SMARTSOURCING LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-14 (in 10mo)
Last made up 2026-02-28
Watchouts
None on the register
Cash
£223K
+39.6% vs 2023
Net assets
£4M
+9.5% highest in 3 filed years
Employees
25
-7.4% lowest in 3 filed years
Profit before tax
£453K
+149.9% vs 2023
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £29,965,792 | — | £24,080,364 | £26,597,341 | |
| Operating profit | — | — | — | £1,262,229 | — | £205,287 | £469,586 | |
| Profit before tax | — | — | — | £1,257,350 | — | £181,241 | £453,007 | |
| Net profit | — | — | — | £1,029,253 | — | £140,097 | £341,690 | |
| Cash | — | — | — | £1,224,279 | — | £159,456 | £222,610 | |
| Total assets less current liabilities | — | — | — | £3,161,917 | — | £3,588,727 | £3,930,417 | |
| Net assets | — | — | — | — | — | £3,588,727 | £3,930,417 | |
| Equity | £1,327,716 | £1,699,384 | £2,382,664 | £3,161,917 | £3,448,630 | £3,588,727 | £3,930,417 | |
| Average employees | — | — | — | 26 | — | 27 | 25 | |
| Wages | — | — | — | £1,250,495 | — | £1,261,247 | £1,212,654 | |
| Directors' remuneration | — | — | — | £444,891 | — | £370,920 | £388,900 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+10.5%
£24,080,364 £26,597,341
-
Cash
+39.6%
£159,456 £222,610
-
Net assets
+9.5%
£3,588,727 £3,930,417
-
Employees
-7.4%
27 25
lowest in 3 filed years
-
Operating profit
+128.7%
£205,287 £469,586
-
Profit before tax
+149.9%
£181,241 £453,007
-
Wages
-3.9%
£1,261,247 £1,212,654
lowest in 3 filed years
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 4.2% | — | 0.9% | 1.8% | |
| Net margin | — | — | — | 3.4% | — | 0.6% | 1.3% | |
| Return on capital employed | — | — | — | 39.9% | — | 5.7% | 11.9% | |
| Current ratio | — | — | — | — | — | 2.96x | 3.03x | |
| Interest cover | — | — | — | 258.71x | — | 8.48x | 28.32x |
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.
Name history
Renamed 1 time since incorporation
- SMARTSOURCING LIMITED 2020-02-21 → present
- SMARTSOURCING PLC 2002-01-24 → 2020-02-21
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Goldwyns Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, 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.”
Group structure
- SMARTSOURCING LIMITED · parent
- E-Smartsourcing Limited 100%
Significant events
- “Turnover increased in the year by 10% to £26.6m.”
- “Operating profit increased in the year by 129% to £0.5m.”
- “SmartSourcing heavily invested in training in 2024 to build internal confidence and capability.”
- “In October 2024 were awarded the Silver accreditation by Positive Planet.”
- “Smartsourcing have been awarded ISO 14001 and are proud to consider the environment in all that we do.”
- “We have also increased our Cyber Essentials status to Cyber Essentials Plus.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LEVY, Nigel Bruce, Mr. | Secretary | 2002-01-24 | — | British |
| BOULTON-BROWN, Lisa Jayne | Director | 2021-05-19 | Aug 1975 | British |
| GROSSICK, Joanne Elizabeth | Director | 2021-05-19 | Aug 1969 | British |
| HALL, Judith Margaret | Director | 2002-10-31 | Oct 1965 | British |
| MARTIN, Anthony Robert | Director | 2002-01-24 | Aug 1948 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHETTLEBURGHS SECRETARIAL LTD | Corporate Nominee Secretary | 2002-01-24 | 2002-02-07 |
| ADLINGTON, John | Director | 2002-01-24 | 2002-10-31 |
| HEMMINGS, Jason Lee | Director | 2021-05-19 | 2026-04-10 |
| MARTIN, Linda Mary | Director | 2015-02-02 | 2021-05-19 |
| WHITE, Anthony David | Director | 2002-10-31 | 2016-11-30 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 91 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-13 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-01 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2025-09-16 | AA | accounts | Accounts with accounts type full | |
| 2025-03-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-02 | AA | accounts | Accounts with accounts type full | |
| 2024-04-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-03-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-14 | AA | accounts | Accounts with accounts type full | |
| 2023-03-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-06 | AA | accounts | Accounts with accounts type full | |
| 2022-04-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-28 | AA | accounts | Accounts with accounts type full | |
| 2021-05-20 | AP01 | officers | Appoint person director company with name date | |
| 2021-05-19 | AP01 | officers | Appoint person director company with name date | |
| 2021-05-19 | TM01 | officers | Termination director company with name termination date | |
| 2021-05-19 | AP01 | officers | Appoint person director company with name date | |
| 2021-04-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-06-19 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.