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The top ranked firm in this year’s Recruiter HOT 100, which ranks recruitment firms according to their profitability, have “only scratched the surface” of their ambitions, according to the company’s owners. 

Specialist international recruiter Shilton Sharpe Quarry (SSQ) achieved a gross profit per employees of £164,504 from its 75 employees on a turnover of £12m in 2011.

However, chief executive Nick Shilton told Recruiter: “It is great to be at the top of your table this year, but we would hope to enhance that revenue per employee fee considerably over the next few years.

“There is considerable growth potential in most if not all of our business units. Realistically, I would hope to push that well beyond £200,000.”

Gareth Quarry, SSQ, executive chairman added: “We are always driven by entrepreneurial insecurity, but we have only just scratched the surface of where we want to be.”

SSQ has identified Asia as a particular growth market, and expects to see the percentage of its fees earned from outside the UK increase from 40% now to 50% in the near future. 

For more on how SSQ attained top spot in Recruiter’s HOT 100 2012, see p32 of the issue or click here.

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