devonshire hayes recruitment specialists limited
devonshire hayes recruitment specialists limited Company Information
Company Number
09411043
Website
www.devonshirehayes.comRegistered Address
create business hub, 101-135 kings road, essex, CM14 4DR
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Telephone
02036757171
Next Accounts Due
43 days late
Group Structure
View All
Shareholders
matthew robert hayes 45%
christopher john william devonshire 45%
View Alldevonshire hayes recruitment specialists limited Estimated Valuation
Pomanda estimates the enterprise value of DEVONSHIRE HAYES RECRUITMENT SPECIALISTS LIMITED at £273.5k based on a Turnover of £2.1m and 0.13x industry multiple (adjusted for size and gross margin).
devonshire hayes recruitment specialists limited Estimated Valuation
Pomanda estimates the enterprise value of DEVONSHIRE HAYES RECRUITMENT SPECIALISTS LIMITED at £0 based on an EBITDA of £-99.4k and a 2.34x industry multiple (adjusted for size and gross margin).
devonshire hayes recruitment specialists limited Estimated Valuation
Pomanda estimates the enterprise value of DEVONSHIRE HAYES RECRUITMENT SPECIALISTS LIMITED at £22k based on Net Assets of £13.5k and 1.64x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Devonshire Hayes Recruitment Specialists Limited Overview
Devonshire Hayes Recruitment Specialists Limited is a live company located in essex, CM14 4DR with a Companies House number of 09411043. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in January 2015, it's largest shareholder is matthew robert hayes with a 45% stake. Devonshire Hayes Recruitment Specialists Limited is a young, small sized company, Pomanda has estimated its turnover at £2.1m with rapid growth in recent years.
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Devonshire Hayes Recruitment Specialists Limited Health Check
Pomanda's financial health check has awarded Devonshire Hayes Recruitment Specialists Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£8.1m)
- Devonshire Hayes Recruitment Specialists Limited
£8.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 64%, show it is growing at a faster rate (3.3%)
- Devonshire Hayes Recruitment Specialists Limited
3.3% - Industry AVG
Production
with a gross margin of 14.4%, this company has a higher cost of product (26.8%)
- Devonshire Hayes Recruitment Specialists Limited
26.8% - Industry AVG
Profitability
an operating margin of -5.1% make it less profitable than the average company (4.9%)
- Devonshire Hayes Recruitment Specialists Limited
4.9% - Industry AVG
Employees
with 10 employees, this is below the industry average (35)
10 - Devonshire Hayes Recruitment Specialists Limited
35 - Industry AVG
Pay Structure
on an average salary of £53.1k, the company has an equivalent pay structure (£53.1k)
- Devonshire Hayes Recruitment Specialists Limited
£53.1k - Industry AVG
Efficiency
resulting in sales per employee of £209.3k, this is equally as efficient (£200.6k)
- Devonshire Hayes Recruitment Specialists Limited
£200.6k - Industry AVG
Debtor Days
it gets paid by customers after 72 days, this is later than average (50 days)
- Devonshire Hayes Recruitment Specialists Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 78 days, this is slower than average (10 days)
- Devonshire Hayes Recruitment Specialists Limited
10 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Devonshire Hayes Recruitment Specialists Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is average cash available to meet short term requirements (12 weeks)
12 weeks - Devonshire Hayes Recruitment Specialists Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.5%, this is a higher level of debt than the average (68.3%)
97.5% - Devonshire Hayes Recruitment Specialists Limited
68.3% - Industry AVG
DEVONSHIRE HAYES RECRUITMENT SPECIALISTS LIMITED financials
Devonshire Hayes Recruitment Specialists Limited's latest turnover from December 2022 is estimated at £2.1 million and the company has net assets of £13.5 thousand. According to their latest financial statements, Devonshire Hayes Recruitment Specialists Limited has 10 employees and maintains cash reserves of £93.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 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 | 10 | 8 | 5 | 5 | 5 | 6 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 24,574 | 32,765 | 6,112 | 2,683 | 3,777 | 4,671 | 4,083 | 3,664 |
| 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 | 24,574 | 32,765 | 6,112 | 2,683 | 3,777 | 4,671 | 4,083 | 3,664 |
| Stock & work in progress | 0 | 115,646 | 81,654 | 102,574 | 12,428 | 0 | 0 | 0 |
| Trade Debtors | 416,363 | 329,769 | 241,749 | 310,432 | 109,530 | 193,507 | 85,927 | 60,889 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 39,248 | 3,150 | 70,728 | 33,339 |
| Cash | 93,894 | 92,567 | 135,856 | 22,068 | 34,024 | 13,848 | 10,644 | 41,236 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 510,257 | 537,982 | 459,259 | 435,074 | 195,230 | 210,505 | 167,299 | 135,464 |
| total assets | 534,831 | 570,747 | 465,371 | 437,757 | 199,007 | 215,176 | 171,382 | 139,128 |
| Bank overdraft | 0 | 0 | 10,010 | 0 | 0 | 7,215 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 385,408 | 380,733 | 79,640 | 68,011 | 47,898 | 56,931 | 33,269 | 30,929 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 224,283 | 347,992 | 133,558 | 148,744 | 108,443 | 75,628 |
| total current liabilities | 385,408 | 380,733 | 313,933 | 416,003 | 181,456 | 212,890 | 141,712 | 106,557 |
| loans | 9,161 | 0 | 87,990 | 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 | 122,141 | 71,814 | 0 | 0 | 17,490 | 0 | 0 | 0 |
| provisions | 4,669 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 135,971 | 71,814 | 87,990 | 0 | 17,490 | 0 | 0 | 0 |
| total liabilities | 521,379 | 452,547 | 401,923 | 416,003 | 198,946 | 212,890 | 141,712 | 106,557 |
| net assets | 13,452 | 118,200 | 63,448 | 21,754 | 61 | 2,286 | 29,670 | 32,571 |
| total shareholders funds | 13,452 | 118,200 | 63,448 | 21,754 | 61 | 2,286 | 29,670 | 32,571 |
| Dec 2022 | Dec 2021 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 8,191 | 10,921 | 1,426 | 1,094 | 1,259 | 1,089 | 754 | 884 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | -115,646 | 13,072 | -20,920 | 90,146 | 12,428 | 0 | 0 | 0 |
| Debtors | 86,594 | 19,337 | -68,683 | 161,654 | -47,879 | 40,002 | 62,427 | 94,228 |
| Creditors | 4,675 | 312,722 | 11,629 | 20,113 | -9,033 | 23,662 | 2,340 | 30,929 |
| Accruals and Deferred Income | 0 | -347,992 | -123,709 | 214,434 | -15,186 | 40,301 | 32,815 | 75,628 |
| Deferred Taxes & Provisions | 4,669 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 9,161 | 0 | 87,990 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 50,327 | 71,814 | 0 | -17,490 | 17,490 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 1,327 | 70,499 | 113,788 | -11,956 | 20,176 | 3,204 | -30,592 | 41,236 |
| overdraft | 0 | 0 | 10,010 | 0 | -7,215 | 7,215 | 0 | 0 |
| change in cash | 1,327 | 70,499 | 103,778 | -11,956 | 27,391 | -4,011 | -30,592 | 41,236 |
devonshire hayes recruitment specialists limited Credit Report and Business Information
Devonshire Hayes Recruitment Specialists Limited Competitor Analysis
Perform a competitor analysis for devonshire hayes recruitment specialists limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in CM14 area or any other competitors across 12 key performance metrics.
devonshire hayes recruitment specialists limited Ownership
DEVONSHIRE HAYES RECRUITMENT SPECIALISTS LIMITED group structure
Devonshire Hayes Recruitment Specialists Limited has no subsidiary companies.
Ultimate parent company
DEVONSHIRE HAYES RECRUITMENT SPECIALISTS LIMITED
09411043
devonshire hayes recruitment specialists limited directors
Devonshire Hayes Recruitment Specialists Limited currently has 2 directors. The longest serving directors include Mr Matthew Hayes (Jan 2015) and Mr Christopher Devonshire (Jan 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Hayes | England | 38 years | Jan 2015 | - | Director |
| Mr Christopher Devonshire | United Kingdom | 45 years | Jan 2015 | - | Director |
P&L
December 2022turnover
2.1m
+15%
operating profit
-107.6k
0%
gross margin
14.4%
+8.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
13.5k
-0.89%
total assets
534.8k
-0.06%
cash
93.9k
+0.01%
net assets
Total assets minus all liabilities
devonshire hayes recruitment specialists limited company details
company number
09411043
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
January 2015
age
9
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2022
previous names
N/A
accountant
RAFFINGERS LLP
auditor
-
address
create business hub, 101-135 kings road, essex, CM14 4DR
Bank
-
Legal Advisor
-
devonshire hayes recruitment specialists 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 1 charges/mortgages relating to devonshire hayes recruitment specialists limited. Currently there are 1 open charges and 0 have been satisfied in the past.
devonshire hayes recruitment specialists limited Companies House Filings - See Documents
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