Rise Technical Recruitment Limited in Bristol, BS1 4UA

Description

Data updated on: 01-11-2023

Rise Technical Recruitment Limited is a Private Limited Company, registered in 33 Colston, Colston Avenue in Bristol. The head office's post code is BS1 4UA. This business was formed in 2005. The business Companies House Reg No. is 05490121. This business's classified under the NACE and SIC code 78200 and has the NACE code: Temporary employment agency activities. 30th June 2022 is the last time the accounts were filed.

When it comes to this particular limited company, most of director's assignments up till now have been done by Benjamin M. and Jeff L.. When it comes to these two individuals, Jeff L. has managed limited company the longest, having been a part of officers' team for 19 years.

Executives who control the firm include: Benjamin M. owns 1/2 or less of company shares. Jeffrey L. owns 1/2 or less of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-06-30	2021-06-30	2022-06-30	2023-06-30
Currency

Balance Sheet
Cash Bank On Hand	4 164 136	1 820 190	1 547 585	830 237
Current Assets	5 117 425	4 108 732	5 005 290	4 241 017
Debtors	953 289	2 288 542	3 457 705	3 410 780
Net Assets Liabilities	1 681 695	1 916 150	2 534 970	2 511 485
Other Debtors	68 068	1 540	33 355	472 664
Property Plant Equipment	88 244	336 642	438 069	281 531

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment	341 100	199 997	372 647	547 010
Additional Provisions Increase From New Provisions Recognised		41 596
Additions Other Than Through Business Combinations Property Plant Equipment		327 436	274 901	17 825
Administration Support Average Number Employees	8	8	11	12
Administrative Expenses	4 993 335	5 641 214	9 726 872	11 759 413
Amounts Owed By Related Parties	6 914	537 533	813 918	1 050 227
Amounts Owed To Related Parties	100	100	100	100
Applicable Tax Rate	19	19	19	19
Average Number Employees During Period	101	105	159	194
Balances With Banks	3 635 077	1 291 078	1 518 425	801 226
Bank Borrowings	2 000 000
Cash Cash Equivalents	4 164 136	1 820 190	1 547 585	830 237
Cash Cash Equivalents Cash Flow Value	4 164 136	1 851 729	1 843 520
Cash On Hand	23	23	23	23
Comprehensive Income Expense	1 653 199	1 401 730	2 876 095	2 843 107
Cost Sales	4 197 268	4 234 657	5 743 810	6 311 547
Creditors	2 000 000	2 495 067	2 852 134	1 983 522
Current Tax For Period	406 100	310 000	682 550	725 350
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	2 213	41 596	22 098	-28 653
Depreciation Amortisation Expense	41 944	77 288	172 650	174 363
Depreciation Expense Property Plant Equipment	41 944	77 288	172 650	174 363
Disposals Decrease In Depreciation Impairment Property Plant Equipment		-218 391
Disposals Property Plant Equipment		-220 141	-824
Dividend Per Share Interim	220	121	230	3
Dividends Paid	-2 200 000	-1 210 000	-2 300 000	-2 640 000
Dividends Paid Classified As Financing Activities	-2 200 000	-1 210 000	-2 300 000	-2 640 000
Financial Assets			4 558 503	3 767 990
Financial Liabilities			1 755 514	1 202 566
Fixed Assets	88 344	358 932	460 359	303 882
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities	2 000 000
Further Item Cash Flow From Used In Operating Activities Component Total Net Cash Flows From Used In Operating Activities	42 725	42 725	42 725	8 488
Future Minimum Lease Payments Under Non-cancellable Operating Leases	74 763	229 280	284 175	284 175
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-68 273	1 095 993	258 183	-943 238
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-632 040	1 283 242	1 023 972	-165 713
Gain Loss On Disposals Property Plant Equipment		5	476
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss		2 686	41 550	-142 405
Government Grant Income	263 381	30 402	3 000
Gross Profit Loss	6 789 836	7 295 443	13 430 242	15 373 434
Income Taxes Paid Refund Classified As Operating Activities	412 837	395 597	588 999	654 950
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	2 047 962	-2 312 407	-8 209	-292 460
Increase Decrease In Current Tax From Adjustment For Prior Periods	-740	-4		-68
Increase Decrease In Existing Provisions			22 098	-28 653
Increase From Depreciation Charge For Year Property Plant Equipment		77 288	172 650	174 363
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss	125	39	1 643	12
Interest Income On Bank Deposits	422	53	139	109
Interest Paid Classified As Financing Activities	-125	-39	-1 643	-12
Interest Paid Classified As Operating Activities	125	39	1 643	12
Interest Payable Similar Charges Finance Costs	125	39	1 643	12
Interest Received Classified As Investing Activities	1 015	1 520	554	980
Interest Received Classified As Operating Activities	1 015	1 520	554	980
Investments Fixed Assets	100	22 290	22 290	22 351
Investments In Subsidiaries	100	22 290	22 290	22 351
Minimum Operating Lease Payments Recognised As Expense	210 124	223 409	229 280	223 409
Net Cash Flows From Used In Financing Activities	-200 125	-3 210 039	-2 301 643	-2 640 012
Net Cash Flows From Used In Investing Activities	-47 394	-324 161	-273 047	-16 845
Net Cash Flows From Used In Operating Activities	2 295 481	1 221 793	2 566 481	2 364 397
Net Cash Generated From Operations	2 708 318	1 617 390	3 155 480	3 019 347
Net Cash Inflow Outflow From Operations Before Movements In Working Capital	2 144 551	1 804 639	3 921 269	3 796 872
Net Current Assets Liabilities	3 608 202	1 613 665	2 153 156	2 257 495
Nominal Value Allotted Share Capital	3	3	3	3
Number Equity Instruments Expired Share-based Payment Arrangement				1 745
Number Equity Instruments Granted Share-based Payment Arrangement				303 750
Number Equity Instruments Outstanding Share-based Payment Arrangement	1 745	1 745	1 745	303 750
Number Shares Issued Fully Paid	30 000	30 000	30 000	3 000 000
Operating Profit Loss	2 059 882	1 684 631	3 706 370	3 614 021
Other Creditors	5 168	6 910	4 908	7 422
Other Departments Average Number Employees	3	3	3	3
Other Employee Expense	27 346	88 144	149 145	128 107
Other Finance Income	593	1 467	415	871
Other Interest Receivable Similar Income Finance Income	1 015	1 520	554	980
Other Operating Income Format1	263 381	30 402	3 000
Other Payables Accrued Expenses	422 280	1 036 637	1 324 193	936 231
Par Value Share		0	0	0
Pension Costs Defined Contribution Plan	145 526	65 604	122 461	143 581
Percentage Class Share Held In Subsidiary	100	100	100	100
Prepayments	202 438	330 683	446 787	473 027
Proceeds From Sales Property Plant Equipment		1 755	1 300
Profit Loss	1 653 199	1 401 730	2 876 095	2 608 027
Profit Loss Attributable To Owners Parent	1 653 199	1 334 520	2 985 598	2 843 107
Profit Loss On Ordinary Activities Before Tax	2 060 772	1 686 112	3 705 281	3 614 989
Property Plant Equipment Gross Cost	429 344	536 639	810 716	828 541
Provisions	14 851	56 447	78 545	49 892
Provisions For Liabilities Balance Sheet Subtotal	14 851	56 447	78 545	49 892
Purchase Property Plant Equipment	-48 409	-327 436	-274 901	-17 825
Repayments Borrowings Classified As Financing Activities		-2 000 000
Revenue From Rendering Services	10 987 104	11 530 100	19 174 052	21 684 981
Selling Average Number Employees	90	94	145	179
Share-based Payment Expense Cash Settled	42 725	42 725	42 725	8 488
Short-term Deposits Classified As Cash Equivalents	529 036	529 089	29 137	28 988
Social Security Costs	356 044	432 720	841 070	959 528
Staff Costs Employee Benefits Expense	4 124 286	4 689 800	8 313 555	9 682 193
Taxation Social Security Payable	584 950	890 033	863 243	470 458
Tax Expense Credit Applicable Tax Rate	391 547	320 361	704 003	686 848
Tax Increase Decrease From Effect Capital Allowances Depreciation	-1 303	-40 959	-20 650	29 326
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings				52 936
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	15 852	17 785	22 837	15 157
Tax Increase Decrease From Effect Foreign Tax Rates			-8 627	16 290
Tax Increase Decrease From Effect Unrelieved Loss On Foreign Subsidiaries		12 770
Tax Increase Decrease From Other Short-term Timing Differences	2 213	41 596	22 098	-28 653
Tax Increase Decrease From Other Tax Effects Tax Reconciliation	-736	39	22	-22
Tax Tax Credit On Profit Or Loss On Ordinary Activities	407 573	351 592	719 683	771 882
Total Assets Less Current Liabilities	3 696 546	1 972 597	2 613 515	2 561 377
Total Borrowings	2 000 000
Total Operating Lease Payments	7 112	5 298	2 685	1 936
Trade Creditors Trade Payables	262 625	412 888	417 640	253 857
Trade Debtors Trade Receivables	675 869	1 418 786	2 163 645	1 416 745
Turnover Revenue	10 987 104	11 530 100	19 174 052	21 684 981
Wages Salaries	3 552 645	4 060 607	7 158 154	8 442 489
Weighted Average Exercise Price Equity Instruments Expired Share-based Payment Arrangement				0
Weighted Average Exercise Price Equity Instruments Granted Share-based Payment Arrangement				1
Weighted Average Exercise Price Equity Instruments Outstanding Share-based Payment Arrangement	0	0	0	1
Company Contributions To Money Purchase Plans Directors	81 315	1 315	8 000
Director Remuneration	123 973	97 381	7 200	7 200
Number Directors Accruing Benefits Under Money Purchase Scheme	1	1	2	2
Number Directors Who Received Or Were Entitled To Receive Shares Under Long Term Incentive Schemes	1	1	2	2