recruitment solutions (west midlands) limited

Live MatureSmallRapid

recruitment solutions (west midlands) limited Company Information

Share RECRUITMENT SOLUTIONS (WEST MIDLANDS) LIMITED

Company Number

04196436

Shareholders

anthony kenneth hickman

Group Structure

View All

Industry

Temporary employment agency activities

 

Registered Address

beauchamp house, 402-403 stourport road, kidderminster, DY11 7BG

recruitment solutions (west midlands) limited Estimated Valuation

£194.3k

Pomanda estimates the enterprise value of RECRUITMENT SOLUTIONS (WEST MIDLANDS) LIMITED at £194.3k based on a Turnover of £1.3m and 0.15x industry multiple (adjusted for size and gross margin).

recruitment solutions (west midlands) limited Estimated Valuation

£12.1k

Pomanda estimates the enterprise value of RECRUITMENT SOLUTIONS (WEST MIDLANDS) LIMITED at £12.1k based on an EBITDA of £5.4k and a 2.24x industry multiple (adjusted for size and gross margin).

recruitment solutions (west midlands) limited Estimated Valuation

£128.2k

Pomanda estimates the enterprise value of RECRUITMENT SOLUTIONS (WEST MIDLANDS) LIMITED at £128.2k based on Net Assets of £83.8k and 1.53x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Recruitment Solutions (west Midlands) Limited Overview

Recruitment Solutions (west Midlands) Limited is a live company located in kidderminster, DY11 7BG with a Companies House number of 04196436. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in April 2001, it's largest shareholder is anthony kenneth hickman with a 100% stake. Recruitment Solutions (west Midlands) Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with rapid growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Recruitment Solutions (west Midlands) Limited Health Check

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

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £1.3m, make it smaller than the average company (£13.5m)

£1.3m - Recruitment Solutions (west Midlands) Limited

£13.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (4%)

32% - Recruitment Solutions (west Midlands) Limited

4% - Industry AVG

production

Production

with a gross margin of 11.4%, this company has a higher cost of product (18.3%)

11.4% - Recruitment Solutions (west Midlands) Limited

18.3% - Industry AVG

profitability

Profitability

an operating margin of 0.4% make it less profitable than the average company (2.8%)

0.4% - Recruitment Solutions (west Midlands) Limited

2.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (50)

1 - Recruitment Solutions (west Midlands) Limited

50 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.5k, the company has an equivalent pay structure (£49.5k)

£49.5k - Recruitment Solutions (west Midlands) Limited

£49.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.3m, this is more efficient (£233.2k)

£1.3m - Recruitment Solutions (west Midlands) Limited

£233.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 69 days, this is later than average (47 days)

69 days - Recruitment Solutions (west Midlands) Limited

47 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 52 days, this is slower than average (4 days)

52 days - Recruitment Solutions (west Midlands) Limited

4 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Recruitment Solutions (west Midlands) Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Recruitment Solutions (west Midlands) Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 67.5%, this is a similar level of debt than the average (73.1%)

67.5% - Recruitment Solutions (west Midlands) Limited

73.1% - Industry AVG

RECRUITMENT SOLUTIONS (WEST MIDLANDS) LIMITED financials

EXPORTms excel logo

Recruitment Solutions (West Midlands) Limited's latest turnover from May 2023 is estimated at £1.3 million and the company has net assets of £83.8 thousand. According to their latest financial statements, Recruitment Solutions (West Midlands) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Turnover1,297,359954,860563,794559,064573,285690,029603,5581,349,048544,704608,363684,464981,6622,124,4391,076,566
Other Income Or Grants00000000000000
Cost Of Sales1,149,674859,059511,578501,556511,558612,362536,1291,198,848482,902537,835602,618861,6071,858,118938,733
Gross Profit147,68695,80152,21657,50861,72777,66667,429150,20061,80270,52981,846120,055266,321137,833
Admin Expenses142,29151,02431,07475,09162,702115,78625,61690,44666,28166,293102,074157,924293,08010,949
Operating Profit5,39544,77721,142-17,583-975-38,12041,81359,754-4,4794,236-20,228-37,869-26,759126,884
Interest Payable00000002,4753,0435680000
Interest Receivable0000002072107152175288467278
Pre-Tax Profit5,39544,77721,142-17,583-975-38,12041,83357,351-7,4153,820-20,053-37,581-26,292127,161
Tax-1,349-8,508-4,017000-7,948-11,4700-802000-35,605
Profit After Tax4,04636,26917,125-17,583-975-38,12033,88545,881-7,4153,018-20,053-37,581-26,29291,556
Dividends Paid00000000000000
Retained Profit4,04636,26917,125-17,583-975-38,12033,88545,881-7,4153,018-20,053-37,581-26,29291,556
Employee Costs49,52646,03542,02741,66439,670156,374195,793116,15337,99875,76774,49574,577175,036106,177
Number Of Employees11111453122253
EBITDA*5,39544,77721,142-17,583-975-38,12041,81360,335-4,0214,722-19,627-37,091-20,967133,318

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Tangible Assets11,77517,4208,00001321762706857661,1671,6531,8242,6028,393
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets11,77517,4208,00001321762706857661,1671,6531,8242,6028,393
Stock & work in progress00000000000000
Trade Debtors245,607182,401103,30891,712104,983120,332127,078180,397102,40374,30178,313121,167273,122115,518
Group Debtors00000000000000
Misc Debtors00000000000000
Cash000000016,11412,56130,20130,68839,50775,758111,004
misc current assets00000000000000
total current assets245,607182,401103,30891,712104,983120,332127,078196,511114,964104,502109,001160,674348,880226,522
total assets257,382199,821111,30891,712105,115120,508127,348197,196115,730105,669110,654162,498351,482234,915
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 164,080100,10667,86265,39161,21175,62944,349147,84536,10277,446102,924134,715286,118142,427
Group/Directors Accounts00000000000000
other short term finances0000000076,14217,4750000
hp & lease commitments00000000000000
other current liabilities00000000000000
total current liabilities164,080100,10667,86265,39161,21175,62944,349147,845112,24494,921102,924134,715286,118142,427
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities9,54120,000000000000000
provisions00000001371530000832
total long term liabilities9,54120,000000001371530000832
total liabilities173,621120,10667,86265,39161,21175,62944,349147,982112,39794,921102,924134,715286,118143,259
net assets83,76179,71543,44626,32143,90444,87982,99949,2143,33310,7487,73027,78365,36491,656
total shareholders funds83,76179,71543,44626,32143,90444,87982,99949,2143,33310,7487,73027,78365,36491,656
May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit5,39544,77721,142-17,583-975-38,12041,81359,754-4,4794,236-20,228-37,869-26,759126,884
Depreciation00000005814584866017785,7926,434
Amortisation00000000000000
Tax-1,349-8,508-4,017000-7,948-11,4700-802000-35,605
Stock00000000000000
Debtors63,20679,09311,596-13,271-15,349-6,746-53,31977,99428,102-4,012-42,854-151,955157,604115,518
Creditors63,97432,2442,4714,180-14,41831,280-103,496111,743-41,344-25,478-31,791-151,403143,691142,427
Accruals and Deferred Income00000000000000
Deferred Taxes & Provisions000000-137-16153000-832832
Cash flow from operations4,814-10,5808,000-132-44-94-16,44982,598-73,314-17,546-8,564-36,539-35,712125,454
Investing Activities
capital expenditure5,645-9,420-8,0001324494415-500-570-4300-1-14,827
Change in Investments00000000000000
cash flow from investments5,645-9,420-8,0001324494415-500-570-4300-1-14,827
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 0000000-76,14258,66717,4750000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities-10,45920,000000000000000
share issue000000-100000000100
interest00000020-2,403-2,936-416175288467278
cash flow from financing-10,45920,0000000-80-78,54555,73117,059175288467378
cash and cash equivalents
cash000000-16,1143,553-17,640-487-8,819-36,251-35,246111,004
overdraft00000000000000
change in cash000000-16,1143,553-17,640-487-8,819-36,251-35,246111,004

recruitment solutions (west midlands) 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 recruitment solutions (west midlands) limited. Get real-time insights into recruitment solutions (west midlands) 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

Recruitment Solutions (west Midlands) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for recruitment solutions (west midlands) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in DY11 area or any other competitors across 12 key performance metrics.

recruitment solutions (west midlands) limited Ownership

RECRUITMENT SOLUTIONS (WEST MIDLANDS) LIMITED group structure

Recruitment Solutions (West Midlands) Limited has no subsidiary companies.

Ultimate parent company

RECRUITMENT SOLUTIONS (WEST MIDLANDS) LIMITED

04196436

RECRUITMENT SOLUTIONS (WEST MIDLANDS) LIMITED Shareholders

anthony kenneth hickman 100%

recruitment solutions (west midlands) limited directors

Recruitment Solutions (West Midlands) Limited currently has 1 director, Mr Anthony Hickman serving since Apr 2001.

officercountryagestartendrole
Mr Anthony Hickman67 years Apr 2001- Director

P&L

May 2023

turnover

1.3m

+36%

operating profit

5.4k

0%

gross margin

11.4%

+13.46%

turnover

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

Balance Sheet

May 2023

net assets

83.8k

+0.05%

total assets

257.4k

+0.29%

cash

0

0%

net assets

Total assets minus all liabilities

recruitment solutions (west midlands) limited company details

company number

04196436

Type

Private limited with Share Capital

industry

78200 - Temporary employment agency activities

incorporation date

April 2001

age

24

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

May 2023

previous names

N/A

accountant

-

auditor

-

address

beauchamp house, 402-403 stourport road, kidderminster, DY11 7BG

Bank

-

Legal Advisor

-

recruitment solutions (west midlands) 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 did not find charges/mortgages relating to recruitment solutions (west midlands) limited.

recruitment solutions (west midlands) 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 RECRUITMENT SOLUTIONS (WEST MIDLANDS) LIMITED. This can take several minutes, an email will notify you when this has completed.

recruitment solutions (west midlands) limited Companies House Filings - See Documents

datedescriptionview/download