Phonesmart Limited
Registered name: PHONESMART LIMITED
Part of Phonesmart Investments Ltd groupPhonesmart Limited made £45.2m revenue and £5.8m profit in the year to 30 Apr 2025.
Phonesmart Limited’s revenue was £45.2m in the year to 30 Apr 2025, with £5.8m profit and 12 employees. The company is classified under “wireless telecommunications activities” and is based in Glasgow; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Glasgow, Scotland
- Age
- 17 yrs · since 2008
- Type
- Private Limited Company
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 Nov 2023 | 30 Apr 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £26.3m | £45.2m |
| Cost of sales | £20.5m | £36.2m |
| Gross profit | £5.8m | £9m |
| Operating profit | £5.3m | £7.8m |
| Profit before tax | £5.3m | £7.8m |
| Profit after tax | £4.1m | £5.8m |
| Profit (best available) | £4.1m | £5.8m |
| Staff costs | £511k | £820k |
| Employees (average) | 10 | 12 |
| Ratios | ||
| Profit margin | 15.5% | 12.9% |
| Gross margin | 22% | 19.9% |
| Revenue per employee | £2.6m | £3.8m |
| Profit per employee | £407k | £486k |
| Cash conversion | −22.4% | −105.3% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £106k | £924k |
| Net assets | £5.8m | £8.9m |
| Fixed assets | £65.6k | £1.8m |
| Current assets | £8m | £7.7m |
| Debtors | £64.4k | £127k |
| Deferred income | £73.9k | £0 |
| Cash from operations | −£1.2m | −£8.2m |
| Source | FullAccounts · bulk data Jan 2026 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 12.9%
- Profit ÷ revenue.
- Gross margin
- 19.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £3.8m
- Revenue ÷ average employees.
- Profit per employee
- £486k
- Profit ÷ average employees.
- Cash conversion
- −105.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.3%
- 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
- —
- Now £8.9m
- Cash at bank
- —
- Now £924k
- Headcount
- —
- Now 12
- Deferred income
- —
- Now £0
- Fixed assets
- —
- Now £1.8m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Phonesmart Investments Ltdultimate parent50–75%
- Phonesmart Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Purdicom LimitedWantage · Wireless telecommunications activities
- Revenue
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- Profit
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- Staff
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- Telelink (UK) LimitedReading · Wireless telecommunications activities
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- Ericsson Enterprise Wireless Solutions UK LtdLondon · Wireless telecommunications activities
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- Profit
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- Cellxion LtdLondon · Wireless telecommunications activities
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- Profit
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- Midland Communications Distribution LimitedDerby · Wireless telecommunications activities
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- Profit
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- Clarus Networks LimitedBathgate · Wireless telecommunications activities
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- Profit
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £5.8m), from the Companies House accounts bulk data published Jan 2026. 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.