The True Economist Ltd
Active09454270Professional servicesIncorporated 23 Feb 2015 · Hatfield
Recruitment Agency
Revenue
£3.8m
▼ -8.3% vs prior ~12m period
Profit after tax
£41k
Margin 1.3%
Employees
20
▲ +100.0% vs prior ~12m period
Net assets
£82k
Total assets £225k
Financial history
Revenue by accounting period
6 periods available · ▲ growth ▼ decline
Aug 2020Not available
Aug 2021
£461k
Aug 2022
£9.3m▲ +1926.1%
Aug 2023
£9.7m▲ +4.2%
Aug 2024
£4.2m▼ -57.4%
Aug 2025
£3.8m▼ -8.3%
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Aug 2025 | £3.8m | ▼ -8.3% | £50k | 20 | £82k |
| 31 Aug 2024 | £4.2m | ▼ -57.4% | £35k | 10 | £113k |
| 31 Aug 2023 | £9.7m | ▲ +4.2% | £34k | 31 | £77k |
| 31 Aug 2022 | £9.3m | ▲ +1926.1% | £63k | 10 | £51k |
| 31 Aug 2021 | £461k | — | £223k | 1 | -£189k |
| 31 Aug 2020 | — | — | — | 1 | £8k |
Latest available figures
Period ending 31 Aug 2025. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £3.8m
- Gross profit
- £3.6m
- Operating profit
- £50k
- Profit before tax
- £50k
- Profit after tax
- £41k
Balance sheet
- Total assets
- £225k
- Cash
- £225k
- Total liabilities
- £143k
- Net assets
- £82k
- Revenue per employee
- £190k
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