FINANCIALS: de Poel, Extrastaff and Templeton report
7 October 2013
Mixed results from a trio of recruitment industry firms have been filed at Companies House, with profit dropping at temporary labour procurer de Poel and IT recruiter Templeton, while blue collar staffing firm Extrastaff continued to grow its business.
Mon, 7 Oct 2013Mixed results from a trio of recruitment industry firms have been filed at Companies House, with profit dropping at temporary labour procurer de Poel and IT recruiter Templeton, while blue collar staffing firm Extrastaff continued to grow its business.
de Poel Consulting
The temporary labour procurer saw 2012 operating profit drop to a third of last year’s level, with the figure reducing from £3.96m to £966k.
The company made a loss after tax of £66k, following a profit of £1.4m last year – a figure which was 60% higher than in 2010.
The results do not list any turnover, but instead registered exactly £12.5m of ‘other operating income’, up from £10.2m in 2011.
On a positive note, de Poel increased its average workforce size from 83 to 108 staff.
Extrastaff
Turnover of £17.1m for the year 2012 was up 15% on the 2011 total, while profit for the financial year was up a quarter to £379k.
Gross profit grew by just under 10% to £3.34m.
The firm’s financial report says that signs for 2013 “remain extremely positive”.
The previous financial year had seen turnover increase 18%, as profits rose by around 50%.
The firm was ranked 44th on Recruiter’s 2013 FAST 50 list of the UK's fastest-growing recruitment businesses, according to annual sales growth.
Templeton & Partners
Turnover for the calendar year 2012 fell by nearly a third at the IT recruiter, although the firm remains profitable.
Its £10.5m turnover compares to a 2011 figure of £15.4m, itself down on £17.1m in 2010.
The company’s operating profit and bottom-line profit for the year both dropped to more than half the 2011 figure, totalling £537k and £441k respectively.
Templeton’s report says the results were “considered satisfactory” given “difficult trading conditions”.
de Poel Consulting
The temporary labour procurer saw 2012 operating profit drop to a third of last year’s level, with the figure reducing from £3.96m to £966k.
The company made a loss after tax of £66k, following a profit of £1.4m last year – a figure which was 60% higher than in 2010.
The results do not list any turnover, but instead registered exactly £12.5m of ‘other operating income’, up from £10.2m in 2011.
On a positive note, de Poel increased its average workforce size from 83 to 108 staff.
Extrastaff
Turnover of £17.1m for the year 2012 was up 15% on the 2011 total, while profit for the financial year was up a quarter to £379k.
Gross profit grew by just under 10% to £3.34m.
The firm’s financial report says that signs for 2013 “remain extremely positive”.
The previous financial year had seen turnover increase 18%, as profits rose by around 50%.
The firm was ranked 44th on Recruiter’s 2013 FAST 50 list of the UK's fastest-growing recruitment businesses, according to annual sales growth.
Templeton & Partners
Turnover for the calendar year 2012 fell by nearly a third at the IT recruiter, although the firm remains profitable.
Its £10.5m turnover compares to a 2011 figure of £15.4m, itself down on £17.1m in 2010.
The company’s operating profit and bottom-line profit for the year both dropped to more than half the 2011 figure, totalling £537k and £441k respectively.
Templeton’s report says the results were “considered satisfactory” given “difficult trading conditions”.
- The company featured in both the 2012 editions of our FAST 50 league table of the fastest-growing UK recruitment firms, and the HOT 100 list of the recruiters with greatest gross profit per employee, sponsored by Microdec. It was also third in a separate league table looking at the select group of firms making it onto both.
