abacus professional recruitment limited Company Information
Company Number
NI048765
Next Accounts
Sep 2025
Industry
Temporary employment agency activities
Shareholders
clare rush
justin rush
View AllGroup Structure
View All
Contact
Registered Address
16 mount charles, belfast, BT7 1NZ
Website
www.abacus.jobsabacus professional recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of ABACUS PROFESSIONAL RECRUITMENT LIMITED at £260.3k based on a Turnover of £1.7m and 0.15x industry multiple (adjusted for size and gross margin).
abacus professional recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of ABACUS PROFESSIONAL RECRUITMENT LIMITED at £0 based on an EBITDA of £-43.8k and a 2.24x industry multiple (adjusted for size and gross margin).
abacus professional recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of ABACUS PROFESSIONAL RECRUITMENT LIMITED at £127.9k based on Net Assets of £83.6k and 1.53x industry multiple (adjusted for liquidity).
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Abacus Professional Recruitment Limited Overview
Abacus Professional Recruitment Limited is a live company located in belfast, BT7 1NZ with a Companies House number of NI048765. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in November 2003, it's largest shareholder is clare rush with a 25% stake. Abacus Professional Recruitment Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.7m with rapid growth in recent years.
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Abacus Professional Recruitment Limited Health Check
Pomanda's financial health check has awarded Abacus Professional 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 £1.7m, make it smaller than the average company (£16.7m)
- Abacus Professional Recruitment Limited
£16.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 118%, show it is growing at a faster rate (6.1%)
- Abacus Professional Recruitment Limited
6.1% - Industry AVG
Production
with a gross margin of 11%, this company has a higher cost of product (18.4%)
- Abacus Professional Recruitment Limited
18.4% - Industry AVG
Profitability
an operating margin of -2.7% make it less profitable than the average company (2.6%)
- Abacus Professional Recruitment Limited
2.6% - Industry AVG
Employees
with 6 employees, this is below the industry average (56)
6 - Abacus Professional Recruitment Limited
56 - Industry AVG
Pay Structure
on an average salary of £52.7k, the company has an equivalent pay structure (£52.7k)
- Abacus Professional Recruitment Limited
£52.7k - Industry AVG
Efficiency
resulting in sales per employee of £289.5k, this is more efficient (£246.7k)
- Abacus Professional Recruitment Limited
£246.7k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is later than average (45 days)
- Abacus Professional Recruitment Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 49 days, this is slower than average (4 days)
- Abacus Professional Recruitment Limited
4 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Abacus Professional Recruitment Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Abacus Professional Recruitment Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73.5%, this is a similar level of debt than the average (71.2%)
73.5% - Abacus Professional Recruitment Limited
71.2% - Industry AVG
ABACUS PROFESSIONAL RECRUITMENT LIMITED financials
Abacus Professional Recruitment Limited's latest turnover from December 2023 is estimated at £1.7 million and the company has net assets of £83.6 thousand. According to their latest financial statements, Abacus Professional Recruitment Limited has 6 employees 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 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 6 | 7 | 8 | 5 | 5 | 5 | 5 | 4 | 2 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 15,683 | 14,857 | 14,257 | 16,179 | 15,918 | 18,054 | 4,647 | 5,376 | 1,164 | 1,455 | 1,819 | 2,274 | 2,678 | 3,151 | 3,938 | 4,471 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 15,683 | 14,857 | 14,257 | 16,179 | 15,918 | 18,054 | 4,647 | 5,376 | 1,164 | 1,455 | 1,819 | 2,274 | 2,678 | 3,151 | 3,938 | 4,471 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 299,323 | 283,522 | 259,905 | 28,354 | 292,787 | 298,844 | 173,347 | 140,190 | 87,809 | 54,237 | 0 | 0 | 9,042 | 53,808 | 19,177 | 19,373 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 247,185 | 0 | 0 | 0 | 0 | 0 | 0 | 19,584 | 19,299 | 10,374 | 9,065 | 0 | 9,837 |
Cash | 0 | 174,000 | 99,218 | 113,811 | 122,895 | 20,640 | 13,746 | 26,807 | 5,508 | 256 | 3,705 | 6,343 | 10,146 | 12,813 | 7,634 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 299,323 | 457,522 | 359,123 | 389,350 | 415,682 | 319,484 | 187,093 | 166,997 | 93,317 | 54,493 | 23,289 | 25,642 | 29,562 | 75,686 | 26,811 | 29,210 |
total assets | 315,006 | 472,379 | 373,380 | 405,529 | 431,600 | 337,538 | 191,740 | 172,373 | 94,481 | 55,948 | 25,108 | 27,916 | 32,240 | 78,837 | 30,749 | 33,681 |
Bank overdraft | 0 | 0 | 0 | 987 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 210,203 | 318,176 | 284,628 | 232 | 333,868 | 273,538 | 185,681 | 142,474 | 40,328 | 55,603 | 24,077 | 27,495 | 57,488 | 75,358 | 30,209 | 31,762 |
Group/Directors Accounts | 0 | 0 | 0 | 218,150 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 99,472 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 210,203 | 318,176 | 284,628 | 318,841 | 333,868 | 273,538 | 185,681 | 142,474 | 40,328 | 55,603 | 24,077 | 27,495 | 57,488 | 75,358 | 30,209 | 31,762 |
loans | 0 | 0 | 0 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 17,284 | 24,969 | 34,028 | 0 | 0 | 0 | 1,449 | 2,900 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 3,921 | 2,823 | 2,710 | 3,075 | 3,025 | 812 | 883 | 1,021 | 233 | 291 | 364 | 305 | 348 | 445 | 519 | 554 |
total long term liabilities | 21,205 | 27,792 | 36,738 | 53,075 | 3,025 | 812 | 2,332 | 3,921 | 233 | 291 | 364 | 305 | 348 | 445 | 519 | 554 |
total liabilities | 231,408 | 345,968 | 321,366 | 371,916 | 336,893 | 274,350 | 188,013 | 146,395 | 40,561 | 55,894 | 24,441 | 27,800 | 57,836 | 75,803 | 30,728 | 32,316 |
net assets | 83,598 | 126,411 | 52,014 | 33,613 | 94,707 | 63,188 | 3,727 | 25,978 | 53,920 | 54 | 667 | 116 | -25,596 | 3,034 | 21 | 1,365 |
total shareholders funds | 83,598 | 126,411 | 52,014 | 33,613 | 94,707 | 63,188 | 3,727 | 25,978 | 53,920 | 54 | 667 | 116 | -25,596 | 3,034 | 21 | 1,365 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||||
Operating Profit | ||||||||||||||||
Depreciation | 3,619 | 3,233 | 3,313 | 1,947 | 3,980 | 4,536 | 1,162 | 1,345 | 291 | 364 | 455 | 404 | 473 | 787 | 984 | 1,118 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 15,801 | 23,617 | -15,634 | -23,305 | -6,057 | 125,497 | 33,157 | 52,381 | 33,572 | 34,653 | 285 | -117 | -43,457 | 43,696 | -10,033 | 29,210 |
Creditors | -107,973 | 33,548 | 284,396 | -273,306 | 60,330 | 87,857 | 43,207 | 102,146 | -15,275 | 31,526 | -3,418 | -29,993 | -17,870 | 45,149 | -1,553 | 31,762 |
Accruals and Deferred Income | 0 | 0 | -99,472 | 99,472 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 1,098 | 113 | -365 | 2,263 | 2,213 | -71 | -138 | 788 | -58 | -73 | 59 | -43 | -97 | -74 | -35 | 554 |
Cash flow from operations | ||||||||||||||||
Investing Activities | ||||||||||||||||
capital expenditure | ||||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||||
Financing Activities | ||||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | -218,150 | 218,150 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | -50,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -7,685 | -9,059 | 34,028 | 0 | 0 | -1,449 | -1,451 | 2,900 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||||
interest | ||||||||||||||||
cash flow from financing | ||||||||||||||||
cash and cash equivalents | ||||||||||||||||
cash | -174,000 | 74,782 | -14,593 | 93,171 | 102,255 | 6,894 | -13,061 | 21,299 | 5,252 | -3,449 | -2,638 | -3,803 | -2,667 | 5,179 | 7,634 | 0 |
overdraft | 0 | 0 | -987 | 987 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -174,000 | 74,782 | -13,606 | 92,184 | 102,255 | 6,894 | -13,061 | 21,299 | 5,252 | -3,449 | -2,638 | -3,803 | -2,667 | 5,179 | 7,634 | 0 |
abacus professional recruitment limited Credit Report and Business Information
Abacus Professional Recruitment Limited Competitor Analysis
Perform a competitor analysis for abacus professional recruitment limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in BT7 area or any other competitors across 12 key performance metrics.
abacus professional recruitment limited Ownership
ABACUS PROFESSIONAL RECRUITMENT LIMITED group structure
Abacus Professional Recruitment Limited has no subsidiary companies.
Ultimate parent company
ABACUS PROFESSIONAL RECRUITMENT LIMITED
NI048765
abacus professional recruitment limited directors
Abacus Professional Recruitment Limited currently has 2 directors. The longest serving directors include Mr Justin Rush (Mar 2004) and Mrs Clare Rush (Feb 2016).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Justin Rush | 51 years | Mar 2004 | - | Director | |
Mrs Clare Rush | 51 years | Feb 2016 | - | Director |
P&L
December 2023turnover
1.7m
-11%
operating profit
-47.4k
0%
gross margin
11.1%
+5.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
83.6k
-0.34%
total assets
315k
-0.33%
cash
0
-1%
net assets
Total assets minus all liabilities
abacus professional recruitment limited company details
company number
NI048765
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
November 2003
age
22
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
16 mount charles, belfast, BT7 1NZ
Bank
ULSTER BANK LTD
Legal Advisor
-
abacus professional 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 found 1 charges/mortgages relating to abacus professional recruitment limited. Currently there are 1 open charges and 0 have been satisfied in the past.
abacus professional 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.
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abacus professional recruitment limited Companies House Filings - See Documents
date | description | view/download |
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