indie recruitment limited

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indie recruitment limited Company Information

Share INDIE RECRUITMENT LIMITED

Company Number

10227724

Shareholders

andrea phillips

Group Structure

View All

Industry

Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.

 

Registered Address

21 heavitree road, exeter, EX1 2LD

indie recruitment limited Estimated Valuation

£14.1k

Pomanda estimates the enterprise value of INDIE RECRUITMENT LIMITED at £14.1k based on a Turnover of £86.2k and 0.16x industry multiple (adjusted for size and gross margin).

indie recruitment limited Estimated Valuation

£0

Pomanda estimates the enterprise value of INDIE RECRUITMENT LIMITED at £0 based on an EBITDA of £-13.2k and a 2.89x industry multiple (adjusted for size and gross margin).

indie recruitment limited Estimated Valuation

£6.4k

Pomanda estimates the enterprise value of INDIE RECRUITMENT LIMITED at £6.4k based on Net Assets of £5k and 1.28x industry multiple (adjusted for liquidity).

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Indie Recruitment Limited Overview

Indie Recruitment Limited is a live company located in exeter, EX1 2LD with a Companies House number of 10227724. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in June 2016, it's largest shareholder is andrea phillips with a 100% stake. Indie Recruitment Limited is a young, micro sized company, Pomanda has estimated its turnover at £86.2k with declining growth in recent years.

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Indie Recruitment Limited Health Check

Pomanda's financial health check has awarded Indie Recruitment Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £86.2k, make it smaller than the average company (£7.5m)

£86.2k - Indie Recruitment Limited

£7.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (4.2%)

-11% - Indie Recruitment Limited

4.2% - Industry AVG

production

Production

with a gross margin of 25.3%, this company has a comparable cost of product (25.3%)

25.3% - Indie Recruitment Limited

25.3% - Industry AVG

profitability

Profitability

an operating margin of -15.3% make it less profitable than the average company (4.6%)

-15.3% - Indie Recruitment Limited

4.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (38)

1 - Indie Recruitment Limited

38 - Industry AVG

paystructure

Pay Structure

on an average salary of £51.5k, the company has an equivalent pay structure (£51.5k)

£51.5k - Indie Recruitment Limited

£51.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £86.2k, this is less efficient (£170.4k)

£86.2k - Indie Recruitment Limited

£170.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 42 days, this is near the average (46 days)

42 days - Indie Recruitment Limited

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 5 days, this is quicker than average (9 days)

5 days - Indie Recruitment Limited

9 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Indie Recruitment Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 55 weeks, this is more cash available to meet short term requirements (14 weeks)

55 weeks - Indie Recruitment Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 80.3%, this is a higher level of debt than the average (66.3%)

80.3% - Indie Recruitment Limited

66.3% - Industry AVG

INDIE RECRUITMENT LIMITED financials

EXPORTms excel logo

Indie Recruitment Limited's latest turnover from June 2023 is estimated at £86.2 thousand and the company has net assets of £5 thousand. According to their latest financial statements, Indie Recruitment Limited has 1 employee and maintains cash reserves of £13.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017
Turnover86,20279,76379,814121,32685,74953,05152,711
Other Income Or Grants
Cost Of Sales64,38158,41060,98992,01065,40640,61939,981
Gross Profit21,82121,35318,82529,31620,34312,43312,730
Admin Expenses35,0231466,33240,2044,27817,97216,507
Operating Profit-13,20221,20712,493-10,88816,065-5,539-3,777
Interest Payable1,4991,2781,209610
Interest Receivable1,630509241129184
Pre-Tax Profit-13,07120,43811,309-11,48716,094-5,521-3,773
Tax-3,883-2,149-3,058
Profit After Tax-13,07116,5559,160-11,48713,036-5,521-3,773
Dividends Paid
Retained Profit-13,07116,5559,160-11,48713,036-5,521-3,773
Employee Costs51,49648,71042,43842,95744,74342,45742,004
Number Of Employees1111111
EBITDA*-13,20221,20712,493-10,88816,065-5,539-3,777

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors9,9604,0329,1681,8002,040
Group Debtors
Misc Debtors1,810
Cash13,59451,62229,83118,3523,8363,8783,268
misc current assets
total current assets25,36455,65429,83118,35213,0045,6785,308
total assets25,36455,65429,83118,35213,0045,6785,308
Bank overdraft
Bank loan4,0004,000
Trade Creditors 1,0194,3265612,7741,662480352
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities7,71817,6308,1273,2237,50014,3928,629
total current liabilities12,73725,9568,6885,9979,16214,8728,981
loans7,62811,62819,62820,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities7,62811,62819,62820,000
total liabilities20,36537,58428,31625,9979,16214,8728,981
net assets4,99918,0701,515-7,6453,842-9,194-3,673
total shareholders funds4,99918,0701,515-7,6453,842-9,194-3,673
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017
Operating Activities
Operating Profit-13,20221,20712,493-10,88816,065-5,539-3,777
Depreciation
Amortisation
Tax-3,883-2,149-3,058
Stock
Debtors7,7384,032-9,1687,368-2402,040
Creditors-3,3073,765-2,2131,1121,182128352
Accruals and Deferred Income-9,9129,5034,904-4,277-6,8925,7638,629
Deferred Taxes & Provisions
Cash flow from operations-34,15926,56013,035-4,885-715923,164
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans4,000
Group/Directors Accounts
Other Short Term Loans
Long term loans-4,000-8,000-37220,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest131-769-1,185-59929184
cash flow from financing-3,869-4,769-1,55719,4012918104
cash and cash equivalents
cash-38,02821,79111,47914,516-426103,268
overdraft
change in cash-38,02821,79111,47914,516-426103,268

indie recruitment limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Indie Recruitment Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for indie recruitment limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in EX1 area or any other competitors across 12 key performance metrics.

indie recruitment limited Ownership

INDIE RECRUITMENT LIMITED group structure

Indie Recruitment Limited has no subsidiary companies.

Ultimate parent company

INDIE RECRUITMENT LIMITED

10227724

INDIE RECRUITMENT LIMITED Shareholders

andrea phillips 100%

indie recruitment limited directors

Indie Recruitment Limited currently has 1 director, Mrs Andrea Phillips serving since Jun 2016.

officercountryagestartendrole
Mrs Andrea PhillipsUnited Kingdom43 years Jun 2016- Director

P&L

June 2023

turnover

86.2k

+8%

operating profit

-13.2k

0%

gross margin

25.4%

-5.44%

turnover

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

Balance Sheet

June 2023

net assets

5k

-0.72%

total assets

25.4k

-0.54%

cash

13.6k

-0.74%

net assets

Total assets minus all liabilities

indie recruitment limited company details

company number

10227724

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

June 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

June 2023

previous names

N/A

accountant

-

auditor

-

address

21 heavitree road, exeter, EX1 2LD

Bank

-

Legal Advisor

-

indie 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 did not find charges/mortgages relating to indie recruitment limited.

indie 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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indie recruitment limited Companies House Filings - See Documents

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