
Company Number
09753386
Next Accounts
1474 days late
Directors
Shareholders
hive 360 limited
Group Structure
View All
Industry
Other human resources provision
Registered Address
8th floor (west wing), 54 hagley road, birmingham, B16 8PE
Website
https://www.peopleready.comPomanda estimates the enterprise value of NOW STAFFING LIMITED at £15.5k based on a Turnover of £134.3k and 0.12x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of NOW STAFFING LIMITED at £0 based on an EBITDA of £-4.5k and a 2.26x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of NOW STAFFING LIMITED at £4.2k based on Net Assets of £3.2k and 1.32x industry multiple (adjusted for liquidity).
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Now Staffing Limited is a live company located in birmingham, B16 8PE with a Companies House number of 09753386. It operates in the human resources provision and management of human resources functions sector, SIC Code 78300. Founded in August 2015, it's largest shareholder is hive 360 limited with a 100% stake. Now Staffing Limited is a established, micro sized company, Pomanda has estimated its turnover at £134.3k with unknown growth in recent years.
Pomanda's financial health check has awarded Now Staffing 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
2 Regular
6 Weak
Size
annual sales of £134.3k, make it smaller than the average company (£4.5m)
- Now Staffing Limited
£4.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Now Staffing Limited
- - Industry AVG
Production
with a gross margin of 8.5%, this company has a higher cost of product (20.8%)
- Now Staffing Limited
20.8% - Industry AVG
Profitability
an operating margin of -3.4% make it less profitable than the average company (3.1%)
- Now Staffing Limited
3.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (79)
- Now Staffing Limited
79 - Industry AVG
Pay Structure
on an average salary of £51.9k, the company has an equivalent pay structure (£51.9k)
- Now Staffing Limited
£51.9k - Industry AVG
Efficiency
resulting in sales per employee of £134.3k, this is more efficient (£105.8k)
- Now Staffing Limited
£105.8k - Industry AVG
Debtor Days
it gets paid by customers after 63 days, this is later than average (48 days)
- Now Staffing Limited
48 days - Industry AVG
Creditor Days
its suppliers are paid after 46 days, this is slower than average (12 days)
- Now Staffing Limited
12 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Now Staffing Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Now Staffing Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.5%, this is a similar level of debt than the average (84.5%)
86.5% - Now Staffing Limited
84.5% - Industry AVG
Now Staffing Limited's latest turnover from July 2019 is estimated at £134.3 thousand and the company has net assets of £3.2 thousand. According to their latest financial statements, we estimate that Now Staffing Limited has 1 employee and maintains cash reserves of £1 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jul 2019 | Jul 2018 | Jun 2018 | Jun 2017 | Jun 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 | |||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2019 | Jul 2018 | Jun 2018 | Jun 2017 | Jun 2016 | |
---|---|---|---|---|---|
Tangible Assets | 3,147 | 3,200 | 4,000 | ||
Intangible Assets | 1,076,167 | 1,078,000 | |||
Investments & Other | |||||
Debtors (Due After 1 year) | |||||
Total Fixed Assets | 1,079,314 | 1,081,200 | 4,000 | ||
Stock & work in progress | |||||
Trade Debtors | 23,474 | 38,957 | 44,413 | ||
Group Debtors | |||||
Misc Debtors | |||||
Cash | 1 | 18,735 | 1 | ||
misc current assets | |||||
total current assets | 23,475 | 38,957 | 44,413 | 18,735 | 1 |
total assets | 23,475 | 1,118,271 | 1,125,613 | 22,735 | 1 |
Bank overdraft | |||||
Bank loan | |||||
Trade Creditors | 15,721 | 1,110,574 | 1,117,906 | ||
Group/Directors Accounts | |||||
other short term finances | 14,876 | ||||
hp & lease commitments | |||||
other current liabilities | |||||
total current liabilities | 15,721 | 1,110,574 | 1,117,906 | 14,876 | |
loans | |||||
hp & lease commitments | |||||
Accruals and Deferred Income | |||||
other liabilities | |||||
provisions | |||||
total long term liabilities | 4,585 | ||||
total liabilities | 20,306 | 1,110,574 | 1,117,906 | 14,876 | |
net assets | 3,169 | 7,697 | 7,707 | 7,859 | 1 |
total shareholders funds | 3,169 | 7,697 | 7,707 | 7,859 | 1 |
Jul 2019 | Jul 2018 | Jun 2018 | Jun 2017 | Jun 2016 | |
---|---|---|---|---|---|
Operating Activities | |||||
Operating Profit | |||||
Depreciation | 53 | 800 | 1,000 | ||
Amortisation | 1,833 | 22,000 | |||
Tax | |||||
Stock | |||||
Debtors | -15,483 | 38,957 | 44,413 | ||
Creditors | -1,094,853 | 1,110,574 | 1,117,906 | ||
Accruals and Deferred Income | |||||
Deferred Taxes & Provisions | |||||
Cash flow from operations | |||||
Investing Activities | |||||
capital expenditure | |||||
Change in Investments | |||||
cash flow from investments | |||||
Financing Activities | |||||
Bank loans | |||||
Group/Directors Accounts | |||||
Other Short Term Loans | -14,876 | -14,876 | 14,876 | ||
Long term loans | |||||
Hire Purchase and Lease Commitments | |||||
other long term liabilities | |||||
share issue | |||||
interest | |||||
cash flow from financing | |||||
cash and cash equivalents | |||||
cash | 1 | -18,735 | -18,735 | 18,734 | 1 |
overdraft | |||||
change in cash | 1 | -18,735 | -18,735 | 18,734 | 1 |
Perform a competitor analysis for now staffing limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in B16 area or any other competitors across 12 key performance metrics.
NOW STAFFING LIMITED group structure
Now Staffing Limited has no subsidiary companies.
Now Staffing Limited currently has 1 director, Mr David McCormack serving since Jan 2020.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr David McCormack | England | 60 years | Jan 2020 | - | Director |
P&L
July 2019turnover
134.3k
-97%
operating profit
-4.5k
0%
gross margin
8.5%
-10.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2019net assets
3.2k
-0.59%
total assets
23.5k
-0.98%
cash
1
0%
net assets
Total assets minus all liabilities
company number
09753386
Type
Private limited with Share Capital
industry
78300 - Other human resources provision
incorporation date
August 2015
age
10
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
July 2019
previous names
now education staff ltd (August 2016)
farrow payroll limited (July 2016)
accountant
SGP ACCOUNTANTS LIMITED
auditor
-
address
8th floor (west wing), 54 hagley road, birmingham, B16 8PE
Bank
-
Legal Advisor
-
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 now staffing limited.
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.
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