mrn recruitment limited Company Information
Company Number
07227673
Website
www.mrnrecruitment.co.ukRegistered Address
frp advisory llp 2nd floor, 170 edmund street, birmingham, west midlands, B3 2HB
Industry
Temporary employment agency activities
Telephone
01775722332
Next Accounts Due
May 2024
Group Structure
View All
Directors
Brendan Moran14 Years
Shareholders
brendan michael moran 100%
mrn recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of MRN RECRUITMENT LIMITED at £700.1k based on a Turnover of £4.3m and 0.16x industry multiple (adjusted for size and gross margin).
mrn recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of MRN RECRUITMENT LIMITED at £0 based on an EBITDA of £-11.6k and a 3.33x industry multiple (adjusted for size and gross margin).
mrn recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of MRN RECRUITMENT LIMITED at £0 based on Net Assets of £-155.5k and 1.58x industry multiple (adjusted for liquidity).
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Mrn Recruitment Limited Overview
Mrn Recruitment Limited is a dissolved company that was located in birmingham, B3 2HB with a Companies House number of 07227673. It operated in the temporary employment agency activities sector, SIC Code 78200. Founded in April 2010, it's largest shareholder was brendan michael moran with a 100% stake. The last turnover for Mrn Recruitment Limited was estimated at £4.3m.
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Mrn Recruitment Limited Health Check
Pomanda's financial health check has awarded Mrn Recruitment Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
8 Weak
Size
annual sales of £4.3m, make it smaller than the average company (£9.3m)
- Mrn Recruitment Limited
£9.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -34%, show it is growing at a slower rate (8.3%)
- Mrn Recruitment Limited
8.3% - Industry AVG
Production
with a gross margin of 17.4%, this company has a comparable cost of product (17.4%)
- Mrn Recruitment Limited
17.4% - Industry AVG
Profitability
an operating margin of -0.5% make it less profitable than the average company (2.5%)
- Mrn Recruitment Limited
2.5% - Industry AVG
Employees
with 10 employees, this is below the industry average (59)
10 - Mrn Recruitment Limited
59 - Industry AVG
Pay Structure
on an average salary of £38.5k, the company has an equivalent pay structure (£38.5k)
- Mrn Recruitment Limited
£38.5k - Industry AVG
Efficiency
resulting in sales per employee of £434.6k, this is more efficient (£248.1k)
- Mrn Recruitment Limited
£248.1k - Industry AVG
Debtor Days
it gets paid by customers after 66 days, this is later than average (51 days)
- Mrn Recruitment Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (4 days)
- Mrn Recruitment Limited
4 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mrn Recruitment Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (4 weeks)
2 weeks - Mrn Recruitment Limited
4 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 112.5%, this is a higher level of debt than the average (75.5%)
112.5% - Mrn Recruitment Limited
75.5% - Industry AVG
mrn recruitment limited Credit Report and Business Information
Mrn Recruitment Limited Competitor Analysis
Perform a competitor analysis for mrn recruitment limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mrn recruitment limited Ownership
MRN RECRUITMENT LIMITED group structure
Mrn Recruitment Limited has no subsidiary companies.
Ultimate parent company
MRN RECRUITMENT LIMITED
07227673
mrn recruitment limited directors
Mrn Recruitment Limited currently has 1 director, Mr Brendan Moran serving since Apr 2010.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Brendan Moran | England | 51 years | Apr 2010 | - | Director |
MRN RECRUITMENT LIMITED financials
Mrn Recruitment Limited's latest turnover from April 2017 is estimated at £4.3 million and the company has net assets of -£155.5 thousand. According to their latest financial statements, Mrn Recruitment Limited has 10 employees and maintains cash reserves of £78.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2017 | Apr 2016 | Apr 2015 | Oct 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
---|---|---|---|---|---|---|---|
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 | 10 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2017 | Apr 2016 | Apr 2015 | Oct 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 26,902 | 23,274 | 30,933 | 37,975 | 39,526 | 22,271 | 2,249 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 125,634 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 26,902 | 148,908 | 30,933 | 37,975 | 39,526 | 22,271 | 2,249 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 793,839 | 604,759 | 979,863 | 696,673 | 574,811 | 165,183 | 60,191 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 346,341 | 46,323 | 0 | 0 | 0 | 0 | 0 |
Cash | 78,799 | 454,345 | 45,283 | 109,517 | 124,243 | 189,551 | 47,271 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,218,979 | 1,105,427 | 1,025,146 | 806,190 | 699,054 | 354,734 | 107,462 |
total assets | 1,245,881 | 1,254,335 | 1,056,079 | 844,165 | 738,580 | 377,005 | 109,711 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 41,367 | 20,637 | 1,080,820 | 853,419 | 616,408 | 355,150 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 1,356,596 | 1,365,922 | 0 | 0 | 0 | 0 | 87,120 |
total current liabilities | 1,397,963 | 1,386,559 | 1,080,820 | 853,419 | 616,408 | 355,150 | 87,120 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 3,386 | 3,386 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 3,386 | 3,386 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 1,401,349 | 1,389,945 | 1,080,820 | 853,419 | 616,408 | 355,150 | 87,120 |
net assets | -155,468 | -135,610 | -24,741 | -9,254 | 122,172 | 21,855 | 22,591 |
total shareholders funds | -155,468 | -135,610 | -24,741 | -9,254 | 122,172 | 21,855 | 22,591 |
Apr 2017 | Apr 2016 | Apr 2015 | Oct 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | |||||||
Depreciation | 8,967 | 7,758 | 4,747 | 9,881 | 4,597 | 5,667 | 396 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 363,464 | -203,147 | 283,190 | 121,862 | 409,628 | 104,992 | 60,191 |
Creditors | 20,730 | -1,060,183 | 227,401 | 237,011 | 261,258 | 355,150 | 0 |
Accruals and Deferred Income | -9,326 | 1,365,922 | 0 | 0 | 0 | -87,120 | 87,120 |
Deferred Taxes & Provisions | 0 | 3,386 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||
Investing Activities | |||||||
capital expenditure | |||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||
Financing Activities | |||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||
interest | |||||||
cash flow from financing | |||||||
cash and cash equivalents | |||||||
cash | -375,546 | 409,062 | -64,234 | -14,726 | -65,308 | 142,280 | 47,271 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -375,546 | 409,062 | -64,234 | -14,726 | -65,308 | 142,280 | 47,271 |
P&L
April 2017turnover
4.3m
+22%
operating profit
-20.5k
0%
gross margin
17.5%
+1.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2017net assets
-155.5k
+0.15%
total assets
1.2m
-0.01%
cash
78.8k
-0.83%
net assets
Total assets minus all liabilities
mrn recruitment limited company details
company number
07227673
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
April 2010
age
14
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
frp advisory llp 2nd floor, 170 edmund street, birmingham, west midlands, B3 2HB
last accounts submitted
April 2017
mrn 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 mrn recruitment limited.
mrn recruitment limited Companies House Filings - See Documents
date | description | view/download |
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