wats recruitment ltd Company Information
Group Structure
View All
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Registered Address
16 highcrest close, birmingham, B31 3RL
Website
www.watsrecruitment.co.ukwats recruitment ltd Estimated Valuation
Pomanda estimates the enterprise value of WATS RECRUITMENT LTD at £13.9k based on a Turnover of £87.1k and 0.16x industry multiple (adjusted for size and gross margin).
wats recruitment ltd Estimated Valuation
Pomanda estimates the enterprise value of WATS RECRUITMENT LTD at £0 based on an EBITDA of £-5.3k and a 2.83x industry multiple (adjusted for size and gross margin).
wats recruitment ltd Estimated Valuation
Pomanda estimates the enterprise value of WATS RECRUITMENT LTD at £0 based on Net Assets of £-14k and 1.28x industry multiple (adjusted for liquidity).
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Wats Recruitment Ltd Overview
Wats Recruitment Ltd is a live company located in birmingham, B31 3RL with a Companies House number of 04831025. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in July 2003, it's largest shareholder is matthew oluban with a 100% stake. Wats Recruitment Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £87.1k with declining growth in recent years.
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Wats Recruitment Ltd Health Check
Pomanda's financial health check has awarded Wats Recruitment Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs


0 Strong

2 Regular

8 Weak

Size
annual sales of £87.1k, make it smaller than the average company (£6.8m)
- Wats Recruitment Ltd
£6.8m - Industry AVG

Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (4.8%)
- Wats Recruitment Ltd
4.8% - Industry AVG

Production
with a gross margin of 25%, this company has a comparable cost of product (25%)
- Wats Recruitment Ltd
25% - Industry AVG

Profitability
an operating margin of -6.1% make it less profitable than the average company (4.5%)
- Wats Recruitment Ltd
4.5% - Industry AVG

Employees
with 1 employees, this is below the industry average (38)
1 - Wats Recruitment Ltd
38 - Industry AVG

Pay Structure
on an average salary of £49.9k, the company has an equivalent pay structure (£49.9k)
- Wats Recruitment Ltd
£49.9k - Industry AVG

Efficiency
resulting in sales per employee of £87.1k, this is less efficient (£166k)
- Wats Recruitment Ltd
£166k - Industry AVG

Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Wats Recruitment Ltd
- - Industry AVG

Creditor Days
its suppliers are paid after 3 days, this is quicker than average (9 days)
- Wats Recruitment Ltd
9 days - Industry AVG

Stock Days
There is insufficient data available for this Key Performance Indicator!
- Wats Recruitment Ltd
- - Industry AVG

Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Wats Recruitment Ltd
15 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 7881.1%, this is a higher level of debt than the average (66.6%)
7881.1% - Wats Recruitment Ltd
66.6% - Industry AVG
WATS RECRUITMENT LTD financials

Wats Recruitment Ltd's latest turnover from July 2023 is estimated at £87.1 thousand and the company has net assets of -£14 thousand. According to their latest financial statements, Wats Recruitment Ltd has 1 employee and maintains cash reserves of £180 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 1 | 1 | ||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | |||||||||||||||
Intangible Assets | |||||||||||||||
Investments & Other | |||||||||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | |||||||||||||||
Stock & work in progress | |||||||||||||||
Trade Debtors | 11,727 | 3,474 | 3,500 | 3,044 | 13,742 | 12,998 | |||||||||
Group Debtors | |||||||||||||||
Misc Debtors | 15,728 | 4,707 | 611 | ||||||||||||
Cash | 180 | 2,375 | 584 | 2,191 | 1,760 | 138 | 1,765 | ||||||||
misc current assets | |||||||||||||||
total current assets | 180 | 2,375 | 584 | 13,918 | 3,474 | 3,500 | 3,044 | 13,742 | 14,758 | 15,728 | 4,845 | 2,376 | |||
total assets | 180 | 2,375 | 584 | 13,918 | 3,474 | 3,500 | 3,044 | 13,742 | 14,758 | 15,728 | 4,845 | 2,376 | |||
Bank overdraft | 907 | 304 | |||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 550 | 500 | 499 | 500 | 2,500 | 1,716 | 13,278 | 14,406 | 14,579 | 4,608 | 1,990 | ||||
Group/Directors Accounts | |||||||||||||||
other short term finances | |||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 13,636 | 8,682 | 10,897 | 9,838 | 2,508 | 10,047 | 984 | ||||||||
total current liabilities | 14,186 | 8,682 | 10,897 | 9,838 | 3,915 | 10,546 | 1,788 | 2,500 | 1,716 | 13,278 | 14,406 | 14,579 | 4,608 | 1,990 | |
loans | |||||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | |||||||||||||||
provisions | |||||||||||||||
total long term liabilities | |||||||||||||||
total liabilities | 14,186 | 8,682 | 10,897 | 9,838 | 3,915 | 10,546 | 1,788 | 2,500 | 1,716 | 13,278 | 14,406 | 14,579 | 4,608 | 1,990 | |
net assets | -14,006 | -8,682 | -8,522 | -9,254 | -3,915 | 3,372 | 1,686 | 1,000 | 1,328 | 464 | 352 | 1,149 | 237 | 386 | |
total shareholders funds | -14,006 | -8,682 | -8,522 | -9,254 | -3,915 | 3,372 | 1,686 | 1,000 | 1,328 | 464 | 352 | 1,149 | 237 | 386 |
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | |||||||||||||||
Amortisation | |||||||||||||||
Tax | |||||||||||||||
Stock | |||||||||||||||
Debtors | -11,727 | 8,253 | -26 | 456 | -10,698 | 744 | -2,730 | 11,021 | 4,096 | 611 | |||||
Creditors | 550 | -500 | 1 | -1 | -2,000 | 784 | -11,562 | -1,128 | -173 | 9,971 | 2,618 | 1,990 | |||
Accruals and Deferred Income | 4,954 | -2,215 | 1,059 | 7,330 | -7,539 | 9,063 | 984 | ||||||||
Deferred Taxes & Provisions | |||||||||||||||
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | |||||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | |||||||||||||||
Other Short Term Loans | |||||||||||||||
Long term loans | |||||||||||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | |||||||||||||||
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 180 | -2,375 | 1,791 | 584 | -2,191 | 2,191 | -1,760 | 1,760 | -138 | -1,627 | 1,765 | ||||
overdraft | -907 | 907 | -304 | 304 | |||||||||||
change in cash | 180 | -2,375 | 1,791 | 1,491 | -3,098 | 2,495 | -304 | -1,760 | 1,760 | -138 | -1,627 | 1,765 |
wats recruitment ltd Credit Report and Business Information
Wats Recruitment Ltd Competitor Analysis

Perform a competitor analysis for wats recruitment ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in B31 area or any other competitors across 12 key performance metrics.
wats recruitment ltd Ownership
WATS RECRUITMENT LTD group structure
Wats Recruitment Ltd has no subsidiary companies.
Ultimate parent company
WATS RECRUITMENT LTD
04831025
wats recruitment ltd directors
Wats Recruitment Ltd currently has 1 director, Mr Matthew Oluban serving since Jul 2003.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Matthew Oluban | England | 46 years | Jul 2003 | - | Director |
P&L
July 2023turnover
87.1k
-47%
operating profit
-5.3k
0%
gross margin
25.1%
-3.85%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
-14k
+0.61%
total assets
180
0%
cash
180
0%
net assets
Total assets minus all liabilities
wats recruitment ltd company details
company number
04831025
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
July 2003
age
22
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
w.a.t.s enterprises ltd (June 2009)
accountant
THOMPSON & CO
auditor
-
address
16 highcrest close, birmingham, B31 3RL
Bank
-
Legal Advisor
-
wats recruitment ltd 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 1 charges/mortgages relating to wats recruitment ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
wats recruitment ltd 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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wats recruitment ltd Companies House Filings - See Documents
date | description | view/download |
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