hr go recruitment limited

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hr go recruitment limited Company Information

Share HR GO RECRUITMENT LIMITED
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EstablishedLargeDeclining

Company Number

05798112

Registered 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

Directors

Sydney Parkinson3 Years

John Parkinson3 Years

View All

Shareholders

hr go plc 89%

charlie bareham ltd 11%

hr go recruitment limited Estimated Valuation

£6.6m

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

£0

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

£5m

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

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

5 Weak

size

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

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (6.2%)

0% - Hr Go Recruitment Limited

6.2% - Industry AVG

production

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

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

Employees

with 107 employees, this is above the industry average (56)

107 - Hr Go Recruitment Limited

56 - Industry AVG

paystructure

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

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

debtordays

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

creditordays

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

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Hr Go Recruitment Limited

- - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover26,905,59118,678,01447,873,81827,037,73717,220,60215,198,65311,646,57313,748,44333,894,76541,499,28340,751,93738,092,05429,220,70516,522,2491,096,702
Other Income Or Grants000000000000000
Cost Of Sales22,554,48315,445,37241,677,67722,327,97213,515,43111,896,8648,909,83410,508,44927,903,89334,857,80334,136,36231,714,83223,482,93513,539,740795,657
Gross Profit4,351,1083,232,6426,196,1414,709,7653,705,1713,301,7892,736,7393,239,9945,990,8726,641,4806,615,5756,377,2225,737,7702,982,509301,045
Admin Expenses8,361,2333,376,0213,918,6892,626,6433,045,1392,605,5022,808,3563,141,5716,338,6906,666,7047,504,2567,217,3286,951,5723,410,2591,112,756
Operating Profit-4,010,125-143,3792,277,4522,083,122660,032696,287-71,61798,423-347,818-25,224-888,681-840,106-1,213,802-427,750-811,711
Interest Payable913200,363139,864248,306307,198308,414251,711312,681340,540369,061343,727255,725224,673103,50325,871
Interest Receivable6257,59815,84612,76022,306716,76314,85140438512858,0600
Pre-Tax Profit-1,309,029924,7132,786,3192,361,457573,829617,680-91,311-95,867-257,588-135,082-1,136,927-166,031-159,98325,592-837,582
Tax9,706-27,374-376,247158,009-3,020-48,501-27,82638,1575,369-3,262-94,401-28,89174,20073,33450,700
Profit After Tax-1,299,323897,3392,410,0722,519,466570,809569,179-119,137-57,710-252,219-138,344-1,231,328-194,922-85,78398,926-786,882
Dividends Paid000000000000000
Retained Profit-1,299,323897,3392,410,0722,519,466570,809569,179-119,137-57,710-252,219-138,344-1,231,328-194,922-85,78398,926-786,882
Employee Costs4,942,4122,355,0113,285,5812,791,6082,551,0872,235,7301,934,0241,796,4292,697,1003,614,3044,103,1563,844,6783,980,4922,377,788774,230
Number Of Employees10748414765595245651061201181248817
EBITDA*-3,890,096-72,3142,426,4572,235,567807,158765,38329,829204,081-159,707270,415-592,024-450,842-893,805-233,992-788,328

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets436,235139,643170,755102,704160,8541,046,390132,55552,17182,030208,430339,569236,448368,721242,087108,420
Intangible Assets40,87200378,111468,347535,254602,161669,068716,4482,153,6232,288,9272,424,2321,949,3021,448,7861,535,729
Investments & Other31,6811,049,291780,326759,327812,0840793,980705,753722,552712,647712,657943,2421,238,2911,402,396184
Debtors (Due After 1 year)0000000018,000000000
Total Fixed Assets508,7881,188,934951,0811,240,1421,441,2851,581,6441,528,6961,426,9921,539,0303,074,7003,341,1533,603,9223,556,3143,093,2691,644,333
Stock & work in progress000000000000000
Trade Debtors5,484,5617,153,4854,439,1376,210,2642,886,5072,743,2252,359,4711,893,2561,546,5497,013,8979,137,8997,336,7797,638,7303,609,1922,037,941
Group Debtors900,3111,047,5036,476,961475,905545,763098,053102,0439,509,59814,600354,18726,54625,48426,2293,683
Misc Debtors293,711372,522726,2591,379,048799,2410571,467501,945509,586940,897842,8191,316,6871,700,5001,216,260161,195
Cash166,670140,810237,5461,0001,0001,3106504,42118,7063,0003,5004,2277,9524,2502,700
misc current assets000000000000000
total current assets6,845,2538,714,32011,879,9038,066,2174,232,5113,486,0463,029,6412,501,66511,584,4397,972,39410,338,4058,684,2399,372,6664,855,9312,205,519
total assets7,354,0419,903,25412,830,9849,306,3595,673,7965,067,6904,558,3373,928,65713,123,46911,047,09413,679,55812,288,16112,928,9807,949,2003,849,852
Bank overdraft00001,11801,0970021,078184,191135,2142,69114,06413,830
Bank loan000100000000000
Trade Creditors 73,52134,70752,274211,067107,500128,004135,379186,265242,662803,346981,914943,953827,754946,840406,079
Group/Directors Accounts107,4551,512,1045,923,8393,558,5365,567,36305,991,4195,644,44014,588,5099,706,58511,913,4369,958,86110,900,6506,476,1353,473,781
other short term finances00047,50047,5005,525,338000000000
hp & lease commitments57747,07545,86426,93441,262012,8870010,41422,30743,99754,58515,04815,261
other current liabilities3,963,3883,690,0373,245,2684,442,2571,505,74701,115,662746,213835,3492,796,5032,719,7842,118,1511,823,3981,127,049701,783
total current liabilities4,144,9415,283,9239,267,2458,286,2957,270,4907,222,3367,303,9446,576,91815,666,52013,337,92615,821,63213,200,17613,609,0788,579,1364,610,734
loans0000000047,50047,50047,50047,50032,50026,00026,000
hp & lease commitments057647,6513,78630,716021,79100010,4149,14661,14132,0200
Accruals and Deferred Income068,10681,718000000000000
other liabilities181,768263,9000000000000000
provisions127,18887,282132,242124,22200000000000
total long term liabilities308,956419,864261,611128,00830,71643,57321,791047,50047,50057,91456,64693,64158,02026,000
total liabilities4,453,8975,703,7879,528,8568,414,3037,301,2067,265,9097,325,7356,576,91815,714,02013,385,42615,879,54613,256,82213,702,7198,637,1564,636,734
net assets2,900,1444,199,4673,302,128892,056-1,627,410-2,198,219-2,767,398-2,648,261-2,590,551-2,338,332-2,199,988-968,661-773,739-687,956-786,882
total shareholders funds2,900,1444,199,4673,302,128892,056-1,627,410-2,198,219-2,767,398-2,648,261-2,590,551-2,338,332-2,199,988-968,661-773,739-687,956-786,882
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-4,010,125-143,3792,277,4522,083,122660,032696,287-71,61798,423-347,818-25,224-888,681-840,106-1,213,802-427,750-811,711
Depreciation120,02971,06585,98885,53880,21969,09634,53958,27897,524160,335161,352214,194180,513106,81516,496
Amortisation0063,01766,90766,907066,90747,38090,587135,304135,305175,070139,48486,9436,887
Tax9,706-27,374-376,247158,009-3,020-48,501-27,82638,1575,369-3,262-94,401-28,89174,20073,33450,700
Stock000000000000000
Debtors-1,894,927-3,068,8473,577,1403,833,7061,488,286-285,766531,747-9,086,4893,614,339-2,365,5111,654,893-684,7024,513,0332,648,8622,202,819
Creditors38,814-17,567-158,793103,567-20,504-7,375-50,886-56,397-560,684-178,56837,961116,199-119,086540,761406,079
Accruals and Deferred Income205,245431,157-1,115,2712,936,5101,505,747-1,115,662369,449-89,136-1,961,15476,719601,633294,753696,349425,266701,783
Deferred Taxes & Provisions39,906-44,9608,020124,22200000000000
Cash flow from operations-1,701,4983,337,789-2,792,9741,724,169801,095-120,389-211,1819,183,194-6,290,5152,530,815-1,701,724615,921-4,755,375-1,843,493-1,832,585
Investing Activities
capital expenditure00000-916,024-164,04143,4324,519,2224,075-217,48534,407-62,355-178,290-36,670
Change in Investments-1,017,610268,96520,999-52,757812,084-793,98088,227-16,7999,905-10-230,585-295,049-164,1051,402,212184
cash flow from investments1,017,610-268,965-20,99952,757-812,084-122,044-252,26860,2314,509,3174,08513,100329,456101,750-1,580,502-36,854
Financing Activities
Bank loans00-1100000000000
Group/Directors Accounts-1,404,649-4,411,7352,365,303-2,008,8275,567,363-5,991,419346,979-8,944,0694,881,924-2,206,8511,954,575-941,7894,424,5153,002,3543,473,781
Other Short Term Loans 00-47,5000-5,477,8385,525,338000000000
Long term loans0000000-47,50000015,0006,500026,000
Hire Purchase and Lease Commitments-47,074-45,86462,795-41,25871,978-34,67834,6780-10,414-22,307-20,422-62,58368,65831,80715,261
other long term liabilities-82,132263,9000000000000000
share issue000000000010000
interest-288-192,765-124,018-235,546-284,892-308,407-234,948-297,830-340,536-369,061-343,684-254,874-224,388-95,443-25,871
cash flow from financing-1,534,143-4,386,4642,256,579-2,285,630-123,389-809,166146,709-9,289,3994,530,974-2,598,2191,590,470-1,244,2464,275,2852,938,7183,489,171
cash and cash equivalents
cash25,860-96,736236,5460-310660-3,771-14,28515,706-500-727-3,7253,7021,5502,700
overdraft000-1,1181,118-1,0971,0970-21,078-163,11348,977132,523-11,37323413,830
change in cash25,860-96,736236,5461,118-1,4281,757-4,868-14,28536,784162,613-49,704-136,24815,0751,316-11,130

hr go recruitment 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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Hr Go Recruitment Limited Competitor Analysis

competitor_analysis_table_img

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 Shareholders

hr go plc 89%
charlie bareham ltd 11%

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).

officercountryagestartendrole
Miss Sydney ParkinsonEngland33 years Feb 2021- Director
Mr John ParkinsonEngland34 years Feb 2021- Director
Mr Roderick BarrowEngland61 years Apr 2022- Director
Mr Mark ButterfieldEngland41 years Jan 2023- Director
Mr Mark WardEngland51 years Jan 2023- Director
Mr Marcus CookeEngland36 years Feb 2023- Director

P&L

December 2023

turnover

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 2023

net 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.

charges

hr go recruitment limited Companies House Filings - See Documents

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