abacus recruitment ltd

abacus recruitment ltd Company Information

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Company Number

10344096

Industry

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

 

Temporary employment agency activities

 

Directors

Fergus Esling

Shareholders

fergus thomas lundy esling

Group Structure

View All

Contact

Registered Address

c/o kingston accountants ltd 87, ground floor, london, WC2A 1ET

abacus recruitment ltd Estimated Valuation

£23.5k

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

£0

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

£43.5k

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

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £192.5k, make it smaller than the average company (£10.2m)

£192.5k - Abacus Recruitment Ltd

£10.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (4.6%)

-16% - Abacus Recruitment Ltd

4.6% - Industry AVG

production

Production

with a gross margin of 12.5%, this company has a higher cost of product (21.6%)

12.5% - Abacus Recruitment Ltd

21.6% - Industry AVG

profitability

Profitability

an operating margin of -26% make it less profitable than the average company (3.6%)

-26% - Abacus Recruitment Ltd

3.6% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (43)

2 - Abacus Recruitment Ltd

43 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.9k, the company has an equivalent pay structure (£49.9k)

£49.9k - Abacus Recruitment Ltd

£49.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £96.3k, this is less efficient (£221.8k)

£96.3k - Abacus Recruitment Ltd

£221.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 76 days, this is later than average (46 days)

76 days - Abacus Recruitment Ltd

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 33 days, this is slower than average (6 days)

33 days - Abacus Recruitment Ltd

6 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Abacus Recruitment Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Abacus Recruitment Ltd

- - Industry AVG

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017
Turnover192,549437,726466,208322,362447,384992,60475,626
Other Income Or Grants0000000
Cost Of Sales168,474384,891415,450283,968394,478871,05466,204
Gross Profit24,07452,83550,75838,39452,905121,5499,421
Admin Expenses74,11162,38053,62739,865122,57618,285-84,328
Operating Profit-50,037-9,545-2,869-1,471-69,671103,26493,749
Interest Payable0000000
Interest Receivable00000516172
Pre-Tax Profit-50,037-9,545-2,869-1,471-69,671103,78093,921
Tax00000-19,718-17,845
Profit After Tax-50,037-9,545-2,869-1,471-69,67184,06276,076
Dividends Paid0000000
Retained Profit-50,037-9,545-2,869-1,471-69,67184,06276,076
Employee Costs99,76095,05784,510166,408166,215161,862160,531
Number Of Employees2224444
EBITDA*-50,037-9,545-2,869-1,471-69,671103,26494,313

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017
Tangible Assets7071,4298732,4222,2051,3972,378
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets7071,4298732,4222,2051,3972,378
Stock & work in progress0000000
Trade Debtors40,227111,436118,89286,841109,605242,2197,560
Group Debtors0000000
Misc Debtors1,3010006,42604,892
Cash000000137,718
misc current assets000005,0760
total current assets41,528111,436118,89286,841116,031247,295150,170
total assets42,235112,865119,76589,263118,236248,692152,548
Bank overdraft0000000
Bank loan0000000
Trade Creditors 15,69036,28333,26326726,51088,554109
Group/Directors Accounts00000020,442
other short term finances0000000
hp & lease commitments0000000
other current liabilities00000055,821
total current liabilities15,69036,28333,26326726,51088,55476,372
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income0037501,25900
other liabilities0000000
provisions0000000
total long term liabilities0037501,25900
total liabilities15,69036,28333,63826727,76988,55476,372
net assets26,54576,58286,12788,99690,467160,13876,176
total shareholders funds26,54576,58286,12788,99690,467160,13876,176
Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017
Operating Activities
Operating Profit-50,037-9,545-2,869-1,471-69,671103,26493,749
Depreciation000000564
Amortisation0000000
Tax00000-19,718-17,845
Stock0000000
Debtors-69,908-7,45632,051-29,190-126,188229,76712,452
Creditors-20,5933,02032,996-26,243-62,04488,445109
Accruals and Deferred Income0-375375-1,2591,259-55,82155,821
Deferred Taxes & Provisions0000000
Cash flow from operations-722556-1,549217-4,268-113,597119,946
Investing Activities
capital expenditure722-5561,549-217-808981-2,942
Change in Investments0000000
cash flow from investments722-5561,549-217-808981-2,942
Financing Activities
Bank loans0000000
Group/Directors Accounts00000-20,44220,442
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities0000000
share issue00000-100100
interest00000516172
cash flow from financing00000-20,02620,714
cash and cash equivalents
cash00000-137,718137,718
overdraft0000000
change in cash00000-137,718137,718

abacus recruitment ltd 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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Abacus Recruitment Ltd Competitor Analysis

competitor_analysis_table_img

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 Shareholders

fergus thomas lundy esling 100%

abacus recruitment ltd directors

Abacus Recruitment Ltd currently has 1 director, Mr Fergus Esling serving since Aug 2016.

officercountryagestartendrole
Mr Fergus EslingEngland37 years Aug 2016- Director

P&L

August 2023

turnover

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 2023

net 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

None

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.

charges

abacus recruitment ltd Companies House Filings - See Documents

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