reed talent solutions limited
reed talent solutions limited Company Information
Company Number
11875450
Registered Address
academy court 94 chancery lane, london, WC2A 1DT
Industry
Management consultancy activities (other than financial management)
Telephone
01217133529
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
reed specialist recruitment limited 100%
reed talent solutions limited Estimated Valuation
Pomanda estimates the enterprise value of REED TALENT SOLUTIONS LIMITED at £13.9m based on a Turnover of £24m and 0.58x industry multiple (adjusted for size and gross margin).
reed talent solutions limited Estimated Valuation
Pomanda estimates the enterprise value of REED TALENT SOLUTIONS LIMITED at £10.6m based on an EBITDA of £2.4m and a 4.33x industry multiple (adjusted for size and gross margin).
reed talent solutions limited Estimated Valuation
Pomanda estimates the enterprise value of REED TALENT SOLUTIONS LIMITED at £2.2m based on Net Assets of £2.5m and 0.87x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Reed Talent Solutions Limited Overview
Reed Talent Solutions Limited is a live company located in london, WC2A 1DT with a Companies House number of 11875450. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in March 2019, it's largest shareholder is reed specialist recruitment limited with a 100% stake. Reed Talent Solutions Limited is a young, large sized company, Pomanda has estimated its turnover at £24m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Reed Talent Solutions Limited Health Check
Pomanda's financial health check has awarded Reed Talent Solutions Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
3 Weak
Size
annual sales of £24m, make it larger than the average company (£304.1k)
£24m - Reed Talent Solutions Limited
£304.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 304%, show it is growing at a faster rate (6.2%)
304% - Reed Talent Solutions Limited
6.2% - Industry AVG
Production
with a gross margin of 10.8%, this company has a higher cost of product (55.3%)
10.8% - Reed Talent Solutions Limited
55.3% - Industry AVG
Profitability
an operating margin of 10.2% make it more profitable than the average company (8.4%)
10.2% - Reed Talent Solutions Limited
8.4% - Industry AVG
Employees
with 118 employees, this is above the industry average (4)
- Reed Talent Solutions Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Reed Talent Solutions Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £203k, this is more efficient (£109.8k)
- Reed Talent Solutions Limited
£109.8k - Industry AVG
Debtor Days
it gets paid by customers after 85 days, this is near the average (71 days)
85 days - Reed Talent Solutions Limited
71 days - Industry AVG
Creditor Days
its suppliers are paid after 99 days, this is slower than average (27 days)
99 days - Reed Talent Solutions Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Reed Talent Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (23 weeks)
6 weeks - Reed Talent Solutions Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.9%, this is a higher level of debt than the average (56.3%)
75.9% - Reed Talent Solutions Limited
56.3% - Industry AVG
REED TALENT SOLUTIONS LIMITED financials
Reed Talent Solutions Limited's latest turnover from June 2023 is £24 million and the company has net assets of £2.5 million. According to their latest financial statements, we estimate that Reed Talent Solutions Limited has 118 employees and maintains cash reserves of £1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|---|
| Turnover | 23,956,000 | 14,852,000 | 4,457,000 | 363,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 21,369,000 | 14,121,000 | 4,375,000 | 349,000 |
| Gross Profit | 2,587,000 | 731,000 | 82,000 | 14,000 |
| Admin Expenses | 146,000 | 112,000 | 2,000 | -2,000 |
| Operating Profit | 2,441,000 | 619,000 | 80,000 | 16,000 |
| Interest Payable | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 2,441,000 | 619,000 | 80,000 | 16,000 |
| Tax | -500,000 | -117,000 | -15,000 | -3,000 |
| Profit After Tax | 1,941,000 | 502,000 | 65,000 | 13,000 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Retained Profit | 1,941,000 | 502,000 | 65,000 | 13,000 |
| Employee Costs | 0 | 0 | 0 | 0 |
| Number Of Employees | ||||
| EBITDA* | 2,441,000 | 619,000 | 80,000 | 16,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 5,599,000 | 6,704,000 | 1,310,000 | 275,000 |
| Group Debtors | 3,805,000 | 1,190,000 | 0 | 0 |
| Misc Debtors | 15,000 | 53,000 | 62,000 | 0 |
| Cash | 1,026,000 | 1,148,000 | 297,000 | 66,000 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 10,445,000 | 9,095,000 | 1,669,000 | 341,000 |
| total assets | 10,445,000 | 9,095,000 | 1,669,000 | 341,000 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 5,849,000 | 7,907,000 | 737,000 | 234,000 |
| Group/Directors Accounts | 889,000 | 294,000 | 455,000 | 70,000 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 1,186,000 | 314,000 | 399,000 | 24,000 |
| total current liabilities | 7,924,000 | 8,515,000 | 1,591,000 | 328,000 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 7,924,000 | 8,515,000 | 1,591,000 | 328,000 |
| net assets | 2,521,000 | 580,000 | 78,000 | 13,000 |
| total shareholders funds | 2,521,000 | 580,000 | 78,000 | 13,000 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 2,441,000 | 619,000 | 80,000 | 16,000 |
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | -500,000 | -117,000 | -15,000 | -3,000 |
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 1,472,000 | 6,575,000 | 1,097,000 | 275,000 |
| Creditors | -2,058,000 | 7,170,000 | 503,000 | 234,000 |
| Accruals and Deferred Income | 872,000 | -85,000 | 375,000 | 24,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | -717,000 | 1,012,000 | -154,000 | -4,000 |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 595,000 | -161,000 | 385,000 | 70,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | 0 | 0 | 0 | 0 |
| cash flow from financing | 595,000 | -161,000 | 385,000 | 70,000 |
| cash and cash equivalents | ||||
| cash | -122,000 | 851,000 | 231,000 | 66,000 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -122,000 | 851,000 | 231,000 | 66,000 |
reed talent solutions limited Credit Report and Business Information
Reed Talent Solutions Limited Competitor Analysis
Perform a competitor analysis for reed talent solutions limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in WC2A area or any other competitors across 12 key performance metrics.
reed talent solutions limited Ownership
REED TALENT SOLUTIONS LIMITED group structure
Reed Talent Solutions Limited has no subsidiary companies.
Ultimate parent company
REED GLOBAL LTD
#0023633
2 parents
REED TALENT SOLUTIONS LIMITED
11875450
reed talent solutions limited directors
Reed Talent Solutions Limited currently has 3 directors. The longest serving directors include Mr James Reed (Mar 2019) and Mr Lee Gudgeon (Mar 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Reed | England | 61 years | Mar 2019 | - | Director |
| Mr Lee Gudgeon | England | 52 years | Mar 2019 | - | Director |
| Mr Ian Nicholas | England | 54 years | Mar 2020 | - | Director |
P&L
June 2023turnover
24m
+61%
operating profit
2.4m
+294%
gross margin
10.8%
+119.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
2.5m
+3.35%
total assets
10.4m
+0.15%
cash
1m
-0.11%
net assets
Total assets minus all liabilities
Similar Companies
reed talent solutions limited company details
company number
11875450
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
March 2019
age
5
incorporated
UK
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
N/A
last accounts submitted
June 2023
address
academy court 94 chancery lane, london, WC2A 1DT
accountant
-
auditor
-
reed talent solutions 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 reed talent solutions limited.
reed talent solutions limited Companies House Filings - See Documents
| date | description | view/download |
|---|
