multitech recruitment services ltd.
multitech recruitment services ltd. Company Information
Group Structure
View All
Industry
Temporary employment agency activities
Registered Address
15 pooley avenue, egham, TW20 8AB
Website
www.mrstech.co.ukmultitech recruitment services ltd. Estimated Valuation
Pomanda estimates the enterprise value of MULTITECH RECRUITMENT SERVICES LTD. at £14.9k based on a Turnover of £101.9k and 0.15x industry multiple (adjusted for size and gross margin).
multitech recruitment services ltd. Estimated Valuation
Pomanda estimates the enterprise value of MULTITECH RECRUITMENT SERVICES LTD. at £1.1k based on an EBITDA of £460 and a 2.29x industry multiple (adjusted for size and gross margin).
multitech recruitment services ltd. Estimated Valuation
Pomanda estimates the enterprise value of MULTITECH RECRUITMENT SERVICES LTD. at £17.4k based on Net Assets of £11.2k and 1.56x industry multiple (adjusted for liquidity).
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Multitech Recruitment Services Ltd. Overview
Multitech Recruitment Services Ltd. is a live company located in egham, TW20 8AB with a Companies House number of 11005172. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in October 2017, it's largest shareholder is andrew jennings with a 100% stake. Multitech Recruitment Services Ltd. is a young, micro sized company, Pomanda has estimated its turnover at £101.9k with declining growth in recent years.
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Multitech Recruitment Services Ltd. Health Check
Pomanda's financial health check has awarded Multitech Recruitment Services Ltd. a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £101.9k, make it smaller than the average company (£13.7m)
- Multitech Recruitment Services Ltd.
£13.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (4.7%)
- Multitech Recruitment Services Ltd.
4.7% - Industry AVG
Production
with a gross margin of 11.4%, this company has a higher cost of product (18.3%)
- Multitech Recruitment Services Ltd.
18.3% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (2.7%)
- Multitech Recruitment Services Ltd.
2.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (49)
2 - Multitech Recruitment Services Ltd.
49 - Industry AVG
Pay Structure
on an average salary of £49.8k, the company has an equivalent pay structure (£49.8k)
- Multitech Recruitment Services Ltd.
£49.8k - Industry AVG
Efficiency
resulting in sales per employee of £50.9k, this is less efficient (£242.9k)
- Multitech Recruitment Services Ltd.
£242.9k - Industry AVG
Debtor Days
it gets paid by customers after 72 days, this is later than average (46 days)
- Multitech Recruitment Services Ltd.
46 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is slower than average (4 days)
- Multitech Recruitment Services Ltd.
4 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Multitech Recruitment Services Ltd.
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Multitech Recruitment Services Ltd.
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66.9%, this is a similar level of debt than the average (72.7%)
66.9% - Multitech Recruitment Services Ltd.
72.7% - Industry AVG
MULTITECH RECRUITMENT SERVICES LTD. financials
Multitech Recruitment Services Ltd.'s latest turnover from October 2023 is estimated at £101.9 thousand and the company has net assets of £11.2 thousand. According to their latest financial statements, Multitech Recruitment Services Ltd. has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 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 | 2 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 13,580 | 18,106 | 2,166 | 4,333 | 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 | 13,580 | 18,106 | 2,166 | 4,333 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 20,181 | 27,524 | 54,222 | 48,566 | 34,782 | 17,372 |
| 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 | 20,181 | 27,524 | 54,222 | 48,566 | 34,782 | 17,372 |
| total assets | 33,761 | 45,630 | 56,388 | 52,899 | 34,782 | 17,372 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,586 | 10,051 | 15,549 | 26,436 | 35,509 | 34,600 |
| 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 | 2,586 | 10,051 | 15,549 | 26,436 | 35,509 | 34,600 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 1,440 | 13,921 | 0 | 0 | 0 |
| other liabilities | 19,982 | 23,291 | 25,000 | 25,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 19,982 | 24,731 | 38,921 | 25,000 | 0 | 0 |
| total liabilities | 22,568 | 34,782 | 54,470 | 51,436 | 35,509 | 34,600 |
| net assets | 11,193 | 10,848 | 1,918 | 1,463 | -727 | -17,228 |
| total shareholders funds | 11,193 | 10,848 | 1,918 | 1,463 | -727 | -17,228 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | ||||
| Amortisation | 0 | 0 | ||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -7,343 | -26,698 | 5,656 | 13,784 | 17,410 | 17,372 |
| Creditors | -7,465 | -5,498 | -10,887 | -9,073 | 909 | 34,600 |
| Accruals and Deferred Income | -1,440 | -12,481 | 13,921 | 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 | -3,309 | -1,709 | 0 | 25,000 | 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 |
multitech recruitment services ltd. Credit Report and Business Information
Multitech Recruitment Services Ltd. Competitor Analysis
Perform a competitor analysis for multitech recruitment services ltd. by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in TW20 area or any other competitors across 12 key performance metrics.
multitech recruitment services ltd. Ownership
MULTITECH RECRUITMENT SERVICES LTD. group structure
Multitech Recruitment Services Ltd. has no subsidiary companies.
Ultimate parent company
MULTITECH RECRUITMENT SERVICES LTD.
11005172
multitech recruitment services ltd. directors
Multitech Recruitment Services Ltd. currently has 1 director, Mr Andrew Jennings serving since Apr 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Jennings | England | 58 years | Apr 2019 | - | Director |
P&L
October 2023turnover
101.9k
-29%
operating profit
460
0%
gross margin
11.5%
+10.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
11.2k
+0.03%
total assets
33.8k
-0.26%
cash
0
0%
net assets
Total assets minus all liabilities
multitech recruitment services ltd. company details
company number
11005172
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
October 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
brs technical recruitment ltd (January 2018)
accountant
I SUMAR AND CO LIMITED
auditor
-
address
15 pooley avenue, egham, TW20 8AB
Bank
-
Legal Advisor
-
multitech recruitment services 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 found 1 charges/mortgages relating to multitech recruitment services ltd.. Currently there are 0 open charges and 1 have been satisfied in the past.
multitech recruitment services 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.
Click to start generating capital raising & share issue transactions for MULTITECH RECRUITMENT SERVICES LTD.. This can take several minutes, an email will notify you when this has completed.
multitech recruitment services ltd. Companies House Filings - See Documents
| date | description | view/download |
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