texo recruitment limited
texo recruitment limited Company Information
Company Number
12949876
Next Accounts
Aug 2025
Shareholders
texo group limited
debra bruce
Group Structure
View All
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Registered Address
8 stepfield, witham, essex, CM8 3TH
texo recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of TEXO RECRUITMENT LIMITED at £779.6k based on a Turnover of £4.4m and 0.18x industry multiple (adjusted for size and gross margin).
texo recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of TEXO RECRUITMENT LIMITED at £420.2k based on an EBITDA of £134.3k and a 3.13x industry multiple (adjusted for size and gross margin).
texo recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of TEXO RECRUITMENT LIMITED at £114.7k based on Net Assets of £89.7k and 1.28x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Texo Recruitment Limited Overview
Texo Recruitment Limited is a live company located in essex, CM8 3TH with a Companies House number of 12949876. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in October 2020, it's largest shareholder is texo group limited with a 75% stake. Texo Recruitment Limited is a young, small sized company, Pomanda has estimated its turnover at £4.4m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Texo Recruitment Limited Health Check
Pomanda's financial health check has awarded Texo Recruitment Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £4.4m, make it smaller than the average company (£7.9m)
- Texo Recruitment Limited
£7.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Texo Recruitment Limited
- - Industry AVG
Production
with a gross margin of 25.4%, this company has a comparable cost of product (25.4%)
- Texo Recruitment Limited
25.4% - Industry AVG
Profitability
an operating margin of 3% make it less profitable than the average company (4.4%)
- Texo Recruitment Limited
4.4% - Industry AVG
Employees
with 11 employees, this is below the industry average (39)
11 - Texo Recruitment Limited
39 - Industry AVG
Pay Structure
on an average salary of £52.2k, the company has an equivalent pay structure (£52.2k)
- Texo Recruitment Limited
£52.2k - Industry AVG
Efficiency
resulting in sales per employee of £401k, this is more efficient (£170.4k)
- Texo Recruitment Limited
£170.4k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (45 days)
- Texo Recruitment Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 51 days, this is slower than average (9 days)
- Texo Recruitment Limited
9 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Texo Recruitment Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Texo Recruitment Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.1%, this is a higher level of debt than the average (66.7%)
96.1% - Texo Recruitment Limited
66.7% - Industry AVG
TEXO RECRUITMENT LIMITED financials
Texo Recruitment Limited's latest turnover from November 2023 is estimated at £4.4 million and the company has net assets of £89.7 thousand. According to their latest financial statements, Texo Recruitment Limited has 11 employees and maintains cash reserves of £5.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | |
|---|---|---|---|
| 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 | 11 | 10 | 7 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | |
|---|---|---|---|
| Tangible Assets | 9,355 | 3,198 | 2,339 |
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 9,355 | 3,198 | 2,339 |
| Stock & work in progress | |||
| Trade Debtors | 138,703 | 161,400 | 96,195 |
| Group Debtors | 8,620 | 69,826 | |
| Misc Debtors | 2,162,493 | 123,627 | 98,867 |
| Cash | 5,763 | 405,435 | 15,040 |
| misc current assets | |||
| total current assets | 2,315,579 | 690,462 | 279,928 |
| total assets | 2,324,934 | 693,660 | 282,267 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 467,147 | 102,812 | 44,649 |
| Group/Directors Accounts | 1,491,287 | 535,102 | |
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 276,751 | 73,368 | 210,676 |
| total current liabilities | 2,235,185 | 711,282 | 255,325 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | |||
| total liabilities | 2,235,185 | 711,282 | 255,325 |
| net assets | 89,749 | -17,622 | 26,942 |
| total shareholders funds | 89,749 | -17,622 | 26,942 |
| Nov 2023 | Nov 2022 | Nov 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 1,891 | 1,409 | 565 |
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | 2,024,789 | 20,139 | 264,888 |
| Creditors | 364,335 | 58,163 | 44,649 |
| Accruals and Deferred Income | 203,383 | -137,308 | 210,676 |
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | 956,185 | 535,102 | |
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -399,672 | 390,395 | 15,040 |
| overdraft | |||
| change in cash | -399,672 | 390,395 | 15,040 |
texo recruitment limited Credit Report and Business Information
Texo Recruitment Limited Competitor Analysis
Perform a competitor analysis for texo recruitment limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in CM8 area or any other competitors across 12 key performance metrics.
texo recruitment limited Ownership
TEXO RECRUITMENT LIMITED group structure
Texo Recruitment Limited has no subsidiary companies.
Ultimate parent company
2 parents
TEXO RECRUITMENT LIMITED
12949876
texo recruitment limited directors
Texo Recruitment Limited currently has 3 directors. The longest serving directors include Mr Hayden Smith (Oct 2020) and Mr Christopher Smith (Oct 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hayden Smith | United Kingdom | 85 years | Oct 2020 | - | Director |
| Mr Christopher Smith | United Kingdom | 50 years | Oct 2020 | - | Director |
| Ms Debra Bruce | Scotland | 33 years | Nov 2020 | - | Director |
P&L
November 2023turnover
4.4m
+176%
operating profit
132.4k
0%
gross margin
25.4%
-2.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
89.7k
-6.09%
total assets
2.3m
+2.35%
cash
5.8k
-0.99%
net assets
Total assets minus all liabilities
Similar Companies
texo recruitment limited company details
company number
12949876
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
October 2020
age
5
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
November 2023
previous names
N/A
accountant
HASLERS
auditor
-
address
8 stepfield, witham, essex, CM8 3TH
Bank
-
Legal Advisor
-
texo 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 texo recruitment limited.
texo 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 TEXO RECRUITMENT LIMITED. This can take several minutes, an email will notify you when this has completed.
texo recruitment limited Companies House Filings - See Documents
| date | description | view/download |
|---|
