Qualtech Resourcing Limited
Registered name: QUALTECH RESOURCING LIMITED
Part of Jarell Limited groupQualtech Resourcing Limited made £3.8m revenue and a £214k loss in the year to 28 Feb 2023.
Qualtech Resourcing Limited’s revenue fell 28% to £3.8m in the year to 28 Feb 2023, with a loss of £214k and 157 employees. The company is classified under “temporary employment agency activities” and is based in Birmingham; we hold 3 years of its filed accounts.
- Status
- In Administration
- Location
- Birmingham
- Age
- 22 yrs · since 2004
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 28 Feb 2021 | 28 Feb 2022 | 28 Feb 2023 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £3.2m | £5.2m | £3.8m |
| Cost of sales | £2.8m | £4.6m | £3.3m |
| Gross profit | £424k | £680k | £481k |
| Operating profit | £192k | £362k | −£263k |
| Profit before tax | £192k | £361k | −£264k |
| Profit after tax | £156k | £294k | −£214k |
| Profit (best available) | £156k | £294k | −£214k |
| Employees (average) | — | — | 157 |
| Ratios | |||
| Profit margin | 4.9% | 5.6% | −5.6% |
| Gross margin | 13.2% | 13% | 12.7% |
| Revenue per employee | — | — | £24.2k |
| Profit per employee | — | — | −£1.4k |
| Growth (year on year) | |||
| Revenue growth | — | ▲63.1% | ▼27.6% |
| Profit growth | — | ▲88.6% | ▼172.7% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Nov 2022 | Accounts · bulk data Nov 2022 | Accounts · bulk data Dec 2023 |
How the business works
- Profit margin
- −5.6%
- Profit ÷ revenue.
- Gross margin
- 12.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £24.2k
- Revenue ÷ average employees.
- Profit per employee
- −£1.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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 —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 157
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Jarell Limitedultimate parent75–100%
- Qualtech Resourcing Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (5)
- Rocket Staffing Group LimitedRev. £5.2m · Profit £236k
- Temp Source LimitedRev. £1.3m · Profit £55.8k
- Capital Outsourcing Group (UK) LimitedRev. £0 · Profit £1.2m
- Capital Pharma LimitedFigures not disclosed
- Ocsor Group LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 28 Feb 2023 (profit −£214k), from the Companies House accounts bulk data published Dec 2023. Spotted an error? Request a correction.
Updated from Companies House on 19 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.