Recruiter plans to expand after enjoying record year

Manchester recruiter Sellick Partnership said it is looking to take on extra staff after enjoying a record year.

The firm saw its gross profits rise by 19.5% in the financial year ending February 2019 to £7.8m. Profit before tax was £1.4m.

The business – which recently sold a majority stake to French giant Samsic – had a turnover of £48.6m, up 16% from the previous year with an EBITDA of £2m, an increase of 70% from 2017/18.

The company say the success has been driven by a growth in both temporary and permanent placements despite the uncertainty and challenges Brexit is putting on the UK recruitment sector.

Both permanent and temporary revenue streams increased, with permanent placements rising by 15% to 418 and contractor numbers also up by 16% with 822 temporary placements out at the close of the financial year.

Jo Sellick, managing director, said: “Sellick Partnership has had another fantastic year, which is testament to the truly amazing team we have working across the UK.

“The recruitment market can be volatile at times of change and uncertainty, but our growth and our placement numbers are an indication of confidence returning to the UK jobs market.

“Our continued financial success and investment from Samsic is giving us a great opportunity to look further afield, and expand our current offering into new areas of the UK. The locations of these offices are still under discussion, but it is likely we will open multiple offices in the South East and South West of England in the coming 18 months.”

The news comes four months after Sellick Partnership announced that Samsic, one of Europe’s largest soft service providers, has taken a majority stake in the company.

Currently employing over 100 members of staff, the planned growth will see Sellick Partnership recruit a significant number of experienced and trainee recruitment professionals over the next 12-18 months.

Jo Sellick added: “We are giving our current workforce a real opportunity to help our growth.

“Our people have been instrumental in our growth up until now, and we want to continue this by giving them an opportunity to explore new markets.

“We are very open to expanding our offering to various regions across the UK and have asked our people to come forward and pitch any ideas they may have. I hope that this, our planned expansion and commitment to providing the very best recruitment service will help us achieve our ambitious growth targets.”