Pomanda estimates the enterprise value of PROGRESS SALES RECRUITMENT LIMITED at £98k based on a Turnover of £273.2k and 0.36x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of PROGRESS SALES RECRUITMENT LIMITED at £0 based on an EBITDA of £-18.9k and a 2.57x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of PROGRESS SALES RECRUITMENT LIMITED at £64.2k based on Net Assets of £27.1k and 2.37x industry multiple (adjusted for liquidity).
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Progress Sales Recruitment LimitedOverview
Progress Sales Recruitment Limited is a live company located in essex, RM1 3JT with a Companies House number of 06360490. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in September 2007, it's largest shareholder is
michael antony graves puddick
with a 25% stake. Progress Sales Recruitment Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£273.2k with
declining
growth in recent years.
Pomanda's financial health check has awarded Progress Sales Recruitment Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
1 Regular
8 Weak
Size
annual sales of £273.2k, make it smaller than the average company (£4.8m)
£273.2k - Progress Sales Recruitment Limited
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (6.6%)
-9% - Progress Sales Recruitment Limited
6.6% - Industry AVG
Production
with a gross margin of 17%, this company has a higher cost of product (38.2%)
17% - Progress Sales Recruitment Limited
38.2% - Industry AVG
Profitability
an operating margin of -6.9% make it less profitable than the average company (5.7%)
-6.9% - Progress Sales Recruitment Limited
5.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (27)
2 - Progress Sales Recruitment Limited
27 - Industry AVG
Pay Structure
on an average salary of £54k, the company has an equivalent pay structure (£54k)
£54k - Progress Sales Recruitment Limited
£54k - Industry AVG
Efficiency
resulting in sales per employee of £136.6k, this is less efficient (£170.9k)
£136.6k - Progress Sales Recruitment Limited
£170.9k - Industry AVG
Debtor Days
it gets paid by customers after 126 days, this is later than average (41 days)
126 days - Progress Sales Recruitment Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 92 days, this is slower than average (32 days)
92 days - Progress Sales Recruitment Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Progress Sales Recruitment Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Progress Sales Recruitment Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.7%, this is a higher level of debt than the average (62.6%)
71.7% - Progress Sales Recruitment Limited
62.6% - Industry AVG
PROGRESS SALES RECRUITMENT LIMITED financials
EXPORT
Progress Sales Recruitment Limited's latest turnover from December 2023 is estimated at £273.2 thousand and the company has net assets of £27.1 thousand. According to their latest financial statements, Progress Sales Recruitment Limited has 2 employees and maintains cash reserves of 0 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
273,245
388,220
495,742
360,306
230,138
147,846
114,332
142,995
105,276
116,422
94,237
79,363
28,897
30,804
Other Income Or Grants
Cost Of Sales
226,879
321,993
418,044
301,696
190,974
123,288
94,882
118,190
88,052
97,806
79,444
66,641
24,041
25,446
Gross Profit
46,366
66,227
77,698
58,610
39,164
24,558
19,449
24,805
17,224
18,616
14,793
12,722
4,856
5,358
Admin Expenses
65,264
94,915
-1,137
48,822
45,963
53,687
-24,277
26,732
18,402
16,920
10,243
12,520
8,597
1,724
-1,122
Operating Profit
-18,898
-28,688
78,835
9,788
-6,799
-29,129
43,726
-1,927
-1,178
1,696
4,550
202
-3,741
3,634
1,122
Interest Payable
Interest Receivable
171
585
355
81
160
174
126
98
160
114
23
Pre-Tax Profit
-18,898
-28,688
78,835
9,788
-6,628
-28,544
44,080
-1,846
-1,018
1,870
4,675
300
-3,581
3,749
1,144
Tax
-14,979
-1,860
-8,375
-393
-1,075
-72
-1,050
-320
Profit After Tax
-18,898
-28,688
63,856
7,928
-6,628
-28,544
35,705
-1,846
-1,018
1,477
3,600
228
-3,581
2,699
824
Dividends Paid
Retained Profit
-18,898
-28,688
63,856
7,928
-6,628
-28,544
35,705
-1,846
-1,018
1,477
3,600
228
-3,581
2,699
824
Employee Costs
108,009
102,633
146,281
185,506
229,849
221,290
209,835
210,344
166,553
41,556
41,136
40,085
39,592
38,475
Number Of Employees
2
2
3
4
5
5
5
5
4
1
1
1
1
1
EBITDA*
-18,898
-28,688
78,835
9,788
-5,950
-28,135
44,780
-719
-153
2,100
4,849
601
-3,295
3,952
1,577
* 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
1,368
1,825
2,433
2,453
2,548
2,981
3,160
3,625
3,074
1,214
899
1,198
1,339
953
1,364
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,368
1,825
2,433
2,453
2,548
2,981
3,160
3,625
3,074
1,214
899
1,198
1,339
953
1,364
Stock & work in progress
Trade Debtors
94,458
151,611
200,221
119,151
44,836
21,672
4,200
18,969
6,600
20,441
11,318
16,201
1,190
970
1,000
Group Debtors
Misc Debtors
1,189
1,364
2,485
7,014
5,382
Cash
45,665
110,244
31,583
33,179
30,968
38,618
11,672
27,411
36,634
9,077
misc current assets
total current assets
94,458
151,611
200,221
119,151
44,836
68,526
115,808
53,037
46,793
51,409
49,936
27,873
28,601
37,604
15,459
total assets
95,826
153,436
202,654
121,604
47,384
71,507
118,968
56,662
49,867
52,623
50,835
29,071
29,940
38,557
16,823
Bank overdraft
Bank loan
Trade Creditors
57,376
89,036
101,567
70,760
44,468
3,154
720
1,168
2,976
46,133
45,885
27,660
21,155
25,563
14,713
Group/Directors Accounts
28,045
24,390
11,363
7,575
8,281
other short term finances
hp & lease commitments
other current liabilities
29,197
54,170
51,386
29,684
total current liabilities
57,376
89,036
101,567
70,760
44,468
60,396
79,280
52,554
44,023
46,133
45,885
27,660
28,730
33,844
14,713
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
11,336
18,388
26,387
40,000
provisions
567
600
725
615
243
180
241
268
190
286
total long term liabilities
11,336
18,388
26,387
40,000
567
600
725
615
243
180
241
268
190
286
total liabilities
68,712
107,424
127,954
110,760
44,468
60,963
79,880
53,279
44,638
46,376
46,065
27,901
28,998
34,034
14,999
net assets
27,114
46,012
74,700
10,844
2,916
10,544
39,088
3,383
5,229
6,247
4,770
1,170
942
4,523
1,824
total shareholders funds
27,114
46,012
74,700
10,844
2,916
10,544
39,088
3,383
5,229
6,247
4,770
1,170
942
4,523
1,824
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
-18,898
-28,688
78,835
9,788
-6,799
-29,129
43,726
-1,927
-1,178
1,696
4,550
202
-3,741
3,634
1,122
Depreciation
849
994
1,054
1,208
1,025
404
299
399
446
318
455
Amortisation
Tax
-14,979
-1,860
-8,375
-393
-1,075
-72
-1,050
-320
Stock
Debtors
-57,153
-48,610
81,070
74,315
21,975
17,297
-15,890
7,840
-6,827
9,123
-4,883
15,011
220
-5,412
6,382
Creditors
-31,660
-12,531
30,807
26,292
41,314
2,434
-448
-1,808
-43,157
248
18,225
6,505
-4,408
10,850
14,713
Accruals and Deferred Income
-29,197
-24,973
2,784
21,702
29,684
Deferred Taxes & Provisions
-567
-33
-125
110
372
63
-61
-27
78
-96
286
Cash flow from operations
6,595
7,391
13,593
-40,095
-16,375
-68,004
54,506
11,445
-6,427
-7,105
26,821
-8,004
-7,845
19,068
9,874
Investing Activities
capital expenditure
457
608
20
95
-416
-815
-589
-1,759
-2,885
-719
-258
-832
93
-1,819
Change in Investments
cash flow from investments
457
608
20
95
-416
-815
-589
-1,759
-2,885
-719
-258
-832
93
-1,819
Financing Activities
Bank loans
Group/Directors Accounts
-28,045
3,655
24,390
-11,363
11,363
-7,575
-706
8,281
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-7,052
-7,999
-13,613
40,000
share issue
-1,000
1,000
interest
171
585
355
81
160
174
126
98
160
114
23
cash flow from financing
-7,052
-7,999
-13,613
40,000
-28,874
4,240
24,745
-11,282
11,523
174
126
-7,477
-546
8,395
1,023
cash and cash equivalents
cash
-45,665
-64,579
78,661
-1,596
2,211
-7,650
26,946
-15,739
-9,223
27,557
9,077
overdraft
change in cash
-45,665
-64,579
78,661
-1,596
2,211
-7,650
26,946
-15,739
-9,223
27,557
9,077
progress sales recruitment limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for progress sales recruitment limited. Get real-time insights into progress sales recruitment limited's credit score, group structure and payment trends.
Perform a competitor analysis for progress sales recruitment limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in RM1 area or any other competitors across 12 key performance metrics.
progress sales recruitment limited Ownership
PROGRESS SALES RECRUITMENT LIMITED group structure
Progress Sales Recruitment Limited has no subsidiary companies.
Ultimate parent company
PROGRESS SALES RECRUITMENT LIMITED
06360490
PROGRESS SALES RECRUITMENT LIMITED Shareholders
The largest shareholders in Progress Sales Recruitment Limited include Michael Antony Graves Puddick and Cassandra Short.
michael antony graves puddick
25%
cassandra short
25%
richard michael mitchell
25%
frances mitchell
25%
progress sales recruitment limited directors
Progress Sales Recruitment Limited currently has 2 directors.
The longest serving directors include
Mr Richard Mitchell (Sep 2007) and
Mr Michael Puddick (May 2008).
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 did not find charges/mortgages relating to progress sales recruitment limited.
progress sales recruitment limited Capital Raised & Share Issues BETA
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progress sales recruitment limitedCompanies House Filings - See Documents
