max recruitment ltd

max recruitment ltd Company Information

Share MAX RECRUITMENT LTD
Live 
EstablishedMidHigh

Company Number

NI622729

Industry

Renting and leasing of cars and light motor vehicles

 

Shareholders

diane kathleen maxwell

daniel james maxwell

Group Structure

View All

Contact

Registered Address

second floor suite -legal & fina, 137 york road, belfast, BT15 3GZ

max recruitment ltd Estimated Valuation

£4.3m

Pomanda estimates the enterprise value of MAX RECRUITMENT LTD at £4.3m based on a Turnover of £6.2m and 0.69x industry multiple (adjusted for size and gross margin).

max recruitment ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of MAX RECRUITMENT LTD at £0 based on an EBITDA of £-135.7k and a 2.37x industry multiple (adjusted for size and gross margin).

max recruitment ltd Estimated Valuation

£146.5k

Pomanda estimates the enterprise value of MAX RECRUITMENT LTD at £146.5k based on Net Assets of £59.4k and 2.47x industry multiple (adjusted for liquidity).

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Max Recruitment Ltd Overview

Max Recruitment Ltd is a live company located in belfast, BT15 3GZ with a Companies House number of NI622729. It operates in the renting and leasing of cars and light motor vehicles sector, SIC Code 77110. Founded in February 2014, it's largest shareholder is diane kathleen maxwell with a 50% stake. Max Recruitment Ltd is a established, mid sized company, Pomanda has estimated its turnover at £6.2m with high growth in recent years.

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Max Recruitment Ltd Health Check

Pomanda's financial health check has awarded Max Recruitment Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £6.2m, make it smaller than the average company (£14.5m)

£6.2m - Max Recruitment Ltd

£14.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (10.9%)

23% - Max Recruitment Ltd

10.9% - Industry AVG

production

Production

with a gross margin of 18.1%, this company has a higher cost of product (30.3%)

18.1% - Max Recruitment Ltd

30.3% - Industry AVG

profitability

Profitability

an operating margin of -2.2% make it less profitable than the average company (12.4%)

-2.2% - Max Recruitment Ltd

12.4% - Industry AVG

employees

Employees

with 87 employees, this is above the industry average (35)

87 - Max Recruitment Ltd

35 - Industry AVG

paystructure

Pay Structure

on an average salary of £43.5k, the company has an equivalent pay structure (£43.5k)

£43.5k - Max Recruitment Ltd

£43.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £71.5k, this is less efficient (£303k)

£71.5k - Max Recruitment Ltd

£303k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 32 days, this is near the average (32 days)

32 days - Max Recruitment Ltd

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 40 days, this is slower than average (25 days)

40 days - Max Recruitment Ltd

25 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Max Recruitment Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 7 weeks, this is more cash available to meet short term requirements (4 weeks)

7 weeks - Max Recruitment Ltd

4 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 90.8%, this is a higher level of debt than the average (79%)

90.8% - Max Recruitment Ltd

79% - Industry AVG

MAX RECRUITMENT LTD financials

EXPORTms excel logo

Max Recruitment Ltd's latest turnover from March 2024 is estimated at £6.2 million and the company has net assets of £59.4 thousand. According to their latest financial statements, Max Recruitment Ltd has 87 employees and maintains cash reserves of £80.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Turnover6,222,1725,082,1653,912,9273,369,2217,133,0125,689,5075,055,9764,593,2462,162,4941,765,500
Other Income Or Grants0000000000
Cost Of Sales5,096,4004,117,6143,244,8682,959,4276,033,7104,758,0874,190,5473,700,3541,787,7631,510,131
Gross Profit1,125,772964,551668,059409,7941,099,302931,420865,429892,892374,731255,369
Admin Expenses1,262,150800,403582,452435,9671,207,204858,636877,393915,475327,228191,809
Operating Profit-136,378164,14885,607-26,173-107,90272,784-11,964-22,58347,50363,560
Interest Payable0000000000
Interest Receivable6,1646,7341,3891811681,01158726717815
Pre-Tax Profit-130,214170,88186,996-25,992-107,73473,795-11,377-22,31647,68163,575
Tax0-32,467-16,52900-14,02100-9,536-13,351
Profit After Tax-130,214138,41470,467-25,992-107,73459,774-11,377-22,31638,14550,224
Dividends Paid0000000000
Retained Profit-130,214138,41470,467-25,992-107,73459,774-11,377-22,31638,14550,224
Employee Costs3,781,7783,500,4853,034,6103,088,8403,740,0003,729,8952,987,1252,512,434129,59591,500
Number Of Employees87878492110109917543
EBITDA*-135,737164,39186,306-24,996-106,726116,96132,213-22,58390,503106,560

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Tangible Assets2,8711,7468344901,6672,8156,74211,1699,00012,000
Intangible Assets00000040,00080,000120,000160,000
Investments & Other0000000000
Debtors (Due After 1 year)0000360,73400000
Total Fixed Assets2,8711,746834490362,4012,81546,74291,169129,000172,000
Stock & work in progress0000000000
Trade Debtors559,590590,937439,210266,7230569,653433,940449,864453,706409,278
Group Debtors0000000000
Misc Debtors0000000000
Cash80,714154,088162,803207,558153,737183,24186,427148,53365,4425,912
misc current assets0000000000
total current assets640,304745,025602,013474,281153,737752,894520,367598,397519,148415,190
total assets643,175746,771602,847474,771516,138755,709567,109689,566648,148587,190
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 566,991464,629396,854290,141462,228641,257512,431623,511506,015489,118
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities0000000000
total current liabilities566,991464,629396,854290,141462,228641,257512,431623,511506,015489,118
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities16,79192,535154,800203,90447,19200053,76247,846
provisions0000000000
total long term liabilities16,79192,535154,800203,90447,19200053,76247,846
total liabilities583,782557,164551,654494,045509,420641,257512,431623,511559,777536,964
net assets59,393189,60751,193-19,2746,718114,45254,67866,05588,37150,226
total shareholders funds59,393189,60751,193-19,2746,718114,45254,67866,05588,37150,226
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Operating Activities
Operating Profit-136,378164,14885,607-26,173-107,90272,784-11,964-22,58347,50363,560
Depreciation6412436991,1771,1764,1774,17703,0003,000
Amortisation0000040,00040,000040,00040,000
Tax0-32,467-16,52900-14,02100-9,536-13,351
Stock0000000000
Debtors-31,347151,727172,487-94,011-208,919135,713-15,924-3,84244,428409,278
Creditors102,36267,775106,713-172,087-179,029128,826-111,080117,49616,897489,118
Accruals and Deferred Income0000000000
Deferred Taxes & Provisions0000000000
Cash flow from operations-2,02847,9724,003-103,072-76,83696,053-62,94398,75553,436173,049
Investing Activities
capital expenditure-1,766-1,155-1,0430-28-25025037,8310-215,000
Change in Investments0000000000
cash flow from investments-1,766-1,155-1,0430-28-25025037,8310-215,000
Financing Activities
Bank loans0000000000
Group/Directors Accounts0000000000
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities-75,744-62,265-49,104156,71247,19200-53,7625,91647,846
share issue0000000002
interest6,1646,7341,3891811681,01158726717815
cash flow from financing-69,580-55,531-47,715156,89347,3601,011587-53,4956,09447,863
cash and cash equivalents
cash-73,374-8,715-44,75553,821-29,50496,814-62,10683,09159,5305,912
overdraft0000000000
change in cash-73,374-8,715-44,75553,821-29,50496,814-62,10683,09159,5305,912

max recruitment ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Max Recruitment Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for max recruitment ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in BT15 area or any other competitors across 12 key performance metrics.

max recruitment ltd Ownership

MAX RECRUITMENT LTD group structure

Max Recruitment Ltd has no subsidiary companies.

Ultimate parent company

MAX RECRUITMENT LTD

NI622729

MAX RECRUITMENT LTD Shareholders

diane kathleen maxwell 50%
daniel james maxwell 50%

max recruitment ltd directors

Max Recruitment Ltd currently has 2 directors. The longest serving directors include Ms Diane Maxwell (Feb 2014) and Mr Daniel Maxwell (Feb 2014).

officercountryagestartendrole
Ms Diane MaxwellNorthern Ireland59 years Feb 2014- Director
Mr Daniel MaxwellNorthern Ireland62 years Feb 2014- Director

P&L

March 2024

turnover

6.2m

+22%

operating profit

-136.4k

0%

gross margin

18.1%

-4.67%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

59.4k

-0.69%

total assets

643.2k

-0.14%

cash

80.7k

-0.48%

net assets

Total assets minus all liabilities

max recruitment ltd company details

company number

NI622729

Type

Private limited with Share Capital

industry

77110 - Renting and leasing of cars and light motor vehicles

incorporation date

February 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

second floor suite -legal & fina, 137 york road, belfast, BT15 3GZ

Bank

-

Legal Advisor

-

max 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 5 charges/mortgages relating to max recruitment ltd. Currently there are 2 open charges and 3 have been satisfied in the past.

max 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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max recruitment ltd Companies House Filings - See Documents

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