heidrick & struggles (uk) limited
heidrick & struggles (uk) limited Company Information
Company Number
06240880
Website
www.heidrick.comRegistered Address
31 st. james's square, london, SW1Y 4JR
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Telephone
02070754000
Next Accounts Due
43 days late
Group Structure
View All
Shareholders
heidrick & struggles b.v. 100%
heidrick & struggles (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of HEIDRICK & STRUGGLES (UK) LIMITED at £19.6m based on a Turnover of £57.2m and 0.34x industry multiple (adjusted for size and gross margin).
heidrick & struggles (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of HEIDRICK & STRUGGLES (UK) LIMITED at £35.6m based on an EBITDA of £5.8m and a 6.12x industry multiple (adjusted for size and gross margin).
heidrick & struggles (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of HEIDRICK & STRUGGLES (UK) LIMITED at £0 based on Net Assets of £-11.1m and 1.64x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Heidrick & Struggles (uk) Limited Overview
Heidrick & Struggles (uk) Limited is a live company located in london, SW1Y 4JR with a Companies House number of 06240880. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in May 2007, it's largest shareholder is heidrick & struggles b.v. with a 100% stake. Heidrick & Struggles (uk) Limited is a established, large sized company, Pomanda has estimated its turnover at £57.2m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Heidrick & Struggles (uk) Limited Health Check
Pomanda's financial health check has awarded Heidrick & Struggles (Uk) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
3 Weak
Size
annual sales of £57.2m, make it larger than the average company (£8.1m)
£57.2m - Heidrick & Struggles (uk) Limited
£8.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (3.3%)
12% - Heidrick & Struggles (uk) Limited
3.3% - Industry AVG
Production
with a gross margin of 23%, this company has a comparable cost of product (26.8%)
23% - Heidrick & Struggles (uk) Limited
26.8% - Industry AVG
Profitability
an operating margin of 9.5% make it more profitable than the average company (4.9%)
9.5% - Heidrick & Struggles (uk) Limited
4.9% - Industry AVG
Employees
with 162 employees, this is above the industry average (35)
162 - Heidrick & Struggles (uk) Limited
35 - Industry AVG
Pay Structure
on an average salary of £288.9k, the company has a higher pay structure (£53.1k)
£288.9k - Heidrick & Struggles (uk) Limited
£53.1k - Industry AVG
Efficiency
resulting in sales per employee of £353.2k, this is more efficient (£200.6k)
£353.2k - Heidrick & Struggles (uk) Limited
£200.6k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is earlier than average (50 days)
34 days - Heidrick & Struggles (uk) Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (10 days)
1 days - Heidrick & Struggles (uk) Limited
10 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Heidrick & Struggles (uk) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 27 weeks, this is more cash available to meet short term requirements (12 weeks)
27 weeks - Heidrick & Struggles (uk) Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 122%, this is a higher level of debt than the average (68.3%)
122% - Heidrick & Struggles (uk) Limited
68.3% - Industry AVG
HEIDRICK & STRUGGLES (UK) LIMITED financials
Heidrick & Struggles (Uk) Limited's latest turnover from December 2022 is £57.2 million and the company has net assets of -£11.1 million. According to their latest financial statements, Heidrick & Struggles (Uk) Limited has 162 employees and maintains cash reserves of £32.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 57,218,567 | 49,536,909 | 38,021,055 | 41,215,353 | 37,372,650 | 36,870,340 | 35,339,640 | 31,490,557 | 31,955,315 | 27,786,924 | 27,484,253 | 30,235,457 | 32,972,336 | 24,900,923 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 44,041,034 | 38,069,811 | 26,344,984 | 29,285,339 | 23,977,510 | 20,687,051 | 15,547,831 | 13,583,203 | 13,185,697 | 10,409,938 | 11,998,147 | 15,801,675 | 17,293,637 | 12,702,841 |
| Gross Profit | 13,177,533 | 11,467,098 | 11,676,071 | 11,930,014 | 13,395,140 | 16,183,289 | 19,791,809 | 17,907,354 | 18,769,618 | 17,376,986 | 15,486,106 | 14,433,782 | 15,678,699 | 12,198,082 |
| Admin Expenses | 7,717,795 | 5,438,341 | 8,650,652 | 9,352,735 | 8,178,886 | 11,505,492 | 20,275,614 | 17,030,168 | 16,975,634 | 14,385,679 | 15,046,059 | 14,254,807 | 22,204,592 | 16,487,117 |
| Operating Profit | 5,459,738 | 6,028,757 | 3,025,419 | 2,577,279 | 5,216,254 | 4,677,797 | -483,805 | 877,186 | 1,793,984 | 2,991,307 | 440,047 | 178,975 | -6,525,893 | -4,289,035 |
| Interest Payable | 587,201 | 421,971 | 481,934 | 2,371,227 | 405,735 | 380,585 | 348,850 | 250,023 | 238,201 | 252,850 | 271,614 | 62,380 | 74,197 | 61,525 |
| Interest Receivable | 1,279,616 | 0 | 12,206 | 1,537,611 | 130,052 | 56,359 | 30,310 | 6,535 | 4,176 | 4,286 | 4,779 | 3,149 | 20,957 | 17,936 |
| Pre-Tax Profit | -6,467,621 | 5,606,786 | -8,933,820 | -13,360,689 | 5,093,423 | 3,948,132 | 243,046 | 894,754 | 1,729,308 | 2,634,013 | 173,212 | 69,478 | -6,188,201 | -4,669,326 |
| Tax | -1,330,242 | -886,147 | -745,318 | -619,306 | -179,463 | -1,079,642 | -838,293 | -367,346 | -356,175 | -106,057 | 0 | 0 | 0 | -904,600 |
| Profit After Tax | -7,797,863 | 4,720,639 | -9,679,138 | -13,979,995 | 4,913,960 | 2,868,490 | -595,247 | 527,408 | 1,373,133 | 2,527,956 | 173,212 | 69,478 | -6,188,201 | -5,573,926 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -7,797,863 | 4,720,639 | -9,679,138 | -13,979,995 | 4,913,960 | 2,868,490 | -595,247 | 527,408 | 1,373,133 | 2,527,956 | 173,212 | 69,478 | -6,188,201 | -5,573,926 |
| Employee Costs | 46,800,777 | 39,572,389 | 28,400,925 | 29,285,339 | 23,977,510 | 20,687,051 | 22,041,632 | 20,099,174 | 19,501,400 | 16,434,811 | 15,257,382 | 19,038,754 | 20,848,494 | 15,329,808 |
| Number Of Employees | 162 | 145 | 156 | 152 | 125 | 126 | 126 | 130 | 126 | 131 | 128 | 145 | 148 | 158 |
| EBITDA* | 5,811,921 | 6,365,374 | 3,285,323 | 3,141,253 | 5,737,858 | 5,137,281 | -29,053 | 1,119,078 | 2,416,759 | 3,526,652 | 972,741 | 666,422 | -4,473,354 | -3,153,467 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 658,045 | 897,906 | 1,141,439 | 1,073,674 | 1,243,464 | 841,382 | 1,227,969 | 1,566,946 | 1,642,837 | 1,963,643 | 2,496,824 | 2,908,301 | 3,352,618 | 1,190,858 |
| Intangible Assets | 12,501 | 5,257 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,823,843 |
| Investments & Other | 0 | 11,119,774 | 6,504,506 | 11,489,511 | 27,338,511 | 27,338,511 | 25,988,511 | 7,064,697 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 670,546 | 12,022,937 | 7,645,945 | 12,563,185 | 28,581,975 | 28,179,893 | 27,216,480 | 8,631,643 | 1,642,837 | 1,963,643 | 2,496,824 | 2,908,301 | 3,352,618 | 6,014,701 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 5,484,644 | 5,711,976 | 4,655,477 | 6,714,423 | 4,932,071 | 6,105,278 | 5,460,795 | 4,382,622 | 4,822,972 | 4,664,432 | 4,496,530 | 5,151,539 | 4,989,211 | 3,988,513 |
| Group Debtors | 6,318,440 | 6,247,264 | 6,195,090 | 14,517,576 | 17,662,471 | 6,943,597 | 7,114,932 | 4,398,452 | 5,054,333 | 8,586,364 | 9,339,821 | 10,312,020 | 7,287,542 | 3,190,681 |
| Misc Debtors | 5,672,083 | 4,523,664 | 3,678,506 | 4,248,483 | 5,484,577 | 2,222,669 | 3,641,591 | 1,628,932 | 1,631,527 | 2,068,539 | 1,585,284 | 2,074,268 | 1,172,885 | 3,131,528 |
| Cash | 32,259,413 | 27,868,183 | 22,880,018 | 18,429,944 | 8,757,229 | 13,377,027 | 8,114,929 | 9,063,700 | 7,471,714 | 3,138,473 | 2,899,030 | 4,829,625 | 4,009,410 | 3,425,259 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 49,734,580 | 44,351,087 | 37,409,091 | 43,910,426 | 36,836,348 | 28,648,571 | 24,332,247 | 19,473,706 | 18,980,546 | 18,457,808 | 18,320,665 | 22,367,452 | 17,459,048 | 13,735,981 |
| total assets | 50,405,126 | 56,374,024 | 45,055,036 | 56,473,611 | 65,418,323 | 56,828,464 | 51,548,727 | 28,105,349 | 20,623,383 | 20,421,451 | 20,817,489 | 25,275,753 | 20,811,666 | 19,750,682 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 144,722 | 360,944 | 543,188 | 208,317 | 377,280 | 342,749 | 246,065 | 140,231 | 339,500 | 532,502 | 530,625 | 333,875 | 473,051 | 86,056 |
| Group/Directors Accounts | 26,728,860 | 26,566,006 | 29,821,976 | 32,023,253 | 30,439,303 | 25,772,294 | 18,429,422 | 17,693,588 | 11,508,453 | 15,621,501 | 18,849,766 | 20,674,009 | 16,286,185 | 12,901,706 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 33,426,388 | 31,202,856 | 20,823,558 | 20,260,748 | 16,573,717 | 16,952,637 | 19,240,278 | 11,645,409 | 11,137,938 | 7,893,962 | 7,466,105 | 10,130,574 | 10,086,357 | 5,540,450 |
| total current liabilities | 60,299,970 | 58,129,806 | 51,188,722 | 52,492,318 | 47,390,300 | 43,067,680 | 37,915,765 | 29,479,228 | 22,985,891 | 24,047,965 | 26,846,496 | 31,138,458 | 26,845,593 | 18,528,212 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 341,199 | 682,398 | 1,025,133 | 1,705,994 | 390,729 | 735,283 | 5,833,398 | 1,431,310 | 970,089 | 970,089 | 1,017,593 | 1,237,847 | 1,112,601 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 174,416 | 936,451 |
| provisions | 853,100 | 853,100 | 853,100 | 608,080 | 1,990,080 | 2,292,247 | 1,934,800 | 1,934,800 | 1,934,800 | 2,043,927 | 2,135,863 | 2,198,242 | 2,277,114 | 4,462,847 |
| total long term liabilities | 1,194,299 | 1,535,498 | 1,878,233 | 2,314,074 | 2,380,809 | 3,027,530 | 7,768,198 | 3,366,110 | 2,904,889 | 3,014,016 | 3,153,456 | 3,436,089 | 3,564,131 | 5,399,298 |
| total liabilities | 61,494,269 | 59,665,304 | 53,066,955 | 54,806,392 | 49,771,109 | 46,095,210 | 45,683,963 | 32,845,338 | 25,890,780 | 27,061,981 | 29,999,952 | 34,574,547 | 30,409,724 | 23,927,510 |
| net assets | -11,089,143 | -3,291,280 | -8,011,919 | 1,667,219 | 15,647,214 | 10,733,254 | 5,864,764 | -4,739,989 | -5,267,397 | -6,640,530 | -9,182,463 | -9,298,794 | -9,598,058 | -4,176,828 |
| total shareholders funds | -11,089,143 | -3,291,280 | -8,011,919 | 1,667,219 | 15,647,214 | 10,733,254 | 5,864,764 | -4,739,989 | -5,267,397 | -6,640,530 | -9,182,463 | -9,298,794 | -9,598,058 | -4,176,828 |
| 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 | 5,459,738 | 6,028,757 | 3,025,419 | 2,577,279 | 5,216,254 | 4,677,797 | -483,805 | 877,186 | 1,793,984 | 2,991,307 | 440,047 | 178,975 | -6,525,893 | -4,289,035 |
| Depreciation | 352,183 | 336,617 | 259,904 | 563,974 | 521,604 | 459,484 | 454,752 | 241,892 | 622,775 | 535,345 | 532,694 | 487,447 | 1,786,006 | 869,034 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 266,533 | 266,534 |
| Tax | -1,330,242 | -886,147 | -745,318 | -619,306 | -179,463 | -1,079,642 | -838,293 | -367,346 | -356,175 | -106,057 | 0 | 0 | 0 | -904,600 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 992,263 | 1,953,831 | -10,951,409 | -2,598,637 | 12,807,575 | -945,774 | 5,807,312 | -1,098,826 | -3,810,503 | -102,300 | -2,116,192 | 4,088,189 | 3,138,916 | 10,310,722 |
| Creditors | -216,222 | -182,244 | 334,871 | -168,963 | 34,531 | 96,684 | 105,834 | -199,269 | -193,002 | 1,877 | 196,750 | -139,176 | 386,995 | 86,056 |
| Accruals and Deferred Income | 1,882,333 | 10,036,563 | -118,051 | 5,002,296 | -723,474 | -7,385,756 | 11,996,957 | 968,692 | 3,243,976 | 380,353 | -2,884,723 | 169,463 | 5,658,508 | 5,540,450 |
| Deferred Taxes & Provisions | 0 | 0 | 245,020 | -1,382,000 | -302,167 | 357,447 | 0 | 0 | -109,127 | -91,936 | -62,379 | -78,872 | -2,185,733 | 4,462,847 |
| Cash flow from operations | 5,155,527 | 13,379,715 | 13,953,254 | 8,571,917 | -8,240,290 | -1,928,212 | 5,428,133 | 2,619,981 | 8,812,934 | 3,813,189 | 338,581 | -3,470,352 | -3,752,500 | -4,279,436 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -11,119,774 | 4,615,268 | -4,985,005 | -15,849,000 | 0 | 1,350,000 | 18,923,814 | 7,064,697 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 162,854 | -3,255,970 | -2,201,277 | 1,583,950 | 4,667,009 | 7,342,872 | 735,834 | 6,185,135 | -4,113,048 | -3,228,265 | -1,824,243 | 4,387,824 | 3,384,479 | 12,901,706 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -174,416 | -762,035 | 936,451 |
| share issue | ||||||||||||||
| interest | 692,415 | -421,971 | -469,728 | -833,616 | -275,683 | -324,226 | -318,540 | -243,488 | -234,025 | -248,564 | -266,835 | -59,231 | -53,240 | -43,589 |
| cash flow from financing | 855,269 | -3,677,941 | -2,671,005 | 750,334 | 4,391,326 | 9,018,646 | 11,617,294 | 5,941,647 | -4,347,073 | -3,462,852 | -2,147,959 | 4,383,963 | 3,336,175 | 15,191,666 |
| cash and cash equivalents | ||||||||||||||
| cash | 4,391,230 | 4,988,165 | 4,450,074 | 9,672,715 | -4,619,798 | 5,262,098 | -948,771 | 1,591,986 | 4,333,241 | 239,443 | -1,930,595 | 820,215 | 584,151 | 3,425,259 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 4,391,230 | 4,988,165 | 4,450,074 | 9,672,715 | -4,619,798 | 5,262,098 | -948,771 | 1,591,986 | 4,333,241 | 239,443 | -1,930,595 | 820,215 | 584,151 | 3,425,259 |
heidrick & struggles (uk) limited Credit Report and Business Information
Heidrick & Struggles (uk) Limited Competitor Analysis
Perform a competitor analysis for heidrick & struggles (uk) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in SW1Y area or any other competitors across 12 key performance metrics.
heidrick & struggles (uk) limited Ownership
HEIDRICK & STRUGGLES (UK) LIMITED group structure
Heidrick & Struggles (Uk) Limited has 2 subsidiary companies.
Ultimate parent company
HEIDRICK & STRUGGLES INTERNATIONAL INC
#0037325
HEIDRICK & STRUGGLES BV
#0072958
2 parents
HEIDRICK & STRUGGLES (UK) LIMITED
06240880
2 subsidiaries
heidrick & struggles (uk) limited directors
Heidrick & Struggles (Uk) Limited currently has 3 directors. The longest serving directors include Mr Stephen Bondi (Aug 2021) and Ms Tracey Heaton (May 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Bondi | United States | 65 years | Aug 2021 | - | Director |
| Ms Tracey Heaton | United States | 55 years | May 2022 | - | Director |
| Ms Tracey Heaton | United States | 55 years | May 2022 | - | Director |
P&L
December 2022turnover
57.2m
+16%
operating profit
5.5m
-9%
gross margin
23.1%
-0.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-11.1m
+2.37%
total assets
50.4m
-0.11%
cash
32.3m
+0.16%
net assets
Total assets minus all liabilities
heidrick & struggles (uk) limited company details
company number
06240880
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
May 2007
age
17
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
earthplate limited (June 2007)
accountant
-
auditor
RSM UK AUDIT LLP
address
31 st. james's square, london, SW1Y 4JR
Bank
-
Legal Advisor
-
heidrick & struggles (uk) 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 6 charges/mortgages relating to heidrick & struggles (uk) limited. Currently there are 6 open charges and 0 have been satisfied in the past.
heidrick & struggles (uk) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
