technichols resourcing limited
technichols resourcing limited Company Information
Company Number
10024539
Next Accounts
Nov 2025
Industry
Temporary employment agency activities
Directors
Shareholders
wesley nichols
Group Structure
View All
Contact
Registered Address
access business centre, wiloughby road, bracknell, berkshire, RG12 8FB
technichols resourcing limited Estimated Valuation
Pomanda estimates the enterprise value of TECHNICHOLS RESOURCING LIMITED at £219.5k based on a Turnover of £1.5m and 0.15x industry multiple (adjusted for size and gross margin).
technichols resourcing limited Estimated Valuation
Pomanda estimates the enterprise value of TECHNICHOLS RESOURCING LIMITED at £461.4k based on an EBITDA of £206.4k and a 2.24x industry multiple (adjusted for size and gross margin).
technichols resourcing limited Estimated Valuation
Pomanda estimates the enterprise value of TECHNICHOLS RESOURCING LIMITED at £1.3m based on Net Assets of £817.9k and 1.53x industry multiple (adjusted for liquidity).
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Technichols Resourcing Limited Overview
Technichols Resourcing Limited is a live company located in bracknell, RG12 8FB with a Companies House number of 10024539. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in February 2016, it's largest shareholder is wesley nichols with a 100% stake. Technichols Resourcing Limited is a young, small sized company, Pomanda has estimated its turnover at £1.5m with high growth in recent years.
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Technichols Resourcing Limited Health Check
Pomanda's financial health check has awarded Technichols Resourcing Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£14.6m)
- Technichols Resourcing Limited
£14.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (7.7%)
- Technichols Resourcing Limited
7.7% - Industry AVG
Production
with a gross margin of 11.2%, this company has a higher cost of product (18.3%)
- Technichols Resourcing Limited
18.3% - Industry AVG
Profitability
an operating margin of 14.1% make it more profitable than the average company (2.7%)
- Technichols Resourcing Limited
2.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (54)
2 - Technichols Resourcing Limited
54 - Industry AVG
Pay Structure
on an average salary of £50k, the company has an equivalent pay structure (£50k)
- Technichols Resourcing Limited
£50k - Industry AVG
Efficiency
resulting in sales per employee of £734.1k, this is more efficient (£207.7k)
- Technichols Resourcing Limited
£207.7k - Industry AVG
Debtor Days
it gets paid by customers after 89 days, this is later than average (43 days)
- Technichols Resourcing Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is slower than average (4 days)
- Technichols Resourcing Limited
4 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Technichols Resourcing Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Technichols Resourcing Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.4%, this is a lower level of debt than the average (68.8%)
7.4% - Technichols Resourcing Limited
68.8% - Industry AVG
TECHNICHOLS RESOURCING LIMITED financials
Technichols Resourcing Limited's latest turnover from February 2024 is estimated at £1.5 million and the company has net assets of £817.9 thousand. According to their latest financial statements, Technichols Resourcing Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 10,381 | |||||||
| Number Of Employees | 2 | 1 | 1 | 1 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 6,787 | 3,616 | 2,716 | 341 | 683 |
| Intangible Assets | 0 | 0 | 0 | 0 | 8,036 | 0 | 0 | 0 |
| Investments & Other | 522,712 | 528,712 | 439,412 | 190,800 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 522,712 | 528,712 | 439,412 | 197,587 | 11,652 | 2,716 | 341 | 683 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 360,557 | 264,716 | 154,725 | 164,495 | 29,254 | 173,311 | 101,280 | 12,852 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 126,256 | 0 | 0 | 9,578 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 360,557 | 264,716 | 154,725 | 164,495 | 258,846 | 173,311 | 101,280 | 22,430 |
| total assets | 883,269 | 793,428 | 594,137 | 362,082 | 270,498 | 176,027 | 101,621 | 23,113 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 49,959 | 116,937 | 69,731 | 38,056 | 2,920 | 44,924 | 44,050 | 2,053 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,986 |
| 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 | 0 | 0 | 47,719 | 0 | 0 | 13,170 |
| total current liabilities | 49,959 | 116,937 | 69,731 | 38,056 | 50,639 | 44,924 | 44,050 | 18,209 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 15,402 | 13,395 | 58,555 | 45,192 | 0 | 420 | 420 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 15,402 | 13,395 | 58,555 | 45,192 | 0 | 420 | 420 | 0 |
| total liabilities | 65,361 | 130,332 | 128,286 | 83,248 | 50,639 | 45,344 | 44,470 | 18,209 |
| net assets | 817,908 | 663,096 | 465,851 | 278,834 | 219,859 | 130,683 | 57,151 | 4,904 |
| total shareholders funds | 817,908 | 663,096 | 465,851 | 278,834 | 219,859 | 130,683 | 57,151 | 4,904 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 342 | ||
| Amortisation | 0 | 0 | 0 | 4,865 | 0 | 0 | ||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 95,841 | 109,991 | -9,770 | 135,241 | -144,057 | 72,031 | 88,428 | 12,852 |
| Creditors | -66,978 | 47,206 | 31,675 | 35,136 | -42,004 | 874 | 41,997 | 2,053 |
| Accruals and Deferred Income | 2,007 | -45,160 | 13,363 | -2,527 | 47,299 | 0 | -12,750 | 13,170 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | -6,000 | 89,300 | 248,612 | 190,800 | 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 | -2,986 | 2,986 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 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 | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | -126,256 | 126,256 | 0 | -9,578 | 9,578 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -126,256 | 126,256 | 0 | -9,578 | 9,578 |
technichols resourcing limited Credit Report and Business Information
Technichols Resourcing Limited Competitor Analysis
Perform a competitor analysis for technichols resourcing limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in RG12 area or any other competitors across 12 key performance metrics.
technichols resourcing limited Ownership
TECHNICHOLS RESOURCING LIMITED group structure
Technichols Resourcing Limited has no subsidiary companies.
Ultimate parent company
TECHNICHOLS RESOURCING LIMITED
10024539
technichols resourcing limited directors
Technichols Resourcing Limited currently has 1 director, Mr Wesley Nichols serving since Feb 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Wesley Nichols | England | 38 years | Feb 2016 | - | Director |
P&L
February 2024turnover
1.5m
+24%
operating profit
206.4k
0%
gross margin
11.2%
+1.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
817.9k
+0.23%
total assets
883.3k
+0.11%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
technichols resourcing limited company details
company number
10024539
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
February 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
OSBORN CONSULTANCY LTD
auditor
-
address
access business centre, wiloughby road, bracknell, berkshire, RG12 8FB
Bank
-
Legal Advisor
-
technichols resourcing 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 did not find charges/mortgages relating to technichols resourcing limited.
technichols resourcing limited 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.
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technichols resourcing limited Companies House Filings - See Documents
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