Forde Recruitment Limited

POWER SEARCH PRICING

SOLUTIONS

forde recruitment limited Company Information

Live

MatureLargeDeclining

Company Number

03729915

Next Accounts

Aug 2025

Industry

Temporary employment agency activities

Directors

Paul Forde

Sharon Forde

View All

Shareholders

forde recruitment group limited

claire mcilwaine

View All

Group Structure

View All

Contact

Registered Address

39 townhead street, sheffield, S1 2EB

Website

www.forde-recruitment.co.uk

forde recruitment limited Estimated Valuation

£6.6m

Pomanda estimates the enterprise value of FORDE RECRUITMENT LIMITED at £6.6m based on a Turnover of £23.1m and 0.28x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Forde Recruitment Limited is a live company located in sheffield, S1 2EB with a Companies House number of 03729915. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in March 1999, it's largest shareholder is forde recruitment group limited with a 80% stake. Forde Recruitment Limited is a mature, large sized company, Pomanda has estimated its turnover at £23.1m with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

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

Health Rating4out of 5

5 Strong

2 Regular

4 Weak

Size

annual sales of £23.1m, make it larger than the average company (£14.1m)

Growth

3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (5%)

EXPORT

Forde Recruitment Limited's latest turnover from November 2023 is estimated at £23.1 million and the company has net assets of £640.5 thousand. According to their latest financial statements, Forde Recruitment Limited has 350 employees and maintains cash reserves of £260.9 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Nov 2023	Nov 2022	Nov 2021	Nov 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Turnover	23,056,815	18,668,764	15,333,532	27,383,434	32,454,398	34,760,518	31,657,074	26,789,227	21,922,075	19,306,933	13,679,373	8,906,319	11,587,873	7,032,905
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	18,834,637	15,392,063	12,927,277	22,914,928	26,926,181	28,666,462	26,118,403	22,243,301	18,171,811	15,886,853	11,263,698	7,363,393	9,467,927	5,635,754
Gross Profit	4,222,178	3,276,701	2,406,255	4,468,506	5,528,217	6,094,056	5,538,671	4,545,926	3,750,264	3,420,080	2,415,675	1,542,926	2,119,946	1,397,151
Admin Expenses	4,151,815	3,273,477	2,421,702	4,487,783	5,467,178	5,833,273	5,359,852	4,526,354	3,738,605	3,517,871	2,369,716	1,615,810	2,141,300	953,783
Operating Profit	70,363	3,224	-15,447	-19,277	61,039	260,783	178,819	19,572	11,659	-97,791	45,959	-72,884	-21,354	443,368
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	8,724	3,545	98	22	317	484	344	419	36	0	278	752	726	251
Pre-Tax Profit	79,087	6,769	-15,349	-19,255	61,356	261,267	179,163	19,991	11,695	-97,791	46,238	-72,132	-20,628	443,619
Tax	-19,772	-1,286	0	0	-11,658	-49,641	-34,041	-3,998	-2,339	0	-10,635	0	0	-124,213
Profit After Tax	59,315	5,483	-15,349	-19,255	49,698	211,626	145,122	15,993	9,356	-97,791	35,603	-72,132	-20,628	319,406
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	59,315	5,483	-15,349	-19,255	49,698	211,626	145,122	15,993	9,356	-97,791	35,603	-72,132	-20,628	319,406
Employee Costs	17,425,918	13,926,929	10,274,705	17,918,084	22,322,537	21,532,885	19,625,739	13,017,164	3,001,862	2,425,787	1,899,778	1,230,997	1,436,892	1,026,745
Number Of Employees	350	287	243	426	563	551	502	337	79	64	51	33	41	29
EBITDA*	76,918	10,477	-5,369	11,107	85,197	286,909	190,409	29,059	27,098	-72,574	70,939	-45,265	-5,712	461,676

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Nov 2023	Nov 2022	Nov 2021	Nov 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Tangible Assets	6,548	25,584	29,701	52,225	75,844	87,782	45,802	48,723	22,390	18,741	32,477	46,670	53,642	12,715
Intangible Assets	12,482	6,542	3,300	2,499	3,998	4,997	5,997	9,296	12,597	23,245	23,899	33,548	43,197	52,845
Investments & Other	0	0	0	0	0	0	0	0	0	0	20,100	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	19,030	32,126	33,001	54,724	79,842	92,779	51,799	58,019	34,987	41,986	76,476	80,218	96,839	65,560
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	777,334	916,506	672,287	696,523	887,682	1,082,172	1,083,873	1,335,944	1,204,347	1,138,868	885,228	547,937	695,358	532,478
Group Debtors	306,536	143,584	200,134	89,394	89,394	89,394	89,394	89,394	0	0	0	0	0	0
Misc Debtors	73,389	40,943	43,155	949,483	643,193	488,745	183,217	41,888	0	0	0	0	0	0
Cash	260,925	71,407	164,948	31,208	12,777	71,686	121,975	153,302	14,452	0	0	111,289	189,685	100,541
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	1,418,184	1,172,440	1,080,524	1,766,608	1,633,046	1,731,997	1,478,459	1,620,528	1,218,799	1,138,868	885,228	659,226	885,043	633,019
total assets	1,437,214	1,204,566	1,113,525	1,821,332	1,712,888	1,824,776	1,530,258	1,678,547	1,253,786	1,180,854	961,704	739,444	981,882	698,579
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	18,126	29,449	16,320	34,243	25,404	39,102	47,349	67,174	1,062,506	999,498	680,011	490,343	668,979	364,663
Group/Directors Accounts	0	0	0	396,866	365,315	315,062	295,596	161,529	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	769,804	589,060	515,791	799,161	674,808	864,657	834,430	1,242,161	0	0	0	0	0	0
total current liabilities	787,930	618,509	532,111	1,230,270	1,065,527	1,218,821	1,177,375	1,470,864	1,062,506	999,498	680,011	490,343	668,979	364,663
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	36,612	43,396	0	0	0	0	0	0	0	0
provisions	8,773	4,861	5,701	0	432	1,939	3,889	3,811	3,401	2,833	5,379	8,390	60	445
total long term liabilities	8,773	4,861	5,701	0	37,044	45,335	3,889	3,811	3,401	2,833	5,379	8,390	60	445
total liabilities	796,703	623,370	537,812	1,230,270	1,102,571	1,264,156	1,181,264	1,474,675	1,065,907	1,002,331	685,390	498,733	669,039	365,108
net assets	640,511	581,196	575,713	591,062	610,317	560,620	348,994	203,872	187,879	178,523	276,314	240,711	312,843	333,471
total shareholders funds	640,511	581,196	575,713	591,062	610,317	560,620	348,994	203,872	187,879	178,523	276,314	240,711	312,843	333,471

	Nov 2023	Nov 2022	Nov 2021	Nov 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Operating Activities
Operating Profit	70,363	3,224	-15,447	-19,277	61,039	260,783	178,819	19,572	11,659	-97,791	45,959	-72,884	-21,354	443,368
Depreciation	2,495	4,695	8,879	28,885	23,159	25,127	8,291	6,186	4,791	14,569	15,331	17,970	5,993	8,659
Amortisation	4,060	2,558	1,199	1,499	999	999	3,299	3,301	10,648	10,648	9,649	9,649	9,649	9,649
Tax	-19,772	-1,286	0	0	-11,658	-49,641	-34,041	-3,998	-2,339	0	-10,635	0	0	-124,213
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	56,226	185,457	-819,824	115,131	-40,042	303,827	-110,742	262,879	65,479	253,640	337,291	-147,421	162,880	532,478
Creditors	-11,323	13,129	-17,923	8,839	-13,698	-8,247	-19,825	-995,332	63,008	319,487	189,668	-178,636	304,316	364,663
Accruals and Deferred Income	180,744	73,269	-283,370	124,353	-189,849	30,227	-407,731	1,242,161	0	0	0	0	0	0
Deferred Taxes & Provisions	3,912	-840	5,701	-432	-1,507	-1,950	78	410	568	-2,546	-3,011	8,330	-385	445
Cash flow from operations	174,253	-90,708	518,863	28,736	-91,473	-46,529	-160,368	9,421	22,856	-9,273	-90,330	-68,150	135,339	170,093
Investing Activities
capital expenditure	6,541	-6,378	11,645	-5,266	-11,221	-67,106	-5,370	-32,519	-8,440	-10,827	-1,138	-10,998	-46,921	-83,868
Change in Investments	0	0	0	0	0	0	0	0	0	-20,100	20,100	0	0	0
cash flow from investments	6,541	-6,378	11,645	-5,266	-11,221	-67,106	-5,370	-32,519	-8,440	9,273	-21,238	-10,998	-46,921	-83,868
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	-396,866	31,551	50,253	19,466	134,067	161,529	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	-36,612	-6,784	43,396	0	0	0	0	0	0	0	0
share issue	0	0	0	0	-1	0	0	0	0	0	0	0	0	14,065
interest	8,724	3,545	98	22	317	484	344	419	36	0	278	752	726	251
cash flow from financing	8,724	3,545	-396,768	-5,039	43,785	63,346	134,411	161,948	36	0	278	752	726	14,316
cash and cash equivalents
cash	189,518	-93,541	133,740	18,431	-58,909	-50,289	-31,327	138,850	14,452	0	-111,289	-78,396	89,144	100,541
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	189,518	-93,541	133,740	18,431	-58,909	-50,289	-31,327	138,850	14,452	0	-111,289	-78,396	89,144	100,541

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for forde recruitment limited. Get real-time insights into forde recruitment 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

Perform a competitor analysis for forde recruitment limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in S 1 area or any other competitors across 12 key performance metrics.

FORDE RECRUITMENT LIMITED group structure

Forde Recruitment Limited has no subsidiary companies.

Ultimate parent company

FORDE RECRUITMENT GROUP LIMITED

04300968

1 parent

FORDE RECRUITMENT LIMITED

03729915

FORDE RECRUITMENT LIMITED Shareholders

forde recruitment group limited	80%
claire mcilwaine	10%
amanda garner	10%

Forde Recruitment Limited currently has 4 directors. The longest serving directors include Mr Paul Forde (Apr 1999) and Mrs Sharon Forde (Apr 1999).

officer	country	age	start	end	role
Mr Paul Forde		61 years	Apr 1999	-	Director
Mrs Sharon Forde		59 years	Apr 1999	-	Director
Ms Claire McIlwaine	England	50 years	Apr 2008	-	Director
Mrs Amanda Garner	England	56 years	Apr 2008	-	Director

P&L

November 2023

turnover

23.1m

+24%

operating profit

70.4k

gross margin

18.4%

+4.33%

turnover

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

Balance Sheet

November 2023

net assets

640.5k

+0.1%

total assets

1.4m

+0.19%

cash

260.9k

+2.65%

net assets

Total assets minus all liabilities

Similar Companies

kalcrest site services limited

jlm recruitment ltd

2.5

compass resourcing limited

estio technology recruitment limited

1.5

procurement peoplecloud limited

company number

03729915

Type

Private limited with Share Capital

industry

78200 - Temporary employment agency activities

incorporation date

March 1999

ultimate parent company

FORDE RECRUITMENT GROUP LIMITED

previous names

topsync limited (June 1999)

address

39 townhead street, sheffield, S1 2EB

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 4 charges/mortgages relating to forde recruitment limited. Currently there are 1 open charges and 3 have been satisfied in the past.

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 FORDE RECRUITMENT LIMITED. This can take several minutes, an email will notify you when this has completed.

forde recruitment limited Company Information

forde recruitment limited Estimated Valuation

forde recruitment limited Estimated Valuation

forde recruitment limited Estimated Valuation

Forde Recruitment Limited Overview

Forde Recruitment Limited Health Check

FORDE RECRUITMENT LIMITED financials

forde recruitment limited Credit Report and Business Information

Forde Recruitment Limited Competitor Analysis

forde recruitment limited Ownership

forde recruitment limited directors

forde recruitment limited company details

forde recruitment limited Charges & Mortgages

forde recruitment limited Capital Raised & Share Issues BETA

forde recruitment limited Companies House Filings - See Documents