Recruitment 99 Ltd
Registered name: RECRUITMENT 99 LTD
Recruitment 99 Ltd made £438k revenue and a £54k loss in the year to 31 Aug 2023.
Recruitment 99 Ltd’s revenue grew 10% to £438k in the year to 31 Aug 2023, with a loss of £54k and 25 employees. The company is classified under “temporary employment agency activities” and is based in High Wycombe; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- High Wycombe, South East
- Age
- 8 yrs · since 2018
- 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 Aug 2022 | 31 Aug 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £399k | £438k |
| Cost of sales | £242 | £4.1k |
| Gross profit | £398k | £433k |
| Operating profit | −£69k | −£54k |
| Profit before tax | −£69k | −£54k |
| Profit after tax | −£69k | −£54k |
| Profit (best available) | −£69k | −£54k |
| Employees (average) | 19 | 25 |
| Ratios | ||
| Profit margin | −17.3% | −12.3% |
| Gross margin | 99.9% | 99.1% |
| Revenue per employee | £21k | £17.5k |
| Profit per employee | −£3.6k | −£2.2k |
| Growth (year on year) | ||
| Revenue growth | — | ▲9.8% |
| Headcount growth | — | ▲31.6% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £40.3k | — |
| Net assets | £101k | £61.4k |
| Fixed assets | £60.6k | £61.5k |
| Current assets | £40.3k | — |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 |
How the business works
- Profit margin
- −12.3%
- Profit ÷ revenue.
- Gross margin
- 99.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £17.5k
- Revenue ÷ average employees.
- Profit per employee
- −£2.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 14%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▼39%
- Now £61.4k
- Cash at bank
- —
- Now —
- Headcount
- ▲32%
- Now 25
- Deferred income
- —
- Now —
- Fixed assets
- ▲1%
- Now £61.5k
Sources
Latest figures from FullAccounts for the year to 31 Aug 2023 (profit −£54k), from the Companies House accounts bulk data published May 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.