smart solutions (recruitment) limited
smart solutions (recruitment) limited Company Information
Company Number
06421189
Next Accounts
Jul 2025
Directors
Shareholders
rjw ventures ltd
smart solutions (recruitment) limited employee benefit trust
Group Structure
View All
Industry
Temporary employment agency activities
Registered Address
caerleon house, mamhilad park estate, pontypool, NP4 0XX
smart solutions (recruitment) limited Estimated Valuation
Pomanda estimates the enterprise value of SMART SOLUTIONS (RECRUITMENT) LIMITED at £32.4m based on a Turnover of £100.9m and 0.32x industry multiple (adjusted for size and gross margin).
smart solutions (recruitment) limited Estimated Valuation
Pomanda estimates the enterprise value of SMART SOLUTIONS (RECRUITMENT) LIMITED at £5m based on an EBITDA of £872.7k and a 5.7x industry multiple (adjusted for size and gross margin).
smart solutions (recruitment) limited Estimated Valuation
Pomanda estimates the enterprise value of SMART SOLUTIONS (RECRUITMENT) LIMITED at £1.3m based on Net Assets of £1m and 1.3x industry multiple (adjusted for liquidity).
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Smart Solutions (recruitment) Limited Overview
Smart Solutions (recruitment) Limited is a live company located in pontypool, NP4 0XX with a Companies House number of 06421189. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in November 2007, it's largest shareholder is rjw ventures ltd with a 85% stake. Smart Solutions (recruitment) Limited is a established, mega sized company, Pomanda has estimated its turnover at £100.9m with low growth in recent years.
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Smart Solutions (recruitment) Limited Health Check
Pomanda's financial health check has awarded Smart Solutions (Recruitment) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £100.9m, make it larger than the average company (£13.7m)
£100.9m - Smart Solutions (recruitment) Limited
£13.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (4.7%)
3% - Smart Solutions (recruitment) Limited
4.7% - Industry AVG
Production
with a gross margin of 13.7%, this company has a higher cost of product (18.3%)
13.7% - Smart Solutions (recruitment) Limited
18.3% - Industry AVG
Profitability
an operating margin of 0.8% make it less profitable than the average company (2.7%)
0.8% - Smart Solutions (recruitment) Limited
2.7% - Industry AVG
Employees
with 183 employees, this is above the industry average (49)
183 - Smart Solutions (recruitment) Limited
49 - Industry AVG
Pay Structure
on an average salary of £43k, the company has an equivalent pay structure (£49.8k)
£43k - Smart Solutions (recruitment) Limited
£49.8k - Industry AVG
Efficiency
resulting in sales per employee of £551.5k, this is more efficient (£243.1k)
£551.5k - Smart Solutions (recruitment) Limited
£243.1k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is near the average (46 days)
51 days - Smart Solutions (recruitment) Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is slower than average (4 days)
21 days - Smart Solutions (recruitment) Limited
4 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Smart Solutions (recruitment) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)
0 weeks - Smart Solutions (recruitment) Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.8%, this is a higher level of debt than the average (72.6%)
94.8% - Smart Solutions (recruitment) Limited
72.6% - Industry AVG
SMART SOLUTIONS (RECRUITMENT) LIMITED financials
Smart Solutions (Recruitment) Limited's latest turnover from October 2023 is £100.9 million and the company has net assets of £1 million. According to their latest financial statements, Smart Solutions (Recruitment) Limited has 183 employees and maintains cash reserves of £185.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 100,931,314 | 104,363,475 | 134,969,262 | 92,847,973 | 95,201,640 | 100,107,762 | 97,005,036 | 89,508,768 | 78,497,220 | 55,978,632 | 41,999,527 | 38,914,676 | 27,582,032 | 14,688,716 | |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 87,146,566 | 90,555,087 | 117,716,484 | 80,313,320 | 82,363,738 | 86,833,200 | 84,208,340 | 76,385,157 | 66,727,943 | 47,694,383 | 34,890,781 | 32,427,398 | 22,957,223 | 12,350,253 | |
| Gross Profit | 13,784,748 | 13,808,388 | 17,252,778 | 12,534,653 | 12,837,902 | 13,274,562 | 12,796,696 | 13,123,611 | 11,769,277 | 8,284,249 | 7,108,746 | 6,487,278 | 4,624,809 | 2,338,463 | |
| Admin Expenses | 13,000,313 | 13,565,767 | 16,842,301 | 13,255,113 | 12,161,695 | 11,672,079 | 12,455,606 | 12,512,103 | 10,738,959 | 6,390,350 | 5,877,619 | 5,219,712 | 3,526,407 | 1,887,095 | |
| Operating Profit | 784,435 | 242,621 | 410,477 | -720,460 | 676,207 | 1,602,483 | 341,090 | 611,508 | 1,030,318 | 1,893,899 | 1,231,127 | 1,267,566 | 1,098,402 | 451,368 | |
| Interest Payable | 21,606 | 28,925 | 103,012 | 117,427 | 132,609 | 82,604 | 79,435 | 119,035 | 2,326 | 5,820 | 7,998 | 19,919 | 20,403 | 5,326 | |
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 861,079 | 213,696 | 307,465 | -837,887 | 533,269 | 1,500,289 | 209,309 | 492,473 | 1,027,992 | 1,888,079 | 1,223,129 | 1,247,647 | 1,077,999 | 446,042 | |
| Tax | -233,216 | -128,030 | -131,823 | -201,671 | -429,733 | -226,197 | -257,207 | -283,027 | -518,743 | -316,437 | -494,016 | -337,178 | -123,048 | ||
| Profit After Tax | 627,863 | 85,666 | 175,642 | -837,887 | 331,598 | 1,070,556 | -16,888 | 235,266 | 744,965 | 1,369,336 | 906,692 | 753,631 | 740,821 | 322,994 | |
| Dividends Paid | 1,000,000 | 1,100,000 | 500,000 | 397,000 | 173,769 | ||||||||||
| Retained Profit | 627,863 | 85,666 | 175,642 | -837,887 | 331,598 | 70,556 | -16,888 | -864,734 | 744,965 | 1,369,336 | 406,692 | 356,631 | 740,821 | 149,225 | |
| Employee Costs | 7,877,788 | 7,893,508 | 9,155,053 | 7,104,738 | 7,007,474 | 7,514,303 | 7,459,654 | 6,928,073 | 6,909,899 | 3,847,041 | 3,223,921 | 2,828,122 | 1,923,806 | 948,057 | |
| Number Of Employees | 183 | 198 | 195 | 188 | 195 | 1,394 | 1,048 | 228 | 192 | 117 | 104 | 89 | 62 | ||
| EBITDA* | 872,674 | 429,653 | 673,954 | -490,440 | 949,759 | 2,176,919 | 854,560 | 791,079 | 1,198,386 | 2,054,236 | 1,388,640 | 1,412,146 | 1,200,121 | 513,571 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 91,890 | 180,129 | 370,616 | 468,680 | 656,260 | 899,911 | 500,347 | 642,229 | 463,984 | 351,092 | 390,719 | 404,279 | 376,034 | 232,947 | 200,372 |
| Intangible Assets | 70,000 | 80,000 | 172,397 | 552,634 | 924,021 | 1,295,409 | 1,862,149 | ||||||||
| Investments & Other | 151,750 | 151,750 | 181,750 | 181,750 | |||||||||||
| Debtors (Due After 1 year) | 692,991 | 692,991 | 692,991 | 934,644 | 1,257,411 | ||||||||||
| Total Fixed Assets | 784,881 | 1,024,870 | 1,285,357 | 1,665,074 | 2,267,818 | 1,452,545 | 1,424,368 | 1,937,638 | 2,326,133 | 351,092 | 390,719 | 404,279 | 376,034 | 232,947 | 200,372 |
| Stock & work in progress | 91,990 | ||||||||||||||
| Trade Debtors | 14,320,851 | 15,598,371 | 16,045,297 | 12,885,253 | 15,180,659 | 15,872,977 | 18,127,092 | 16,216,066 | 13,446,874 | 8,431,331 | 5,997,631 | 5,764,397 | 6,753,111 | 3,693,592 | 1,794,919 |
| Group Debtors | 3,307,583 | 243,831 | |||||||||||||
| Misc Debtors | 1,104,056 | 3,368,548 | 4,500,047 | 4,943,924 | 6,416,811 | 5,361,982 | 4,273,672 | 3,946,018 | 4,612,597 | 3,252,313 | 2,315,500 | 566,470 | 1,013,656 | 149,664 | |
| Cash | 185,660 | 47,595 | 427,363 | 2,209,156 | 398,854 | 2,644,680 | 358,097 | 745,622 | 739,921 | 818,749 | 1,683,206 | 2,053,403 | 81,762 | 307,913 | 10,752 |
| misc current assets | |||||||||||||||
| total current assets | 18,918,150 | 19,014,514 | 20,972,707 | 20,038,333 | 21,996,324 | 24,123,470 | 22,850,851 | 20,907,706 | 18,799,392 | 12,502,393 | 9,996,337 | 8,384,270 | 7,848,529 | 4,151,169 | 1,805,671 |
| total assets | 19,703,031 | 20,039,384 | 22,258,064 | 21,703,407 | 24,264,142 | 25,576,015 | 24,275,219 | 22,845,344 | 21,125,525 | 12,853,485 | 10,387,056 | 8,788,549 | 8,224,563 | 4,384,116 | 2,006,043 |
| Bank overdraft | 1,326 | 373,387 | |||||||||||||
| Bank loan | 307,196 | 248,447 | 287,309 | ||||||||||||
| Trade Creditors | 5,103,162 | 5,036,504 | 4,465,716 | 1,610,546 | 1,543,570 | 4,626,725 | 4,261,050 | 4,306,744 | 1,869,249 | 2,033,723 | 2,448,704 | 2,093,375 | 1,258,982 | 670,946 | 1,730,106 |
| Group/Directors Accounts | 35,048 | ||||||||||||||
| other short term finances | 9,402,514 | 10,270,528 | 11,311,663 | 9,878,248 | 11,826,039 | 10,401,223 | 11,076,751 | 11,250,150 | 9,514,433 | 4,554,247 | 3,802,306 | 2,687,669 | 3,221,585 | 2,367,582 | |
| hp & lease commitments | 19,122 | 12,106 | 92,924 | 214,697 | 168,628 | 153,563 | 54,960 | 49,297 | 9,032 | 6,814 | 33,226 | 45,046 | 32,986 | 10,884 | |
| other current liabilities | 4,115,082 | 3,854,953 | 5,309,820 | 8,736,190 | 6,257,702 | 6,087,673 | 6,073,954 | 3,986,845 | 5,969,517 | 3,410,840 | 2,699,115 | 2,936,275 | 2,611,781 | 984,909 | |
| total current liabilities | 18,641,206 | 19,547,478 | 21,487,319 | 20,688,128 | 20,083,248 | 21,269,184 | 21,466,715 | 19,593,036 | 17,362,231 | 10,005,624 | 8,983,351 | 7,762,365 | 7,125,334 | 4,069,369 | 1,730,106 |
| loans | 337,950 | 732,964 | 885,278 | 1,156,387 | 327,186 | ||||||||||
| hp & lease commitments | 38,109 | 88,174 | 114,729 | 131,504 | 281,918 | 445,935 | 151,338 | 212,118 | 40,048 | 6,702 | 39,923 | 64,286 | 32,658 | ||
| Accruals and Deferred Income | 11,667 | 31,667 | 51,667 | 71,667 | |||||||||||
| other liabilities | 171,486 | ||||||||||||||
| provisions | 4,780 | 12,659 | 12,659 | 21,046 | 21,046 | 43,455 | 55,001 | 73,951 | 60,864 | 49,039 | 39,184 | 35,134 | 40,446 | 28,413 | |
| total long term liabilities | 42,889 | 100,833 | 465,338 | 885,514 | 1,188,242 | 1,645,777 | 218,006 | 644,922 | 152,579 | 120,706 | 45,886 | 75,057 | 104,732 | 61,071 | 171,486 |
| total liabilities | 18,684,095 | 19,648,311 | 21,952,657 | 21,573,642 | 21,271,490 | 22,914,961 | 21,684,721 | 20,237,958 | 17,514,810 | 10,126,330 | 9,029,237 | 7,837,422 | 7,230,066 | 4,130,440 | 1,901,592 |
| net assets | 1,018,936 | 391,073 | 305,407 | 129,765 | 2,992,652 | 2,661,054 | 2,590,498 | 2,607,386 | 3,610,715 | 2,727,155 | 1,357,819 | 951,127 | 994,497 | 253,676 | 104,451 |
| total shareholders funds | 1,018,936 | 391,073 | 305,407 | 129,765 | 2,992,652 | 2,661,054 | 2,590,498 | 2,607,386 | 3,610,715 | 2,727,155 | 1,357,819 | 951,127 | 994,497 | 253,676 | 104,451 |
| Oct 2023 | Oct 2022 | Oct 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 784,435 | 242,621 | 410,477 | -720,460 | 676,207 | 1,602,483 | 341,090 | 611,508 | 1,030,318 | 1,893,899 | 1,231,127 | 1,267,566 | 1,098,402 | 451,368 | |
| Depreciation | 88,239 | 197,032 | 253,477 | 230,020 | 262,902 | 203,049 | 142,082 | 179,571 | 168,068 | 160,337 | 157,513 | 144,580 | 101,719 | 62,203 | 42,469 |
| Amortisation | -10,000 | 10,000 | 10,650 | 371,387 | 371,388 | ||||||||||
| Tax | -233,216 | -128,030 | -131,823 | -201,671 | -429,733 | -226,197 | -257,207 | -283,027 | -518,743 | -316,437 | -494,016 | -337,178 | -123,048 | ||
| Stock | -91,990 | 91,990 | |||||||||||||
| Debtors | -234,429 | -1,578,425 | 2,474,514 | -4,091,060 | 1,376,091 | -921,974 | 2,238,680 | 2,102,613 | 6,375,827 | 3,370,513 | 1,982,264 | -1,435,900 | 3,923,511 | 2,048,337 | 1,794,919 |
| Creditors | 66,658 | 570,788 | 2,855,170 | 66,976 | -3,083,155 | 365,675 | -45,694 | 2,437,495 | -164,474 | -414,981 | 355,329 | 834,393 | 588,036 | -1,059,160 | 1,730,106 |
| Accruals and Deferred Income | 260,129 | -1,454,867 | -3,426,370 | 2,478,488 | 170,029 | 2,052 | 2,067,109 | -2,002,672 | 2,538,677 | 783,392 | -237,160 | 324,494 | 1,626,872 | 984,909 | |
| Deferred Taxes & Provisions | -7,879 | -8,387 | -22,409 | -11,546 | -18,950 | 13,087 | 11,825 | 9,855 | 4,050 | -5,312 | 12,033 | 28,413 | |||
| Cash flow from operations | 1,192,795 | 995,969 | -2,511,970 | 6,146,084 | -3,563,538 | 3,117,331 | 300,158 | -1,120,831 | -3,074,440 | -1,456,754 | -787,842 | 3,507,605 | -833,627 | -1,703,652 | |
| Investing Activities | |||||||||||||||
| capital expenditure | 4,807 | -257,191 | -118,855 | -142,695 | -121,018 | -248,023 | -112,920 | ||||||||
| Change in Investments | -151,750 | -30,000 | 181,750 | ||||||||||||
| cash flow from investments | 151,750 | 30,000 | -181,750 | 4,807 | -257,191 | -118,855 | -142,695 | -121,018 | -248,023 | -112,920 | |||||
| Financing Activities | |||||||||||||||
| Bank loans | -307,196 | 58,749 | -38,862 | 287,309 | |||||||||||
| Group/Directors Accounts | -35,048 | 35,048 | |||||||||||||
| Other Short Term Loans | -868,014 | -1,041,135 | 1,433,415 | -1,947,791 | 1,424,816 | -675,528 | -173,399 | 1,735,717 | 4,960,186 | 751,941 | 1,114,637 | -533,916 | 854,003 | 2,367,582 | |
| Long term loans | -337,950 | -395,014 | -152,314 | -271,109 | 1,156,387 | -327,186 | 327,186 | ||||||||
| Hire Purchase and Lease Commitments | -43,049 | -107,373 | -138,548 | -104,345 | -148,952 | 393,200 | -55,117 | 212,335 | 42,266 | -33,114 | -45,041 | -12,303 | 53,730 | 43,542 | |
| other long term liabilities | -171,486 | 171,486 | |||||||||||||
| share issue | |||||||||||||||
| interest | -21,606 | -28,925 | -103,012 | -117,427 | -132,609 | -82,604 | -79,435 | -119,035 | -2,326 | -5,820 | -7,998 | -19,919 | -20,403 | -5,326 | |
| cash flow from financing | -932,669 | -1,822,579 | 855,590 | -4,385,739 | 1,159,455 | 791,455 | -635,137 | 2,017,608 | 5,138,721 | 713,007 | 1,061,598 | -966,139 | 852,282 | 2,269,360 | |
| cash and cash equivalents | |||||||||||||||
| cash | 138,065 | -379,768 | -1,781,793 | 1,810,302 | -2,245,826 | 2,286,583 | -387,525 | 5,701 | -78,828 | -864,457 | -370,197 | 1,971,641 | -226,151 | 297,161 | 10,752 |
| overdraft | -372,061 | 373,387 | |||||||||||||
| change in cash | 510,126 | -753,155 | -1,781,793 | 1,810,302 | -2,245,826 | 2,286,583 | -387,525 | 5,701 | -78,828 | -864,457 | -370,197 | 1,971,641 | -226,151 | 297,161 | 10,752 |
smart solutions (recruitment) limited Credit Report and Business Information
Smart Solutions (recruitment) Limited Competitor Analysis
Perform a competitor analysis for smart solutions (recruitment) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in NP4 area or any other competitors across 12 key performance metrics.
smart solutions (recruitment) limited Ownership
SMART SOLUTIONS (RECRUITMENT) LIMITED group structure
Smart Solutions (Recruitment) Limited has 2 subsidiary companies.
Ultimate parent company
1 parent
SMART SOLUTIONS (RECRUITMENT) LIMITED
06421189
2 subsidiaries
smart solutions (recruitment) limited directors
Smart Solutions (Recruitment) Limited currently has 1 director, Mr Robert Webb serving since Nov 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Webb | United Kingdom | 43 years | Nov 2023 | - | Director |
P&L
October 2023turnover
100.9m
-3%
operating profit
784.4k
+223%
gross margin
13.7%
+3.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
1m
+1.61%
total assets
19.7m
-0.02%
cash
185.7k
+2.9%
net assets
Total assets minus all liabilities
smart solutions (recruitment) limited company details
company number
06421189
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
November 2007
age
18
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
XEINADIN AUDIT LIMITED
address
caerleon house, mamhilad park estate, pontypool, NP4 0XX
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
smart solutions (recruitment) 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 found 5 charges/mortgages relating to smart solutions (recruitment) limited. Currently there are 3 open charges and 2 have been satisfied in the past.
smart solutions (recruitment) limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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smart solutions (recruitment) limited Companies House Filings - See Documents
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