assign group ltd

assign group ltd Company Information

Share ASSIGN GROUP LTD
Live 
EstablishedSmallLow

Company Number

09264493

Industry

Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.

 

Shareholders

nrds holdings ltd

atish shah

Group Structure

View All

Contact

Registered Address

307 seven sisters road, manor house, london, N4 1QR

assign group ltd Estimated Valuation

£76k

Pomanda estimates the enterprise value of ASSIGN GROUP LTD at £76k based on a Turnover of £617.3k and 0.12x industry multiple (adjusted for size and gross margin).

assign group ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of ASSIGN GROUP LTD at £0 based on an EBITDA of £-58.6k and a 2.16x industry multiple (adjusted for size and gross margin).

assign group ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of ASSIGN GROUP LTD at £0 based on Net Assets of £-187.8k and 1.61x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Assign Group Ltd Overview

Assign Group Ltd is a live company located in london, N4 1QR with a Companies House number of 09264493. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in October 2014, it's largest shareholder is nrds holdings ltd with a 50% stake. Assign Group Ltd is a established, small sized company, Pomanda has estimated its turnover at £617.3k with low growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Assign Group Ltd Health Check

Pomanda's financial health check has awarded Assign Group Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £617.3k, make it smaller than the average company (£7.3m)

£617.3k - Assign Group Ltd

£7.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (5.1%)

3% - Assign Group Ltd

5.1% - Industry AVG

production

Production

with a gross margin of 13.5%, this company has a higher cost of product (25%)

13.5% - Assign Group Ltd

25% - Industry AVG

profitability

Profitability

an operating margin of -9.5% make it less profitable than the average company (4.4%)

-9.5% - Assign Group Ltd

4.4% - Industry AVG

employees

Employees

with 8 employees, this is below the industry average (37)

8 - Assign Group Ltd

37 - Industry AVG

paystructure

Pay Structure

on an average salary of £51.5k, the company has an equivalent pay structure (£51.5k)

£51.5k - Assign Group Ltd

£51.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £77.2k, this is less efficient (£172.2k)

£77.2k - Assign Group Ltd

£172.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 7 days, this is earlier than average (45 days)

7 days - Assign Group Ltd

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 129 days, this is slower than average (9 days)

129 days - Assign Group Ltd

9 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Assign Group Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Assign Group Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 631.1%, this is a higher level of debt than the average (66.7%)

631.1% - Assign Group Ltd

66.7% - Industry AVG

ASSIGN GROUP LTD financials

EXPORTms excel logo

Assign Group Ltd's latest turnover from October 2023 is estimated at £617.3 thousand and the company has net assets of -£187.8 thousand. According to their latest financial statements, Assign Group Ltd has 8 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015
Turnover617,326502,040713,592572,334627,123507,117537,28681,566112,236
Other Income Or Grants000000000
Cost Of Sales533,972432,815625,025495,055546,000441,266464,55769,98296,140
Gross Profit83,35469,22688,56777,27981,12265,85172,72911,58516,096
Admin Expenses141,97071,30792,37183,817129,61284,35364,51845,72838,427
Operating Profit-58,616-2,081-3,804-6,538-48,490-18,5028,211-34,143-22,331
Interest Payable000000000
Interest Receivable00000071311
Pre-Tax Profit-58,616-2,081-3,804-6,538-48,490-18,5028,219-34,130-22,320
Tax000000-1,56200
Profit After Tax-58,616-2,081-3,804-6,538-48,490-18,5026,657-34,130-22,320
Dividends Paid000000000
Retained Profit-58,616-2,081-3,804-6,538-48,490-18,5026,657-34,130-22,320
Employee Costs412,159384,993338,457335,754435,21184,76382,91540,93640,086
Number Of Employees8888102211
EBITDA*-58,616-2,081-3,804-6,538-48,490-18,5028,211-31,771-20,735

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015
Tangible Assets21,86123,06522,04622,06823,67825,69728,1405,1684,038
Intangible Assets000000017,62316,517
Investments & Other000000000
Debtors (Due After 1 year)00000001,9081,824
Total Fixed Assets21,86123,06522,04622,06823,67825,69728,14024,69922,379
Stock & work in progress000000000
Trade Debtors13,50236,04977,45214,72918,31340,96045,12621,72326,986
Group Debtors000000000
Misc Debtors03,6127,94512,27813,0000000
Cash00000005,6724,471
misc current assets000000000
total current assets13,50239,66185,39727,00731,31340,96045,12627,39531,457
total assets35,36362,726107,44349,07554,99166,65773,26652,09453,836
Bank overdraft000000000
Bank loan000000000
Trade Creditors 189,020147,767184,570172,398171,776134,952123,0591,3095,694
Group/Directors Accounts0000000100,52359,624
other short term finances000000000
hp & lease commitments000000000
other current liabilities00000006,5126,527
total current liabilities189,020147,767184,570172,398171,776134,952123,059108,34471,845
loans000000000
hp & lease commitments000000000
Accruals and Deferred Income000000000
other liabilities34,16744,16750,000000000
provisions000000004,111
total long term liabilities34,16744,16750,000000004,111
total liabilities223,187191,934234,570172,398171,776134,952123,059108,34475,956
net assets-187,824-129,208-127,127-123,323-116,785-68,295-49,793-56,250-22,120
total shareholders funds-187,824-129,208-127,127-123,323-116,785-68,295-49,793-56,250-22,120
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015
Operating Activities
Operating Profit-58,616-2,081-3,804-6,538-48,490-18,5028,211-34,143-22,331
Depreciation00000001,266490
Amortisation00000001,1061,106
Tax000000-1,56200
Stock000000000
Debtors-26,159-45,73658,390-4,306-9,647-4,16621,495-5,17928,810
Creditors41,253-36,80312,17262236,82411,893121,750-4,3855,694
Accruals and Deferred Income000000-6,512-156,527
Deferred Taxes & Provisions0000000-4,1114,111
Cash flow from operations8,7966,852-50,022-1,610-2,019-2,443100,392-35,103-33,213
Investing Activities
capital expenditure1,204-1,019221,6102,0192,443-5,349-4,608-22,151
Change in Investments000000000
cash flow from investments1,204-1,019221,6102,0192,443-5,349-4,608-22,151
Financing Activities
Bank loans000000000
Group/Directors Accounts000000-100,52340,89959,624
Other Short Term Loans 000000000
Long term loans000000000
Hire Purchase and Lease Commitments000000000
other long term liabilities-10,000-5,83350,000000000
share issue000000-2000200
interest00000071311
cash flow from financing-10,000-5,83350,000000-100,71640,91259,835
cash and cash equivalents
cash000000-5,6721,2014,471
overdraft000000000
change in cash000000-5,6721,2014,471

assign group ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for assign group ltd. Get real-time insights into assign group ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Assign Group Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for assign group ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in N 4 area or any other competitors across 12 key performance metrics.

assign group ltd Ownership

ASSIGN GROUP LTD group structure

Assign Group Ltd has no subsidiary companies.

Ultimate parent company

ASSIGN GROUP LTD

09264493

ASSIGN GROUP LTD Shareholders

nrds holdings ltd 50%
atish shah 50%

assign group ltd directors

Assign Group Ltd currently has 2 directors. The longest serving directors include Mr Atish Shah (Oct 2014) and Dr Neil Shah (Oct 2014).

officercountryagestartendrole
Mr Atish ShahEngland45 years Oct 2014- Director
Dr Neil ShahUnited Kingdom41 years Oct 2014- Director

P&L

October 2023

turnover

617.3k

+23%

operating profit

-58.6k

0%

gross margin

13.6%

-2.08%

turnover

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

Balance Sheet

October 2023

net assets

-187.8k

+0.45%

total assets

35.4k

-0.44%

cash

0

0%

net assets

Total assets minus all liabilities

assign group ltd company details

company number

09264493

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

October 2014

age

10

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

October 2023

previous names

appoint healthcare recruitment ltd (February 2015)

accountant

-

auditor

-

address

307 seven sisters road, manor house, london, N4 1QR

Bank

-

Legal Advisor

-

assign group ltd 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 assign group ltd.

assign group ltd 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 ASSIGN GROUP LTD. This can take several minutes, an email will notify you when this has completed.

assign group ltd Companies House Filings - See Documents

datedescriptionview/download