Faststream Recruitment

Faststream Recruitment Group is the world’s leading Shipping and Maritime recruiters. Established in 1999, Faststream specialise in recruitment throughout the Shipping and Maritime sector. Our areas of recruitment expertise include Ship Management, Commercial Shipping, Marine, Jobs at Sea, OEM’s & Marine Sales, Ship Design & Shipbuilding, Corporate & Professional, Superyachts, Skilled Trades and Oil & Gas. We are specialists in sourcing hard-to-find talent for our clients across the globe. Our services include contract and interim recruitment, permanent jobs, executive search and headhunting. Faststream operates from key maritime locations in the UK, Singapore and North America where we service clients and candidates throughout EMEA, the Americas and Asia-Pacific.
Company Growth (employees)
Type
Private
HQ
Southampton, GB
Founded
1999
Size (employees)
117 (est)
Faststream Recruitment was founded in 1999 and is headquartered in Southampton, GB

Faststream Recruitment Office Locations

Faststream Recruitment has offices in Southampton and Singapore
Southampton, GB (HQ)
30 Channel Way

Faststream Recruitment Metrics

Summary Metrics

Founding Date

1999

Faststream Recruitment Financial Metrics

Faststream Recruitment's revenue was reported to be £21.2 m in FY, 2016 which is a 23% decrease from the previous period.

Revenue (FY, 2016)

£21.2 m

Revenue growth (FY, 2015 - FY, 2016), %

(23%)

Gross profit (FY, 2016)

£2 m

Gross profit margin (FY, 2016), %

9%

Net income (FY, 2016)

(£906.1 k)

Cash (31-Mar-2016)

£744.6 k
FY, 2014FY, 2015FY, 2016

Revenue

£27.8 m£27.4 m£21.2 m

Revenue growth, %

(2%)(23%)

Cost of goods sold

£24.6 m£24.7 m£19.2 m

Gross profit

£3.2 m£2.7 m£2 m

Gross profit Margin, %

12%10%9%

Operating expense total

£2.4 m£2.4 m£2.9 m

Pre tax profit

£806.3 k£282.8 k(£962.7 k)

Net Income

£618.1 k£221.7 k(£906.1 k)
FY, 2014FY, 2015FY, 2016

Cash

£189.7 k£250.5 k£744.6 k

Accounts Receivable

£3.4 m£3.4 m£2.1 m

Current Assets

£4.4 m£5 m£3.9 m

PP&E

£407.4 k£403 k£267 k

Total Assets

£4.8 m£5.4 m£4.2 m

Accounts Payable

£130.4 k£848 k£4.8 k

Current Liabilities

£2.6 m£3.3 m£3 m

Retained Earnings

£268.1 k(£78.3 k)(£906.1 k)

Total Equity

£2.2 m£2.2 m£1.2 m

Financial Leverage

2.2 x2.5 x3.4 x
FY, 2014FY, 2015FY, 2016

Income Taxes Paid

(£188.3 k)(£61.1 k)£56.6 k
Y, 2016

Financial Leverage

3.4 x

Faststream Recruitment Online Presence

Faststream Recruitment Company Life

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