FINANCIALS: ClearStar sees profit rise

US background check technology and service provider ClearStar has seen year-on-year profit climb 11%, according to a trading update for the quarter to 31 March 2019.

The update, released this morning, reveals revenue of $5.1m (£3.9m), up from $4.6m in Q1 2018. 

Elaborating on the group’s performance, ClearStar chief executive Robert Vale said he was happy with the firm’s strong Q1 showing. 

“The investments that we have made in technology and integrations have paved the path to an upmarket sales funnel with some notable wins during the period,” he said. “This is the first full quarter for our new sales team and, as the growth in our direct business channel sales indicates, we are seeing good traction. Our increased marketing efforts are yielding results in getting our brand name recognised.”

When there’s no place like home – and it may need improving

Amid a gloom-and-doom cascade of unemployment figures and numbers of furloughed workers, small shoots of economic activity are popping up, notably in the home improvement and delivery sectors.


UK&Ireland 18 June 2020

FINANCIALS: Hays benefits from strong performance in US and China

A strong performance in the US and China, backed by solid growth in other markets in Asia and the Americas, bolstered global recruiter Hays’ results, according to a trading update for the three months ending 30 September 2019.

Financials 15 October 2019

Recruitment M&A activity in the UK returns to pre-recession levels

Mergers and acquisitions involving UK recruiters have returned to pre-recession levels, with a 167% increase in deals over the past two years on the same period a decade ago.

22 August 2019

Sellick Partnership eyes European opportunities with sale to Samsic

Sellick Partnership’s sale of a majority stake in the business to soft service provider Samsic will open up opportunities for the professional services staffing specialist right across Europe.

10 April 2019