sitec recruitment limited Company Information
Company Number
10080711
Next Accounts
Sep 2025
Shareholders
belcan international limited
Group Structure
View All
Industry
Activities of head offices
Registered Address
280 bishopsgate, london, EC2M 4AG
Website
https://www.belcan.comsitec recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of SITEC RECRUITMENT LIMITED at £0 based on a Turnover of £0 and 0.49x industry multiple (adjusted for size and gross margin).
sitec recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of SITEC RECRUITMENT LIMITED at £0 based on an EBITDA of £-151 and a 3.89x industry multiple (adjusted for size and gross margin).
sitec recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of SITEC RECRUITMENT LIMITED at £7.7m based on Net Assets of £3.6m and 2.11x industry multiple (adjusted for liquidity).
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Sitec Recruitment Limited Overview
Sitec Recruitment Limited is a live company located in london, EC2M 4AG with a Companies House number of 10080711. It operates in the activities of head offices sector, SIC Code 70100. Founded in March 2016, it's largest shareholder is belcan international limited with a 100% stake. Sitec Recruitment Limited is a young, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Sitec Recruitment Limited Health Check
Pomanda's financial health check has awarded Sitec Recruitment Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 1 areas for improvement. Company Health Check FAQs


0 Strong

1 Regular

1 Weak

Size
There is insufficient data available for this Key Performance Indicator!
- - Sitec Recruitment Limited
- - Industry AVG

Growth
There is insufficient data available for this Key Performance Indicator!
- Sitec Recruitment Limited
- - Industry AVG

Production
There is insufficient data available for this Key Performance Indicator!
- - Sitec Recruitment Limited
- - Industry AVG

Profitability
There is insufficient data available for this Key Performance Indicator!
- - Sitec Recruitment Limited
- - Industry AVG

Employees
with 1 employees, this is below the industry average (110)
- Sitec Recruitment Limited
- - Industry AVG

Pay Structure
on an average salary of £49.9k, the company has an equivalent pay structure (£49.9k)
- Sitec Recruitment Limited
- - Industry AVG

Efficiency
There is insufficient data available for this Key Performance Indicator!
- Sitec Recruitment Limited
- - Industry AVG

Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Sitec Recruitment Limited
- - Industry AVG

Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Sitec Recruitment Limited
- - Industry AVG

Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Sitec Recruitment Limited
- - Industry AVG

Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Sitec Recruitment Limited
- - Industry AVG

Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Sitec Recruitment Limited
- - Industry AVG
SITEC RECRUITMENT LIMITED financials

Sitec Recruitment Limited's latest turnover from December 2023 is 0 and the company has net assets of £3.6 million. According to their latest financial statements, we estimate that Sitec Recruitment Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Jul 2018 | Jul 2017 | |
---|---|---|---|---|---|---|---|
Turnover | 25,237,000 | 36,617,000 | |||||
Other Income Or Grants | |||||||
Cost Of Sales | 23,776,000 | 33,859,000 | |||||
Gross Profit | 1,461,000 | 2,758,000 | |||||
Admin Expenses | 4,465,000 | 9,445,000 | 5,738,000 | ||||
Operating Profit | -1,000 | -4,465,000 | -7,984,000 | -2,980,000 | |||
Interest Payable | 386,000 | 20,000 | |||||
Interest Receivable | 30,000 | 61,000 | |||||
Pre-Tax Profit | -151 | -1,736 | -1,000 | 35,000 | -8,418,000 | -2,046,000 | |
Tax | -50,000 | -159,000 | |||||
Profit After Tax | -151 | -1,736 | -1,000 | 35,000 | -8,468,000 | -2,205,000 | |
Dividends Paid | |||||||
Retained Profit | -151 | -1,736 | -1,000 | 35,000 | -8,468,000 | -2,205,000 | |
Employee Costs | 3,738,000 | 6,614,000 | |||||
Number Of Employees | 3 | 92 | 142 | ||||
EBITDA* | -1,000 | -4,465,000 | -7,984,000 | -1,474,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Jul 2018 | Jul 2017 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 1,000 | ||||||
Intangible Assets | 1,300,000 | 9,791,000 | |||||
Investments & Other | 125,000 | 611,000 | |||||
Debtors (Due After 1 year) | |||||||
Total Fixed Assets | 1,425,000 | 10,403,000 | |||||
Stock & work in progress | |||||||
Trade Debtors | 3,255,000 | 3,028,000 | |||||
Group Debtors | 3,645,335 | 3,645,486 | 3,646,000 | 3,639,000 | 3,639,000 | ||
Misc Debtors | 4,600,000 | 4,860,000 | |||||
Cash | 7,000 | 8,000 | 1,601,000 | 3,652,000 | |||
misc current assets | 4,779,000 | 8,514,000 | |||||
total current assets | 3,645,335 | 3,645,486 | 3,646,000 | 3,646,000 | 3,647,000 | 14,235,000 | 20,054,000 |
total assets | 3,645,335 | 3,645,486 | 3,646,000 | 3,646,000 | 3,647,000 | 15,660,000 | 30,457,000 |
Bank overdraft | |||||||
Bank loan | |||||||
Trade Creditors | 99,000 | 303,000 | |||||
Group/Directors Accounts | |||||||
other short term finances | 907,000 | ||||||
hp & lease commitments | |||||||
other current liabilities | 11,996,000 | 16,059,000 | |||||
total current liabilities | 12,095,000 | 17,269,000 | |||||
loans | |||||||
hp & lease commitments | |||||||
Accruals and Deferred Income | |||||||
other liabilities | |||||||
provisions | 1,154,000 | ||||||
total long term liabilities | 1,154,000 | ||||||
total liabilities | 12,095,000 | 18,423,000 | |||||
net assets | 3,645,335 | 3,645,486 | 3,646,000 | 3,646,000 | 3,647,000 | 3,565,000 | 12,034,000 |
total shareholders funds | 3,645,335 | 3,645,486 | 3,646,000 | 3,646,000 | 3,647,000 | 3,565,000 | 12,034,000 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Jul 2018 | Jul 2017 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | -1,000 | -4,465,000 | -7,984,000 | -2,980,000 | |||
Depreciation | |||||||
Amortisation | 1,506,000 | ||||||
Tax | -50,000 | -159,000 | |||||
Stock | |||||||
Debtors | -151 | -514 | 7,000 | -4,216,000 | -33,000 | 7,888,000 | |
Creditors | -99,000 | -204,000 | 303,000 | ||||
Accruals and Deferred Income | -11,996,000 | -4,063,000 | 16,059,000 | ||||
Deferred Taxes & Provisions | -1,154,000 | 1,154,000 | |||||
Cash flow from operations | -7,000 | -1,000 | -12,344,000 | 7,995,000 | |||
Investing Activities | |||||||
capital expenditure | 3,760,000 | -603,000 | |||||
Change in Investments | -125,000 | -486,000 | 611,000 | ||||
cash flow from investments | 4,246,000 | -1,214,000 | |||||
Financing Activities | |||||||
Bank loans | |||||||
Group/Directors Accounts | |||||||
Other Short Term Loans | -907,000 | 907,000 | |||||
Long term loans | |||||||
Hire Purchase and Lease Commitments | |||||||
other long term liabilities | |||||||
share issue | |||||||
interest | -356,000 | 41,000 | |||||
cash flow from financing | 1,222 | 47,000 | -1,264,000 | 15,187,000 | |||
cash and cash equivalents | |||||||
cash | -7,000 | -1,000 | -1,593,000 | -2,051,000 | 3,652,000 | ||
overdraft | |||||||
change in cash | -7,000 | -1,000 | -1,593,000 | -2,051,000 | 3,652,000 |
sitec recruitment limited Credit Report and Business Information
Sitec Recruitment Limited Competitor Analysis

Perform a competitor analysis for sitec recruitment limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other young companies, companies in EC2M area or any other competitors across 12 key performance metrics.
sitec recruitment limited Ownership
SITEC RECRUITMENT LIMITED group structure
Sitec Recruitment Limited has 1 subsidiary company.
Ultimate parent company
BELCAN LLC
#0084436
2 parents
SITEC RECRUITMENT LIMITED
10080711
1 subsidiary
sitec recruitment limited directors
Sitec Recruitment Limited currently has 3 directors. The longest serving directors include Ms Elizabeth Ferris (Feb 2019) and Ms Zahra Shahab (Sep 2024).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Elizabeth Ferris | England | 58 years | Feb 2019 | - | Director |
Ms Zahra Shahab | England | 38 years | Sep 2024 | - | Director |
Mr Ian McBrinn | United Kingdom | 59 years | Sep 2024 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
-151
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.6m
0%
total assets
3.6m
0%
cash
0
0%
net assets
Total assets minus all liabilities
sitec recruitment limited company details
company number
10080711
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
March 2016
age
9
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
280 bishopsgate, london, EC2M 4AG
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
sitec recruitment 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 sitec recruitment limited. Currently there are 0 open charges and 1 have been satisfied in the past.
sitec recruitment 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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sitec recruitment limited Companies House Filings - See Documents
date | description | view/download |
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