recruitment solutions (west midlands) limited Company Information
Company Number
04196436
Next Accounts
Feb 2025
Directors
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
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
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
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).
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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.
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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
3 Strong
2 Regular
5 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£13.5m)
- Recruitment Solutions (west Midlands) Limited
£13.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (4%)
- Recruitment Solutions (west Midlands) Limited
4% - Industry AVG
Production
with a gross margin of 11.4%, this company has a higher cost of product (18.3%)
- Recruitment Solutions (west Midlands) Limited
18.3% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (2.8%)
- Recruitment Solutions (west Midlands) Limited
2.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (50)
1 - Recruitment Solutions (west Midlands) Limited
50 - Industry AVG
Pay Structure
on an average salary of £49.5k, the company has an equivalent pay structure (£49.5k)
- Recruitment Solutions (west Midlands) Limited
£49.5k - Industry AVG
Efficiency
resulting in sales per employee of £1.3m, this is more efficient (£233.2k)
- Recruitment Solutions (west Midlands) Limited
£233.2k - Industry AVG
Debtor Days
it gets paid by customers after 69 days, this is later than average (47 days)
- Recruitment Solutions (west Midlands) Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 52 days, this is slower than average (4 days)
- Recruitment Solutions (west Midlands) Limited
4 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Recruitment Solutions (west Midlands) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Recruitment Solutions (west Midlands) Limited
- - Industry AVG
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
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 House, Pomanda Estimates
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 1 | 1 | 1 | 1 | 1 | 4 | 5 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 11,775 | 17,420 | 8,000 | 0 | 132 | 176 | 270 | 685 | 766 | 1,167 | 1,653 | 1,824 | 2,602 | 8,393 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 11,775 | 17,420 | 8,000 | 0 | 132 | 176 | 270 | 685 | 766 | 1,167 | 1,653 | 1,824 | 2,602 | 8,393 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 245,607 | 182,401 | 103,308 | 91,712 | 104,983 | 120,332 | 127,078 | 180,397 | 102,403 | 74,301 | 78,313 | 121,167 | 273,122 | 115,518 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16,114 | 12,561 | 30,201 | 30,688 | 39,507 | 75,758 | 111,004 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 245,607 | 182,401 | 103,308 | 91,712 | 104,983 | 120,332 | 127,078 | 196,511 | 114,964 | 104,502 | 109,001 | 160,674 | 348,880 | 226,522 |
total assets | 257,382 | 199,821 | 111,308 | 91,712 | 105,115 | 120,508 | 127,348 | 197,196 | 115,730 | 105,669 | 110,654 | 162,498 | 351,482 | 234,915 |
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 | 164,080 | 100,106 | 67,862 | 65,391 | 61,211 | 75,629 | 44,349 | 147,845 | 36,102 | 77,446 | 102,924 | 134,715 | 286,118 | 142,427 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 76,142 | 17,475 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 164,080 | 100,106 | 67,862 | 65,391 | 61,211 | 75,629 | 44,349 | 147,845 | 112,244 | 94,921 | 102,924 | 134,715 | 286,118 | 142,427 |
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 | 9,541 | 20,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 137 | 153 | 0 | 0 | 0 | 0 | 832 |
total long term liabilities | 9,541 | 20,000 | 0 | 0 | 0 | 0 | 0 | 137 | 153 | 0 | 0 | 0 | 0 | 832 |
total liabilities | 173,621 | 120,106 | 67,862 | 65,391 | 61,211 | 75,629 | 44,349 | 147,982 | 112,397 | 94,921 | 102,924 | 134,715 | 286,118 | 143,259 |
net assets | 83,761 | 79,715 | 43,446 | 26,321 | 43,904 | 44,879 | 82,999 | 49,214 | 3,333 | 10,748 | 7,730 | 27,783 | 65,364 | 91,656 |
total shareholders funds | 83,761 | 79,715 | 43,446 | 26,321 | 43,904 | 44,879 | 82,999 | 49,214 | 3,333 | 10,748 | 7,730 | 27,783 | 65,364 | 91,656 |
May 2023 | May 2022 | May 2021 | May 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 | ||||||||||||||
Depreciation | 581 | 458 | 486 | 601 | 778 | 5,792 | 6,434 | |||||||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
Tax | ||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 63,206 | 79,093 | 11,596 | -13,271 | -15,349 | -6,746 | -53,319 | 77,994 | 28,102 | -4,012 | -42,854 | -151,955 | 157,604 | 115,518 |
Creditors | 63,974 | 32,244 | 2,471 | 4,180 | -14,418 | 31,280 | -103,496 | 111,743 | -41,344 | -25,478 | -31,791 | -151,403 | 143,691 | 142,427 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -137 | -16 | 153 | 0 | 0 | 0 | -832 | 832 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -76,142 | 58,667 | 17,475 | 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 | -10,459 | 20,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | -16,114 | 3,553 | -17,640 | -487 | -8,819 | -36,251 | -35,246 | 111,004 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -16,114 | 3,553 | -17,640 | -487 | -8,819 | -36,251 | -35,246 | 111,004 |
recruitment solutions (west midlands) limited Credit Report and Business Information
Recruitment Solutions (west Midlands) Limited Competitor Analysis
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 directors
Recruitment Solutions (West Midlands) Limited currently has 1 director, Mr Anthony Hickman serving since Apr 2001.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Anthony Hickman | 67 years | Apr 2001 | - | Director |
P&L
May 2023turnover
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 2023net 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
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.
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recruitment solutions (west midlands) limited Companies House Filings - See Documents
date | description | view/download |
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