new city recruitment limited
new city recruitment limited Company Information
Company Number
12376462
Next Accounts
Sep 2025
Industry
Other business support service activities n.e.c.
Shareholders
brian taggart
alexander howard
Group Structure
View All
Contact
Registered Address
19 st. michaels road, newquay, TR7 1LL
Website
-new city recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of NEW CITY RECRUITMENT LIMITED at £84.9k based on a Turnover of £222k and 0.38x industry multiple (adjusted for size and gross margin).
new city recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of NEW CITY RECRUITMENT LIMITED at £274 based on an EBITDA of £97 and a 2.82x industry multiple (adjusted for size and gross margin).
new city recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of NEW CITY RECRUITMENT LIMITED at £58.2k based on Net Assets of £24.8k and 2.35x industry multiple (adjusted for liquidity).
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New City Recruitment Limited Overview
New City Recruitment Limited is a live company located in newquay, TR7 1LL with a Companies House number of 12376462. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in December 2019, it's largest shareholder is brian taggart with a 50% stake. New City Recruitment Limited is a young, micro sized company, Pomanda has estimated its turnover at £222k with declining growth in recent years.
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New City Recruitment Limited Health Check
Pomanda's financial health check has awarded New City Recruitment Limited a 2.5 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
3 Strong
1 Regular
6 Weak
Size
annual sales of £222k, make it smaller than the average company (£4.8m)
- New City Recruitment Limited
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (6.6%)
- New City Recruitment Limited
6.6% - Industry AVG
Production
with a gross margin of 16.9%, this company has a higher cost of product (38.2%)
- New City Recruitment Limited
38.2% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (5.7%)
- New City Recruitment Limited
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (27)
1 - New City Recruitment Limited
27 - Industry AVG
Pay Structure
on an average salary of £54k, the company has an equivalent pay structure (£54k)
- New City Recruitment Limited
£54k - Industry AVG
Efficiency
resulting in sales per employee of £222k, this is more efficient (£171.4k)
- New City Recruitment Limited
£171.4k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (41 days)
- New City Recruitment Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 430 days, this is slower than average (31 days)
- New City Recruitment Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- New City Recruitment Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - New City Recruitment Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.8%, this is a higher level of debt than the average (62.3%)
90.8% - New City Recruitment Limited
62.3% - Industry AVG
NEW CITY RECRUITMENT LIMITED financials
New City Recruitment Limited's latest turnover from December 2023 is estimated at £222 thousand and the company has net assets of £24.8 thousand. According to their latest financial statements, New City Recruitment Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 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 | 1 | 2 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Tangible Assets | 268,022 | 271,379 | 271,378 | 275,188 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 268,022 | 271,379 | 271,378 | 275,188 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 90 | 810 | 65,551 | 29,173 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 90 | 810 | 65,551 | 29,173 |
| total assets | 268,112 | 272,189 | 336,929 | 304,361 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 217,461 | 217,538 | 278,844 | 248,658 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 217,461 | 217,538 | 278,844 | 248,658 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 25,859 | 29,932 | 35,301 | 40,000 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 25,859 | 29,932 | 35,301 | 40,000 |
| total liabilities | 243,320 | 247,470 | 314,145 | 288,658 |
| net assets | 24,792 | 24,719 | 22,784 | 15,703 |
| total shareholders funds | 24,792 | 24,719 | 22,784 | 15,703 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -720 | -64,741 | 36,378 | 29,173 |
| Creditors | -77 | -61,306 | 30,186 | 248,658 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| 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 | 0 | 0 | 0 | 0 |
| 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 | -4,073 | -5,369 | -4,699 | 40,000 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 |
new city recruitment limited Credit Report and Business Information
New City Recruitment Limited Competitor Analysis
Perform a competitor analysis for new city recruitment limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in TR7 area or any other competitors across 12 key performance metrics.
new city recruitment limited Ownership
NEW CITY RECRUITMENT LIMITED group structure
New City Recruitment Limited has no subsidiary companies.
Ultimate parent company
NEW CITY RECRUITMENT LIMITED
12376462
new city recruitment limited directors
New City Recruitment Limited currently has 2 directors. The longest serving directors include Mr Brian Taggart (Dec 2019) and Miss Hannah Smaldon (Jun 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Brian Taggart | England | 43 years | Dec 2019 | - | Director |
| Miss Hannah Smaldon | England | 31 years | Jun 2021 | - | Director |
P&L
December 2023turnover
222k
-3%
operating profit
97.3
0%
gross margin
17%
-1.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
24.8k
0%
total assets
268.1k
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
new city recruitment limited company details
company number
12376462
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
December 2019
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
19 st. michaels road, newquay, TR7 1LL
Bank
-
Legal Advisor
-
new city 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 new city recruitment limited.
new city 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.
Click to start generating capital raising & share issue transactions for NEW CITY RECRUITMENT LIMITED. This can take several minutes, an email will notify you when this has completed.
new city recruitment limited Companies House Filings - See Documents
| date | description | view/download |
|---|
