First People Recruitment Limited
Registered name: FIRST PEOPLE RECRUITMENT LIMITED
Part of Kingdom Services Group Limited groupFirst People Recruitment Limited made £16.3m revenue and £420k profit in the year to 31 Mar 2025.
First People Recruitment Limited’s revenue was £16.3m in the year to 31 Mar 2025, with £420k profit and 737 employees. The company is classified under “other activities of employment placement agencies” and is based in Newton-Le-Willows; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Newton-Le-Willows, North West
- Age
- 35 yrs · since 1991
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £14.6m | £18.8m | £20.6m | £16.3m |
| Cost of sales | £12.2m | £15.5m | £17.3m | £13.9m |
| Gross profit | £2.4m | £3.2m | £3.3m | £2.4m |
| Operating profit | £354k | £816k | £788k | £599k |
| Profit before tax | £336k | £802k | £781k | £583k |
| Profit after tax | £271k | £635k | £583k | £420k |
| Profit (best available) | £271k | £635k | £583k | £420k |
| Staff costs | £1.4m | £1.7m | £1.7m | £1.4m |
| Employees (average) | 701 | 764 | 714 | 737 |
| Ratios | ||||
| Profit margin | 1.8% | 3.4% | 2.8% | 2.6% |
| Gross margin | 16.5% | 17.3% | 16% | 14.7% |
| Revenue per employee | £20.9k | £24.6k | £28.8k | £22.1k |
| Profit per employee | £386 | £831 | £817 | £570 |
| Cash conversion | −18.4% | −34.2% | −150.5% | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲28.3% | ▲9.7% | — |
| Profit growth | — | ▲134.7% | ▼8.1% | — |
| Headcount growth | — | ▲9% | ▼6.5% | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £300k | £4.1k | £752k | £9.6k |
| Net assets | £982k | £1.3m | £1.5m | £1.9m |
| Fixed assets | £100k | £238k | £172k | £206k |
| Current assets | £2.6m | £3.2m | £3.6m | £5.8m |
| Debtors | £2.3m | £3.1m | £2.8m | £2.9m |
| Cash from operations | −£65.2k | −£279k | −£1.2m | — |
| Source | Accounts · bulk data Feb 2024 | Accounts · bulk data Feb 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 2.6%
- Profit ÷ revenue.
- Gross margin
- 14.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £22.1k
- Revenue ÷ average employees.
- Profit per employee
- £570
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.9%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now £1.9m
- Cash at bank
- —
- Now £9.6k
- Headcount
- —
- Now 737
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £206k
Group structure
Ownership chain
- Kingdom Services Group Limitedultimate parent75–100%
- FPR Group Limited75–100%
- First People Recruitment Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £420k), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.