NEXTGEN RECRUITS LTD Financials
- Company number
- 07072527CopyCopy
- Registered office
- 2 Devizes Trade Centre, Hopton Park Ind Est, Devizes, Wiltshire SN10 2EH
- Incorporated
- 11/11/2009
Company snapshot
- Status
- Active
- Employees
- 135 (2023)
- Latest financial data
- 2023
- Accounts type
- Audited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
30.80%vs 20222022: £1.61M
Total Assets
24.72%vs 20222022: £2.38M
Cash in Bank
-54.87%vs 20222022: £777.53K
Total Liabilities
71.79%vs 20222022: £493.32K
Employees
-90vs 20222022: 225
In 2023, NEXTGEN RECRUITS LTD reported net assets of £2.11M. The same filing shows total assets of £2.96M, cash in bank of £350.92K and total liabilities of £847.49K. Reported headcount was 135 in 2023. Total Assets rose from £2.38M in 2022 to £2.96M in 2023 (24.72%). Okredo holds filed figures for 2021–2023; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
30.80%from £1.61M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures NEXTGEN RECRUITS LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+58.4%vs 2021+25.9% a year compound (CAGR)
Cash in Bank
-13.4%vs 2021-6.9% a year compound (CAGR)
Total Assets
+30.5%vs 2021+14.2% a year compound (CAGR)
Total Liabilities
+26.2%vs 2021+12.4% a year compound (CAGR)
Employees
-42.6%vs 2021-100Biggest increase
Net Assets+58.4%
£1.33M in 2021 to £2.11M in 2023
Biggest decrease
Employees-42.6%
235 in 2021 to 135 in 2023
NEXTGEN RECRUITS LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NEXTGEN RECRUITS LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 71.26%2023
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 28.60%2023
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 41.41%2023
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 11.84%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for NEXTGEN RECRUITS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 1.33M | 1.61M | 2.11M |
| Total Assets£ | 2.27M | 2.38M | 2.96M |
| Cash in Bank£ | 405.00K | 777.53K | 350.92K |
| Total Liabilities£ | 671.41K | 493.32K | 847.49K |
| Employees | 235 | 225 | 135 |
NEXTGEN RECRUITS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NEXTGEN RECRUITS LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
NEXTGEN RECRUITS LTD reported net assets of £2.11M for 2023. That compares with £1.61M in 2022, a change of 30.80%.
NEXTGEN RECRUITS LTD reported total assets of £2.96M for 2023. That compares with £2.38M in 2022, a change of 24.72%.
NEXTGEN RECRUITS LTD reported cash in bank of £350.92K for 2023. That compares with £777.53K in 2022, a change of -54.87%.
NEXTGEN RECRUITS LTD reported 135 employees in 2023, compared with 225 in 2022.
Between 2021 and 2023, NEXTGEN RECRUITS LTD's net assets rose by 58.4%, cash in bank fell by 13.4%, total assets rose by 30.5% and total liabilities rose by 26.2%. Net assets compounded at 25.9% a year across the two years to 2023, from £1.33M to £2.11M. Reported headcount went from 235 in 2021 to 135 in 2023 (-100).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.