Smart Group Services Limited

Smart Group Services Ltd from Reading UK is a small holding company with an active status, founded nineteen years ago. The company employs eighty-eight people and holds £630,901 in assets. It operates from a virtual address, has three directors, and is owned by Smart Group Facilities Management Ltd. It’s an irregular importer, with its top import category being Paper and Paperboard Products, totaling two months of imports.

The company’s website showcases Smart Group Services as a provider of professional contract cleaning services, operating throughout Hampshire and beyond. It emphasizes being a family-run business with excellent customer feedback and offers a range of services including office cleaning, property maintenance, window cleaning, landscaping, pest control, and more. The site encourages customers to call or use the contact form for help or advice.

Financially, Smart Group Services Ltd shows some concerning trends. Cash reserves fell by 30%, dropping to £140,000, while bank borrowings increased significantly, rising by 30% to £10,000. Creditors also decreased by 18%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp decline in cash reserves raises questions. Net assets increased by 19%, reaching £250,000, but the company’s reliance on bank borrowings to cover operations is noticeable. With no auditor mentioned, the figures are unaudited.

The company’s average number of employees increased by 4.5% to ninety-two, which could be a sign of growth or increased workload. While the company’s core business seems stable, the financial data suggests it’s facing some financial pressures, and it's burning through money.

Registered in England/Wales under the registration number 05699197, with a registered address at RG1 8LS, England, Reading, Berkshire, C/O James Cowper Kreston 8th Floor South, Reading Bridge House, George Street.

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