ngage specialist recruitment limited

ngage specialist recruitment limited Company Information

Share NGAGE SPECIALIST RECRUITMENT LIMITED
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Company Number

06189822

Industry

Temporary employment agency activities

 

Activities of head offices

 

Directors

Adam Herron

Timothy Cook

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Shareholders

westminster bidco ltd

Group Structure

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Contact

Registered Address

5th floor 4 coleman street, london, EC2R 5AR

ngage specialist recruitment limited Estimated Valuation

£320.5m

Pomanda estimates the enterprise value of NGAGE SPECIALIST RECRUITMENT LIMITED at £320.5m based on a Turnover of £512.2m and 0.63x industry multiple (adjusted for size and gross margin).

ngage specialist recruitment limited Estimated Valuation

£114.2m

Pomanda estimates the enterprise value of NGAGE SPECIALIST RECRUITMENT LIMITED at £114.2m based on an EBITDA of £19.5m and a 5.86x industry multiple (adjusted for size and gross margin).

ngage specialist recruitment limited Estimated Valuation

£116m

Pomanda estimates the enterprise value of NGAGE SPECIALIST RECRUITMENT LIMITED at £116m based on Net Assets of £63.3m and 1.83x industry multiple (adjusted for liquidity).

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Ngage Specialist Recruitment Limited Overview

Ngage Specialist Recruitment Limited is a live company located in london, EC2R 5AR with a Companies House number of 06189822. It operates in the activities of head offices sector, SIC Code 70100. Founded in March 2007, it's largest shareholder is westminster bidco ltd with a 100% stake. Ngage Specialist Recruitment Limited is a established, mega sized company, Pomanda has estimated its turnover at £512.2m with high growth in recent years.

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Ngage Specialist Recruitment Limited Health Check

Pomanda's financial health check has awarded Ngage Specialist Recruitment Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £512.2m, make it larger than the average company (£18.2m)

£512.2m - Ngage Specialist Recruitment Limited

£18.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (8.8%)

18% - Ngage Specialist Recruitment Limited

8.8% - Industry AVG

production

Production

with a gross margin of 16.3%, this company has a higher cost of product (25.6%)

16.3% - Ngage Specialist Recruitment Limited

25.6% - Industry AVG

profitability

Profitability

an operating margin of 2.9% make it less profitable than the average company (4.2%)

2.9% - Ngage Specialist Recruitment Limited

4.2% - Industry AVG

employees

Employees

with 702 employees, this is above the industry average (86)

702 - Ngage Specialist Recruitment Limited

86 - Industry AVG

paystructure

Pay Structure

on an average salary of £70.2k, the company has a higher pay structure (£50.2k)

£70.2k - Ngage Specialist Recruitment Limited

£50.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £729.7k, this is more efficient (£208.4k)

£729.7k - Ngage Specialist Recruitment Limited

£208.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 40 days, this is near the average (44 days)

40 days - Ngage Specialist Recruitment Limited

44 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 46 days, this is slower than average (23 days)

46 days - Ngage Specialist Recruitment Limited

23 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ngage Specialist Recruitment Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 12 weeks, this is average cash available to meet short term requirements (11 weeks)

12 weeks - Ngage Specialist Recruitment Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 56.1%, this is a similar level of debt than the average (61.4%)

56.1% - Ngage Specialist Recruitment Limited

61.4% - Industry AVG

NGAGE SPECIALIST RECRUITMENT LIMITED financials

EXPORTms excel logo

Ngage Specialist Recruitment Limited's latest turnover from April 2024 is £512.2 million and the company has net assets of £63.3 million. According to their latest financial statements, Ngage Specialist Recruitment Limited has 702 employees and maintains cash reserves of £16.6 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Mar 2023Apr 2022Apr 2021Apr 2020Mar 2019Mar 2018Mar 2017Apr 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover512,229,000541,463,000471,409,000309,829,000378,949,000341,731,000307,833,000270,756,000260,845,000244,907,000189,790,000151,080,000123,020,000109,452,000104,872,543
Other Income Or Grants000000000000000
Cost Of Sales428,586,000448,231,000392,730,000260,015,000312,298,000281,437,000254,962,000226,134,000216,157,000202,360,000155,555,000123,557,000101,498,00090,698,00087,080,157
Gross Profit83,643,00093,232,00078,679,00049,814,00066,651,00060,294,00052,871,00044,622,00044,688,00042,547,00034,235,00027,523,00021,522,00018,754,00017,792,386
Admin Expenses69,037,00078,065,00060,967,00047,890,00061,499,00055,632,00046,721,00037,718,00035,822,00038,404,00027,993,00022,824,00018,742,00015,884,00018,946,257
Operating Profit14,606,00015,167,00017,712,0001,924,0005,152,0004,662,0006,150,0006,904,0008,866,0004,143,0006,242,0004,699,0002,780,0002,870,000-1,153,871
Interest Payable1,430,0001,825,0001,929,0002,154,0001,892,000725,000603,000602,000716,0001,215,000801,000785,000872,000527,000469,388
Interest Receivable0000000003,000001,0001,00040,512
Pre-Tax Profit13,176,00013,342,00015,783,000-230,0003,260,0003,937,0005,547,0006,302,0008,150,0002,931,0005,441,0003,914,0001,909,0002,344,000-1,582,747
Tax-610,000-2,363,000-2,738,000115,000-1,981,000608,000-1,014,000-1,481,000-1,048,000-772,000-1,467,000-1,162,000-503,000-527,000145,575
Profit After Tax12,566,00010,979,00013,045,000-115,0001,279,0004,545,0004,533,0004,821,0007,102,0002,159,0003,974,0002,752,0001,406,0001,817,000-1,437,172
Dividends Paid000000000000000
Retained Profit11,646,00011,386,00012,289,0002,070,0003,485,0004,545,0003,837,0004,258,0006,490,0001,687,0003,637,0002,641,0001,379,0001,777,000-1,446,464
Employee Costs49,273,00054,929,00046,268,00032,887,00044,397,00037,982,00033,639,00027,333,00027,263,00029,314,00019,997,00016,128,00013,056,00011,077,00012,160,126
Number Of Employees702734641517671636637582571506418350286241237
EBITDA*19,471,00019,635,00021,827,0009,427,00011,173,0007,526,0008,031,0008,091,0009,724,0004,731,0007,163,0005,645,0003,559,0003,534,000-467,483

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Mar 2023Apr 2022Apr 2021Apr 2020Mar 2019Mar 2018Mar 2017Apr 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets1,870,0002,273,0003,410,0003,564,0008,051,0002,225,0001,667,0001,129,0001,646,0001,315,0001,255,000814,000575,000322,000351,614
Intangible Assets23,667,00026,469,00029,555,00018,015,00021,962,00024,506,00014,757,0008,258,0008,593,0007,781,0007,115,0007,643,0008,303,0007,977,0008,949,704
Investments & Other0000000000000017,075
Debtors (Due After 1 year)0004,00000000000000
Total Fixed Assets25,537,00028,742,00032,965,00021,579,00030,013,00026,731,00016,424,0009,387,00010,239,0009,096,0008,370,0008,457,0008,878,0008,299,0009,318,393
Stock & work in progress000000000000000
Trade Debtors56,991,00074,122,00072,723,00040,470,00049,663,00052,900,00045,465,00034,839,00036,693,00037,257,00030,296,00027,447,00020,655,00013,836,00015,526,609
Group Debtors41,581,00081,779,00031,857,00031,101,00031,175,0003,866,0001,785,000152,0001,071,0000123,000118,0000495,0000
Misc Debtors16,122,00023,620,00013,907,0009,904,00010,207,0002,899,000701,000352,000341,0009,728,0007,984,0004,578,0003,288,0002,689,0002,533,017
Cash16,563,00014,607,00022,663,0008,734,0007,984,0006,541,0001,895,0003,857,0002,750,0001,547,000563,000205,00070,000266,000471,837
misc current assets0000012,152,0009,392,00010,639,0009,610,000000000
total current assets131,257,000194,128,000141,150,00090,209,00099,029,00078,358,00059,238,00049,839,00050,465,00048,532,00038,966,00032,348,00024,013,00017,286,00018,531,463
total assets156,794,000222,870,000174,115,000111,788,000129,042,000105,089,00075,662,00059,226,00060,704,00057,628,00047,336,00040,805,00032,891,00025,585,00027,849,856
Bank overdraft000000000000216,00000
Bank loan00000000000833,0001,000,000500,000500,000
Trade Creditors 55,006,00036,893,00042,522,00014,977,00015,175,00020,074,00012,159,00010,525,0004,404,0005,548,0004,272,0002,158,0003,504,0001,173,0001,478,282
Group/Directors Accounts000000000001,352,0002,703,00010,462,00014,660,226
other short term finances018,00014,151,0007,215,00016,122,00014,089,0000016,825,000020,699,00020,372,00012,672,0003,768,0001,285,334
hp & lease commitments1,170,0001,304,0001,269,0001,548,0002,809,0000000000000
other current liabilities14,887,000112,001,00057,076,00046,867,00050,399,00030,267,00034,767,00025,748,00021,380,00041,178,00011,863,0009,586,0007,870,0006,093,0007,664,556
total current liabilities71,063,000150,216,000115,018,00070,607,00084,505,00064,430,00046,926,00036,273,00042,609,00046,726,00036,834,00034,301,00027,965,00021,996,00025,588,398
loans29,856,00031,306,00024,464,00018,124,00023,152,00013,100,000686,000538,000570,000536,00020,00020,0001,015,000837,0001,125,000
hp & lease commitments1,465,0002,530,000216,0001,105,0004,217,0000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000005,025
provisions4,044,0004,656,0003,612,000638,0001,958,0005,460,0003,118,000844,000738,000596,000281,000257,000436,000683,000919,149
total long term liabilities16,950,00017,981,00014,038,0009,381,00012,555,0009,280,0001,902,000691,000654,000566,000301,000277,0001,451,0001,520,0002,049,174
total liabilities88,013,000168,197,000129,056,00079,988,00097,060,00073,710,00048,828,00036,964,00043,263,00047,292,00037,135,00034,578,00029,416,00023,516,00027,637,572
net assets63,313,00047,799,00039,693,00028,850,00026,730,00023,921,00024,410,00020,573,00016,315,0009,822,0009,682,0006,045,0003,404,0002,025,000212,284
total shareholders funds63,313,00047,799,00039,693,00028,850,00026,730,00023,921,00024,410,00020,573,00016,315,0009,822,0009,682,0006,045,0003,404,0002,025,000212,284
Apr 2024Mar 2023Apr 2022Apr 2021Apr 2020Mar 2019Mar 2018Mar 2017Apr 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit14,606,00015,167,00017,712,0001,924,0005,152,0004,662,0006,150,0006,904,0008,866,0004,143,0006,242,0004,699,0002,780,0002,870,000-1,153,871
Depreciation1,433,0001,201,0002,319,0003,184,0002,895,000904,000805,000776,000663,000588,000393,000286,000259,000171,000168,239
Amortisation3,432,0003,267,0001,796,0004,319,0003,126,0001,960,0001,076,000411,000195,0000528,000660,000520,000493,000518,149
Tax-610,000-2,363,000-2,738,000115,000-1,981,000608,000-1,014,000-1,481,000-1,048,000-772,000-1,467,000-1,162,000-503,000-527,000145,575
Stock000000000000000
Debtors-64,827,00061,034,00037,008,000-9,566,00031,380,00011,714,00012,608,000-2,762,000-8,880,0008,582,0006,260,0008,200,0006,923,000-1,039,62618,059,626
Creditors18,113,000-5,629,00027,545,000-198,000-4,899,0007,915,0001,634,0006,121,000-1,144,0001,276,0002,114,000-1,346,0002,331,000-305,2821,478,282
Accruals and Deferred Income-97,114,00054,925,00010,209,000-3,532,00020,132,000-4,500,0009,019,0004,368,000-19,798,00029,315,0002,277,0001,716,0001,777,000-1,571,5567,664,556
Deferred Taxes & Provisions-612,0001,044,0002,974,000-1,320,000-3,502,0002,342,0002,274,000106,000142,000315,00024,000-179,000-247,000-236,149919,149
Cash flow from operations4,075,0006,578,00022,809,00014,058,000-10,457,0002,177,0007,336,00019,967,000-3,244,00026,283,0003,851,000-3,526,000-6,0001,933,639-8,319,547
Investing Activities
capital expenditure-1,660,000-245,000-15,501,000931,000-9,303,000-13,171,000-8,918,000-335,000-2,001,000-1,314,000-847,000-525,000-402,000-149,000-54,836
Change in Investments0000000000000-17,07517,075
cash flow from investments-1,660,000-245,000-15,501,000931,000-9,303,000-13,171,000-8,918,000-335,000-2,001,000-1,314,000-847,000-525,000-402,000-131,925-71,911
Financing Activities
Bank loans0000000000-833,000-167,000500,0000500,000
Group/Directors Accounts0000000000-1,352,000-1,351,000-7,759,000-4,198,22614,660,226
Other Short Term Loans -18,000-14,133,0006,936,000-8,907,0002,033,00014,089,0000-16,825,00016,825,000-20,699,000327,0007,700,0008,904,0002,482,6661,285,334
Long term loans-1,450,0006,842,0006,340,000-5,028,00010,052,00012,414,000148,000-32,00034,000516,0000-995,000178,000-288,0001,125,000
Hire Purchase and Lease Commitments-1,199,0002,349,000-1,168,000-4,373,0007,026,0000000000000
other long term liabilities0000000000000-5,0255,025
share issue3,868,000-3,280,000-1,446,00050,000-676,000-5,034,000003,000-1,547,00000035,7161,658,748
interest-1,430,000-1,825,000-1,929,000-2,154,000-1,892,000-725,000-603,000-602,000-716,000-1,212,000-801,000-785,000-871,000-526,000-428,876
cash flow from financing-229,000-10,047,0008,733,000-20,412,00016,543,00020,744,000-455,000-17,459,00016,146,000-22,942,000-2,659,0004,402,000952,000-2,498,86918,805,457
cash and cash equivalents
cash1,956,000-8,056,00013,929,000750,0001,443,0004,646,000-1,962,0001,107,0001,203,000984,000358,000135,000-196,000-205,837471,837
overdraft00000000000-216,000216,00000
change in cash1,956,000-8,056,00013,929,000750,0001,443,0004,646,000-1,962,0001,107,0001,203,000984,000358,000351,000-412,000-205,837471,837

ngage specialist 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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Ngage Specialist Recruitment Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ngage specialist recruitment limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in EC2R area or any other competitors across 12 key performance metrics.

ngage specialist recruitment limited Ownership

NGAGE SPECIALIST RECRUITMENT LIMITED Shareholders

westminster bidco ltd 100%

ngage specialist recruitment limited directors

Ngage Specialist Recruitment Limited currently has 3 directors. The longest serving directors include Mr Adam Herron (Apr 2008) and Mr Timothy Cook (Apr 2013).

officercountryagestartendrole
Mr Adam HerronUnited Kingdom51 years Apr 2008- Director
Mr Timothy CookUnited Kingdom56 years Apr 2013- Director
Mr Andrew BurchallUnited Kingdom60 years Sep 2015- Director

P&L

April 2024

turnover

512.2m

-5%

operating profit

14.6m

-4%

gross margin

16.4%

-5.16%

turnover

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

Balance Sheet

April 2024

net assets

63.3m

+0.32%

total assets

156.8m

-0.3%

cash

16.6m

+0.13%

net assets

Total assets minus all liabilities

ngage specialist recruitment limited company details

company number

06189822

Type

Private limited with Share Capital

industry

78200 - Temporary employment agency activities

70100 - Activities of head offices

incorporation date

March 2007

age

18

incorporated

UK

ultimate parent company

accounts

Group

last accounts submitted

April 2024

previous names

human capital investment (group) limited (October 2015)

hb human capital limited (January 2012)

accountant

-

auditor

ERNST & YOUNG LLP

address

5th floor 4 coleman street, london, EC2R 5AR

Bank

-

Legal Advisor

-

ngage specialist 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 11 charges/mortgages relating to ngage specialist recruitment limited. Currently there are 2 open charges and 9 have been satisfied in the past.

ngage specialist recruitment 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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ngage specialist recruitment limited Companies House Filings - See Documents

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