wats recruitment ltd

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wats recruitment ltd Company Information

Share WATS RECRUITMENT LTD

Company Number

04831025

Shareholders

matthew oluban

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

wats recruitment ltd Estimated Valuation

£13.9k

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

£0

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

£0

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

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

2 Regular

positive_score

8 Weak

size

Size

annual sales of £87.1k, make it smaller than the average company (£6.8m)

£87.1k - Wats Recruitment Ltd

£6.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (4.8%)

-19% - Wats Recruitment Ltd

4.8% - Industry AVG

production

Production

with a gross margin of 25%, this company has a comparable cost of product (25%)

25% - Wats Recruitment Ltd

25% - Industry AVG

profitability

Profitability

an operating margin of -6.1% make it less profitable than the average company (4.5%)

-6.1% - Wats Recruitment Ltd

4.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (38)

1 - Wats Recruitment Ltd

38 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.9k, the company has an equivalent pay structure (£49.9k)

£49.9k - Wats Recruitment Ltd

£49.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £87.1k, this is less efficient (£166k)

£87.1k - Wats Recruitment Ltd

£166k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Wats Recruitment Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 3 days, this is quicker than average (9 days)

3 days - Wats Recruitment Ltd

9 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Wats Recruitment Ltd

- - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Turnover87,051165,676138,333165,58991,25188,50156,51237,41226,073142,623161,092294,29670,59435,943
Other Income Or Grants
Cost Of Sales65,272122,566106,236126,59370,18868,20643,40828,67219,605107,688117,234208,84046,40925,338
Gross Profit21,77943,11132,09738,99621,06420,29513,1048,7416,46934,93443,85785,45624,18410,605
Admin Expenses27,10743,28631,19544,30828,32918,20912,2489,0695,38934,79744,65884,25624,33810,212
Operating Profit-5,328-175902-5,312-7,2652,086856-3281,080137-8011,200-154393
Interest Payable28311010
Interest Receivable5151854454
Pre-Tax Profit-5,324-160904-5,339-7,2872,081847-3281,080142-7971,200-149397
Tax-172-395-161-216-30-288-111
Profit After Tax-5,324-160732-5,339-7,2871,686686-328864112-797912-149286
Dividends Paid
Retained Profit-5,324-160732-5,339-7,2871,686686-328864112-797912-149286
Employee Costs49,92547,82041,88542,10243,95741,95241,45740,51640,00039,37075,99376,68236,65335,711
Number Of Employees11111111112211
EBITDA*-5,328-175902-5,312-7,2652,086856-3281,080137-8011,200-154393

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors11,7273,4743,5003,04413,74212,998
Group Debtors
Misc Debtors15,7284,707611
Cash1802,3755842,1911,7601381,765
misc current assets
total current assets1802,37558413,9183,4743,5003,04413,74214,75815,7284,8452,376
total assets1802,37558413,9183,4743,5003,04413,74214,75815,7284,8452,376
Bank overdraft907304
Bank loan
Trade Creditors 5505004995002,5001,71613,27814,40614,5794,6081,990
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities13,6368,68210,8979,8382,50810,047984
total current liabilities14,1868,68210,8979,8383,91510,5461,7882,5001,71613,27814,40614,5794,6081,990
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities14,1868,68210,8979,8383,91510,5461,7882,5001,71613,27814,40614,5794,6081,990
net assets-14,006-8,682-8,522-9,254-3,9153,3721,6861,0001,3284643521,149237386
total shareholders funds-14,006-8,682-8,522-9,254-3,9153,3721,6861,0001,3284643521,149237386
Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Operating Activities
Operating Profit-5,328-175902-5,312-7,2652,086856-3281,080137-8011,200-154393
Depreciation
Amortisation
Tax-172-395-161-216-30-288-111
Stock
Debtors-11,7278,253-26456-10,698744-2,73011,0214,096611
Creditors550-5001-1-2,000784-11,562-1,128-1739,9712,6181,990
Accruals and Deferred Income4,954-2,2151,0597,330-7,5399,063984
Deferred Taxes & Provisions
Cash flow from operations176-2,3901,7891,518-3,0762,500-295-1,7651,756-138-1,6321,661
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 issue100
interest5151-28-23-5-104454
cash flow from financing5151-28-23-5-10445104
cash and cash equivalents
cash180-2,3751,791584-2,1912,191-1,7601,760-138-1,6271,765
overdraft-907907-304304
change in cash180-2,3751,7911,491-3,0982,495-304-1,7601,760-138-1,6271,765

wats recruitment ltd 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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Wats Recruitment Ltd Competitor Analysis

competitor_analysis_table_img

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 Shareholders

matthew oluban 100%

wats recruitment ltd directors

Wats Recruitment Ltd currently has 1 director, Mr Matthew Oluban serving since Jul 2003.

officercountryagestartendrole
Mr Matthew OlubanEngland46 years Jul 2003- Director

P&L

July 2023

turnover

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 2023

net 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

None

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

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