reachout recruit limited
reachout recruit limited Company Information
Company Number
09343511
Website
reachoutrecruit.co.ukRegistered Address
869 high road, london, N12 8QA
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Telephone
442036328527
Next Accounts Due
December 2024
Group Structure
View All
Directors
Paul Clarke9 Years
Shareholders
paul clarke 50%
joanna clarke 50%
reachout recruit limited Estimated Valuation
Pomanda estimates the enterprise value of REACHOUT RECRUIT LIMITED at £908.2k based on a Turnover of £4.8m and 0.19x industry multiple (adjusted for size and gross margin).
reachout recruit limited Estimated Valuation
Pomanda estimates the enterprise value of REACHOUT RECRUIT LIMITED at £0 based on an EBITDA of £-37.1k and a 3.38x industry multiple (adjusted for size and gross margin).
reachout recruit limited Estimated Valuation
Pomanda estimates the enterprise value of REACHOUT RECRUIT LIMITED at £0 based on Net Assets of £-454.7k and 1.72x industry multiple (adjusted for liquidity).
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Reachout Recruit Limited Overview
Reachout Recruit Limited is a live company located in london, N12 8QA with a Companies House number of 09343511. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in December 2014, it's largest shareholder is paul clarke with a 50% stake. Reachout Recruit Limited is a established, small sized company, Pomanda has estimated its turnover at £4.8m with declining growth in recent years.
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Reachout Recruit Limited Health Check
Pomanda's financial health check has awarded Reachout Recruit Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £4.8m, make it in line with the average company (£5.9m)
- Reachout Recruit Limited
£5.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (3.8%)
- Reachout Recruit Limited
3.8% - Industry AVG
Production
with a gross margin of 25.2%, this company has a comparable cost of product (25.2%)
- Reachout Recruit Limited
25.2% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (4.7%)
- Reachout Recruit Limited
4.7% - Industry AVG
Employees
with 6 employees, this is below the industry average (32)
6 - Reachout Recruit Limited
32 - Industry AVG
Pay Structure
on an average salary of £47.9k, the company has an equivalent pay structure (£47.9k)
- Reachout Recruit Limited
£47.9k - Industry AVG
Efficiency
resulting in sales per employee of £801.5k, this is more efficient (£147.3k)
- Reachout Recruit Limited
£147.3k - Industry AVG
Debtor Days
it gets paid by customers after 37 days, this is earlier than average (47 days)
- Reachout Recruit Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is slower than average (8 days)
- Reachout Recruit Limited
8 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Reachout Recruit Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Reachout Recruit Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 176.2%, this is a higher level of debt than the average (66%)
176.2% - Reachout Recruit Limited
66% - Industry AVG
REACHOUT RECRUIT LIMITED financials
Reachout Recruit Limited's latest turnover from March 2023 is estimated at £4.8 million and the company has net assets of -£454.7 thousand. According to their latest financial statements, Reachout Recruit Limited has 6 employees and maintains cash reserves of £7.2 thousand 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 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 6 | 10 | 10 | 10 | 10 | 13 | 7 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,246 | 2,655 | 3,954 | 5,751 | 5,564 | 4,716 | 3,414 | 2,313 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,246 | 2,655 | 3,954 | 5,751 | 5,564 | 4,716 | 3,414 | 2,313 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 492,369 | 317,941 | 497,938 | 1,195,638 | 1,649,973 | 569,269 | 210,707 | 268,411 |
| Group Debtors | 0 | 32,199 | 96,199 | 151,448 | 110,000 | 0 | 0 | 0 |
| Misc Debtors | 91,497 | 95,338 | 20,829 | 110,911 | 11,493 | 78,984 | 38,369 | 11,180 |
| Cash | 7,233 | 6,807 | 7,246 | 22,444 | 57,922 | 52,455 | 11,571 | 5,133 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 591,099 | 452,285 | 622,212 | 1,480,441 | 1,829,388 | 700,708 | 260,647 | 284,724 |
| total assets | 596,345 | 454,940 | 626,166 | 1,486,192 | 1,834,952 | 705,424 | 264,061 | 287,037 |
| Bank overdraft | 29,200 | 29,300 | 18,383 | 7,262 | 23,674 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 337,172 | 300,027 | 192,341 | 236,877 | 459,364 | 43,609 | 0 | 3,222 |
| Group/Directors Accounts | 42,950 | 0 | 0 | 0 | 5,751 | 86,340 | 76,733 | 57,359 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 576,361 | 433,683 | 577,834 | 1,155,020 | 1,303,193 | 573,272 | 223,496 | 224,507 |
| total current liabilities | 985,683 | 763,010 | 788,558 | 1,399,159 | 1,791,982 | 703,221 | 300,229 | 285,088 |
| loans | 65,328 | 96,834 | 127,617 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 65,328 | 96,834 | 127,617 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,051,011 | 859,844 | 916,175 | 1,399,159 | 1,791,982 | 703,221 | 300,229 | 285,088 |
| net assets | -454,666 | -404,904 | -290,009 | 87,033 | 42,970 | 2,203 | -36,168 | 1,949 |
| total shareholders funds | -454,666 | -404,904 | -290,009 | 87,033 | 42,970 | 2,203 | -36,168 | 1,949 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 1,648 | 1,615 | 2,253 | 2,403 | 2,164 | 2,302 | 1,773 | 1,017 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 138,388 | -169,488 | -843,031 | -313,469 | 1,123,213 | 399,177 | -30,515 | 279,591 |
| Creditors | 37,145 | 107,686 | -44,536 | -222,487 | 415,755 | 43,609 | -3,222 | 3,222 |
| Accruals and Deferred Income | 142,678 | -144,151 | -577,186 | -148,173 | 729,921 | 349,776 | -1,011 | 224,507 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 42,950 | 0 | 0 | -5,751 | -80,589 | 9,607 | 19,374 | 57,359 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -31,506 | -30,783 | 127,617 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 426 | -439 | -15,198 | -35,478 | 5,467 | 40,884 | 6,438 | 5,133 |
| overdraft | -100 | 10,917 | 11,121 | -16,412 | 23,674 | 0 | 0 | 0 |
| change in cash | 526 | -11,356 | -26,319 | -19,066 | -18,207 | 40,884 | 6,438 | 5,133 |
reachout recruit limited Credit Report and Business Information
Reachout Recruit Limited Competitor Analysis
Perform a competitor analysis for reachout recruit limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in N12 area or any other competitors across 12 key performance metrics.
reachout recruit limited Ownership
REACHOUT RECRUIT LIMITED group structure
Reachout Recruit Limited has no subsidiary companies.
Ultimate parent company
REACHOUT RECRUIT LIMITED
09343511
reachout recruit limited directors
Reachout Recruit Limited currently has 1 director, Mr Paul Clarke serving since Dec 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Clarke | United Kingdom | 52 years | Dec 2014 | - | Director |
P&L
March 2023turnover
4.8m
+34%
operating profit
-38.8k
0%
gross margin
25.2%
-0.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-454.7k
+0.12%
total assets
596.3k
+0.31%
cash
7.2k
+0.06%
net assets
Total assets minus all liabilities
reachout recruit limited company details
company number
09343511
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
December 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
EA CHARTERED ACCOUNTANTS
auditor
-
address
869 high road, london, N12 8QA
Bank
-
Legal Advisor
-
reachout recruit 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 4 charges/mortgages relating to reachout recruit limited. Currently there are 2 open charges and 2 have been satisfied in the past.
reachout recruit limited Companies House Filings - See Documents
| date | description | view/download |
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