FINANCIALS: OSR Recruitment profits up by two-thirds

Turnover growth slowed at FAST 50-listed multi-sector OSR Recruitment in the year to 31 January 2013, although the company increased its profits significantly.
Mon, 21 Oct 2013Turnover growth slowed at FAST 50-listed multi-sector OSR Recruitment in the year to 31 January 2013, although the company increased its profits significantly.

The firm, which was listed at 36 in the 2013 FAST 50 list of the fastest-growing private recruitment businesses in the UK, saw turnover of £12.7m, up from £12.4m in the previous year.

Gross profit rose by £456k to £2.7m, while profit for the financial year of £865k was up from £521k last year.

All turnover for the East Anglian-based recruiter is derived from the UK.

The past year saw the recruiter add a further consultant and a further administrative worker to bring its staff count to 30, while the average monthly number of temporary candidates it employed and supplied to clients dropped slightly from 732 to 726.

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