MCGREGOR BOYALL ASSOCIATES LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -14%

  £50,910,357 → £43,793,937

• Cash

  +5.2%

  £5,038,550 → £5,298,554

  highest in 3 filed years

• Net assets

  -6.8%

  £7,221,694 → £6,731,893

• Employees

  -25%

  132 → 99

  lowest in 3 filed years

• Operating profit

  -378.8%

  £245,597 → -£684,769

  lowest in 3 filed years

• Profit before tax

  -306.6%

  £297,834 → -£615,262

  lowest in 3 filed years

• Wages

  -16.4%

  £10,327,939 → £8,633,100

  lowest in 3 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Anova

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. MCGREGOR BOYALL ASSOCIATES LIMITED · parent
   1. Creative Recruitment Limited 0.8% · United Kingdom · provision of permanent, contract & temporary professionals specialising in creative disciplines.
   2. McGregor Boyall Contracts Limited 1% · United Kingdom
   3. Creative Temps Limited 0.8% · United Kingdom
   4. Dukebridge Partners Limited 1% · United Kingdom · provision of consulting services specialising in governance and assurance.
   5. Fincentria Limited 1% · United Kingdom · provision of consulting services in the financial sector
   6. McGregor Boyall Poland z.o.o. 1% · Poland · provision of consulting services in the financial sector

Significant events

• “In early 2024, we continued to wind down our Asia Pacific operations, completing the closure of the Hong Kong operation.”
• “Some of these offices/locations, namely Manchester, Edinburgh, and Glasgow, were exited or wound down in 2024.”
• “The decline in our overall performance in H1 2024 necessitated several strategic changes, including the winding down and exit of our Scotland and Manchester businesses and a repivoting to diversify our client base underpinned by prudent and disciplined cost management.”
• “We also continued to invest sensibly in a number of growth areas that would further strengthen our portfolio and product offering. For example, we looked to expand our European footprint, making a number of worthwhile and consistent hires.”
• “securing our status as a Women-Owned business and a sustainability accreditation via EcoVadis, both of which were approved and secured in 2024.”
• “Being awarded certification as a Women-Owned certified business in March 2024, as well as achieving accreditation for our sustainability practices via Ecovadis, has provided access to new client networks on a global basis”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.