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Cash

£10M

+33.9% vs 2024

Net assets

£20M

+21.1% vs 2024

Employees

438

+3.3% vs 2024

Profit before tax

£6.5M

+15.2% vs 2024

Accounts

2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31

Metric Trend 2024-03-312025-03-31 Δ vs prior
Turnover £53,332,443£58,528,676 +9.7%
Operating profit £5,527,642£6,414,570 +16%
Profit before tax £5,637,341£6,496,923 +15.2%
Net profit £4,336,223£4,938,655 +13.9%
Cash £7,703,807£10,314,309 +33.9%
Total assets less current liabilities £18,025,030£20,317,354 +12.7%
Net assets £16,571,169£20,065,399 +21.1%
Equity £16,571,169£20,065,399 +21.1%
Average employees 424438 +3.3%
Wages £18,420,591£21,799,256 +18.3%
Directors' remuneration £645,595£370,183 -42.7%

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-03-312025-03-31
Operating margin 10.4%11.0%
Net margin 8.1%8.4%
Return on capital employed 30.7%31.6%
Gearing (liabilities / total assets) 36.8%29.6%
Current ratio 2.35x2.63x
Interest cover 67.45x

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.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
Nuvo Audit Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Group has considered the financial stability up to March 2026 and consider the Group will have sufficient cash to meet its obligations as they fall due for at least 12 months from the sign off date of these accounts. This has given the directors comfort to prepare its accounts on a going concern basis.”

Group structure

  1. SMITH AND BYFORD LIMITED · parent
    1. Silent Water Limited 100%

Significant events

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

People

8 active · 6 resigned

Name Role Appointed Born Nationality
MCLACHLAN, Paula Secretary 1994-06-01 British
GROVE, Brian Director 2007-01-01 Sep 1962 British
HERRIDGE, Melanie Jane Director 2017-08-01 Jul 1984 British
MCLACHLAN, Paula Director 1994-06-01 Jul 1969 British
OVINGTON, David Director 2018-12-03 Aug 1971 British
SMITH, Hazel Rosemary Dawn Director Jun 1941 British
SMITH, William Director 1994-06-01 Jan 1967 British
SMITH, William Director Aug 1942 British
Show 6 resigned officers
Name Role Appointed Resigned
SMITH, Hazel Rosemary Secretary 1994-06-01
BURROWS, Carl Director 2007-01-01 2011-10-31
DOREY, Brian Keith Director 2010-08-31 2012-05-11
DOREY, Brian Keith Director 1994-06-01 2011-04-01
DOREY, Maxine Director 1994-06-01 2017-03-17
WILSON, Andrew Richard Director 2017-03-20 2021-05-01

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mrs Hazel Rosemary Dawn Smith Individual Shares 25–50% 2023-11-08 Active
Mrs Hazel Rosemary Smith Individual Shares 25–50%, Voting 25–50% 2016-04-06 Ceased 2023-11-08
Mr William Smith Individual Shares 50–75%, Voting 50–75% 2016-04-06 Active

Filing timeline

Last 20 of 173 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2024-12-05 MA Memorandum articles
  • 2024-12-05 RESOLUTIONS Resolution
Date Type Category Description
2026-02-19 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-02-18 AR01 annual-return Annual return company with made up date full list shareholders
2026-02-16 CH01 officers Change person director company with change date
2025-12-23 CH01 officers Change person director company with change date PDF
2025-12-23 CH01 officers Change person director company with change date PDF
2025-12-22 AA accounts Accounts with accounts type group PDF
2025-11-03 MR04 mortgage Mortgage satisfy charge full PDF
2025-01-27 CS01 confirmation-statement Confirmation statement with updates PDF
2024-12-20 AA accounts Accounts with accounts type full PDF
2024-12-05 MA incorporation Memorandum articles
2024-12-05 RESOLUTIONS resolution Resolution
2024-12-03 SH10 capital Capital variation of rights attached to shares
2024-12-03 SH01 capital Capital allotment shares PDF
2024-02-14 CH01 officers Change person director company with change date PDF
2024-02-14 CH01 officers Change person director company with change date PDF
2024-02-14 CH01 officers Change person director company with change date PDF
2024-02-14 CH01 officers Change person director company with change date PDF
2024-02-14 CH01 officers Change person director company with change date PDF
2024-01-31 PSC04 persons-with-significant-control Change to a person with significant control PDF
2024-01-30 CH01 officers Change person director company with change date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
7

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.

Official Companies House page