Smartsource Solutions Ltd
- Active
- Small
- 17 years
- 10 employees
- £493,565 (cur assets)
- 1m-15m
- Regular importer
- Regular exporter
- Real address
- 2 directors
- 1 owner
- Sheffield
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 5 months ago, a good sign to sell them something.
Field of Operation
Website
Social media
Summary
Smartsource Solutions Ltd from Sheffield UK: a small, active company founded sixteen years ago in 2008, employs ten people, and holds assets worth £493,565. Based at a real address, the company is led by three directors and owned by Cotton Matthew Adam. It operates an e-commerce site and regularly imports paper and paperboard products (fifteen months of activity) and exports machinery, boilers, and mechanical appliances (twenty-six months of activity).
The company's website positions Smartsource as "your strategic buying partner," offering a wide range of business supplies, from print and labels to workwear and PPE. It’s more than just a reseller; they offer product development, just-in-time delivery, and stock management services—essentially streamlining procurement for businesses. The site highlights their ability to consolidate suppliers and reduce costs, suggesting a focus on value-added services beyond simple product sales. They even offer bespoke products, tailored to specific client needs.
Financially, Smartsource Solutions Ltd presents a mixed picture. Creditors have risen by 24%, reaching £340,000, while cash reserves have increased by 18%, now at £210,000. Debtor values have increased by 27% to £190,000. Accumulated amortisation of intangible assets has increased by 48%, and depreciation on plant and machinery has increased by 13%. However, net assets have grown by 18%, reaching £260,000. 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 creditors suggests a need to manage cash flow carefully. The company is exempt from an audit, so the financial statements are unaudited.
The rise in finance lease liabilities, increasing by 420%, is a notable trend. This could indicate investment in equipment or expansion of operations, but also presents a risk if not managed effectively. The company’s ability to maintain its regular import and export activity, despite these financial shifts, suggests a resilient business model—though future performance will depend on continued demand and effective cost control.
Registered in England/Wales under the registration number 06729870, with a registered address at S4 7UR, Sheffield, S Yorks, President Park, President Way.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 9 years
- 4
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- 16 years
-
Resident of United Kingdom
-
Individual
- 16 years
- 4
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Cancellation of shares. Statement of capital on 2025-09-30Download 7 pages pdf report
-
Cancellation of shares. Statement of capital on 2025-09-30Download 7 pages pdf report
-
Purchase of own shares.Download 4 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
Click on items to see detailed UK statistics on HS code, including companies list.
* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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