SMITH CONSTRUCTION GROUP LIMITED

1. SMITH CONSTRUCTION GROUP LIMITED 2007-11-13 → present
2. IAN SMITH CONSTRUCTION LTD. 1994-01-04 → 2007-11-13

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

Reporting scope

Consolidated group

Auditor

Mercer & Hole LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“It is the duty of the directors to consider the ability of the group to continue to trade for the foreseeable future and in doing this the directors have considered any uncertainties in the market, available funding and any other economic factors which may impact the ability of the group to trade in the future. The directors are confident that the level of business expected for the group over the next financial year, combined with the current level of net cash resources means that the group does not expect to require further funding in order to continue its activities for the foreseeable future. There are no areas of material uncertainty that may have any impact on the group's business and the directors are therefore confident that it is appropriate to prepare the financial statements of the group on a going concern basis.”

Group structure

1. SMITH CONSTRUCTION GROUP LIMITED · parent
   1. GFXH Properties Limited 100% · United Kingdom
   2. Smith Aggregates & Builders Merchants Limited 100% · United Kingdom

Significant events

• “The directors are pleased to report that the group continued to trade strongly, achieving sales of £17.0m (2024 - £13.3m) and profit before tax of £2.1m (2024 -0.4m). We have continued to innovate in the services we offer, with particular emphasis on increasing our efficiency, embracing the concept of the 'circular economy' to recycle and reuse waste aggregate material. This has helped to boost efficiency and provide cost savings to both the group and our customers whilst also reducing our overall carbon footprint. This approach, together with the hard work of our team has enabled us to continue optimising our business operations.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +28.2%

  £13,259,506 → £17,001,259

• Cash

  -3.7%

  £9,686,054 → £9,327,754

• Net assets

  +9.7%

  £16,402,297 → £17,989,872

• Employees

  -1.4%

  70 → 69

• Operating profit

  +578.4%

  £275,169 → £1,866,614

• Profit before tax

  +389.4%

  £432,154 → £2,115,102

• Wages

  -6.4%

  £2,879,317 → £2,695,414

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers