HEADHUNTER SYSTEMS LIMITED
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Next accounts due
2025-12-31
Overdue
Confirmation statement due
2027-02-20 (in 9mo)
Last made up 2026-02-06
Watchouts
Cash
£7M
USD 8,731,802
+2.4% highest in 4 filed years
Net assets
-£8M
USD -10,187,487
-277.1% vs 2022
Employees
139
-14.2% vs 2022
Profit before tax
-£9M
USD -11,855,578
+27% vs 2022
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2025-12-31.
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · latest reflected 2023-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | £8,367,437 | £12,276,657 | £19,802,898 | £21,073,411 | |
| Operating profit | — | -£6,629,595 | -£3,215,365 | -£9,983,626 | -£5,431,674 | |
| Profit before tax | — | -£7,094,626 | -£4,035,242 | -£12,133,596 | -£8,862,658 | |
| Net profit | — | -£7,214,496 | -£3,955,165 | -£11,636,117 | -£8,199,267 | |
| Cash | — | £3,397,113 | £3,034,011 | £6,376,531 | £6,527,474 | |
| Total assets less current liabilities | — | £3,534,878 | £7,513,498 | £42,143,967 | £35,648,122 | |
| Net assets | — | -£9,477,472 | -£5,452,632 | £4,300,415 | -£7,615,674 | |
| Equity | -£4,224,536 | -£9,477,472 | -£5,452,632 | £4,300,415 | -£7,615,674 | |
| Average employees | — | 103 | 85 | 162 | 139 | |
| Wages | — | £7,220,580 | £8,174,728 | £12,372,346 | £10,872,276 | |
| Directors' remuneration | — | £227,255 | £283,604 | £250,813 | — |
Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2022 → FY2023 · period ending 2023-12-31 vs 2022-12-31
-
Turnover
+6.4%
£19,802,898 £21,073,411
highest in 4 filed years
-
Cash
+2.4%
£6,376,531 £6,527,474
highest in 4 filed years
-
Net assets
-277.1%
£4,300,415 -£7,615,674
-
Employees
-14.2%
162 139
-
Operating profit
+45.6%
-£9,983,626 -£5,431,674
-
Profit before tax
+27%
-£12,133,596 -£8,862,658
-
Wages
-12.1%
£12,372,346 £10,872,276
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | -79.2% | -26.2% | -50.4% | -25.8% | |
| Net margin | — | -86.2% | -32.2% | -58.8% | -38.9% | |
| Return on capital employed | — | -187.5% | -42.8% | -23.7% | -15.2% | |
| Current ratio | — | — | — | 0.70x | 0.70x | |
| Interest cover | — | -12.87x | -3.89x | -4.64x | -1.58x |
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
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“On 20 December 2024 the group completed a reorganization of its business which included the repayment of external debt in the Headhunter Systems Limited group. This is detailed in the post balance events note. The directors have reviewed the forecasts and strategic plans that were prepared as part of the reorganization and have concluded that Headhunter Systems Limited and its subsidiaries will continue to meet their obligations as the fall due. As a result they have concluded that the going concern basis for preparing the financial statements continues to be appropriate.”
Group structure
- HEADHUNTER SYSTEMS LIMITED · parent
- Graduway Inc. 100%
- Headhunter Technologies Limited 100%
- Gravyty Holding Company, LLC 100%
Significant events
- “On 20 December 2024 the owners of the group completed a reorganization of the group. As a result of the reorganization, the debt in Headhunter Systems Ltd has been closed, with new financing introduced into a new parent company entity, Gravty Inc. Headhunter Systems Limited will continue to service its existing clients as part of the new group.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JONES LEE, Ashley | Secretary | 2026-02-07 | — | — |
| BECK, Justin | Director | 2025-08-01 | Oct 1979 | American |
| BROZ, Carson | Director | 2025-09-01 | May 2001 | American |
| VELCICH, Michael | Director | 2018-04-13 | Nov 1984 | American |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COHEN, Marcel, Dr | Secretary | 2017-11-30 | 2018-04-13 |
| COHEN, Shirley Avril | Secretary | 2017-11-30 | 2018-04-13 |
| JONES, Dominique | Secretary | 2025-06-11 | 2026-02-07 |
| PATEL, Rishi | Secretary | 2024-07-22 | 2026-02-28 |
| WHITEFIELD, David | Secretary | 2018-04-19 | 2024-07-22 |
| BANERJEE, Sujit | Director | 2018-04-13 | 2022-07-31 |
| BOYACI, Hagop | Director | 2022-07-31 | 2025-06-11 |
| COHEN, Daniel | Director | 2011-12-24 | 2022-07-31 |
| COHEN, Marcel | Director | 2009-10-28 | 2017-12-01 |
| COHEN, Shirley Avril | Director | 2009-10-28 | 2017-12-01 |
| KLAHR, Jonathan James | Director | 2017-12-01 | 2018-04-13 |
| KUHLMAN, Jay | Director | 2024-05-01 | 2025-03-10 |
| MALIK, Rajiv Neil | Director | 2018-04-13 | 2023-11-20 |
| PALATNIK, Viktoria | Director | 2017-12-01 | 2018-04-13 |
| WEISS, Gigi Levy | Director | 2017-12-01 | 2018-04-13 |
| WHITEFIELD, David | Director | 2017-12-01 | 2018-04-13 |
| YU, Simon | Director | 2025-06-11 | 2025-09-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Susquehanna Growth Equity Fund Iv, Llp | Corporate entity | Shares 25–50%, Voting 25–50% | 2017-12-01 | Ceased 2018-04-13 |
| Massa Group Pte | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-10-11 | Ceased 2017-12-01 |
Filing timeline
Last 20 of 158 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-01-07 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-18 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-03-18 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-03-18 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-02-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-06 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-06 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-30 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-06-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-22 | SH01 | capital | Capital allotment shares | |
| 2025-01-07 | RESOLUTIONS | resolution | Resolution | |
| 2025-01-07 | AA | accounts | Accounts with accounts type group | |
| 2024-12-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-08-01 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-08-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-07-09 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- Capital events
- 1
- Officers appointed
- 3
- Officers resigned
- 4
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.