Harold W Smart & Son Limited
Registered name: HAROLD W SMART & SON LIMITED
Harold W Smart & Son Limited made £17.1m revenue and £1.8m profit in the year to 31 Mar 2025.
Harold W Smart & Son Limited’s revenue fell 5% to £17.1m in the year to 31 Mar 2025, with £1.8m profit and 20 employees. The company is classified under “growing of cereals (except rice), leguminous crops and oil seeds” and is based in Glos; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Glos, South West
- Age
- 62 yrs · since 1964
- 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 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £18m | £17.1m |
| Cost of sales | £14.2m | £13m |
| Gross profit | £3.9m | £4.1m |
| Operating profit | £2.1m | £2.3m |
| Profit before tax | £2.1m | £2.3m |
| Profit after tax | £1.7m | £1.8m |
| Profit (best available) | £1.7m | £1.8m |
| Employees (average) | 20 | 20 |
| Ratios | ||
| Profit margin | 9.7% | 10.8% |
| Gross margin | 21.4% | 23.8% |
| Revenue per employee | £901k | £853k |
| Profit per employee | £87.3k | £91.9k |
| Cash conversion | −120.6% | −120.3% |
| Growth (year on year) | ||
| Revenue growth | — | ▼5.4% |
| Profit growth | — | ▲5.3% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £5.8m | £6.6m |
| Net assets | £16.8m | £18.5m |
| Fixed assets | £14.1m | £16.5m |
| Current assets | £9.8m | £9.8m |
| Debtors | £157k | £76.2k |
| Cash from operations | −£2.5m | −£2.8m |
| Source | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 10.8%
- Profit ÷ revenue.
- Gross margin
- 23.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £853k
- Revenue ÷ average employees.
- Profit per employee
- £91.9k
- Profit ÷ average employees.
- Cash conversion
- −120.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 97%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.4%
- 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
- ▲10%
- Now £18.5m
- Cash at bank
- ▲13%
- Now £6.6m
- Headcount
- 0%
- Now 20
- Deferred income
- —
- Now —
- Fixed assets
- ▲17%
- Now £16.5m
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.8m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Updated from Companies House on 23 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.