hr go recruitment limited Company Information
Company Number
05798112
Website
www.hrgo.co.ukRegistered Address
the cedars church road, ashford, kent, TN23 1RQ
Industry
Temporary employment agency activities
Telephone
01233612333
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
hr go plc 89%
charlie bareham ltd 11%
hr go recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of HR GO RECRUITMENT LIMITED at £6.6m based on a Turnover of £26.9m and 0.25x industry multiple (adjusted for size and gross margin).
hr go recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of HR GO RECRUITMENT LIMITED at £0 based on an EBITDA of £-3.9m and a 4.42x industry multiple (adjusted for size and gross margin).
hr go recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of HR GO RECRUITMENT LIMITED at £5m based on Net Assets of £2.9m and 1.72x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hr Go Recruitment Limited Overview
Hr Go Recruitment Limited is a live company located in kent, TN23 1RQ with a Companies House number of 05798112. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in April 2006, it's largest shareholder is hr go plc with a 89% stake. Hr Go Recruitment Limited is a established, large sized company, Pomanda has estimated its turnover at £26.9m with declining growth in recent years.
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Hr Go Recruitment Limited Health Check
Pomanda's financial health check has awarded Hr Go Recruitment 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
3 Regular
5 Weak
Size
annual sales of £26.9m, make it larger than the average company (£16.7m)
£26.9m - Hr Go Recruitment Limited
£16.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (6.2%)
- Hr Go Recruitment Limited
6.2% - Industry AVG
Production
with a gross margin of 16.2%, this company has a comparable cost of product (18.3%)
16.2% - Hr Go Recruitment Limited
18.3% - Industry AVG
Profitability
an operating margin of -14.9% make it less profitable than the average company (2.5%)
-14.9% - Hr Go Recruitment Limited
2.5% - Industry AVG
Employees
with 107 employees, this is above the industry average (56)
107 - Hr Go Recruitment Limited
56 - Industry AVG
Pay Structure
on an average salary of £46.2k, the company has an equivalent pay structure (£52.6k)
£46.2k - Hr Go Recruitment Limited
£52.6k - Industry AVG
Efficiency
resulting in sales per employee of £251.5k, this is equally as efficient (£275.2k)
£251.5k - Hr Go Recruitment Limited
£275.2k - Industry AVG
Debtor Days
it gets paid by customers after 74 days, this is later than average (45 days)
74 days - Hr Go Recruitment Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (4 days)
1 days - Hr Go Recruitment Limited
4 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hr Go Recruitment Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (4 weeks)
2 weeks - Hr Go Recruitment Limited
4 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.6%, this is a lower level of debt than the average (72.6%)
60.6% - Hr Go Recruitment Limited
72.6% - Industry AVG
HR GO RECRUITMENT LIMITED financials
Hr Go Recruitment Limited's latest turnover from December 2023 is £26.9 million and the company has net assets of £2.9 million. According to their latest financial statements, Hr Go Recruitment Limited has 107 employees and maintains cash reserves of £166.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 26,905,591 | 18,678,014 | 47,873,818 | 27,037,737 | 17,220,602 | 15,198,653 | 11,646,573 | 13,748,443 | 33,894,765 | 41,499,283 | 40,751,937 | 38,092,054 | 29,220,705 | 16,522,249 | 1,096,702 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 22,554,483 | 15,445,372 | 41,677,677 | 22,327,972 | 13,515,431 | 11,896,864 | 8,909,834 | 10,508,449 | 27,903,893 | 34,857,803 | 34,136,362 | 31,714,832 | 23,482,935 | 13,539,740 | 795,657 |
Gross Profit | 4,351,108 | 3,232,642 | 6,196,141 | 4,709,765 | 3,705,171 | 3,301,789 | 2,736,739 | 3,239,994 | 5,990,872 | 6,641,480 | 6,615,575 | 6,377,222 | 5,737,770 | 2,982,509 | 301,045 |
Admin Expenses | 8,361,233 | 3,376,021 | 3,918,689 | 2,626,643 | 3,045,139 | 2,605,502 | 2,808,356 | 3,141,571 | 6,338,690 | 6,666,704 | 7,504,256 | 7,217,328 | 6,951,572 | 3,410,259 | 1,112,756 |
Operating Profit | -4,010,125 | -143,379 | 2,277,452 | 2,083,122 | 660,032 | 696,287 | -71,617 | 98,423 | -347,818 | -25,224 | -888,681 | -840,106 | -1,213,802 | -427,750 | -811,711 |
Interest Payable | 913 | 200,363 | 139,864 | 248,306 | 307,198 | 308,414 | 251,711 | 312,681 | 340,540 | 369,061 | 343,727 | 255,725 | 224,673 | 103,503 | 25,871 |
Interest Receivable | 625 | 7,598 | 15,846 | 12,760 | 22,306 | 16,763 | 14,851 | 4 | 0 | 43 | 851 | 285 | 8,060 | 0 | |
Pre-Tax Profit | -1,309,029 | 924,713 | 2,786,319 | 2,361,457 | 573,829 | 617,680 | -91,311 | -95,867 | -257,588 | -135,082 | -1,136,927 | -166,031 | -159,983 | 25,592 | -837,582 |
Tax | 9,706 | -27,374 | -376,247 | 158,009 | -3,020 | -48,501 | -27,826 | 38,157 | 5,369 | -3,262 | -94,401 | -28,891 | 74,200 | 73,334 | 50,700 |
Profit After Tax | -1,299,323 | 897,339 | 2,410,072 | 2,519,466 | 570,809 | 569,179 | -119,137 | -57,710 | -252,219 | -138,344 | -1,231,328 | -194,922 | -85,783 | 98,926 | -786,882 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | -1,299,323 | 897,339 | 2,410,072 | 2,519,466 | 570,809 | 569,179 | -119,137 | -57,710 | -252,219 | -138,344 | -1,231,328 | -194,922 | -85,783 | 98,926 | -786,882 |
Employee Costs | 4,942,412 | 2,355,011 | 3,285,581 | 2,791,608 | 2,551,087 | 2,235,730 | 1,934,024 | 1,796,429 | 2,697,100 | 3,614,304 | 4,103,156 | 3,844,678 | 3,980,492 | 2,377,788 | 774,230 |
Number Of Employees | 107 | 48 | 41 | 47 | 65 | 59 | 52 | 45 | 65 | 106 | 120 | 118 | 124 | 88 | 17 |
EBITDA* | -3,890,096 | -72,314 | 2,426,457 | 2,235,567 | 807,158 | 765,383 | 29,829 | 204,081 | -159,707 | 270,415 | -592,024 | -450,842 | -893,805 | -233,992 | -788,328 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 436,235 | 139,643 | 170,755 | 102,704 | 160,854 | 1,046,390 | 132,555 | 52,171 | 82,030 | 208,430 | 339,569 | 236,448 | 368,721 | 242,087 | 108,420 |
Intangible Assets | 40,872 | 0 | 0 | 378,111 | 468,347 | 535,254 | 602,161 | 669,068 | 716,448 | 2,153,623 | 2,288,927 | 2,424,232 | 1,949,302 | 1,448,786 | 1,535,729 |
Investments & Other | 31,681 | 1,049,291 | 780,326 | 759,327 | 812,084 | 0 | 793,980 | 705,753 | 722,552 | 712,647 | 712,657 | 943,242 | 1,238,291 | 1,402,396 | 184 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18,000 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 508,788 | 1,188,934 | 951,081 | 1,240,142 | 1,441,285 | 1,581,644 | 1,528,696 | 1,426,992 | 1,539,030 | 3,074,700 | 3,341,153 | 3,603,922 | 3,556,314 | 3,093,269 | 1,644,333 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 5,484,561 | 7,153,485 | 4,439,137 | 6,210,264 | 2,886,507 | 2,743,225 | 2,359,471 | 1,893,256 | 1,546,549 | 7,013,897 | 9,137,899 | 7,336,779 | 7,638,730 | 3,609,192 | 2,037,941 |
Group Debtors | 900,311 | 1,047,503 | 6,476,961 | 475,905 | 545,763 | 0 | 98,053 | 102,043 | 9,509,598 | 14,600 | 354,187 | 26,546 | 25,484 | 26,229 | 3,683 |
Misc Debtors | 293,711 | 372,522 | 726,259 | 1,379,048 | 799,241 | 0 | 571,467 | 501,945 | 509,586 | 940,897 | 842,819 | 1,316,687 | 1,700,500 | 1,216,260 | 161,195 |
Cash | 166,670 | 140,810 | 237,546 | 1,000 | 1,000 | 1,310 | 650 | 4,421 | 18,706 | 3,000 | 3,500 | 4,227 | 7,952 | 4,250 | 2,700 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 6,845,253 | 8,714,320 | 11,879,903 | 8,066,217 | 4,232,511 | 3,486,046 | 3,029,641 | 2,501,665 | 11,584,439 | 7,972,394 | 10,338,405 | 8,684,239 | 9,372,666 | 4,855,931 | 2,205,519 |
total assets | 7,354,041 | 9,903,254 | 12,830,984 | 9,306,359 | 5,673,796 | 5,067,690 | 4,558,337 | 3,928,657 | 13,123,469 | 11,047,094 | 13,679,558 | 12,288,161 | 12,928,980 | 7,949,200 | 3,849,852 |
Bank overdraft | 0 | 0 | 0 | 0 | 1,118 | 0 | 1,097 | 0 | 0 | 21,078 | 184,191 | 135,214 | 2,691 | 14,064 | 13,830 |
Bank loan | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 73,521 | 34,707 | 52,274 | 211,067 | 107,500 | 128,004 | 135,379 | 186,265 | 242,662 | 803,346 | 981,914 | 943,953 | 827,754 | 946,840 | 406,079 |
Group/Directors Accounts | 107,455 | 1,512,104 | 5,923,839 | 3,558,536 | 5,567,363 | 0 | 5,991,419 | 5,644,440 | 14,588,509 | 9,706,585 | 11,913,436 | 9,958,861 | 10,900,650 | 6,476,135 | 3,473,781 |
other short term finances | 0 | 0 | 0 | 47,500 | 47,500 | 5,525,338 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 577 | 47,075 | 45,864 | 26,934 | 41,262 | 0 | 12,887 | 0 | 0 | 10,414 | 22,307 | 43,997 | 54,585 | 15,048 | 15,261 |
other current liabilities | 3,963,388 | 3,690,037 | 3,245,268 | 4,442,257 | 1,505,747 | 0 | 1,115,662 | 746,213 | 835,349 | 2,796,503 | 2,719,784 | 2,118,151 | 1,823,398 | 1,127,049 | 701,783 |
total current liabilities | 4,144,941 | 5,283,923 | 9,267,245 | 8,286,295 | 7,270,490 | 7,222,336 | 7,303,944 | 6,576,918 | 15,666,520 | 13,337,926 | 15,821,632 | 13,200,176 | 13,609,078 | 8,579,136 | 4,610,734 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 47,500 | 47,500 | 47,500 | 47,500 | 32,500 | 26,000 | 26,000 |
hp & lease commitments | 0 | 576 | 47,651 | 3,786 | 30,716 | 0 | 21,791 | 0 | 0 | 0 | 10,414 | 9,146 | 61,141 | 32,020 | 0 |
Accruals and Deferred Income | 0 | 68,106 | 81,718 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 181,768 | 263,900 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 127,188 | 87,282 | 132,242 | 124,222 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 308,956 | 419,864 | 261,611 | 128,008 | 30,716 | 43,573 | 21,791 | 0 | 47,500 | 47,500 | 57,914 | 56,646 | 93,641 | 58,020 | 26,000 |
total liabilities | 4,453,897 | 5,703,787 | 9,528,856 | 8,414,303 | 7,301,206 | 7,265,909 | 7,325,735 | 6,576,918 | 15,714,020 | 13,385,426 | 15,879,546 | 13,256,822 | 13,702,719 | 8,637,156 | 4,636,734 |
net assets | 2,900,144 | 4,199,467 | 3,302,128 | 892,056 | -1,627,410 | -2,198,219 | -2,767,398 | -2,648,261 | -2,590,551 | -2,338,332 | -2,199,988 | -968,661 | -773,739 | -687,956 | -786,882 |
total shareholders funds | 2,900,144 | 4,199,467 | 3,302,128 | 892,056 | -1,627,410 | -2,198,219 | -2,767,398 | -2,648,261 | -2,590,551 | -2,338,332 | -2,199,988 | -968,661 | -773,739 | -687,956 | -786,882 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | -4,010,125 | -143,379 | 2,277,452 | 2,083,122 | 660,032 | 696,287 | -71,617 | 98,423 | -347,818 | -25,224 | -888,681 | -840,106 | -1,213,802 | -427,750 | -811,711 |
Depreciation | 120,029 | 71,065 | 85,988 | 85,538 | 80,219 | 69,096 | 34,539 | 58,278 | 97,524 | 160,335 | 161,352 | 214,194 | 180,513 | 106,815 | 16,496 |
Amortisation | 0 | 0 | 63,017 | 66,907 | 66,907 | 66,907 | 47,380 | 90,587 | 135,304 | 135,305 | 175,070 | 139,484 | 86,943 | 6,887 | |
Tax | 9,706 | -27,374 | -376,247 | 158,009 | -3,020 | -48,501 | -27,826 | 38,157 | 5,369 | -3,262 | -94,401 | -28,891 | 74,200 | 73,334 | 50,700 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -1,894,927 | -3,068,847 | 3,577,140 | 3,833,706 | 1,488,286 | -285,766 | 531,747 | -9,086,489 | 3,614,339 | -2,365,511 | 1,654,893 | -684,702 | 4,513,033 | 2,648,862 | 2,202,819 |
Creditors | 38,814 | -17,567 | -158,793 | 103,567 | -20,504 | -7,375 | -50,886 | -56,397 | -560,684 | -178,568 | 37,961 | 116,199 | -119,086 | 540,761 | 406,079 |
Accruals and Deferred Income | 205,245 | 431,157 | -1,115,271 | 2,936,510 | 1,505,747 | -1,115,662 | 369,449 | -89,136 | -1,961,154 | 76,719 | 601,633 | 294,753 | 696,349 | 425,266 | 701,783 |
Deferred Taxes & Provisions | 39,906 | -44,960 | 8,020 | 124,222 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | -1,701,498 | 3,337,789 | -2,792,974 | 1,724,169 | 801,095 | -211,181 | 9,183,194 | -6,290,515 | 2,530,815 | -1,701,724 | 615,921 | -4,755,375 | -1,843,493 | -1,832,585 | |
Investing Activities | |||||||||||||||
capital expenditure | 0 | 0 | 0 | 0 | 0 | -164,041 | 43,432 | 4,519,222 | 4,075 | -217,485 | 34,407 | -62,355 | -178,290 | -36,670 | |
Change in Investments | -1,017,610 | 268,965 | 20,999 | -52,757 | 812,084 | -793,980 | 88,227 | -16,799 | 9,905 | -10 | -230,585 | -295,049 | -164,105 | 1,402,212 | 184 |
cash flow from investments | 1,017,610 | -268,965 | -20,999 | 52,757 | -812,084 | -252,268 | 60,231 | 4,509,317 | 4,085 | 13,100 | 329,456 | 101,750 | -1,580,502 | -36,854 | |
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | -1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -1,404,649 | -4,411,735 | 2,365,303 | -2,008,827 | 5,567,363 | -5,991,419 | 346,979 | -8,944,069 | 4,881,924 | -2,206,851 | 1,954,575 | -941,789 | 4,424,515 | 3,002,354 | 3,473,781 |
Other Short Term Loans | 0 | 0 | -47,500 | 0 | -5,477,838 | 5,525,338 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -47,500 | 0 | 0 | 0 | 15,000 | 6,500 | 0 | 26,000 |
Hire Purchase and Lease Commitments | -47,074 | -45,864 | 62,795 | -41,258 | 71,978 | -34,678 | 34,678 | 0 | -10,414 | -22,307 | -20,422 | -62,583 | 68,658 | 31,807 | 15,261 |
other long term liabilities | -82,132 | 263,900 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | -288 | -192,765 | -124,018 | -235,546 | -284,892 | -234,948 | -297,830 | -340,536 | -369,061 | -343,684 | -254,874 | -224,388 | -95,443 | -25,871 | |
cash flow from financing | -1,534,143 | -4,386,464 | 2,256,579 | -2,285,630 | -123,389 | 146,709 | -9,289,399 | 4,530,974 | -2,598,219 | 1,590,470 | -1,244,246 | 4,275,285 | 2,938,718 | 3,489,171 | |
cash and cash equivalents | |||||||||||||||
cash | 25,860 | -96,736 | 236,546 | 0 | -310 | 660 | -3,771 | -14,285 | 15,706 | -500 | -727 | -3,725 | 3,702 | 1,550 | 2,700 |
overdraft | 0 | 0 | 0 | -1,118 | 1,118 | -1,097 | 1,097 | 0 | -21,078 | -163,113 | 48,977 | 132,523 | -11,373 | 234 | 13,830 |
change in cash | 25,860 | -96,736 | 236,546 | 1,118 | -1,428 | 1,757 | -4,868 | -14,285 | 36,784 | 162,613 | -49,704 | -136,248 | 15,075 | 1,316 | -11,130 |
hr go recruitment limited Credit Report and Business Information
Hr Go Recruitment Limited Competitor Analysis
Perform a competitor analysis for hr go recruitment limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in TN23 area or any other competitors across 12 key performance metrics.
hr go recruitment limited Ownership
HR GO RECRUITMENT LIMITED group structure
Hr Go Recruitment Limited has 10 subsidiary companies.
Ultimate parent company
1 parent
HR GO RECRUITMENT LIMITED
05798112
10 subsidiaries
hr go recruitment limited directors
Hr Go Recruitment Limited currently has 6 directors. The longest serving directors include Miss Sydney Parkinson (Feb 2021) and Mr John Parkinson (Feb 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Miss Sydney Parkinson | England | 33 years | Feb 2021 | - | Director |
Mr John Parkinson | England | 34 years | Feb 2021 | - | Director |
Mr Roderick Barrow | England | 61 years | Apr 2022 | - | Director |
Mr Mark Butterfield | England | 41 years | Jan 2023 | - | Director |
Mr Mark Ward | England | 51 years | Jan 2023 | - | Director |
Mr Marcus Cooke | England | 36 years | Feb 2023 | - | Director |
P&L
December 2023turnover
26.9m
+44%
operating profit
-4m
+2697%
gross margin
16.2%
-6.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.9m
-0.31%
total assets
7.4m
-0.26%
cash
166.7k
+0.18%
net assets
Total assets minus all liabilities
hr go recruitment limited company details
company number
05798112
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
April 2006
age
18
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
h r city limited (November 2008)
parkinson jv one hundred and thirty nine limited (July 2006)
accountant
-
auditor
UHY HACKER YOUNG
address
the cedars church road, ashford, kent, TN23 1RQ
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
hr go recruitment 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 found 5 charges/mortgages relating to hr go recruitment limited. Currently there are 1 open charges and 4 have been satisfied in the past.
hr go recruitment limited Companies House Filings - See Documents
date | description | view/download |
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