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Company No. 05129360 · Incorporated 17 May 2004

Red Snapper Recruitment Limited

Registered name: RED SNAPPER RECRUITMENT LIMITED

Part of Red Snapper Group Limited group

Red Snapper Recruitment Limited made £23.5m revenue and £107k profit in the year to 31 May 2025. read from filing text

Red Snapper Recruitment Limited’s revenue fell 17% to £23.5m in the year to 31 May 2025, with £107k profit and 37 employees. The company is classified under “temporary employment agency activities” and is based in Poole; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 78200Temporary employment agency activities
Status
Active
Location
Poole, South West
Age
22 yrs · since 2004
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. From the filing: “The ultimate parent company is Red Snapper Group Limited, a company registered in England and”

Latest accounts · year to 31 May 2025

Key figures

Capital-light
Revenue
£23.5m
Growth ▼17.4%
Profit
£107k
Growth ▼32.1%
Profit margin
0.4%
Gross 8.6%
Employees
37
Change ▼17.8%
Profit / employee
£2.9k
Revenue/employee £636k
Profitable streak
4yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 May 202231 May 202331 May 202431 May 2025
DisclosureFull P&LFull P&LFull P&LFull P&Lread from filing text
Profit & loss
Revenue (turnover)£30.1m£34.3m£28.5m£23.5m
Cost of sales£26.9m£31.1m£26m£21.5m
Gross profit£3.2m£3.2m£2.5m£2m
Operating profit£647k£425k£452k£299k
Profit before tax£641k£293k£210k£128k
Profit after tax£522k£245k£157k£107k
Profit (best available)£522k£245k£157k£107k
Staff costs£1.9m£2m£1.9m£1.7m
Employees (average)47454537
Ratios
Profit margin1.7%0.7%0.5%0.4%
Gross margin10.5%9.4%8.8%8.6%
Revenue per employee£640k£762k£633k£636k
Profit per employee£11.1k£5.4k£3.5k£2.9k
Growth (year on year)
Revenue growth—▲14.1%▼16.9%▼17.4%
Profit growth—▼53.1%▼35.8%▼32.1%
Headcount growth—▼4.3%0%▼17.8%
Balance sheet — indirect signals, not revenue
Cash at bank£422k£49.8k£36.2k£327k
Net assets£1.8m£1.6m£1.3m£1m
Fixed assets£457k£441k£426k£418k
Current assets£6.8m£6.8m£6.1m£5.2m
Debtors£33.2k£0£2.5m£2.7m
Deferred income£786k£804k£611k£462k
SourceAccounts · bulk data Feb 2024Accounts · bulk data Feb 2024Accounts · bulk data Feb 2025FullAccounts · bulk data Feb 2026
Derived from the latest filing

How the business works

Profit margin
0.4%
Profit ÷ revenue.
Gross margin
8.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£636k
Revenue ÷ average employees.
Profit per employee
£2.9k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
1.8%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
11.3%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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
▼24%
Now £1m
Cash at bank
▲801%
Now £327k
Headcount
▼18%
Now 37
Deferred income
▼24%
Now £462k
Fixed assets
▼2%
Now £418k
Corporate ownership

Group structure

Ownership chain

  1. Red Snapper Group Limitedultimate parent75–100%
  2. Red Snapper Recruitment Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Sister companies (3)

From the Persons with Significant Control register (corporate controllers only).

Sources

Latest figures from FullAccounts for the year to 31 May 2025 (profit £107k), from the Companies House accounts bulk data published Feb 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.