TRADEWIND RECRUITMENT LTD
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Cash
£2M
-0.5% vs 2024
Net assets
£5.9M
+20.6% highest in 3 filed years
Employees
4,188
+1% highest in 3 filed years
Profit before tax
£7.3M
-17.5% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-08-31
| Metric | Trend | 2023-08-31 | 2024-08-31 | 2025-08-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £75,073,178 | £88,250,250 | £86,883,769 | -1.5% | |
| Operating profit | £8,256,428 | £8,913,892 | £7,315,391 | -17.9% | |
| Profit before tax | £8,256,971 | £8,896,504 | £7,337,224 | -17.5% | |
| Net profit | £6,600,706 | £6,604,742 | £5,309,111 | -19.6% | |
| Cash | £5,038,675 | £2,009,936 | £2,000,779 | -0.5% | |
| Total assets less current liabilities | £5,489,829 | £4,889,308 | £5,978,002 | +22.3% | |
| Net assets | £5,489,829 | £4,889,308 | £5,898,419 | +20.6% | |
| Equity | £5,489,829 | £4,889,308 | £5,898,419 | +20.6% | |
| Average employees | 3,642 | 4,147 | 4,188 | +1% | |
| Wages | £54,786,562 | £65,453,058 | £66,749,816 | +2% | |
| Directors' remuneration | £591,076 | £591,632 | £606,925 | +2.6% |
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 | 2023-08-31 | 2024-08-31 | 2025-08-31 |
|---|---|---|---|---|
| Operating margin | 11.0% | 10.1% | 8.4% | |
| Net margin | 8.8% | 7.5% | 6.1% | |
| Return on capital employed | 150.4% | 182.3% | 122.4% | |
| Current ratio | 2.33x | 2.76x | 3.23x |
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.
Name history
Renamed 3 times since incorporation
- TRADEWIND RECRUITMENT LTD 2004-11-26 → present
- 1ST CONTACT RECRUITMENT LTD 2003-08-11 → 2004-11-26
- 1ST CONTACT EDUCATION LIMITED 2001-02-05 → 2003-08-11
- CUPINE RECRUITMENT LIMITED 2000-11-10 → 2001-02-05
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Independent Auditors LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KAYE, Michael Robert | Secretary | 2010-09-01 | — | — |
| KAYE, Michael Robert | Director | 2012-08-31 | Sep 1961 | British |
| LYNCH, Kati | Director | 2012-03-16 | Jan 1979 | Australian |
| MURPHY, Nicholas | Director | 2015-05-20 | Jul 1978 | Australian |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DEAKIN, Ashley Martin | Secretary | 2001-07-01 | 2009-05-01 |
| 1ST CONTACT SECRETARIES LIMITED | Corporate Nominee Secretary | 2000-11-10 | 2004-01-01 |
| ANDREW, Bruce Charles | Director | 2001-09-01 | 2002-08-11 |
| ANDREWS, William Hyland | Director | 2010-08-31 | 2012-03-16 |
| BAMFORD, Reginald Lewis | Director | 2001-07-01 | 2009-05-01 |
| BOTHA, Ryan | Director | 2001-09-01 | 2004-12-01 |
| DEAKIN, Ashley Martin | Director | 2001-07-01 | 2009-05-01 |
| JAMES, Robert Justin | Director | 2011-06-27 | 2012-08-31 |
| KAYE, Michael Robert | Director | 2001-10-01 | 2011-06-27 |
| KEANE, Martin Anthony | Director | 2011-06-27 | 2014-09-15 |
| MCGUINESS, George Edward | Director | 2010-08-31 | 2011-06-27 |
| MCLENNAN, Tracy | Director | 2010-08-31 | 2017-12-27 |
| SCRIBANTE, Renzo Angelo | Director | 2000-11-22 | 2001-07-01 |
| WATERS, Jeremy Peter | Director | 2010-08-31 | 2014-09-15 |
| 1ST CONTACT DIRECTORS LIMITED | Corporate Nominee Director | 2000-11-10 | 2000-11-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Abaco Recruitment Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-08-05 | Active |
| Mr Michael Robert Kaye | Individual | Shares 75–100% (as firm), Voting 75–100% (as firm), Appoints directors | 2016-04-06 | Ceased 2024-08-05 |
Filing timeline
Last 20 of 115 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-03 | AA | accounts | Accounts with accounts type full | |
| 2025-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-09 | AA | accounts | Accounts with accounts type full | |
| 2024-10-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-07 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-08-07 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-06-17 | AA | accounts | Accounts with accounts type full | |
| 2023-10-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-08 | AA | accounts | Accounts with accounts type full | |
| 2022-11-24 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-10-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-28 | AA | accounts | Accounts with accounts type full | |
| 2021-10-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-05 | AA | accounts | Accounts with accounts type full | |
| 2020-11-24 | AD01 | address | Change registered office address company with date old address new address | |
| 2020-09-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-09-04 | AA | accounts | Accounts with accounts type full | |
| 2019-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-06-04 | AA | accounts | Accounts with accounts type full | |
| 2018-12-18 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.