Information agency Credinform has prepared a review of trends in activity of the recruiting agencies. The largest companies (TOP-1000) in terms of annual revenue were selected according to the data from the Statistical Register and the Federal Tax Service for the latest available periods (2011 – 2020). The company selection and analysis were based on data of the Information and Analytical system Globas.
The largest company in terms of net assets is LLC EDINYI MIGRATSIONNYI TSENTR, INN 7842421041, St. Petersburg, activities of insurance agents and brokers. In 2020 net assets of the company amounted to more than 4,4 billion RUB.
The smallest size of net assets in TOP-1000 had Exect Partners Group Limited Liability Company, INN 7710734513, Moscow, activities of employment placement agencies. The lack of property of the company in 2020 was expressed in negative terms -387 million RUB.
For the last ten years, the average industry values of net assets and growth rates showed the upward tendency (Picture 1).
For the last five years, the share of ТОP-1000 enterprises with lack of property demonstrated the positive decreasing trend (Picture 2).
In 2020, the total revenue of 10 largest companies amounted to 27% from ТОP-1000 total revenue (Picture 3). This fact testifies the relatively high level of competition among companies of this type of activity.
Within the last ten years, the decreasing trend in sales revenue with upward dynamics of growth rates is observed (Picture 4).
Profit and loss
The largest company in terms of net profit is also LLC EDINYI MIGRATSIONNYI TSENTR, INN 7842421041. The company’s profit amounted to almost 193 million RUB.
For the last ten years, the average profit values and growth rates show the decreasing tendency (Picture 5).
Over a five-year period, the average net profit (loss) values of ТОP-1000 show the negative tendency (Picture 6).
Main financial ratios
For the last ten years, the average values of the current liquidity ratio were within the recommended values - from 1,0 to 2,0, with growing trend (Picture 7).
Within ten years, the decreasing trend of the average values of ROI ratio is observed (Picture 8).
For the last ten years, this business activity ratio demonstrated the decreasing trend (Picture 9).
89% of ТОP-1000 companies are registered in the Unified register of small and medium-sized enterprises of the Russian Federal Tax Service. Herein, their share in TOP-1000 total revenue amounted to more than 51%, which is 2,5 times higher than the national average value in 2018 – 2019 (Picture 10).
Main regions of activity
TOP-1000 companies are registered in 66 regions of Russia (this is 78% of territorial subjects of the Russian Federation) and are unequally located across the country. Almost 68% of the largest enterprises in terms of revenue are located Moscow and St.Petersburg (Picture 11).
Financial position score
An assessment of the financial position of TOP-1000 companies shows that the largest part has the average financial position (Picture 12).
Solvency index Globas
Most of TOP-1000 companies got superior/high and strong/medium Solvency index Globas, this fact shows the ability of the companies to meet their obligations in time and fully (Picture 13).
A complex assessment of the largest recruiting agencies demonstrates the presence of positive trends within 2011-2020 (Table 1).
|Trends and assessment factors||Relative share, %|
|Dynamics of average net assets value||10|
|Growth/drawdown rate of average net assets value||10|
|Increase / decrease in the share of enterprises with negative net assets||10|
|The level of monopolization / competition||10|
|Dynamics of average revenue||-10|
|Growth/drawdown rate of average revenue||10|
|Dynamics of average profit (loss)||-10|
|Growth/drawdown rate of average profit (loss)||-10|
|Increase / decrease in average net profit||-10|
|Increase / decrease in average net loss||10|
|Increase / decrease in average values of current liquidity ratio||10|
|Increase / decrease in average values of ROI ratio||-10|
|Increase / decrease in average values of assets turnover ratio, times||-10|
|Share of small and medium-sized businesses by revenue more than 20%||10|
|Financial position (the largest share)||5|
|Solvency index Globas (the largest share)||10|
|Average value of factors||1,2|
favorable trend (factor), unfavorable trend (factor)
When conducting on-site inspections, the supervisory authorities need to take samples of products or goods. The Decree of the Russian Federation Government No. 1299 dated 03.08.2021 establishes the rules for compensating costs of such products.
The conditions for compensation of lost products' cost seized during on-site inspections are:
- no violations of mandatory requirements for safety or product quality based on results of the inspection;
- products cannot be returned due to the loss of their consumer properties or according to the rules of their sale;
- cost of lost products is more than 10 thousand rubles.
To compensate the cost, it is necessary to send the following documents to the supervisory authority using its official website (information system) on the Internet or by e-mail no later than 3 months from the date of drawing up on-site inspection report:
- statement indicating name of the lost product, its cost and bank details;
- images or scanned copies of documents in electronic form (if there are any) confirming legality of ownership of lost products and their cost price.
Users of the Information and Analytical system Globas have the opportunity to access the information about all inspections of economic entities in the section "Inspections' plan of supervisory authorities" in company's report.