SCIENTIFIC MANAGEMENT INTERNATIONAL LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. SCIENTIFIC MANAGEMENT INTERNATIONAL LIMITED 2017-02-17 → present
2. SCIENTIFIC MANAGEMENT ASSOCIATES (UK) LIMITED 1992-11-23 → 2017-02-17

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102 §1A

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

RPG Crouch Chapman LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. SCIENTIFIC MANAGEMENT INTERNATIONAL LIMITED · parent
   1. Scientific Management International PTY Ltd 100% · Australia
   2. Plastethurm Ltd 100% · UK · dormant
   3. Slipstream Optics Ltd 100% · UK · dormant
   4. Telemetrix Ltd 100% · UK · dormant
   5. Fibregence Ltd 100% · UK · dormant

Significant events

• “2024 was a period of significant achievement and strategic realignment for Scientific Management International (SMI), marked by substantial progress in line with our growth objectives. Despite external challenges, including a UK General Election and persistent supply chain issues, the company demonstrated resilience and adaptability, achieving a strong financial performance and advancing its diversification strategy.”
• “The UK Government announced defence spending will increase to 2.5% of GDP from April 2027, rising to 3% by the next parliament, and potentially up to 5% by 2035, in recognition of increased global threats. The conclusion of the Strategic Defence Review by the UK Government in June 2025 also provided further details of the AUKUS agreement, in which SMI expects to play a pivotal role.”
• “Transport: SMI has been supporting electric foiling boats, further expanding our reach into innovative transport solutions.”
• “A significant operational challenge throughout 2024 was the extended lead times for critical cable and connector supplies, which, for the first time, exceeded a calendar year. Strenuous efforts were undertaken across operations to secure adherence to schedule from the supply chain, a challenge that persists into 2025.”
• “The Company will be migrating its IT system to The Cloud. A new Head of Commercial role will join in 2025, providing renewed focus to the sales team and executing on our strategic objectives. The pipeline for the future is strong, with the timing of order wins crucial for maximising value.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +23.7%

  £7,023,308 → £8,688,425

• Cash

  +2.8%

  £1,248,080 → £1,282,718

• Net assets

  +22.9%

  £6,040,801 → £7,421,511

• Employees

  -8.6%

  58 → 53

• Operating profit

  +159.8%

  £736,432 → £1,913,203

• Profit before tax

  +163.1%

  £728,936 → £1,917,504

• Wages

  +0.2%

  £2,022,192 → £2,025,442

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers