Better Recruitment Services Limited

POWER SEARCH PRICING

SOLUTIONS

better recruitment services limited Company Information

Live (In Liquidation)

YoungSmallRapid

Company Number

09658966

Website

Registered Address

the old bank 187a ashley road, hale, cheshire, WA15 9SQ

Industry

Temporary employment agency activities

Telephone

Next Accounts Due

50 days late

Group Structure

View All

Directors

Leslie Finlay4 Years

Shareholders

leslie john finlay 100%

better recruitment services limited Estimated Valuation

£579.5k

Pomanda estimates the enterprise value of BETTER RECRUITMENT SERVICES LIMITED at £579.5k based on a Turnover of £3.4m and 0.17x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Better Recruitment Services Limited is a live company located in cheshire, WA15 9SQ with a Companies House number of 09658966. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in June 2015, it's largest shareholder is leslie john finlay with a 100% stake. Better Recruitment Services Limited is a young, small sized company, Pomanda has estimated its turnover at £3.4m with rapid growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Better Recruitment Services Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating2.5out of 5

2 Strong

4 Regular

5 Weak

Size

annual sales of £3.4m, make it smaller than the average company (£12m)

Growth

3 year (CAGR) sales growth of 95%, show it is growing at a faster rate (0%)

EXPORT

Better Recruitment Services Limited's latest turnover from October 2022 is estimated at £3.4 million and the company has net assets of -£141.7 thousand. According to their latest financial statements, Better Recruitment Services Limited has 43 employees and maintains cash reserves of £52.9 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017	Oct 2016	Oct 2015
Turnover	3,360,555	3,938,083	1,184,783	450,095	706,466	919,713	493,146	70,674
Other Income Or Grants	0	0	0	0	0	0	0	0
Cost Of Sales	2,782,065	3,345,726	997,092	375,078	586,149	758,904	407,310	58,614
Gross Profit	578,491	592,356	187,691	75,017	120,317	160,808	85,836	12,061
Admin Expenses	763,389	521,847	197,120	53,430	111,317	172,043	61,442	11,660
Operating Profit	-184,898	70,509	-9,429	21,587	9,000	-11,235	24,394	401
Interest Payable	11,391	10,540	5,882	3,955	8,070	3,810	0	0
Interest Receivable	1,219	74	47	3	6	2	1	0
Pre-Tax Profit	-195,069	60,043	-15,264	17,636	936	-15,043	24,395	401
Tax	0	-11,408	0	-3,351	-178	0	-4,879	-80
Profit After Tax	-195,069	48,635	-15,264	14,285	758	-15,043	19,516	321
Dividends Paid	0	0	0	0	0	0	0	0
Retained Profit	-195,069	48,635	-15,264	14,285	758	-15,043	19,516	321
Employee Costs	2,083,576	1,810,728	82,528	118,390	38,706	78,760	116,509	38,022
Number Of Employees	43	43	2	3	1	2	3	1
EBITDA*	-181,143	72,808	-9,429	23,348	9,000	-10,863	24,766	494

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017	Oct 2016	Oct 2015
Tangible Assets	4,489	2,088	2,693	1,025	4,917	0	1,025	1,397
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	4,489	2,088	2,693	1,025	4,917	0	1,025	1,397
Stock & work in progress	0	0	0	0	2,819	0	0	1,606
Trade Debtors	187,953	290,488	218,748	0	132,549	180,427	0	0
Group Debtors	0	41,093	0	61,306	0	0	61,306	0
Misc Debtors	18,149	16,643	1,651	6,284	0	9,706	6,284	2,780
Cash	52,947	55,446	93,242	530	331	1,306	530	0
misc current assets	0	0	0	0	0	0	0	0
total current assets	259,049	403,670	313,641	68,120	227,421	191,439	68,120	4,386
total assets	263,538	405,758	316,334	69,145	232,338	191,439	69,145	5,783
Bank overdraft	123,398	152,739	192,845	0	0	121,930	0	0
Bank loan	0	0	0	0	0	0	0	0
Trade Creditors	481	7,244	3,836	1,437	5,939	3,810	1,437	125
Group/Directors Accounts	38,022	0	0	32,281	0	9,861	32,281	3,068
other short term finances	0	0	0	0	117,178	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0
other current liabilities	243,298	192,367	114,880	15,490	0	50,944	15,490	2,169
total current liabilities	405,199	352,350	311,561	49,208	226,586	186,545	49,208	5,362
loans	0	0	0	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	0	0	0	0	0	0	0	0
total liabilities	405,199	352,350	311,561	49,208	226,586	186,545	49,208	5,362
net assets	-141,661	53,408	4,773	19,937	5,752	4,894	19,937	421
total shareholders funds	-141,661	53,408	4,773	19,937	5,752	4,894	19,937	421

	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017	Oct 2016	Oct 2015
Operating Activities
Operating Profit	-184,898	70,509	-9,429	21,587	9,000	-11,235	24,394	401
Depreciation	3,755	2,299	0	1,761	0	372	372	93
Amortisation	0	0	0	0	0	0	0	0
Tax	0	-11,408	0	-3,351	-178	0	-4,879	-80
Stock	0	0	0	-2,819	2,819	0	-1,606	1,606
Debtors	-142,122	127,825	152,809	-64,959	-57,584	122,543	64,810	2,780
Creditors	-6,763	3,408	2,399	-4,502	2,129	2,373	1,312	125
Accruals and Deferred Income	50,931	77,487	99,390	15,490	-50,944	35,454	13,321	2,169
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0
Cash flow from operations	5,147	14,470	-60,449	98,763	14,772	-95,579	-28,684	-1,678
Investing Activities
capital expenditure	-6,156	-1,694	-1,668	2,131	-4,917	653	0	-1,490
Change in Investments	0	0	0	0	0	0	0	0
cash flow from investments	-6,156	-1,694	-1,668	2,131	-4,917	653	0	-1,490
Financing Activities
Bank loans	0	0	0	0	0	0	0	0
Group/Directors Accounts	38,022	0	-32,281	32,281	-9,861	-22,420	29,213	3,068
Other Short Term Loans	0	0	0	-117,178	117,178	0	0	0
Long term loans	0	0	0	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	0	0	100	-100	100	0	0	100
interest	-10,172	-10,466	-5,835	-3,952	-8,064	-3,808	1	0
cash flow from financing	27,850	-10,466	-38,016	-88,949	99,353	-26,228	29,214	3,168
cash and cash equivalents
cash	-2,499	-37,796	92,712	199	-975	776	530	0
overdraft	-29,341	-40,106	192,845	0	-121,930	121,930	0	0
change in cash	26,842	2,310	-100,133	199	120,955	-121,154	530	0

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for better recruitment services limited. Get real-time insights into better recruitment services limited'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

Perform a competitor analysis for better recruitment services limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in WA15 area or any other competitors across 12 key performance metrics.

BETTER RECRUITMENT SERVICES LIMITED group structure

Better Recruitment Services Limited has 1 subsidiary company.

Ultimate parent company

BETTER RECRUITMENT SERVICES LIMITED

09658966

1 subsidiary

ALPHA TEKNIK LIMITED

09703106

BETTER RECRUITMENT SERVICES LIMITED Shareholders

leslie john finlay

100%

Better Recruitment Services Limited currently has 1 director, Mr Leslie Finlay serving since Oct 2019.

officer	country	age	start	end	role
Mr Leslie Finlay		60 years	Oct 2019	-	Director

P&L

October 2022

turnover

3.4m

-15%

operating profit

-184.9k

gross margin

17.3%

+14.44%

turnover

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

Balance Sheet

October 2022

net assets

-141.7k

-3.65%

total assets

263.5k

-0.35%

cash

52.9k

-0.05%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

tte apprenticeship training agency limited

the catering agency limited

a w contracting (poultry) ltd

it consort limited

sudnik employment agency limited

3.5

company number

09658966

Type

Private limited with Share Capital

industry

78200 - Temporary employment agency activities

incorporation date

June 2015

accounts

Total Exemption Full

ultimate parent company

None

previous names

bluestones one chester limited (June 2020)

zebralight recruitment limited (July 2018)

last accounts submitted

October 2022

address

the old bank 187a ashley road, hale, cheshire, WA15 9SQ

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 3 charges/mortgages relating to better recruitment services limited. Currently there are 0 open charges and 3 have been satisfied in the past.

better recruitment services limited Company Information

better recruitment services limited Estimated Valuation

better recruitment services limited Estimated Valuation

better recruitment services limited Estimated Valuation

Better Recruitment Services Limited Overview

Better Recruitment Services Limited Health Check

BETTER RECRUITMENT SERVICES LIMITED financials

better recruitment services limited Credit Report and Business Information

Better Recruitment Services Limited Competitor Analysis

better recruitment services limited Ownership

better recruitment services limited directors

better recruitment services limited company details

better recruitment services limited Charges & Mortgages

better recruitment services limited Companies House Filings - See Documents