Recruitment industry continues to grow

(2 minutes to read)

Latest data has shown that the total number of newly registered recruitment agencies in the UK was higher in April than at any time over the last six years.

The recruitment industry continues to thrive, with recent figures revealing that there are now nearly 40,000 agencies registered as trading in the UK.

Figures taken from Companies House by Clearly PR, found that a total of 1,199 agencies were registered as newly trading agencies between 1st – 30th April, compared to 981 in March.

This puts the start-up rate for recruitment agencies higher last month than at any time since 2012. Since the start of 2018, over 3,900 (3,957) have been registered.

According to Clearly PR, the continued rise in the number of recruitment start-ups is reflective of the confidence of the sector compared to other areas of the economy.

While several industries have seen a downturn as a consequence of the government’s failure to provide clarity over Britain’s trading relationship with Europe once Brexit comes into effect, the recruitment industry remains buoyant.

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Paul MacKenzie-Cummins, managing director at Clearly PR, said, “The skills shortage continues to trouble many employers. Companies are increasingly concerned about their ability to find and attract the right talent to fill their vacancies – it is getting harder for them.

“For a growing number of employers, seeking external support in the form of a recruitment agency has moved from being a nice-to-have to an essential element of their hiring strategy. This is fuelling the recruitment start-up economy which is enjoying its fastest growing period in years.”

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

Why Dolan Accountancy?

Dolan Accountancy was set up by Simon J Dolan, the man behind the well-known brand SJD Accountancy. With over 25 years experience in the contracting marketing, Dolan Accountancy has the heritage, 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 £95 + VAT per month. This gives you the flexibility of using both our Limited Company Accountancy Services and our award winning Umbrella Service, for one inclusive cost. 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 changes in Public Sector IR35 Legislation 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.
  • Free Access to FreeAgent – The founder behind the multi award winning FreeAgent platform was one of Simon’s first clients, therefore it only seems fitting that we offer all of our clients access to FreeAgent, free of charge.
  • Free Business Banking – We have decided to waive our commission so our clients can use Tide free of charge for the first year.
  • 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.
  • Your Business and Personal Taxation Needs – This includes Company Accounts, Director’s Personal Tax Return, VAT Returns, Payroll, Corporation Tax and Dividend advice, to name just a few.
  • Same day payments- We offer same day payments as standard providing funds are received into our account by 9am, for no additional fee.

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 795100 or email sophie.lewis@dolanaccountancy.com or jaime.thorpe@dolanaccountancy.com.

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