Temporary and Permanent Recruitment Business in Health Care and General Recruitment Sectors (“The Company”)

Sector
Turnover
Location
Recruitment £12.6m Thames Valley, England, UK.

This business has now sold.

 

Business

The business and assets of a leading temporary and permanent recruitment business specialising in the Health Care sector but providing wider general sectors. .

The Partnership provides primarily temporary labour and some permanent recruitment business to clients in Southern England and particularly in the Thames Valley. The Partnership specialises in recruitment to the health care sector but also to wider sectors and industries.

The purchase will be executed at the earliest opportunity.  All interested parties will be requested to sign a non-disclosure agreement and specifically deal with Middleton Barton Valuation as appointed agent on behalf of the Vendor.

 

Business Overview

  • The Partnership is an established provider of temporary and permanent recruitment solutions to in excess of 220 clients;
  • Established over 45 years with an excellent reputation;
  • Turnover full year to 31/3/15 £14.4 & full year to 31/3/16 £14.0 & full year 31/3/17 £12.6m;
  • 6 recruitment offices in town centre locations and Head Office;
  • Loyal customer base;
  • Leasehold Premises.

 

High Level Financial Information

Draft Financial Statements for:

  • 12 Months to 31/5/2016:
  • Turnover – £14,047,252
  • Net Profit/(Loss) – £482,821

 

  • 12 Months to 31/5/2017:
  • Turnover – £12,647,286
  • Net Profit/(Loss) – £180,269

 

Assets Available for Sale

  •  Unencumbered Office Furniture & IT Equipment
  • Unencumbered and Leased Vehicle Fleet;
  • Work in Progress;
  • Customer Base;
  • Goodwill & Business.

 

Location

Thames Valley, England, UK.

 

Deadline for Offers

Indicative offers no later than 12 noon on Wednesday 25th July 2018, all offers to be supported by proof of funds.