79 | 88 | 92 |
| Ratios | ||||
| Profit margin | 12.5% | 6.6% | 20.2% | 12.8% |
| Gross margin | 33.9% | 33.4% | 46% | 39.4% |
| Revenue per employee | £200k | £183k | £261k | £241k |
| Profit per employee | £24.9k | £12.1k | £52.7k | £30.9k |
| Cash conversion | −110.9% | −169% | −130.8% | −90.5% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼14.9% | ▲58.9% | ▼3.5% |
| Profit growth | — | ▼55% | ▲387.2% | ▼38.8% |
| Headcount growth | — | ▼7.1% | ▲11.4% | ▲4.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.3m | £1.3m | £3.8m | £3.4m |
| Net assets | £5.5m | £6m | £8.5m | £10.3m |
| Fixed assets | £3m | £4.5m | £6.5m | £6.9m |
| Current assets | £6.5m | £5.5m | £7.5m | £9.1m |
| Debtors | £1.1m | £1.5m | £1.4m | £2.5m |
| Cash from operations | −£3m | −£1.9m | −£8.2m | −£3.5m |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 12.8%
- Profit ÷ revenue.
- Gross margin
- 39.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £241k
- Revenue ÷ average employees.
- Profit per employee
- £30.9k
- Profit ÷ average employees.
- Cash conversion
- −90.5%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 31.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.1%
- 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
- ▲20%
- Now £10.3m
- Cash at bank
- ▼9%
- Now £3.4m
- Headcount
- ▲5%
- Now 92
- Deferred income
- —
- Now —
- Fixed assets
- ▲6%
- Now £6.9m
Similar profitable businesses
- J.pullan & Sons LimitedLeeds · Development of building projects
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- £22.4m
- Profit
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- Staff
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- McAndrew Utilities LimitedDerby · Development of building projects
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- Profit
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- SMG Contracts LtdLimavady · Development of building projects
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- £22.5m
- Profit
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- Baylis Estates LimitedBristol · Development of building projects
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- Profit
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- Lysander Group LimitedGodalming · Development of building projects
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- Profit
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- F I Construction LimitedLancashire · Development of building projects
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £2.8m), from the Companies House accounts bulk data published Apr 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.