Sr2 Rec Limited
Other activities of employment placement agencies · Bristol
ActiveUnited KingdomIncorporated 2017Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Group accounts
Net assets
£3,110,849
Cash
£2,212,014
Turnover
£27,105,283
Profit / loss
£599,355
Current assets
£6,122,334
Creditors < 1 year
£3,114,621
Equity
£3,110,849
Average employees
Not available
Balance-sheet trend
GBP · consolidatedFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Group · AI-read | 2024-12-31Group · AI-read | 2022-12-3112 months | 2021-12-314 months | 2021-08-3112 months | 2020-08-3112 months | 2019-08-3112 months | 2018-08-3112 months |
|---|---|---|---|---|---|---|---|---|
| Balance sheet | ||||||||
| Net assets | £3,110,849 | £2,678,287 | £2,698,492 | £1,220,984 | £1,180,161 | £417,432 | £285,640 | £110,191 |
| Equity | £3,110,849 | £2,678,287 | £2,698,492 | £1,220,984 | £1,180,161 | £417,432 | £285,640 | £110,191 |
| Share capital | £1 | £1 | — | — | — | — | — | — |
| Retained earnings | £3,110,848 | £2,678,286 | — | — | — | — | — | — |
| Assets | ||||||||
| Fixed assets | £109,118 | £117,968 | — | — | — | — | — | £7,763 |
| Intangible assets | £87,558 | £102,318 | — | — | — | — | — | — |
| Property, plant & equipment | £21,560 | £15,650 | £132,237 | £77,407 | £69,317 | £15,924 | £11,433 | — |
| Current assets | £6,122,334 | £4,309,064 | — | — | £4,117,149 | £786,512 | £503,053 | £272,253 |
| Cash at bank | £2,212,014 | £2,647,870 | £1,821,087 | £1,724,610 | £1,395,624 | £699,494 | £374,653 | — |
| Debtors | £3,910,320 | £1,661,194 | — | — | £2,721,525 | £87,018 | £128,400 | — |
| Liabilities | ||||||||
| Creditors within one year | £3,114,621 | £1,743,324 | — | — | £2,999,763 | £334,350 | — | £109,038 |
| Creditors after one year | — | — | — | — | — | £48,334 | £551 | — |
| Provisions | £5,982 | £5,421 | — | — | £6,542 | £2,320 | — | — |
| Net current assets | £3,007,713 | £2,565,740 | — | — | £1,117,386 | £452,162 | £274,758 | £172,934 |
| Assets less current liabilities | £3,116,831 | £2,683,708 | — | — | £1,186,703 | £468,086 | £286,191 | £180,697 |
| Profit & loss | ||||||||
| Turnover | £27,105,283 | £17,389,239 | — | — | — | — | — | — |
| Cost of sales | £19,926,895 | £11,771,652 | — | — | — | — | — | — |
| Gross profit | £7,178,388 | £5,617,587 | — | — | — | — | — | — |
| Administrative expenses | £6,426,279 | £5,079,113 | — | — | — | — | — | — |
| Operating profit | £752,109 | £538,474 | — | — | — | — | — | — |
| Interest receivable | £12,122 | £11,712 | — | — | — | — | — | — |
| Profit before tax | £764,231 | £550,186 | — | — | — | — | — | — |
| Tax | £164,876 | £147,596 | — | — | — | — | — | — |
| Profit / loss | £599,355 | £402,590 | — | — | — | — | — | — |
| Dividends | £175,386 | £325,911 | — | — | — | — | — | — |
| Operating costs | ||||||||
| Depreciation | £13,344 | £58,006 | — | — | — | — | — | — |
| Amortisation | £23,795 | £6,592 | — | — | — | — | — | — |
| Audit fees | £20,000 | £16,000 | — | — | — | — | — | — |
| Cash flow | ||||||||
| Cash from operations | −£306,825 | £1,395,897 | — | — | — | — | — | — |
| Capital expenditure | £21,446 | £8,703 | — | — | — | — | — | — |
| Net debt | −£2,138,354 | — | — | — | — | — | — | — |
| People & pay | ||||||||
| Average employees | — | — | 58 | 40 | 28 | 19 | 13 | 7 |
| Staff costs | £4,905,356 | £3,545,213 | — | — | — | — | — | — |
| Wages & salaries | £4,289,014 | £3,007,898 | — | — | — | — | — | — |
| Social security costs | £553,265 | £489,499 | — | — | — | — | — | — |
| Pension costs | £63,077 | £47,816 | — | — | — | — | — | — |
| Directors' remuneration | £12,531 | £9,360 | — | — | — | — | — | — |
| Source evidence | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Auditor
- Bishop Fleming Audit Limited
- Audit opinion
- Clean (unmodified)
- Ultimate controlling party
- C E Sheard
- Accounts
- FRS 102
- Approved
- 2026-09-05, signed by C E Sheard
Subsidiaries (2)
- SR2 Rec GmbH · 100% · Zeppelinstr. 73, 81669, München, Germany
- SR2 Rec Corp · 100% · 600 Congress Ave.Wework, Austin, TX 78701
Turnover by segment (6)
- United Kingdom: 24,961,549 (2025-12-31)
- Rest of Europe: 1,162,604 (2025-12-31)
- Rest of the world: 981,130 (2025-12-31)
- United Kingdom: 16,828,049 (2024-12-31)
- Rest of Europe: 426,417 (2024-12-31)
- Rest of the world: 134,773 (2024-12-31)
Related parties (2)
- fellow group undertakings · fellow group undertakings · balance owed to the company at year end · £317,337 (2024: £391,738)
- a director · director · balance owed to the company; interest charged at 3.75% per annum, accrued and payable monthly; unsecured loans repayable in full by 30 September 2026 · £208,890 (2024: £1,200)
Share classes (5)
- 883 Class A Ordinary shares of £0.001 each
- 101 Class B Ordinary shares of £0.001 each
- 10 Class C Ordinary shares of £0.001 each
- 5 Class D Ordinary shares of £0.001 each
- 5 Class E Ordinary shares of £0.001 each
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
4 outstanding chargesAll Assets · created 2022-09-23
—
OutstandingUnknown · created 2022-07-15
—
OutstandingAll Assets · created 2022-06-20
—
OutstandingAll Assets · created 2018-04-03
—
OutstandingShow 1 satisfied / released
All Assets · created 2017-07-10 · satisfied 2021-04-27
—
SatisfiedScaleup signal
OECD growth threshold met
57% employee CAGR