Smart Business Management Ltd

Smart Business Management Ltd, based in London, UK, is a small, active company established thirteen years ago. With three employees and £184,825 in assets, it operates from a real address and is led by one director and owner. The company is a regular importer, specializing in umbrellas, sun umbrellas, walking sticks, and similar items, with 16 months of import activity recorded.

The company's website reveals a different facet: a virtual finance department offering outsourced accounting services. It’s a modern approach, leveraging technology and a team of experts to provide bookkeeping, growth services, and even finance director support to businesses. The website highlights the benefits of outsourcing, including flexible hours, proactive approaches, and advanced accounting software. Client testimonials praise the team’s expertise and the positive impact on their businesses.

Financially, Smart Business Management Ltd presents a mixed picture. While current assets increased by 59% to £180,000, net assets remained steady at £29,000. Bank borrowings decreased significantly by 36%, reaching £15,000, and cash reserves saw a substantial jump of 110% to £46,000. Creditors decreased by 19%, suggesting improved debt management. However, trade debtors increased by 71%, which could indicate challenges in collecting payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in debtors warrants attention. With no auditor mentioned, the unaudited figures rely on director-reported data.

Overall, Smart Business Management Ltd appears to be navigating a period of growth and change, leveraging its virtual finance department to serve a growing client base. The company’s financial health seems stable, but the increase in debtors should be monitored closely.

Registered in England/Wales under the registration number 07660794, with a registered address at E17 6BH, England, London, Unit 7 61 Sutherland Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.