How much does JCW Search Limited make?

JCW Search Limited reported revenue of £4.2m and a loss of £398k in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does JCW Search Limited have?

JCW Search Limited reported an average of 78 employees in the year to 31 Dec 2023.

Is JCW Search Limited profitable?

No — JCW Search Limited reported a loss of £398k in the year to 31 Dec 2023.

Company No. 06072193 · Incorporated 29 Jan 2007

JCW Search Limited

Registered name: JCW SEARCH LIMITED

Part of JCW Capital Partners Limited group

JCW Search Limited made £4.2m revenue and a £398k loss in the year to 31 Dec 2023.

JCW Search Limited’s revenue fell 42% to £4.2m in the year to 31 Dec 2023, with a loss of £398k and 78 employees. The company is classified under “other activities of employment placement agencies” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 78109Other activities of employment placement agencies

Status: Active
Location: London, London
Age: 19 yrs · since 2007
Type: Private Limited Company

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.

Latest accounts · year to 31 Dec 2023

Key figures

Capital-lightCash flow filed

Revenue

£4.2m

Growth ▼41.8%

Profit

−£398k

Growth —

Profit margin

−9.6%

Gross 55.4%

Employees

Change ▼6%

Profit / employee

−£5.1k

Revenue/employee £53.2k

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	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£7.1m	£4.2m
Cost of sales	£3.8m	£1.9m
Gross profit	£3.3m	£2.3m
Operating profit	−£3.6m	−£419k
Profit before tax	−£3.6m	−£438k
Profit after tax	−£3.7m	−£398k
Profit (best available)	−£3.7m	−£398k
Staff costs	£2.9m	£2.6m
Employees (average)	83	78
Ratios
Profit margin	−52.2%	−9.6%
Gross margin	46.9%	55.4%
Revenue per employee	£85.9k	£53.2k
Profit per employee	−£44.8k	−£5.1k
Growth (year on year)
Revenue growth	—	▼41.8%
Headcount growth	—	▼6%
Balance sheet — indirect signals, not revenue
Cash at bank	£588k	£108k
Net assets	−£1.6m	−£2m
Fixed assets	£219k	£168k
Current assets	£4.9m	£3.1m
Debtors	£793k	£362k
Deferred income	£1.4m	£916k
Cash from operations	−£91.1k	−£334k
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024

Derived from the latest filing

How the business works

Profit margin: −9.6%; Profit ÷ revenue.
Gross margin: 55.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £53.2k; Revenue ÷ average employees.
Profit per employee: −£5.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 22.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.7%; 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: —; Now −£2m
Cash at bank: ▼82%; Now £108k
Headcount: ▼6%; Now 78
Deferred income: ▼36%; Now £916k
Fixed assets: ▼23%; Now £168k

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

JCW Capital Partners Limitedultimate parent75–100%
JCW Search Group Limited75–100%
JCW Search 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).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£398k), from the Companies House accounts bulk data published Oct 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.