Smartrecruiters Ltd
Registered name: SMARTRECRUITERS LTD
Smartrecruiters Ltd made £19.3m revenue and £180k profit in the year to 31 Jan 2025. read from filing text
Smartrecruiters Ltd’s revenue grew 7% to £19.3m in the year to 31 Jan 2025, with £180k profit and 66 employees. The company is classified under “business and domestic software development” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 10 yrs · since 2016
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “During the year, the immediate and ultimate parent undertaking is SmartRecruiters Inc. a company incorporated in the United States.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jan 2022 | 31 Jan 2023 | 31 Jan 2024 | 31 Jan 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | £10.5m | £18.1m | £19.3m |
| Cost of sales | — | £1.2m | £1.9m | £4.3m |
| Gross profit | — | £9.3m | £16.2m | £15m |
| Operating profit | — | — | — | £463k |
| Profit before tax | — | −£4.9m | −£116k | £180k |
| Profit after tax | — | −£4.9m | −£116k | £180k |
| Profit (best available) | — | −£4.9m | −£116k | £180k |
| Staff costs | — | — | £11.4m | £9.9m |
| Employees (average) | 28 | 70 | 70 | 66 |
| Ratios | ||||
| Profit margin | — | −46.9% | −0.6% | 0.9% |
| Gross margin | — | 88.8% | 89.3% | 77.6% |
| Revenue per employee | — | £150k | £259k | £293k |
| Profit per employee | — | −£70.2k | −£1.7k | £2.7k |
| Cash conversion | — | — | — | −110.8% |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲72.7% | ▲6.7% |
| Headcount growth | — | ▲150% | 0% | ▼5.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £352k | £576k | £733k | £919k |
| Net assets | — | −£11.2m | −£11.1m | −£10.8m |
| Fixed assets | £61.1k | £94.8k | £112k | £109k |
| Current assets | — | £8m | £10.3m | £8.6m |
| Debtors | £2.4m | £3.4m | £5.2m | £4.4m |
| Deferred income | — | — | £1.3m | £430k |
| Cash from operations | — | £921k | £43.2k | −£513k |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 0.9%
- Profit ÷ revenue.
- Gross margin
- 77.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £293k
- Revenue ÷ average employees.
- Profit per employee
- £2.7k
- Profit ÷ average employees.
- Cash conversion
- −110.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 22.8%
- 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
- —
- Now −£10.8m
- Cash at bank
- ▲25%
- Now £919k
- Headcount
- ▼6%
- Now 66
- Deferred income
- ▼68%
- Now £430k
- Fixed assets
- ▼3%
- Now £109k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Focal Ventures LtdLondon · Business and domestic software development
- Revenue
- £19.2m
- Profit
- £2.1m
- Staff
- —
- Walkme UK LimitedLondon · Business and domestic software development
- Revenue
- £19m
- Profit
- £1.1m
- Staff
- 47
- Forterro UK Orderwise LimitedLincoln · Business and domestic software development
- Revenue
- £18.8m
- Profit
- £6.3m
- Staff
- 112
- Circuit Routing LimitedLondon · Business and domestic software development
- Revenue
- £18.8m
- Profit
- £927k
- Staff
- 14
- Golf Holidays Direct LimitedWarrington · Business and domestic software development
- Revenue
- £19.9m
- Profit
- £176k
- Staff
- 29
- Pax2pay LtdBristol · Business and domestic software development
- Revenue
- £20m
- Profit
- £2.4m
- Staff
- 16
Sources
Latest figures from FullAccounts for the year to 31 Jan 2025 (profit £180k), from the Companies House accounts bulk data published Oct 2025. 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.