Drift Specialist Recruitment Ltd
Registered name: DRIFT SPECIALIST RECRUITMENT LTD
Drift Specialist Recruitment Ltd made £117k revenue and £46.4k profit in the year to 31 Mar 2024.
Drift Specialist Recruitment Ltd’s revenue grew 86% to £117k in the year to 31 Mar 2024, with £46.4k profit and 2 employees. The company is classified under “other activities of employment placement agencies” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- London, London
- Age
- 10 yrs · since 2016
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £62.7k | £117k |
| Cost of sales | — | £291 | £4k |
| Gross profit | — | £62.4k | £113k |
| Operating profit | — | £29.2k | £56.1k |
| Profit before tax | — | £28.5k | £46.4k |
| Profit after tax | — | £28.5k | £46.4k |
| Profit (best available) | — | £28.5k | £46.4k |
| Employees (average) | 2 | 2 | 2 |
| Ratios | |||
| Profit margin | — | 45.5% | 39.8% |
| Gross margin | — | 99.5% | 96.6% |
| Revenue per employee | — | £31.4k | £58.3k |
| Profit per employee | — | £14.3k | £23.2k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲85.9% |
| Profit growth | — | — | ▲62.6% |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £100 | £0 | — |
| Net assets | £1.4k | £2.7k | £115k |
| Fixed assets | £364 | £269 | £269 |
| Current assets | £15.4k | £10.8k | £15.6k |
| Debtors | £15.3k | £10.8k | £15.6k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Feb 2025 |
How the business works
- Profit margin
- 39.8%
- Profit ÷ revenue.
- Gross margin
- 96.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £58.3k
- Revenue ÷ average employees.
- Profit per employee
- £23.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13.4%
- 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
- ▲4146%
- Now £115k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £269
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £46.4k), from the Companies House accounts bulk data published Feb 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.