Children’s care recruitment agency cornering a growing and under-saturated market. | Care2recruit (temps)

Care2Recruit (temps) is a recruitment agency that specialises in the recruitment of workers in children’s social care. They have been in operation for five years, and their director has previous experience in both health and social care, and recruitment. They cater to both temporary and permanent positions across children’s social care, with roles from fostering to Nursery staff, as well as providing some services to recruitment in adult social care.

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To connect compassionate professionals with organisations dedicated to improving the lives of vulnerable people.

Before I founded Care2Recruit (temps), I was working as a Manager in Health & Social Care and followed that by working in the Recruitment Industry as a senior consultant. Fusing the essential components of both sectors, I founded Care2Recruit (temps) as a first class service to clients and candidates looking for temporary or permanent recruitment solutions in health and social care.

Care2Recruit Temps aims to become a leading provider of talent solutions in the social care sector. By leveraging strategic investments and innovative approaches, we seek to address the growing demand for qualified professionals in this critical industry. Our agency specialises in recruiting and placing skilled professionals in various roles within the social care sector, including caregivers, social workers, children's home managers and Executive staff We are committed to providing exceptional service to both clients and candidates, ensuring that the needs of vulnerable populations are met with compassion and professionalism. We are proud to have become in a short time one of the leading specialist residential childcare recruitment companies.

Care2Recruit (temps) is an innovative young niche recruitment agency that has cornered a significant chunk of the highly valued children's social care recruitment market across both temporary and permanent recruitment. Our year on year growth has been excellent and we are constantly exploring new sub markets within this highly funded and resourced sector. We welcome investment towards our attempts to gain further market access to Fostering Recruitment, Nursery recruitment and across adult social care. Join us on this exciting journey delivering success at every level.

Credit commentary

The director Afhshad Mahmood is providing a personal guarantee, which means should the business fail and have insufficient assets within the business to repay the loan, we can look to the guarantor(s) to repay any shortfall on repayment. There have been no CCJs for the business or director. The Equifax score and grade, on which we base our assessment of risk, are based on the 2023 accounts. This is a temporary employment agency that has experienced a consistent turnover in the past two years. As per the management accounts, the EBITDA stands at £161K. The TNW is positive at £49M, with a net gearing of -179%, this is within our credit policy. The bank statements show reasonable affordability, and the accounts are in good standing, with no negative balances.

Inflation risk

As the majority of lending to the business is at a fixed rate, they will not be immediately affected by interest rate increases since the business’s industry provides enough margins and regular work in a specialist niche market. The directors do not expect to draw money from the business as the funds will be used for hiring new staff and property refurbishment.

CARE2RECRUIT (TEMPS)

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CARE2RECRUIT (TEMPS)

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