think recruitment group limited Company Information
Company Number
06504682
Registered Address
2 trinity place midland drive, sutton coldfield, B72 1TX
Industry
Non-trading company
Activities of head offices
Telephone
01213213322
Next Accounts Due
December 2024
Group Structure
View All
Directors
Darren Isles16 Years
Shareholders
freedom recruitment group ltd 84.8%
ian lucas 14.8%
View Allthink recruitment group limited Estimated Valuation
Pomanda estimates the enterprise value of THINK RECRUITMENT GROUP LIMITED at £766.1k based on a Turnover of £1.3m and 0.6x industry multiple (adjusted for size and gross margin).
think recruitment group limited Estimated Valuation
Pomanda estimates the enterprise value of THINK RECRUITMENT GROUP LIMITED at £0 based on an EBITDA of £-1k and a 4.37x industry multiple (adjusted for size and gross margin).
think recruitment group limited Estimated Valuation
Pomanda estimates the enterprise value of THINK RECRUITMENT GROUP LIMITED at £2.8m based on Net Assets of £1.2m and 2.42x industry multiple (adjusted for liquidity).
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Think Recruitment Group Limited Overview
Think Recruitment Group Limited is a live company located in sutton coldfield, B72 1TX with a Companies House number of 06504682. It operates in the activities of head offices sector, SIC Code 70100. Founded in February 2008, it's largest shareholder is freedom recruitment group ltd with a 84.7% stake. Think Recruitment Group Limited is a established, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.
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Think Recruitment Group Limited Health Check
Pomanda's financial health check has awarded Think Recruitment Group Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
7 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£11.4m)
- Think Recruitment Group Limited
£11.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (4.4%)
- Think Recruitment Group Limited
4.4% - Industry AVG
Production
with a gross margin of 34.6%, this company has a comparable cost of product (34.6%)
- Think Recruitment Group Limited
34.6% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (5.7%)
- Think Recruitment Group Limited
5.7% - Industry AVG
Employees
with 9 employees, this is below the industry average (75)
- Think Recruitment Group Limited
75 - Industry AVG
Pay Structure
on an average salary of £41.7k, the company has an equivalent pay structure (£41.7k)
- Think Recruitment Group Limited
£41.7k - Industry AVG
Efficiency
resulting in sales per employee of £142.5k, this is equally as efficient (£161.3k)
- Think Recruitment Group Limited
£161.3k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is later than average (43 days)
- Think Recruitment Group Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is quicker than average (43 days)
- Think Recruitment Group Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Think Recruitment Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (31 weeks)
0 weeks - Think Recruitment Group Limited
31 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6.4%, this is a lower level of debt than the average (49.1%)
6.4% - Think Recruitment Group Limited
49.1% - Industry AVG
THINK RECRUITMENT GROUP LIMITED financials
Think Recruitment Group Limited's latest turnover from March 2023 is estimated at £1.3 million and the company has net assets of £1.2 million. According to their latest financial statements, we estimate that Think Recruitment Group Limited has 9 employees and maintains cash reserves of £74 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | ||||||||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 1,000,188 | 1,000,007 | 1,000,007 | 7,500,000 | 7,500,000 | 7,500,000 | 7,500,000 | 1,300,002 | 1,300,002 | 1,300,002 | 1,300,002 | 1,300,001 | 1,300,001 | 1,300,001 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,000,188 | 1,000,007 | 1,000,007 | 7,500,000 | 7,500,000 | 7,500,000 | 7,500,000 | 1,300,002 | 1,300,002 | 1,300,002 | 1,300,002 | 1,300,001 | 1,300,001 | 1,300,001 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 229,003 | 230,042 | 474,709 | 228,548 | 265,259 | 0 | 0 | 172,659 | 105,746 | 36,963 | 183,336 | 0 | 0 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 308,149 | 332,019 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 74 | 20 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 229,077 | 230,062 | 474,709 | 228,548 | 265,259 | 308,149 | 332,019 | 172,659 | 105,746 | 36,963 | 183,336 | 0 | 0 | 0 |
total assets | 1,229,265 | 1,230,069 | 1,474,716 | 7,728,548 | 7,765,259 | 7,808,149 | 7,832,019 | 1,472,661 | 1,405,748 | 1,336,965 | 1,483,338 | 1,300,001 | 1,300,001 | 1,300,001 |
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 | 78,396 | 78,154 | 674,464 | 434,670 | 411,490 | 3,001 | 1,651 | 118,530 | 129,116 | 80,656 | 58,341 | 352,964 | 571,012 | 745,355 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 415,823 | 232,423 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 | 0 | 0 | 0 | 0 | 0 | 9,550 | 82,523 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 78,396 | 78,154 | 674,464 | 434,670 | 411,490 | 428,374 | 316,597 | 118,530 | 129,116 | 80,656 | 58,341 | 352,964 | 571,012 | 745,355 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 78,396 | 78,154 | 674,464 | 434,670 | 411,490 | 428,374 | 316,597 | 118,530 | 129,116 | 80,656 | 58,341 | 352,964 | 571,012 | 745,355 |
net assets | 1,150,869 | 1,151,915 | 800,252 | 7,293,878 | 7,353,769 | 7,379,775 | 7,515,422 | 1,354,131 | 1,276,632 | 1,256,309 | 1,424,997 | 947,037 | 728,989 | 554,646 |
total shareholders funds | 1,150,869 | 1,151,915 | 800,252 | 7,293,878 | 7,353,769 | 7,379,775 | 7,515,422 | 1,354,131 | 1,276,632 | 1,256,309 | 1,424,997 | 947,037 | 728,989 | 554,646 |
Mar 2023 | Mar 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -1,039 | -244,667 | 246,161 | -36,711 | -42,890 | -23,870 | 159,360 | 66,913 | 68,783 | -146,373 | 183,336 | 0 | 0 | 0 |
Creditors | 242 | -596,310 | 239,794 | 23,180 | 408,489 | 1,350 | -116,879 | -10,586 | 48,460 | 22,315 | -294,623 | -218,048 | -174,343 | 745,355 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | -9,550 | -72,973 | 82,523 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 181 | 0 | -6,499,993 | 0 | 0 | 0 | 6,199,998 | 0 | 0 | 0 | 1 | 0 | 0 | 1,300,001 |
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 | 0 | 0 | 0 | 0 | -415,823 | 183,400 | 232,423 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 54 | 20 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 54 | 20 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
think recruitment group limited Credit Report and Business Information
Think Recruitment Group Limited Competitor Analysis
Perform a competitor analysis for think recruitment group limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in B72 area or any other competitors across 12 key performance metrics.
think recruitment group limited Ownership
THINK RECRUITMENT GROUP LIMITED group structure
Think Recruitment Group Limited has 3 subsidiary companies.
Ultimate parent company
1 parent
THINK RECRUITMENT GROUP LIMITED
06504682
3 subsidiaries
think recruitment group limited directors
Think Recruitment Group Limited currently has 1 director, Mr Darren Isles serving since Feb 2008.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Darren Isles | England | 49 years | Feb 2008 | - | Director |
P&L
March 2023turnover
1.3m
+2%
operating profit
-1k
0%
gross margin
34.6%
+5.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.2m
0%
total assets
1.2m
0%
cash
74
+2.7%
net assets
Total assets minus all liabilities
think recruitment group limited company details
company number
06504682
Type
Private limited with Share Capital
industry
74990 - Non-trading company
70100 - Activities of head offices
incorporation date
February 2008
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
think investment holdings limited (January 2022)
accountant
-
auditor
-
address
2 trinity place midland drive, sutton coldfield, B72 1TX
Bank
-
Legal Advisor
-
think recruitment group 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 1 charges/mortgages relating to think recruitment group limited. Currently there are 1 open charges and 0 have been satisfied in the past.
think recruitment group limited Companies House Filings - See Documents
date | description | view/download |
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