smart currency group limited Company Information
Company Number
08029548
Next Accounts
Jul 2025
Shareholders
john charles fairbairn purdy
smart currency group limited
View AllGroup Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
7th floor 1 lyric square, hammersmith, london, W6 0NB
smart currency group limited Estimated Valuation
Pomanda estimates the enterprise value of SMART CURRENCY GROUP LIMITED at £64.3m based on a Turnover of £21.9m and 2.94x industry multiple (adjusted for size and gross margin).
smart currency group limited Estimated Valuation
Pomanda estimates the enterprise value of SMART CURRENCY GROUP LIMITED at £22.2m based on an EBITDA of £1.8m and a 12.21x industry multiple (adjusted for size and gross margin).
smart currency group limited Estimated Valuation
Pomanda estimates the enterprise value of SMART CURRENCY GROUP LIMITED at £20.9m based on Net Assets of £15.6m and 1.34x industry multiple (adjusted for liquidity).
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Smart Currency Group Limited Overview
Smart Currency Group Limited is a live company located in london, W6 0NB with a Companies House number of 08029548. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in April 2012, it's largest shareholder is john charles fairbairn purdy with a 87.3% stake. Smart Currency Group Limited is a established, large sized company, Pomanda has estimated its turnover at £21.9m with high growth in recent years.
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Smart Currency Group Limited Health Check
Pomanda's financial health check has awarded Smart Currency Group Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
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6 Strong
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3 Regular
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2 Weak
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Size
annual sales of £21.9m, make it in line with the average company (£18.8m)
£21.9m - Smart Currency Group Limited
£18.8m - Industry AVG
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Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (9.1%)
25% - Smart Currency Group Limited
9.1% - Industry AVG
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Production
with a gross margin of 85.9%, this company has a lower cost of product (34.8%)
85.9% - Smart Currency Group Limited
34.8% - Industry AVG
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Profitability
an operating margin of 8% make it more profitable than the average company (4.7%)
8% - Smart Currency Group Limited
4.7% - Industry AVG
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Employees
with 128 employees, this is above the industry average (103)
128 - Smart Currency Group Limited
103 - Industry AVG
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Pay Structure
on an average salary of £81.8k, the company has a higher pay structure (£43.1k)
£81.8k - Smart Currency Group Limited
£43.1k - Industry AVG
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Efficiency
resulting in sales per employee of £171k, this is equally as efficient (£186.7k)
£171k - Smart Currency Group Limited
£186.7k - Industry AVG
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Debtor Days
it gets paid by customers after 333 days, this is later than average (45 days)
333 days - Smart Currency Group Limited
45 days - Industry AVG
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Creditor Days
its suppliers are paid after 2012 days, this is slower than average (45 days)
2012 days - Smart Currency Group Limited
45 days - Industry AVG
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Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Smart Currency Group Limited
- - Industry AVG
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Cash Balance
has cash to cover current liabilities for 42 weeks, this is more cash available to meet short term requirements (14 weeks)
42 weeks - Smart Currency Group Limited
14 weeks - Industry AVG
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Debt Level
it has a ratio of liabilities to total assets of 75.5%, this is a similar level of debt than the average (68.9%)
75.5% - Smart Currency Group Limited
68.9% - Industry AVG
SMART CURRENCY GROUP LIMITED financials
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Smart Currency Group Limited's latest turnover from October 2023 is £21.9 million and the company has net assets of £15.6 million. According to their latest financial statements, Smart Currency Group Limited has 128 employees and maintains cash reserves of £39.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Oct 2023 | Oct 2022 | Oct 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 21,882,950 | 24,876,337 | 15,315,147 | 11,311,293 | 11,679,635 | 11,653,412 | 11,962,008 | 10,515,030 | 9,132,271 | 7,213,178 | |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Cost Of Sales | 3,080,279 | 5,944,502 | 2,416,154 | 1,735,581 | 1,665,957 | 1,889,437 | 2,502,042 | 369,746 | 318,922 | 254,706 | |
Gross Profit | 18,802,671 | 18,931,835 | 12,898,993 | 9,575,712 | 10,013,678 | 9,763,975 | 9,459,966 | 10,145,284 | 8,813,349 | 6,958,472 | |
Admin Expenses | 17,054,624 | 13,555,291 | 11,019,716 | 8,959,952 | 9,054,741 | 8,297,501 | 8,523,879 | 9,014,147 | 7,842,320 | 5,484,707 | |
Operating Profit | 1,748,047 | 5,376,544 | 1,879,277 | 615,760 | 958,937 | 1,466,474 | 936,087 | 1,131,137 | 971,029 | 1,473,765 | |
Interest Payable | 0 | 0 | 0 | 0 | 393 | 10,902 | 3,406 | 18,471 | 19,163 | 0 | |
Interest Receivable | 1,009,578 | 26,989 | 2,191 | 6,135 | 17,850 | 7,916 | 8,235 | 11,768 | 12,133 | 9,165 | |
Pre-Tax Profit | 2,783,982 | 5,182,327 | 1,881,468 | 621,895 | 976,394 | 1,463,488 | 940,916 | 1,124,434 | 343,409 | 1,482,930 | |
Tax | -242,130 | -503,577 | -389,931 | 10,391 | -63,109 | -291,952 | -171,833 | -210,747 | -162,220 | -328,172 | |
Profit After Tax | 2,541,852 | 4,678,750 | 1,491,537 | 632,286 | 913,285 | 1,171,536 | 769,083 | 913,687 | 181,189 | 1,154,758 | |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Retained Profit | 2,541,852 | 4,678,750 | 1,491,537 | 632,286 | 913,285 | 1,171,536 | 769,083 | 913,687 | 181,189 | 1,154,758 | |
Employee Costs | 10,476,634 | 9,277,683 | 6,859,623 | 5,185,115 | 5,388,338 | 5,036,692 | 4,990,915 | 4,039,398 | 4,204,226 | 2,923,355 | |
Number Of Employees | 128 | 111 | 96 | 93 | 93 | 91 | 90 | 83 | 79 | 64 | |
EBITDA* | 1,818,517 | 5,440,560 | 1,933,904 | 665,719 | 989,371 | 1,481,109 | 953,682 | 1,174,295 | 1,009,457 | 1,502,880 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023 | Oct 2022 | Oct 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 81,606 | 98,359 | 100,672 | 102,618 | 92,448 | 43,903 | 52,786 | 59,196 | 57,387 | 64,427 | 0 |
Intangible Assets | 3,586 | 17,924 | 32,261 | 46,599 | 60,936 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 84,068 | 83,184 | 79,296 | 76,457 | 44,468 | 0 | 25,000 | 25,000 | 25,000 | 0 |
Debtors (Due After 1 year) | 2,513,914 | 2,300,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 2,599,106 | 2,500,351 | 216,117 | 228,513 | 229,841 | 88,371 | 52,786 | 84,196 | 82,387 | 89,427 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 19,986,410 | 20,360,479 | 77,050 | 71,238 | 249,219 | 465,960 | 169,509 | 2,813 | 7,348 | 36,972 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 1,686,688 | 2,745,002 | 3,589,494 | 2,845,377 | 3,011,540 | 2,288,498 | 1,890,269 | 898,726 | 527,077 | 315,414 | 0 |
Cash | 39,232,047 | 53,215,368 | 42,359,577 | 29,921,638 | 25,417,778 | 29,432,938 | 29,561,525 | 28,954,132 | 27,557,607 | 14,884,902 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 60,905,145 | 76,320,849 | 46,026,121 | 32,838,253 | 28,678,537 | 32,187,396 | 31,621,303 | 29,855,671 | 28,092,032 | 15,237,288 | 0 |
total assets | 63,504,251 | 78,821,200 | 46,242,238 | 33,066,766 | 28,908,378 | 32,275,767 | 31,674,089 | 29,939,867 | 28,174,419 | 15,326,715 | 0 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 16,981,424 | 20,698,971 | 1,364,494 | 204,444 | 990,768 | 1,481,040 | 750,601 | 254,876 | 376,098 | 171,273 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 30,972,437 | 45,104,036 | 36,528,638 | 25,592,698 | 21,280,272 | 25,070,674 | 26,370,971 | 25,901,557 | 24,948,624 | 12,530,134 | 0 |
total current liabilities | 47,953,861 | 65,803,007 | 37,893,132 | 25,797,142 | 22,271,040 | 26,551,714 | 27,121,572 | 26,156,433 | 25,324,722 | 12,701,407 | 0 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 47,953,861 | 65,803,007 | 37,893,132 | 25,797,142 | 22,271,040 | 26,551,714 | 27,121,572 | 26,156,433 | 25,324,722 | 12,701,407 | 0 |
net assets | 15,550,390 | 13,018,193 | 8,349,106 | 7,269,624 | 6,637,338 | 5,724,053 | 4,552,517 | 3,783,434 | 2,849,697 | 2,625,308 | 0 |
total shareholders funds | 15,550,390 | 13,018,193 | 8,349,106 | 7,269,624 | 6,637,338 | 5,724,053 | 4,552,517 | 3,783,434 | 2,849,697 | 2,625,308 | 0 |
Oct 2023 | Oct 2022 | Oct 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||
Operating Profit | 1,748,047 | 5,376,544 | 1,879,277 | 615,760 | 958,937 | 1,466,474 | 936,087 | 1,131,137 | 971,029 | 1,473,765 | |
Depreciation | 56,132 | 49,679 | 40,289 | 35,622 | 19,681 | 14,635 | 17,595 | 43,158 | 38,428 | 29,115 | |
Amortisation | 14,338 | 14,337 | 14,338 | 14,337 | 10,753 | 0 | 0 | 0 | 0 | 0 | |
Tax | -242,130 | -503,577 | -389,931 | 10,391 | -63,109 | -291,952 | -171,833 | -210,747 | -162,220 | -328,172 | |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -1,218,469 | 21,738,937 | 749,929 | -344,144 | 506,301 | 694,680 | 1,158,239 | 367,114 | 182,039 | 352,386 | 0 |
Creditors | -3,717,547 | 19,334,477 | 1,160,050 | -786,324 | -490,272 | 730,439 | 495,725 | -121,222 | 204,825 | 171,273 | 0 |
Accruals and Deferred Income | -14,131,599 | 8,575,398 | 10,935,940 | 4,312,426 | -3,790,402 | -1,300,297 | 469,414 | 952,933 | 12,418,490 | 12,530,134 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | -15,054,290 | 11,107,921 | 12,890,034 | 4,546,356 | -3,860,713 | -75,381 | 588,749 | 1,428,145 | 13,288,513 | 13,523,729 | |
Investing Activities | |||||||||||
capital expenditure | 0 | 0 | 0 | 0 | 0 | -50,220 | -11,188 | -44,968 | -31,388 | -47,711 | |
Change in Investments | -84,068 | 884 | 3,888 | 2,839 | 31,989 | 44,468 | -25,000 | 0 | 0 | 25,000 | 0 |
cash flow from investments | 84,068 | -884 | -3,888 | -2,839 | -31,989 | -94,688 | 13,812 | -44,968 | -31,388 | -72,711 | |
Financing Activities | |||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||
interest | 1,009,578 | 26,989 | 2,191 | 6,135 | 17,457 | -2,986 | 4,829 | -6,703 | -7,030 | 9,165 | |
cash flow from financing | 999,923 | 17,326 | -409,864 | 6,135 | 17,457 | -2,986 | 4,829 | 13,347 | 36,170 | 1,479,715 | |
cash and cash equivalents | |||||||||||
cash | -13,983,321 | 10,855,791 | 12,437,939 | 4,503,860 | -4,015,160 | -128,587 | 607,393 | 1,396,525 | 12,672,705 | 14,884,902 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -13,983,321 | 10,855,791 | 12,437,939 | 4,503,860 | -4,015,160 | -128,587 | 607,393 | 1,396,525 | 12,672,705 | 14,884,902 | 0 |
smart currency group limited Credit Report and Business Information
Smart Currency Group Limited Competitor Analysis
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Perform a competitor analysis for smart currency group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in W 6 area or any other competitors across 12 key performance metrics.
smart currency group limited Ownership
SMART CURRENCY GROUP LIMITED group structure
Smart Currency Group Limited has 1 subsidiary company.
smart currency group limited directors
Smart Currency Group Limited currently has 2 directors. The longest serving directors include Mr John Purdy (Apr 2012) and Mr Nicholas Lord (Sep 2022).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr John Purdy | 66 years | Apr 2012 | - | Director | |
Mr Nicholas Lord | United Kingdom | 42 years | Sep 2022 | - | Director |
P&L
October 2023turnover
21.9m
-12%
operating profit
1.7m
-67%
gross margin
86%
+12.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
15.6m
+0.19%
total assets
63.5m
-0.19%
cash
39.2m
-0.26%
net assets
Total assets minus all liabilities
smart currency group limited company details
company number
08029548
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
April 2012
age
13
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
PKF LITTLEJOHN LLP
address
7th floor 1 lyric square, hammersmith, london, W6 0NB
Bank
-
Legal Advisor
-
smart currency group limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to smart currency group limited.
smart currency group limited Capital Raised & Share Issues BETA
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smart currency group limited Companies House Filings - See Documents
date | description | view/download |
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