Primary Care Recruitment Ltd
Registered name: PRIMARY CARE RECRUITMENT LTD
Primary Care Recruitment Ltd made £8m revenue and £409k profit in the year to 30 Apr 2025. read from filing text
Primary Care Recruitment Ltd’s revenue was £8m in the year to 30 Apr 2025, with £409k profit and 525 employees. The company is classified under “temporary employment agency activities” and is based in Newcastle Upon Tyne; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Newcastle Upon Tyne, North East
- Age
- 19 yrs · since 2007
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2022 | 28 Feb 2023 | 29 Feb 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £13.1m | £18.9m | £10.6m | £8m |
| Cost of sales | £9.6m | £15.3m | £8.2m | £6m |
| Gross profit | £3.5m | £3.6m | £2.5m | £2m |
| Operating profit | £2.7m | £2.4m | £1.3m | £669k |
| Profit before tax | £2.7m | £2.5m | £1.2m | £608k |
| Profit after tax | £2.2m | £2m | £936k | £409k |
| Profit (best available) | £2.2m | £2m | £936k | £409k |
| Staff costs | £9.8m | £15.7m | £8.8m | £6.7m |
| Employees (average) | 557 | 920 | 809 | 525 |
| Ratios | ||||
| Profit margin | 16.8% | 10.5% | 8.8% | 5.1% |
| Gross margin | 26.7% | 19% | 23.4% | 25.1% |
| Revenue per employee | £23.5k | £20.6k | £13.1k | £15.2k |
| Profit per employee | £3.9k | £2.2k | £1.2k | £779 |
| Cash conversion | 88% | 36.2% | −8% | −510.1% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲44.6% | ▼43.8% | — |
| Profit growth | — | ▼9.7% | ▼52.8% | — |
| Headcount growth | — | ▲65.2% | ▼12.1% | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £927k | £338k | £266k | £328k |
| Net assets | £1.2m | £2m | £2.2m | £2.5m |
| Fixed assets | £20.3k | £21.5k | £16k | £8.9k |
| Current assets | £2.9m | £3.9m | £3.9m | £4.1m |
| Debtors | £512k | £722k | £424k | £303k |
| Deferred income | £690k | £994k | £344k | £282k |
| Cash from operations | £2.4m | £886k | −£104k | −£3.4m |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | Accounts · bulk data Nov 2024 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 5.1%
- Profit ÷ revenue.
- Gross margin
- 25.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £15.2k
- Revenue ÷ average employees.
- Profit per employee
- £779
- Profit ÷ average employees.
- Cash conversion
- −510.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3.8%
- 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 £2.5m
- Cash at bank
- —
- Now £328k
- Headcount
- —
- Now 525
- Deferred income
- —
- Now £282k
- Fixed assets
- —
- Now £8.9k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £409k), from the Companies House accounts bulk data published Jan 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.