litmus workforce solutions limited
litmus workforce solutions limited Company Information
Company Number
08674486
Next Accounts
Dec 2025
Shareholders
global group (uk) ltd
Group Structure
View All
Industry
Temporary employment agency activities
Registered Address
33 soho square, london, W1D 3QU
Website
http://impellam.comlitmus workforce solutions limited Estimated Valuation
Pomanda estimates the enterprise value of LITMUS WORKFORCE SOLUTIONS LIMITED at £9.3m based on a Turnover of £38.4m and 0.24x industry multiple (adjusted for size and gross margin).
litmus workforce solutions limited Estimated Valuation
Pomanda estimates the enterprise value of LITMUS WORKFORCE SOLUTIONS LIMITED at £843.3k based on an EBITDA of £223k and a 3.78x industry multiple (adjusted for size and gross margin).
litmus workforce solutions limited Estimated Valuation
Pomanda estimates the enterprise value of LITMUS WORKFORCE SOLUTIONS LIMITED at £24.9k based on Net Assets of £16k and 1.56x industry multiple (adjusted for liquidity).
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Litmus Workforce Solutions Limited Overview
Litmus Workforce Solutions Limited is a live company located in london, W1D 3QU with a Companies House number of 08674486. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in September 2013, it's largest shareholder is global group (uk) ltd with a 100% stake. Litmus Workforce Solutions Limited is a established, large sized company, Pomanda has estimated its turnover at £38.4m with rapid growth in recent years.
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Litmus Workforce Solutions Limited Health Check
Pomanda's financial health check has awarded Litmus Workforce Solutions Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
5 Weak
Size
annual sales of £38.4m, make it larger than the average company (£13.4m)
£38.4m - Litmus Workforce Solutions Limited
£13.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (8%)
39% - Litmus Workforce Solutions Limited
8% - Industry AVG
Production
with a gross margin of 7.2%, this company has a higher cost of product (18%)
7.2% - Litmus Workforce Solutions Limited
18% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (2.5%)
0.6% - Litmus Workforce Solutions Limited
2.5% - Industry AVG
Employees
with 36 employees, this is below the industry average (49)
36 - Litmus Workforce Solutions Limited
49 - Industry AVG
Pay Structure
on an average salary of £35.6k, the company has a lower pay structure (£49k)
£35.6k - Litmus Workforce Solutions Limited
£49k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£236.1k)
£1.1m - Litmus Workforce Solutions Limited
£236.1k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is earlier than average (43 days)
30 days - Litmus Workforce Solutions Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 51 days, this is slower than average (3 days)
51 days - Litmus Workforce Solutions Limited
3 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Litmus Workforce Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)
0 weeks - Litmus Workforce Solutions Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (69.7%)
99.9% - Litmus Workforce Solutions Limited
69.7% - Industry AVG
LITMUS WORKFORCE SOLUTIONS LIMITED financials
Litmus Workforce Solutions Limited's latest turnover from March 2024 is £38.4 million and the company has net assets of £16 thousand. According to their latest financial statements, Litmus Workforce Solutions Limited has 36 employees and maintains cash reserves of £12 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Dec 2022 | Dec 2021 | Jan 2021 | Jan 2020 | Jan 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Sep 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 38,405,000 | 25,658,000 | 14,251,000 | 8,725,000 | 8,036,000 | 7,676,000 | ||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | 35,654,000 | 24,400,000 | 13,625,000 | 8,585,000 | 7,822,000 | 7,417,000 | ||||
| Gross Profit | 2,751,000 | 1,258,000 | 626,000 | 140,000 | 214,000 | 259,000 | ||||
| Admin Expenses | 2,530,000 | 1,127,000 | 406,000 | 494,000 | 338,000 | 177,000 | ||||
| Operating Profit | 221,000 | 131,000 | 220,000 | -354,000 | -124,000 | 82,000 | ||||
| Interest Payable | 158,000 | |||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | 63,000 | 131,000 | 220,000 | -354,000 | -124,000 | 82,000 | ||||
| Tax | -14,000 | -23,000 | -21,000 | 46,000 | 25,000 | -15,000 | ||||
| Profit After Tax | 49,000 | 108,000 | 199,000 | -308,000 | -99,000 | 67,000 | ||||
| Dividends Paid | ||||||||||
| Retained Profit | 49,000 | 108,000 | 199,000 | -308,000 | -99,000 | 67,000 | ||||
| Employee Costs | 1,281,000 | 606,000 | ||||||||
| Number Of Employees | 36 | 22 | 3 | 3 | 3 | 3 | ||||
| EBITDA* | 223,000 | 131,000 | 220,000 | -354,000 | -124,000 | 82,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Dec 2022 | Dec 2021 | Jan 2021 | Jan 2020 | Jan 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Sep 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,000 | |||||||||
| Intangible Assets | ||||||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | 13,000 | |||||||||
| Total Fixed Assets | 20,000 | |||||||||
| Stock & work in progress | ||||||||||
| Trade Debtors | 3,222,000 | 1,882,000 | 843,000 | 512,000 | 635,000 | 1,496,000 | ||||
| Group Debtors | 7,524,000 | 86,000 | 1,000 | 433,000 | ||||||
| Misc Debtors | 737,000 | 1,033,000 | 514,000 | 111,000 | 129,000 | 4,000 | ||||
| Cash | 12,000 | 822,000 | 1,351,000 | 752,000 | ||||||
| misc current assets | ||||||||||
| total current assets | 11,495,000 | 3,823,000 | 2,709,000 | 1,375,000 | 1,197,000 | 1,500,000 | ||||
| total assets | 11,515,000 | 3,823,000 | 2,709,000 | 1,375,000 | 1,197,000 | 1,500,000 | ||||
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | 5,057,000 | 2,061,000 | 2,482,000 | 818,000 | 945,000 | 361,000 | ||||
| Group/Directors Accounts | 4,210,000 | 1,077,000 | 171,000 | 500,000 | 66,000 | 420,000 | ||||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 2,232,000 | 718,000 | 197,000 | 397,000 | 218,000 | 652,000 | ||||
| total current liabilities | 11,499,000 | 3,856,000 | 2,850,000 | 1,715,000 | 1,229,000 | 1,433,000 | ||||
| loans | ||||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | ||||||||||
| provisions | ||||||||||
| total long term liabilities | ||||||||||
| total liabilities | 11,499,000 | 3,856,000 | 2,850,000 | 1,715,000 | 1,229,000 | 1,433,000 | ||||
| net assets | 16,000 | -33,000 | -141,000 | -340,000 | -32,000 | 67,000 | ||||
| total shareholders funds | 16,000 | -33,000 | -141,000 | -340,000 | -32,000 | 67,000 |
| Mar 2024 | Dec 2022 | Dec 2021 | Jan 2021 | Jan 2020 | Jan 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Sep 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 221,000 | 131,000 | 220,000 | -354,000 | -124,000 | 82,000 | ||||
| Depreciation | 2,000 | |||||||||
| Amortisation | ||||||||||
| Tax | -14,000 | -23,000 | -21,000 | 46,000 | 25,000 | -15,000 | ||||
| Stock | ||||||||||
| Debtors | 11,496,000 | 1,643,000 | 161,000 | -574,000 | -303,000 | 1,500,000 | ||||
| Creditors | 5,057,000 | -421,000 | 1,537,000 | -127,000 | 584,000 | 361,000 | ||||
| Accruals and Deferred Income | 2,232,000 | 521,000 | -21,000 | 179,000 | -434,000 | 652,000 | ||||
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | -3,998,000 | -1,435,000 | 1,554,000 | 318,000 | 354,000 | -420,000 | ||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | 4,210,000 | 906,000 | 105,000 | 434,000 | -354,000 | 420,000 | ||||
| Other Short Term Loans | ||||||||||
| Long term loans | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | ||||||||||
| share issue | ||||||||||
| interest | -158,000 | |||||||||
| cash flow from financing | 4,019,000 | 906,000 | -203,000 | 434,000 | -354,000 | 420,000 | ||||
| cash and cash equivalents | ||||||||||
| cash | 12,000 | -529,000 | 1,351,000 | 752,000 | ||||||
| overdraft | ||||||||||
| change in cash | 12,000 | -529,000 | 1,351,000 | 752,000 |
litmus workforce solutions limited Credit Report and Business Information
Litmus Workforce Solutions Limited Competitor Analysis
Perform a competitor analysis for litmus workforce solutions limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in W1D area or any other competitors across 12 key performance metrics.
litmus workforce solutions limited Ownership
LITMUS WORKFORCE SOLUTIONS LIMITED group structure
Litmus Workforce Solutions Limited has no subsidiary companies.
Ultimate parent company
2 parents
LITMUS WORKFORCE SOLUTIONS LIMITED
08674486
litmus workforce solutions limited directors
Litmus Workforce Solutions Limited currently has 2 directors. The longest serving directors include Ms Rebecca Watson (Jul 2015) and Mr Phillip Thomas (Apr 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Rebecca Watson | United Kingdom | 55 years | Jul 2015 | - | Director |
| Mr Phillip Thomas | United Kingdom | 46 years | Apr 2024 | - | Director |
P&L
March 2024turnover
38.4m
0%
operating profit
221k
0%
gross margin
7.2%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
16k
0%
total assets
11.5m
0%
cash
12k
0%
net assets
Total assets minus all liabilities
litmus workforce solutions limited company details
company number
08674486
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
September 2013
age
12
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
March 2024
previous names
litmus managed solutions limited (June 2019)
shoo 584 limited (December 2013)
accountant
-
auditor
-
address
33 soho square, london, W1D 3QU
Bank
-
Legal Advisor
-
litmus workforce solutions 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 2 charges/mortgages relating to litmus workforce solutions limited. Currently there are 2 open charges and 0 have been satisfied in the past.
litmus workforce solutions limited 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 LITMUS WORKFORCE SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
litmus workforce solutions limited Companies House Filings - See Documents
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