essex recruitment services limited
essex recruitment services limited Company Information
Group Structure
View All
Industry
Temporary employment agency activities
+1Registered Address
2 ranger walk, colchester, colchester, essex, CO2 8BY
essex recruitment services limited Estimated Valuation
Pomanda estimates the enterprise value of ESSEX RECRUITMENT SERVICES LIMITED at £49.3k based on a Turnover of £267.7k and 0.18x industry multiple (adjusted for size and gross margin).
essex recruitment services limited Estimated Valuation
Pomanda estimates the enterprise value of ESSEX RECRUITMENT SERVICES LIMITED at £0 based on an EBITDA of £-6.6k and a 2.54x industry multiple (adjusted for size and gross margin).
essex recruitment services limited Estimated Valuation
Pomanda estimates the enterprise value of ESSEX RECRUITMENT SERVICES LIMITED at £29.3k based on Net Assets of £17.1k and 1.72x industry multiple (adjusted for liquidity).
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Essex Recruitment Services Limited Overview
Essex Recruitment Services Limited is a live company located in colchester, CO2 8BY with a Companies House number of 06517815. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in February 2008, it's largest shareholder is adrian frost with a 100% stake. Essex Recruitment Services Limited is a established, micro sized company, Pomanda has estimated its turnover at £267.7k with rapid growth in recent years.
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Essex Recruitment Services Limited Health Check
Pomanda's financial health check has awarded Essex Recruitment Services Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £267.7k, make it smaller than the average company (£6.8m)
- Essex Recruitment Services Limited
£6.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (5.6%)
- Essex Recruitment Services Limited
5.6% - Industry AVG
Production
with a gross margin of 15.2%, this company has a higher cost of product (27.3%)
- Essex Recruitment Services Limited
27.3% - Industry AVG
Profitability
an operating margin of -2.4% make it less profitable than the average company (2.6%)
- Essex Recruitment Services Limited
2.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (26)
- Essex Recruitment Services Limited
26 - Industry AVG
Pay Structure
on an average salary of £39.2k, the company has an equivalent pay structure (£39.2k)
- Essex Recruitment Services Limited
£39.2k - Industry AVG
Efficiency
resulting in sales per employee of £267.7k, this is more efficient (£195.8k)
- Essex Recruitment Services Limited
£195.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Essex Recruitment Services Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Essex Recruitment Services Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 142 days, this is more than average (43 days)
- Essex Recruitment Services Limited
43 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Essex Recruitment Services Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.1%, this is a higher level of debt than the average (71.2%)
82.1% - Essex Recruitment Services Limited
71.2% - Industry AVG
ESSEX RECRUITMENT SERVICES LIMITED financials
Essex Recruitment Services Limited's latest turnover from March 2024 is estimated at £267.7 thousand and the company has net assets of £17.1 thousand. According to their latest financial statements, we estimate that Essex Recruitment Services Limited has 1 employee and maintains cash reserves of £25 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | May 2010 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 72,842 | 55,355 | 109,244 | 109,244 | 55,015 | 76,848 | 243,837 | 336,799 | 326,444 | 403,768 | 460,947 | |||||
| Other Income Or Grants | ||||||||||||||||
| Cost Of Sales | 15,048 | 42,939 | 97,477 | 97,477 | 44,543 | 65,902 | 224,065 | 309,504 | 267,593 | 332,086 | 382,315 | |||||
| Gross Profit | 57,794 | 12,416 | 11,767 | 11,767 | 10,472 | 10,946 | 19,772 | 27,295 | 58,851 | 71,682 | 78,632 | |||||
| Admin Expenses | 16,669 | 13,586 | 12,000 | 12,000 | 20,015 | 13,004 | 13,646 | 13,382 | 27,997 | 59,484 | 66,112 | |||||
| Operating Profit | 41,125 | -1,170 | -233 | -233 | -9,543 | -2,058 | 6,126 | 13,913 | 30,854 | 12,198 | 12,520 | |||||
| Interest Payable | 1,143 | 2,724 | 3,632 | |||||||||||||
| Interest Receivable | ||||||||||||||||
| Pre-Tax Profit | 41,125 | -1,170 | -233 | -233 | -9,543 | -2,058 | 6,126 | 13,913 | 30,854 | 12,198 | 12,520 | |||||
| Tax | -6,670 | -1,282 | -2,814 | |||||||||||||
| Profit After Tax | 34,455 | -1,170 | -233 | -233 | -9,543 | -2,058 | 4,844 | 11,099 | 30,854 | 12,198 | 12,520 | |||||
| Dividends Paid | 4,462 | 9,153 | ||||||||||||||
| Retained Profit | 34,455 | -1,170 | -233 | -233 | -9,543 | -2,058 | 382 | 1,946 | 30,854 | 12,198 | 12,520 | |||||
| Employee Costs | 14,030 | 42,859 | 45,124 | |||||||||||||
| Number Of Employees | ||||||||||||||||
| EBITDA* | 41,900 | -395 | -233 | 1,067 | -8,014 | -1,282 | 7,161 | 15,293 | 32,390 | 12,198 | 14,330 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | May 2010 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,500 | 1,500 | 689 | 1,464 | 2,239 | 3,014 | 3,203 | 3,542 | 2,329 | 3,105 | 4,140 | 4,640 | 5,430 | 5,430 | ||
| Intangible Assets | ||||||||||||||||
| Investments & Other | ||||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||||
| Total Fixed Assets | 1,500 | 1,500 | 689 | 1,464 | 2,239 | 3,014 | 3,203 | 3,542 | 2,329 | 3,105 | 4,140 | 4,640 | 5,430 | 5,430 | ||
| Stock & work in progress | 88,696 | 79,558 | 71,869 | 32,135 | ||||||||||||
| Trade Debtors | 1,909 | 2,532 | 8,275 | 644 | 644 | |||||||||||
| Group Debtors | ||||||||||||||||
| Misc Debtors | 6,791 | 2,999 | 10,376 | 7,189 | 2,566 | |||||||||||
| Cash | 25 | 10,332 | 13,880 | 2,065 | 12,205 | 11,031 | 187 | 466 | 204 | 247 | 275 | 1,648 | 6,704 | 628 | 1,002 | 1,003 |
| misc current assets | 1,729 | 1,683 | 490 | 299 | 299 | 463 | ||||||||||
| total current assets | 95,512 | 92,889 | 96,125 | 41,389 | 14,771 | 11,031 | 187 | 466 | 1,933 | 3,839 | 3,297 | 10,222 | 7,003 | 1,091 | 1,646 | 1,647 |
| total assets | 95,512 | 94,389 | 97,625 | 41,389 | 15,460 | 12,495 | 2,426 | 3,480 | 5,136 | 7,381 | 5,626 | 13,327 | 11,143 | 5,731 | 7,076 | 7,077 |
| Bank overdraft | ||||||||||||||||
| Bank loan | ||||||||||||||||
| Trade Creditors | 50 | 100 | 100 | 1 | ||||||||||||
| Group/Directors Accounts | 78,442 | 76,624 | 81,846 | 44,573 | 8,233 | 4,116 | 8,615 | 13,299 | 1,426 | 394 | 4,586 | 3,934 | 28,326 | 28,326 | ||
| other short term finances | ||||||||||||||||
| hp & lease commitments | ||||||||||||||||
| other current liabilities | 3,603 | 11,914 | 10,854 | 211 | 4,211 | 4,131 | 1,459 | 2,134 | 8,809 | 2,814 | 5,317 | 5,317 | ||||
| total current liabilities | 78,442 | 76,624 | 85,449 | 44,573 | 11,914 | 10,904 | 8,444 | 8,327 | 12,846 | 14,858 | 3,560 | 9,203 | 7,400 | 3,934 | 33,643 | 33,644 |
| loans | ||||||||||||||||
| hp & lease commitments | ||||||||||||||||
| Accruals and Deferred Income | ||||||||||||||||
| other liabilities | ||||||||||||||||
| provisions | ||||||||||||||||
| total long term liabilities | ||||||||||||||||
| total liabilities | 78,442 | 76,624 | 85,449 | 44,573 | 11,914 | 10,904 | 8,444 | 8,327 | 12,846 | 14,858 | 3,560 | 9,203 | 7,400 | 3,934 | 33,643 | 33,644 |
| net assets | 17,070 | 17,765 | 12,176 | -3,184 | 3,546 | 1,591 | -6,018 | -4,847 | -7,710 | -7,477 | 2,066 | 4,124 | 3,743 | 1,797 | -26,567 | -26,567 |
| total shareholders funds | 17,070 | 17,765 | 12,176 | -3,184 | 3,546 | 1,591 | -6,018 | -4,847 | -7,710 | -7,477 | 2,066 | 4,124 | 3,743 | 1,797 | -26,567 | -26,567 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | May 2010 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Profit | 41,125 | -1,170 | -233 | -233 | -9,543 | -2,058 | 6,126 | 13,913 | 30,854 | 12,198 | 12,520 | |||||
| Depreciation | 775 | 775 | 1,300 | 1,529 | 776 | 1,035 | 1,380 | 1,536 | 1,810 | |||||||
| Amortisation | ||||||||||||||||
| Tax | -6,670 | -1,282 | -2,814 | |||||||||||||
| Stock | 9,138 | 7,689 | 39,734 | 32,135 | ||||||||||||
| Debtors | 3,792 | -7,377 | 3,187 | 4,623 | 2,566 | -1,909 | -623 | -5,743 | 8,275 | -644 | 644 | 644 | ||||
| Creditors | -50 | 50 | -100 | 100 | 1 | |||||||||||
| Accruals and Deferred Income | -3,603 | 3,603 | -11,914 | 1,060 | 10,643 | -4,000 | 80 | 2,672 | -675 | -6,675 | 5,995 | 2,814 | -5,317 | 5,317 | 5,317 | |
| Deferred Taxes & Provisions | ||||||||||||||||
| Cash flow from operations | 45,923 | -4,395 | 5,648 | -7,966 | -2,214 | 3,599 | 15,293 | 27,717 | 16,871 | 19,004 | ||||||
| Investing Activities | ||||||||||||||||
| capital expenditure | ||||||||||||||||
| Change in Investments | ||||||||||||||||
| cash flow from investments | ||||||||||||||||
| Financing Activities | ||||||||||||||||
| Bank loans | ||||||||||||||||
| Group/Directors Accounts | 1,818 | -5,222 | 37,273 | 44,573 | -8,233 | 4,117 | -4,499 | -4,684 | 11,873 | 1,032 | -4,192 | 652 | -24,392 | 28,326 | 28,326 | |
| Other Short Term Loans | ||||||||||||||||
| Long term loans | ||||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||||
| other long term liabilities | ||||||||||||||||
| share issue | ||||||||||||||||
| interest | -1,143 | -2,724 | -3,632 | |||||||||||||
| cash flow from financing | -35,079 | 4,116 | -1,403 | -4,684 | 11,873 | 1,032 | -4,193 | 652 | -28,025 | -13,163 | -14,393 | |||||
| cash and cash equivalents | ||||||||||||||||
| cash | -10,307 | -3,548 | 11,815 | -10,140 | 1,174 | 10,844 | -279 | 262 | -43 | -28 | -1,373 | -5,056 | 6,076 | -374 | 1,002 | 1,003 |
| overdraft | ||||||||||||||||
| change in cash | -10,307 | -3,548 | 11,815 | -10,140 | 1,174 | 10,844 | -279 | 262 | -43 | -28 | -1,373 | -5,056 | 6,076 | -374 | 1,002 | 1,003 |
essex recruitment services limited Credit Report and Business Information
Essex Recruitment Services Limited Competitor Analysis
Perform a competitor analysis for essex recruitment services limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in CO2 area or any other competitors across 12 key performance metrics.
essex recruitment services limited Ownership
ESSEX RECRUITMENT SERVICES LIMITED group structure
Essex Recruitment Services Limited has no subsidiary companies.
Ultimate parent company
ESSEX RECRUITMENT SERVICES LIMITED
06517815
essex recruitment services limited directors
Essex Recruitment Services Limited currently has 1 director, Mr Adrian Frost serving since Feb 2008.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adrian Frost | 54 years | Feb 2008 | - | Director |
P&L
March 2024turnover
267.7k
+14%
operating profit
-6.6k
0%
gross margin
15.2%
-2.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
17.1k
-0.04%
total assets
95.5k
+0.01%
cash
25
-1%
net assets
Total assets minus all liabilities
essex recruitment services limited company details
company number
06517815
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
47910 - Retail sale via mail order houses or via Internet
incorporation date
February 2008
age
17
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
2 ranger walk, colchester, colchester, essex, CO2 8BY
Bank
-
Legal Advisor
-
essex recruitment services 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 2 charges/mortgages relating to essex recruitment services limited. Currently there are 2 open charges and 0 have been satisfied in the past.
essex recruitment services 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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essex recruitment services limited Companies House Filings - See Documents
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