futureheads recruitment limited
futureheads recruitment limited Company Information
Company Number
06981893
Next Accounts
Sep 2025
Shareholders
rachel brierley
balvinder kaler
View AllGroup Structure
View All
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
+1Registered Address
10 queen street place, london, EC4R 1AG
Website
www.wearefutureheads.comfutureheads recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of FUTUREHEADS RECRUITMENT LIMITED at £1.7m based on a Turnover of £6.3m and 0.27x industry multiple (adjusted for size and gross margin).
futureheads recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of FUTUREHEADS RECRUITMENT LIMITED at £0 based on an EBITDA of £-665.1k and a 4.37x industry multiple (adjusted for size and gross margin).
futureheads recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of FUTUREHEADS RECRUITMENT LIMITED at £1.8m based on Net Assets of £1.2m and 1.56x industry multiple (adjusted for liquidity).
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Futureheads Recruitment Limited Overview
Futureheads Recruitment Limited is a live company located in london, EC4R 1AG with a Companies House number of 06981893. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in August 2009, it's largest shareholder is rachel brierley with a 25% stake. Futureheads Recruitment Limited is a established, mid sized company, Pomanda has estimated its turnover at £6.3m with declining growth in recent years.
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Futureheads Recruitment Limited Health Check
Pomanda's financial health check has awarded Futureheads Recruitment Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £6.3m, make it smaller than the average company (£13.7m)
£6.3m - Futureheads Recruitment Limited
£13.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (6.3%)
-16% - Futureheads Recruitment Limited
6.3% - Industry AVG
Production
with a gross margin of 36.1%, this company has a lower cost of product (21.7%)
36.1% - Futureheads Recruitment Limited
21.7% - Industry AVG
Profitability
an operating margin of -10.7% make it less profitable than the average company (3.2%)
-10.7% - Futureheads Recruitment Limited
3.2% - Industry AVG
Employees
with 36 employees, this is below the industry average (51)
36 - Futureheads Recruitment Limited
51 - Industry AVG
Pay Structure
on an average salary of £55k, the company has an equivalent pay structure (£55k)
- Futureheads Recruitment Limited
£55k - Industry AVG
Efficiency
resulting in sales per employee of £176.3k, this is less efficient (£216.7k)
£176.3k - Futureheads Recruitment Limited
£216.7k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is earlier than average (45 days)
23 days - Futureheads Recruitment Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (7 days)
0 days - Futureheads Recruitment Limited
7 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Futureheads Recruitment Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 94 weeks, this is more cash available to meet short term requirements (8 weeks)
94 weeks - Futureheads Recruitment Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.1%, this is a lower level of debt than the average (69.2%)
25.1% - Futureheads Recruitment Limited
69.2% - Industry AVG
FUTUREHEADS RECRUITMENT LIMITED financials
Futureheads Recruitment Limited's latest turnover from December 2023 is £6.3 million and the company has net assets of £1.2 million. According to their latest financial statements, Futureheads Recruitment Limited has 36 employees and maintains cash reserves of £716 thousand 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,345,436 | 14,707,868 | 11,112,475 | 10,824,944 | 15,245,750 | 15,854,236 | 14,305,129 | 13,509,322 | 10,953,176 | 8,794,133 | 6,182,726 | 4,459,600 | 3,306,159 | 1,851,326 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 4,054,017 | 9,308,727 | 7,454,858 | 7,834,669 | 11,345,420 | 11,967,316 | 10,684,444 | 10,332,485 | 8,280,882 | 6,375,399 | 4,389,887 | 3,223,899 | 2,376,686 | 1,166,221 |
| Gross Profit | 2,291,419 | 5,399,141 | 3,657,617 | 2,990,275 | 3,900,330 | 3,886,920 | 3,620,685 | 3,176,837 | 2,672,294 | 2,418,734 | 1,792,839 | 1,235,701 | 929,473 | 685,105 |
| Admin Expenses | 2,972,828 | 4,797,510 | 3,140,267 | 2,560,455 | 3,466,120 | 3,353,530 | 3,141,294 | 2,650,085 | 2,315,099 | 2,009,087 | 1,555,809 | 969,685 | 767,863 | 585,580 |
| Operating Profit | -681,409 | 601,631 | 517,350 | 429,820 | 434,210 | 533,390 | 479,391 | 526,752 | 357,195 | 409,647 | 237,030 | 266,016 | 161,610 | 99,525 |
| Interest Payable | 92 | 94 | 900 | 1,903 | 6,098 | 11,404 | 10,263 | 10,298 | 9,349 | 12,640 | 8,053 | 6,215 | 196 | 1,009 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -681,501 | 601,537 | 516,450 | 427,917 | 428,112 | 521,986 | 469,128 | 516,454 | 347,846 | 397,007 | 228,977 | 259,801 | 161,414 | 98,516 |
| Tax | 122,380 | -127,155 | -98,312 | -80,612 | -85,947 | -108,355 | -94,315 | -105,189 | -76,288 | -83,070 | -52,574 | -52,012 | -32,455 | -24,827 |
| Profit After Tax | -559,121 | 474,382 | 418,138 | 347,305 | 342,165 | 413,631 | 374,813 | 411,265 | 271,558 | 313,937 | 176,403 | 207,789 | 128,959 | 73,689 |
| Dividends Paid | 0 | 200,000 | 700,000 | 0 | 300,000 | 300,000 | 200,000 | 200,000 | 169,960 | 120,120 | 59,920 | 59,920 | 40,040 | 0 |
| Retained Profit | -559,121 | 274,382 | -281,862 | 347,305 | 42,165 | 113,631 | 174,813 | 211,265 | 101,598 | 193,817 | 116,483 | 147,869 | 88,919 | 73,689 |
| Employee Costs | 1,591,661 | 1,242,761 | ||||||||||||
| Number Of Employees | 36 | 56 | 36 | 32 | 42 | 39 | 38 | 34 | 32 | |||||
| EBITDA* | -665,082 | 630,041 | 545,499 | 458,689 | 446,461 | 567,088 | 497,136 | 546,827 | 379,647 | 433,155 | 258,914 | 276,465 | 165,936 | 100,902 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 18,360 | 35,250 | 33,251 | 46,949 | 14,854 | 17,253 | 41,017 | 42,564 | 33,528 | 39,666 | 26,562 | 23,749 | 9,255 | 2,789 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 18,360 | 35,250 | 33,251 | 46,949 | 14,854 | 17,253 | 41,017 | 42,564 | 33,528 | 39,666 | 26,562 | 23,749 | 9,255 | 2,789 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 411,416 | 1,233,518 | 1,058,528 | 891,318 | 1,557,143 | 2,256,718 | 1,562,770 | 1,532,469 | 1,221,904 | 1,250,845 | 898,750 | 645,648 | 503,995 | 542,889 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 414,853 | 423,657 | 563,433 | 374,233 | 692,706 | 681,601 | 756,637 | 775,121 | 361,909 | 232,537 | 290,739 | 159,313 | 111,209 | 64,006 |
| Cash | 715,961 | 1,797,352 | 1,578,369 | 1,611,861 | 620,783 | 42,435 | 52,485 | 19,565 | 68,140 | 108,922 | 14,922 | 80,701 | 14,055 | 11,365 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,542,230 | 3,454,527 | 3,200,330 | 2,877,412 | 2,870,632 | 2,980,754 | 2,371,892 | 2,327,155 | 1,651,953 | 1,592,304 | 1,204,411 | 885,662 | 629,259 | 618,260 |
| total assets | 1,560,590 | 3,489,777 | 3,233,581 | 2,924,361 | 2,885,486 | 2,998,007 | 2,412,909 | 2,369,719 | 1,685,481 | 1,631,970 | 1,230,973 | 909,411 | 638,514 | 621,049 |
| 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 | 5,283 | 11,538 | 45,322 | 80,579 | 55,477 | 46,145 | 39,906 | 205,047 | 95,279 | 110,861 | 169,916 | 98,591 | 65,726 | 94,596 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 201,383 | 124,374 | 140,848 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 386,702 | 1,786,982 | 1,830,565 | 1,204,226 | 1,537,758 | 1,701,776 | 1,236,548 | 1,203,030 | 839,825 | 670,947 | 481,721 | 331,494 | 382,180 | 424,764 |
| total current liabilities | 391,985 | 1,798,520 | 1,875,887 | 1,284,805 | 1,593,235 | 1,747,921 | 1,276,454 | 1,408,077 | 935,104 | 983,191 | 776,011 | 570,933 | 447,906 | 519,360 |
| 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 | 391,985 | 1,798,520 | 1,875,887 | 1,284,805 | 1,593,235 | 1,747,921 | 1,276,454 | 1,408,077 | 935,104 | 983,191 | 776,011 | 570,933 | 447,906 | 519,360 |
| net assets | 1,168,605 | 1,691,257 | 1,357,694 | 1,639,556 | 1,292,251 | 1,250,086 | 1,136,455 | 961,642 | 750,377 | 648,779 | 454,962 | 338,478 | 190,608 | 101,689 |
| total shareholders funds | 1,168,605 | 1,691,257 | 1,357,694 | 1,639,556 | 1,292,251 | 1,250,086 | 1,136,455 | 961,642 | 750,377 | 648,779 | 454,962 | 338,478 | 190,608 | 101,689 |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -681,409 | 601,631 | 517,350 | 429,820 | 434,210 | 533,390 | 479,391 | 526,752 | 357,195 | 409,647 | 237,030 | 266,016 | 161,610 | 99,525 |
| Depreciation | 16,327 | 28,410 | 28,149 | 28,869 | 12,251 | 33,698 | 17,745 | 20,075 | 22,452 | 23,508 | 21,884 | 10,449 | 4,326 | 1,377 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 122,380 | -127,155 | -98,312 | -80,612 | -85,947 | -108,355 | -94,315 | -105,189 | -76,288 | -83,070 | -52,574 | -52,012 | -32,455 | -24,827 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -830,906 | 35,214 | 356,410 | -984,298 | -688,470 | 618,912 | 11,817 | 723,777 | 100,431 | 293,893 | 384,528 | 189,757 | 8,309 | 606,895 |
| Creditors | -6,255 | -33,784 | -35,257 | 25,102 | 9,332 | 6,239 | -165,141 | 109,768 | -15,582 | -59,055 | 71,325 | 32,865 | -28,870 | 94,596 |
| Accruals and Deferred Income | -1,400,280 | -43,583 | 626,339 | -333,532 | -164,018 | 465,228 | 33,518 | 363,205 | 168,878 | 189,226 | 150,227 | -50,686 | -42,584 | 424,764 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,118,331 | 390,305 | 681,859 | 1,053,945 | 894,298 | 311,288 | 259,381 | 190,834 | 356,224 | 186,363 | 43,364 | 16,875 | 53,718 | -11,460 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -201,383 | 77,009 | -16,474 | 140,848 | 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 | -92 | -94 | -900 | -1,903 | -6,098 | -11,404 | -10,263 | -10,298 | -9,349 | -12,640 | -8,053 | -6,215 | -196 | -1,009 |
| cash flow from financing | 36,377 | 59,087 | -900 | -1,903 | -6,098 | -11,404 | -10,263 | -10,298 | -210,732 | 64,369 | -24,526 | 134,634 | -196 | 26,991 |
| cash and cash equivalents | ||||||||||||||
| cash | -1,081,391 | 218,983 | -33,492 | 991,078 | 578,348 | -10,050 | 32,920 | -48,575 | -40,782 | 94,000 | -65,779 | 66,646 | 2,690 | 11,365 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,081,391 | 218,983 | -33,492 | 991,078 | 578,348 | -10,050 | 32,920 | -48,575 | -40,782 | 94,000 | -65,779 | 66,646 | 2,690 | 11,365 |
futureheads recruitment limited Credit Report and Business Information
Futureheads Recruitment Limited Competitor Analysis
Perform a competitor analysis for futureheads recruitment limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in EC4R area or any other competitors across 12 key performance metrics.
futureheads recruitment limited Ownership
FUTUREHEADS RECRUITMENT LIMITED group structure
Futureheads Recruitment Limited has no subsidiary companies.
Ultimate parent company
FUTUREHEADS RECRUITMENT LIMITED
06981893
futureheads recruitment limited directors
Futureheads Recruitment Limited currently has 4 directors. The longest serving directors include Mr Charles Hoult (Sep 2009) and Balvinder Kaler (Oct 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Charles Hoult | 57 years | Sep 2009 | - | Director | |
| Balvinder Kaler | United Kingdom | 47 years | Oct 2009 | - | Director |
| Ms Gillian Arnold | United Kingdom | 51 years | Oct 2009 | - | Director |
| Ms Rachel Brierley | United Kingdom | 50 years | Oct 2009 | - | Director |
P&L
December 2023turnover
6.3m
-57%
operating profit
-681.4k
-213%
gross margin
36.2%
-1.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.2m
-0.31%
total assets
1.6m
-0.55%
cash
716k
-0.6%
net assets
Total assets minus all liabilities
futureheads recruitment limited company details
company number
06981893
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
August 2009
age
16
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
HAYMACINTYRE LLP
address
10 queen street place, london, EC4R 1AG
Bank
-
Legal Advisor
-
futureheads 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 3 charges/mortgages relating to futureheads recruitment limited. Currently there are 1 open charges and 2 have been satisfied in the past.
futureheads recruitment limited Capital Raised & Share Issues BETA
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futureheads recruitment limited Companies House Filings - See Documents
| date | description | view/download |
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