excite recruitment limited
excite recruitment limited Company Information
Company Number
06710494
Next Accounts
Jun 2025
Shareholders
robert andrew weeks
russell jerome simove
Group Structure
View All
Industry
Temporary employment agency activities
Registered Address
eastleigh business centre, upper market street, eastleigh, hampshire, SO50 9FD
Website
www.exciterecruitment.comexcite recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of EXCITE RECRUITMENT LIMITED at £278.8k based on a Turnover of £2m and 0.14x industry multiple (adjusted for size and gross margin).
excite recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of EXCITE RECRUITMENT LIMITED at £175.7k based on an EBITDA of £71.6k and a 2.45x industry multiple (adjusted for size and gross margin).
excite recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of EXCITE RECRUITMENT LIMITED at £551.1k based on Net Assets of £425.3k and 1.3x industry multiple (adjusted for liquidity).
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Excite Recruitment Limited Overview
Excite Recruitment Limited is a live company located in eastleigh, SO50 9FD with a Companies House number of 06710494. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in September 2008, it's largest shareholder is robert andrew weeks with a 50% stake. Excite Recruitment Limited is a established, small sized company, Pomanda has estimated its turnover at £2m with high growth in recent years.
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Excite Recruitment Limited Health Check
Pomanda's financial health check has awarded Excite Recruitment Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £2m, make it smaller than the average company (£13.6m)
- Excite Recruitment Limited
£13.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (4.7%)
- Excite Recruitment Limited
4.7% - Industry AVG
Production
with a gross margin of 11.4%, this company has a higher cost of product (18.4%)
- Excite Recruitment Limited
18.4% - Industry AVG
Profitability
an operating margin of 3.6% make it more profitable than the average company (2.8%)
- Excite Recruitment Limited
2.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (50)
3 - Excite Recruitment Limited
50 - Industry AVG
Pay Structure
on an average salary of £49.5k, the company has an equivalent pay structure (£49.5k)
- Excite Recruitment Limited
£49.5k - Industry AVG
Efficiency
resulting in sales per employee of £672.9k, this is more efficient (£236.6k)
- Excite Recruitment Limited
£236.6k - Industry AVG
Debtor Days
it gets paid by customers after 87 days, this is later than average (46 days)
- Excite Recruitment Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is slower than average (4 days)
- Excite Recruitment Limited
4 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Excite Recruitment Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Excite Recruitment Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21.7%, this is a lower level of debt than the average (73.1%)
21.7% - Excite Recruitment Limited
73.1% - Industry AVG
EXCITE RECRUITMENT LIMITED financials
Excite Recruitment Limited's latest turnover from September 2023 is estimated at £2 million and the company has net assets of £425.3 thousand. According to their latest financial statements, Excite Recruitment Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 3 | 5 | 5 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 278 | 1,435 | 1,080 | 340 | 680 | 596 | 1,402 | 420 | 113 | 378 | 404 | 166 | 333 | ||
| Intangible Assets | 42,000 | 84,000 | 126,000 | 168,000 | |||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |||||||||
| Total Fixed Assets | 278 | 1,435 | 1,080 | 340 | 680 | 1,596 | 2,402 | 1,420 | 1,113 | 43,378 | 85,404 | 126,166 | 168,333 | ||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 485,815 | 445,483 | 273,448 | 296,471 | 256,551 | 239,445 | 220,587 | 99,996 | 47,578 | 55,931 | 27,678 | 13,894 | 19,468 | 27,379 | 18,378 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 57,010 | 81,600 | 85 | 323 | |||||||||||
| Cash | 101,407 | 124,075 | 72,946 | 43,337 | 28,152 | 27,362 | 31,502 | 17,504 | |||||||
| misc current assets | 333 | ||||||||||||||
| total current assets | 542,825 | 527,083 | 273,533 | 296,794 | 256,551 | 239,778 | 220,587 | 201,403 | 171,653 | 128,877 | 71,015 | 42,046 | 46,830 | 58,881 | 35,882 |
| total assets | 542,825 | 527,083 | 273,811 | 298,229 | 257,631 | 240,118 | 221,267 | 202,999 | 174,055 | 130,297 | 72,128 | 85,424 | 132,234 | 185,047 | 204,215 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 93,439 | 112,864 | 18,322 | 46,425 | 64,415 | 60,116 | 66,839 | 72,667 | 88,744 | 63,112 | 50,940 | 33,574 | 42,205 | 95,822 | 150,301 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 93,439 | 112,864 | 18,322 | 46,425 | 64,415 | 60,116 | 66,839 | 72,667 | 88,744 | 63,112 | 50,940 | 33,574 | 42,205 | 95,822 | 150,301 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 1,629 | 10,148 | 1,470 | 8,174 | 14,250 | 15,358 | 2,135 | ||||||||
| other liabilities | 22,500 | 32,500 | 50,000 | ||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 24,129 | 42,648 | 51,470 | 8,174 | 14,250 | 15,358 | 2,135 | ||||||||
| total liabilities | 117,568 | 155,512 | 69,792 | 54,599 | 78,665 | 75,474 | 68,974 | 72,667 | 88,744 | 63,112 | 50,940 | 33,574 | 42,205 | 95,822 | 150,301 |
| net assets | 425,257 | 371,571 | 204,019 | 243,630 | 178,966 | 164,644 | 152,293 | 130,332 | 85,311 | 67,185 | 21,188 | 51,850 | 90,029 | 89,225 | 53,914 |
| total shareholders funds | 425,257 | 371,571 | 204,019 | 243,630 | 178,966 | 164,644 | 152,293 | 130,332 | 85,311 | 67,185 | 21,188 | 51,850 | 90,029 | 89,225 | 53,914 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 806 | 807 | 322 | 265 | 291 | 369 | 167 | 167 | |||||||
| Amortisation | 42,000 | 42,000 | 42,000 | 42,000 | 42,000 | ||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 15,742 | 253,550 | -23,261 | 40,243 | 17,106 | 18,858 | 119,591 | 52,418 | -8,353 | 28,253 | 13,784 | -5,574 | -6,911 | 9,001 | 18,378 |
| Creditors | -19,425 | 94,542 | -28,103 | -17,990 | 4,299 | -6,723 | -5,828 | -16,077 | 25,632 | 12,172 | 17,366 | -8,631 | -53,617 | -54,479 | 150,301 |
| Accruals and Deferred Income | -8,519 | 8,678 | -6,704 | -6,076 | -1,108 | 13,223 | 2,135 | ||||||||
| 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 | -10,000 | -17,500 | 50,000 | ||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -101,407 | -22,668 | 51,129 | 29,609 | 15,185 | 790 | -4,140 | 13,998 | 17,504 | ||||||
| overdraft | |||||||||||||||
| change in cash | -101,407 | -22,668 | 51,129 | 29,609 | 15,185 | 790 | -4,140 | 13,998 | 17,504 |
excite recruitment limited Credit Report and Business Information
Excite Recruitment Limited Competitor Analysis
Perform a competitor analysis for excite recruitment limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in SO50 area or any other competitors across 12 key performance metrics.
excite recruitment limited Ownership
EXCITE RECRUITMENT LIMITED group structure
Excite Recruitment Limited has no subsidiary companies.
Ultimate parent company
EXCITE RECRUITMENT LIMITED
06710494
excite recruitment limited directors
Excite Recruitment Limited currently has 2 directors. The longest serving directors include Mr Robert Weeks (Sep 2008) and Mr Russell Simove (Sep 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Weeks | England | 48 years | Sep 2008 | - | Director |
| Mr Russell Simove | 51 years | Sep 2008 | - | Director |
P&L
September 2023turnover
2m
+9%
operating profit
71.6k
0%
gross margin
11.5%
+10.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
425.3k
+0.14%
total assets
542.8k
+0.03%
cash
0
0%
net assets
Total assets minus all liabilities
excite recruitment limited company details
company number
06710494
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
September 2008
age
17
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
FERN & CO (ACCOUNTANTS) LIMITED
auditor
-
address
eastleigh business centre, upper market street, eastleigh, hampshire, SO50 9FD
Bank
-
Legal Advisor
-
excite recruitment 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 excite recruitment limited. Currently there are 1 open charges and 0 have been satisfied in the past.
excite recruitment 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.
Click to start generating capital raising & share issue transactions for EXCITE RECRUITMENT LIMITED. This can take several minutes, an email will notify you when this has completed.
excite recruitment limited Companies House Filings - See Documents
| date | description | view/download |
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