resource solutions limited

Live MatureMegaDeclining

resource solutions limited Company Information

Share RESOURCE SOLUTIONS LIMITED

Company Number

02041065

Shareholders

robert walters holdings ltd

Group Structure

View All

Industry

Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.

 

Registered Address

11 slingsby place, st martin's courtyard, london, WC2E 9AB

resource solutions limited Estimated Valuation

£53.1m

Pomanda estimates the enterprise value of RESOURCE SOLUTIONS LIMITED at £53.1m based on a Turnover of £162.3m and 0.33x industry multiple (adjusted for size and gross margin).

resource solutions limited Estimated Valuation

£2.2m

Pomanda estimates the enterprise value of RESOURCE SOLUTIONS LIMITED at £2.2m based on an EBITDA of £379k and a 5.8x industry multiple (adjusted for size and gross margin).

resource solutions limited Estimated Valuation

£4.1m

Pomanda estimates the enterprise value of RESOURCE SOLUTIONS LIMITED at £4.1m based on Net Assets of £3.2m and 1.28x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Resource Solutions Limited Overview

Resource Solutions Limited is a live company located in london, WC2E 9AB with a Companies House number of 02041065. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in July 1986, it's largest shareholder is robert walters holdings ltd with a 100% stake. Resource Solutions Limited is a mature, mega sized company, Pomanda has estimated its turnover at £162.3m with declining growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Resource Solutions Limited Health Check

Pomanda's financial health check has awarded Resource Solutions Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £162.3m, make it larger than the average company (£10.8m)

£162.3m - Resource Solutions Limited

£10.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (6.6%)

-15% - Resource Solutions Limited

6.6% - Industry AVG

production

Production

with a gross margin of 20.2%, this company has a comparable cost of product (25.1%)

20.2% - Resource Solutions Limited

25.1% - Industry AVG

profitability

Profitability

an operating margin of 0.2% make it less profitable than the average company (3.9%)

0.2% - Resource Solutions Limited

3.9% - Industry AVG

employees

Employees

with 356 employees, this is above the industry average (46)

356 - Resource Solutions Limited

46 - Industry AVG

paystructure

Pay Structure

on an average salary of £60.4k, the company has an equivalent pay structure (£57k)

£60.4k - Resource Solutions Limited

£57k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £456k, this is more efficient (£187.2k)

£456k - Resource Solutions Limited

£187.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 65 days, this is later than average (45 days)

65 days - Resource Solutions Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 24 days, this is slower than average (9 days)

24 days - Resource Solutions Limited

9 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Resource Solutions Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)

0 weeks - Resource Solutions Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 97.3%, this is a higher level of debt than the average (67.4%)

97.3% - Resource Solutions Limited

67.4% - Industry AVG

RESOURCE SOLUTIONS LIMITED financials

EXPORTms excel logo

Resource Solutions Limited's latest turnover from December 2023 is £162.3 million and the company has net assets of £3.2 million. According to their latest financial statements, Resource Solutions Limited has 356 employees and maintains cash reserves of £508 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover162,322,000174,228,000229,875,000268,904,000433,269,000465,721,000477,899,000373,426,000298,002,000207,766,000137,072,66198,141,13281,771,74357,563,43436,741,797
Other Income Or Grants
Cost Of Sales129,532,000134,062,000186,643,000221,302,000363,651,000390,363,000407,429,000320,245,000252,137,000172,117,000110,564,09977,359,58965,899,44642,683,14525,205,627
Gross Profit32,790,00040,166,00043,232,00047,602,00069,618,00075,358,00070,470,00053,181,00045,865,00035,649,00026,508,56220,781,54315,872,29714,880,28911,536,170
Admin Expenses32,503,00040,741,00041,096,00044,810,00059,833,00065,295,00058,159,00049,719,00042,311,00034,343,00025,788,78320,294,85513,910,43413,844,78210,582,952
Operating Profit287,000-575,0002,136,0002,792,0009,785,00010,063,00012,311,0003,462,0003,554,0001,306,000719,779486,6881,961,8631,035,507953,218
Interest Payable1,00010,0004,00017,0001,000133,725427,961164,32537,5507,224
Interest Receivable716,000737,000407,000350,000283,000178,000205,000201,000131,000113,000625
Pre-Tax Profit1,002,000162,0002,543,0003,142,00010,058,00010,756,00012,295,0003,985,0003,825,0001,442,000594,30056,2341,807,013997,957946,619
Tax-601,000-144,000-647,000-1,660,000-2,588,000-2,258,000-2,577,000-750,000-518,000-295,000-140-9,9736,947393,549-203,241
Profit After Tax401,00018,0001,896,0001,482,0007,470,0008,498,0009,718,0003,235,0003,307,0001,147,000594,16046,2611,813,9601,391,506743,378
Dividends Paid15,000,00015,000,00012,500,0003,000,000
Retained Profit401,00018,000-13,104,0001,482,000-7,530,000-4,002,0009,718,0003,235,0003,307,0001,147,000594,16046,261-1,186,0401,391,506743,378
Employee Costs21,496,00030,354,00029,476,00030,761,00044,017,00046,933,00038,799,00033,370,00028,572,00023,083,00016,809,80113,385,05310,610,37910,349,6037,824,710
Number Of Employees356423456491795865778641564437342270210205158
EBITDA*379,000-471,0002,433,0003,155,00010,661,00010,356,00013,203,0003,890,0003,637,0001,342,000752,095511,6112,064,3791,190,6091,100,072

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets209,000253,00047,000182,000357,0002,160,0002,883,0002,663,0001,484,000217,000181,37791,64530,615127,697234,325
Intangible Assets48,00096,000122,000150,0001,288,0001,659,000
Investments & Other
Debtors (Due After 1 year)1,038,906
Total Fixed Assets257,000349,000169,000332,0001,645,0002,160,0002,883,0002,663,0001,484,000217,0001,220,28391,64530,615127,697234,325
Stock & work in progress
Trade Debtors28,939,00040,548,00036,838,00037,480,00049,886,00088,483,00085,032,000108,217,00077,720,00064,812,00065,161,60247,037,00736,727,21135,664,83719,484,215
Group Debtors74,544,00064,539,00067,223,00076,222,00066,510,00051,605,00034,642,00025,636,00023,939,00018,825,0007,995,43215,759,0128,200,4893,137,640
Misc Debtors15,301,00018,874,00019,237,00032,368,00027,330,00015,503,00014,109,00012,183,00015,528,00015,042,0009,012,7811,358,0422,097,9631,934,7322,359,270
Cash508,000583,000236,00012,683,000320,000593,000369,0001,005,000423,000336,00075,67260,21199,61095,4181,094
misc current assets
total current assets119,292,000124,544,000123,534,000158,753,000144,046,000137,935,000134,152,000147,041,000117,610,00099,015,00082,245,48764,214,27247,125,27340,832,62721,844,579
total assets119,549,000124,893,000123,703,000159,085,000145,691,000140,095,000137,035,000149,704,000119,094,00099,232,00083,465,77064,305,91747,155,88840,960,32422,078,904
Bank overdraft7,351,00017,045,00017,946,0003,888,00028,366,00028,816,00031,541,00026,905,00011,224,67818,308,50710,464,48410,871,9371,660,868
Bank loan
Trade Creditors 8,608,0007,532,0005,590,0009,732,0005,734,0003,919,0004,500,0006,635,0004,570,0002,665,0002,184,1552,039,058758,8192,274,5661,366,156
Group/Directors Accounts38,521,00026,742,00032,358,00031,538,00030,076,00025,894,00010,362,0007,385,0005,706,0005,737,0003,152,8343,290,9623,086,3321,9122,791,845
other short term finances
hp & lease commitments
other current liabilities61,844,00070,572,00067,289,000101,982,00077,369,00077,595,00068,546,00091,805,00065,815,00055,715,00060,091,93234,673,57127,242,85221,022,46810,761,903
total current liabilities116,324,000121,891,000105,237,000143,252,000131,125,000118,098,000111,774,000134,641,000107,632,00091,022,00076,653,59958,312,09841,552,48734,170,88316,580,772
loans15,708,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities15,708,000
total liabilities116,324,000121,891,000120,945,000143,252,000131,125,000118,098,000111,774,000134,641,000107,632,00091,022,00076,653,59958,312,09841,552,48734,170,88316,580,772
net assets3,225,0003,002,0002,758,00015,833,00014,566,00021,997,00025,261,00015,063,00011,462,0008,210,0006,812,1715,993,8195,603,4016,789,4415,498,132
total shareholders funds3,225,0003,002,0002,758,00015,833,00014,566,00021,997,00025,261,00015,063,00011,462,0008,210,0006,812,1715,993,8195,603,4016,789,4415,498,132
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit287,000-575,0002,136,0002,792,0009,785,00010,063,00012,311,0003,462,0003,554,0001,306,000719,779486,6881,961,8631,035,507953,218
Depreciation44,00053,000141,000207,000263,000293,000892,000428,00083,00036,00032,31624,923102,516155,102146,854
Amortisation48,00051,000156,000156,000613,000
Tax-601,000-144,000-647,000-1,660,000-2,588,000-2,258,000-2,577,000-750,000-518,000-295,000-140-9,9736,947393,549-203,241
Stock
Debtors-5,177,000663,000-22,772,0002,344,000-21,273,00031,216,000-12,253,00028,849,00018,508,00015,470,27919,054,66017,128,3986,288,45418,893,72421,843,485
Creditors1,076,0001,942,000-4,142,0003,998,0001,815,000-581,000-2,135,0002,065,0001,905,000480,845145,0971,280,239-1,515,747908,4101,366,156
Accruals and Deferred Income-8,728,0003,283,000-34,693,00024,613,000-226,0009,049,000-23,259,00025,990,00010,100,000-4,376,93225,418,3617,430,7196,220,38410,260,56510,761,903
Deferred Taxes & Provisions
Cash flow from operations-2,697,0003,947,000-14,277,00027,762,00030,935,000-14,650,000-2,515,0002,346,000-3,384,000-18,319,3667,260,753-7,915,802487,509-6,140,591-8,818,595
Investing Activities
capital expenditure-284,000-134,000950,0001,298,000-1,229,000-1,112,000-1,607,000-1,350,000-71,623-122,048-85,953-5,434-48,474-381,179
Change in Investments
cash flow from investments-284,000-134,000950,0001,298,000-1,229,000-1,112,000-1,607,000-1,350,000-71,623-122,048-85,953-5,434-48,474-381,179
Financing Activities
Bank loans
Group/Directors Accounts11,779,000-5,616,000820,0001,462,0004,182,00015,532,0002,977,0001,679,000-31,0002,584,166-138,128204,6303,084,420-2,789,9332,791,845
Other Short Term Loans
Long term loans-15,708,00015,708,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue-178,000226,00029,000-215,00099,000738,000480,000366,000-55,000250,829224,192344,157-100,1974,754,754
interest715,000737,000407,000350,000273,000178,000201,000184,000130,000113,000-133,725-427,961-164,325-37,550-6,599
cash flow from financing12,316,000-20,361,00016,964,0001,597,0004,554,00016,448,0003,658,0002,229,00044,0002,947,995-47,661120,8262,920,095-2,927,6807,540,000
cash and cash equivalents
cash-75,000347,000-12,447,00012,363,000-273,000224,000-636,000582,00087,000260,32815,461-39,3994,19294,3241,094
overdraft-9,694,00017,045,000-17,946,00014,058,000-24,478,000-450,000-2,725,0004,636,00015,680,322-7,083,8297,844,023-407,4539,211,0691,660,868
change in cash9,619,000-16,698,000-12,447,00030,309,000-14,331,00024,702,000-186,0003,307,000-4,549,000-15,419,9947,099,290-7,883,422411,645-9,116,745-1,659,774

resource solutions limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for resource solutions limited. Get real-time insights into resource solutions limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Resource Solutions Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for resource solutions limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in WC2E area or any other competitors across 12 key performance metrics.

resource solutions limited Ownership

RESOURCE SOLUTIONS LIMITED group structure

Resource Solutions Limited has no subsidiary companies.

Ultimate parent company

2 parents

RESOURCE SOLUTIONS LIMITED

02041065

RESOURCE SOLUTIONS LIMITED Shareholders

robert walters holdings ltd 100%

resource solutions limited directors

Resource Solutions Limited currently has 2 directors. The longest serving directors include Mr Adam McDonnell (Aug 2018) and Mr David Bower (Sep 2023).

officercountryagestartendrole
Mr Adam McDonnell47 years Aug 2018- Director
Mr David Bower53 years Sep 2023- Director

P&L

December 2023

turnover

162.3m

-7%

operating profit

287k

-150%

gross margin

20.3%

-12.38%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

3.2m

+0.07%

total assets

119.5m

-0.04%

cash

508k

-0.13%

net assets

Total assets minus all liabilities

resource solutions limited company details

company number

02041065

Type

Private limited with Share Capital

industry

78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.

incorporation date

July 1986

age

39

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

robert walters associates limited (September 2000)

robert walters associates (uk) limited (June 1996)

accountant

-

auditor

BDO LLP

address

11 slingsby place, st martin's courtyard, london, WC2E 9AB

Bank

BARCLAYS BANK PLC

Legal Advisor

SQUIRE PATTON BOGGS (UK) LLP

resource solutions 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 5 charges/mortgages relating to resource solutions limited. Currently there are 3 open charges and 2 have been satisfied in the past.

resource solutions 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.

Click to start generating capital raising & share issue transactions for RESOURCE SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.

resource solutions limited Companies House Filings - See Documents

datedescriptionview/download