URBAN RECRUITMENT GROUP LIMITED
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Cash
£76K
-91.9% vs 2024
Net assets
£1.1M
-1% vs 2024
Employees
198
-14.7% vs 2024
Profit before tax
£261K
-84.2% vs 2024
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-02-28
| Metric | Trend | 2019-08-31 | 2021-02-28 | 2022-02-28 | 2023-02-28 | 2024-02-29 | 2025-02-28 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £62,725,694 | £45,735,392 | -27.1% | |
| Operating profit | — | — | — | — | £1,788,087 | £558,029 | -68.8% | |
| Profit before tax | — | — | — | — | £1,656,449 | £261,495 | -84.2% | |
| Net profit | £294,939 | £331,665 | £851,381 | £1,349,468 | £1,274,165 | £177,765 | -86% | |
| Cash | £2,328 | £3,389 | £5,320 | £2,118 | £940,509 | £76,485 | -91.9% | |
| Total assets less current liabilities | £430,154 | £324,655 | £275,351 | £336,014 | £1,260,861 | £1,209,644 | -4.1% | |
| Net assets | £210,560 | £102,225 | £133,606 | £194,091 | £1,091,155 | £1,079,937 | -1% | |
| Equity | £210,560 | £102,225 | £133,606 | £194,091 | £1,091,155 | £1,079,937 | -1% | |
| Average employees | 8 | 4 | 2 | 2 | 232 | 198 | -14.7% | |
| Wages | — | — | — | — | £3,466,919 | — | — | |
| Directors' remuneration | — | — | — | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-08-31 | 2021-02-28 | 2022-02-28 | 2023-02-28 | 2024-02-29 | 2025-02-28 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 2.9% | 1.2% | |
| Net margin | — | — | — | — | 2.0% | 0.4% | |
| Return on capital employed | — | — | — | — | 141.8% | 46.1% | |
| Gearing (liabilities / total assets) | — | — | — | — | 87.0% | 74.2% | |
| Current ratio | — | — | — | — | 1.14x | 1.35x | |
| Interest cover | — | — | — | — | 4.84x | 1.88x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Barnes Roffe Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“As discussed in the going concern accounting policy, the directors consider that the Group remains a going concern. Financial forecasts have been prepared by management and demonstrate that the group is expected to have sufficient cash to enable it to meet its liabilities as they become due. Post period end, the monthly management accounts have continued to show positive results with the gross margin remaining strong throughout this period. Cash-flow projections for the 12 months post period-end do not indicate any further support will be needed from the group's banking partners, or any cash injections from the directors will be required.”
Group structure
- URBAN RECRUITMENT GROUP LIMITED · parent
- Medicspro Limited 100%
- Urban Trustees Limited 100%
- Medicspro Healthcare Limited 100%
Significant events
- “The 2024-25 year was marked by challenging market conditions due to a significant reduction in agency usage across the NHS driven by national cost-saving measures and increased reliance on internal staff banks.”
- “While the downturn in NHS agency usage impacted the business, the Company and Group have taken proactive steps to stabilise operations and lay the groundwork for future diversification and growth.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JOHNSON, Paul James | Director | 2021-08-16 | Aug 1981 | British |
| PRINCE, Russell Craig | Director | 2010-08-12 | Jul 1959 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DANIELS, James | Secretary | 2009-12-10 | 2010-07-02 |
| RAHMAN, Enamur | Secretary | 2010-07-02 | 2015-03-06 |
| STEDMAN, Simon Christoffer | Secretary | 2015-03-06 | 2017-11-15 |
| GARRIT-SMITH, Keara | Director | 2012-11-07 | 2013-10-15 |
| KEEBLE, James Trevor | Director | 2012-02-07 | 2012-02-07 |
| MANOFF, Ashley Simon | Director | 2008-12-09 | 2009-07-22 |
| RAHMAN, Enamur | Director | 2011-03-20 | 2015-03-06 |
| REYNOLDS, Chelsea | Director | 2017-11-13 | 2020-02-18 |
| SMITH, Henry Thomas | Director | 2017-11-13 | 2020-02-18 |
| SMITH, Henry Thomas | Director | 2009-07-22 | 2010-08-12 |
| SMITH, Henry Thomas | Director | 2008-12-09 | 2008-12-09 |
| STEDMAN, Simon Christoffer | Director | 2015-02-12 | 2017-11-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Russell Craig Prince | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-11-21 | Active |
| Mr Henry Thomas Smith | Individual | Shares 25–50% (as trust), Voting 25–50% (as trust), Appoints directors | 2016-04-06 | Ceased 2023-12-07 |
Filing timeline
Last 20 of 100 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-18 | CH01 | officers | Change person director company with change date | |
| 2025-12-18 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-12-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-27 | AA | accounts | Accounts with accounts type group | |
| 2025-11-25 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-12-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-04 | AA | accounts | Accounts with accounts type group | |
| 2023-12-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-11-20 | AA | accounts | Accounts with accounts type group | |
| 2022-12-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-14 | AA | accounts | Accounts with accounts type group | |
| 2022-02-28 | AA | accounts | Accounts with accounts type group | |
| 2021-12-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-17 | AP01 | officers | Appoint person director company with name date | |
| 2021-04-21 | AA01 | accounts | Change account reference date company previous extended | |
| 2020-12-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-09-04 | AA | accounts | Accounts with accounts type group | |
| 2020-02-18 | TM01 | officers | Termination director company with name termination date | |
| 2020-02-18 | TM01 | officers | Termination director company with name termination date | |
| 2019-12-18 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.