Pomanda estimates the enterprise value of FIRST PEOPLE SOLUTIONS LIMITED at £4.8m based on a Turnover of £20.3m and 0.24x industry multiple (adjusted for size and gross margin).
first people solutions limitedEstimated Valuation
£2.2m
Pomanda estimates the enterprise value of FIRST PEOPLE SOLUTIONS LIMITED at £2.2m based on an EBITDA of £529.5k and a 4.22x industry multiple (adjusted for size and gross margin).
first people solutions limitedEstimated Valuation
£3.5m
Pomanda estimates the enterprise value of FIRST PEOPLE SOLUTIONS LIMITED at £3.5m based on Net Assets of £2.7m and 1.29x industry multiple (adjusted for liquidity).
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First People Solutions LimitedOverview
First People Solutions Limited is a live company located in glasgow, G1 2DT with a Companies House number of SC373254. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in February 2010, it's largest shareholder is
mybpos ltd
with a 70% stake. First People Solutions Limited is a established,
large sized company, Pomanda has estimated its turnover at
£20.3m with
high
growth in recent years.
Pomanda's financial health check has awarded First People Solutions Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
4 Regular
3 Weak
Size
annual sales of £20.3m, make it larger than the average company (£11.2m)
£20.3m - First People Solutions Limited
£11.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (9.1%)
24% - First People Solutions Limited
9.1% - Industry AVG
Production
with a gross margin of 20.9%, this company has a comparable cost of product (20.9%)
20.9% - First People Solutions Limited
20.9% - Industry AVG
Profitability
an operating margin of 2.6% make it as profitable than the average company (2.6%)
2.6% - First People Solutions Limited
2.6% - Industry AVG
Employees
with 27 employees, this is below the industry average (48)
27 - First People Solutions Limited
48 - Industry AVG
Pay Structure
on an average salary of £50.7k, the company has an equivalent pay structure (£50.7k)
£50.7k - First People Solutions Limited
£50.7k - Industry AVG
Efficiency
resulting in sales per employee of £750.4k, this is more efficient (£181.4k)
£750.4k - First People Solutions Limited
£181.4k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is later than average (41 days)
62 days - First People Solutions Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is close to average (6 days)
7 days - First People Solutions Limited
6 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - First People Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - First People Solutions Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.5%, this is a lower level of debt than the average (68.8%)
35.5% - First People Solutions Limited
68.8% - Industry AVG
FIRST PEOPLE SOLUTIONS LIMITED financials
EXPORT
First People Solutions Limited's latest turnover from May 2024 is estimated at £20.3 million and the company has net assets of £2.7 million. According to their latest financial statements, First People Solutions Limited has 27 employees and maintains cash reserves of £9.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
Turnover
20,261,322
23,763,415
13,315,163
10,602,306
30,010,614
33,257,632
29,234,212
26,212,843
26,041,651
25,146,666
25,054,364
23,548,557
18,537,058
17,656,856
Other Income Or Grants
Cost Of Sales
16,020,260
18,602,425
10,460,415
8,578,250
27,191,533
29,973,194
26,360,833
23,393,177
23,176,867
22,434,155
22,770,394
21,315,502
16,854,530
15,810,926
Gross Profit
4,241,063
5,160,989
2,854,749
2,024,056
2,819,081
3,284,438
2,873,379
2,819,666
2,864,784
2,712,511
2,283,970
2,233,055
1,682,528
1,845,930
Admin Expenses
3,724,649
4,639,124
3,425,316
1,997,012
2,138,389
2,443,623
2,168,639
2,172,695
2,202,591
2,107,374
1,793,011
1,512,813
1,322,408
1,716,151
Operating Profit
516,414
521,865
-570,567
27,044
680,692
840,815
704,740
646,971
662,193
605,137
490,959
720,242
360,120
129,779
Interest Payable
94,383
84,972
21,463
2,893
58,567
69,323
64,215
45,243
53,918
58,469
80,455
95,578
114,069
66,710
Interest Receivable
344
26,989
6,340
535
168
33
182
23
3
2
3
Pre-Tax Profit
422,375
463,883
-585,690
24,685
622,293
771,492
640,525
601,761
608,457
546,691
410,504
624,667
246,053
63,072
Tax
-105,594
-115,971
-4,690
-122,970
-154,676
-125,711
-125,752
-123,357
-115,336
-97,018
-150,213
-63,184
-18,978
Profit After Tax
316,781
347,912
-585,690
19,995
499,323
616,816
514,814
476,009
485,100
431,355
313,486
474,454
182,869
44,094
Dividends Paid
190,000
370,000
200,000
200,000
106,400
26,000
12,000
Retained Profit
316,781
347,912
-585,690
19,995
309,323
246,816
514,814
276,009
285,100
324,955
313,486
448,454
170,869
44,094
Employee Costs
1,368,711
1,145,147
1,031,586
1,174,283
1,489,112
1,650,171
1,504,400
1,519,641
1,536,096
1,481,266
1,226,918
985,013
830,098
3,365,017
Number Of Employees
27
23
22
28
35
39
36
35
36
34
31
27
19
95
EBITDA*
529,545
535,125
-559,030
39,668
695,989
861,403
728,069
754,718
684,720
623,173
501,989
726,764
363,856
132,137
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
Tangible Assets
21,500
26,773
31,252
26,047
35,674
28,595
38,216
45,331
59,361
37,922
50,157
35,719
24,198
13,433
Intangible Assets
3,240
4,514
4,065
3,585
6,955
12,500
20,270
24,226
26,798
32,258
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
24,740
31,287
35,317
29,632
42,629
41,095
58,486
69,557
86,159
70,180
50,157
35,719
24,198
13,433
Stock & work in progress
Trade Debtors
3,444,166
4,700,298
2,718,189
2,041,814
866,237
3,756,469
3,535,272
4,126,383
2,946,000
2,516,703
2,762,105
3,524,298
3,328,017
2,484,304
Group Debtors
614,598
6,667
7,093
1,194,558
986,806
1,048,822
1,268,948
569,460
869,533
726,594
2,539
Misc Debtors
86,480
163,293
31,883
92,861
126,285
83,316
187,384
404,238
58,564
341,130
242,245
421,025
20,183
11,117
Cash
9,110
4,005
1,195,501
72,579
997,199
2,661
2,325
17,692
1,941
230
35,907
misc current assets
total current assets
4,154,354
4,874,263
3,952,666
3,401,812
2,976,527
4,888,607
4,991,604
5,102,742
3,876,422
3,602,119
3,006,291
3,945,553
3,384,107
2,497,960
total assets
4,179,094
4,905,550
3,987,983
3,431,444
3,019,156
4,929,702
5,050,090
5,172,299
3,962,581
3,672,299
3,056,448
3,981,272
3,408,305
2,511,393
Bank overdraft
577,789
1,100,135
518,373
94,860
2,206,894
1,983,590
2,592,239
2,160,095
1,773,137
Bank loan
2,313,878
1,733,980
Trade Creditors
316,888
373,597
222,843
83,453
13,685
156,196
277,830
204,146
168,802
80,815
69,489
29,493
79,371
86,905
Group/Directors Accounts
513
4,000
581,399
472
9,102
240,709
20,696
44,905
other short term finances
1,561,102
2,146,067
hp & lease commitments
other current liabilities
581,605
1,041,538
625,498
628,032
402,825
275,454
742,009
783,905
632,771
133,015
259,503
450,709
930,033
560,986
total current liabilities
1,476,795
2,519,270
1,948,113
806,817
416,510
2,638,544
3,003,429
3,301,929
2,362,675
2,359,897
2,072,074
3,313,150
3,190,195
2,465,933
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
5,281
6,043
7,545
6,612
4,626
2,461
4,780
7,303
12,848
10,444
7,371
4,605
3,047
1,266
total long term liabilities
5,281
6,043
7,545
6,612
4,626
2,461
4,780
7,303
12,848
10,444
7,371
4,605
3,047
1,266
total liabilities
1,482,076
2,525,313
1,955,658
813,429
421,136
2,641,005
3,008,209
3,309,232
2,375,523
2,370,341
2,079,445
3,317,755
3,193,242
2,467,199
net assets
2,697,018
2,380,237
2,032,325
2,618,015
2,598,020
2,288,697
2,041,881
1,863,067
1,587,058
1,301,958
977,003
663,517
215,063
44,194
total shareholders funds
2,697,018
2,380,237
2,032,325
2,618,015
2,598,020
2,288,697
2,041,881
1,863,067
1,587,058
1,301,958
977,003
663,517
215,063
44,194
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
Operating Activities
Operating Profit
516,414
521,865
-570,567
27,044
680,692
840,815
704,740
646,971
662,193
605,137
490,959
720,242
360,120
129,779
Depreciation
11,857
11,049
8,428
9,254
9,752
10,748
13,578
14,630
13,348
10,425
11,030
6,522
3,736
2,358
Amortisation
1,274
2,211
3,109
3,370
5,545
9,840
9,751
93,117
9,179
7,611
Tax
-105,594
-115,971
-4,690
-122,970
-154,676
-125,711
-125,752
-123,357
-115,336
-97,018
-150,213
-63,184
-18,978
Stock
Debtors
-725,014
2,113,093
-572,068
1,349,905
-2,909,279
-102,997
-108,477
1,225,984
289,670
580,077
-940,973
597,123
850,240
2,497,960
Creditors
-56,709
150,754
139,390
69,768
-142,511
-121,634
73,684
35,344
87,987
11,326
39,996
-49,878
-7,534
86,905
Accruals and Deferred Income
-459,933
416,040
-2,534
225,207
127,371
-466,555
-41,896
151,134
499,756
-126,488
-191,206
-479,324
369,047
560,986
Deferred Taxes & Provisions
-762
-1,502
933
1,986
2,165
-2,319
-2,523
-5,545
2,404
3,073
2,766
1,558
1,781
1,266
Cash flow from operations
631,561
-1,128,647
150,827
-1,017,966
3,469,323
219,216
740,100
-416,085
861,840
-184,329
1,197,500
-548,216
-186,274
-1,735,644
Investing Activities
capital expenditure
-6,584
-9,230
-17,222
373
-16,831
-3,197
-12,258
-91,145
-38,506
-38,059
-25,468
-18,043
-14,501
-15,791
Change in Investments
cash flow from investments
-6,584
-9,230
-17,222
373
-16,831
-3,197
-12,258
-91,145
-38,506
-38,059
-25,468
-18,043
-14,501
-15,791
Financing Activities
Bank loans
-2,313,878
2,313,878
-1,733,980
1,733,980
Group/Directors Accounts
-3,487
-577,399
580,927
472
-9,102
-231,607
220,013
-24,209
44,905
Other Short Term Loans
-1,561,102
-584,965
2,146,067
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-336,000
100
interest
-94,039
-57,983
-15,123
-2,358
-58,399
-69,323
-64,215
-45,210
-53,736
-58,446
-80,455
-95,575
-114,067
-66,707
cash flow from financing
-97,526
-635,382
565,804
-1,886
-58,399
-69,323
-2,714,093
707,566
-638,701
344,539
1,421,918
124,438
-138,276
-21,702
cash and cash equivalents
cash
5,105
-1,191,496
1,122,922
-924,620
997,199
-2,661
336
-15,367
15,751
1,711
-35,677
35,907
overdraft
-522,346
581,762
423,513
94,860
-2,206,894
223,304
1,983,590
-2,592,239
432,144
386,958
1,773,137
change in cash
527,451
-1,773,258
699,409
-1,019,480
3,204,093
-223,304
-1,986,251
336
-15,367
15,751
2,593,950
-467,821
-351,051
-1,773,137
first people solutions limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for first people solutions limited. Get real-time insights into first people solutions limited's credit score, group structure and payment trends.
First People Solutions Limited Competitor Analysis
Perform a competitor analysis for first people solutions limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in G 1 area or any other competitors across 12 key performance metrics.
first people solutions limited Ownership
FIRST PEOPLE SOLUTIONS LIMITED group structure
First People Solutions Limited has no subsidiary companies.
The largest shareholders in First People Solutions Limited include Mybpos Ltd and Robert Scott Morrison.
mybpos ltd
70%
robert scott morrison
15%
john scott
15%
first people solutions limited directors
First People Solutions Limited currently has 4 directors.
The longest serving directors include
Mr John Scott (Apr 2010) and
Mr Robert Morrison (Oct 2011).
29 st. vincent place, 3rd floor, queens house, glasgow, G1 2DT
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
first people solutions 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 first people solutions limited. Currently there are 2 open charges and 3 have been satisfied in the past.
first people solutions 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 FIRST PEOPLE SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
first people solutions limitedCompanies House Filings - See Documents
