68% Micro
25% Small
5% Mid
2% Large
0% Mega
INSIGHTS - APRIL 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
39,370
Annual Sales
£95bn +
Employees
807,243
Economic Contribution
£40bn
Tags
Location of Recruitment Companies
Recruitment Companies by Size
Largest Recruitment Companies
Turnover
Paystream My Max Limited
£2.4bn
Impellam Group Limited
£1.9bn
Kpmg Uk Limited
£1.5bn
Recruitment Companies by Age
34% Young
31% Startup
25% Established
10% Mature
1% New
Oldest Recruitment Companies
Established
Fastest Growing Recruitment Companies
42% Declining
23% Rapid
14% Healthy
13% High
8% Low
Fastest Growing Recruitment Companies
3yr CAGR
Recruitment Industry Competitive Environment - New Entrants vs Leavers
Recruitment Industry Valuation
EBITDA Multiple
Recruitment Industry Valuation
Turnover Multiple
Recruitment Industry Valuation
Net Asset Multiple
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 39,370 active Businesses in the UK with combined annual sales of £95 billion .
The Industry employs around 807,243 people and contributes £40 billion to the economy.
The most popular location for Recruitment companies is London with 12,417 and the fewest are located in Northern Ireland with 317.
The largest Recruitment company is Paystream My Max Limited with a turnover of £2.4bn. 68% 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 (34%) the oldest company is The Papworth Trust founded in 1917.
Recruitment industry has a number of high growth companies (13%), the fastest growing company is Paystream My Max 3 Limited with a 3 year growth rate of 169%. Other fast growing companies include Red Group Personnel Limited (136%), Nutrix Personnel Limited (122%) 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 9.99x, Turnover multiple of 0.76x and a Net Asset multiple of 2.15x.
