Smart Solutions is a provider of business outsourced services, ranging from labour mobilisation projects, recruitment and delivery of a fully managed flexible workforce, to permanent recruitment, staff development, training and back office functions. In addition, smartsolutions provide complete business and compliance consultancy to the waste sector and to the food sector and recyclate commodity trading across the globe, delivered from over 30 key service centres around the UK. Founded in 2007 it was the fastest growing firm in Wales in 2010, receiving growth awards each year until receiving the first sustainable growth award in 2013 having grown from a turnover of £262k in 2007 to over £54m in 2014. smartsolutions is managed by a team of divisional specialists that have grown exponentially from it’s primary area of waste and recycling, to now include consultants from sectors such as construction, driving, contact centre, food manufacturing, high tech manufacturing, technical, industrial and logistics, commercial and public sectors. Providing clients with end-to-end solutions, with expert advice, consultancy and support, smartsolutions really know what makes businesses tick. With a string of National account wins, Smart Solutions has developed a strong track record in transforming services, saving costs, and delivering value for clients. It is a rapidly growing company, whose vision, agility and determination has established a reputation of in-depth understanding, expertise and a commitment to deliver high quality, premium levels of service.
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Type
Private
HQ
Langstone, GB
Founded
2007
Size (employees)
180 (est)
Smart Solutions was founded in 2007 and is headquartered in Langstone, GB
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Key People/Management at Smart Solutions

Nathan Bowles

Nathan Bowles

CEO
Kevin Thomas

Kevin Thomas

Managing Director Managed Services
Rob Webb

Rob Webb

Managing Director Recruitment Services Wales & England
Dale Parry

Dale Parry

Director of Projects & IT
Steve Mills

Steve Mills

Finance Director

Smart Solutions Office Locations

Smart Solutions has an office in Langstone
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Smart Solutions Financials and Metrics

Summary Metrics

Founding Date

2007
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Smart Solutions Financials

Smart Solutions's revenue was reported to be £97.01 m in FY, 2017
GBP

Revenue (FY, 2017)

97 m

Gross profit (FY, 2017)

12.8 m

Gross profit margin (FY, 2017), %

13.2%

Net income (FY, 2017)

(16.9 k)

EBITDA (FY, 2017)

483.2 k

EBIT (FY, 2017)

341.1 k

Cash (31-Jul-2017)

358.1 k
GBPFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

14.7 m27.6 m38.9 m42 m56 m78.5 m89.5 m97 m

Revenue growth, %

33%40%14%

Cost of goods sold

12.4 m23 m32.4 m34.9 m47.7 m66.7 m76.4 m84.2 m

Gross profit

2.3 m4.6 m6.5 m7.1 m8.3 m11.8 m13.1 m12.8 m
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

10.8 k307.9 k81.8 k2.1 m1.7 m818.7 k739.9 k745.6 k358.1 k

Accounts Receivable

432.7 k1.8 m3.7 m6.8 m5.8 m6 m8.4 m13.4 m16.2 m18.1 m

Inventories

92 k

Current Assets

432.7 k1.8 m4.2 m7.8 m8.4 m10 m12.5 m18.8 m20.9 m22.9 m
GBPFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

323 k740.8 k753.6 k906.7 k1.4 m745 k235.3 k(16.9 k)

Cash From Operating Activities

(598.4 k)(770.8 k)3.8 m(288.8 k)(1 m)(1.6 m)680.1 k301.9 k

Dividends Paid

173.8 k397 k500 k1.1 m

Cash From Financing Activities

1.2 m907.7 k(998.3 k)1.1 m718.8 k3.7 m2.2 m(580.1 k)
GBPY, 2017

Revenue/Employee

566.7 k

Financial Leverage

9.4 x
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Smart Solutions Online and Social Media Presence

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