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As many as 1,777 new agency businesses have been registered with Companies House from 1st January – 1st March 2018, which an increase of 9% from 1,621 compared to the same period last year.

According to the findings from Clearly PR, the total number of UK recruitment agencies is at 37,052, which is the highest on record.

Paul MacKenzie-Cummins, Managing Director at Clearly PR, commented, “The recruitment industry continues to defy expectations.

“Despite media reports and some economic forecasters predicting a dip in employer hiring intentions as we edge closer to the UK’s formal withdrawal from the European Union, the opposite is happening. This is serving to fuel the continued growth of the sector.

“2017 was a year of record growth for the recruitment industry and with a marked rise in the number of new entrants to the market over the last two months, combined with a steadying of organisational confidence in the economy, we anticipate 2018 to be another record year.”

Industry growth is to be welcomed. But Clearly PR says it comes with its own set of unique challenges – the biggest being how agencies can retain and gain a competitive advantage in a fast-growing market.

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He added, “The need for recruitment business leaders and marketers to both understand what sets them apart from their competitors and how to ‘sell’ that difference in a way that makes them a go-to agency of choice, has never been greater.

“We have seen a surge in demand among recruitment agencies looking to raise their profile, promote brand ambassadors among their consultant base, and position themselves as leading authorities within each of the sectors they operate.

“They recognise that longevity in the market can only get them so far – the new players in the game know they don’t have that to trade on, so they tend to be more proactive in getting their name ‘out there’. Typically, this involves producing engaging and informative content on their websites and social media or featuring as ‘experts’ in leading industry and business publications.”

To find out more about contracting please contact Sophie on 01442 795 100 or email sophie.lewis@dolanaccountancy.com

Why Thousands of Contractors Choose Dolan Accountancy

With over 25 years experience in contractor accountancy helping thousands of contractors, freelancers and the self employed, Dolan Accountancy has the specialist skills, reputation and credibility you can trust.

Working closely with our sister company, Contractor Umbrella, it means we can offer one low cost, fixed fee package at £125 + VAT. This gives you the flexibility of using both our Limited Company Accountancy Services and our award winning Umbrella Service, for one inclusive cost.

If you’d like to find out more about how Dolan Accountancy can help you and your business, please give us a call on 01442 795 100 or email sophie.lewis@dolanaccountancy.com or jaime.thorpe@dolanaccountancy.com.

We don’t believe in tiered packages or hidden extra fees, instead we aim to give you everything you need, including:

  • Free Company Formation – This is where it all begins. Once you have decided on an available name, we will form your company free of charge (if using our accountancy services) and it will be ready for you to use in as little as three hours
  • Free use of Contractor Umbrella – With IR35 Legislation changes we understand that sometimes you are required to contract via an umbrella company. We will keep your limited company ticking over, while you work margin free via our sister company, Contractor Umbrella
  • A Dedicated Accountant – Your accountant will be there for any company or personal tax advice that you require. We will never outsource work, even to internal teams
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  • Unlimited IR35 Status Reviews – We will review all of your contracts for IR35 purposes and provide you with our professional opinion as to its status
  • Free Registered and Director’s Service Office Address – Sometimes you just don’t want your home address on display at Companies House. When you sign up to our accountancy services, we will offer the use of our address as an alternative
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