Smartsourcing Limited
Registered name: SMARTSOURCING LIMITED
Smartsourcing Limited made £21m revenue and £124k profit in the year to 31 Dec 2025.
Smartsourcing Limited’s revenue fell 21% to £21m in the year to 31 Dec 2025, with £124k profit and 24 employees. The company is classified under “temporary employment agency activities” and is based in South Benfleet; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- South Benfleet, East of England
- Age
- 24 yrs · since 2002
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £24.7m | £24.1m | £26.6m | £21m |
| Cost of sales | £22.3m | £22.1m | £24.4m | £19.3m |
| Gross profit | £2.4m | £2m | £2.2m | £1.7m |
| Operating profit | £660k | £205k | £470k | £165k |
| Profit before tax | £656k | £181k | £453k | £161k |
| Profit after tax | £537k | £140k | £342k | £124k |
| Profit (best available) | £537k | £140k | £342k | £124k |
| Staff costs | £1.5m | £1.5m | £1.4m | £1.3m |
| Employees (average) | 28 | 27 | 25 | 24 |
| Ratios | ||||
| Profit margin | 2.2% | 0.6% | 1.3% | 0.6% |
| Gross margin | 9.8% | 8.1% | 8.2% | 8.1% |
| Revenue per employee | £882k | £892k | £1.1m | £874k |
| Profit per employee | £19.2k | £5.2k | £13.7k | £5.2k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼2.5% | ▲10.4% | ▼21.1% |
| Profit growth | — | ▼73.9% | ▲143.9% | ▼63.8% |
| Headcount growth | — | ▼3.6% | ▼7.4% | ▼4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £64k | £159k | £223k | £703k |
| Net assets | £3.4m | £3.6m | £3.9m | £4.1m |
| Fixed assets | £7.5k | £7.1k | £3.8k | £3.5k |
| Current assets | £5.1m | £5.4m | £5.9m | £5.2m |
| Debtors | £3m | £2.6m | £2.8m | £1.4m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 0.6%
- Profit ÷ revenue.
- Gross margin
- 8.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £874k
- Revenue ÷ average employees.
- Profit per employee
- £5.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 6.8%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲3%
- Now £4.1m
- Cash at bank
- ▲216%
- Now £703k
- Headcount
- ▼4%
- Now 24
- Deferred income
- —
- Now —
- Fixed assets
- ▼8%
- Now £3.5k
Group structure
Subsidiaries (1)
- E-Smartsourcing LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £124k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.