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Company No. SC638723 · Incorporated 13 Aug 2019

Smart Protein Ltd

Registered name: SMART PROTEIN LTD

Part of The Original Fit Factory Ltd group

Smart Protein Ltd made £2.4m revenue and a £776k loss in the year to 31 Dec 2024.

Smart Protein Ltd’s revenue was £2.4m in the year to 31 Dec 2024, with a loss of £776k. The company is classified under “manufacture of homogenized food preparations and dietetic food” and is based in Glasgow; we hold 3 years of its filed accounts.

Status
Active
Location
Glasgow, Scotland
Age
7 yrs · since 2019
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.

Latest accounts · year to 31 Dec 2024

Key figures

Revenue
£2.4m
Growth —
Profit
−£776k
Growth —
Profit margin
−32.2%
Gross 7.6%
Employees
—
Change —
Profit / employee
—
 
Profitable streak
0yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202131 Dec 202231 Dec 2024
DisclosureProfit onlyProfit onlyFull P&L
Profit & loss
Revenue (turnover)——£2.4m
Cost of sales——−£2.2m
Gross profit——£182k
Operating profit——−£500k
Profit before tax——−£776k
Profit after tax−£1.5k£575k−£776k
Profit (best available)−£1.5k£575k−£776k
Employees (average)00—
Ratios
Profit margin——−32.2%
Gross margin——7.6%
Balance sheet — indirect signals, not revenue
Cash at bank£5.9k£1.1k—
Net assets−£1.4k£573k—
Current assets£892k£688k—
Debtors£6.1k£0—
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023Accounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
−32.2%
Profit ÷ revenue.
Gross margin
7.6%
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

  1. The Original Fit Factory Ltdultimate parent75–100%
  2. Smart Protein Ltdthis company

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

Sister companies (2)

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

Sources

Latest figures from accounts for the year to 31 Dec 2024 (profit −£776k), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.

Updated from Companies House on 12 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.