European Recruitment Ltd
05924374
Some Concerns
- Going concern doubt noted in accounts (-10)
- 5 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 16/04/2007
BRITISH · UNITED KINGDOM · Age 50
Also on 6 other boards
director · Since 01/06/2009
CONSULTANT
BRITISH · ENGLAND · Age 50
Also on 6 other boards
secretary · Since 29/03/2021
Persons with Significant Control
Mr David John Wicks
British · England · Age 50
39, Upper Gardner Street, Brighton, BN1 4AN
Notified 06/04/2016
Former PSCs
Ms Sarah Jane Lucy Bennett
Ceased 24/03/2021
Charges5 outstanding
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CompanyRankvs 1141+ SIC 78109 peers60
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to g
Key FinancialsYear ending 31/12/2024
Net Worth
£184k
Balance sheet strength
Cash
£111k
Cash in the bank
Net Current Assets
£364k
Working capital
Current Assets
£5.4M
Current Liabilities
£5.1M
Fixed Assets
£220k
Debtors
£5.3M
Cost of Sales
£21.7M
Admin Expenses
£3.9M
Profit After Tax
£130k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.07 | +£76k |
| 2023 | 1.12 | +£14k |
| 2022 | 1.14 | -£626k |
| 2021 | 1.24 | +£236k |
| 2020 | 1.42 | -£261k |
| 2019 | 1.49 | +£223k |
| 2018 | 1.22 | — |
Derived from filed accounts. Not audited figures.