ABSOLUTE I T RECRUITMENT LIMITED
Opportunity 71/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -32% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £76.9k | £38.3k |
| Current assets | £191.6k | £165.3k |
| Cash | £14.5k | £21.3k |
| Debtors | £177.1k | £144.0k |
| Net assets | £76.9k | £38.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
3 signals 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
Corporate timeline (15 events)Click to expand
- 2025-09-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-02-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-09-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2019-02-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2018-09-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-11-16📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2017-06-15🏢Company incorporatedAs ABSOLUTE I T RECRUITMENT LIMITED
- 2017-06-15➕MILLS, Paul Laurence appointeddirector
- 2017-06-15📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanGroup structure
Plm Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Plm Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 15/06/2018 |
1 historic (ceased) PSC
- Mr Paul Laurence Millsceased 15/06/2018· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · Trade services · AL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 42TETHERDOWNMANAGEMENT RTM COMPANY LTD→ 13342163 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A LITTLE PIECE LIMITED→ 06232098 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| AAA PROPERTY MANAGEMENT SERVICES LTD→ 10820560 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ACS UTILITY SERVICES LIMITED→ 10823036 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AG CROP & ENVIRONMENT LIMITED→ 11814442 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AHEADSTYLE LTD→ 15341671 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AIB PENSIONS UK LIMITED→ 02692868 · est 1992 · no financials extracted | — | — | — | — | 34y | — | — |
| AIMEE VICTORIA LONG LTD→ 12037546 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AJ ACADEMY LTD→ 14018523 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AKSA DESIGN LTD→ 09647198 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ALAND ARAN LTD→ 16201635 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALAPANLA LTD→ 08601151 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
7 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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.