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)
120 (est)+3%
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 Data and 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.
GBP

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
GBPFY, 2014FY, 2015FY, 2016

Revenue

27.8 m27.4 m21.2 m

Revenue growth, %

(2%)(23%)

Cost of goods sold

24.6 m24.7 m19.2 m

Gross profit

3.2 m2.7 m2 m

Gross profit Margin, %

12%10%9%

Operating expense total

2.4 m2.4 m2.9 m

Pre tax profit

806.3 k282.8 k(962.7 k)

Net Income

618.1 k221.7 k(906.1 k)
GBPFY, 2014FY, 2015FY, 2016

Cash

189.7 k250.5 k744.6 k

Accounts Receivable

3.4 m3.4 m2.1 m

Current Assets

4.4 m5 m3.9 m

PP&E

407.4 k403 k267 k

Total Assets

4.8 m5.4 m4.2 m

Accounts Payable

130.4 k848 k4.8 k

Current Liabilities

2.6 m3.3 m3 m

Retained Earnings

268.1 k(78.3 k)(906.1 k)

Total Equity

2.2 m2.2 m1.2 m

Financial Leverage

2.2 x2.5 x3.4 x
GBPFY, 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 and Social Media Presence

Faststream Recruitment Company Life and Culture

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