wealth recruit limited
wealth recruit limited Company Information
Company Number
10653615
Website
recruitwealth.co.ukRegistered Address
ascot wealth management, london road, ascot, SL5 0ER
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Telephone
441702894184
Next Accounts Due
December 2024
Group Structure
View All
Directors
Mark Insley3 Years
Shareholders
ascot wealth management ltd 100%
wealth recruit limited Estimated Valuation
Pomanda estimates the enterprise value of WEALTH RECRUIT LIMITED at £56.3k based on a Turnover of £455.7k and 0.12x industry multiple (adjusted for size and gross margin).
wealth recruit limited Estimated Valuation
Pomanda estimates the enterprise value of WEALTH RECRUIT LIMITED at £0 based on an EBITDA of £-1.4k and a 2.21x industry multiple (adjusted for size and gross margin).
wealth recruit limited Estimated Valuation
Pomanda estimates the enterprise value of WEALTH RECRUIT LIMITED at £0 based on Net Assets of £-89.8k and 1.64x industry multiple (adjusted for liquidity).
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Wealth Recruit Limited Overview
Wealth Recruit Limited is a live company located in ascot, SL5 0ER with a Companies House number of 10653615. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in March 2017, it's largest shareholder is ascot wealth management ltd with a 100% stake. Wealth Recruit Limited is a young, micro sized company, Pomanda has estimated its turnover at £455.7k with rapid growth in recent years.
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Wealth Recruit Limited Health Check
Pomanda's financial health check has awarded Wealth Recruit Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £455.7k, make it smaller than the average company (£5.7m)
- Wealth Recruit Limited
£5.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 59%, show it is growing at a faster rate (3.8%)
- Wealth Recruit Limited
3.8% - Industry AVG
Production
with a gross margin of 13.7%, this company has a higher cost of product (25.1%)
- Wealth Recruit Limited
25.1% - Industry AVG
Profitability
an operating margin of -0.3% make it less profitable than the average company (4.7%)
- Wealth Recruit Limited
4.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (31)
- Wealth Recruit Limited
31 - Industry AVG
Pay Structure
on an average salary of £47.9k, the company has an equivalent pay structure (£47.9k)
- Wealth Recruit Limited
£47.9k - Industry AVG
Efficiency
resulting in sales per employee of £227.8k, this is more efficient (£147.3k)
- Wealth Recruit Limited
£147.3k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is earlier than average (47 days)
- Wealth Recruit Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 99 days, this is slower than average (8 days)
- Wealth Recruit Limited
8 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Wealth Recruit Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Wealth Recruit Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 360.4%, this is a higher level of debt than the average (65.9%)
360.4% - Wealth Recruit Limited
65.9% - Industry AVG
WEALTH RECRUIT LIMITED financials
Wealth Recruit Limited's latest turnover from March 2023 is estimated at £455.7 thousand and the company has net assets of -£89.8 thousand. According to their latest financial statements, we estimate that Wealth Recruit Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 34,468 | 36,260 | 27,320 | 27,704 | 66,397 | 90,367 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 34,468 | 36,260 | 27,320 | 27,704 | 66,397 | 90,367 |
| total assets | 34,468 | 36,260 | 27,320 | 27,704 | 66,397 | 90,367 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 107,154 | 105,430 | 0 | 1,928 | 0 | 1,083 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 107,154 | 105,430 | 0 | 1,928 | 0 | 1,083 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 17,071 | 19,230 | 19,944 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 17,071 | 19,230 | 19,944 | 0 | 0 | 0 |
| total liabilities | 124,225 | 124,660 | 19,944 | 1,928 | 0 | 1,083 |
| net assets | -89,757 | -88,400 | 7,376 | 25,776 | 66,397 | 89,284 |
| total shareholders funds | -89,757 | -88,400 | 7,376 | 25,776 | 66,397 | 89,284 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,792 | 8,940 | -384 | -38,693 | -23,970 | 90,367 |
| Creditors | 1,724 | 105,430 | -1,928 | 1,928 | -1,083 | 1,083 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -2,159 | -714 | 19,944 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
wealth recruit limited Credit Report and Business Information
Wealth Recruit Limited Competitor Analysis
Perform a competitor analysis for wealth recruit limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in SL5 area or any other competitors across 12 key performance metrics.
wealth recruit limited Ownership
WEALTH RECRUIT LIMITED group structure
Wealth Recruit Limited has no subsidiary companies.
wealth recruit limited directors
Wealth Recruit Limited currently has 1 director, Mr Mark Insley serving since Apr 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Insley | England | 42 years | Apr 2021 | - | Director |
P&L
March 2023turnover
455.7k
+11%
operating profit
-1.4k
0%
gross margin
13.8%
+2.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-89.8k
+0.02%
total assets
34.5k
-0.05%
cash
0
0%
net assets
Total assets minus all liabilities
wealth recruit limited company details
company number
10653615
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
March 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
ascot wealth management, london road, ascot, SL5 0ER
Bank
-
Legal Advisor
-
wealth recruit 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 wealth recruit limited.
wealth recruit limited Companies House Filings - See Documents
| date | description | view/download |
|---|
