INSIGHTS - DECEMBER 2024

UK Recruitment Industry

UK Recruitment Industry Information

The recruitment industry involves listing employment opportunities and referring or placing applicants for temporary or permanent employment and the provision of human resources functions.

Active Businesses

41,248

Annual Sales

£98bn +

Employees

915,215

Economic Contribution 

£44bn

Tags

Location of Recruitment Companies

Recruitment Companies by Size

69% Micro

24% Small

5% Mid

2% Large

0% Mega

Recruitment Companies by Age

36% Young

28% Startup

26% Established

10% Mature

0% New

Fastest Growing Recruitment Companies

39% Declining

24% Rapid

15% Healthy

14% High

9% Low

Recruitment Industry Competitive Environment - New Entrants vs Leavers

Recruitment Industry Valuation

EBITDA Multiple

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Recruitment Industry Valuation

Turnover Multiple

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Recruitment Industry Valuation

Net Asset Multiple

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Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Employment activities Industry Insights

There are 41,248 active Businesses in the UK with combined annual sales of  £98 billion .

The Industry employs around 915,214 people and contributes £44 billion to the economy.

The most popular location for Recruitment companies is London with 13,123 and the fewest are located in Northern Ireland with 341.

The largest Recruitment company is Paystream My Max Limited with a turnover of £2.5bn. 69% of the industry is comprised of Micro companies with only 5% Mid companies.

10% of the Recruitment Industry is made up of 10% Mature but the majority are Young businesses (36%) the oldest company is The Papworth Trust founded in 1917.

Recruitment industry has a number of high growth companies (14%), the fastest growing company is The Uk Recruitment Co. Ltd with a 3 year growth rate of 204%. Other fast growing companies include Paystream My Max 3 Limited (169%), Navolio Limited (121%) and Multiverse Group Limited (111%).

The UK Recruitment Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 8.08x, Turnover multiple of 0.65x and a Net Asset multiple of 1.98x.