brightwork specialist recruitment limited
brightwork specialist recruitment limited Company Information
Company Number
SC338872
Website
www.brightwork.co.ukRegistered Address
1st floor 193/199 bath street, glasgow, G2 4HU
Industry
Temporary employment agency activities
Telephone
01312758000
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
brightwork limited 64%
mahindhan nadanasabapathy 12%
View Allbrightwork specialist recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of BRIGHTWORK SPECIALIST RECRUITMENT LIMITED at £22.8k based on a Turnover of £185.2k and 0.12x industry multiple (adjusted for size and gross margin).
brightwork specialist recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of BRIGHTWORK SPECIALIST RECRUITMENT LIMITED at £0 based on an EBITDA of £-10.9k and a 2.12x industry multiple (adjusted for size and gross margin).
brightwork specialist recruitment limited Estimated Valuation
Pomanda estimates the enterprise value of BRIGHTWORK SPECIALIST RECRUITMENT LIMITED at £0 based on Net Assets of £-9.3k and 1.61x industry multiple (adjusted for liquidity).
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Brightwork Specialist Recruitment Limited Overview
Brightwork Specialist Recruitment Limited is a dissolved company that was located in glasgow, G2 4HU with a Companies House number of SC338872. It operated in the temporary employment agency activities sector, SIC Code 78200. Founded in March 2008, it's largest shareholder was brightwork limited with a 63.9% stake. The last turnover for Brightwork Specialist Recruitment Limited was estimated at £185.2k.
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Brightwork Specialist Recruitment Limited Health Check
Pomanda's financial health check has awarded Brightwork Specialist Recruitment Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
5 Weak
Size
annual sales of £185.2k, make it smaller than the average company (£11.8m)
- Brightwork Specialist Recruitment Limited
£11.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (-2.8%)
- Brightwork Specialist Recruitment Limited
-2.8% - Industry AVG
Production
with a gross margin of 9.7%, this company has a higher cost of product (16%)
- Brightwork Specialist Recruitment Limited
16% - Industry AVG
Profitability
an operating margin of -5.9% make it less profitable than the average company (2.3%)
- Brightwork Specialist Recruitment Limited
2.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (47)
- Brightwork Specialist Recruitment Limited
47 - Industry AVG
Pay Structure
on an average salary of £46.4k, the company has an equivalent pay structure (£46.4k)
- Brightwork Specialist Recruitment Limited
£46.4k - Industry AVG
Efficiency
resulting in sales per employee of £185.2k, this is less efficient (£263.5k)
- Brightwork Specialist Recruitment Limited
£263.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Brightwork Specialist Recruitment Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is slower than average (4 days)
- Brightwork Specialist Recruitment Limited
4 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Brightwork Specialist Recruitment Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Brightwork Specialist Recruitment Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Brightwork Specialist Recruitment Limited
- - Industry AVG
BRIGHTWORK SPECIALIST RECRUITMENT LIMITED financials
Brightwork Specialist Recruitment Limited's latest turnover from December 2021 is estimated at £185.2 thousand and the company has net assets of -£9.3 thousand. According to their latest financial statements, we estimate that Brightwork Specialist Recruitment Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,546,486 | 1,903,374 | 1,301,128 | 1,329,738 | 932,360 | 620,614 | 510,223 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 1,033,257 | 1,258,051 | 774,233 | 784,744 | 479,079 | 224,757 | 287,829 | ||||||
| Gross Profit | 513,229 | 645,323 | 526,895 | 544,994 | 453,281 | 395,857 | 222,394 | ||||||
| Admin Expenses | 419,415 | 514,386 | 322,115 | 266,424 | 218,101 | ||||||||
| Operating Profit | 107,480 | 30,608 | 131,166 | 129,433 | 4,293 | ||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 761 | 14 | 820 | ||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Pre-Tax Profit | 70,102 | 129,496 | 107,480 | 30,608 | 130,405 | 129,419 | 3,473 | ||||||
| Tax | -14,212 | -27,304 | -22,176 | -6,122 | -26,432 | -27,252 | -608 | ||||||
| Profit After Tax | 55,890 | 102,192 | 85,304 | 24,486 | 103,973 | 102,167 | 2,865 | ||||||
| Dividends Paid | 95,777 | 185,377 | 3,426 | 20,397 | 0 | 96,989 | 60,000 | ||||||
| Retained Profit | -39,887 | -83,185 | 81,878 | 4,089 | 103,973 | 5,178 | -57,135 | ||||||
| Employee Costs | 143,612 | ||||||||||||
| Number Of Employees | 4 | 10 | 10 | ||||||||||
| EBITDA* | 107,480 | 30,608 | 131,312 | 129,784 | 4,644 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 146 | 497 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 146 | 497 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 10,860 | 10,860 | 10,860 | 1,286 | 11,156 | 240,063 | 446,547 | 362,040 | 204,915 | 269,671 | 167,708 | 50,123 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 6,927 | 10,057 | 6,422 | 2,392 | 10,227 | 12,434 | 39,457 | 5,483 | 5,143 |
| Cash | 0 | 0 | 0 | 0 | 2,647 | 32,682 | 24,841 | 612,858 | 368,960 | 166,362 | 70,163 | 151,870 | 76,904 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 0 | 10,860 | 10,860 | 10,860 | 10,860 | 53,895 | 271,326 | 1,061,797 | 741,227 | 383,711 | 379,291 | 325,061 | 132,170 |
| total assets | 0 | 10,860 | 10,860 | 10,860 | 10,860 | 53,895 | 271,326 | 1,061,797 | 741,227 | 383,711 | 379,291 | 325,207 | 132,667 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,034 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 9,323 | 9,323 | 9,323 | 9,323 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 9,323 | 52,358 | 39,468 | 825,925 | 454,169 | 204,717 | 174,231 | 250,174 | 108,645 |
| other short term finances | 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 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 154,193 | 118,320 | 86,321 | 60,135 | 90,290 | 64,236 | 14,369 |
| total current liabilities | 9,323 | 9,323 | 9,323 | 9,323 | 9,323 | 52,358 | 193,661 | 944,245 | 540,490 | 264,852 | 264,521 | 314,410 | 127,048 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 9,323 | 9,323 | 9,323 | 9,323 | 9,323 | 52,358 | 193,661 | 944,245 | 540,490 | 264,852 | 264,521 | 314,410 | 127,048 |
| net assets | -9,323 | 1,537 | 1,537 | 1,537 | 1,537 | 1,537 | 77,665 | 117,552 | 200,737 | 118,859 | 114,770 | 10,797 | 5,619 |
| total shareholders funds | -9,323 | 1,537 | 1,537 | 1,537 | 1,537 | 1,537 | 77,665 | 117,552 | 200,737 | 118,859 | 114,770 | 10,797 | 5,619 |
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 107,480 | 30,608 | 131,166 | 129,433 | 4,293 | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 146 | 351 | 351 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -14,212 | -27,304 | -22,176 | -6,122 | -26,432 | -27,252 | -608 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -10,860 | 0 | 0 | 2,647 | -13,000 | -225,272 | -202,454 | 76,672 | 154,918 | -91,779 | 135,937 | 117,925 | 55,266 |
| Creditors | 0 | 0 | 0 | 9,323 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | -154,193 | 35,873 | 31,999 | 26,186 | -30,155 | 26,054 | 49,867 | 14,369 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -43,428 | 86,110 | -5,003 | 34,474 | -36,861 | ||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | -9,323 | -43,035 | 12,890 | -786,457 | 371,756 | 249,452 | 30,486 | -75,943 | 141,529 | 108,645 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | 0 | 0 | 0 | 0 | -761 | -14 | -820 | ||||||
| cash flow from financing | -786,457 | 371,756 | 249,452 | 30,486 | -76,704 | 141,515 | 170,579 | ||||||
| cash and cash equivalents | |||||||||||||
| cash | 0 | 0 | 0 | -2,647 | -30,035 | 7,841 | -588,017 | 243,898 | 202,598 | 96,199 | -81,707 | 74,966 | 76,904 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,034 | 4,034 |
| change in cash | 0 | 0 | 0 | -2,647 | -30,035 | 7,841 | -588,017 | 243,898 | 202,598 | 96,199 | -81,707 | 79,000 | 72,870 |
brightwork specialist recruitment limited Credit Report and Business Information
Brightwork Specialist Recruitment Limited Competitor Analysis
Perform a competitor analysis for brightwork specialist recruitment limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in G 2 area or any other competitors across 12 key performance metrics.
brightwork specialist recruitment limited Ownership
BRIGHTWORK SPECIALIST RECRUITMENT LIMITED group structure
Brightwork Specialist Recruitment Limited has no subsidiary companies.
Ultimate parent company
2 parents
BRIGHTWORK SPECIALIST RECRUITMENT LIMITED
SC338872
brightwork specialist recruitment limited directors
Brightwork Specialist Recruitment Limited currently has 2 directors. The longest serving directors include Mr Daniel Quint (Apr 2021) and Mr Stuart Greenfield (May 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Quint | 50 years | Apr 2021 | - | Director | |
| Mr Stuart Greenfield | 62 years | May 2021 | - | Director |
P&L
December 2021turnover
185.2k
+103%
operating profit
-10.9k
0%
gross margin
9.7%
-1.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2021net assets
-9.3k
-7.07%
total assets
0
-1%
cash
0
0%
net assets
Total assets minus all liabilities
brightwork specialist recruitment limited company details
company number
SC338872
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
March 2008
age
16
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
hms (731) limited (June 2008)
last accounts submitted
December 2021
address
1st floor 193/199 bath street, glasgow, G2 4HU
accountant
-
auditor
-
brightwork specialist 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 brightwork specialist recruitment limited.
brightwork specialist recruitment limited Companies House Filings - See Documents
| date | description | view/download |
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