Earnings before income tax depreciation and amortisation (EBITDA) increased to £1,948,000 in the year ending 31 December 2008, compared to £253,000 in 2007.
Gross profit increased to 30.6% of revenue compared, to 29.5% in 2007.
Average debtor days fell to 39 days, from 44 days in 2007.
RBS fraud trial
Stephen Lawrence and Mark Starling allegedly used money from their recruitment business to buy a sports car and high-tech stereo equipment, a court heard on Tuesday.
Private sector workers are being “turned away” from interviews for public sector IT roles by recruitment agencies because they do not yet have security clearance, according to an article in The Times newspaper.
The newspaper claimed “recruitment agencies are telling potential candidates that they will not interview them if they have not yet obtained security clearance”.
Marketing and media recruiter Xchangeteam is opening up a West of England-based recruitment division to open up additional freelance and permanent opportunities.
Less than 10% of executive search firms plan to add professional staff in the next three months, according to ExecuNet’s March Search Firm Hiring Index.
This is despite a rise in both short- and long-term confidence in the executive employment market.
RBS fraud trial
Secret No 2 in the series of seven secrets of top producing executive recruiters
The Interim Management Association (IMA) has appointed Marcus Astley, managing director of management resource provider Niche Resources, and Tarquin Bennett-Coles, director of RSA Interims, IMA executive board members responsible for external affairs.
Peter Cullimore
The number of jobs open to skilled migrant workers will be cut by 270,000 under proposals put forward by a Home Office committee.
Building energy efficiency targets has increased requirement for personnel with knowledge of sustainability and energy efficiency, according to recruiters.
Mike McNally, business director at Hays Building Services, told Recruiter: “All organisations are targeting these individuals, especially during a recession, as businesses are looking to save money on their fuel bills.