New Recruits Professional Services Limited
Registered name: NEW RECRUITS PROFESSIONAL SERVICES LIMITED
New Recruits Professional Services Limited made £9.9m revenue and £132k profit in the year to 31 Oct 2025.
New Recruits Professional Services Limited’s revenue fell 8% to £9.9m in the year to 31 Oct 2025, with £132k profit and 371 employees. The company is classified under “temporary employment agency activities” and is based in Banbury; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Banbury, South East
- Age
- 17 yrs · since 2009
- 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 | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £12.7m | £10.7m | £9.9m |
| Cost of sales | — | £11.2m | £9.1m | £8.7m |
| Gross profit | — | £1.5m | £1.7m | £1.2m |
| Operating profit | — | −£156k | £547k | £207k |
| Profit before tax | — | −£179k | £510k | £184k |
| Profit after tax | — | −£239k | £372k | £132k |
| Profit (best available) | — | −£239k | £372k | £132k |
| Staff costs | — | £11.9m | £9.7m | £9.3m |
| Employees (average) | 372 | 489 | 427 | 371 |
| Ratios | ||||
| Profit margin | — | −1.9% | 3.5% | 1.3% |
| Gross margin | — | 11.9% | 15.5% | 12.5% |
| Revenue per employee | — | £25.9k | £25.1k | £26.7k |
| Profit per employee | — | −£489 | £871 | £357 |
| Cash conversion | — | — | −9.8% | 293% |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼15.4% | ▼7.6% |
| Profit growth | — | — | — | ▼64.4% |
| Headcount growth | — | ▲31.4% | ▼12.7% | ▼13.1% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £97.5k | £52.8k | £516k | £521k |
| Net assets | £605k | £46.3k | £262k | £191k |
| Fixed assets | £79.1k | £80.8k | £59k | £169k |
| Current assets | £2.8m | £2.9m | £2.9m | £2.7m |
| Debtors | £1.6m | £2m | £1.5m | £1.3m |
| Deferred income | — | £588k | £268k | £206k |
| Cash from operations | — | £472k | −£53.8k | £606k |
| Source | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 1.3%
- Profit ÷ revenue.
- Gross margin
- 12.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £26.7k
- Revenue ÷ average employees.
- Profit per employee
- £357
- Profit ÷ average employees.
- Cash conversion
- 293%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13%
- 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
- ▼27%
- Now £191k
- Cash at bank
- ▲1%
- Now £521k
- Headcount
- ▼13%
- Now 371
- Deferred income
- ▼23%
- Now £206k
- Fixed assets
- ▲187%
- Now £169k
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 31 Oct 2025 (profit £132k), from the Companies House accounts bulk data published Jul 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.