g2v recruitment group limited
g2v recruitment group limited Company Information
Company Number
08067630
Website
www.g2vgroup.comRegistered Address
4th floor, 10 old bailey, london, EC4M 7NG
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Telephone
01179689041
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
g2v bidco limited 100%
g2v recruitment group limited Estimated Valuation
Pomanda estimates the enterprise value of G2V RECRUITMENT GROUP LIMITED at £88.8m based on a Turnover of £203.3m and 0.44x industry multiple (adjusted for size and gross margin).
g2v recruitment group limited Estimated Valuation
Pomanda estimates the enterprise value of G2V RECRUITMENT GROUP LIMITED at £121.3m based on an EBITDA of £16.6m and a 7.31x industry multiple (adjusted for size and gross margin).
g2v recruitment group limited Estimated Valuation
Pomanda estimates the enterprise value of G2V RECRUITMENT GROUP LIMITED at £14.7m based on Net Assets of £28.1m and 0.52x industry multiple (adjusted for liquidity).
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G2v Recruitment Group Limited Overview
G2v Recruitment Group Limited is a live company located in london, EC4M 7NG with a Companies House number of 08067630. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in May 2012, it's largest shareholder is g2v bidco limited with a 100% stake. G2v Recruitment Group Limited is a established, mega sized company, Pomanda has estimated its turnover at £203.3m with rapid growth in recent years.
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G2v Recruitment Group Limited Health Check
Pomanda's financial health check has awarded G2V Recruitment Group Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
3 Weak
Size
annual sales of £203.3m, make it larger than the average company (£5.6m)
£203.3m - G2v Recruitment Group Limited
£5.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (3.8%)
33% - G2v Recruitment Group Limited
3.8% - Industry AVG
Production
with a gross margin of 30.7%, this company has a lower cost of product (25.2%)
30.7% - G2v Recruitment Group Limited
25.2% - Industry AVG
Profitability
an operating margin of 7.9% make it more profitable than the average company (4.6%)
7.9% - G2v Recruitment Group Limited
4.6% - Industry AVG
Employees
with 433 employees, this is above the industry average (31)
433 - G2v Recruitment Group Limited
31 - Industry AVG
Pay Structure
on an average salary of £79.7k, the company has a higher pay structure (£47.6k)
£79.7k - G2v Recruitment Group Limited
£47.6k - Industry AVG
Efficiency
resulting in sales per employee of £469.5k, this is more efficient (£147.1k)
£469.5k - G2v Recruitment Group Limited
£147.1k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is near the average (47 days)
40 days - G2v Recruitment Group Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (9 days)
2 days - G2v Recruitment Group Limited
9 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - G2v Recruitment Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (15 weeks)
2 weeks - G2v Recruitment Group Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.2%, this is a lower level of debt than the average (65.7%)
47.2% - G2v Recruitment Group Limited
65.7% - Industry AVG
G2V RECRUITMENT GROUP LIMITED financials
G2V Recruitment Group Limited's latest turnover from March 2023 is £203.3 million and the company has net assets of £28.1 million. According to their latest financial statements, G2V Recruitment Group Limited has 433 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 203,283,529 | 140,755,753 | 85,157,189 | 85,676,777 | 72,756,703 | 62,096,389 | 54,355,159 | 58,696,876 | 58,422,507 | 52,530,692 | 41,453,843 | 32,941,725 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 140,912,261 | 94,022,406 | 58,821,335 | 58,715,626 | 51,672,461 | 45,874,245 | 41,812,398 | 45,534,602 | 45,568,760 | 40,372,018 | 31,477,381 | 24,852,336 |
| Gross Profit | 62,371,268 | 46,733,347 | 26,335,854 | 26,961,151 | 21,084,242 | 16,222,144 | 12,542,761 | 13,162,274 | 12,853,747 | 12,158,674 | 9,976,462 | 8,089,389 |
| Admin Expenses | 46,374,584 | 33,481,186 | 20,947,040 | 19,704,791 | 16,970,767 | 13,377,779 | 11,310,725 | 10,093,434 | 9,546,652 | 7,249,454 | 7,254,195 | 6,194,423 |
| Operating Profit | 15,996,684 | 13,252,161 | 5,388,814 | 7,256,360 | 4,113,475 | 2,844,365 | 1,232,036 | 3,068,840 | 3,307,095 | 4,909,220 | 2,722,267 | 1,894,966 |
| Interest Payable | 405,386 | 130,970 | 304,180 | 61,287 | 137,432 | 83,100 | 80,192 | 119,646 | 174,396 | 142,967 | 7,933 | 487 |
| Interest Receivable | 49,701 | 0 | 0 | 0 | 0 | 0 | 1,629 | 3,607 | 0 | 160 | 0 | 0 |
| Pre-Tax Profit | 15,640,999 | 13,121,191 | 5,084,634 | 7,195,073 | 3,976,043 | 2,761,265 | 1,153,473 | 2,952,801 | 3,132,699 | 4,766,413 | 2,714,334 | 1,894,479 |
| Tax | -2,349,485 | -2,277,070 | -939,590 | -1,418,141 | -952,541 | -565,437 | -234,628 | -608,617 | -664,526 | -1,112,177 | -697,030 | -501,867 |
| Profit After Tax | 13,291,514 | 10,844,121 | 4,145,044 | 5,776,932 | 3,023,502 | 2,195,828 | 918,845 | 2,344,184 | 2,468,173 | 3,654,236 | 2,017,304 | 1,392,612 |
| Dividends Paid | 0 | 10,645,455 | 441,123 | 4,668,101 | 1,041,090 | 530,000 | 0 | 304,294 | 1,335,234 | 2,540,558 | 600,000 | 400,000 |
| Retained Profit | 13,291,514 | 198,666 | 3,703,921 | 1,108,831 | 1,982,412 | 1,665,828 | 918,845 | 2,039,890 | 1,132,939 | 1,028,530 | 1,306,904 | 907,671 |
| Employee Costs | 34,489,483 | 25,014,682 | 14,735,386 | 14,277,133 | 11,089,829 | 8,958,028 | 7,638,568 | 7,553,516 | 5,875,722 | 4,995,338 | 4,661,930 | 4,164,103 |
| Number Of Employees | 433 | 337 | 274 | 250 | 220 | 155 | 139 | 145 | 125 | 100 | 82 | 66 |
| EBITDA* | 16,590,261 | 13,644,283 | 5,750,675 | 7,621,781 | 4,426,785 | 3,094,827 | 1,426,787 | 3,286,452 | 3,437,689 | 5,016,267 | 2,804,111 | 1,970,577 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,434,877 | 1,183,886 | 919,328 | 747,255 | 811,738 | 612,278 | 641,604 | 573,202 | 474,045 | 402,739 | 268,845 | 206,610 |
| Intangible Assets | 393,065 | 369,846 | 230,969 | 268,621 | 373,341 | 266,436 | -19,499 | -35,355 | -94,545 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 1,827,942 | 1,553,732 | 1,150,297 | 1,015,876 | 1,185,079 | 878,714 | 622,105 | 537,847 | 379,500 | 402,739 | 268,845 | 206,610 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 22,568,276 | 17,131,287 | 9,563,527 | 7,576,814 | 8,238,273 | 7,661,532 | 6,282,153 | 8,418,443 | 10,374,462 | 281,397 | 288,052 | 576,271 |
| Group Debtors | 14,279,060 | 3,866,407 | 22,444,138 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 13,234,317 | 6,670,148 | 4,887,732 | 5,128,272 | 4,241,767 | 3,039,664 | 2,566,488 | 2,773,097 | 3,636,485 | 2,836,672 | 2,552,909 | 1,595,568 |
| Cash | 1,310,034 | 5,842,486 | 2,162,395 | 6,371,254 | 2,704,966 | 1,139,392 | 512,763 | 1,654,792 | 834,218 | 567,458 | 425,047 | 529,959 |
| misc current assets | 0 | 0 | 186,508 | 0 | 0 | 0 | 0 | 0 | 0 | 9,183,510 | 6,890,341 | 6,087,360 |
| total current assets | 51,391,687 | 33,510,328 | 39,244,300 | 19,076,340 | 15,185,006 | 11,840,588 | 9,361,404 | 12,846,332 | 14,845,165 | 12,869,037 | 10,156,349 | 8,789,158 |
| total assets | 53,219,629 | 35,064,060 | 40,394,597 | 20,092,216 | 16,370,085 | 12,719,302 | 9,983,509 | 13,384,179 | 15,224,665 | 13,271,776 | 10,425,194 | 8,995,768 |
| Bank overdraft | 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 |
| Trade Creditors | 1,034,177 | 738,523 | 479,383 | 672,113 | 352,342 | 271,689 | 242,598 | 115,005 | 328,155 | 168,694 | 109,777 | 109,524 |
| Group/Directors Accounts | 1,914,247 | 0 | 10,053,228 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 2,012,286 | 3,455,679 | 5,562,520 | 0 | 0 | 0 | 285,302 | 1,569,555 | 5,867,767 | 6,271,410 | 5,197,627 | 5,128,213 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 19,080,593 | 16,238,299 | 10,268,261 | 9,745,159 | 7,226,500 | 5,681,975 | 4,060,346 | 4,382,267 | 3,619,577 | 3,243,921 | 2,574,011 | 1,989,872 |
| total current liabilities | 24,041,303 | 20,432,501 | 26,363,392 | 10,417,272 | 7,578,842 | 5,953,664 | 4,588,246 | 6,066,827 | 9,815,499 | 9,684,025 | 7,881,415 | 7,227,609 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 123,946 | 0 | 0 |
| provisions | 1,053,309 | 616,146 | 307,833 | 74,021 | 302,809 | 313,755 | 647,862 | 748,542 | 850,000 | 39,750 | 5,477 | 3,829 |
| total long term liabilities | 1,053,309 | 616,146 | 307,833 | 74,021 | 302,809 | 313,755 | 647,862 | 748,542 | 850,000 | 163,696 | 5,477 | 3,829 |
| total liabilities | 25,094,612 | 21,048,647 | 26,671,225 | 10,491,293 | 7,881,651 | 6,267,419 | 5,236,108 | 6,815,369 | 10,665,499 | 9,847,721 | 7,886,892 | 7,231,438 |
| net assets | 28,125,017 | 14,015,413 | 13,723,372 | 9,600,923 | 8,488,434 | 6,451,883 | 4,747,401 | 6,568,810 | 4,559,166 | 3,424,055 | 2,411,677 | 1,688,105 |
| total shareholders funds | 28,125,017 | 14,015,413 | 13,723,372 | 9,600,923 | 8,488,434 | 6,451,883 | 4,747,401 | 6,568,810 | 4,559,166 | 3,424,055 | 2,411,677 | 1,688,105 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 15,996,684 | 13,252,161 | 5,388,814 | 7,256,360 | 4,113,475 | 2,844,365 | 1,232,036 | 3,068,840 | 3,307,095 | 4,909,220 | 2,722,267 | 1,894,966 |
| Depreciation | 451,849 | 288,788 | 252,402 | 229,976 | 208,314 | 216,668 | 184,971 | 188,211 | 101,193 | 83,987 | 81,844 | 75,611 |
| Amortisation | 141,728 | 103,334 | 109,459 | 135,445 | 104,996 | 33,794 | 9,780 | 29,401 | 29,401 | 23,060 | 0 | 0 |
| Tax | -2,349,485 | -2,277,070 | -939,590 | -1,418,141 | -952,541 | -565,437 | -234,628 | -608,617 | -664,526 | -1,112,177 | -697,030 | -501,867 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 22,413,811 | -9,227,555 | 24,190,311 | 225,046 | 1,778,844 | 1,852,555 | -2,342,899 | -2,819,407 | 10,892,878 | 277,108 | 669,122 | 2,171,839 |
| Creditors | 295,654 | 259,140 | -192,730 | 319,771 | 80,653 | 29,091 | 127,593 | -213,150 | 159,461 | 58,917 | 253 | 109,524 |
| Accruals and Deferred Income | 2,842,294 | 5,970,038 | 523,102 | 2,518,659 | 1,544,525 | 1,621,629 | -321,921 | 762,690 | 375,656 | 669,910 | 584,139 | 1,989,872 |
| Deferred Taxes & Provisions | 437,163 | 308,313 | 233,812 | -228,788 | -10,946 | -334,107 | -100,680 | -101,458 | 810,250 | 34,273 | 1,648 | 3,829 |
| Cash flow from operations | -4,597,924 | 27,132,259 | -18,815,042 | 8,588,236 | 3,309,632 | 1,993,448 | 3,240,050 | 5,945,324 | -6,774,348 | 4,390,082 | 2,023,999 | 1,400,096 |
| Investing Activities | ||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -647,039 | -599,878 | -259,449 | -321,607 | -170,146 | -218,419 | -141,214 | -138,016 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -647,039 | -599,878 | -259,449 | -321,607 | -170,146 | -218,419 | -141,214 | -138,016 |
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,914,247 | -10,053,228 | 10,053,228 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -1,443,393 | -2,106,841 | 5,562,520 | 0 | 0 | -285,302 | -1,284,253 | -4,298,212 | -403,643 | 1,073,783 | 69,414 | 5,128,213 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -123,946 | 123,946 | 0 | 0 |
| share issue | ||||||||||||
| interest | -355,685 | -130,970 | -304,180 | -61,287 | -137,432 | -83,100 | -78,563 | -116,039 | -174,396 | -142,807 | -7,933 | -487 |
| cash flow from financing | 933,259 | -12,197,664 | 15,730,096 | -57,629 | -83,293 | -329,748 | -4,103,070 | -4,444,497 | -699,813 | 1,038,770 | -521,851 | 5,908,160 |
| cash and cash equivalents | ||||||||||||
| cash | -4,532,452 | 3,680,091 | -4,208,859 | 3,666,288 | 1,565,574 | 626,629 | -1,142,029 | 820,574 | 266,760 | 142,411 | -104,912 | 529,959 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -4,532,452 | 3,680,091 | -4,208,859 | 3,666,288 | 1,565,574 | 626,629 | -1,142,029 | 820,574 | 266,760 | 142,411 | -104,912 | 529,959 |
g2v recruitment group limited Credit Report and Business Information
G2v Recruitment Group Limited Competitor Analysis
Perform a competitor analysis for g2v recruitment group limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in EC4M area or any other competitors across 12 key performance metrics.
g2v recruitment group limited Ownership
G2V RECRUITMENT GROUP LIMITED group structure
G2V Recruitment Group Limited has 3 subsidiary companies.
Ultimate parent company
2 parents
G2V RECRUITMENT GROUP LIMITED
08067630
3 subsidiaries
g2v recruitment group limited directors
G2V Recruitment Group Limited currently has 7 directors. The longest serving directors include Mr James Gorfin (May 2012) and Mr Colin Martin (Jun 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Gorfin | England | 51 years | May 2012 | - | Director |
| Mr Colin Martin | England | 58 years | Jun 2015 | - | Director |
| Mr Timothy Pereira | England | 41 years | Mar 2021 | - | Director |
| Mr Luke Parker | England | 41 years | Mar 2021 | - | Director |
| Mr James Gardiner | England | 36 years | Mar 2021 | - | Director |
| Mr Samuel Bell | England | 35 years | Sep 2021 | - | Director |
| Mr James McNulty | England | 37 years | Nov 2023 | - | Director |
P&L
March 2023turnover
203.3m
+44%
operating profit
16m
+21%
gross margin
30.7%
-7.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
28.1m
+1.01%
total assets
53.2m
+0.52%
cash
1.3m
-0.78%
net assets
Total assets minus all liabilities
Similar Companies
g2v recruitment group limited company details
company number
08067630
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.
incorporation date
May 2012
age
12
incorporated
UK
accounts
Group
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
4th floor, 10 old bailey, london, EC4M 7NG
accountant
-
auditor
GRANT THORNTON UK LLP
g2v recruitment group 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 8 charges/mortgages relating to g2v recruitment group limited. Currently there are 2 open charges and 6 have been satisfied in the past.
g2v recruitment group limited Companies House Filings - See Documents
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