SMG Contracts Ltd
Registered name: SMG CONTRACTS LTD
SMG Contracts Ltd made £22.5m revenue and £2.4m profit in the year to 30 Apr 2025.
SMG Contracts Ltd’s revenue grew 37% to £22.5m in the year to 30 Apr 2025, with £2.4m profit and 7 employees. The company is classified under “development of building projects” and is based in Limavady; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Limavady, Northern Ireland
- Age
- 10 yrs · since 2016
- 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 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £16.4m | £22.5m |
| Cost of sales | — | £13.3m | £17.7m |
| Gross profit | — | £3.2m | £4.8m |
| Operating profit | — | £2.4m | £3.7m |
| Profit before tax | — | £2.5m | £3.3m |
| Profit after tax | — | £1.9m | £2.4m |
| Profit (best available) | — | £1.9m | £2.4m |
| Staff costs | — | £241k | £234k |
| Employees (average) | 2 | 3 | 7 |
| Ratios | |||
| Profit margin | — | 11.5% | 10.7% |
| Gross margin | — | 19.3% | 21.4% |
| Revenue per employee | — | £5.5m | £3.2m |
| Profit per employee | — | £627k | £345k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲37.3% |
| Profit growth | — | — | ▲28.3% |
| Headcount growth | — | ▲50% | ▲133.3% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2m | £3.6m | £3.3m |
| Net assets | £2.5m | £4m | £5m |
| Fixed assets | £602k | £890k | £597k |
| Current assets | £4.5m | £5.9m | £7.3m |
| Debtors | £655k | £80.8k | £1.2m |
| Source | AbridgedAccounts · bulk data Jan 2025 | AbridgedAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 10.7%
- Profit ÷ revenue.
- Gross margin
- 21.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £3.2m
- Revenue ÷ average employees.
- Profit per employee
- £345k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5.1%
- 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
- ▲24%
- Now £5m
- Cash at bank
- ▼8%
- Now £3.3m
- Headcount
- ▲133%
- Now 7
- Deferred income
- —
- Now —
- Fixed assets
- ▼33%
- Now £597k
Similar profitable businesses
- Baylis Estates LimitedBristol · Development of building projects
- Revenue
- £22.7m
- Profit
- £1.2m
- Staff
- 8
- McAndrew Utilities LimitedDerby · Development of building projects
- Revenue
- £22.4m
- Profit
- £4.8m
- Staff
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- J.pullan & Sons LimitedLeeds · Development of building projects
- Revenue
- £22.4m
- Profit
- £19.7m
- Staff
- 74
- David Smith Contractors Ltd.Fraserburgh · Development of building projects
- Revenue
- £22.2m
- Profit
- £2.8m
- Staff
- 92
- F I Construction LimitedLancashire · Development of building projects
- Revenue
- £23m
- Profit
- £1.4m
- Staff
- 57
- Fi Facilities Management LimitedChorley · Development of building projects
- Revenue
- £23.1m
- Profit
- £2.1m
- Staff
- 66
Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £2.4m), from the Companies House accounts bulk data published Jan 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.