Widening performance gap between the Top 250 UK Employment Agencies companies revealed

Coming out on top, 25 of the UKís largest Employment Agencies companies have been named as best trading partners in a brand new publication by industry analysts Plimsoll Publishing.

25 companies named as best trading partners
These companies are getting both their commercial and financial performance right. They are delivering measured profitability and manageable sales growth while keeping any debts under control. Companies like BEST CONNECTION GROUP LTD (THE), VITAL SERVICES GROUP LTD and WYNNWITH ENGINEERING CO LTD figure in this section.

David Pattison, Senior analyst at Plimsoll, comments,
These are really the companies you would do well to have as customers or be doing business with. If you are looking to see how a Employment Agencies company should perform, then look no further than these 25 great businesses.

Other exceptional company performers include:

25 Aggressors
These companies have achieved an average 55% sales growth compared to 10.3% for the industry last year. As a group, they have increased sales by over 229 million in the last year.

25 most profitable
These companies averaged 9.6% margins compared to the industry normal of 1.6%. They benefit from a combination of good cost controls and low debts, hence low or zero interest payments.

25 most efficient
With figures like 775,000 sales per employee typical, these companies are proving the traditional benchmark of 216,000 sales per person to be dated. They have set new standards of productivity for others to follow. Yet these exceptional companies do not reveal the full industry picture. For many of the companies included in the full analysis, results have not been so encouraging.

Sections highlighting companies falling behind include:

10 losing pace
These companies are losing out in the market and suffering financially. Typically sales have fallen by -6.9% and they are losing money. They are also showing signs of financial weakness.

16 watch out for change
These companies are showing serious signs of financial strain. Typically, debt levels are high. They must start to fix their financial problems or risk failure.

39 potentially desirable to own
These companies are all losing money, yet they have high earning potential. Each has been given a future business plan to demonstrate how new owners might turn performance around.

6 capturing market share at cost
These companies have elected to capture market share, funding this growth with debt. Whilst the risk associated with this strategy is high, there can be a serious short term disruptive effect in the market.

David Pattison continues,
I think what this analysis is proving is the widening gap between these leading companies. There are some terrific performances out there mixed in with some very disappointing ones. The difference is blatant.

Some other areas highlighting the widening gap in performance

* Each company is given a current and future value
o 23 companies have seen their value halve
o 155 companies have seen their value double

* Each company is rated on its financial performance
o 127 companies are rated as strong
o 33 companies are rated as danger

* Each company is rated on its commercial strategy
o 60 companies are rated as winners
o 19 companies are rated as losers

* Each company is given a future plan year.
o 199 companies are set to expand
o 50 companies are set to retreat


Copies of the full 660 paged analysis are available from Plimsoll Publishing Ltd priced at 500, by calling 01642 626400 or visiting majorcompanies.co.uk for further details. Readers can request a 5% discount when ordering.