RECRUIT WORKS LIMITED Financials
- Company number
- 10648855CopyCopy
- Registered office
- Unit 8 Daleside Road, Nottingham NG2 4GT
- Incorporated
- 02/03/2017
Company snapshot
- Status
- Active
- Employees
- 115 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
12.17%vs 20212021: £374.03K
Total Assets
60.77%vs 20242024: £755.10K
Cash in Bank
237.51%vs 20242024: £14.81K
Total Liabilities
221.36%vs 20242024: £226.67K
Employees
+10vs 20242024: 105
In 2022, RECRUIT WORKS LIMITED reported net assets of £419.57K. The same filing shows total assets of £1.21M, cash in bank of £49.98K and total liabilities of £728.44K. Reported headcount was 115 in 2025. Total Liabilities rose from £226.67K in 2024 to £728.44K in 2025 (221.36%). Okredo holds filed figures for 2021–2025; 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
12.17%from £374.03K in 2021Year-on-year change
Net Assets as filed for 2021–2022. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures RECRUIT WORKS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Cash in Bank
Increasedvs 2023Total Assets
-17.8%vs 2023-9.3% a year compound (CAGR)
Total Liabilities
-22%vs 2023-11.7% a year compound (CAGR)
Employees
-12.2%vs 2023-16Biggest decrease
Total Liabilities-22%
£933.50K in 2023 to £728.44K in 2025
RECRUIT WORKS LIMITED's filings pull in both directions between 2023 and 2025. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with total assets and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from RECRUIT WORKS LIMITED'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
- 32.07%2022
- 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
- 60.01%2025
- 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
- 6.86%2025
- 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
- 4.12%2025
- 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 RECRUIT WORKS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 374.03K | 419.57K | – | – | – |
| Total Assets£ | 1.11M | 1.31M | 1.48M | 755.10K | 1.21M |
| Cash in Bank£ | 78.58K | 48.92K | 0.00 | 14.81K | 49.98K |
| Total Liabilities£ | 725.17K | 850.75K | 933.50K | 226.67K | 728.44K |
| Employees | 89 | 131 | 131 | 105 | 115 |
RECRUIT WORKS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RECRUIT WORKS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
RECRUIT WORKS LIMITED reported net assets of £419.57K for 2022. That compares with £374.03K in 2021, a change of 12.17%.
RECRUIT WORKS LIMITED reported total assets of £1.21M for 2025. That compares with £755.10K in 2024, a change of 60.77%.
RECRUIT WORKS LIMITED reported cash in bank of £49.98K for 2025. That compares with £14.81K in 2024, a change of 237.51%.
RECRUIT WORKS LIMITED reported 115 employees in 2025, compared with 105 in 2024.
Between 2023 and 2025, RECRUIT WORKS LIMITED's total assets fell by 17.8%, total liabilities fell by 22% and employee numbers fell by 12.2%. Total assets contracted at 9.3% a year across the two years to 2025, from £1.48M to £1.21M. Reported headcount went from 131 in 2023 to 115 in 2025 (-16).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.