connect m77/gso holdings limited
connect m77/gso holdings limited Company Information
Company Number
04691274
Website
balfourbeatty.comRegistered Address
q14 quorum business park, benton lane, newcastle upon tyne, NE12 8BU
Industry
Activities of head offices
Telephone
08452579938
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
balfour beatty infrastructure investments ltd 85%
cricketdrift ltd 15%
connect m77/gso holdings limited Estimated Valuation
Pomanda estimates the enterprise value of CONNECT M77/GSO HOLDINGS LIMITED at £6.8m based on a Turnover of £3.2m and 2.11x industry multiple (adjusted for size and gross margin).
connect m77/gso holdings limited Estimated Valuation
Pomanda estimates the enterprise value of CONNECT M77/GSO HOLDINGS LIMITED at £916.8k based on an EBITDA of £251k and a 3.65x industry multiple (adjusted for size and gross margin).
connect m77/gso holdings limited Estimated Valuation
Pomanda estimates the enterprise value of CONNECT M77/GSO HOLDINGS LIMITED at £0 based on Net Assets of £-27.7m and 3.66x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Connect M77/gso Holdings Limited Overview
Connect M77/gso Holdings Limited is a live company located in newcastle upon tyne, NE12 8BU with a Companies House number of 04691274. It operates in the activities of head offices sector, SIC Code 70100. Founded in March 2003, it's largest shareholder is balfour beatty infrastructure investments ltd with a 85% stake. Connect M77/gso Holdings Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.2m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Connect M77/gso Holdings Limited Health Check
Pomanda's financial health check has awarded Connect M77/Gso Holdings Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
4 Weak
Size
annual sales of £3.2m, make it smaller than the average company (£20.2m)
£3.2m - Connect M77/gso Holdings Limited
£20.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a faster rate (4.4%)
5% - Connect M77/gso Holdings Limited
4.4% - Industry AVG
Production
with a gross margin of 13.4%, this company has a higher cost of product (32.7%)
13.4% - Connect M77/gso Holdings Limited
32.7% - Industry AVG
Profitability
an operating margin of 7.8% make it more profitable than the average company (5.9%)
7.8% - Connect M77/gso Holdings Limited
5.9% - Industry AVG
Employees
with 18 employees, this is below the industry average (120)
- Connect M77/gso Holdings Limited
120 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Connect M77/gso Holdings Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £179.9k, this is equally as efficient (£186.2k)
- Connect M77/gso Holdings Limited
£186.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Connect M77/gso Holdings Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Connect M77/gso Holdings Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Connect M77/gso Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 147 weeks, this is more cash available to meet short term requirements (16 weeks)
147 weeks - Connect M77/gso Holdings Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 121.3%, this is a higher level of debt than the average (57%)
121.3% - Connect M77/gso Holdings Limited
57% - Industry AVG
CONNECT M77/GSO HOLDINGS LIMITED financials
Connect M77/Gso Holdings Limited's latest turnover from March 2023 is £3.2 million and the company has net assets of -£27.7 million. According to their latest financial statements, we estimate that Connect M77/Gso Holdings Limited has 18 employees and maintains cash reserves of £21.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,238,000 | 3,258,000 | 3,637,000 | 2,763,000 | 2,926,000 | 2,380,000 | 2,245,000 | 14,941,000 | 13,544,000 | 13,333,000 | 13,305,000 | 13,165,000 | 12,356,000 | 12,264,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 2,803,000 | 2,738,000 | 3,128,000 | 2,566,000 | 2,448,000 | 1,992,000 | 1,902,000 | 8,804,000 | 9,226,000 | 8,456,000 | 7,402,000 | 8,734,000 | 9,428,000 | 6,630,000 |
| Gross Profit | 435,000 | 520,000 | 509,000 | 197,000 | 478,000 | 388,000 | 343,000 | 6,137,000 | 4,318,000 | 4,877,000 | 5,903,000 | 4,431,000 | 2,928,000 | 5,634,000 |
| Admin Expenses | 184,000 | 345,000 | 379,000 | 65,000 | 346,000 | 281,000 | 240,000 | 290,000 | 250,000 | 254,000 | 237,000 | 292,000 | 307,000 | 315,000 |
| Operating Profit | 251,000 | 175,000 | 130,000 | 132,000 | 132,000 | 107,000 | 103,000 | 5,847,000 | 4,068,000 | 4,623,000 | 5,666,000 | 4,139,000 | 2,621,000 | 5,319,000 |
| Interest Payable | 7,769,000 | 8,374,000 | 9,027,000 | 9,359,000 | 9,678,000 | 9,750,000 | 9,882,000 | 10,462,000 | 10,985,000 | 11,012,000 | 11,061,000 | 11,046,000 | 10,820,000 | 10,719,000 |
| Interest Receivable | 8,875,000 | 8,882,000 | 9,128,000 | 9,469,000 | 9,532,000 | 9,610,000 | 9,718,000 | 81,000 | 66,000 | 59,000 | 83,000 | 90,000 | 79,000 | 102,000 |
| Pre-Tax Profit | 1,357,000 | 683,000 | 231,000 | 242,000 | -14,000 | -33,000 | -61,000 | 22,894,000 | -6,851,000 | -6,330,000 | -5,312,000 | -6,817,000 | -8,120,000 | -5,298,000 |
| Tax | -235,000 | -659,000 | -54,000 | -160,000 | 2,000 | 1,000 | 103,000 | -4,394,000 | 1,433,000 | 1,167,000 | 1,097,000 | 1,686,000 | 741,000 | 573,000 |
| Profit After Tax | 1,122,000 | 24,000 | 177,000 | 82,000 | -12,000 | -32,000 | 42,000 | 18,500,000 | -5,418,000 | -5,163,000 | -4,215,000 | -5,131,000 | -7,379,000 | -4,725,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 1,122,000 | 24,000 | 177,000 | 82,000 | -12,000 | -32,000 | 42,000 | 18,500,000 | -5,418,000 | -5,163,000 | -4,215,000 | -5,131,000 | -7,379,000 | -4,725,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | ||||||||||||||
| EBITDA* | 251,000 | 175,000 | 130,000 | 132,000 | 132,000 | 107,000 | 103,000 | 11,022,000 | 9,209,000 | 9,730,000 | 10,803,000 | 10,421,000 | 10,127,000 | 10,214,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 104,294,000 | 109,435,000 | 114,542,000 | 119,679,000 | 125,854,000 | 133,360,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 104,829,000 | 109,074,000 | 113,735,000 | 117,292,000 | 120,695,000 | 122,820,000 | 124,002,000 | 125,592,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,013,000 | 1,918,000 | 2,096,000 | 2,159,000 | 2,093,000 | 2,058,000 |
| Total Fixed Assets | 104,829,000 | 109,074,000 | 113,735,000 | 117,292,000 | 120,695,000 | 122,820,000 | 124,002,000 | 125,592,000 | 106,307,000 | 111,353,000 | 116,638,000 | 121,838,000 | 127,947,000 | 135,418,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 103,000 | 1,515,000 | 1,461,000 | 148,000 | 117,000 | 1,764,000 | 1,498,000 | 1,507,000 | 1,653,000 | 1,940,000 | 1,410,000 | 1,298,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 213,000 | 193,000 | 189,000 | 168,000 | 215,000 | 0 | 0 | 0 | 668,000 | 697,000 | 1,160,000 | 1,620,000 | 706,000 | 538,000 |
| Cash | 21,131,000 | 21,425,000 | 20,851,000 | 18,702,000 | 1,908,000 | 3,009,000 | 3,030,000 | 1,227,000 | 495,000 | 1,387,000 | 1,869,000 | 3,807,000 | 2,874,000 | 2,048,000 |
| misc current assets | 4,179,000 | 4,686,000 | 3,119,000 | 2,960,000 | 18,447,000 | 17,940,000 | 17,209,000 | 17,579,000 | 15,762,000 | 14,182,000 | 12,342,000 | 7,536,000 | 7,105,000 | 7,050,000 |
| total current assets | 25,523,000 | 26,304,000 | 24,262,000 | 23,345,000 | 22,031,000 | 21,097,000 | 20,356,000 | 20,570,000 | 18,423,000 | 17,773,000 | 17,024,000 | 14,903,000 | 12,095,000 | 10,934,000 |
| total assets | 130,352,000 | 135,378,000 | 137,997,000 | 140,637,000 | 142,726,000 | 143,917,000 | 144,358,000 | 146,162,000 | 124,730,000 | 129,126,000 | 133,662,000 | 136,741,000 | 140,042,000 | 146,352,000 |
| 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 | 0 | 0 | 0 | 0 | 479,000 | 190,000 | 101,000 | 160,000 | 12,000 | 11,000 | 7,000 | 299,000 | 36,000 | 61,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 6,184,000 | 5,766,000 | 5,306,000 | 4,808,000 | 4,344,000 | 3,911,000 | 3,257,000 | 3,029,000 | 19,429,000 | 16,209,000 | 2,079,000 | 1,763,000 | 1,180,000 | 1,003,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,268,000 | 3,035,000 | 2,588,000 | 2,715,000 | 2,373,000 | 2,265,000 | 1,722,000 | 2,560,000 | 1,389,000 | 1,101,000 | 12,746,000 | 9,725,000 | 7,144,000 | 5,206,000 |
| total current liabilities | 7,452,000 | 8,801,000 | 7,894,000 | 7,523,000 | 7,196,000 | 6,366,000 | 5,080,000 | 5,749,000 | 20,830,000 | 17,321,000 | 14,832,000 | 11,787,000 | 8,360,000 | 6,270,000 |
| loans | 148,727,000 | 153,430,000 | 157,413,000 | 160,557,000 | 163,119,000 | 165,126,000 | 166,816,000 | 167,890,000 | 151,538,000 | 154,025,000 | 155,887,000 | 157,796,000 | 159,393,000 | 160,414,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 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 | 0 | 0 |
| provisions | 1,907,000 | 2,003,000 | 1,570,000 | 1,614,000 | 1,550,000 | 1,552,000 | 1,557,000 | 1,660,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 150,634,000 | 155,433,000 | 158,983,000 | 162,171,000 | 164,669,000 | 166,678,000 | 168,373,000 | 169,550,000 | 151,538,000 | 154,025,000 | 155,887,000 | 157,796,000 | 159,393,000 | 160,414,000 |
| total liabilities | 158,086,000 | 164,234,000 | 166,877,000 | 169,694,000 | 171,865,000 | 173,044,000 | 173,453,000 | 175,299,000 | 172,368,000 | 171,346,000 | 170,719,000 | 169,583,000 | 167,753,000 | 166,684,000 |
| net assets | -27,734,000 | -28,856,000 | -28,880,000 | -29,057,000 | -29,139,000 | -29,127,000 | -29,095,000 | -29,137,000 | -47,638,000 | -42,220,000 | -37,057,000 | -32,842,000 | -27,711,000 | -20,332,000 |
| total shareholders funds | -27,734,000 | -28,856,000 | -28,880,000 | -29,057,000 | -29,139,000 | -29,127,000 | -29,095,000 | -29,137,000 | -47,638,000 | -42,220,000 | -37,057,000 | -32,842,000 | -27,711,000 | -20,332,000 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 251,000 | 175,000 | 130,000 | 132,000 | 132,000 | 107,000 | 103,000 | 5,847,000 | 4,068,000 | 4,623,000 | 5,666,000 | 4,139,000 | 2,621,000 | 5,319,000 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,175,000 | 5,141,000 | 5,107,000 | 5,137,000 | 6,282,000 | 7,506,000 | 4,895,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -235,000 | -659,000 | -54,000 | -160,000 | 2,000 | 1,000 | 103,000 | -4,394,000 | 1,433,000 | 1,167,000 | 1,097,000 | 1,686,000 | 741,000 | 573,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 20,000 | -99,000 | -1,391,000 | 7,000 | 1,528,000 | 31,000 | -1,647,000 | -2,415,000 | 57,000 | -787,000 | -810,000 | 1,510,000 | 315,000 | 3,894,000 |
| Creditors | 0 | 0 | 0 | -479,000 | 289,000 | 89,000 | -59,000 | 148,000 | 1,000 | 4,000 | -292,000 | 263,000 | -25,000 | 61,000 |
| Accruals and Deferred Income | -1,767,000 | 447,000 | -127,000 | 342,000 | 108,000 | 543,000 | -838,000 | 1,171,000 | 288,000 | -11,645,000 | 3,021,000 | 2,581,000 | 1,938,000 | 5,206,000 |
| Deferred Taxes & Provisions | -96,000 | 433,000 | -44,000 | 64,000 | -2,000 | -5,000 | -103,000 | 1,660,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,867,000 | 495,000 | 1,296,000 | -108,000 | -999,000 | 704,000 | 853,000 | 12,022,000 | 10,874,000 | 43,000 | 15,439,000 | 13,441,000 | 12,466,000 | 12,160,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 179,000 | -923,000 | 680,000 | 0 | 0 | 0 | 0 | -107,000 | 0 | 0 |
| Change in Investments | -4,245,000 | -4,661,000 | -3,557,000 | -3,403,000 | -2,125,000 | -1,182,000 | -1,590,000 | 125,592,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 4,245,000 | 4,661,000 | 3,557,000 | 3,403,000 | 2,304,000 | 259,000 | 2,270,000 | -125,592,000 | 0 | 0 | 0 | -107,000 | 0 | 0 |
| 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 | 418,000 | 460,000 | 498,000 | 464,000 | 433,000 | 654,000 | 228,000 | -16,400,000 | 3,220,000 | 14,130,000 | 316,000 | 583,000 | 177,000 | 1,003,000 |
| Long term loans | -4,703,000 | -3,983,000 | -3,144,000 | -2,562,000 | -2,007,000 | -1,690,000 | -1,074,000 | 16,352,000 | -2,487,000 | -1,862,000 | -1,909,000 | -1,597,000 | -1,021,000 | 160,414,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 1,106,000 | 508,000 | 101,000 | 110,000 | -146,000 | -140,000 | -164,000 | -10,381,000 | -10,919,000 | -10,953,000 | -10,978,000 | -10,956,000 | -10,741,000 | -10,617,000 |
| cash flow from financing | -3,179,000 | -3,015,000 | -2,545,000 | -1,988,000 | -1,720,000 | -1,176,000 | -1,010,000 | -10,428,000 | -10,186,000 | 1,315,000 | -12,571,000 | -11,970,000 | -11,585,000 | 135,193,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -294,000 | 574,000 | 2,149,000 | 16,794,000 | -1,101,000 | -21,000 | 1,803,000 | 732,000 | -892,000 | -482,000 | -1,938,000 | 933,000 | 826,000 | 2,048,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -294,000 | 574,000 | 2,149,000 | 16,794,000 | -1,101,000 | -21,000 | 1,803,000 | 732,000 | -892,000 | -482,000 | -1,938,000 | 933,000 | 826,000 | 2,048,000 |
connect m77/gso holdings limited Credit Report and Business Information
Connect M77/gso Holdings Limited Competitor Analysis
Perform a competitor analysis for connect m77/gso holdings limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
connect m77/gso holdings limited Ownership
CONNECT M77/GSO HOLDINGS LIMITED group structure
Connect M77/Gso Holdings Limited has 1 subsidiary company.
Ultimate parent company
2 parents
CONNECT M77/GSO HOLDINGS LIMITED
04691274
1 subsidiary
connect m77/gso holdings limited directors
Connect M77/Gso Holdings Limited currently has 4 directors. The longest serving directors include Mr Mark Mageean (Aug 2016) and Mr Matthew Edwards (Jan 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Mageean | United Kingdom | 50 years | Aug 2016 | - | Director |
| Mr Matthew Edwards | United Kingdom | 39 years | Jan 2017 | - | Director |
| Mr Amir Mughal | United Kingdom | 45 years | May 2020 | - | Director |
| Mr Josh Bond | United Kingdom | 33 years | Mar 2024 | - | Director |
P&L
March 2023turnover
3.2m
-1%
operating profit
251k
+43%
gross margin
13.5%
-15.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-27.7m
-0.04%
total assets
130.4m
-0.04%
cash
21.1m
-0.01%
net assets
Total assets minus all liabilities
Similar Companies
connect m77/gso holdings limited company details
company number
04691274
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
March 2003
age
21
accounts
Group
ultimate parent company
previous names
connect m77 (March 2003)
incorporated
UK
address
q14 quorum business park, benton lane, newcastle upon tyne, NE12 8BU
last accounts submitted
March 2023
connect m77/gso holdings 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 1 charges/mortgages relating to connect m77/gso holdings limited. Currently there are 1 open charges and 0 have been satisfied in the past.
connect m77/gso holdings limited Companies House Filings - See Documents
| date | description | view/download |
|---|
