progression recruitment limited

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progression recruitment limited Company Information

Share PROGRESSION RECRUITMENT LIMITED

Company Number

07043868

Shareholders

elaine mary plaistowe

Group Structure

View All

Industry

Other publishing activities

 

Registered Address

84 high st, harlesden, london, NW10 4SJ

progression recruitment limited Estimated Valuation

£29.4k

Pomanda estimates the enterprise value of PROGRESSION RECRUITMENT LIMITED at £29.4k based on a Turnover of £50.2k and 0.59x industry multiple (adjusted for size and gross margin).

progression recruitment limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PROGRESSION RECRUITMENT LIMITED at £0 based on an EBITDA of £-3.7k and a 3.19x industry multiple (adjusted for size and gross margin).

progression recruitment limited Estimated Valuation

£64k

Pomanda estimates the enterprise value of PROGRESSION RECRUITMENT LIMITED at £64k based on Net Assets of £34.9k and 1.84x industry multiple (adjusted for liquidity).

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Progression Recruitment Limited Overview

Progression Recruitment Limited is a live company located in london, NW10 4SJ with a Companies House number of 07043868. It operates in the other publishing activities sector, SIC Code 58190. Founded in October 2009, it's largest shareholder is elaine mary plaistowe with a 100% stake. Progression Recruitment Limited is a established, micro sized company, Pomanda has estimated its turnover at £50.2k with healthy growth in recent years.

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Progression Recruitment Limited Health Check

Pomanda's financial health check has awarded Progression Recruitment Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £50.2k, make it smaller than the average company (£1.1m)

£50.2k - Progression Recruitment Limited

£1.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (7.8%)

5% - Progression Recruitment Limited

7.8% - Industry AVG

production

Production

with a gross margin of 57.6%, this company has a comparable cost of product (57.6%)

57.6% - Progression Recruitment Limited

57.6% - Industry AVG

profitability

Profitability

an operating margin of -7.6% make it less profitable than the average company (7.2%)

-7.6% - Progression Recruitment Limited

7.2% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (18)

1 - Progression Recruitment Limited

18 - Industry AVG

paystructure

Pay Structure

on an average salary of £53k, the company has an equivalent pay structure (£53k)

£53k - Progression Recruitment Limited

£53k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £50.2k, this is less efficient (£118.2k)

£50.2k - Progression Recruitment Limited

£118.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 4 days, this is earlier than average (46 days)

4 days - Progression Recruitment Limited

46 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Progression Recruitment Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Progression Recruitment Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 72 weeks, this is more cash available to meet short term requirements (33 weeks)

72 weeks - Progression Recruitment Limited

33 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 71.3%, this is a higher level of debt than the average (53%)

71.3% - Progression Recruitment Limited

53% - Industry AVG

PROGRESSION RECRUITMENT LIMITED financials

EXPORTms excel logo

Progression Recruitment Limited's latest turnover from March 2024 is estimated at £50.2 thousand and the company has net assets of £34.9 thousand. According to their latest financial statements, Progression Recruitment Limited has 1 employee and maintains cash reserves of £120.7 thousand 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 2011
Turnover50,19058,90668,99443,96568,04016,19833,2871,0608,87163,71837,78649,694102,248113,674
Other Income Or Grants00000000000000
Cost Of Sales21,29326,04028,18818,98930,0946,86414,1934273,71127,31517,05223,02648,47054,508
Gross Profit28,89732,86640,80624,97637,9469,33419,0946335,16036,40220,73426,66953,77859,166
Admin Expenses32,71442,76860,97334,27652,2036,61213,41410,062-17,48521,44414,14024,59818,80627,325
Operating Profit-3,817-9,902-20,167-9,300-14,2572,7225,680-9,42922,64514,9586,5942,07134,97231,841
Interest Payable004223810002,3012,39300000
Interest Receivable5,8134,0167711051431,41987141672050438638729487
Pre-Tax Profit1,996-5,886-19,818-9,576-14,1144,1416,551-11,31420,97315,4626,9792,45835,26631,928
Tax-4990000-787-1,2450-4,194-3,247-1,605-590-9,169-8,940
Profit After Tax1,497-5,886-19,818-9,576-14,1143,3545,306-11,31416,77812,2155,3741,86826,09722,988
Dividends Paid00000000000000
Retained Profit1,497-5,886-19,818-9,576-14,1143,3545,306-11,31416,77812,2155,3741,86826,09722,988
Employee Costs53,01650,28746,86345,78445,29545,75944,32244,98043,30540,99540,27439,74938,50074,134
Number Of Employees11111111111112
EBITDA*-3,708-9,790-20,078-8,966-14,2183,6795,784-9,42923,57316,2536,8612,34936,11032,396

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Tangible Assets3263362671501822212703304034926017348961,120
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets3263362671501822212703304034926017348961,120
Stock & work in progress00000000000000
Trade Debtors6282,8265,2675396,0912,4724,50215512,4002,1604,68012,49016,200
Group Debtors00000000000000
Misc Debtors00000000000000
Cash120,676100,78088,228117,37192,212193,844184,468163,949169,006119,09982,46371,78382,91634,622
misc current assets0000378000000000
total current assets121,304103,60693,495117,91098,681196,316188,970164,104169,007121,49984,62376,46395,40650,822
total assets121,630103,94293,762118,06098,863196,537189,240164,434169,410121,99185,22477,19796,30251,942
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 0000000010,35653,34928,79726,14447,11728,854
Group/Directors Accounts83,23568,39852,74341,90026,020105,172100,85684,975000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities3,5262,1721,7614,5844,1918,5998,9725,353000000
total current liabilities86,76170,57054,50446,48430,211113,771109,82890,32810,35653,34928,79726,14447,11728,854
loans00012,500000073,63400000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions00000000000000
total long term liabilities00012,500000073,63400000
total liabilities86,76170,57054,50458,98430,211113,771109,82890,32883,99053,34928,79726,14447,11728,854
net assets34,86933,37239,25859,07668,65282,76679,41274,10685,42068,64256,42751,05349,18523,088
total shareholders funds34,86933,37239,25859,07668,65282,76679,41274,10685,42068,64256,42751,05349,18523,088
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Operating Activities
Operating Profit-3,817-9,902-20,167-9,300-14,2572,7225,680-9,42922,64514,9586,5942,07134,97231,841
Depreciation109112893343995710409281,2952672781,138555
Amortisation00000000000000
Tax-4990000-787-1,2450-4,194-3,247-1,605-590-9,169-8,940
Stock00000000000000
Debtors-2,198-2,4414,728-5,5523,619-2,0304,347154-2,399240-2,520-7,810-3,71016,200
Creditors0000000-10,356-42,99324,5522,653-20,97318,26328,854
Accruals and Deferred Income1,354411-2,823393-4,408-3733,6195,353000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations-655-6,938-27,629-3,021-22,2454,5493,811-14,586-21,21537,31810,429-11,40448,91436,110
Investing Activities
capital expenditure-99-181-206-3020-908-4473-839-1,186-134-116-914-1,675
Change in Investments00000000000000
cash flow from investments-99-181-206-3020-908-4473-839-1,186-134-116-914-1,675
Financing Activities
Bank loans00000000000000
Group/Directors Accounts14,83715,65510,84315,880-79,1524,31615,88184,975000000
Other Short Term Loans 00000000000000
Long term loans00-12,50012,500000-73,63473,63400000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue0000000000000100
interest5,8134,016349-2761431,419871-1,885-1,67350438638729487
cash flow from financing20,65019,671-1,30828,104-79,0095,73516,7529,45671,961504386387294187
cash and cash equivalents
cash19,89612,552-29,14325,159-101,6329,37620,519-5,05749,90736,63610,680-11,13348,29434,622
overdraft00000000000000
change in cash19,89612,552-29,14325,159-101,6329,37620,519-5,05749,90736,63610,680-11,13348,29434,622

progression recruitment limited 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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Progression Recruitment Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for progression recruitment limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in NW10 area or any other competitors across 12 key performance metrics.

progression recruitment limited Ownership

PROGRESSION RECRUITMENT LIMITED group structure

Progression Recruitment Limited has no subsidiary companies.

Ultimate parent company

PROGRESSION RECRUITMENT LIMITED

07043868

PROGRESSION RECRUITMENT LIMITED Shareholders

elaine mary plaistowe 100%

progression recruitment limited directors

Progression Recruitment Limited currently has 1 director, Ms Elaine Plaistowe serving since Mar 2010.

officercountryagestartendrole
Ms Elaine Plaistowe55 years Mar 2010- Director

P&L

March 2024

turnover

50.2k

-15%

operating profit

-3.8k

0%

gross margin

57.6%

+3.19%

turnover

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

Balance Sheet

March 2024

net assets

34.9k

+0.04%

total assets

121.6k

+0.17%

cash

120.7k

+0.2%

net assets

Total assets minus all liabilities

progression recruitment limited company details

company number

07043868

Type

Private limited with Share Capital

industry

58190 - Other publishing activities

incorporation date

October 2009

age

16

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

ascent solutions 2009 limited (January 2010)

accountant

GARVEYS LIMITED

auditor

-

address

84 high st, harlesden, london, NW10 4SJ

Bank

-

Legal Advisor

-

progression 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 did not find charges/mortgages relating to progression recruitment limited.

progression recruitment limited Capital Raised & Share Issues BETA

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progression recruitment limited Companies House Filings - See Documents

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