donard recruitment ltd Company Information
Company Number
NI631672
Website
donardrecruitment.comRegistered Address
3rd floor, merrion business cent, 58 howard street, belfast, BT1 6PJ
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Telephone
01614647277
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
stephen mcbride 33.3%
michael teague 33.3%
View Alldonard recruitment ltd Estimated Valuation
Pomanda estimates the enterprise value of DONARD RECRUITMENT LTD at £274k based on a Turnover of £2.1m and 0.13x industry multiple (adjusted for size and gross margin).
donard recruitment ltd Estimated Valuation
Pomanda estimates the enterprise value of DONARD RECRUITMENT LTD at £48.5k based on an EBITDA of £19.2k and a 2.52x industry multiple (adjusted for size and gross margin).
donard recruitment ltd Estimated Valuation
Pomanda estimates the enterprise value of DONARD RECRUITMENT LTD at £416k based on Net Assets of £264.1k and 1.58x industry multiple (adjusted for liquidity).
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Donard Recruitment Ltd Overview
Donard Recruitment Ltd is a live company located in belfast, BT1 6PJ with a Companies House number of NI631672. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in June 2015, it's largest shareholder is stephen mcbride with a 33.3% stake. Donard Recruitment Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.1m with declining growth in recent years.
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Donard Recruitment Ltd Health Check
Pomanda's financial health check has awarded Donard Recruitment Ltd a 3 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
2 Regular
6 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£7.5m)
- Donard Recruitment Ltd
£7.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (3.1%)
- Donard Recruitment Ltd
3.1% - Industry AVG
Production
with a gross margin of 14.3%, this company has a higher cost of product (26.9%)
- Donard Recruitment Ltd
26.9% - Industry AVG
Profitability
an operating margin of 0.8% make it less profitable than the average company (4.9%)
- Donard Recruitment Ltd
4.9% - Industry AVG
Employees
with 32 employees, this is similar to the industry average (35)
32 - Donard Recruitment Ltd
35 - Industry AVG
Pay Structure
on an average salary of £52.8k, the company has an equivalent pay structure (£52.8k)
- Donard Recruitment Ltd
£52.8k - Industry AVG
Efficiency
resulting in sales per employee of £66.3k, this is less efficient (£202.7k)
- Donard Recruitment Ltd
£202.7k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is later than average (50 days)
- Donard Recruitment Ltd
50 days - Industry AVG
Creditor Days
its suppliers are paid after 66 days, this is slower than average (10 days)
- Donard Recruitment Ltd
10 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Donard Recruitment Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 35 weeks, this is more cash available to meet short term requirements (12 weeks)
35 weeks - Donard Recruitment Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55.6%, this is a lower level of debt than the average (68.7%)
55.6% - Donard Recruitment Ltd
68.7% - Industry AVG
DONARD RECRUITMENT LTD financials
Donard Recruitment Ltd's latest turnover from December 2022 is estimated at £2.1 million and the company has net assets of £264.1 thousand. According to their latest financial statements, Donard Recruitment Ltd has 32 employees and maintains cash reserves of £227.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
---|---|---|---|---|---|---|---|---|
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 | 32 | 21 | 21 | 21 | ||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
---|---|---|---|---|---|---|---|---|
Tangible Assets | 8,448 | 7,970 | 9,377 | 11,032 | 12,979 | 11,950 | 6,760 | 1,124 |
Intangible Assets | 6,656 | 6,656 | 6,656 | 6,656 | 6,656 | 1,356 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 15,104 | 14,626 | 16,033 | 17,688 | 19,635 | 13,306 | 6,760 | 1,124 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 352,023 | 296,094 | 305,163 | 409,376 | 202,400 | 1,224 | 157,793 | 23,566 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 227,926 | 317,137 | 95,227 | 17,711 | 5,793 | 271,302 | 0 | 9,663 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 579,949 | 613,231 | 400,390 | 427,087 | 208,193 | 272,526 | 157,793 | 33,229 |
total assets | 595,053 | 627,857 | 416,423 | 444,775 | 227,828 | 285,832 | 164,553 | 34,353 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 330,927 | 385,834 | 400,808 | 430,700 | 195,571 | 135,007 | 145,524 | 28,281 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 330,927 | 385,834 | 400,808 | 430,700 | 195,571 | 135,007 | 145,524 | 28,281 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 330,927 | 385,834 | 400,808 | 430,700 | 195,571 | 135,007 | 145,524 | 28,281 |
net assets | 264,126 | 242,023 | 15,615 | 14,075 | 32,257 | 150,825 | 19,029 | 6,072 |
total shareholders funds | 264,126 | 242,023 | 15,615 | 14,075 | 32,257 | 150,825 | 19,029 | 6,072 |
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||
Operating Profit | ||||||||
Depreciation | 1,491 | 1,407 | 1,655 | 1,947 | 2,292 | 2,100 | 90 | |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Tax | ||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 55,929 | -9,069 | -104,213 | 206,976 | 201,176 | -156,569 | 134,227 | 23,566 |
Creditors | -54,907 | -14,974 | -29,892 | 235,129 | 60,564 | -10,517 | 117,243 | 28,281 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||
Investing Activities | ||||||||
capital expenditure | ||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||
Financing Activities | ||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||
interest | ||||||||
cash flow from financing | ||||||||
cash and cash equivalents | ||||||||
cash | -89,211 | 221,910 | 77,516 | 11,918 | -265,509 | 271,302 | -9,663 | 9,663 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -89,211 | 221,910 | 77,516 | 11,918 | -265,509 | 271,302 | -9,663 | 9,663 |
donard recruitment ltd Credit Report and Business Information
Donard Recruitment Ltd Competitor Analysis
Perform a competitor analysis for donard recruitment ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
donard recruitment ltd Ownership
DONARD RECRUITMENT LTD group structure
Donard Recruitment Ltd has no subsidiary companies.
Ultimate parent company
DONARD RECRUITMENT LTD
NI631672
donard recruitment ltd directors
Donard Recruitment Ltd currently has 2 directors. The longest serving directors include Mr Michael Teague (Jun 2015) and Mr Stephen McBride (Jun 2015).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Michael Teague | Northern Ireland | 44 years | Jun 2015 | - | Director |
Mr Stephen McBride | Northern Ireland | 43 years | Jun 2015 | - | Director |
P&L
December 2022turnover
2.1m
+11%
operating profit
17.7k
0%
gross margin
14.4%
+7.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
264.1k
+0.09%
total assets
595.1k
-0.05%
cash
227.9k
-0.28%
net assets
Total assets minus all liabilities
donard recruitment ltd company details
company number
NI631672
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
June 2015
age
9
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
3rd floor, merrion business cent, 58 howard street, belfast, BT1 6PJ
last accounts submitted
December 2022
donard 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 donard recruitment ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
donard recruitment ltd Companies House Filings - See Documents
date | description | view/download |
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