strategic resources european recruitment consultants limited
strategic resources european recruitment consultants limited Company Information
Company Number
SC107007
Next Accounts
Sep 2025
Shareholders
strategic resources (holdings) limited
Group Structure
View All
Industry
Temporary employment agency activities
Registered Address
migvie house, 23 north silver street, aberdeen, AB10 1RJ
strategic resources european recruitment consultants limited Estimated Valuation
Pomanda estimates the enterprise value of STRATEGIC RESOURCES EUROPEAN RECRUITMENT CONSULTANTS LIMITED at £3.3m based on a Turnover of £21.6m and 0.15x industry multiple (adjusted for size and gross margin).
strategic resources european recruitment consultants limited Estimated Valuation
Pomanda estimates the enterprise value of STRATEGIC RESOURCES EUROPEAN RECRUITMENT CONSULTANTS LIMITED at £341k based on an EBITDA of £125.3k and a 2.72x industry multiple (adjusted for size and gross margin).
strategic resources european recruitment consultants limited Estimated Valuation
Pomanda estimates the enterprise value of STRATEGIC RESOURCES EUROPEAN RECRUITMENT CONSULTANTS LIMITED at £2m based on Net Assets of £1.5m and 1.3x industry multiple (adjusted for liquidity).
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Strategic Resources European Recruitment Consultants Limited Overview
Strategic Resources European Recruitment Consultants Limited is a live company located in aberdeen, AB10 1RJ with a Companies House number of SC107007. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in October 1987, it's largest shareholder is strategic resources (holdings) limited with a 100% stake. Strategic Resources European Recruitment Consultants Limited is a mature, large sized company, Pomanda has estimated its turnover at £21.6m with healthy growth in recent years.
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Strategic Resources European Recruitment Consultants Limited Health Check
Pomanda's financial health check has awarded Strategic Resources European Recruitment Consultants Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £21.6m, make it larger than the average company (£16.2m)
£21.6m - Strategic Resources European Recruitment Consultants Limited
£16.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (5.9%)
5% - Strategic Resources European Recruitment Consultants Limited
5.9% - Industry AVG
Production
with a gross margin of 4.6%, this company has a higher cost of product (18.5%)
4.6% - Strategic Resources European Recruitment Consultants Limited
18.5% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (2.5%)
0.5% - Strategic Resources European Recruitment Consultants Limited
2.5% - Industry AVG
Employees
with 9 employees, this is below the industry average (56)
9 - Strategic Resources European Recruitment Consultants Limited
56 - Industry AVG
Pay Structure
on an average salary of £63.5k, the company has a higher pay structure (£52.6k)
£63.5k - Strategic Resources European Recruitment Consultants Limited
£52.6k - Industry AVG
Efficiency
resulting in sales per employee of £2.4m, this is more efficient (£244.9k)
£2.4m - Strategic Resources European Recruitment Consultants Limited
£244.9k - Industry AVG
Debtor Days
it gets paid by customers after 56 days, this is later than average (45 days)
56 days - Strategic Resources European Recruitment Consultants Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (4 days)
3 days - Strategic Resources European Recruitment Consultants Limited
4 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Strategic Resources European Recruitment Consultants Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (6 weeks)
4 weeks - Strategic Resources European Recruitment Consultants Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.4%, this is a similar level of debt than the average (71.4%)
69.4% - Strategic Resources European Recruitment Consultants Limited
71.4% - Industry AVG
STRATEGIC RESOURCES EUROPEAN RECRUITMENT CONSULTANTS LIMITED financials
Strategic Resources European Recruitment Consultants Limited's latest turnover from December 2023 is £21.6 million and the company has net assets of £1.5 million. According to their latest financial statements, Strategic Resources European Recruitment Consultants Limited has 9 employees and maintains cash reserves of £305 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 21,566,874 | 22,948,529 | 19,251,030 | 18,669,511 | 23,878,092 | 18,597,590 | 16,392,482 | 19,073,985 | 37,661,123 | 38,261,733 | 37,996,291 | 34,865,494 | 26,310,399 | 21,956,513 | 24,403,587 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 20,584,747 | 21,761,484 | 18,281,341 | 17,784,111 | 22,758,576 | 17,435,484 | 15,483,871 | 18,287,070 | 35,899,527 | 36,279,439 | 36,029,491 | 32,960,475 | 24,787,284 | 20,653,642 | 22,930,343 |
| Gross Profit | 982,127 | 1,187,045 | 969,689 | 885,400 | 1,119,516 | 1,162,106 | 908,611 | 786,915 | 1,761,596 | 1,982,294 | 1,966,800 | 1,905,019 | 1,523,115 | 1,302,871 | 1,473,244 |
| Admin Expenses | 863,731 | 849,067 | 758,187 | 779,666 | 850,422 | 868,384 | 791,583 | 702,148 | 1,085,662 | 1,020,185 | 908,012 | 897,641 | 848,808 | 814,315 | 785,578 |
| Operating Profit | 118,396 | 337,978 | 211,502 | 105,734 | 269,094 | 293,722 | 117,028 | 84,767 | 675,934 | 962,109 | 1,058,788 | 1,007,378 | 674,307 | 488,556 | 687,666 |
| Interest Payable | 30,061 | 31,538 | 22,005 | 33,892 | 56,664 | 43,451 | 50,434 | 63,207 | 19,925 | 1,518 | 3,702 | 2,268 | 664 | 191 | |
| Interest Receivable | 7,456 | 6,033 | 12,994 | 5,573 | 5,734 | 2,533 | 13,462 | ||||||||
| Pre-Tax Profit | 88,335 | 306,440 | 189,497 | 71,842 | 212,430 | 250,271 | 66,594 | 21,560 | 679,650 | 968,142 | 1,070,264 | 1,009,249 | 677,773 | 490,425 | 700,937 |
| Tax | -20,645 | -56,398 | -35,022 | -14,294 | -40,527 | -48,044 | -12,724 | -5,195 | -123,514 | -215,769 | -248,735 | -248,459 | -172,854 | -117,008 | -186,466 |
| Profit After Tax | 67,690 | 250,042 | 154,475 | 57,548 | 171,903 | 202,227 | 53,870 | 16,365 | 556,136 | 752,373 | 821,529 | 760,790 | 504,919 | 373,417 | 514,471 |
| Dividends Paid | 1,776,611 | 1,250,000 | 358,008 | 322,981 | 110,325 | 173,932 | 159,172 | 1,154,482 | 669,361 | ||||||
| Retained Profit | 67,690 | 250,042 | -1,622,136 | 57,548 | 171,903 | -1,047,773 | 53,870 | 16,365 | 198,128 | 429,392 | 711,204 | 586,858 | 345,747 | -781,065 | -154,890 |
| Employee Costs | 571,811 | 582,763 | 532,424 | 566,135 | 595,783 | 616,875 | 544,673 | 435,408 | 769,733 | 783,238 | 724,934 | 6,416,597 | 4,886,556 | 4,515,002 | 5,061,429 |
| Number Of Employees | 9 | 9 | 9 | 9 | 10 | 9 | 8 | 8 | 12 | 12 | 13 | 14 | 86 | 76 | 91 |
| EBITDA* | 125,340 | 342,063 | 215,031 | 111,471 | 274,008 | 298,633 | 126,653 | 92,562 | 686,911 | 977,481 | 1,071,830 | 1,020,067 | 691,032 | 502,383 | 705,536 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 30,457 | 12,567 | 8,148 | 11,344 | 8,649 | 9,540 | 13,117 | 18,240 | 14,208 | 22,840 | 30,943 | 28,265 | 39,046 | 14,010 | 2,083 |
| Intangible Assets | 7,593 | 17,718 | |||||||||||||
| Investments & Other | 8,531 | ||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 30,457 | 12,567 | 8,148 | 11,344 | 8,649 | 9,540 | 13,117 | 18,240 | 14,208 | 31,371 | 30,943 | 28,265 | 39,046 | 21,603 | 19,801 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 3,356,092 | 3,543,736 | 2,799,817 | 2,099,807 | 3,758,483 | 3,196,010 | 2,801,597 | 3,050,962 | 2,440,297 | 6,605,050 | 6,079,570 | 5,841,615 | 4,784,759 | 3,427,219 | 3,329,631 |
| Group Debtors | 1,250,000 | 1,250,000 | 1,250,000 | 3,026,611 | 2,997,081 | 3,027,331 | 3,030,451 | 3,032,911 | 3,026,611 | ||||||
| Misc Debtors | 50,294 | 76,330 | 135,519 | 128,685 | 114,395 | 30,554 | 24,533 | 22,684 | 37,511 | 36,899 | 31,347 | 41,439 | 33,472 | 32,442 | 29,453 |
| Cash | 305,035 | 481,051 | 657,459 | 704,695 | 73,838 | 95,489 | 57,040 | 64,214 | 155,995 | 1,310,495 | 1,543,595 | 847,946 | 902,082 | 918,300 | 1,566,643 |
| misc current assets | |||||||||||||||
| total current assets | 4,961,421 | 5,351,117 | 4,842,795 | 5,959,798 | 6,943,797 | 6,349,384 | 5,913,621 | 6,170,771 | 5,660,414 | 7,952,444 | 7,654,512 | 6,731,000 | 5,720,313 | 4,377,961 | 4,925,727 |
| total assets | 4,991,878 | 5,363,684 | 4,850,943 | 5,971,142 | 6,952,446 | 6,358,924 | 5,926,738 | 6,189,011 | 5,674,622 | 7,983,815 | 7,685,455 | 6,759,265 | 5,759,359 | 4,399,564 | 4,945,528 |
| Bank overdraft | 1,076,381 | 994,304 | 688,477 | 755,179 | 320,106 | 117,519 | 193,369 | 144,038 | |||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 191,508 | 326,934 | 207,122 | 183,251 | 936,246 | 865,551 | 788,211 | 1,155,398 | 1,109,855 | 3,448,522 | 3,029,056 | 2,818,693 | 2,559,601 | 1,777,969 | 1,469,831 |
| Group/Directors Accounts | 1,077,518 | 1,297,812 | 1,297,812 | 1,297,812 | 1,250,000 | 1,250,000 | |||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 2,194,568 | 2,278,344 | 2,135,457 | 1,657,391 | 914,679 | 645,832 | 798,584 | 679,154 | 662,737 | 1,326,541 | 1,377,120 | 1,372,517 | 1,101,042 | 792,786 | 902,581 |
| total current liabilities | 3,463,594 | 3,903,090 | 3,640,391 | 3,138,454 | 4,177,306 | 3,755,687 | 2,275,272 | 2,589,731 | 2,092,698 | 4,775,063 | 4,406,176 | 4,191,210 | 3,778,162 | 2,764,124 | 2,516,450 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 456 | 2,140 | 1,149 | ||||||||||||
| total long term liabilities | 456 | 2,140 | 1,149 | ||||||||||||
| total liabilities | 3,463,594 | 3,903,090 | 3,640,391 | 3,138,454 | 4,177,306 | 3,755,687 | 2,275,728 | 2,591,871 | 2,093,847 | 4,775,063 | 4,406,176 | 4,191,210 | 3,778,162 | 2,764,124 | 2,516,450 |
| net assets | 1,528,284 | 1,460,594 | 1,210,552 | 2,832,688 | 2,775,140 | 2,603,237 | 3,651,010 | 3,597,140 | 3,580,775 | 3,208,752 | 3,279,279 | 2,568,055 | 1,981,197 | 1,635,440 | 2,429,078 |
| total shareholders funds | 1,528,284 | 1,460,594 | 1,210,552 | 2,832,688 | 2,775,140 | 2,603,237 | 3,651,010 | 3,597,140 | 3,580,775 | 3,208,752 | 3,279,279 | 2,568,055 | 1,981,197 | 1,635,440 | 2,429,078 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 118,396 | 337,978 | 211,502 | 105,734 | 269,094 | 293,722 | 117,028 | 84,767 | 675,934 | 962,109 | 1,058,788 | 1,007,378 | 674,307 | 488,556 | 687,666 |
| Depreciation | 6,944 | 4,085 | 3,529 | 5,737 | 4,914 | 4,911 | 9,625 | 7,795 | 10,977 | 15,372 | 13,042 | 12,689 | 9,132 | 3,702 | 8,588 |
| Amortisation | 7,593 | 10,125 | 9,282 | ||||||||||||
| Tax | -20,645 | -56,398 | -35,022 | -14,294 | -40,527 | -48,044 | -12,724 | -5,195 | -123,514 | -215,769 | -248,735 | -248,459 | -172,854 | -117,008 | -186,466 |
| Stock | |||||||||||||||
| Debtors | -213,680 | 684,730 | -1,069,767 | -1,614,856 | 616,064 | 397,314 | -249,976 | 602,138 | -1,137,530 | 531,032 | 227,863 | 1,064,823 | 1,358,570 | 100,577 | 3,359,084 |
| Creditors | -135,426 | 119,812 | 23,871 | -752,995 | 70,695 | 77,340 | -367,187 | 45,543 | -2,338,667 | 419,466 | 210,363 | 259,092 | 781,632 | 308,138 | 1,469,831 |
| Accruals and Deferred Income | -83,776 | 142,887 | 478,066 | 742,712 | 268,847 | -152,752 | 119,430 | 16,417 | -663,804 | -50,579 | 4,603 | 271,475 | 308,256 | -109,795 | 902,581 |
| Deferred Taxes & Provisions | -456 | -1,684 | 991 | 1,149 | |||||||||||
| Cash flow from operations | 99,173 | -136,366 | 1,751,713 | 1,701,750 | -43,041 | -222,593 | 114,464 | -451,820 | -1,300,395 | 599,567 | 810,198 | 237,352 | 249,496 | 483,141 | -467,602 |
| Investing Activities | |||||||||||||||
| capital expenditure | -31 | -15,720 | -1,908 | -30,569 | -15,629 | -28,540 | |||||||||
| Change in Investments | -8,531 | 8,531 | |||||||||||||
| cash flow from investments | -8,562 | -15,720 | -1,908 | -30,569 | -15,629 | -28,540 | |||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -220,294 | 47,812 | 1,250,000 | ||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -30,061 | -31,538 | -22,005 | -33,892 | -56,664 | -43,451 | -50,434 | -63,207 | -12,469 | 6,033 | 11,476 | 1,871 | 3,466 | 1,869 | 13,271 |
| cash flow from financing | -250,355 | -31,538 | -22,005 | 13,920 | -56,664 | 1,206,549 | -50,434 | -63,207 | 161,426 | -493,886 | 11,496 | 1,871 | 3,476 | -10,704 | 2,597,239 |
| cash and cash equivalents | |||||||||||||||
| cash | -176,016 | -176,408 | -47,236 | 630,857 | -21,651 | 38,449 | -7,174 | -91,781 | -1,154,500 | -233,100 | 695,649 | -54,136 | -16,218 | -648,343 | 1,566,643 |
| overdraft | -1,076,381 | 82,077 | 305,827 | -66,702 | 435,073 | 320,106 | -117,519 | -75,850 | 49,331 | 144,038 | |||||
| change in cash | -176,016 | -176,408 | -47,236 | 1,707,238 | -103,728 | -267,378 | 59,528 | -526,854 | -1,474,606 | -233,100 | 695,649 | 63,383 | 59,632 | -697,674 | 1,422,605 |
strategic resources european recruitment consultants limited Credit Report and Business Information
Strategic Resources European Recruitment Consultants Limited Competitor Analysis
Perform a competitor analysis for strategic resources european recruitment consultants limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in AB10 area or any other competitors across 12 key performance metrics.
strategic resources european recruitment consultants limited Ownership
STRATEGIC RESOURCES EUROPEAN RECRUITMENT CONSULTANTS LIMITED group structure
Strategic Resources European Recruitment Consultants Limited has no subsidiary companies.
Ultimate parent company
2 parents
STRATEGIC RESOURCES EUROPEAN RECRUITMENT CONSULTANTS LIMITED
SC107007
strategic resources european recruitment consultants limited directors
Strategic Resources European Recruitment Consultants Limited currently has 2 directors. The longest serving directors include Mr Gary Gray (Oct 2014) and Mr Stephen Scott (Oct 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary Gray | Scotland | 57 years | Oct 2014 | - | Director |
| Mr Stephen Scott | England | 47 years | Oct 2015 | - | Director |
P&L
December 2023turnover
21.6m
-6%
operating profit
118.4k
-65%
gross margin
4.6%
-11.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.5m
+0.05%
total assets
5m
-0.07%
cash
305k
-0.37%
net assets
Total assets minus all liabilities
strategic resources european recruitment consultants limited company details
company number
SC107007
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
October 1987
age
38
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
addrow limited (November 1987)
accountant
-
auditor
BDO LLP
address
migvie house, 23 north silver street, aberdeen, AB10 1RJ
Bank
CLYDESDALE BANK PLC
Legal Advisor
-
strategic resources european recruitment consultants 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 5 charges/mortgages relating to strategic resources european recruitment consultants limited. Currently there are 2 open charges and 3 have been satisfied in the past.
strategic resources european recruitment consultants 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 STRATEGIC RESOURCES EUROPEAN RECRUITMENT CONSULTANTS LIMITED. This can take several minutes, an email will notify you when this has completed.
strategic resources european recruitment consultants limited Companies House Filings - See Documents
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