contract connections limited
contract connections limited Company Information
Company Number
03340997
Next Accounts
27 days late
Shareholders
interquest group plc
Group Structure
View All
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Registered Address
fpr advisory trading limited, 34 falcon court, stockton-on-tees, TS18 3TX
contract connections limited Estimated Valuation
Pomanda estimates the enterprise value of CONTRACT CONNECTIONS LIMITED at £270 based on a Turnover of £2.2k and 0.12x industry multiple (adjusted for size and gross margin).
contract connections limited Estimated Valuation
Pomanda estimates the enterprise value of CONTRACT CONNECTIONS LIMITED at £0 based on an EBITDA of £0 and a 2.16x industry multiple (adjusted for size and gross margin).
contract connections limited Estimated Valuation
Pomanda estimates the enterprise value of CONTRACT CONNECTIONS LIMITED at £521 based on Net Assets of £408 and 1.28x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Contract Connections Limited Overview
Contract Connections Limited is a live company located in stockton-on-tees, TS18 3TX with a Companies House number of 03340997. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in March 1997, it's largest shareholder is interquest group plc with a 100% stake. Contract Connections Limited is a mature, micro sized company, Pomanda has estimated its turnover at £2.2k with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Contract Connections Limited Health Check
Pomanda's financial health check has awarded Contract Connections Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
5 Weak
Size
annual sales of £2.2k, make it smaller than the average company (£7m)
- Contract Connections Limited
£7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Contract Connections Limited
- - Industry AVG
Production
with a gross margin of 13.8%, this company has a higher cost of product (25%)
- Contract Connections Limited
25% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Contract Connections Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (37)
- Contract Connections Limited
37 - Industry AVG
Pay Structure
on an average salary of £50.1k, the company has an equivalent pay structure (£50.1k)
- Contract Connections Limited
£50.1k - Industry AVG
Efficiency
resulting in sales per employee of £2.2k, this is less efficient (£170.7k)
- Contract Connections Limited
£170.7k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is later than average (47 days)
- Contract Connections Limited
47 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Contract Connections Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Contract Connections Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Contract Connections Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Contract Connections Limited
- - Industry AVG
CONTRACT CONNECTIONS LIMITED financials
Contract Connections Limited's latest turnover from May 2023 is estimated at £2.2 thousand and the company has net assets of £408. According to their latest financial statements, we estimate that Contract Connections Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,444,480 | 9,922,511 | 6,237,472 | |||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 5,810,724 | 7,943,586 | 4,991,124 | |||||||||||
| Gross Profit | 1,633,756 | 1,978,925 | 1,246,348 | |||||||||||
| Admin Expenses | 1,860,685 | 1,513,371 | 1,036,176 | |||||||||||
| Operating Profit | -226,929 | 465,554 | 210,172 | |||||||||||
| Interest Payable | 31,022 | 84,254 | 41,946 | |||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | -257,951 | 381,300 | 168,226 | |||||||||||
| Tax | -17,082 | -101,244 | -44,346 | |||||||||||
| Profit After Tax | -275,033 | 280,056 | 123,880 | |||||||||||
| Dividends Paid | 50,000 | 125,000 | ||||||||||||
| Retained Profit | -275,033 | 230,056 | -1,120 | |||||||||||
| Employee Costs | 888,707 | 1,014,528 | 745,687 | |||||||||||
| Number Of Employees | 19 | 21 | 14 | |||||||||||
| EBITDA* | -219,716 | 471,435 | 215,225 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 16,473 | 13,012 | 11,601 | |||||||||||
| Intangible Assets | ||||||||||||||
| Investments & Other | 408 | 408 | 408 | 12,191 | ||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 408 | 408 | 408 | 16,473 | 13,012 | 23,792 | ||||||||
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 408 | 408 | 408 | 1,357,255 | 1,813,489 | 1,256,145 | ||||||||
| Group Debtors | 153,446 | 5,156 | 21,934 | |||||||||||
| Misc Debtors | 372,814 | 110,655 | 79,996 | |||||||||||
| Cash | 12,983 | 6,789 | 30,243 | |||||||||||
| misc current assets | ||||||||||||||
| total current assets | 408 | 408 | 408 | 1,896,498 | 1,936,089 | 1,388,318 | ||||||||
| total assets | 408 | 408 | 408 | 408 | 408 | 408 | 1,912,971 | 1,949,101 | 1,412,110 | |||||
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 435,246 | 504,591 | 456,080 | |||||||||||
| Group/Directors Accounts | 626,353 | |||||||||||||
| other short term finances | 247,896 | 742,245 | 611,304 | |||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 558,903 | 382,659 | 255,176 | |||||||||||
| total current liabilities | 1,868,398 | 1,629,495 | 1,322,560 | |||||||||||
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | ||||||||||||||
| total long term liabilities | ||||||||||||||
| total liabilities | 1,868,398 | 1,629,495 | 1,322,560 | |||||||||||
| net assets | 408 | 408 | 408 | 408 | 408 | 408 | 44,573 | 319,606 | 89,550 | |||||
| total shareholders funds | 408 | 408 | 408 | 408 | 408 | 408 | 44,573 | 319,606 | 89,550 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -226,929 | 465,554 | 210,172 | |||||||||||
| Depreciation | 7,213 | 5,881 | 5,053 | |||||||||||
| Amortisation | ||||||||||||||
| Tax | -17,082 | -101,244 | -44,346 | |||||||||||
| Stock | ||||||||||||||
| Debtors | 408 | -408 | 408 | -1,883,515 | -45,785 | 571,225 | 1,358,075 | |||||||
| Creditors | -435,246 | -69,345 | 48,511 | 456,080 | ||||||||||
| Accruals and Deferred Income | -558,903 | 176,244 | 127,483 | 255,176 | ||||||||||
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | -84,114 | -25,040 | -475,940 | |||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | -7,292 | -1,205 | ||||||||||||
| Change in Investments | -408 | 408 | -12,191 | 12,191 | ||||||||||
| cash flow from investments | 4,899 | -13,396 | ||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -626,353 | 626,353 | ||||||||||||
| Other Short Term Loans | -247,896 | -494,349 | 130,941 | 611,304 | ||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | -31,022 | -84,254 | -41,946 | |||||||||||
| cash flow from financing | 100,982 | 46,687 | 660,028 | |||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -12,983 | 6,194 | -23,454 | 30,243 | ||||||||||
| overdraft | ||||||||||||||
| change in cash | -12,983 | 6,194 | -23,454 | 30,243 |
contract connections limited Credit Report and Business Information
Contract Connections Limited Competitor Analysis
Perform a competitor analysis for contract connections limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in TS18 area or any other competitors across 12 key performance metrics.
contract connections limited Ownership
CONTRACT CONNECTIONS LIMITED group structure
Contract Connections Limited has no subsidiary companies.
Ultimate parent company
2 parents
CONTRACT CONNECTIONS LIMITED
03340997
contract connections limited directors
Contract Connections Limited currently has 2 directors. The longest serving directors include Mr Gary Ashworth (Jun 2011) and Mr Benjamin Felton (Oct 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary Ashworth | 64 years | Jun 2011 | - | Director | |
| Mr Benjamin Felton | United Kingdom | 44 years | Oct 2023 | - | Director |
P&L
May 2023turnover
2.2k
0%
operating profit
0
0%
gross margin
13.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
408
0%
total assets
408
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
contract connections limited company details
company number
03340997
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
March 1997
age
28
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
fpr advisory trading limited, 34 falcon court, stockton-on-tees, TS18 3TX
Bank
-
Legal Advisor
-
contract connections limited Charges & Mortgages
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 found 7 charges/mortgages relating to contract connections limited. Currently there are 0 open charges and 7 have been satisfied in the past.
contract connections limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for CONTRACT CONNECTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
contract connections limited Companies House Filings - See Documents
| date | description | view/download |
|---|
