UK Companies House feature
SMSHIGHWAY LIMITED
Cash
£937K
-69.9% vs 2023
Net assets
£2M
-53.1% vs 2023
Employees
6
+50% vs 2023
Profit before tax
£908K
-75.1% vs 2023
Profile
- Company number
- 07684207
- Status
- Active
- Incorporation
- 2011-06-27
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62090
Net assets
6-year trend · vs UK AI & Enterprise SaaS median
Accounts
6-year trend · latest 2024-12-31
| Metric | Trend | 2019-12-29 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | £1,468,153 | £3,645,509 | £908,412 | |
| Net profit | — | — | — | £1,201,143 | £2,912,534 | £637,899 | |
| Cash | £787,509 | £965,349 | £1,097,259 | £1,508,917 | £3,117,935 | £937,337 | |
| Total assets less current liabilities | £884,959 | £1,239,679 | — | £2,057,307 | £4,377,037 | £2,053,764 | |
| Net assets | £884,959 | £1,239,679 | — | — | — | — | |
| Equity | £884,959 | £1,239,679 | — | £2,057,307 | £4,377,037 | £2,053,764 | |
| Average employees | 2 | 2 | 3 | — | 4 | 6 | |
| Wages | — | — | — | £268,927 | £160,058 | £517,943 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Goodman Jones LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.”
Subsidiaries
- SMSHighway LATAM · 100% held · Ecuador
- SMSHighway DOO · 100% held · Serbia
- SMSHighway SRL · 100% held · Romania
Significant events
- “Turnover decreased by 7% year-on-year which was not wholly unexpected given the challenges in the global mobile industry, and the challenges facing A2P SMS in particular.”
- “Cash held at Bank has decreased to €0.94m at the year-end compared to €3.17m as at 31 December 2023. This decrease in cash holding reflects both the decline in profitability compared to 2023 and investments in additional headcount and technologies to drive the business forward in coming years.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
1 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OLARU, Stefan Vlad | Director | 2011-06-27 | May 1981 | Romanian |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| OFFER, Perry Charles | Director | 2024-07-29 | 2025-07-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Smshighway Holdings Limited | Corporate entity | Shares 75–100% | 2022-12-31 | Active |
| Mr Stefan Vlad Olaru | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2022-12-31 |
Filing timeline
Last 20 of 48 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-09-26 | AA | accounts | accounts with accounts type full |
| 2025-07-01 | TM01 | officers | termination director company with name termination date |
| 2025-06-27 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-02-28 | AD01 | address | change registered office address company with date old address new address |
| 2024-09-26 | AA | accounts | accounts with accounts type full |
| 2024-07-29 | AP01 | officers | appoint person director company with name date |
| 2024-06-27 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-09-26 | AA | accounts | accounts with accounts type group |
| 2023-06-28 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-03-30 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2023-03-30 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2023-03-02 | SH01 | capital | capital allotment shares |
| 2022-09-30 | AA01 | accounts | change account reference date company current extended |
| 2022-09-30 | AA | accounts | accounts with accounts type unaudited abridged |
| 2022-08-03 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-09-28 | AA | accounts | accounts with accounts type unaudited abridged |
| 2021-07-02 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-01-06 | AA | accounts | accounts with accounts type unaudited abridged |
| 2020-09-02 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2020-03-09 | AD01 | address | change registered office address company with date old address new address |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory