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Understanding Recruitment Ltd

06364614

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

SECOND FLOORSUITE ABBEYVIEW, ST ALBANS, AL1 3HL
Incorporated 07/09/2007

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 15/04/2026

Due 29/04/2027

On track

Industry

78109
Other activities of employment placement agencies

Officers

Christopher Mark Robert Jackson

director · Since 07/09/2007

RECRUITMENT CONSULTANT

BRITISH · UNITED KINGDOM · Age 53

Dale Swords

secretary · Since 01/01/2008

BRITISH

Mr Dale Swords

director · Since 01/01/2008

BUSINESS OWNER

BRITISH · UNITED KINGDOM · Age 47

Mr Miles William Rupert Hunt

director · Since 28/10/2015

BUSINESS DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 18 other boards

Persons with Significant Control

Former PSCs

Mr Christopher Mark Robert Jackson

Ceased 12/01/2023

Mr Dale Thomas Swords

Ceased 12/01/2023

Charges2 outstanding

Charge
outstanding

CYNERGY BUSINESS FINANCE LIMITED

Created 27/06/2024Registered 28/06/2024
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 06/05/2020Registered 12/05/2020
Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 27/06/2019Registered 02/07/2019Satisfied 02/04/2025

CompanyRankvs 817+ SIC 78109 peers
76

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.57× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2021

Net Worth

£1.2M

Balance sheet strength

Cash

£1.5M

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£3.7M

Current Liabilities

£2.4M

Fixed Assets

£149k

Debtors

£2.2M

51avg. employees

Tax at Year End

Corp tax£315k

Balance Sheet

Assets less current liabilities£1.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20211.57

Derived from filed accounts. Not audited figures.