FIRST TECHNICAL RECRUITMENT LIMITED
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Cash
£3m
+1.4% highest in 3 filed years
Net assets
£4.2m
-13.5% lowest in 3 filed years
Employees
359
-14.5% lowest in 3 filed years
Profit before tax
£1.6m
-30.1% lowest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £165,737,655 | £149,765,281 | £135,700,430 | -9.4% | |
| Operating profit | £2,919,354 | £3,088,348 | £2,213,481 | -28.3% | |
| Profit before tax | £2,283,026 | £2,284,671 | £1,596,620 | -30.1% | |
| Net profit | £1,689,106 | £1,678,610 | £1,217,527 | -27.5% | |
| Cash | £1,541,110 | £2,929,917 | £2,969,936 | +1.4% | |
| Total assets less current liabilities | — | £4,886,627 | £4,225,579 | -13.5% | |
| Net assets | £5,447,455 | £4,886,627 | £4,225,579 | -13.5% | |
| Equity | £5,447,455 | £4,886,627 | £4,225,579 | -13.5% | |
| Average employees | 469 | 420 | 359 | -14.5% | |
| Wages | £40,459,141 | £38,200,795 | £37,421,524 | -2% | |
| Directors' remuneration | £109,487 | £96,354 | £90,328 | -6.3% | |
| Directors' pension contributions | £4,403 | £4,430 | £3,922 | -11.5% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 1.8% | 2.1% | 1.6% | |
| Net margin | 1.0% | 1.1% | 0.9% | |
| Return on capital employed | — | 63.2% | 52.4% | |
| Gearing (liabilities / total assets) | 81.5% | 81.1% | 81.8% | |
| Current ratio | 1.21x | 1.22x | 1.21x | |
| Interest cover | 4.59x | 3.84x | 3.59x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Sumer Auditco Limited
- 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.”
Group structure
- FIRST TECHNICAL RECRUITMENT LIMITED · parent
- First Technical Albania SHPK 100%
- First Technical Recruitment Australia PTY Limited 100%
- Operam Managed Solutions Limited 90%
- Lema Holdings Limited 100%
- Talascend Holdings Limited 100%
- Talascend Limited 100%
- Talascend India Private Limited 100%
- Primis Accounting Services Limited 100%
- Carlentini Sp. Z o.o. 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FARTHING, Stephen | Secretary | 1999-03-01 | — | British |
| CARTLEDGE, Andrew | Director | 1999-03-01 | Nov 1965 | British |
| FARTHING, Stephen | Director | 1997-11-06 | Jul 1969 | British |
| ISHERWOOD, Mark Thomas | Director | 2026-05-18 | May 1976 | British |
| URPI, John Anthony | Director | 2009-10-01 | Jun 1955 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FARTHING, Lynda Margaret | Secretary | 1997-11-06 | 1999-03-01 |
| TEMPLE SECRETARIES LIMITED | Corporate Nominee Secretary | 1997-11-06 | 1997-11-06 |
| BROOMHEAD, Evelyn | Director | 2003-01-01 | 2008-12-31 |
| ROBERTSON, David Stuart | Director | 2022-11-14 | 2026-05-15 |
| COMPANY DIRECTORS LIMITED | Corporate Nominee Director | 1997-11-06 | 1997-11-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr John Anthony Urpi | Individual | Significant influence | 2016-04-06 | Active |
| Mr Stephen Farthing | Individual | Shares 25–50% | 2016-04-06 | Active |
| Mr Andrew Cartledge | Individual | Shares 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 115 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-25 | AA | accounts | Accounts with accounts type group | |
| 2026-09-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-09-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-05-22 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-22 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-23 | AA | accounts | Accounts with accounts type group | |
| 2025-02-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-27 | SH03 | capital | Capital return purchase own shares | |
| 2024-09-13 | SH06 | capital | Capital cancellation shares | |
| 2024-09-09 | AA | accounts | Accounts with accounts type group | |
| 2024-08-30 | SH06 | capital | Capital cancellation shares | |
| 2024-03-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-31 | SH01 | capital | Capital allotment shares | |
| 2023-09-27 | AA | accounts | Accounts with accounts type group | |
| 2023-03-13 | SH01 | capital | Capital allotment shares | |
| 2023-02-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-25 | AA | accounts | Accounts with accounts type group | |
| 2022-11-21 | CH01 | officers | Change person director company with change date | |
| 2022-11-21 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.