ignis global recruitment limitedEstimated Valuation
£34k
Pomanda estimates the enterprise value of IGNIS GLOBAL RECRUITMENT LIMITED at £34k based on a Turnover of £344.3k and 0.1x industry multiple (adjusted for size and gross margin).
ignis global recruitment limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of IGNIS GLOBAL RECRUITMENT LIMITED at £0 based on an EBITDA of £-65.8k and a 2.13x industry multiple (adjusted for size and gross margin).
ignis global recruitment limitedEstimated Valuation
£116.2k
Pomanda estimates the enterprise value of IGNIS GLOBAL RECRUITMENT LIMITED at £116.2k based on Net Assets of £98.6k and 1.18x industry multiple (adjusted for liquidity).
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Ignis Global Recruitment LimitedOverview
Ignis Global Recruitment Limited is a live company located in manchester, M25 0JW with a Companies House number of 10550298. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in January 2017, it's largest shareholder is
redmund macer
with a 100% stake. Ignis Global Recruitment Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£344.3k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Ignis Global Recruitment Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £344.3k, make it smaller than the average company (£9m)
£344.3k - Ignis Global Recruitment Limited
£9m - Industry AVG
Growth
3 year (CAGR) sales growth of 68%, show it is growing at a faster rate (10.4%)
68% - Ignis Global Recruitment Limited
10.4% - Industry AVG
Production
with a gross margin of 13.3%, this company has a higher cost of product (24.3%)
13.3% - Ignis Global Recruitment Limited
24.3% - Industry AVG
Profitability
an operating margin of -19.1% make it less profitable than the average company (2.7%)
-19.1% - Ignis Global Recruitment Limited
2.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (45)
1 - Ignis Global Recruitment Limited
45 - Industry AVG
Pay Structure
on an average salary of £52.4k, the company has an equivalent pay structure (£52.4k)
£52.4k - Ignis Global Recruitment Limited
£52.4k - Industry AVG
Efficiency
resulting in sales per employee of £344.3k, this is more efficient (£152.7k)
£344.3k - Ignis Global Recruitment Limited
£152.7k - Industry AVG
Debtor Days
it gets paid by customers after 107 days, this is later than average (41 days)
107 days - Ignis Global Recruitment Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (9 days)
4 days - Ignis Global Recruitment Limited
9 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ignis Global Recruitment Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ignis Global Recruitment Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.4%, this is a lower level of debt than the average (65.5%)
4.4% - Ignis Global Recruitment Limited
65.5% - Industry AVG
IGNIS GLOBAL RECRUITMENT LIMITED financials
EXPORT
Ignis Global Recruitment Limited's latest turnover from June 2024 is estimated at £344.3 thousand and the company has net assets of £98.6 thousand. According to their latest financial statements, Ignis Global Recruitment Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jan 2019
Jan 2018
Turnover
344,297
507,051
588,301
73,263
75,317
49,153
117,422
Other Income Or Grants
Cost Of Sales
298,517
437,110
507,608
64,211
64,963
42,711
101,527
Gross Profit
45,780
69,941
80,693
9,051
10,353
6,442
15,895
Admin Expenses
111,569
68,090
5,930
-73,323
-19,129
9,268
-962
Operating Profit
-65,789
1,851
74,763
82,374
29,482
-2,826
16,857
Interest Payable
5
5
Interest Receivable
699
80
47
263
61
Pre-Tax Profit
-65,789
1,851
75,462
82,448
29,523
-2,563
16,917
Tax
-463
-14,338
-15,665
-5,609
-3,214
Profit After Tax
-65,789
1,388
61,124
66,783
23,914
-2,563
13,703
Dividends Paid
Retained Profit
-65,789
1,388
61,124
66,783
23,914
-2,563
13,703
Employee Costs
52,388
51,520
48,728
42,635
86,505
90,927
83,357
Number Of Employees
1
1
1
1
2
2
2
EBITDA*
-65,789
1,851
76,501
83,124
30,164
-2,207
16,976
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jan 2019
Jan 2018
Tangible Assets
1,628
3,933
5,240
6,298
3,000
1,900
900
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,628
3,933
5,240
6,298
3,000
1,900
900
Stock & work in progress
Trade Debtors
101,505
167,161
191,113
20,952
16,200
5,918
31,886
Group Debtors
Misc Debtors
873
500
Cash
111,818
47,236
45,804
24,235
misc current assets
total current assets
101,505
167,161
191,113
132,770
64,309
52,222
56,121
total assets
103,133
171,094
196,353
139,068
67,309
54,122
57,021
Bank overdraft
176
Bank loan
Trade Creditors
3,773
5,945
28,692
539
170
912
455
Group/Directors Accounts
11,366
other short term finances
hp & lease commitments
other current liabilities
36,692
31,909
31,743
31,497
total current liabilities
3,773
5,945
28,692
37,231
32,255
42,982
43,318
loans
hp & lease commitments
Accruals and Deferred Income
800
800
4,700
other liabilities
provisions
total long term liabilities
800
800
4,700
total liabilities
4,573
6,745
33,392
37,231
32,255
42,982
43,318
net assets
98,560
164,349
162,961
101,837
35,054
11,140
13,703
total shareholders funds
98,560
164,349
162,961
101,837
35,054
11,140
13,703
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jan 2019
Jan 2018
Operating Activities
Operating Profit
-65,789
1,851
74,763
82,374
29,482
-2,826
16,857
Depreciation
1,738
750
682
619
119
Amortisation
Tax
-463
-14,338
-15,665
-5,609
-3,214
Stock
Debtors
-65,656
-23,952
170,161
3,879
10,655
-25,468
31,886
Creditors
-2,172
-22,747
28,153
369
-742
457
455
Accruals and Deferred Income
-3,900
-31,992
4,783
166
246
31,497
Deferred Taxes & Provisions
Cash flow from operations
-2,305
-1,307
-111,837
68,732
13,324
23,964
13,828
Investing Activities
capital expenditure
2,305
1,307
-680
-4,048
-1,782
-1,619
-1,019
Change in Investments
cash flow from investments
2,305
1,307
-680
-4,048
-1,782
-1,619
-1,019
Financing Activities
Bank loans
Group/Directors Accounts
-11,366
11,366
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
699
75
42
263
61
cash flow from financing
699
75
42
-11,103
11,427
cash and cash equivalents
cash
-111,818
64,582
1,432
21,569
24,235
overdraft
-176
176
change in cash
-111,818
64,758
1,256
21,569
24,235
ignis global recruitment limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for ignis global recruitment limited. Get real-time insights into ignis global recruitment limited's credit score, group structure and payment trends.
Ignis Global Recruitment Limited Competitor Analysis
Perform a competitor analysis for ignis global recruitment limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in M25 area or any other competitors across 12 key performance metrics.
ignis global recruitment limited Ownership
IGNIS GLOBAL RECRUITMENT LIMITED group structure
Ignis Global Recruitment Limited has no subsidiary companies.
Ultimate parent company
IGNIS GLOBAL RECRUITMENT LIMITED
10550298
IGNIS GLOBAL RECRUITMENT LIMITED Shareholders
The sole shareholder of Ignis Global Recruitment Limited is Redmund Macer.
redmund macer
100%
ignis global recruitment limited directors
Ignis Global Recruitment Limited currently has 1 director, Mr Redmund Macer serving since Apr 2017.
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
January 2017
age
8
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
June 2024
previous names
N/A
accountant
ALEXANDER BURSK LTD
auditor
-
address
parkgates bury new road, prestwich, manchester, M25 0JW
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
ignis global 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 ignis global recruitment limited.
ignis global 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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ignis global recruitment limitedCompanies House Filings - See Documents
