Back to search

Smart Solutions (Recruitment) Limited

06421189

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

4C GREENMEADOW SPRINGS BUSINESS PARK, CARDIFF, CF15 7NE
Incorporated 07/11/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78200
Temporary employment agency activities

Officers

Mr Robert James Webb

director · Since 01/11/2023

COMPANY DIRECTOR

BRITISH · WALES · Age 44

Also on 3 other boards

Persons with Significant Control

Mr Robert James Webb

75–100% shares

British · Wales · Age 44

4c, Greenmeadow Springs Business Park, Cardiff, CF15 7NE

Notified 01/11/2023

Former PSCs

Mr Nathan Iestyn Bowles

Ceased 01/11/2023

Charges3 outstanding

Charge
outstanding

CYNERGY BUSINESS FINANCE LIMITED

Created 29/05/2024Registered 30/05/2024
Charge
outstanding

INVESTEC CAPITAL SOLUTIONS LIMITED

Created 07/06/2022Registered 09/06/2022
Charge
satisfied

FINANCE WALES INVESTMENTS (3) LTD

Created 27/04/2016Registered 30/04/2016Satisfied 14/12/2023
charge
outstanding

STUART WYNDHAM MURRAY THREIPLAND AND RUPERT HUGH SANDERS

Created 21/01/2010Registered 23/01/2010
charge
satisfied

LLYDS TSB COMMERCIAL FINANCE LIMITED

Created 19/02/2008Registered 21/02/2008Satisfied 16/08/2022

CompanyRankvs 539+ SIC 78200 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.06× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con

Key FinancialsYear ending 31/10/2024

Turnover

£109.5M

Annual revenue

Net Worth

£1.9M

Balance sheet strength

Cash

£486k

Cash in the bank

Profit Before Tax

£1.1M

Bottom line earnings

Net Current Assets

£1.4M

Working capital

Current Assets

£24.3M

Current Liabilities

£22.9M

Fixed Assets

£514k

Debtors

£23.8M

Cost of Sales

£94.7M

Gross Profit

£14.8M

Admin Expenses

£13.6M

Operating Profit

£1.2M

Profit After Tax

£873k

178avg. employees-5

Tax at Year End

Corp tax£221k

People Costs

Wages & salaries£7.4M
NI contributions£617k

Balance Sheet

Assets less current liabilities£1.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.06+£873k
20231.02+£568k
20220.99

Derived from filed accounts. Not audited figures.