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SMART RESOURCING SOLUTIONS LIMITED Financials

Company number
08486268Copy
Copy
Registered office
The Copper Room Deva City Office Park, Trinity Way, Manchester M3 7BG
Incorporated
12/04/2013

Company snapshot

Status
Active
Employees
4 (2023)
Latest financial data
2023
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£365.33K2023
197.00%vs 2022

2022: £123.01K

Total Assets

£570.43K2023
14.92%vs 2022

2022: £496.37K

Cash in Bank

£25.34K2023
154.12%vs 2022

2022: £9.97K

Total Liabilities

£205.10K2023
-45.04%vs 2022

2022: £373.20K

Employees

42023
-2vs 2022

2022: 6

In 2023, SMART RESOURCING SOLUTIONS LIMITED reported net assets of £365.33K. The same filing shows total assets of £570.43K, cash in bank of £25.34K and total liabilities of £205.10K. Reported headcount was 4 in 2023. Net Assets rose from £123.01K in 2022 to £365.33K in 2023 (197.00%). Okredo holds filed figures for 2021–2023; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£365.33K2023
197.00%from £123.01K in 2022

Year-on-year change

Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.

3-year financial trend (2021–2023)

How the figures SMART RESOURCING SOLUTIONS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£106.49K2021£365.33K2023
+243%vs 2021

+85.2% a year compound (CAGR)

Cash in Bank

£124.31K2021£25.34K2023
-79.6%vs 2021

-54.8% a year compound (CAGR)

Total Assets

£506.05K2021£570.43K2023
+12.7%vs 2021

+6.2% a year compound (CAGR)

Total Liabilities

£399.56K2021£205.10K2023
-48.7%vs 2021

-28.4% a year compound (CAGR)

Employees

8202142023
-50%vs 2021-4

Biggest increase

Net Assets+243%

£106.49K in 2021 to £365.33K in 2023

Biggest decrease

Cash in Bank-79.6%

£124.31K in 2021 to £25.34K in 2023

SMART RESOURCING SOLUTIONS LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SMART RESOURCING SOLUTIONS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
64.05%2023
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
35.95%2023
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Cash to liabilities
12.36%2023
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
4.44%2023
Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for SMART RESOURCING SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£106.49K123.01K365.33K
Total Assets£506.05K496.37K570.43K
Cash in Bank£124.31K9.97K25.34K
Total Liabilities£399.56K373.20K205.10K
Employees864

SMART RESOURCING SOLUTIONS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for SMART RESOURCING SOLUTIONS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

SMART RESOURCING SOLUTIONS LIMITED reported net assets of £365.33K for 2023. That compares with £123.01K in 2022, a change of 197.00%.

SMART RESOURCING SOLUTIONS LIMITED reported total assets of £570.43K for 2023. That compares with £496.37K in 2022, a change of 14.92%.

SMART RESOURCING SOLUTIONS LIMITED reported cash in bank of £25.34K for 2023. That compares with £9.97K in 2022, a change of 154.12%.

SMART RESOURCING SOLUTIONS LIMITED reported 4 employees in 2023, compared with 6 in 2022.

Between 2021 and 2023, SMART RESOURCING SOLUTIONS LIMITED's net assets rose by 243%, cash in bank fell by 79.6%, total assets rose by 12.7% and total liabilities fell by 48.7%. Net assets compounded at 85.2% a year across the two years to 2023, from £106.49K to £365.33K. Reported headcount went from 8 in 2021 to 4 in 2023 (-4).

Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.