SMALLEY HOT TUB SERVICES LTD
SMALLEY HOT TUB SERVICES
Award-Winning Family-Run Hot Tub & Pool Services, Backed by Trusted Industry Accreditations. Proven Track Record with Expanding Commercial & Consumer Contracts.
Key information
WebsiteCompanies
House
RAISED
£16k
TARGET
£33k
INVESTORS
66
Months
Funded 1 year ago
APR
18.0%
IFISA
Director Guaranteed
Minimum investment is £100
Estimated return
£
From a back-garden startup during the pandemic to £360k turnover in just 5 years, Smalley Hot Tub Services has grown into a thriving family-run business with a showroom, commercial contracts, and a strong community focus.
We were the first in our industry to achieve Buy With Confidence status from UK Trading Standards—demonstrating our commitment to safety, fair trading, and customer trust.
Recognised by The Small Business Awards, SME, Prestige Awards, and Trading Standards, we’re an award-winning brand known for reliable service, quality workmanship, and consistently top-rated customer reviews.
Our Story
Smalley Hot Tub Services was born out of necessity during the first lockdown, when hot tub owners were left without support from suppliers. Recognising this gap, we stepped in—and soon became the UK’s first manufacturer-endorsed repair specialist for Cosy Spa, working with Net World Sports to manage their warranty repairs. Our work not only accelerated our own growth, but also helped reduce costs and waste—proving that repair should always be the first, most sustainable choice.
With 17 years of military service and an engineering degree behind him, Chris brought his precision and problem-solving to the outdoor leisure industry. Together, as a husband-and-wife team, we offer a diverse range of high-quality products to suit different budgets and lifestyles. Our mission goes beyond sales—we focus on building long-term customer relationships, strengthening our local community, and promoting wellbeing through the work we do.
Credit Commentary
Credit Commentary:
Founded in 2020, Smalley Hot Tub Services is a family run business based in Pinchbeck, Lincolnshire, offering a full range of hot tub and swim spa services across the UK. In addition to their service offerings, they also operate a showroom and online store offering. And the business has earned rave reviews on an online review platform (Trustpilot).
Equifax assigns a grade of E, indicating high risk, while Experian reports a score of 83, reflecting low risk. Our internal model falls towards the higher risk-end. The owner of the business is Justine Smalley and is a non-homeowner. The business owner’s credit report indicates a few unsecured loans that are nearly paid off, with only few payments remaining and a strong record of repayment.
Over the past three years, the company has shown a steady upward trend in revenue (YE Mar '25:£360k; Mar’24: £207k; Mar '23:£175k ) indicating a good business growth and market traction. In the most recent year Mar '2025 , the company posted a Net Profit of £27.8k and the EBITDA stands at £52k. However, the company posted a loss in YE Mar '24 of £22k majorly driven by timing mismatch between payment received from suppliers and income received from their clients. The company also has other lenders and the current Debt Servicing coverage stands at 2x, if we were to incorporate a potential loan from C2F , the Debt Service Coverage would stand at 1.5x. The EBITDA and Debt Service Coverage provide good comfort to cover the debt obligations. The Net Equity for YE’Mar25 stood lower at £5.6k after incorporating the previous year’s loss impact. We have utilised Open banking in this case and the analysis shows a good affordability, sufficient bank balances to cover monthly repayments and the business has generated Net Sales of £390k over the past 12 months, indicating a growing trend.
Inflation Risk:
Inflation has not materially impacted the business, as the demand in the consumer leisure sector remains upbeat. Over the past four years, the business has continued to grow.
Incorporated
5 years, 11 months
Credit risk indicator
- 2025
- 2024
- 2023
Profit & Loss
2025
Turnover
£0
Cost of sales
£0
Gross profit
£0
Admin expenses
£0
Operating profit
Net interest payable
£0
Pre-tax profit
£0
Tax
£0
Net Profit
£0
Balance sheet
2025
Fixed assets
£0
Current assets
£0
Current liabilities
£
0
Long term liabilities
£0
Net equity
£
0
Profit & Loss
2024
Turnover
£0
Cost of sales
£0
Gross profit
£0
Admin expenses
£0
Operating profit
Net interest payable
£0
Pre-tax profit
£0
Tax
£0
Net Profit
£0
Balance sheet
2024
Fixed assets
£0
Current assets
£0
Current liabilities
£
0
Long term liabilities
£0
Net equity
£
0
Profit & Loss
2023
Turnover
£0
Cost of sales
£0
Gross profit
£0
Admin expenses
£0
Operating profit
Net interest payable
£0
Pre-tax profit
£0
Tax
£0
Net Profit
£0
Balance sheet
2023
Fixed assets
£0
Current assets
£0
Current liabilities
£
0
Long term liabilities
£0
Net equity
£
0
Where will the funds go?
Showroom stock & improvements - including new hot tubs, outdoor sauna & Niveko display swimming pool. New computer equipment for our office to help with website maintenance, customer admin and general administrative tasks.
£25,000
Cashflow for day to day running
£5,000
Funding costs
£3,333
Key people
Justine Smalley
Director
Chris Smalley
Chief engineer
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Top Pledges
Date
Amount
Sep 13, 09:04:52
£2,000
Aug 19, 21:30:54
£1,000
Aug 29, 16:04:57
£997
