Smartestenergy Business Limited
Registered name: SMARTESTENERGY BUSINESS LIMITED
Part of Marubeni Corporation groupSmartestenergy Business Limited made £438m revenue and a £2.5m loss in the year to 31 Mar 2025. read from filing text
Smartestenergy Business Limited’s revenue grew 1% to £438m in the year to 31 Mar 2025, with a loss of £2.5m and 181 employees. The company is classified under “trade of electricity” and is based in Worthing; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Worthing, South East
- Age
- 18 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. From the filing: “The immediate parent company is SmartestEnergy Limited, a company incorporated in the UK. The ultimate parent company is Marubeni Corporation, a company incorporated and listed in Japan.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £113m | £286m | £432m | £438m |
| Cost of sales | £105m | £235m | £373m | £400m |
| Gross profit | £7.7m | £51.3m | £59.8m | £38.2m |
| Operating profit | −£1m | £20.9m | £9.6m | −£3.1m |
| Profit before tax | −£1m | £20.6m | £9.7m | −£3.1m |
| Profit after tax | −£1m | £17m | £7.2m | −£2.5m |
| Profit (best available) | −£1m | £17m | £7.2m | −£2.5m |
| Staff costs | £4m | £7.3m | £10.7m | £11.5m |
| Employees (average) | 90 | 110 | 146 | 181 |
| Ratios | ||||
| Profit margin | −0.9% | 5.9% | 1.7% | −0.6% |
| Gross margin | 6.8% | 17.9% | 13.8% | 8.7% |
| Revenue per employee | £1.3m | £2.6m | £3m | £2.4m |
| Profit per employee | −£11.4k | £154k | £49.5k | −£13.7k |
| Cash conversion | — | −26.2% | −26.8% | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲153.1% | ▲51.1% | ▲1.4% |
| Profit growth | — | — | ▼57.4% | ▼134.4% |
| Headcount growth | — | ▲22.2% | ▲32.7% | ▲24% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £6.9m | £10.1m | £1.3m | £1.5m |
| Net assets | −£6.2m | £10.7m | £18m | £4.7m |
| Fixed assets | £1.3m | £2.7m | £4.9m | £8.4m |
| Current assets | £47.2m | £107m | £136m | £154m |
| Debtors | £11.9m | £25.8m | £52.7m | £50.9m |
| Deferred income | £24.3m | £51.4m | £67m | £77.6m |
| Cash from operations | −£2.8m | −£5.5m | −£2.6m | −£13.1m |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- −0.6%
- Profit ÷ revenue.
- Gross margin
- 8.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £2.4m
- Revenue ÷ average employees.
- Profit per employee
- −£13.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 17.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.6%
- 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
- ▼74%
- Now £4.7m
- Cash at bank
- ▲16%
- Now £1.5m
- Headcount
- ▲24%
- Now 181
- Deferred income
- ▲16%
- Now £77.6m
- Fixed assets
- ▲73%
- Now £8.4m
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
- Marubeni Corporation (registered outside the UK register)ultimate parent75–100%
- Smartestenergy Limited75–100%
- Smartestenergy Business Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Smartestenergy Europe LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£2.5m), from the Companies House accounts bulk data published Nov 2025. 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.