SMEETH HOLDINGS LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

Barnes Roffe Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The trading loss in the current year is predominantly attributable to increased operating expenses. The business is currently trading in an economic climate with significant cost pressures driven by inflation, National Living Wage increases and the high cost of energy. The group has significant cash reserves accessible through its invoice financing facility, and a continued focus on efficiency gains in the manufacturing process and reductions in administrative expenses will enable the business to meet these challenges. On the basis of the above the directors believe it appropriate for the accounts to be prepared on the going concern basis.”

Group structure

1. SMEETH HOLDINGS LIMITED · parent
   1. Whincroft Limited 100% · UK
   2. West Design Products Limited 100% · UK
   3. Royal Sovereign Limited 100% · UK
   4. Do Acquisition Limited 100% · UK

Significant events

• “On 14th March 2025 the company made an early repayment of £50,000 against one of the outstanding bank loans.”
• “After the year end Barnes Roffe LLP resigned as auditors due to the transfer of its audit business and its successor Barnes Roffe Audit Limited was appointed by the directors under s485 Companies Act 2006.”

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

Filings

11

last 12 months

Capital events

2

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

  +0.3%

  £13,453,730 → £13,500,683

• Cash

  -73.5%

  £337,857 → £89,456

• Net assets

  +2.2%

  £9,774,694 → £9,986,496

• Employees

  -10.9%

  110 → 98

• Operating profit

  +899.3%

  -£62,656 → £500,813

• Profit before tax

  +274%

  -£213,654 → £371,747

• Wages

  +0.4%

  £2,721,877 → £2,732,623

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