
Company Number
06649001
Next Accounts
Sep 2025
Shareholders
morestaff holdings ltd
Group Structure
View All
Industry
Temporary employment agency activities
Registered Address
lawford house albert place, finchley, london, N3 1QA
Website
www.morestaff.co.ukPomanda estimates the enterprise value of MORESTAFF RECRUITMENT LTD at £6.1k based on a Turnover of £46.6k and 0.13x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MORESTAFF RECRUITMENT LTD at £0 based on an EBITDA of £0 and a 2.31x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MORESTAFF RECRUITMENT LTD at £0 based on Net Assets of £-834 and 1.3x industry multiple (adjusted for liquidity).
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Morestaff Recruitment Ltd is a live company located in london, N3 1QA with a Companies House number of 06649001. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in July 2008, it's largest shareholder is morestaff holdings ltd with a 100% stake. Morestaff Recruitment Ltd is a established, micro sized company, Pomanda has estimated its turnover at £46.6k with healthy growth in recent years.
Pomanda's financial health check has awarded Morestaff Recruitment Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £46.6k, make it smaller than the average company (£16.2m)
- Morestaff Recruitment Ltd
£16.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (5.9%)
- Morestaff Recruitment Ltd
5.9% - Industry AVG
Production
with a gross margin of 11.1%, this company has a higher cost of product (18.5%)
- Morestaff Recruitment Ltd
18.5% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Morestaff Recruitment Ltd
- - Industry AVG
Employees
with 3 employees, this is below the industry average (56)
3 - Morestaff Recruitment Ltd
56 - Industry AVG
Pay Structure
on an average salary of £52.6k, the company has an equivalent pay structure (£52.6k)
- Morestaff Recruitment Ltd
£52.6k - Industry AVG
Efficiency
resulting in sales per employee of £15.5k, this is less efficient (£244.8k)
- Morestaff Recruitment Ltd
£244.8k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (45 days)
- Morestaff Recruitment Ltd
45 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is slower than average (4 days)
- Morestaff Recruitment Ltd
4 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Morestaff Recruitment Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Morestaff Recruitment Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5312.5%, this is a higher level of debt than the average (71.6%)
5312.5% - Morestaff Recruitment Ltd
71.6% - Industry AVG
Morestaff Recruitment Ltd's latest turnover from December 2023 is estimated at £46.6 thousand and the company has net assets of -£834. According to their latest financial statements, Morestaff Recruitment Ltd has 3 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 | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | -90 | -90 | |||||||||||||
Tax | |||||||||||||||
Profit After Tax | -90 | -90 | |||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | -90 | -90 | |||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 3 | 3 | 2 | 2 | 2 | ||||||||||
EBITDA* |
* 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 | |||||||||||||||
Intangible Assets | |||||||||||||||
Investments & Other | |||||||||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | |||||||||||||||
Stock & work in progress | |||||||||||||||
Trade Debtors | 16 | 16 | 16 | 16 | 16 | 16 | 106 | 196 | 100 | 100 | |||||
Group Debtors | |||||||||||||||
Misc Debtors | |||||||||||||||
Cash | 36 | 126 | 16 | 106 | 196 | 36 | |||||||||
misc current assets | |||||||||||||||
total current assets | 16 | 16 | 16 | 16 | 16 | 16 | 106 | 196 | 36 | 126 | 16 | 106 | 296 | 136 | |
total assets | 16 | 16 | 16 | 16 | 16 | 16 | 106 | 196 | 36 | 126 | 16 | 106 | 296 | 136 | |
Bank overdraft | |||||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 850 | 850 | 850 | 850 | 850 | 850 | 850 | 850 | 600 | 600 | 400 | 400 | 500 | 250 | |
Group/Directors Accounts | |||||||||||||||
other short term finances | |||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | |||||||||||||||
total current liabilities | 850 | 850 | 850 | 850 | 850 | 850 | 850 | 850 | 600 | 600 | 400 | 400 | 500 | 250 | |
loans | |||||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | |||||||||||||||
provisions | |||||||||||||||
total long term liabilities | |||||||||||||||
total liabilities | 850 | 850 | 850 | 850 | 850 | 850 | 850 | 850 | 600 | 600 | 400 | 400 | 500 | 250 | |
net assets | -834 | -834 | -834 | -834 | -834 | -834 | -744 | -654 | -564 | -474 | -384 | -294 | -204 | -114 | |
total shareholders funds | -834 | -834 | -834 | -834 | -834 | -834 | -744 | -654 | -564 | -474 | -384 | -294 | -204 | -114 |
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 | |||||||||||||||
Depreciation | |||||||||||||||
Amortisation | |||||||||||||||
Tax | |||||||||||||||
Stock | |||||||||||||||
Debtors | -90 | -90 | 196 | -100 | 100 | ||||||||||
Creditors | 250 | 200 | -100 | 250 | 250 | ||||||||||
Accruals and Deferred Income | |||||||||||||||
Deferred Taxes & Provisions | |||||||||||||||
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | |||||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | |||||||||||||||
Other Short Term Loans | |||||||||||||||
Long term loans | |||||||||||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | |||||||||||||||
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -36 | -90 | 110 | -90 | -90 | 160 | 36 | ||||||||
overdraft | |||||||||||||||
change in cash | -36 | -90 | 110 | -90 | -90 | 160 | 36 |
Perform a competitor analysis for morestaff recruitment ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in N 3 area or any other competitors across 12 key performance metrics.
MORESTAFF RECRUITMENT LTD group structure
Morestaff Recruitment Ltd has no subsidiary companies.
Morestaff Recruitment Ltd currently has 3 directors. The longest serving directors include Ms Denise Day (Jul 2008) and Mrs Kirsty Bunyan (Apr 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Denise Day | 62 years | Jul 2008 | - | Director | |
Mrs Kirsty Bunyan | 48 years | Apr 2021 | - | Director | |
Ms Jasmine Day | 25 years | Apr 2021 | - | Director |
P&L
December 2023turnover
46.6k
-2%
operating profit
0
0%
gross margin
11.1%
+6.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-834
0%
total assets
16
0%
cash
0
0%
net assets
Total assets minus all liabilities
company number
06649001
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
July 2008
age
17
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
STERLINGS LTD
auditor
-
address
lawford house albert place, finchley, london, N3 1QA
Bank
-
Legal Advisor
-
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 morestaff recruitment ltd.
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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