deacon search limited

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deacon search limited Company Information

Share DEACON SEARCH LIMITED

Company Number

04395941

Directors

Paul Deacon

Shareholders

cornhill bond consulting limited

Group Structure

View All

Industry

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

 

Registered Address

first floor 46 bow lane, london, EC4M 9DL

deacon search limited Estimated Valuation

£359.8k

Pomanda estimates the enterprise value of DEACON SEARCH LIMITED at £359.8k based on a Turnover of £2m and 0.18x industry multiple (adjusted for size and gross margin).

deacon search limited Estimated Valuation

£0

Pomanda estimates the enterprise value of DEACON SEARCH LIMITED at £0 based on an EBITDA of £-965.5k and a 2.89x industry multiple (adjusted for size and gross margin).

deacon search limited Estimated Valuation

£740.6k

Pomanda estimates the enterprise value of DEACON SEARCH LIMITED at £740.6k based on Net Assets of £475.6k and 1.56x industry multiple (adjusted for liquidity).

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Deacon Search Limited Overview

Deacon Search Limited is a live company located in london, EC4M 9DL with a Companies House number of 04395941. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in March 2002, it's largest shareholder is cornhill bond consulting limited with a 100% stake. Deacon Search Limited is a mature, small sized company, Pomanda has estimated its turnover at £2m with high growth in recent years.

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Deacon Search Limited Health Check

Pomanda's financial health check has awarded Deacon Search Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £2m, make it smaller than the average company (£7.7m)

£2m - Deacon Search Limited

£7.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (4.2%)

17% - Deacon Search Limited

4.2% - Industry AVG

production

Production

with a gross margin of 25.4%, this company has a comparable cost of product (25.4%)

25.4% - Deacon Search Limited

25.4% - Industry AVG

profitability

Profitability

an operating margin of -47.5% make it less profitable than the average company (4.6%)

-47.5% - Deacon Search Limited

4.6% - Industry AVG

employees

Employees

with 18 employees, this is below the industry average (38)

18 - Deacon Search Limited

38 - Industry AVG

paystructure

Pay Structure

on an average salary of £51.5k, the company has an equivalent pay structure (£51.5k)

£51.5k - Deacon Search Limited

£51.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £113.6k, this is less efficient (£170.4k)

£113.6k - Deacon Search Limited

£170.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 56 days, this is later than average (46 days)

56 days - Deacon Search Limited

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1 days, this is quicker than average (10 days)

1 days - Deacon Search Limited

10 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Deacon Search Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 37 weeks, this is more cash available to meet short term requirements (14 weeks)

37 weeks - Deacon Search Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 64.1%, this is a similar level of debt than the average (66.2%)

64.1% - Deacon Search Limited

66.2% - Industry AVG

DEACON SEARCH LIMITED financials

EXPORTms excel logo

Deacon Search Limited's latest turnover from June 2023 is estimated at £2 million and the company has net assets of £475.6 thousand. According to their latest financial statements, Deacon Search Limited has 18 employees and maintains cash reserves of £606.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Turnover2,043,9233,435,8442,391,8091,279,4011,332,481953,3121,537,6614,924,9387,899,7133,504,3054,777,7245,814,9492,204,4933,194,214
Other Income Or Grants
Cost Of Sales1,525,6982,516,0371,827,666970,2561,016,866727,5651,164,1583,760,5075,939,9732,627,6593,474,2884,102,9071,428,7642,230,049
Gross Profit518,226919,807564,143309,145315,615225,746373,5031,164,4311,959,740876,6461,303,4371,712,042775,729964,165
Admin Expenses1,489,343951,248-182,7813,795,395-596,087-363,674-354,391571,4131,361,746724,540973,0101,444,096172,782755,681-475,018
Operating Profit-971,117-31,441746,924-3,486,250911,702589,420727,894593,018597,994152,106330,427267,946602,947208,484475,018
Interest Payable
Interest Receivable44,40014,9491,2471,2655,8254,8881,7351,1912,9023,2102,9432,1081,8421,685747
Pre-Tax Profit-926,717-16,492748,172-3,484,985917,527594,309729,630594,209600,896155,316333,370270,054604,789210,168475,765
Tax-142,153-174,330-112,919-138,630-118,842-120,179-32,616-76,675-64,813-157,245-58,847-133,214
Profit After Tax-926,717-16,492606,019-3,484,985743,197481,390591,000475,367480,717122,700256,695205,241447,544151,321342,551
Dividends Paid
Retained Profit-926,717-16,492606,019-3,484,985743,197481,390591,000475,367480,717122,700256,695205,241447,544151,321342,551
Employee Costs926,921681,935552,973558,445760,632676,899665,0261,125,7631,676,432828,0181,188,1971,538,470624,2681,082,428
Number Of Employees1814131317161628422132401730
EBITDA*-965,495-26,439751,373-3,482,040914,941593,965737,066605,834609,549161,316340,879281,645620,630216,942481,565

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Tangible Assets8,6786,6917,15910,7656,5759,81414,35923,53134,19538,13032,85243,30455,32110,7279,453
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets8,6786,6917,15910,7656,5759,81414,35923,53134,19538,13032,85243,30455,32110,7279,453
Stock & work in progress
Trade Debtors318,209761,602413,779182,261130,59244,040194,558915,519775,450219,388234,754454,22540,935322,46431,829
Group Debtors358,493340,535355,676290,395
Misc Debtors32,79980,89523,461187,2481,137,005789,724527,536528,028394,209404,612422,080
Cash606,7331,169,2841,222,5021,272,0191,258,289295,0511,008,482379,677572,757588,160695,837481,283361,990374,936298,867
misc current assets2,790,0361,968,8731,527,2741,249,643730,611605,076318,978922,64160,44257,798
total current assets1,316,2342,352,3162,015,4181,931,9234,947,5843,918,8513,699,4493,350,4982,597,8501,932,3681,940,2791,676,5661,325,566757,842388,494
total assets1,324,9122,359,0072,022,5771,942,6884,954,1593,928,6653,713,8083,374,0292,632,0451,970,4981,973,1311,719,8701,380,887768,569397,947
Bank overdraft
Bank loan
Trade Creditors 7,49771819,44583423,17017,20521,47319,882625,176444,346569,679573,113430,269274,59755,296
Group/Directors Accounts147,33493,60363,265192,7389,102
other short term finances
hp & lease commitments
other current liabilities692,264861,050521,010936,278633,166356,834619,099871,911
total current liabilities847,095955,371603,7201,129,850656,336374,039640,572891,793625,176444,346569,679573,113439,371274,59755,296
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions2,1691,271
total long term liabilities2,1691,271
total liabilities849,264956,642603,7201,129,850656,336374,039640,572891,793625,176444,346569,679573,113439,371274,59755,296
net assets475,6481,402,3651,418,857812,8384,297,8233,554,6263,073,2362,482,2362,006,8691,526,1521,403,4521,146,757941,516493,972342,651
total shareholders funds475,6481,402,3651,418,857812,8384,297,8233,554,6263,073,2362,482,2362,006,8691,526,1521,403,4521,146,757941,516493,972342,651
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Operating Activities
Operating Profit-971,117-31,441746,924-3,486,250911,702589,420727,894593,018597,994152,106330,427267,946602,947208,484475,018
Depreciation5,6225,0024,4494,2103,2394,5459,17212,81611,5559,21010,45213,69917,6838,4586,547
Amortisation
Tax-142,153-174,330-112,919-138,630-118,842-120,179-32,616-76,675-64,813-157,245-58,847-133,214
Stock
Debtors-473,531390,116133,012-607,693433,833111,670-721,453668,097161,853-25,769-236,939835,370-281,529290,63531,829
Creditors6,779-18,72718,611-22,3365,965-4,2681,591-605,294180,830-125,333-3,434142,844155,672219,30155,296
Accruals and Deferred Income-168,786340,040-415,268303,112276,332-262,265-252,812871,911
Deferred Taxes & Provisions8981,271
Cash flow from operations-653,073-93,97179,551-2,593,571589,075102,8431,068,66885,512508,34729,136497,709-475,694900,58686,761371,818
Investing Activities
capital expenditure-7,609-4,534-843-8,400-2,152-7,620-14,488-1,682-62,277-9,732-16,000
Change in Investments
cash flow from investments-7,609-4,534-843-8,400-2,152-7,620-14,488-1,682-62,277-9,732-16,000
Financing Activities
Bank loans
Group/Directors Accounts53,73130,338-129,473192,738-9,1029,102
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest44,40014,9491,2471,2655,8254,8881,7351,1912,9023,2102,9432,1081,8421,685747
cash flow from financing98,13145,287-128,226194,0035,8254,8881,7351,1912,9023,2102,943-6,99410,9441,685847
cash and cash equivalents
cash-562,551-53,218-49,51713,730963,238-713,431628,805-193,080-15,403-107,677214,554119,293-12,94676,069298,867
overdraft
change in cash-562,551-53,218-49,51713,730963,238-713,431628,805-193,080-15,403-107,677214,554119,293-12,94676,069298,867

deacon search limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Deacon Search Limited Competitor Analysis

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Perform a competitor analysis for deacon search limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in EC4M area or any other competitors across 12 key performance metrics.

deacon search limited Ownership

DEACON SEARCH LIMITED group structure

Deacon Search Limited has no subsidiary companies.

Ultimate parent company

DEACON SEARCH LIMITED

04395941

DEACON SEARCH LIMITED Shareholders

cornhill bond consulting limited 100%

deacon search limited directors

Deacon Search Limited currently has 1 director, Mr Paul Deacon serving since Mar 2002.

officercountryagestartendrole
Mr Paul DeaconEngland54 years Mar 2002- Director

P&L

June 2023

turnover

2m

-41%

operating profit

-971.1k

0%

gross margin

25.4%

-5.29%

turnover

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

Balance Sheet

June 2023

net assets

475.6k

-0.66%

total assets

1.3m

-0.44%

cash

606.7k

-0.48%

net assets

Total assets minus all liabilities

deacon search limited company details

company number

04395941

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

March 2002

age

23

incorporated

UK

ultimate parent company

None

accounts

Small Company

last accounts submitted

June 2023

previous names

N/A

accountant

COHEN ARNOLD

auditor

-

address

first floor 46 bow lane, london, EC4M 9DL

Bank

-

Legal Advisor

-

deacon search 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 deacon search limited.

deacon search 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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deacon search limited Companies House Filings - See Documents

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