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Longbridge Recruitment 360 Ltd
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In the past few months there has been a huge increase in demand for industrial disease lawyers of all levels throughout the country, but interestingly especially in the South despite the fact that previously the North held the dominance on the world of ID claims.

With many of the London PI firms getting more interested in starting ID departments or expanding their existing one, now is the time to possibly re-consider your career chances and consider a move South, whether it be to London or elsewhere in the South or South-West.

If you are an asbestosis specialist you are particularly in demand, which again is interesting considering a few years ago the experts said that asbestos claims would die out with 10 years. Clearly, not going to happen and the amount of claims continues to rise at a decent level.

So many PI lawyers were in the depths of depression before Jackson and now, as always, firms are beginning to come to terms with the funding changes, and the move towards ID and Clinical Negligence is clearly the path that firms feel is right to follow.

Longbridge Law specialise in personal Injury, Industrial disease, and Clinical Negligence appointments  so please do feel free to contact either Daniel Lewis or Ryan King on 0207 464 1964 for more information.
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Quarterly Message from the Executive Chairman
  
To all associates and employees of Staffing 360 Solutions, Inc. (Ticker: STAF):
 
You may have noticed that on April 14th we released our latest financial results. These results, which were filed with the SEC, covered the quarter and nine months ending February 28, 2015. Additionally, yesterday I issued a quarterly message to our shareholders discussing, in further detail, the results of the Company.
 
It has, and will always, give me great pleasure to announce that the Company has continued to make strong progress and for that I thank each and every one of you for your hard work and dedication, especially that shown towards our clients and candidates.
 
The following are the headline numbers:
  
Staffing 360 Solutions, Inc. and Subsidiaries
Condensed Consolidated Statements of Operations (Unaudited)
   
For the Three Months Ended February 28, 2015
Revenue - $30,963,598
Gross Profit - $5,525,569
Net Loss Attributable to STAF - $(80,789)

For the Three Months Ended February 28, 2014
Revenue - $15,799,695
Gross Profit - $3,206,989
Net Loss Attributable to STAF - $(1,763,362)

We are extremely pleased to report these results as our business has improved by leaps and bounds in almost every category. Despite this being, historically, our seasonally weakest quarter due to the winter weather, our fiscal Q3 revenue nearly doubled to $31.0 million, year-over-year, from $15.8 million.  Not only have we expanded through acquisitions, our underlying operations are showing strong 19% organic growth year-to-date, which is nearly double the entire staffing industry growth rate of 9.6% in 2013, the most current year available.
 
In addition to growth in revenue, we achieved positive Adjusted EBITDA (Earnings Before Interest Taxes Depreciation and Amortization) for the second quarter in a row and are positive year-to-date. Lastly, we reported Non-Adjusted EBITDA profitability for the first time.  This is a major achievement for us and several quarters ahead of schedule.
 
Net loss has improved to $81,000, compared to a loss of $1.8 million last year. 
 
Every time that one of the Executive Committee attends a conference or trade function, there are dozens of people that already know our story, our accomplishments, and they are excited to see what we will achieve next.
 
During the course of the last reporting period each of our acquisitions has performed extraordinarily well.  I would like to take this moment to recognize all of the employees of Monroe Staffing Services 360, Longbridge Recruitment 360, PeopeSERVE 360 and Control Solutions International 360. I commend and thank all of you for the efforts that have gone into delivering such remarkable growth in just 24 months.
 
Our management team and board of directors continues to explore and evaluate further acquisitions and, as you may have heard on our recent Earnings Conference Call we have four potential acquisitions that are under signed Letter of Intent. A Letter of Intent is an agreement (albeit non-binding) between two parties to enter into a transaction together. The combined revenues of these four transactions is over $180 million annualized. This growth will certainly result in more milestone announcements throughout 2015 and beyond.
 
To fuel our future growth requires significant capital and support of our operations.  So this is why we were pleased to announce our successful raise of $25 million through a revolving credit facility and a $3 million term loan with MidCap Financial, which is managed by a subsidiary of Apollo Global Management, one of the world's leading alternative investment managers.
 
If you happened to follow Staffing 360 Solutions’ earnings call on April 16th, you may have noticed the strong reaction we received from the MidCap deal and our earnings results by the public markets.  If you haven’t had a chance to listen to the call, I highly recommend you take advantage of the archived webcast when you have an opportunity.  Our stock rose on significant volume by almost 100% in a single day of trading and is, as I write, up 185% on the price prior to the release of our Earnings. 
 
In fact, in light of our recent trading activity, we received numerous inquiries from employees wondering how they could purchase shares on the open market and whether they could become shareholders of Staffing 360 Solutions.  The short answer is as long as an employee doesn’t have material, non-public information, there are certain trading windows during which employees can purchase shares. 
 
You can contact Darren Minton, our Executive Vice President, if you have any questions: darren@staffing360solutions.com. Before any trading can commence, you must receive pre-clearance from our Compliance Officer and CFO, Jeff R. Mitchell: jeff@staffing360solutions.com. 
 
Needless to say, this is an exciting time, not only for our company, but for our employees and shareholders alike.
 
With the economy continuing to improve in our primary markets of the US and the UK, the resulting market forces are supporting our vision and providing Staffing 360 Solutions with even more opportunities to expand and add additional staff and services. You should all take great pride in the journey so far and get as prepared as possible for the remarkable journey to come.

Respectfully,
 
Brendan Flood
Executive Chairman  
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Staffing 360 Solutions Announces Financial Results for Fiscal Q3 2015
 
Company Reports Revenue of $31.0 Million and Positive Adjusted EBITDA of $148,000 for the Fiscal Quarter Ended February 28, 2015

NEW YORK, NY--(Marketwired - Apr 14, 2015) - Staffing 360 Solutions, Inc. (OTCQB: STAF), a public company executing a global buy-and-build strategy through the acquisition of staffing organizations with operations in the US and Europe, today released its financial results for its fiscal quarter ended February 28, 2015.

"We continue to achieve new milestones every quarter," stated Brendan Flood, Executive Chairman of Staffing 360 Solutions. "First and foremost, our acquisition strategy has fueled our expansion from around $15.8 million in revenue in fiscal Q3 2014 to approximately $31.0 million in Q3 2015. In addition, we have now achieved positive Adjusted EBITDA for two quarters in a row, which has been a strategic objective within our Pathway to Profitability. Lastly, we are closer than ever to reaching our longer term goal of positive net income. With all of these developments at Staffing 360, it is clear our growth story and long term journey are beginning to take shape."

Summary of Fiscal Q3 2015 (Three Months Ended February 28, 2015)

• Net revenues increased to $31.0 million, compared to $15.8 million in the quarter ended February 28, 2014.
• Gross profit increased to $5.5 million, compared to approximately $3.2 million in the quarter ended February 28, 2014.
• Net loss decreased to approximately $81,000*, compared to a net loss of approximately $1.8 million in the quarter ended February 28, 2014.
• Adjusted EBITDA was approximately $148,000* in the quarter ended February 28, 2015.

* A table has been included in this press release with Non-GAAP adjustments to the Company's net loss of approximately $229,000 resulting in Adjusted EBITDA of $148,000.

"As our management team has stated in the past, our revenue typically shows a ... 

Click here to read the full article
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Staffing 360 Solutions to Host Fiscal Second Quarter Earnings Conference Call on January 21, 2015 

Management Team to Discuss Recent Developments That Have Laid the Groundwork for Future Growth and M&A Opportunities
 
NEW YORK, NY--(Marketwired - Jan 16, 2015) - Staffing 360 Solutions, Inc. (OTCQB: STAF), a public company executing a global buy-and-build strategy through the acquisition of staffing organizations with operations in the US and Europe, will host a conference call on Wednesday, January 21, 2015 at 8:00 am Eastern Time to discuss its financial results for the fiscal second quarter ended November 30, 2014. Staffing 360 Solutions' Quarterly Report on Form 10-Q and corresponding earnings release are expected to be filed on January 20, 2015.

Speakers will include: Brendan Flood, Executive Chairman; Matt Briand, Chief Executive Officer; Jeff Mitchell, Chief Financial Officer; and Darren Minton, Executive Vice President of Staffing 360 Solutions. The conference call will include a Q&A session where investors will have the opportunity to ask questions of the senior management team.

"Staffing 360 Solutions is looking forward to discussing our exciting developments in more detail," stated Brendan Flood, Executive Chairman of Staffing 360 Solutions. "Investors are encouraged to dial-in and learn more about our acquisition strategy as we aim to achieve positive Adjusted EBITDA, our recent above-market debt conversions and deferrals tied to our Pathway to Profitability, management's M&A plans, as well as our strategic initiatives for the next 12 months."

The teleconference can be accessed by dialing 877.407.0778 within the United States, 800.756.3429 within the UK, or 201.689.8565 internationally. Please dial in 10 minutes prior to the beginning of the call. There will be a playback of the teleconference available until January 27, 2015. To listen to the playback dial 877.660.6853 within the United States or 201.612.7415 internationally and use replay ID number: 13598847.

The conference call will be simultaneously webcast and available at:
http://www.investorcalendar.com/event/173535

About Staffing 360 Solutions, Inc.
Staffing 360 Solutions, Inc. (OTCQB: STAF) is a public company in the staffing sector engaged in the execution of a global buy-and-build strategy through the acquisition of domestic and international staffing organizations with operations in the US and Europe. The Company believes the staffing industry offers opportunities for accretive acquisitions that will drive its annual revenues to $300 million. As part of its targeted consolidation model, the Company is pursuing acquisition targets in the finance and accounting, administrative, engineering, IT and cybersecurity industries.

For more information, please visit: www.staffing360solutions.com
Follow Staffing 360 Solutions on Facebook, LinkedIn and Twitter.

Forward-Looking Statements
Certain matters discussed within this press release are forward-looking statements including, but not limited to the timing and ability to enter into any additional acquisitions, as well as the size of future revenue. Although Staffing 360 Solutions, Inc. believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Specifically, in order for the Company to achieve annualized revenues of $300 million, the Company will need to successfully raise sufficient capital, to consummate additional target acquisitions, successfully integrate any newly acquired companies, organically grow its business, successfully defend current and any potential future litigation, as well as various additional contingencies, many of which are unknown at this time and generally out of the Company's control. The Company can give no assurance that the Company will be able to achieve these objectives. Staffing 360 Solutions does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions and other risks detailed from time to time in Staffing 360 Solutions' reports filed with the SEC, including quarterly reports on Form 10-Q, reports on Form 8-K and annual reports on Form 10-K. 
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Executive Chairman, Brendan Flood, and CEO, Matt Briand, Among Note Holders Converting Principal and Interest Into Equity at $1.00 per Share. 

NEW YORK, NY--(Marketwired - Dec 22, 2014) - Staffing 360 Solutions, Inc. (OTCQB: STAF), a public company executing a global buy-and-build strategy through the acquisition of domestic and international staffing organizations with operations in the US and Europe, today announced that as part of its Pathway to Profitability, the Company has converted or agreed to convert approximately $3.3 million of the principal and interest of certain promissory notes issued in connection with the acquisition of Initio International Holdings, Inc. into shares of common stock at $1.00 per share, plus warrants.

A total of eleven (11) note holders, including the Company's Executive Chairman, Brendan Flood, and CEO, Matt Briand, participated in this conversion. This debt into equity conversion will reduce Staffing 360 Solutions' leverage ratio, as well as monthly interest expenses, allowing management more flexibility to continue its Pathway to Profitability. Furthermore, in exchange for certain equity consideration, an additional Initio note holder agreed to defer all principle and interest payments due under their respective note for 4 1/2 years.

"This conversion of debt into equity is a major milestone for the Company as we strive to improve our balance sheet and cash flow," stated Mr. Flood. "As two of the largest note holders, Matt and I believe this latest achievement demonstrates our deep faith in Staffing 360, our quality clients and our passionate team of employees. Although the share price has declined over the past several weeks, we do not believe this reflects the current outlook of the Company. We believe our conversion at $1.00 per share demonstrates our firm commitment to Staffing 360's long-term goals."

Mr. Briand added, "Working with note holders that share our strategic vision to increase their vested interest in the Company underscores our strong belief in the Pathway to Profitability and the strategic direction of Staffing 360 Solutions. Our management team is moving wholeheartedly to execute this strategy and we remain highly focused on continuing to grow our business both organically and through highly selective acquisitions."

The management team previously mentioned during its fiscal Q1 earnings conference call that the conversion of debt into equity would result in a non-cash accounting charge. Further details will be available in the Company's upcoming 10-Q filing for the fiscal second quarter ended November 30, 2014.

About Staffing 360 Solutions, Inc.

Staffing 360 Solutions, Inc. (OTCQB: STAF) is a public company in the staffing sector engaged in the execution of a global buy-and-build strategy through the acquisition of domestic and international staffing organizations with operations in the US and Europe. As part of its targeted consolidation model, the Company is pursuing acquisition targets in the finance and accounting, administrative, engineering, IT and cybersecurity industries. For more information, please visit: www.staffing360solutions.com

Follow Staffing 360 Solutions on Facebook, LinkedIn and Twitter.

Forward-Looking Statements

Certain matters discussed within this press release are forward-looking statements including, but not limited to, the ability to enter into any additional acquisitions and the size of future revenue. Although Staffing 360 Solutions, Inc. believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Staffing 360 Solutions does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions and other risks detailed from time to time in Staffing 360 Solutions' reports filed with the SEC, including quarterly reports on Form 10-Q, reports on Form 8-K and annual reports on Form 10-K.
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Taking the Plunge: Building a new website.

Check out the interview in this months Recruitment International magazine!

http://bit.ly/1yyJutX 
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Staffing 360 Solutions' Executive Chairman Releases Letter to Shareholders.

Brendan Flood Updates Shareholders and Speaks to Future Corporate Initiatives With the Company's Consolidation Strategy in the Fragmented Staffing Industry.  

Dear Shareholders:

As the Executive Chairman of Staffing 360 Solutions, it is my pleasure to highlight details of our exciting new corporate initiatives and to discuss our plans for the future. Going forward, my intent is to regularly inform current shareholders and potential investors of our progress and achievements as we position the company to achieve our publicly stated objective of $300 million in revenues. We believe the highly fragmented staffing industry, combined with our buy-and-build consolidation strategy, highly experienced leadership team, and our significant pipeline of acquisition targets will push us past our goal in the next 24 months.

Since this time last year, we have already grown from $5 million in revenues, to over $130 million in revenues on a current annualized basis. In addition, our combined business units now include over 3,000 full-time and contract employees across the United States and the United Kingdom.

However, before I get into too much detail, for those of you that may be new to the company, let me explain what makes the staffing industry so attractive for our buy-and-build strategy.

First, the staffing industry is large, growing and here to stay. After the post-2008 recession, entire economies and workforces around the world have had to adapt and become much more flexible. Companies ranging from small businesses to Fortune 500 enterprises are deploying more temporary staffing services and they are outsourcing job functions that don't relate to their core business, especially in flourishing sectors such as finance and accounting, engineering and cybersecurity.

Globally, staffing companies generate more than $400 billion in annual revenue, according to 2013 data from Staffing Industry Analysts (SIA). There are approximately 70,000 private employment services agencies around the world, with the top 10 companies accounting for about a third of industry sales. Overall, the US is the largest single country in the world's staffing market, with $124 billion of revenue, while Europe is the largest region, representing approximately 40% of global revenue.

To provide some sense of the M&A opportunities, the high-growth staffing market is very fragmented with an estimated 15,000 companies, each generating less than $20 million in revenues in the United States alone. The 50 largest staffing companies in the US generate only 40% of annual US industry revenues.

For an emerging public company like Staffing 360 Solutions, the expanding staffing industry is a fantastic opportunity because there are so many acquisition targets from which to choose. Staffing 360 is committed to creating a major international publicly-held staffing organization through our targeted acquisition strategy.

Since inception we have acquired five staffing companies, ranging from $5 million in annual revenues to over $80 million in annual revenues. We had a single acquisition under our belt this time last year: Cyber 360 Solutions. Since then, we have completed four additional acquisitions: Control Solutions International, Initio International Holdings Limited, Poolia UK and PeopleSERVE. We believe that these acquisitions -- and the larger critical mass we have been able to achieve as a result -- improves our attractiveness to acquisition targets.

In fact, the primary initiative at Staffing 360 Solutions right now is what we call our "Pathway to Profitability." This touches every part of our organization, including reducing costs, streamlining corporate overhead and growth through our highly targeted M&A program. As mentioned previously, we have a publicly-stated aim of getting to $300 million in annualized revenues. To achieve this objective, we have developed a detailed list of potential acquisition targets -- our M&A Pipeline -- with combined revenues in excess of $600 million.

While we will not be able to execute all of these transactions, and indeed we may not want to if the fit is not right, what is clear to us is that there are many excellent staffing companies in the United States and the United Kingdom that are eager to join our journey. We will continue to update the market as we make progress on this initiative.

On our earnings calls I have also discussed the cost reduction initiatives as part of our Pathway to Profitability and promised to follow up with more detail. We are fully committed to becoming profitable as soon as possible. Our expectation is that we will move into profitability on an Adjusted EBITDA basis during Fiscal 2015. Moving to profitability at a net income level will be driven by the timings of the acquisitions that we make and the one-off costs incurred in completing these acquisitions.

As we reduce costs and maximize efficiencies across our organization we are focusing on the following areas:
•Reviewing the debt on our balance sheet with a view to converting a significant portion to equity. We have been very successful in debt conversions over the past twelve months and we look forward to continuing the same level of success.
•Materially evaluating and reducing our corporate overhead as we become a more mature business with different support needs.
•Integrating our acquired operations to improve efficiencies and operational excellence.

Our overall mission is to continue to acquire larger and increasingly more attractive companies with strong margins as we drive for profitability in 2015 and beyond.

Last but not least, we plan to uplist to a national exchange as soon as we meet all listing requirements. As part of this mission, we are pleased to announce that we have submitted our initial application with NASDAQ. Based on our analysis, the Company believes it will qualify for the alternate bid price criteria, which would allow us to uplist to a national exchange based on a $2.00 bid price. This threshold can be achieved through a reverse stock split -- which is a common practice for companies that uplist from the OTC markets -- and I believe this would be an exceptionally positive development as long as it is done in conjunction with our move to a national exchange.

In fact, I am confident that a national exchange listing such as NASDAQ will be of tremendous benefit to existing and potential shareholders alike. Not only would we expect a national exchange listing to attract additional investors and increase liquidity, we would also expect it to make Staffing 360 Solutions available to a broader segment of the institutional investment community.

In summary, our pipeline is stocked with quality targets, and I expect to announce more completed acquisitions throughout the fiscal year as we get closer to our publicly stated objective of reaching $300 million in revenue.

Staffing 360 Solutions represents a tremendous opportunity for rapid growth in both the United States and around the world. As we continue to implement Staffing 360's high-growth acquisition model, we remain committed to growth in revenues, growth in earnings and growth in shareholder value.

I thank you for your attention and continued support. We look forward to maintaining an open dialogue between management and our shareholders. For further information, please visit the "Investors" section of our website at:
www.staffing360solutions.com/investors.html.

Respectfully,

Brendan Flood
 Executive Chairman
 Staffing 360 Solutions, Inc.
 Ticker: STAF 
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Is the economic recovery over even before salaries had a chance to rise? 

Throughout the last 12 months there has been a genuine collective optimistic look at the recovery of the European economy, but in the last reports there now seems to be a growing fear that the Eurozone is again set to fall into a downward spiral. 

With most of the European stock markets falling due to poor monthly reports, worsening forecasts and the value of oil dropping to its lowest points since 2012. We’ve all seen the stock markets and profits rise but following over 5 years of stagnant salary levels in the city, surely it can’t be over before salaries have had their chance to grow?

See more at: http://www.longbridge.com/about/blog/2014/10/is-the-economic-recovery-over-even-before-salaries-had-a-chance-to-rise-/#sthash.zTs4ZhKj.dpuf
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Company Anticipates Uplisting to a National Exchange Once It Meets All of the Necessary Listing Requirements.

Staffing 360 Solutions, Inc. today announced that it has filed an application for uplisting its common stock on The NASDAQ Capital Market. Such listing is dependent on the Company meeting all of the necessary listing requirements of NASDAQ. 

Staffing 360 Solutions, Inc. (OTCQB: STAF), a public company executing a global buy-and-build strategy through the acquisition of domestic and international staffing organizations with operations in the US and Europe, today announced that it has filed an application for uplisting its common stock on The NASDAQ Capital Market. Such listing is dependent on the Company meeting all of the necessary listing requirements of NASDAQ.

"We are pleased to announce our initial application with NASDAQ as we take the necessary steps to increase our visibility in the capital markets," stated Brendan Flood, Executive Chairman of Staffing 360 Solutions. "The steps we are taking to list on a national exchange validates our unwavering commitment to creating a major global staffing company with strong corporate governance and full transparency as we drive toward our stated mission of reaching $300 million in revenue."

Staffing 360 Solutions has already achieved a majority of the listing requirements. Based on management's analysis, the Company believes it will qualify for alternate bid price criteria, which would allow it to uplist to a national exchange based on a $2.00 bid price.

Mr. Flood continued, "The Board and our executive team are confident that a national exchange listing such as NASDAQ will be of tremendous benefit to existing and potential shareholders alike. Not only would we expect a national exchange listing to allow us to attract additional investors and increase liquidity, we would also expect it to make Staffing 360 Solutions available to a broader segment of the institutional investment community as we strive to improve our revenue, earnings and shareholder value."

About Staffing 360 Solutions, Inc.
Staffing 360 Solutions, Inc. (OTCQB: STAF) is a public company in the staffing sector engaged in the execution of a global buy-and-build strategy through the acquisition of domestic and international staffing organizations with operations in the US and Europe. As part of its targeted consolidation model, the Company is pursuing acquisition targets in the finance and accounting, administrative, engineering, IT and cybersecurity industries. The Company believes the staffing industry offers opportunities to create a successful public company with a longer term objective of accretive acquisitions that will drive annual revenues to $300 million.

For more information, please visit: www.staffing360solutions.com

Follow Staffing 360 Solutions on Facebook, LinkedIn and Twitter.
 
Forward-Looking Statements
Certain matters discussed within this press release are forward-looking statements including, but not limited to, new agreements, the ability to enter into any additional acquisitions, the size of future revenue or the Company's ability to qualify and successfully uplist its securities to a national exchange. Although Staffing 360 Solutions, Inc. believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Staffing 360 Solutions does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions and other risks detailed from time to time in Staffing 360 Solutions' reports filed with the SEC, including quarterly reports on Form 10-Q, reports on Form 8-K and annual reports on Form 10-K 
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Avoiding the Pitfalls of Contracting through an Umbrella or Limited Company!

For the uninitiated and the seasoned contractor alike, there’s a lot to consider when choosing how to contract. Big upsides and potential pitfalls can await you. Is PAYE, Umbrella or Limited company the right option for you? If Umbrella or Limited is the right route, choosing the right provider is equally important.

See more at: http://bit.ly/1w3sJqs 

www.longbridge.com 
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