UNDERSTANDING RECRUITMENT LTD
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Cash
£574k
-51.5% lowest in 5 filed years
Net assets
£125k
-74.7% lowest in 5 filed years
Employees
63
-23.2% vs 2024
Profit before tax
-£214k
+74.9% highest in 3 filed years
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £16,844,468 | £13,211,102 | £10,837,883 | -18% | |
| Operating profit | — | — | -£1,004,360 | -£834,387 | -£167,261 | +80% | |
| Profit before tax | — | — | -£1,043,786 | -£853,191 | -£214,220 | +74.9% | |
| Net profit | — | — | -£577,740 | -£975,884 | -£199,652 | +79.5% | |
| Cash | £1,489,766 | £1,514,925 | £1,138,534 | £1,181,613 | £573,659 | -51.5% | |
| Total assets less current liabilities | £1,165,762 | £1,491,805 | £1,636,100 | £540,585 | £125,254 | -76.8% | |
| Net assets | £760,762 | £1,176,805 | £1,484,356 | £495,585 | £125,254 | -74.7% | |
| Equity | £760,762 | £1,176,805 | £1,484,356 | £495,585 | £125,254 | -74.7% | |
| Average employees | 47 | 51 | 93 | 82 | 63 | -23.2% | |
| Wages | — | — | £6,160,235 | £5,665,045 | £4,066,870 | -28.2% | |
| Directors' remuneration | — | — | £320,574 | £309,110 | £245,051 | -20.7% | |
| Directors' pension contributions | £NaN | £NaN | £15,335 | £14,843 | £15,950 | +7.5% | |
| Highest paid director | £NaN | £NaN | £191,145 | £184,673 | £142,901 | -22.6% |
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 | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | -6.0% | -6.3% | -1.5% | |
| Net margin | — | — | -3.4% | -7.4% | -1.8% | |
| Return on capital employed | — | — | -61.4% | -154.3% | -133.5% | |
| Gearing (liabilities / total assets) | 70.0% | 69.5% | 57.9% | 82.2% | 94.1% | |
| Current ratio | — | — | 1.81x | 1.21x | 1.04x | |
| Interest cover | — | — | -25.47x | -17.84x | -3.56x |
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
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future and, accordingly, continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- UNDERSTANDING RECRUITMENT LTD · parent
- Understanding Recruitment Inc 80%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SWORDS, Dale | Secretary | 2008-01-01 | — | British |
| HUNT, Miles William Rupert | Director | 2015-10-28 | Apr 1966 | British |
| JACKSON, Christopher Mark Robert | Director | 2007-09-07 | Aug 1972 | British |
| SWORDS, Dale | Director | 2008-01-01 | Mar 1979 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JACKSON, Alison | Secretary | 2007-09-07 | 2008-01-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Christopher Mark Robert Jackson | Individual | Shares 50–75%, Shares 50–75% (as firm), Voting 50–75%, Voting 50–75% (as firm), Appoints directors (as firm), Significant influence (as firm) | 2016-08-15 | Ceased 2023-01-12 |
| Mr Dale Thomas Swords | Individual | Shares 25–50%, Voting 25–50% | 2016-08-15 | Ceased 2023-01-12 |
Filing timeline
Last 20 of 103 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-01-25 RESOLUTIONS Resolution
- 2023-01-25 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-25 | AA | accounts | Accounts with accounts type group | |
| 2026-08-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-29 | AA | accounts | Accounts with accounts type group | |
| 2025-04-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-06-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-05-14 | AA | accounts | Accounts with accounts type group | |
| 2024-05-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-01 | AA | accounts | Accounts with accounts type group | |
| 2023-05-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-01-25 | RESOLUTIONS | resolution | Resolution | |
| 2023-01-25 | MA | incorporation | Memorandum articles | |
| 2023-01-24 | SH08 | capital | Capital name of class of shares | |
| 2023-01-24 | SH10 | capital | Capital variation of rights attached to shares | |
| 2023-01-24 | SH08 | capital | Capital name of class of shares | |
| 2023-01-23 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2023-01-23 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-01-23 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-01-23 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.