How much does Elevation Recruitment Limited make?

Elevation Recruitment Limited reported revenue of £12.3m and £63.5k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Elevation Recruitment Limited have?

Elevation Recruitment Limited reported an average of 121 employees in the year to 31 Dec 2024.

Is Elevation Recruitment Limited profitable?

Yes — Elevation Recruitment Limited reported a profit of £63.5k in the year to 31 Dec 2024.

Company No. 07095603 · Incorporated 4 Dec 2009

Elevation Recruitment Limited

Registered name: ELEVATION RECRUITMENT LIMITED

Part of Elevation Eot Limited group

Elevation Recruitment Limited made £12.3m revenue and £63.5k profit in the year to 31 Dec 2024. read from filing text

Elevation Recruitment Limited’s revenue grew 19% to £12.3m in the year to 31 Dec 2024, with £63.5k profit and 121 employees. The company is classified under “other activities of employment placement agencies” and is based in Rotherham; we hold 4 years of its filed accounts.

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

Status: Active
Location: Rotherham, Yorkshire and The Humber
Age: 16 yrs · since 2009
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. From the filing: “Elevation Recruitment Group Limited is the parent company of Elevation Recruitment Limited. The shareholding of Elevation Recruitment Group Limited is held by Elevation Holdings Limited. The ultimate ”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light

Revenue

£12.3m

Growth ▲18.8%

Profit

£63.5k

Growth ▼79.8%

Profit margin

0.5%

Gross 81%

Employees

121

Change ▲6.1%

Profit / employee

£525

Revenue/employee £102k

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£10.3m	£11.1m	£10.4m	£12.3m
Cost of sales	£1.5m	£1.3m	£1.4m	£2.3m
Gross profit	£8.9m	£9.8m	£9m	£10m
Operating profit	£3.8m	£2.8m	£344k	£126k
Profit before tax	£3.8m	£2.8m	£344k	£90.3k
Profit after tax	£3.1m	£2.2m	£314k	£63.5k
Profit (best available)	£3.1m	£2.2m	£314k	£63.5k
Staff costs	£5.4m	£7.1m	£7.8m	£9.3m
Employees (average)	95	110	114	121
Ratios
Profit margin	29.8%	20.2%	3%	0.5%
Gross margin	85.8%	88.4%	86.9%	81%
Revenue per employee	£109k	£100k	£90.9k	£102k
Profit per employee	£32.5k	£20.3k	£2.8k	£525
Growth (year on year)
Revenue growth	—	▲6.9%	▼6.2%	▲18.8%
Profit growth	—	▼27.7%	▼85.9%	▼79.8%
Headcount growth	—	▲15.8%	▲3.6%	▲6.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.6m	£2m	£596k	£29.6k
Net assets	£4.4m	£4.2m	£3.9m	£3.3m
Fixed assets	£69.5k	£56.4k	£446k	£431k
Current assets	£8.2m	£8.1m	£7.1m	£7.5m
Debtors	£1.5m	£1.2m	£1.3m	£1.8m
Deferred income	£250k	£278k	£339k	£357k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Mar 2025

Derived from the latest filing

How the business works

Profit margin: 0.5%; Profit ÷ revenue.
Gross margin: 81%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £102k; Revenue ÷ average employees.
Profit per employee: £525; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14.5%; 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: ▼16%; Now £3.3m
Cash at bank: ▼95%; Now £29.6k
Headcount: ▲6%; Now 121
Deferred income: ▲5%; Now £357k
Fixed assets: ▼3%; Now £431k

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

Elevation Eot Limitedultimate parent75–100%
Elevation Holdings Limited75–100%
Elevation Recruitment Group Limited75–100%
Elevation Recruitment 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).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £63.5k), from the Companies House accounts bulk data published Mar 2025. 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.