Connect Vending Limited

POWER SEARCH PRICING

SOLUTIONS

connect vending limited Company Information

Live

MatureMidHealthy

Company Number

03192497

Website

www.connectvending.co.uk

Registered Address

10 london mews, london, W2 1HY

Industry

Other food service activities

Telephone

01865341011

Next Accounts Due

June 2025

Group Structure

View All

Directors

Stuart Coutts28 Years

Marla Coutts16 Years

View All

Shareholders

stuart coutts 57.6%

marla coutts 32.5%

View All

connect vending limited Estimated Valuation

£4.1m

Pomanda estimates the enterprise value of CONNECT VENDING LIMITED at £4.1m based on a Turnover of £8m and 0.51x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Connect Vending Limited is a live company located in london, W2 1HY with a Companies House number of 03192497. It operates in the other food services sector, SIC Code 56290. Founded in April 1996, it's largest shareholder is stuart coutts with a 57.6% stake. Connect Vending Limited is a mature, mid sized company, Pomanda has estimated its turnover at £8m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Connect Vending Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs

Health Rating4.5out of 5

4 Strong

5 Regular

3 Weak

Size

annual sales of £8m, make it larger than the average company (£1.9m)

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (7.7%)

EXPORT

Connect Vending Limited's latest turnover from September 2023 is estimated at £8 million and the company has net assets of £909 thousand. According to their latest financial statements, Connect Vending Limited has 61 employees and maintains cash reserves of £499.2 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Turnover	7,969,753	6,239,089	6,459,885	5,926,189	5,157,879	4,540,121	4,031,792	4,574,874	6,159,819	6,690,682	8,867,818	7,889,020	6,462,882	6,506,768
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	5,993,406	4,597,965	4,809,425	4,428,583	3,815,579	3,387,407	2,874,290	3,283,687	4,590,351	4,863,529	6,411,416	5,500,064	4,442,491	4,380,561
Gross Profit	1,976,347	1,641,124	1,650,460	1,497,607	1,342,300	1,152,713	1,157,502	1,291,188	1,569,468	1,827,153	2,456,401	2,388,956	2,020,391	2,126,208
Admin Expenses	1,850,812	1,818,963	1,578,212	1,626,957	1,338,658	1,426,201	1,226,233	1,191,346	1,622,680	1,662,451	2,343,408	2,345,131	1,587,413	1,129,711
Operating Profit	125,535	-177,839	72,248	-129,350	3,642	-273,488	-68,731	99,842	-53,212	164,702	112,993	43,825	432,978	996,497
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	18,881	6,240	295	292	2,991	4,904	2,018	1,761	3,488	3,988	3,826	3,701	4,280	2,414
Pre-Tax Profit	144,416	-171,599	72,543	-129,058	6,633	-268,584	-66,713	101,603	-49,724	168,690	116,819	47,526	437,258	998,911
Tax	-36,104	0	-13,783	0	-1,260	0	0	-20,320	0	-35,425	-26,868	-11,406	-113,687	-279,695
Profit After Tax	108,312	-171,599	58,760	-129,058	5,373	-268,584	-66,713	81,282	-49,724	133,265	89,951	36,120	323,571	719,216
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	108,312	-171,599	58,760	-129,058	5,373	-268,584	-66,713	81,282	-49,724	133,265	89,951	36,120	323,571	719,216
Employee Costs	1,472,845	1,247,247	1,052,773	1,174,708	1,349,260	1,439,901	1,369,770	1,557,588	1,272,284	1,313,886	2,342,208	2,071,317	1,836,566	1,673,247
Number Of Employees	61	61	53	61	67	69	68	70	54	59	112	107	91	75
EBITDA*	259,482	27,980	298,418	120,489	252,926	-25,182	158,128	375,690	189,710	413,162	279,275	171,438	585,004	1,151,696

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Tangible Assets	196,529	267,651	414,157	421,356	521,657	540,389	462,095	493,522	524,700	485,942	455,000	246,638	254,618	282,844
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	21,000	21,000	21,000	21,000	21,000	21,000	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	217,529	288,651	435,157	442,356	542,657	561,389	462,095	493,522	524,700	485,942	455,000	246,638	254,618	282,844
Stock & work in progress	388,426	243,246	231,088	240,132	236,456	211,724	183,757	155,340	224,556	201,484	228,236	182,481	193,306	166,392
Trade Debtors	989,613	1,002,285	946,978	789,383	734,587	538,974	552,620	636,503	642,306	737,280	919,592	920,398	762,850	551,168
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	372,156	408,307	415,123	350,130	210,738	195,102	202,470	149,192	0	0	0	0	1,843	0
Cash	499,247	255,987	298,697	291,880	292,259	505,460	802,216	812,170	596,311	798,894	796,292	734,192	746,365	965,572
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	2,249,442	1,909,825	1,891,886	1,671,525	1,474,040	1,451,260	1,741,063	1,753,205	1,463,173	1,737,658	1,944,120	1,837,071	1,704,364	1,683,132
total assets	2,466,971	2,198,476	2,327,043	2,113,881	2,016,697	2,012,649	2,203,158	2,246,727	1,987,873	2,223,600	2,399,120	2,083,709	1,958,982	1,965,976
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	560,902	630,790	659,180	280,041	286,169	464,786	314,503	308,343	693,848	920,482	1,229,267	1,003,807	903,176	1,209,989
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	1,680	20,166	20,166	0	0	0	0	0	0	0	0	0	0
other current liabilities	946,589	714,484	623,893	824,107	613,484	435,661	490,613	543,264	0	0	0	0	0	0
total current liabilities	1,507,491	1,346,954	1,303,239	1,124,314	899,653	900,447	805,116	851,607	693,848	920,482	1,229,267	1,003,807	903,176	1,209,989
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	1,680	21,847	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	12,024	35,776
provisions	50,444	50,444	50,444	50,444	59,469	59,469	59,469	0	0	0	0	0	0	0
total long term liabilities	50,444	50,444	52,124	72,291	59,469	59,469	59,469	0	0	0	0	0	12,024	35,776
total liabilities	1,557,935	1,397,398	1,355,363	1,196,605	959,122	959,916	864,585	851,607	693,848	920,482	1,229,267	1,003,807	915,200	1,245,765
net assets	909,036	801,078	971,680	917,276	1,057,575	1,052,733	1,338,573	1,395,120	1,294,025	1,303,118	1,169,853	1,079,902	1,043,782	720,211
total shareholders funds	909,036	801,078	971,680	917,276	1,057,575	1,052,733	1,338,573	1,395,120	1,294,025	1,303,118	1,169,853	1,079,902	1,043,782	720,211

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Operating Activities
Operating Profit	125,535	-177,839	72,248	-129,350	3,642	-273,488	-68,731	99,842	-53,212	164,702	112,993	43,825	432,978	996,497
Depreciation	133,947	205,819	226,170	249,839	249,284	248,306	226,859	275,848	242,922	248,460	166,282	127,613	152,026	155,199
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-36,104	0	-13,783	0	-1,260	0	0	-20,320	0	-35,425	-26,868	-11,406	-113,687	-279,695
Stock	145,180	12,158	-9,044	3,676	24,732	27,967	28,417	-69,216	23,072	-26,752	45,755	-10,825	26,914	166,392
Debtors	-48,823	48,491	222,588	194,188	211,249	-21,014	-30,605	143,389	-94,974	-182,312	-806	155,705	213,525	551,168
Creditors	-69,888	-28,390	379,139	-6,128	-178,617	150,283	6,160	-385,505	-226,634	-308,785	225,460	100,631	-306,813	1,209,989
Accruals and Deferred Income	232,105	90,591	-200,214	210,623	177,823	-54,952	-52,651	543,264	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	-9,025	0	0	59,469	0	0	0	0	0	0	0
Cash flow from operations	289,238	29,532	250,016	118,095	14,891	63,196	173,294	438,956	34,978	278,016	432,918	115,783	-75,935	1,364,430
Investing Activities
capital expenditure	-62,825	-59,313	-218,971	-149,538	-230,552	-326,600	-195,432	-244,670	-281,680	-279,402	-374,644	-119,633	-123,800	-438,043
Change in Investments	0	0	0	0	0	21,000	0	0	0	0	0	0	0	0
cash flow from investments	-62,825	-59,313	-218,971	-149,538	-230,552	-347,600	-195,432	-244,670	-281,680	-279,402	-374,644	-119,633	-123,800	-438,043
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	-1,680	-20,166	-20,167	42,013	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	-12,024	-23,752	35,776
share issue	-354	997	-4,356	-11,241	-531	-17,256	10,166	19,813	40,631	0	0	0	0	995
interest	18,881	6,240	295	292	2,991	4,904	2,018	1,761	3,488	3,988	3,826	3,701	4,280	2,414
cash flow from financing	16,847	-12,929	-24,228	31,064	2,460	-12,352	12,184	21,574	44,119	3,988	3,826	-8,323	-19,472	39,185
cash and cash equivalents
cash	243,260	-42,710	6,817	-379	-213,201	-296,756	-9,954	215,859	-202,583	2,602	62,100	-12,173	-219,207	965,572
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	243,260	-42,710	6,817	-379	-213,201	-296,756	-9,954	215,859	-202,583	2,602	62,100	-12,173	-219,207	965,572

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for connect vending limited. Get real-time insights into connect vending limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for connect vending limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

CONNECT VENDING LIMITED group structure

Connect Vending Limited has no subsidiary companies.

Ultimate parent company

CONNECT VENDING LIMITED

03192497

CONNECT VENDING LIMITED Shareholders

stuart coutts	57.61%
marla coutts	32.45%
elyas coutts	5.64%
daniel robert levy	1.39%
talytha coutts	0.97%
saffyre coutts	0.97%
harly-joe coutts	0.97%

Connect Vending Limited currently has 5 directors. The longest serving directors include Mr Stuart Coutts (Apr 1996) and Mrs Marla Coutts (Jun 2008).

officer	country	age	start	end	role
Mr Stuart Coutts		62 years	Apr 1996	-	Director
Mrs Marla Coutts	United Kingdom	60 years	Jun 2008	-	Director
Mr Elyas Coutts		33 years	Sep 2018	-	Director
Mr Daniel Levy		46 years	May 2019	-	Director
Miss Kelly Glenn		43 years	Apr 2020	-	Director

P&L

September 2023

turnover

+28%

operating profit

125.5k

gross margin

24.8%

-5.72%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2023

net assets

909k

+0.13%

total assets

2.5m

+0.12%

cash

499.2k

+0.95%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

global hospitality services limited

3.5

tai loc ltd

2.5

jam capital limited

nationwide distributors limited

2.5

st. mickalos company limited

4.5

company number

03192497

Type

Private limited with Share Capital

industry

56290 - Other food service activities

incorporation date

April 1996

age

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

address

10 london mews, london, W2 1HY

last accounts submitted

September 2023

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to connect vending limited.

connect vending limited Company Information

connect vending limited Estimated Valuation

connect vending limited Estimated Valuation

connect vending limited Estimated Valuation

Connect Vending Limited Overview

Connect Vending Limited Health Check

CONNECT VENDING LIMITED financials

connect vending limited Credit Report and Business Information

Connect Vending Limited Competitor Analysis

connect vending limited Ownership

connect vending limited directors

connect vending limited company details

connect vending limited Charges & Mortgages

connect vending limited Companies House Filings - See Documents