SMITHS MECHANICAL SERVICES LIMITED Financials
- Company number
- 02606557CopyCopy
- Registered office
- Tower Works Tower Close, Bridgend, Mid Glamorgan CF31 3TH
- Incorporated
- 01/05/1991
Company snapshot
- Status
- Active
- Employees
- 18 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
11.06%vs 20242024: £952.54K
Total Assets
6.66%vs 20242024: £2.20M
Cash in Bank
414.57%vs 20242024: £35.27K
Total Liabilities
3.29%vs 20242024: £1.24M
Employees
-1vs 20242024: 19
In 2025, SMITHS MECHANICAL SERVICES LIMITED reported net assets of £1.06M. The same filing shows total assets of £2.34M, cash in bank of £181.51K and total liabilities of £1.28M. Reported headcount was 18 in 2025. Cash in Bank rose from £35.27K in 2024 to £181.51K in 2025 (414.57%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
11.06%from £952.54K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures SMITHS MECHANICAL SERVICES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+14.3%vs 2023+6.9% a year compound (CAGR)
Cash in Bank
+26514%vs 2023+1531% a year compound (CAGR)
Total Assets
+2.5%vs 2023+1.3% a year compound (CAGR)
Total Liabilities
-5.5%vs 2023-2.8% a year compound (CAGR)
Employees
-5.3%vs 2023-1Biggest increase
Cash in Bank+26514%
£682.00 in 2023 to £181.51K in 2025
Biggest decrease
Total Liabilities-5.5%
£1.36M in 2023 to £1.28M in 2025
SMITHS MECHANICAL SERVICES LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SMITHS MECHANICAL SERVICES LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 45.17%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 54.83%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 14.13%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 7.75%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SMITHS MECHANICAL SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 954.41K | 949.73K | 925.42K | 952.54K | 1.06M |
| Total Assets£ | 2.22M | 2.30M | 2.28M | 2.20M | 2.34M |
| Cash in Bank£ | 10.81K | – | 682.00 | 35.27K | 181.51K |
| Total Liabilities£ | 1.26M | 1.35M | 1.36M | 1.24M | 1.28M |
| Employees | 19 | 19 | 19 | 19 | 18 |
SMITHS MECHANICAL SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SMITHS MECHANICAL SERVICES LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
SMITHS MECHANICAL SERVICES LIMITED reported net assets of £1.06M for 2025. That compares with £952.54K in 2024, a change of 11.06%.
SMITHS MECHANICAL SERVICES LIMITED reported total assets of £2.34M for 2025. That compares with £2.20M in 2024, a change of 6.66%.
SMITHS MECHANICAL SERVICES LIMITED reported cash in bank of £181.51K for 2025. That compares with £35.27K in 2024, a change of 414.57%.
SMITHS MECHANICAL SERVICES LIMITED reported 18 employees in 2025, compared with 19 in 2024.
Between 2023 and 2025, SMITHS MECHANICAL SERVICES LIMITED's net assets rose by 14.3%, cash in bank rose by 26514%, total assets rose by 2.5% and total liabilities fell by 5.5%. Net assets compounded at 6.9% a year across the two years to 2025, from £925.42K to £1.06M. Reported headcount went from 19 in 2023 to 18 in 2025 (-1).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.