JOHN SMITH & SON GROUP 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

• Turnover

  -12.7%

  £12,997,941 → £11,353,197

• Cash

  -47.1%

  £4,531,537 → £2,396,327

• Net assets

  -48.5%

  £1,111,132 → £571,963

• Employees

  -20%

  55 → 44

• Operating profit

  -41.7%

  £467,558 → £272,768

• Profit before tax

  -169.4%

  £133,774 → -£92,811

• Wages

  -0.4%

  £1,914,045 → £1,906,384

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

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.

1. JOHN SMITH & SON GROUP LIMITED 2005-07-26 → present
2. JOHN SMITH & SON (GLASGOW) LIMITED 1908-09-24 → 2005-07-26

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PKF Francis Clark

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company and group produce projections and cash flow forecasts which are monitored regularly by the board, taking into account the contracts it has in place with the universities and higher education sector and future pipeline contracts. The company operates a revolving credit facility with National Westminster Bank plc amounting to £6.1 million, which is subject to financial covenants tested quarterly and is due for renewal on 7 June 2028. Since the year end the Company has agreed revised covenant thresholds with the bank to reflect planned future developments. The forecasts indicate that the Company will remain compliant with these revised covenants throughout the forecast period. In addition, the Company's parent undertaking, Cubit Group Limited, has confirmed its intention to provide ongoing financial support to the Company for a period of not less than 12 months from the date of approval of these financial statements.”

Group structure

1. JOHN SMITH & SON GROUP LIMITED · parent
   1. John Smith Campus Properties Limited 100% · United Kingdom · dormant company

Significant events

• “The directors are delighted to announce that on the 6th October 2025 NatWest Group took a significant minority investment in the Group. This investment underpins the existing Strategic Partnership and gives the Group both the financing and support to drive the adoption of Aspire across a broad range of sectors.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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.