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Deal Opportunities.co.uk

the UK marketplace for company sales

Temporary & permanent recruitment services

Reference
S7706
Turnover
£0.5m to £1m
Sector(s)
Recruitment
Region(s)
East of England
Added
30 April 2021

Business description

The company is a highly regarded, independent organisation which offers recruitment services for businesses across the region, sourcing commercial, executive and blue-collar operatives.

The business has experienced considerable growth since its foundation, with the strength of its comprehensive service offering and established client relationships ensuring the sustained success of the company.

Our clients are now offering the business for sale to facilitate their wider retirement plans.

Offers invited.

Highlights

  • Highly regarded service provider operating for over three decades with complete transparency and an ethical approach. 
  • Retains many active clients, 15 of whom have continued to provide ongoing, repeat custom amidst the ongoing pandemic. 
  • Has achieved a number of industry-standard accreditations. 
  • Operates from multiple premises. 
  • Has successfully implemented remote-working practices amidst the ongoing pandemic, enabling the business to expand its geographical remit and reduce overheads. 
  • Ideal bolt-on acquisition for complementary service providers looking to expand their market share and enhance their portfolio.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2018 (Actual) 1,123 161
2019 (Actual) 1,201 70
2020 (Actual) 1,082 7
2021 (Actual) 872 48
  • Achieved a YE21 turnover of £873k amidst the ongoing Covid-19 pandemic.
  • Generated pre-pandemic turnover in excess of £1m. 
  • Maintained a gross profit margin of circa 37% over the previous four years.

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