absolutely recruitment ltd

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absolutely recruitment ltd Company Information

Share ABSOLUTELY RECRUITMENT LTD

Company Number

06722679

Shareholders

anne lapham

Group Structure

View All

Industry

Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.

 +1

Registered Address

9a sandy lodge road, rickmansworth, WD3 1LP

absolutely recruitment ltd Estimated Valuation

£67.2k

Pomanda estimates the enterprise value of ABSOLUTELY RECRUITMENT LTD at £67.2k based on a Turnover of £534.1k and 0.13x industry multiple (adjusted for size and gross margin).

absolutely recruitment ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of ABSOLUTELY RECRUITMENT LTD at £0 based on an EBITDA of £-232.6k and a 2.23x industry multiple (adjusted for size and gross margin).

absolutely recruitment ltd Estimated Valuation

£9k

Pomanda estimates the enterprise value of ABSOLUTELY RECRUITMENT LTD at £9k based on Net Assets of £7k and 1.29x industry multiple (adjusted for liquidity).

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Absolutely Recruitment Ltd Overview

Absolutely Recruitment Ltd is a live company located in rickmansworth, WD3 1LP with a Companies House number of 06722679. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in October 2008, it's largest shareholder is anne lapham with a 100% stake. Absolutely Recruitment Ltd is a established, small sized company, Pomanda has estimated its turnover at £534.1k with rapid growth in recent years.

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Absolutely Recruitment Ltd Health Check

Pomanda's financial health check has awarded Absolutely Recruitment Ltd a 1.5 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

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £534.1k, make it smaller than the average company (£10.1m)

£534.1k - Absolutely Recruitment Ltd

£10.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 54%, show it is growing at a faster rate (8.3%)

54% - Absolutely Recruitment Ltd

8.3% - Industry AVG

production

Production

with a gross margin of 12.2%, this company has a higher cost of product (20.6%)

12.2% - Absolutely Recruitment Ltd

20.6% - Industry AVG

profitability

Profitability

an operating margin of -43.5% make it less profitable than the average company (2.8%)

-43.5% - Absolutely Recruitment Ltd

2.8% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (45)

4 - Absolutely Recruitment Ltd

45 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.8k, the company has an equivalent pay structure (£49.8k)

£49.8k - Absolutely Recruitment Ltd

£49.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £133.5k, this is less efficient (£187.8k)

£133.5k - Absolutely Recruitment Ltd

£187.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 52 days, this is later than average (42 days)

52 days - Absolutely Recruitment Ltd

42 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 57 days, this is slower than average (6 days)

57 days - Absolutely Recruitment Ltd

6 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Absolutely Recruitment Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Absolutely Recruitment Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 91.5%, this is a higher level of debt than the average (67.5%)

91.5% - Absolutely Recruitment Ltd

67.5% - Industry AVG

ABSOLUTELY RECRUITMENT LTD financials

EXPORTms excel logo

Absolutely Recruitment Ltd's latest turnover from March 2024 is estimated at £534.1 thousand and the company has net assets of £7 thousand. According to their latest financial statements, Absolutely Recruitment Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover534,0551,101,216346,089145,706292,383377,683163,406129,273180,738320,433231,299118,274126,734161,42199,488
Other Income Or Grants
Cost Of Sales468,959963,907305,96040,878257,042332,425143,721113,071157,871278,553200,401101,818108,155136,72284,164
Gross Profit65,097137,30940,129104,82835,34145,25919,68516,20122,86741,88030,89816,45518,57924,69915,324
Admin Expenses297,67287,697-67,41749,74418,5924,8246,21126,03127,22624,53814,82029,45424,064-25,7862,590
Operating Profit-232,57549,612107,54655,08416,74940,43513,474-9,830-4,35917,34216,078-12,999-5,48550,48512,734
Interest Payable
Interest Receivable3,50612447431715283146156839725118021
Pre-Tax Profit-232,57553,119107,00555,12816,82340,75213,626-9,747-4,21317,49716,161-12,902-5,23450,66512,756
Tax-10,093-20,331-10,764-3,196-7,743-2,589-3,674-3,717-14,186-3,572
Profit After Tax-232,57543,02686,67444,36413,62733,00911,037-9,747-4,21313,82312,444-12,902-5,23436,4799,184
Dividends Paid32,000
Retained Profit-232,57543,02686,67412,36413,62733,00911,037-9,747-4,21313,82312,444-12,902-5,23436,4799,184
Employee Costs199,084486,293582,555527,149538,920530,01339,60039,10538,45437,78037,14036,31435,84034,59035,585
Number Of Employees41013131313111111111
EBITDA*-232,57550,945109,13456,80718,88842,96715,770-7,324-1,53119,93317,558-11,970-3,53952,45014,207

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets4,3233,9973,9565,1706,4157,5946,8867,5178,4867,7734,4383,0894,1185,8944,420
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets4,3233,9973,9565,1706,4157,5946,8867,5178,4867,7734,4383,0894,1185,8944,420
Stock & work in progress
Trade Debtors76,314285,19266,42633,60334,41464,55344,64225,11649,47952,94935,36011,09518,25813,81612,600
Group Debtors
Misc Debtors1,4423,46510,00010,00010,00010,00010,00036,000
Cash164,998140,59285,70262,60321,80438,86927,70930,81331,4591,63436,98363,5928,480
misc current assets
total current assets77,756288,657241,424184,195130,116137,15676,44663,98577,18883,76266,81948,72955,24177,40821,080
total assets82,079292,654245,380189,365136,531144,75083,33271,50285,67491,53571,25751,81859,35983,30225,500
Bank overdraft10,000
Bank loan
Trade Creditors 73,48352,0081,6101,8237,32110,6191,1579,83157837,74031,28524,29018,92937,63816,315
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities47,22427,67031,70250,25031,30321,83635,514
total current liabilities73,48352,00848,83439,49339,02360,86932,46031,66736,09237,74031,28524,29018,92937,63816,315
loans40,000
hp & lease commitments
Accruals and Deferred Income1,6001,075
other liabilities
provisions
total long term liabilities1,6001,07540,000
total liabilities75,08353,08348,83479,49339,02360,86932,46031,66736,09237,74031,28524,29018,92937,63816,315
net assets6,996239,571196,546109,87297,50883,88150,87239,83549,58253,79539,97227,52840,43045,6649,185
total shareholders funds6,996239,571196,546109,87297,50883,88150,87239,83549,58253,79539,97227,52840,43045,6649,185
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-232,57549,612107,54655,08416,74940,43513,474-9,830-4,35917,34216,078-12,999-5,48550,48512,734
Depreciation1,3331,5881,7232,1392,5322,2962,5062,8282,5911,4801,0291,9461,9651,473
Amortisation
Tax-10,093-20,331-10,764-3,196-7,743-2,589-3,674-3,717-14,186-3,572
Stock
Debtors-210,901212,23132,823-811-30,13919,91129,526-24,363-3,47017,589-11,73528,8374,4421,21612,600
Creditors21,47550,398-213-5,498-3,2989,462-8,6749,253-37,1626,4556,9955,361-18,70921,32316,315
Accruals and Deferred Income525-46,14919,554-4,032-18,54818,9479,467-13,67835,514
Deferred Taxes & Provisions
Cash flow from operations326-167,13075,32137,32423,98543,722-15,55212,6142915,12532,571-35,446-26,69058,37114,350
Investing Activities
capital expenditure-326-1,374-374-478-960-3,240-1,665-1,537-3,541-5,926-2,829-170-3,439-5,893
Change in Investments
cash flow from investments-326-1,374-374-478-960-3,240-1,665-1,537-3,541-5,926-2,829-170-3,439-5,893
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-40,00040,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue-11
interest3,50612447431715283146156839725118021
cash flow from financing3,505-39,98840,0447431715283146156839725118022
cash and cash equivalents
cash-164,99824,40654,89023,09940,799-17,06511,160-3,104-64629,825-35,349-26,60955,1128,480
overdraft-10,00010,000
change in cash-164,99834,40644,89023,09940,799-17,06511,160-3,104-64629,825-35,349-26,60955,1128,480

absolutely recruitment ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Absolutely Recruitment Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for absolutely recruitment ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in WD3 area or any other competitors across 12 key performance metrics.

absolutely recruitment ltd Ownership

ABSOLUTELY RECRUITMENT LTD group structure

Absolutely Recruitment Ltd has no subsidiary companies.

Ultimate parent company

ABSOLUTELY RECRUITMENT LTD

06722679

ABSOLUTELY RECRUITMENT LTD Shareholders

anne lapham 100%

absolutely recruitment ltd directors

Absolutely Recruitment Ltd currently has 2 directors. The longest serving directors include Mr Chandravadan Ganatra (Oct 2023) and Mr Sachin Shah (Oct 2023).

officercountryagestartendrole
Mr Chandravadan Ganatra75 years Oct 2023- Director
Mr Sachin Shah60 years Oct 2023- Director

P&L

March 2024

turnover

534.1k

-52%

operating profit

-232.6k

0%

gross margin

12.2%

-2.24%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

7k

-0.97%

total assets

82.1k

-0.72%

cash

0

0%

net assets

Total assets minus all liabilities

absolutely recruitment ltd company details

company number

06722679

Type

Private limited with Share Capital

industry

78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.

78200 - Temporary employment agency activities

incorporation date

October 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

BPACL ACCOUNTANCY SERVICES LIMITED

auditor

-

address

9a sandy lodge road, rickmansworth, WD3 1LP

Bank

-

Legal Advisor

-

absolutely recruitment ltd 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 did not find charges/mortgages relating to absolutely recruitment ltd.

absolutely recruitment ltd 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 ABSOLUTELY RECRUITMENT LTD. This can take several minutes, an email will notify you when this has completed.

absolutely recruitment ltd Companies House Filings - See Documents

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