code it recruitment limited Company Information
Company Number
04029408
Next Accounts
Dec 2025
Shareholders
peter fairweather
amanda callagher
View AllGroup Structure
View All
Industry
Temporary employment agency activities
Registered Address
80 coleman street, london, EC2R 5BJ
Website
www.codeitgroup.comcode it recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of CODE IT RECRUITMENT LIMITED at £670.6k based on a Turnover of £3.8m and 0.18x industry multiple (adjusted for size and gross margin).
code it recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of CODE IT RECRUITMENT LIMITED at £0 based on an EBITDA of £-40.5k and a 3.16x industry multiple (adjusted for size and gross margin).
code it recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of CODE IT RECRUITMENT LIMITED at £280.9k based on Net Assets of £216.7k and 1.3x industry multiple (adjusted for liquidity).
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Code It Recruitment Limited Overview
Code It Recruitment Limited is a live company located in london, EC2R 5BJ with a Companies House number of 04029408. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in July 2000, it's largest shareholder is peter fairweather with a 40% stake. Code It Recruitment Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.8m with low growth in recent years.
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Code It Recruitment Limited Health Check
Pomanda's financial health check has awarded Code It Recruitment Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs


4 Strong

3 Regular

4 Weak

Size
annual sales of £3.8m, make it smaller than the average company (£13.3m)
- Code It Recruitment Limited
£13.3m - Industry AVG

Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (8%)
- Code It Recruitment Limited
8% - Industry AVG

Production
with a gross margin of 18.1%, this company has a comparable cost of product (18.1%)
- Code It Recruitment Limited
18.1% - Industry AVG

Profitability
an operating margin of -1.1% make it less profitable than the average company (2.5%)
- Code It Recruitment Limited
2.5% - Industry AVG

Employees
with 4 employees, this is below the industry average (49)
4 - Code It Recruitment Limited
49 - Industry AVG

Pay Structure
on an average salary of £49.4k, the company has an equivalent pay structure (£49.4k)
- Code It Recruitment Limited
£49.4k - Industry AVG

Efficiency
resulting in sales per employee of £941.2k, this is more efficient (£233.5k)
- Code It Recruitment Limited
£233.5k - Industry AVG

Debtor Days
it gets paid by customers after 31 days, this is earlier than average (43 days)
- Code It Recruitment Limited
43 days - Industry AVG

Creditor Days
its suppliers are paid after 16 days, this is slower than average (3 days)
- Code It Recruitment Limited
3 days - Industry AVG

Stock Days
There is insufficient data available for this Key Performance Indicator!
- Code It Recruitment Limited
- - Industry AVG

Cash Balance
has cash to cover current liabilities for 12 weeks, this is more cash available to meet short term requirements (7 weeks)
12 weeks - Code It Recruitment Limited
7 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 67.3%, this is a similar level of debt than the average (70.2%)
67.3% - Code It Recruitment Limited
70.2% - Industry AVG
CODE IT RECRUITMENT LIMITED financials

Code It Recruitment Limited's latest turnover from March 2024 is estimated at £3.8 million and the company has net assets of £216.7 thousand. According to their latest financial statements, Code It Recruitment Limited has 4 employees and maintains cash reserves of £104.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 4,185,758 | 3,018,341 | |||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 3,481,382 | 2,471,489 | |||||||||||||
Gross Profit | 704,376 | 546,852 | |||||||||||||
Admin Expenses | 453,185 | 318,826 | |||||||||||||
Operating Profit | 251,191 | 228,026 | |||||||||||||
Interest Payable | 925 | 883 | |||||||||||||
Interest Receivable | 731 | 1,873 | |||||||||||||
Pre-Tax Profit | 250,997 | 229,016 | |||||||||||||
Tax | -50,494 | -46,260 | |||||||||||||
Profit After Tax | 200,503 | 182,756 | |||||||||||||
Dividends Paid | 223,152 | 162,180 | |||||||||||||
Retained Profit | -22,649 | 20,576 | |||||||||||||
Employee Costs | 258,067 | 154,316 | |||||||||||||
Number Of Employees | 4 | 4 | 4 | 5 | 5 | 7 | 5 | 7 | 8 | 8 | |||||
EBITDA* | 252,662 | 229,379 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 162 | 216 | 288 | 384 | 512 | 682 | 911 | 1,214 | 1,619 | 2,530 | 3,373 | 4,414 | 4,060 | 2,251 | 3,001 |
Intangible Assets | |||||||||||||||
Investments & Other | |||||||||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 162 | 216 | 288 | 384 | 512 | 682 | 911 | 1,214 | 1,619 | 2,530 | 3,373 | 4,414 | 4,060 | 2,251 | 3,001 |
Stock & work in progress | 29,269 | ||||||||||||||
Trade Debtors | 325,351 | 654,034 | 620,501 | 353,213 | 833,836 | 1,008,778 | 789,071 | 457,807 | 797,907 | 590,980 | 808,089 | 684,995 | 347,206 | 399,530 | 226,954 |
Group Debtors | |||||||||||||||
Misc Debtors | 232,626 | 236,626 | 233,326 | 218,492 | 216,111 | 199,960 | 127,979 | 9,050 | 3,178 | 9,328 | 6,913 | 42,679 | 23,170 | ||
Cash | 104,392 | 680,185 | 107,906 | 65,024 | 18,342 | 119,633 | 110,971 | 87,228 | 77,128 | 189,004 | 1,806 | 19,726 | 51,458 | 81,892 | 17,787 |
misc current assets | |||||||||||||||
total current assets | 662,369 | 1,570,845 | 961,733 | 636,729 | 1,068,289 | 1,328,371 | 1,028,021 | 583,354 | 878,213 | 789,312 | 809,895 | 711,634 | 441,343 | 481,422 | 267,911 |
total assets | 662,531 | 1,571,061 | 962,021 | 637,113 | 1,068,801 | 1,329,053 | 1,028,932 | 584,568 | 879,832 | 791,842 | 813,268 | 716,048 | 445,403 | 483,673 | 270,912 |
Bank overdraft | 300,756 | 459,879 | 359,664 | 5,000 | 5,000 | ||||||||||
Bank loan | 31,203 | 260,978 | 60,190 | 132,626 | 381,416 | 359,782 | 346,560 | ||||||||
Trade Creditors | 137,010 | 487,189 | 335,632 | 119,926 | 303,677 | 355,957 | 125,821 | 113,233 | 313,684 | 252,995 | 782,580 | 319,441 | 571 | 436,766 | 265,016 |
Group/Directors Accounts | |||||||||||||||
other short term finances | |||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 261,826 | 541,783 | 479,152 | 299,389 | 336,048 | 554,690 | 506,532 | 104,267 | 80,171 | 107,718 | 356,773 | 377,349 | |||
total current liabilities | 430,039 | 1,289,950 | 874,974 | 551,941 | 1,021,141 | 1,270,429 | 978,913 | 518,256 | 853,734 | 720,377 | 782,580 | 681,214 | 382,920 | 436,766 | 265,016 |
loans | 15,780 | 25,647 | 35,272 | 45,000 | 1,250 | 6,250 | 11,250 | 16,250 | |||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | |||||||||||||||
provisions | |||||||||||||||
total long term liabilities | 15,780 | 25,647 | 35,272 | 45,000 | 1,250 | 6,250 | 11,250 | 16,250 | |||||||
total liabilities | 445,819 | 1,315,597 | 910,246 | 596,941 | 1,021,141 | 1,270,429 | 978,913 | 518,256 | 853,734 | 720,377 | 782,580 | 682,464 | 389,170 | 448,016 | 281,266 |
net assets | 216,712 | 255,464 | 51,775 | 40,172 | 47,660 | 58,624 | 50,019 | 66,312 | 26,098 | 71,465 | 30,688 | 33,584 | 56,233 | 35,657 | -10,354 |
total shareholders funds | 216,712 | 255,464 | 51,775 | 40,172 | 47,660 | 58,624 | 50,019 | 66,312 | 26,098 | 71,465 | 30,688 | 33,584 | 56,233 | 35,657 | -10,354 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 251,191 | 228,026 | |||||||||||||
Depreciation | 54 | 72 | 96 | 128 | 170 | 228 | 303 | 404 | 539 | 843 | 1,511 | 1,471 | 1,353 | 750 | 1,000 |
Amortisation | |||||||||||||||
Tax | -50,494 | -46,260 | |||||||||||||
Stock | -29,269 | 29,269 | |||||||||||||
Debtors | -332,683 | 36,833 | 282,122 | -478,242 | -158,791 | 291,688 | 450,193 | -334,228 | 200,777 | -207,781 | 116,181 | 302,023 | -9,645 | 149,406 | 250,124 |
Creditors | -350,179 | 151,557 | 215,706 | -183,751 | -52,280 | 230,136 | 12,588 | -200,451 | 60,689 | -529,585 | 463,139 | 318,870 | -436,195 | 171,750 | 265,016 |
Accruals and Deferred Income | -279,957 | 62,631 | 179,763 | -36,659 | -218,642 | 48,158 | 402,265 | 24,096 | -27,547 | 107,718 | -356,773 | -20,576 | 377,349 | ||
Deferred Taxes & Provisions | |||||||||||||||
Cash flow from operations | 198,439 | 133,918 | |||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | |||||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | -229,775 | 200,788 | -72,436 | -248,790 | 21,634 | 13,222 | 346,560 | ||||||||
Group/Directors Accounts | |||||||||||||||
Other Short Term Loans | |||||||||||||||
Long term loans | -9,867 | -9,625 | -9,728 | 45,000 | -1,250 | -5,000 | -5,000 | -5,000 | 16,250 | ||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | |||||||||||||||
share issue | |||||||||||||||
interest | -194 | 990 | |||||||||||||
cash flow from financing | -5,194 | -4,010 | |||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -575,793 | 572,279 | 42,882 | 46,682 | -101,291 | 8,662 | 23,743 | 10,100 | -111,876 | 187,198 | -17,920 | -31,732 | -30,434 | 64,105 | 17,787 |
overdraft | -300,756 | -159,123 | 100,215 | 359,664 | -5,000 | 5,000 | |||||||||
change in cash | -575,793 | 572,279 | 42,882 | 46,682 | -101,291 | 8,662 | 324,499 | 169,223 | -212,091 | -172,466 | -12,920 | -31,732 | -35,434 | 64,105 | 17,787 |
code it recruitment limited Credit Report and Business Information
Code It Recruitment Limited Competitor Analysis

Perform a competitor analysis for code it recruitment limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in EC2R area or any other competitors across 12 key performance metrics.
code it recruitment limited Ownership
CODE IT RECRUITMENT LIMITED group structure
Code It Recruitment Limited has 1 subsidiary company.
Ultimate parent company
CODE IT RECRUITMENT LIMITED
04029408
1 subsidiary
code it recruitment limited directors
Code It Recruitment Limited currently has 2 directors. The longest serving directors include Ms Amanda Callagher (Jul 2000) and Mr Peter Fairweather (Jul 2000).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Amanda Callagher | England | 58 years | Jul 2000 | - | Director |
Mr Peter Fairweather | United Kingdom | 61 years | Jul 2000 | - | Director |
P&L
March 2024turnover
3.8m
-61%
operating profit
-40.6k
0%
gross margin
18.1%
+2.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
216.7k
-0.15%
total assets
662.5k
-0.58%
cash
104.4k
-0.85%
net assets
Total assets minus all liabilities
code it recruitment limited company details
company number
04029408
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
July 2000
age
25
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
intermania limited (August 2000)
accountant
-
auditor
-
address
80 coleman street, london, EC2R 5BJ
Bank
HSBC BANK PLC
Legal Advisor
-
code it 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 code it recruitment limited. Currently there are 1 open charges and 2 have been satisfied in the past.
code it 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.
Click to start generating capital raising & share issue transactions for CODE IT RECRUITMENT LIMITED. This can take several minutes, an email will notify you when this has completed.
code it recruitment limited Companies House Filings - See Documents
date | description | view/download |
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