Profits up 58% for Sellick Partnership
Sellick Partnership have reported its audited accounts show EBITDA rose 58% to £1.1 million for the year ended February 2016, up from £705k for the previous year.
The financial and legal recruitment company reported that turnover grew by 17% to £35.3 million, and net fee income grew by 14.1% for the financial year.
Sellick states that all business areas are exceeding expectations and that over the last year, Sellick Partnership have placed 1,125 contractors across the UK, within the public and private sectors.
The company said that while temporary job placements mainly supported the profit increase, it has also seen year on year growth in permanent recruitment.
Jo Sellick, managing director, commented, “I am delighted that we can report success across all divisions of the business and I am thrilled with the results for 2016. This is a particularly exciting stage of our development in which we remain well positioned for organic growth and continue to experience significant demand for high-calibre talent in a candidate-led market. In order to meet this demand we are recruiting internally across all offices to ensure that we can continue to offer the best recruitment service.
“Over the last year we have invested significantly in improving business processes, training and development, employee engagement, a striking website redesign and upgrading IT infrastructure. This has enabled us to build a strong platform to continue our growth plans. It has been a challenging year for a number of the sectors we recruit into with continued economic and legislative changes, however we have been able to overcome these obstacles and ultimately, report business growth. Having recently achieved Investors in People Silver accreditation and being listed in the ‘1000 Companies to Inspire Britain’ report for the second time, it has been an exciting year for the business.”
The company has recently launched two new divisions, HR and Housing & Property Services, to meet increased demand for professionals in the public sector.