ST. DAVID RECRUITMENT SERVICES LTD
📉Decliningactive
04360561 · ltd · incorporated 2002-01-25
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
- · Lifecycle stage drifting downward
- · Currently "declining"
🔒Estimated value
—
Upgrade to see
Turnover
£1.15M
year to Mar 2025
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Temporary employment agency activities
Sector: Administrative & support services
Investor take
PursueStrong opportunity: conservative operator with strong profile and acceptable with review structure.
Opportunity 77/100 (strong), bankability 67/100. Strong seller-intent signal (60/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (78/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 24.1y
45/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 24.1 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 33/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 7 with DOB)
86
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
90 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredProfitable
Profit before tax £71,202
Revenue decline
Turnover down 32% YoY
Turnover YoY
-32%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Turnover | £1.15M | £1.68M |
| Gross profit | £444.1k | £587.4k |
| Operating profit | £71.6k | £24.3k |
| Profit before tax | £71.2k | £22.0k |
| Average employees | 600 | 700 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
- 2025-12-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-01➕WARNER, Darrell appointeddirector
- 2024-12-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-10📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2024-07-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-19🔓Charge satisfied #3
- 2024-07-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-05🔒Charge registered #5Lender: Close Brothers Limited (The “Security Trustee”)
- 2024-05-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-05-15🔓Charge satisfied #4
- 2024-03-21📄resolutionresolution · RESOLUTIONS
- 2024-03-21📄resolutionresolution · RESOLUTIONS
- 2024-03-21📄resolutionresolution · RESOLUTIONS
- 2024-03-21📄capital-name-of-class-of-sharescapital · SH08
- 2024-03-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-03-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-03-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-03-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-03-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-03-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-03-18📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-03-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-03-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-03-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-03-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-03-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-03-08➕BUCHANAN, Richard James appointeddirector
- 2024-03-08➕DYER, Robert appointeddirector
- 2024-03-08➖SANDERS, Elaine resignedsecretary
- 2024-03-08➖HALL, Sally Anne resigneddirector
- 2024-03-08➖LEWIS, Elizabeth Hirst resigneddirector
- 2024-03-08➖SANDERS, John Powell resigneddirector
- 2024-03-01🔒Charge registered #4Lender: Rbs Invoice Finance Limited
- 2023-12-12🔓Charge satisfied #2
- 2006-03-31🔒Charge registered #3Lender: Rbs Invoice Finance Limited
- 2002-09-01➕HALL, Sally Anne appointeddirector
- 2002-09-01➕LEWIS, Elizabeth Hirst appointeddirector
- 2002-09-01➖SANDERS, Elaine resigneddirector
- 2002-04-18🔒Charge registered #2Lender: Barclays Bank PLC
- 2002-01-25🏢Company incorporatedAs ST. DAVID RECRUITMENT SERVICES LTD
- 2002-01-25➕SANDERS, Elaine appointedsecretary
- 2002-01-25➕SWIFT INCORPORATIONS LIMITED appointedcorporate-nominee-secretary
- 2002-01-25➖SWIFT INCORPORATIONS LIMITED resignedcorporate-nominee-secretary
- 2002-01-25➕SANDERS, Elaine appointeddirector
- 2002-01-25➕SANDERS, John Powell appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Abatec Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Abatec Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
ST. DAVID RECRUITMENT SERVICES LTD
This company · 04360561
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Abatec Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 08/03/2024 |
3 historic (ceased) PSCs
- Mr Matthew Lewisceased 08/03/2024· 25-50% shares · 25-50% voting · board control
- Mrs Elizabeth Hirst Lewisceased 08/03/2024· 75-100% shares
- Mrs Sally Hallceased 08/03/2024· 25-50% shares · 25-50% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Professional services · BS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A F ACCOUNTING LIMITED→ 10560971 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| A-GAS INVESTMENTS LIMITED→ 06004328 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ADMIN SERVICES AVON LIMITED→ 02934518 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| ADP FINANCE AND ADVISORY SERVICES LIMITED→ 13005277 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ADRIAN WHEALE CONSULTANCY LTD→ 13811778 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ADT ACCOUNTANTS AND TAXATION ADVISORS LTD→ 08429498 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| ADTOPS SOLUTION LTD→ 14395814 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADVANCE BIDCO LIMITED→ 09555514 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ADVANCE TOPCO LIMITED→ 09555348 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ADVANCED MECHANICAL SYSTEMS LTD→ 09208710 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ADVENTURE AWAITS YOU (BRISTOL) LTD→ 13545376 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ADVENTUS LTD.→ 04069694 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeltd
Incorporated2002-01-25
Jurisdictionengland-wales
Primary SIC78200 — Temporary employment agency activities
Registered office
Abatec House
Oldmixon Crescent
Weston-Super-Mare
BS24 9AX
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-08
Last: 2026-01-25
Officers (3 active · 6 resigned)
BUCHANAN, Richard James→
Activedirector · ~58y · appointed 2024-03-08
View their other companies + combined net worth →
DYER, Robert→
Activedirector · ~46y · appointed 2024-03-08
View their other companies + combined net worth →
WARNER, Darrell→
Activedirector · ~44y · appointed 2025-01-01
View their other companies + combined net worth →
SANDERS, Elaine→
Resignedsecretary · appointed 2002-01-25 · resigned 2024-03-08
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-01-25 · resigned 2002-01-25
HALL, Sally Anne→
Resigneddirector · ~59y · appointed 2002-09-01 · resigned 2024-03-08
LEWIS, Elizabeth Hirst→
Resigneddirector · ~50y · appointed 2002-09-01 · resigned 2024-03-08
SANDERS, Elaine→
Resigneddirector · ~75y · appointed 2002-01-25 · resigned 2002-09-01
SANDERS, John Powell→
Resigneddirector · ~92y · appointed 2002-01-25 · resigned 2024-03-08
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Close Brothers Close Brothers Limited (The “Security Trustee”) | A registered charge | — | 05/07/2024 | — | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | A registered charge | — | 01/03/2024 | 15/05/2024 | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | Fixed and floating charge | 1 property | 31/03/2006 | 19/07/2024 | |
| satisfied | Barclays Barclays Bank PLC | All assets debenture | 1 property | 18/04/2002 | 12/12/2023 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (90 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-27
appoint-person-director-company-with-name-date
officers · AP01
2025-01-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-24
change-account-reference-date-company-previous-extended
accounts · AA01
2024-09-10
mortgage-satisfy-charge-full
mortgage · MR04
2024-07-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-10
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-15
resolution
resolution · RESOLUTIONS
2024-03-21
resolution
resolution · RESOLUTIONS
2024-03-21
resolution
resolution · RESOLUTIONS
2024-03-21
capital-name-of-class-of-shares
capital · SH08
2024-03-21
termination-director-company-with-name-termination-date
officers · TM01
2024-03-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-03-18