CHAPTER2 TALENT LTD

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

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

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The director considers the group and company to be a going concern based on its strong net asset position and profitability. 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 group's or the parent 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.”

Group structure

1. CHAPTER2 TALENT LTD · parent
   1. Chapter2 Talent Germany GmbH 100% · Germany
   2. Chapter2 SA (PTY) Ltd 100% · South Africa
   3. Chapter2 Talent US Inc 100% · USA

Significant events

• “Founded during an exceptionally turbulent period around the Covid-19 pandemic, the business has faced and overcome significant challenges over the past few years, yet has continued to go from strength to strength.”
• “As we expanded our operations globally, we encountered further difficulties arising from the war in Ukraine. Unfortunately, this had a direct impact on one of our largest client bases in the region and ultimately forced us to make a number of redundancies.”
• “We introduced a more balanced workforce strategy, combining permanent employees with contract staff. This approach has allowed us to flex our overheads, manage costs more effectively, and scale resources up or down in line with new contracts starting and ending.”
• “In 2024, we marked a major milestone with the formation of a new partnership with Steven Bartlett. A highly respected public figure with an extensive and successful business portfolio, Steven chose to become involved in Chapter 2 as a shareholder, bringing significant value to the business.”
• “Our German entity delivered a strong performance, doubling its revenue as we increased our market presence and expanded our reach among enterprise clients. As we gained traction against our competitors, this success demonstrated that our operating model can be effectively replicated across multiple countries.”
• “During the year, rising interest rates and increased cost of capital resulted in reduced investment activity from our core client base, particularly venture capital and private equity firms. With fewer growth-stage (C+ round) investments being deployed, many businesses delayed expansion plans, which had a direct impact on our UK growth.”
• “We also continued to expand into additional global regions as businesses increasingly sought to reduce costs by offshoring work outside the UK to lower-cost labour markets. In particular, several UK-based clients expanded operations into India, where we successfully supported their hiring needs by supplying local talent.”
• “A final success for the year was winning an industry-recognised award for Best In-House Recruitment Team, which further strengthened our reputation and highlighted the value that we deliver to our clients.”

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

Filings

7

last 12 months

Capital events

4

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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