deg recruitment ltd
deg recruitment ltd Company Information
Company Number
12080545
Next Accounts
Mar 2025
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Shareholders
raj kang
Group Structure
View All
Contact
Registered Address
unit 24 schooner court, crossways business park, dartford, DA2 6NW
Website
-deg recruitment ltd Estimated Valuation
Pomanda estimates the enterprise value of DEG RECRUITMENT LTD at £3.3m based on a Turnover of £6.9m and 0.48x industry multiple (adjusted for size and gross margin).
deg recruitment ltd Estimated Valuation
Pomanda estimates the enterprise value of DEG RECRUITMENT LTD at £386.9k based on an EBITDA of £87.6k and a 4.42x industry multiple (adjusted for size and gross margin).
deg recruitment ltd Estimated Valuation
Pomanda estimates the enterprise value of DEG RECRUITMENT LTD at £690.9k based on Net Assets of £304.6k and 2.27x industry multiple (adjusted for liquidity).
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Deg Recruitment Ltd Overview
Deg Recruitment Ltd is a live company located in dartford, DA2 6NW with a Companies House number of 12080545. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in July 2019, it's largest shareholder is raj kang with a 100% stake. Deg Recruitment Ltd is a young, mid sized company, Pomanda has estimated its turnover at £6.9m with rapid growth in recent years.
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Deg Recruitment Ltd Health Check
Pomanda's financial health check has awarded Deg Recruitment Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £6.9m, make it in line with the average company (£6.5m)
- Deg Recruitment Ltd
£6.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (7.2%)
- Deg Recruitment Ltd
7.2% - Industry AVG
Production
with a gross margin of 24.9%, this company has a comparable cost of product (24.9%)
- Deg Recruitment Ltd
24.9% - Industry AVG
Profitability
an operating margin of 1.3% make it less profitable than the average company (6%)
- Deg Recruitment Ltd
6% - Industry AVG
Employees
with 2 employees, this is below the industry average (29)
2 - Deg Recruitment Ltd
29 - Industry AVG
Pay Structure
on an average salary of £46.6k, the company has an equivalent pay structure (£46.6k)
- Deg Recruitment Ltd
£46.6k - Industry AVG
Efficiency
resulting in sales per employee of £3.5m, this is more efficient (£190.3k)
- Deg Recruitment Ltd
£190.3k - Industry AVG
Debtor Days
it gets paid by customers after 129 days, this is later than average (58 days)
- Deg Recruitment Ltd
58 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (39 days)
- Deg Recruitment Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Deg Recruitment Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (20 weeks)
0 weeks - Deg Recruitment Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.8%, this is a higher level of debt than the average (61.2%)
87.8% - Deg Recruitment Ltd
61.2% - Industry AVG
DEG RECRUITMENT LTD financials
Deg Recruitment Ltd's latest turnover from June 2023 is estimated at £6.9 million and the company has net assets of £304.6 thousand. According to their latest financial statements, Deg Recruitment Ltd has 2 employees and maintains cash reserves of £14.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|---|
| 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 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|---|
| Tangible Assets | 2,545 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 5,000 | 5,000 | 5,000 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 7,545 | 5,000 | 5,000 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,451,205 | 838,113 | 972,554 | 929,695 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 17,584 | 206,024 | 0 | 1 |
| Cash | 14,235 | 33,686 | 1,276,368 | 6,160 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 2,483,024 | 1,077,823 | 2,248,922 | 935,856 |
| total assets | 2,490,569 | 1,082,823 | 2,253,922 | 935,856 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 833 |
| Trade Creditors | 114,417 | 0 | 71,691 | 111,553 |
| Group/Directors Accounts | 0 | 427,978 | 1,087,616 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 2,071,508 | 416,617 | 922,025 | 645,212 |
| total current liabilities | 2,185,925 | 844,595 | 2,081,332 | 757,598 |
| loans | 0 | 0 | 0 | 49,167 |
| 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 | 49,167 |
| total liabilities | 2,185,925 | 844,595 | 2,081,332 | 806,765 |
| net assets | 304,644 | 238,228 | 172,590 | 129,091 |
| total shareholders funds | 304,644 | 238,228 | 172,590 | 129,091 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 231 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 1,424,652 | 71,583 | 42,858 | 929,696 |
| Creditors | 114,417 | -71,691 | -39,862 | 111,553 |
| Accruals and Deferred Income | 1,654,891 | -505,408 | 276,813 | 645,212 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 5,000 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | -833 | 833 |
| Group/Directors Accounts | -427,978 | -659,638 | 1,087,616 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -49,167 | 49,167 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -19,451 | -1,242,682 | 1,270,208 | 6,160 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -19,451 | -1,242,682 | 1,270,208 | 6,160 |
deg recruitment ltd Credit Report and Business Information
Deg Recruitment Ltd Competitor Analysis
Perform a competitor analysis for deg recruitment ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in DA2 area or any other competitors across 12 key performance metrics.
deg recruitment ltd Ownership
DEG RECRUITMENT LTD group structure
Deg Recruitment Ltd has no subsidiary companies.
Ultimate parent company
DEG RECRUITMENT LTD
12080545
deg recruitment ltd directors
Deg Recruitment Ltd currently has 2 directors. The longest serving directors include Mr Raj Kang (Jul 2019) and Miss Nav Klair (Jan 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Raj Kang | United Kingdom | 37 years | Jul 2019 | - | Director |
| Miss Nav Klair | England | 35 years | Jan 2022 | - | Director |
P&L
June 2023turnover
6.9m
+100%
operating profit
87.4k
0%
gross margin
24.9%
+0.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
304.6k
+0.28%
total assets
2.5m
+1.3%
cash
14.2k
-0.58%
net assets
Total assets minus all liabilities
Similar Companies
deg recruitment ltd company details
company number
12080545
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
July 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
MENZIES LLP
auditor
-
address
unit 24 schooner court, crossways business park, dartford, DA2 6NW
Bank
-
Legal Advisor
-
deg 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 found 1 charges/mortgages relating to deg recruitment ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
deg 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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deg recruitment ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
