handle recruitment limited
handle recruitment limited Company Information
Company Number
01419017
Next Accounts
Sep 2025
Shareholders
peter tafler
stella walker
View AllGroup Structure
View All
Industry
Temporary employment agency activities
Registered Address
ink rooms unit 3.01, 25-37 easton street, london, WC1X 0DS
Website
www.handlerecruitment.co.ukhandle recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of HANDLE RECRUITMENT LIMITED at £5.2m based on a Turnover of £14.5m and 0.36x industry multiple (adjusted for size and gross margin).
handle recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of HANDLE RECRUITMENT LIMITED at £0 based on an EBITDA of £-37.6k and a 5.55x industry multiple (adjusted for size and gross margin).
handle recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of HANDLE RECRUITMENT LIMITED at £2.9m based on Net Assets of £1.9m and 1.56x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Handle Recruitment Limited Overview
Handle Recruitment Limited is a live company located in london, WC1X 0DS with a Companies House number of 01419017. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in May 1979, it's largest shareholder is peter tafler with a 50% stake. Handle Recruitment Limited is a mature, mid sized company, Pomanda has estimated its turnover at £14.5m with declining growth in recent years.
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Handle Recruitment Limited Health Check
Pomanda's financial health check has awarded Handle Recruitment Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £14.5m, make it in line with the average company (£16.5m)
£14.5m - Handle Recruitment Limited
£16.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (6%)
-3% - Handle Recruitment Limited
6% - Industry AVG
Production
with a gross margin of 33.2%, this company has a lower cost of product (18.5%)
33.2% - Handle Recruitment Limited
18.5% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (2.6%)
-0.8% - Handle Recruitment Limited
2.6% - Industry AVG
Employees
with 246 employees, this is above the industry average (56)
246 - Handle Recruitment Limited
56 - Industry AVG
Pay Structure
on an average salary of £53.4k, the company has an equivalent pay structure (£52.6k)
£53.4k - Handle Recruitment Limited
£52.6k - Industry AVG
Efficiency
resulting in sales per employee of £59k, this is less efficient (£244.8k)
£59k - Handle Recruitment Limited
£244.8k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is near the average (46 days)
54 days - Handle Recruitment Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is slower than average (4 days)
8 days - Handle Recruitment Limited
4 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Handle Recruitment Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is more cash available to meet short term requirements (6 weeks)
10 weeks - Handle Recruitment Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.4%, this is a lower level of debt than the average (71.2%)
45.4% - Handle Recruitment Limited
71.2% - Industry AVG
HANDLE RECRUITMENT LIMITED financials
Handle Recruitment Limited's latest turnover from December 2023 is £14.5 million and the company has net assets of £1.9 million. According to their latest financial statements, Handle Recruitment Limited has 246 employees and maintains cash reserves of £304.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 14,522,193 | 17,467,690 | 17,193,394 | 15,818,401 | 22,139,330 | 23,258,614 | 21,270,889 | 18,675,960 | 25,820,602 | 16,675,014 | |||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 9,703,659 | 11,071,969 | 12,486,323 | 12,276,290 | 15,656,939 | 16,492,002 | 15,029,228 | 13,111,517 | 20,055,489 | 12,123,052 | |||||
| Gross Profit | 4,818,534 | 6,395,721 | 4,707,071 | 3,542,111 | 6,482,391 | 6,766,612 | 6,241,661 | 5,564,443 | 5,765,113 | 4,551,962 | |||||
| Admin Expenses | 4,934,455 | 6,020,780 | 4,543,210 | 3,730,545 | 6,082,467 | 6,038,116 | 5,716,321 | 4,713,787 | 4,884,933 | 3,764,504 | |||||
| Operating Profit | -115,921 | 374,941 | 163,861 | -188,434 | 399,924 | 728,496 | 525,340 | 850,656 | 880,180 | 787,458 | |||||
| Interest Payable | 19,118 | 24,074 | 14,905 | 6,974 | 22,252 | 11,184 | 9,569 | 3,242 | 10,165 | 5,710 | |||||
| Interest Receivable | 1,366 | 188 | |||||||||||||
| Pre-Tax Profit | -135,039 | 350,867 | 148,956 | -195,408 | 377,672 | 717,312 | 515,771 | 847,414 | 871,381 | 781,936 | |||||
| Tax | 12,849 | -73,861 | -33,067 | 28,121 | -101,299 | -174,153 | -158,054 | -195,506 | -187,264 | -180,215 | |||||
| Profit After Tax | -122,190 | 277,006 | 115,889 | -167,287 | 276,373 | 543,159 | 357,717 | 651,908 | 684,117 | 601,721 | |||||
| Dividends Paid | 400,000 | 288,000 | 456,000 | 285,000 | 587,500 | 250,000 | 391,000 | ||||||||
| Retained Profit | -122,190 | 277,006 | -284,111 | -455,287 | -179,627 | 258,159 | 357,717 | 64,408 | 431,108 | 210,721 | |||||
| Employee Costs | 13,138,211 | 15,616,747 | 15,982,689 | 15,478,139 | 19,875,367 | 20,779,872 | 19,033,405 | 16,515,812 | 23,640,496 | 14,740,671 | |||||
| Number Of Employees | 246 | 276 | 271 | 264 | 330 | 336 | 309 | 189 | 512 | 261 | |||||
| EBITDA* | -37,575 | 450,458 | 240,208 | -92,936 | 520,373 | 848,669 | 647,528 | 933,364 | 983,489 | 886,754 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 111,864 | 164,084 | 169,552 | 213,146 | 273,808 | 345,905 | 426,815 | 194,386 | 234,058 | 188,637 | 185,508 | 215,737 | 241,248 | 194,227 | 97,618 |
| Intangible Assets | 39,669 | ||||||||||||||
| Investments & Other | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 111,865 | 164,085 | 169,553 | 213,147 | 273,809 | 345,906 | 426,816 | 194,387 | 273,727 | 188,638 | 185,508 | 215,737 | 241,248 | 194,227 | 97,618 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 2,160,452 | 3,383,896 | 3,028,334 | 2,256,234 | 4,290,720 | 5,194,299 | 3,251,213 | 3,353,969 | 4,393,241 | 3,972,652 | 2,731,460 | 2,314,493 | 1,937,097 | 1,495,657 | 797,390 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 857,703 | 707,126 | 267,752 | 420,371 | 610,441 | 451,059 | 1,130,480 | 1,118,108 | 298,253 | 426,307 | 37,901 | ||||
| Cash | 304,080 | 414,984 | 762,292 | 1,038,938 | 744,477 | 54,181 | 49,118 | 2,488 | 220,151 | 125,400 | 158,616 | 882,363 | 620,579 | 74,387 | 514,117 |
| misc current assets | |||||||||||||||
| total current assets | 3,322,235 | 4,506,006 | 4,058,378 | 3,715,543 | 5,645,638 | 5,699,539 | 4,430,811 | 4,474,565 | 4,911,645 | 4,524,359 | 2,890,076 | 3,196,856 | 2,557,676 | 1,570,044 | 1,349,408 |
| total assets | 3,434,100 | 4,670,091 | 4,227,931 | 3,928,690 | 5,919,447 | 6,045,445 | 4,857,627 | 4,668,952 | 5,185,372 | 4,712,997 | 3,075,584 | 3,412,593 | 2,798,924 | 1,764,271 | 1,447,026 |
| Bank overdraft | 1,630,110 | 763,953 | 578,315 | 645,618 | 690,476 | ||||||||||
| Bank loan | 104,167 | 250,000 | 250,000 | ||||||||||||
| Trade Creditors | 218,288 | 273,107 | 181,712 | 124,440 | 225,677 | 294,642 | 354,426 | 284,378 | 430,770 | 287,629 | 1,543,621 | 1,176,699 | 1,274,924 | 861,325 | 535,098 |
| Group/Directors Accounts | 2,397 | 2,397 | 2,397 | 2,397 | 2,397 | 2,397 | 2,397 | 1,891 | |||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 1,211,562 | 2,017,048 | 1,693,048 | 1,013,824 | 1,562,094 | 2,290,981 | 1,480,525 | 1,689,813 | 2,572,002 | 1,990,208 | |||||
| total current liabilities | 1,536,414 | 2,542,552 | 2,127,157 | 1,140,661 | 3,420,278 | 3,351,973 | 2,415,663 | 2,621,700 | 3,002,772 | 2,968,313 | 1,543,621 | 1,176,699 | 1,274,924 | 861,325 | 535,098 |
| loans | 104,167 | 354,167 | 750,000 | ||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 24,048 | 27,544 | 27,785 | 35,096 | 40,949 | 55,625 | 62,276 | 25,281 | 25,281 | 17,000 | 15,000 | 22,770 | 24,759 | 7,148 | 5,537 |
| total long term liabilities | 24,048 | 131,711 | 381,952 | 785,096 | 40,949 | 55,625 | 62,276 | 25,281 | 25,281 | 17,000 | 15,000 | 22,770 | 24,759 | 7,148 | 5,537 |
| total liabilities | 1,560,462 | 2,674,263 | 2,509,109 | 1,925,757 | 3,461,227 | 3,407,598 | 2,477,939 | 2,646,981 | 3,028,053 | 2,985,313 | 1,558,621 | 1,199,469 | 1,299,683 | 868,473 | 540,635 |
| net assets | 1,873,638 | 1,995,828 | 1,718,822 | 2,002,933 | 2,458,220 | 2,637,847 | 2,379,688 | 2,021,971 | 2,157,319 | 1,727,684 | 1,516,963 | 2,213,124 | 1,499,241 | 895,798 | 906,391 |
| total shareholders funds | 1,873,638 | 1,995,828 | 1,718,822 | 2,002,933 | 2,458,220 | 2,637,847 | 2,379,688 | 2,021,971 | 2,157,319 | 1,727,684 | 1,516,963 | 2,213,124 | 1,499,241 | 895,798 | 906,391 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -115,921 | 374,941 | 163,861 | -188,434 | 399,924 | 728,496 | 525,340 | 850,656 | 880,180 | 787,458 | |||||
| Depreciation | 78,346 | 75,517 | 76,347 | 95,498 | 120,449 | 120,173 | 122,188 | 82,708 | 90,914 | 99,296 | 78,955 | 68,543 | 57,553 | 36,496 | 104,173 |
| Amortisation | 12,395 | ||||||||||||||
| Tax | 12,849 | -73,861 | -33,067 | 28,121 | -101,299 | -174,153 | -158,054 | -195,506 | -187,264 | -180,215 | |||||
| Stock | |||||||||||||||
| Debtors | -1,072,867 | 794,936 | 619,481 | -2,224,556 | -744,197 | 1,263,665 | -90,384 | -219,417 | 292,535 | 1,667,499 | 416,967 | 377,396 | 441,440 | 660,366 | 835,291 |
| Creditors | -54,819 | 91,395 | 57,272 | -101,237 | -68,965 | -59,784 | 70,048 | -146,392 | 143,141 | -1,255,992 | 366,922 | -98,225 | 413,599 | 326,227 | 535,098 |
| Accruals and Deferred Income | -805,486 | 324,000 | 679,224 | -548,270 | -728,887 | 810,456 | -209,288 | -882,189 | 581,794 | 1,990,208 | |||||
| Deferred Taxes & Provisions | -3,496 | -241 | -7,311 | -5,853 | -14,676 | -6,651 | 36,995 | 8,281 | 2,000 | -7,770 | -1,989 | 17,611 | 1,611 | 5,537 | |
| Cash flow from operations | 184,340 | -3,185 | 316,845 | 1,504,381 | 350,743 | 154,872 | 477,613 | -71,306 | 1,236,906 | -224,744 | |||||
| Investing Activities | |||||||||||||||
| capital expenditure | 88,169 | -514,157 | -63,367 | -130,334 | -102,425 | ||||||||||
| Change in Investments | 1 | -1 | 1 | ||||||||||||
| cash flow from investments | 88,169 | -514,157 | -63,368 | -130,333 | -102,426 | ||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -145,833 | 250,000 | |||||||||||||
| Group/Directors Accounts | 506 | 1,891 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -104,167 | -250,000 | -395,833 | 750,000 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -19,118 | -24,074 | -14,905 | -6,974 | -22,252 | -11,184 | -9,569 | -3,242 | -8,799 | -5,522 | |||||
| cash flow from financing | -269,118 | -274,074 | -160,738 | 743,026 | -22,252 | -11,184 | -9,063 | -201,107 | -10,272 | -5,522 | |||||
| cash and cash equivalents | |||||||||||||||
| cash | -110,904 | -347,308 | -276,646 | 294,461 | 690,296 | 5,063 | 46,630 | -217,663 | 94,751 | -33,216 | -723,747 | 261,784 | 546,192 | -439,730 | 514,117 |
| overdraft | -1,630,110 | 866,157 | 185,638 | -67,303 | 645,618 | -690,476 | 690,476 | ||||||||
| change in cash | -110,904 | -347,308 | -276,646 | 1,924,571 | -175,861 | -180,575 | 113,933 | -863,281 | 785,227 | -723,692 | -723,747 | 261,784 | 546,192 | -439,730 | 514,117 |
handle recruitment limited Credit Report and Business Information
Handle Recruitment Limited Competitor Analysis
Perform a competitor analysis for handle recruitment limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in WC1X area or any other competitors across 12 key performance metrics.
handle recruitment limited Ownership
HANDLE RECRUITMENT LIMITED group structure
Handle Recruitment Limited has 1 subsidiary company.
Ultimate parent company
HANDLE RECRUITMENT LIMITED
01419017
1 subsidiary
handle recruitment limited directors
Handle Recruitment Limited currently has 2 directors. The longest serving directors include Ms Stella Walker (Sep 1991) and Mr Peter Tafler (Oct 2003).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Stella Walker | United Kingdom | 82 years | Sep 1991 | - | Director |
| Mr Peter Tafler | United Kingdom | 54 years | Oct 2003 | - | Director |
P&L
December 2023turnover
14.5m
-17%
operating profit
-115.9k
-131%
gross margin
33.2%
-9.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.9m
-0.06%
total assets
3.4m
-0.26%
cash
304.1k
-0.27%
net assets
Total assets minus all liabilities
handle recruitment limited company details
company number
01419017
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
May 1979
age
46
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
handle staff limited (July 1982)
accountant
-
auditor
MGR WESTON KAY LLP
address
ink rooms unit 3.01, 25-37 easton street, london, WC1X 0DS
Bank
BARCLAYS BANK PLC
Legal Advisor
-
handle recruitment limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 3 charges/mortgages relating to handle recruitment limited. Currently there are 2 open charges and 1 have been satisfied in the past.
handle recruitment limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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handle recruitment limited Companies House Filings - See Documents
| date | description | view/download |
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