detail 2 recruitment ltd

detail 2 recruitment ltd Company Information

Share DETAIL 2 RECRUITMENT LTD
Live 
EstablishedMidRapid

Company Number

06052632

Industry

Other human resources provision

 

Shareholders

detail 2 recruitment (holdings) limited

Group Structure

View All

Contact

Registered Address

5th floor charter house, woodlands road, altrincham, cheshire, WA14 1HF

detail 2 recruitment ltd Estimated Valuation

£2.1m

Pomanda estimates the enterprise value of DETAIL 2 RECRUITMENT LTD at £2.1m based on a Turnover of £8.6m and 0.25x industry multiple (adjusted for size and gross margin).

detail 2 recruitment ltd Estimated Valuation

£56.9k

Pomanda estimates the enterprise value of DETAIL 2 RECRUITMENT LTD at £56.9k based on an EBITDA of £15.7k and a 3.61x industry multiple (adjusted for size and gross margin).

detail 2 recruitment ltd Estimated Valuation

£538.8k

Pomanda estimates the enterprise value of DETAIL 2 RECRUITMENT LTD at £538.8k based on Net Assets of £342.1k and 1.58x industry multiple (adjusted for liquidity).

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Detail 2 Recruitment Ltd Overview

Detail 2 Recruitment Ltd is a live company located in altrincham, WA14 1HF with a Companies House number of 06052632. It operates in the human resources provision and management of human resources functions sector, SIC Code 78300. Founded in January 2007, it's largest shareholder is detail 2 recruitment (holdings) limited with a 100% stake. Detail 2 Recruitment Ltd is a established, mid sized company, Pomanda has estimated its turnover at £8.6m with rapid growth in recent years.

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Detail 2 Recruitment Ltd Health Check

Pomanda's financial health check has awarded Detail 2 Recruitment Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £8.6m, make it larger than the average company (£5.5m)

£8.6m - Detail 2 Recruitment Ltd

£5.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 50%, show it is growing at a faster rate (8.6%)

50% - Detail 2 Recruitment Ltd

8.6% - Industry AVG

production

Production

with a gross margin of 19%, this company has a comparable cost of product (19%)

19% - Detail 2 Recruitment Ltd

19% - Industry AVG

profitability

Profitability

an operating margin of 0.2% make it less profitable than the average company (2.3%)

0.2% - Detail 2 Recruitment Ltd

2.3% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (40)

4 - Detail 2 Recruitment Ltd

40 - Industry AVG

paystructure

Pay Structure

on an average salary of £55.1k, the company has an equivalent pay structure (£55.1k)

£55.1k - Detail 2 Recruitment Ltd

£55.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £2.1m, this is more efficient (£93.4k)

£2.1m - Detail 2 Recruitment Ltd

£93.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 37 days, this is earlier than average (50 days)

37 days - Detail 2 Recruitment Ltd

50 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 21 days, this is slower than average (5 days)

21 days - Detail 2 Recruitment Ltd

5 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Detail 2 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 (11 weeks)

0 weeks - Detail 2 Recruitment Ltd

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 68.2%, this is a lower level of debt than the average (76.2%)

68.2% - Detail 2 Recruitment Ltd

76.2% - Industry AVG

DETAIL 2 RECRUITMENT LTD financials

EXPORTms excel logo

Detail 2 Recruitment Ltd's latest turnover from March 2024 is estimated at £8.6 million and the company has net assets of £342.1 thousand. According to their latest financial statements, Detail 2 Recruitment Ltd has 4 employees and maintains cash reserves of £7.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover8,570,5986,259,7525,064,6382,542,2011,949,2512,158,0122,100,6581,836,6631,548,3823,343,8542,784,4692,220,0591,859,9711,696,303649,576
Other Income Or Grants000000000000000
Cost Of Sales6,943,9654,913,1544,070,2942,126,0121,552,6361,694,7231,636,3071,437,0181,229,7282,684,7732,163,4721,713,0131,407,3631,216,604505,208
Gross Profit1,626,6331,346,598994,345416,190396,615463,289464,351399,645318,655659,081620,997507,046452,607479,699144,368
Admin Expenses1,613,0421,318,578974,028434,388512,313313,650466,787320,285269,054644,887715,465549,827249,731325,492128,405
Operating Profit13,59128,02020,317-18,198-115,698149,639-2,43679,36049,60114,194-94,468-42,781202,876154,20715,963
Interest Payable17,34420,92716,1727,62500000000000
Interest Receivable6783,3341,33311669809589435775497497813797428183
Pre-Tax Profit-3,07510,4275,478-25,707-115,629150,448-1,84779,79550,37614,691-93,971-41,968203,673154,63516,146
Tax0-1,981-1,04100-28,5850-15,959-10,075-3,08500-52,955-43,298-4,521
Profit After Tax-3,0758,4464,437-25,707-115,629121,863-1,84763,83640,30111,606-93,971-41,968150,718111,33711,625
Dividends Paid000000000000000
Retained Profit-3,0758,4464,437-25,707-115,629121,863-1,84763,83640,30111,606-93,971-41,968150,718111,33711,625
Employee Costs220,379318,096299,325335,90746,5001,242,5071,001,9531,033,7981,021,1541,151,2001,076,398976,875776,626644,596211,697
Number Of Employees466712421212125232117155
EBITDA*15,74230,05122,293-16,174-112,468154,7012,03884,48153,13519,546-92,937-41,145206,790156,20732,963

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets3,5053,6044672,4434,5087,7387,3987,9853,7116,8734,4814,9065,7412,0004,000
Intangible Assets99,01400000000000000
Investments & Other00000100100100100100100100100100100
Debtors (Due After 1 year)000000000000000
Total Fixed Assets102,5193,6044672,4434,5087,8387,4988,0853,8116,9734,5815,0065,8412,1004,100
Stock & work in progress000000000000000
Trade Debtors884,097863,764696,829361,410347,337292,004377,091293,062207,868314,964277,249283,367218,208169,74446,429
Group Debtors47,112180,887196,067196,06700000000000
Misc Debtors33,48528,98438,95619,756232,217234,79817,56817,91355,362000000
Cash7,48818,345138,568216,88615,035122,09593,751141,766206,167103,95994,823104,163221,08397,88273,221
misc current assets000000000000000
total current assets972,1821,091,9801,070,420794,119594,589648,897488,410452,741469,397418,923372,072387,530439,291267,626119,650
total assets1,074,7011,095,5841,070,887796,562599,097656,735495,908460,826473,208425,896376,653392,536445,132269,726123,750
Bank overdraft000000000000000
Bank loan50,00050,000020,83300000000000
Trade Creditors 417,184503,847453,293150,558184,66993,30349,50328,62436,749276,448237,094156,651167,279146,663112,024
Group/Directors Accounts03,9999,4065,4112,036100100100100000000
other short term finances0050,000000000000000
hp & lease commitments00000000001,7172,355000
other current liabilities185,635162,522142,230157,864154,420189,731194,567178,517246,610000000
total current liabilities652,819720,368654,929334,666341,125283,134244,170207,241283,459276,448238,811159,006167,279146,663112,024
loans79,167129,167179,167229,16700000000000
hp & lease commitments000000000001,717000
Accruals and Deferred Income000000000000000
other liabilities0000000000004,07200
provisions6429018946400000000000
total long term liabilities79,809130,068179,256229,63100000001,7174,07200
total liabilities732,628850,436834,185564,297341,125283,134244,170207,241283,459276,448238,811160,723171,351146,663112,024
net assets342,073245,148236,702232,265257,972373,601251,738253,585189,749149,448137,842231,813273,781123,06311,726
total shareholders funds342,073245,148236,702232,265257,972373,601251,738253,585189,749149,448137,842231,813273,781123,06311,726
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit13,59128,02020,317-18,198-115,698149,639-2,43679,36049,60114,194-94,468-42,781202,876154,20715,963
Depreciation2,1512,0311,9762,0243,2305,0624,4745,1213,5345,3521,5311,6363,9142,0002,000
Amortisation0000000000000015,000
Tax0-1,981-1,04100-28,5850-15,959-10,075-3,08500-52,955-43,298-4,521
Stock000000000000000
Debtors-108,941141,783354,619-2,32152,752132,14383,68447,745-51,73437,715-6,11865,15948,464123,31546,429
Creditors-86,66350,554302,735-34,11191,36643,80020,879-8,125-239,69939,35480,443-10,62820,61634,639112,024
Accruals and Deferred Income23,11320,292-15,6343,444-35,311-4,83616,050-68,093246,610000000
Deferred Taxes & Provisions-259812-37546400000000000
Cash flow from operations60,874-42,055-46,641-44,056-109,16532,937-44,717-55,441101,70518,100-6,376-116,932125,98724,23394,037
Investing Activities
capital expenditure-101,066-5,1680410-5,402-3,887-9,395-372-7,744-1,106-801-7,6550-21,000
Change in Investments0000-100000000000100
cash flow from investments-101,066-5,168041100-5,402-3,887-9,395-372-7,744-1,106-801-7,6550-21,100
Financing Activities
Bank loans050,000-20,83320,83300000000000
Group/Directors Accounts-3,999-5,4073,9953,3751,936000100000000
Other Short Term Loans 0-50,00050,000000000000000
Long term loans-50,000-50,000-50,000229,16700000000000
Hire Purchase and Lease Commitments000000000-1,717-2,3554,072000
other long term liabilities00000000000-4,0724,07200
share issue100,0000000000000000101
interest-16,666-17,593-14,839-7,50969809589435775497497813797428183
cash flow from financing29,335-73,000-31,677245,8662,005809589435875-1,220-1,8588134,869428284
cash and cash equivalents
cash-10,857-120,223-78,318201,851-107,06028,344-48,015-64,401102,2089,136-9,340-116,920123,20124,66173,221
overdraft000000000000000
change in cash-10,857-120,223-78,318201,851-107,06028,344-48,015-64,401102,2089,136-9,340-116,920123,20124,66173,221

detail 2 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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Detail 2 Recruitment Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for detail 2 recruitment ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in WA14 area or any other competitors across 12 key performance metrics.

detail 2 recruitment ltd Ownership

DETAIL 2 RECRUITMENT LTD group structure

Detail 2 Recruitment Ltd has 1 subsidiary company.

Ultimate parent company

1 parent

DETAIL 2 RECRUITMENT LTD

06052632

1 subsidiary

DETAIL 2 RECRUITMENT LTD Shareholders

detail 2 recruitment (holdings) limited 100%

detail 2 recruitment ltd directors

Detail 2 Recruitment Ltd currently has 2 directors. The longest serving directors include Mr Richard Wood (Jan 2007) and Mr Michael Wood (Jan 2007).

officercountryagestartendrole
Mr Richard WoodEngland45 years Jan 2007- Director
Mr Michael WoodEngland47 years Jan 2007- Director

P&L

March 2024

turnover

8.6m

+37%

operating profit

13.6k

0%

gross margin

19%

-11.77%

turnover

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

Balance Sheet

March 2024

net assets

342.1k

+0.4%

total assets

1.1m

-0.02%

cash

7.5k

-0.59%

net assets

Total assets minus all liabilities

detail 2 recruitment ltd company details

company number

06052632

Type

Private limited with Share Capital

industry

78300 - Other human resources provision

incorporation date

January 2007

age

18

incorporated

UK

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

detail 2 group ltd (August 2016)

accountant

-

auditor

-

address

5th floor charter house, woodlands road, altrincham, cheshire, WA14 1HF

Bank

-

Legal Advisor

-

detail 2 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 detail 2 recruitment ltd. Currently there are 1 open charges and 0 have been satisfied in the past.

detail 2 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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detail 2 recruitment ltd Companies House Filings - See Documents

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