abacus recruitment ltd Company Information
Company Number
10344096
Next Accounts
May 2025
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Temporary employment agency activities
Directors
Shareholders
fergus thomas lundy esling
Group Structure
View All
Contact
Registered Address
c/o kingston accountants ltd 87, ground floor, london, WC2A 1ET
Website
www.eslingkenny.comabacus recruitment ltd Estimated Valuation
Pomanda estimates the enterprise value of ABACUS RECRUITMENT LTD at £23.5k based on a Turnover of £192.5k and 0.12x industry multiple (adjusted for size and gross margin).
abacus recruitment ltd Estimated Valuation
Pomanda estimates the enterprise value of ABACUS RECRUITMENT LTD at £0 based on an EBITDA of £-50k and a 2.22x industry multiple (adjusted for size and gross margin).
abacus recruitment ltd Estimated Valuation
Pomanda estimates the enterprise value of ABACUS RECRUITMENT LTD at £43.5k based on Net Assets of £26.5k and 1.64x industry multiple (adjusted for liquidity).
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Abacus Recruitment Ltd Overview
Abacus Recruitment Ltd is a live company located in london, WC2A 1ET with a Companies House number of 10344096. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in August 2016, it's largest shareholder is fergus thomas lundy esling with a 100% stake. Abacus Recruitment Ltd is a young, micro sized company, Pomanda has estimated its turnover at £192.5k with declining growth in recent years.
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Abacus Recruitment Ltd Health Check
Pomanda's financial health check has awarded Abacus Recruitment Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £192.5k, make it smaller than the average company (£10.2m)
- Abacus Recruitment Ltd
£10.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (4.6%)
- Abacus Recruitment Ltd
4.6% - Industry AVG
Production
with a gross margin of 12.5%, this company has a higher cost of product (21.6%)
- Abacus Recruitment Ltd
21.6% - Industry AVG
Profitability
an operating margin of -26% make it less profitable than the average company (3.6%)
- Abacus Recruitment Ltd
3.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (43)
2 - Abacus Recruitment Ltd
43 - Industry AVG
Pay Structure
on an average salary of £49.9k, the company has an equivalent pay structure (£49.9k)
- Abacus Recruitment Ltd
£49.9k - Industry AVG
Efficiency
resulting in sales per employee of £96.3k, this is less efficient (£221.8k)
- Abacus Recruitment Ltd
£221.8k - Industry AVG
Debtor Days
it gets paid by customers after 76 days, this is later than average (46 days)
- Abacus Recruitment Ltd
46 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is slower than average (6 days)
- Abacus Recruitment Ltd
6 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Abacus Recruitment Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Abacus Recruitment Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.2%, this is a lower level of debt than the average (70.2%)
37.2% - Abacus Recruitment Ltd
70.2% - Industry AVG
ABACUS RECRUITMENT LTD financials
Abacus Recruitment Ltd's latest turnover from August 2023 is estimated at £192.5 thousand and the company has net assets of £26.5 thousand. According to their latest financial statements, Abacus Recruitment Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 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 | |||||||
Number Of Employees | 2 | 2 | 2 | 4 | 4 | 4 | 4 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 707 | 1,429 | 873 | 2,422 | 2,205 | 1,397 | 2,378 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 707 | 1,429 | 873 | 2,422 | 2,205 | 1,397 | 2,378 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 40,227 | 111,436 | 118,892 | 86,841 | 109,605 | 242,219 | 7,560 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 1,301 | 0 | 0 | 0 | 6,426 | 0 | 4,892 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 137,718 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 5,076 | 0 |
total current assets | 41,528 | 111,436 | 118,892 | 86,841 | 116,031 | 247,295 | 150,170 |
total assets | 42,235 | 112,865 | 119,765 | 89,263 | 118,236 | 248,692 | 152,548 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 15,690 | 36,283 | 33,263 | 267 | 26,510 | 88,554 | 109 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 20,442 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 55,821 |
total current liabilities | 15,690 | 36,283 | 33,263 | 267 | 26,510 | 88,554 | 76,372 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 375 | 0 | 1,259 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 375 | 0 | 1,259 | 0 | 0 |
total liabilities | 15,690 | 36,283 | 33,638 | 267 | 27,769 | 88,554 | 76,372 |
net assets | 26,545 | 76,582 | 86,127 | 88,996 | 90,467 | 160,138 | 76,176 |
total shareholders funds | 26,545 | 76,582 | 86,127 | 88,996 | 90,467 | 160,138 | 76,176 |
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | |||||||
Depreciation | 564 | ||||||
Amortisation | 0 | ||||||
Tax | |||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -69,908 | -7,456 | 32,051 | -29,190 | -126,188 | 229,767 | 12,452 |
Creditors | -20,593 | 3,020 | 32,996 | -26,243 | -62,044 | 88,445 | 109 |
Accruals and Deferred Income | 0 | -375 | 375 | -1,259 | 1,259 | -55,821 | 55,821 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||
Investing Activities | |||||||
capital expenditure | |||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||
Financing Activities | |||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -20,442 | 20,442 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||
interest | |||||||
cash flow from financing | |||||||
cash and cash equivalents | |||||||
cash | 0 | 0 | 0 | 0 | 0 | -137,718 | 137,718 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | -137,718 | 137,718 |
abacus recruitment ltd Credit Report and Business Information
Abacus Recruitment Ltd Competitor Analysis
Perform a competitor analysis for abacus recruitment ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in WC2A area or any other competitors across 12 key performance metrics.
abacus recruitment ltd Ownership
ABACUS RECRUITMENT LTD group structure
Abacus Recruitment Ltd has no subsidiary companies.
Ultimate parent company
ABACUS RECRUITMENT LTD
10344096
abacus recruitment ltd directors
Abacus Recruitment Ltd currently has 1 director, Mr Fergus Esling serving since Aug 2016.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Fergus Esling | England | 37 years | Aug 2016 | - | Director |
P&L
August 2023turnover
192.5k
-56%
operating profit
-50k
0%
gross margin
12.6%
+3.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
26.5k
-0.65%
total assets
42.2k
-0.63%
cash
0
0%
net assets
Total assets minus all liabilities
abacus recruitment ltd company details
company number
10344096
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.
78200 - Temporary employment agency activities
incorporation date
August 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
eslingkenny ltd (October 2019)
accountant
ACCOUNTS AND LEGAL CONSULTANTS LTD
auditor
-
address
c/o kingston accountants ltd 87, ground floor, london, WC2A 1ET
Bank
-
Legal Advisor
-
abacus recruitment ltd 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 abacus recruitment ltd.
abacus recruitment ltd Companies House Filings - See Documents
date | description | view/download |
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