axis recruitment commercial limited

axis recruitment commercial limited Company Information

Share AXIS RECRUITMENT COMMERCIAL LIMITED
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Company Number

05411155

Industry

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

 

Shareholders

saadia butt

kashif butt

Group Structure

View All

Contact

Registered Address

88-90 north sherwood street, nottingham, NG1 4EE

axis recruitment commercial limited Estimated Valuation

£7.2m

Pomanda estimates the enterprise value of AXIS RECRUITMENT COMMERCIAL LIMITED at £7.2m based on a Turnover of £26.7m and 0.27x industry multiple (adjusted for size and gross margin).

axis recruitment commercial limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of AXIS RECRUITMENT COMMERCIAL LIMITED at £1.9m based on an EBITDA of £433.7k and a 4.3x industry multiple (adjusted for size and gross margin).

axis recruitment commercial limited Estimated Valuation

£2m

Pomanda estimates the enterprise value of AXIS RECRUITMENT COMMERCIAL LIMITED at £2m based on Net Assets of £1.3m and 1.58x industry multiple (adjusted for liquidity).

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Axis Recruitment Commercial Limited Overview

Axis Recruitment Commercial Limited is a live company located in nottingham, NG1 4EE with a Companies House number of 05411155. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in April 2005, it's largest shareholder is saadia butt with a 66.7% stake. Axis Recruitment Commercial Limited is a mature, large sized company, Pomanda has estimated its turnover at £26.7m with rapid growth in recent years.

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Axis Recruitment Commercial Limited Health Check

Pomanda's financial health check has awarded Axis Recruitment Commercial Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

4 Regular

positive_score

1 Weak

size

Size

annual sales of £26.7m, make it larger than the average company (£6.7m)

£26.7m - Axis Recruitment Commercial Limited

£6.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (4.8%)

36% - Axis Recruitment Commercial Limited

4.8% - Industry AVG

production

Production

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

25% - Axis Recruitment Commercial Limited

25% - Industry AVG

profitability

Profitability

an operating margin of 1.6% make it less profitable than the average company (4.5%)

1.6% - Axis Recruitment Commercial Limited

4.5% - Industry AVG

employees

Employees

with 162 employees, this is above the industry average (37)

162 - Axis Recruitment Commercial Limited

37 - Industry AVG

paystructure

Pay Structure

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

£49.9k - Axis Recruitment Commercial Limited

£49.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £164.7k, this is equally as efficient (£165.3k)

£164.7k - Axis Recruitment Commercial Limited

£165.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 32 days, this is earlier than average (46 days)

32 days - Axis Recruitment Commercial Limited

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 27 days, this is slower than average (9 days)

27 days - Axis Recruitment Commercial Limited

9 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Axis Recruitment Commercial Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 14 weeks, this is average cash available to meet short term requirements (15 weeks)

14 weeks - Axis Recruitment Commercial Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 54.9%, this is a lower level of debt than the average (66.6%)

54.9% - Axis Recruitment Commercial Limited

66.6% - Industry AVG

AXIS RECRUITMENT COMMERCIAL LIMITED financials

EXPORTms excel logo

Axis Recruitment Commercial Limited's latest turnover from July 2023 is estimated at £26.7 million and the company has net assets of £1.3 million. According to their latest financial statements, we estimate that Axis Recruitment Commercial Limited has 162 employees and maintains cash reserves of £416 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Apr 2010
Turnover26,679,12516,267,19712,831,27210,650,4845,974,1302,898,0331,189,095534,550941,709481,303213,319126,62647,219117,765
Other Income Or Grants00000000000000
Cost Of Sales19,998,72012,034,3169,859,5868,148,8824,597,7262,235,109913,651410,221707,208363,262155,24389,85731,04283,018
Gross Profit6,680,4054,232,8812,971,6862,501,6021,376,404662,924275,445124,328234,501118,04158,07636,76916,17634,747
Admin Expenses6,255,4213,711,9772,862,0502,347,2081,335,456552,554179,45851,194206,021127,20462,17620,39518,38441,631
Operating Profit424,984520,904109,636154,39440,948110,37095,98773,13428,480-9,163-4,10016,374-2,208-6,884
Interest Payable00000000000000
Interest Receivable32,0307,0433482961,8021,4214033633222151033800
Pre-Tax Profit457,013527,947109,984154,69042,751111,79196,39073,49828,803-8,948-3,99716,412-2,208-6,884
Tax-114,253-100,310-20,897-29,391-8,123-21,240-18,314-14,699-5,76000-3,93900
Profit After Tax342,760427,63789,087125,29934,62890,55178,07658,79823,042-8,948-3,99712,473-2,208-6,884
Dividends Paid00000000000000
Retained Profit342,760427,63789,087125,29934,62890,55178,07658,79823,042-8,948-3,99712,473-2,208-6,884
Employee Costs8,085,1304,734,1893,913,1252,736,6141,490,081671,23441,457121,549199,788118,11075,99338,34136,65371,421
Number Of Employees162999365341613532112
EBITDA*433,697528,065111,245156,53842,503111,40196,68874,06929,239-8,150-3,84716,712-2,208-6,884

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Apr 2010
Tangible Assets21,58221,4814,8276,4364,8005,2662,1042,8052,2803,0397591,01200
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets21,58221,4814,8276,4364,8005,2662,1042,8052,2803,0397591,01200
Stock & work in progress00000000000000
Trade Debtors2,354,2801,272,8671,034,065687,858504,923161,04247,09937,59049,0846,9712,5653,5472930
Group Debtors00000000000000
Misc Debtors00000000000000
Cash415,995865,192261,642434,232158,540322,106246,36776,19969,03759,94425,92615,23963115
misc current assets00000000000000
total current assets2,770,2752,138,0591,295,7071,122,090663,463483,148293,466113,789118,12166,91528,49118,786356115
total assets2,791,8572,159,5401,300,5341,128,526668,263488,414295,570116,594120,40169,95429,25019,798356115
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 1,526,8341,240,725809,697726,599392,351247,190144,85743,838106,92079,51529,86316,4149,3456,998
Group/Directors Accounts0000000000001000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities00000000000000
total current liabilities1,526,8341,240,725809,697726,599392,351247,190144,85743,838106,92079,51529,86316,4149,4456,998
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions4,7061,2589171,094378318358477000000
total long term liabilities4,7061,2589171,094378318358477000000
total liabilities1,531,5401,241,983810,614727,693392,729247,508145,21544,315106,92079,51529,86316,4149,4456,998
net assets1,260,317917,557489,920400,833275,534240,906150,35572,27913,481-9,561-6133,384-9,089-6,883
total shareholders funds1,260,317917,557489,920400,833275,534240,906150,35572,27913,481-9,561-6133,384-9,089-6,883
Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Apr 2010
Operating Activities
Operating Profit424,984520,904109,636154,39440,948110,37095,98773,13428,480-9,163-4,10016,374-2,208-6,884
Depreciation8,7137,1611,6092,1441,5551,0317019357591,01325333800
Amortisation00000000000000
Tax-114,253-100,310-20,897-29,391-8,123-21,240-18,314-14,699-5,76000-3,93900
Stock00000000000000
Debtors1,081,413238,802346,207182,935343,881113,9439,509-11,49442,1134,406-9823,2542930
Creditors286,109431,02883,098334,248145,161102,333101,019-63,08227,40549,65213,4497,0692,3476,998
Accruals and Deferred Income00000000000000
Deferred Taxes & Provisions3,448341-17771660-40-119477000000
Cash flow from operations-472,412620,322-172,938279,176-164,28078,511169,7658,2598,77137,09610,58416,588-154114
Investing Activities
capital expenditure-8,814-23,8150-3,780-1,089-4,1930-1,4600-3,2930-1,35000
Change in Investments00000000000000
cash flow from investments-8,814-23,8150-3,780-1,089-4,1930-1,4600-3,2930-1,35000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000-1001000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue00000000000021
interest32,0307,0433482961,8021,4214033633222151033800
cash flow from financing32,0307,0433482961,8021,421403363322215103-621021
cash and cash equivalents
cash-449,197603,550-172,590275,692-163,56675,739170,1687,1629,09334,01810,68715,176-52115
overdraft00000000000000
change in cash-449,197603,550-172,590275,692-163,56675,739170,1687,1629,09334,01810,68715,176-52115

axis recruitment commercial 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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Axis Recruitment Commercial Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for axis recruitment commercial limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in NG1 area or any other competitors across 12 key performance metrics.

axis recruitment commercial limited Ownership

AXIS RECRUITMENT COMMERCIAL LIMITED group structure

Axis Recruitment Commercial Limited has no subsidiary companies.

Ultimate parent company

AXIS RECRUITMENT COMMERCIAL LIMITED

05411155

AXIS RECRUITMENT COMMERCIAL LIMITED Shareholders

saadia butt 66.67%
kashif butt 33.33%

axis recruitment commercial limited directors

Axis Recruitment Commercial Limited currently has 2 directors. The longest serving directors include Mr Kashif Butt (Apr 2005) and Mr Michael Chandler (Oct 2018).

officercountryagestartendrole
Mr Kashif ButtEngland49 years Apr 2005- Director
Mr Michael ChandlerEngland42 years Oct 2018- Director

P&L

July 2023

turnover

26.7m

+64%

operating profit

425k

0%

gross margin

25.1%

-3.77%

turnover

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

Balance Sheet

July 2023

net assets

1.3m

+0.37%

total assets

2.8m

+0.29%

cash

416k

-0.52%

net assets

Total assets minus all liabilities

axis recruitment commercial limited company details

company number

05411155

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

April 2005

age

20

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

July 2023

previous names

N/A

accountant

HSKSG

auditor

-

address

88-90 north sherwood street, nottingham, NG1 4EE

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

axis recruitment commercial 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 axis recruitment commercial limited.

axis recruitment commercial 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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axis recruitment commercial limited Companies House Filings - See Documents

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