white space recruitment ltd

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white space recruitment ltd Company Information

Share WHITE SPACE RECRUITMENT LTD

Company Number

10524942

Shareholders

keiron najada

ian whitear

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Group Structure

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Industry

Other business support service activities n.e.c.

 

Registered Address

hadwyn house field road, reading, RG1 6AP

white space recruitment ltd Estimated Valuation

£586.4k

Pomanda estimates the enterprise value of WHITE SPACE RECRUITMENT LTD at £586.4k based on a Turnover of £1m and 0.57x industry multiple (adjusted for size and gross margin).

white space recruitment ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of WHITE SPACE RECRUITMENT LTD at £0 based on an EBITDA of £-154.3k and a 4.1x industry multiple (adjusted for size and gross margin).

white space recruitment ltd Estimated Valuation

£855.8k

Pomanda estimates the enterprise value of WHITE SPACE RECRUITMENT LTD at £855.8k based on Net Assets of £372.9k and 2.3x industry multiple (adjusted for liquidity).

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White Space Recruitment Ltd Overview

White Space Recruitment Ltd is a live company located in reading, RG1 6AP with a Companies House number of 10524942. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in December 2016, it's largest shareholder is keiron najada with a 20% stake. White Space Recruitment Ltd is a young, small sized company, Pomanda has estimated its turnover at £1m with healthy growth in recent years.

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White Space Recruitment Ltd Health Check

Pomanda's financial health check has awarded White Space Recruitment Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £1m, make it smaller than the average company (£4.8m)

£1m - White Space Recruitment Ltd

£4.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (6.7%)

7% - White Space Recruitment Ltd

6.7% - Industry AVG

production

Production

with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)

38.2% - White Space Recruitment Ltd

38.2% - Industry AVG

profitability

Profitability

an operating margin of -15.1% make it less profitable than the average company (5.7%)

-15.1% - White Space Recruitment Ltd

5.7% - Industry AVG

employees

Employees

with 7 employees, this is below the industry average (27)

7 - White Space Recruitment Ltd

27 - Industry AVG

paystructure

Pay Structure

on an average salary of £53.9k, the company has an equivalent pay structure (£53.9k)

£53.9k - White Space Recruitment Ltd

£53.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £147k, this is equally as efficient (£171.6k)

£147k - White Space Recruitment Ltd

£171.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 64 days, this is later than average (42 days)

64 days - White Space Recruitment Ltd

42 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 6 days, this is quicker than average (32 days)

6 days - White Space Recruitment Ltd

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - White Space Recruitment Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 140 weeks, this is more cash available to meet short term requirements (22 weeks)

140 weeks - White Space Recruitment Ltd

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 18.1%, this is a lower level of debt than the average (62.6%)

18.1% - White Space Recruitment Ltd

62.6% - Industry AVG

WHITE SPACE RECRUITMENT LTD financials

EXPORTms excel logo

White Space Recruitment Ltd's latest turnover from December 2023 is estimated at £1 million and the company has net assets of £372.9 thousand. According to their latest financial statements, White Space Recruitment Ltd has 7 employees and maintains cash reserves of £223.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Turnover1,028,9491,089,5691,205,326829,9001,322,5741,054,163545,241
Other Income Or Grants0000000
Cost Of Sales636,320673,010755,617522,814827,607663,092340,653
Gross Profit392,628416,559449,710307,085494,967391,071204,588
Admin Expenses547,642342,564299,478290,036469,354253,013128,395
Operating Profit-155,01473,995150,23217,04925,613138,05876,193
Interest Payable0000000
Interest Receivable17,90813,5957542121,037843219
Pre-Tax Profit-137,10687,590150,98617,26226,651138,90176,412
Tax0-16,642-28,687-3,280-5,064-26,391-14,518
Profit After Tax-137,10670,948122,29913,98221,587112,51061,894
Dividends Paid0000000
Retained Profit-137,10670,948122,29913,98221,587112,51061,894
Employee Costs377,544564,843537,319464,022505,355221,337167,647
Number Of Employees71111101154
EBITDA*-154,30774,405150,44517,04925,613138,05876,193

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Tangible Assets2,2041,4268540000
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets2,2041,4268540000
Stock & work in progress0000000
Trade Debtors180,682146,689206,18497,819239,867252,252114,606
Group Debtors00001500
Misc Debtors48,91246,35845,37013,23411,38310,6158,444
Cash223,628458,568318,282285,280139,544137,05087,757
misc current assets0000000
total current assets453,222651,615569,836396,333390,809399,917210,807
total assets455,426653,041570,690396,333390,809399,917210,807
Bank overdraft0000000
Bank loan0000000
Trade Creditors 10,79523,60513,15221,0299,8039,4061,668
Group/Directors Accounts4,92220,6856,1371,513000
other short term finances0000000
hp & lease commitments0000000
other current liabilities66,79598,731112,32983,818105,015136,10767,245
total current liabilities82,512143,021131,618106,360114,818145,51368,913
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities0000000
provisions0000000
total long term liabilities0000000
total liabilities82,512143,021131,618106,360114,818145,51368,913
net assets372,914510,020439,072289,973275,991254,404141,894
total shareholders funds372,914510,020439,072289,973275,991254,404141,894
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Operating Activities
Operating Profit-155,01473,995150,23217,04925,613138,05876,193
Depreciation7074102130000
Amortisation0000000
Tax0-16,642-28,687-3,280-5,064-26,391-14,518
Stock0000000
Debtors36,547-58,507140,501-140,212-11,602139,817123,050
Creditors-12,81010,453-7,87711,2263977,7381,668
Accruals and Deferred Income-31,936-13,59828,511-21,197-31,09268,86267,245
Deferred Taxes & Provisions0000000
Cash flow from operations-235,600113,1251,891144,0101,45648,4507,538
Investing Activities
capital expenditure-1,485-982-1,0670000
Change in Investments0000000
cash flow from investments-1,485-982-1,0670000
Financing Activities
Bank loans0000000
Group/Directors Accounts-15,76314,5484,6241,513000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities0000000
share issue0026,80000080,000
interest17,90813,5957542121,037843219
cash flow from financing2,14528,14332,1781,7251,03784380,219
cash and cash equivalents
cash-234,940140,28633,002145,7362,49449,29387,757
overdraft0000000
change in cash-234,940140,28633,002145,7362,49449,29387,757

white space 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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White Space Recruitment Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for white space recruitment ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in RG1 area or any other competitors across 12 key performance metrics.

white space recruitment ltd Ownership

WHITE SPACE RECRUITMENT LTD group structure

White Space Recruitment Ltd has no subsidiary companies.

Ultimate parent company

WHITE SPACE RECRUITMENT LTD

10524942

WHITE SPACE RECRUITMENT LTD Shareholders

keiron najada 20.04%
ian whitear 20.04%
andrew thorpe 18.73%
philip andrews 18.73%
robin andrews 18.73%
adrian tigg 3.75%

white space recruitment ltd directors

White Space Recruitment Ltd currently has 6 directors. The longest serving directors include Mrs Suzanne Jellyman (Dec 2016) and Mr Keiron Najada (Feb 2017).

officercountryagestartendrole
Mrs Suzanne JellymanUnited Kingdom52 years Dec 2016- Director
Mr Keiron NajadaEngland48 years Feb 2017- Director
Mr Robin AndrewsEngland66 years Feb 2017- Director
Mr Ian WhitearEngland49 years Feb 2017- Director
Mr Philip AndrewsUnited Kingdom60 years Feb 2017- Director
Mr Andrew ThorpeUnited Kingdom53 years Mar 2017- Director

P&L

December 2023

turnover

1m

-6%

operating profit

-155k

0%

gross margin

38.2%

-0.19%

turnover

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

Balance Sheet

December 2023

net assets

372.9k

-0.27%

total assets

455.4k

-0.3%

cash

223.6k

-0.51%

net assets

Total assets minus all liabilities

white space recruitment ltd company details

company number

10524942

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

December 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

ink search do ltd (March 2017)

accountant

-

auditor

-

address

hadwyn house field road, reading, RG1 6AP

Bank

-

Legal Advisor

-

white space 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 white space recruitment ltd.

white space recruitment ltd 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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white space recruitment ltd Companies House Filings - See Documents

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