How much does Recroot Limited make?

Recroot Limited reported revenue of £9.2m and a loss of £258k in the year to 30 Sep 2023, according to its accounts filed at Companies House.

How many employees does Recroot Limited have?

Recroot Limited reported an average of 431 employees in the year to 30 Sep 2023.

Is Recroot Limited profitable?

No — Recroot Limited reported a loss of £258k in the year to 30 Sep 2023.

Company No. 05230309 · Incorporated 14 Sep 2004

Recroot Limited

Registered name: RECROOT LIMITED

Part of The Recroot Group Limited group

Recroot Limited made £9.2m revenue and a £258k loss in the year to 30 Sep 2023. read from filing text

Recroot Limited’s revenue fell 34% to £9.2m in the year to 30 Sep 2023, with a loss of £258k and 431 employees. The company is classified under “other activities of employment placement agencies” and is based in Bury ST. Edmunds; we hold 2 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 78109Other activities of employment placement agencies SIC 78200Temporary employment agency activities SIC 78300Human resources provision and management of human resources functions

Status: Active
Location: Bury ST. Edmunds, East of England
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 company is held by The Recroot Group Limited. The ultimate controlling party is J Marrs by”

Latest accounts · year to 30 Sep 2023

Key figures

Capital-light

Revenue

£9.2m

Growth ▼33.8%

Profit

−£258k

Growth —

Profit margin

−2.8%

Gross 9.9%

Employees

431

Change ▼41.1%

Profit / employee

−£598

Revenue/employee £21.3k

Profitable streak

0yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Sep 2022	30 Sep 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£13.9m	£9.2m
Cost of sales	£12.6m	£8.3m
Gross profit	£1.3m	£914k
Operating profit	−£35.4k	−£218k
Profit before tax	−£60k	−£260k
Profit after tax	−£55.1k	−£258k
Profit (best available)	−£55.1k	−£258k
Staff costs	£13.3m	£8.9m
Employees (average)	732	431
Ratios
Profit margin	−0.4%	−2.8%
Gross margin	9.4%	9.9%
Revenue per employee	£19k	£21.3k
Profit per employee	−£75	−£598
Growth (year on year)
Revenue growth	—	▼33.8%
Headcount growth	—	▼41.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£30.1k	£57.8k
Net assets	£299k	£29.8k
Fixed assets	£55.1k	£25.9k
Current assets	£1.8m	£1.1m
Debtors	£1.3m	£851k
Deferred income	£383k	£303k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024

Derived from the latest filing

How the business works

Profit margin: −2.8%; Profit ÷ revenue.
Gross margin: 9.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £21.3k; Revenue ÷ average employees.
Profit per employee: −£598; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 9.3%; 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: ▼90%; Now £29.8k
Cash at bank: ▲92%; Now £57.8k
Headcount: ▼41%; Now 431
Deferred income: ▼21%; Now £303k
Fixed assets: ▼53%; Now £25.9k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

The Recroot Group Limitedultimate parent75–100%
Recroot Limitedthis company

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

Sister companies (1)

Neway International LimitedRev. £14.2m · Profit −£28.5k

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2023 (profit −£258k), from the Companies House accounts bulk data published Jun 2024. 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.