EXTRASTAFF LTD

1. EXTRASTAFF LTD 2001-07-04 → present
2. MEGASTAR MARKETING LTD 2000-09-01 → 2001-07-04

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Barnes Roffe LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors note that the company is trading adequately and has sufficient working capital and other finances available to continue trading for a period of not less than 12 months from the Statement of financial position date. As such, the directors believe that there are no significant uncertainties in their assessment of whether the business is a going concern and therefore have prepared the accounts on a going concern basis.”

Significant events

• “2024 wasn't an easy year in recruitment. High interest rates and a cooling economy put pressure on many businesses in our sector. But where others paused, we pivoted. Revenue grew slightly to £74.3m, and gross margin improved to 12.9%, up from 12.7%. More notably, operating profit rose dramatically to £1.15m, more than doubling the prior year. Our normalised EBITDA surged by 75% to £1.66m.”
• “This year, we hit a digital milestone: over 1 million hits on our online platforms, and our most successful Tik Tok achieved an extraordinary 5.8 million views.”
• “This year, we fully digitised payslip access for workers through the Extrastaff App, implemented electronic payroll submission and reporting for clients, and integrated DVLA driver licence checks into our system all steps that reflect our relentless pursuit of operational brilliance.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +0.7%

  £73,771,274 → £74,303,384

• Cash

  -41%

  £216,941 → £127,902

• Net assets

  +9.4%

  £4,324,138 → £4,729,094

• Employees

  -7.8%

  141 → 130

• Operating profit

  +143.3%

  £472,038 → £1,148,668

• Profit before tax

  +744.8%

  £82,383 → £695,969

• Wages

  -0.5%

  £65,757,768 → £65,439,678

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers