Start Agency Limited

Start Agency Limited is a small, active company based in Manchester, UK, established sixteen years ago in 2008. With just two employees and £67,549 in assets, it operates as a family business with two directors and two owners. The company is a regular importer and exporter of clothing and accessories, not knitted or crocheted, with five months of import activity and four months of export activity recorded.

The company’s website highlights its recruitment agency services, serving both temporary and permanent roles across various sectors including engineering, manufacturing, food, and logistics. It positions itself as a passionate recruiter delivering talent solutions to small, medium, and corporate businesses. The site features a job board and testimonials from satisfied clients and candidates, emphasizing its commitment to building strong business relationships and maximizing candidate potential.

Financially, Start Agency Limited shows some concerning trends. Current assets have decreased by a significant 33% to £68,000, and net assets have plummeted 92% to just £860. Cash reserves have also taken a hit, falling 100% to zero. Bank borrowings have increased by 10% to £7,000, and trade debtors have fallen by 34% to £35,000. Creditors have decreased by 20% to £61,000. The company meets two of three criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

The sharp decline in net assets and cash reserves suggests the company is burning through money. While the recruitment sector can be volatile, these trends raise questions about the company’s financial health. It is possible that the company is investing heavily in growth, but the lack of cash reserves is a cause for concern.

Registered in England/Wales under the registration number 06753716, with a registered address at M23 1PL, Manchester, 45 Partridge Avenue.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.