connoco services limited
connoco services limited Company Information
Company Number
05305999
Website
www.connocogroup.comRegistered Address
office 43, the cobalt building, 1600 eureka park, ashford, kent, TN25 4BF
Industry
Computer consultancy activities
Other information technology and computer service activities
Telephone
02077121542
Next Accounts Due
September 2024
Group Structure
View All
Directors
Timothy Connor15 Years
Shareholders
timothy james connor 45%
andrew paul connor 45%
View Allconnoco services limited Estimated Valuation
Pomanda estimates the enterprise value of CONNOCO SERVICES LIMITED at £589.9k based on a Turnover of £1.2m and 0.49x industry multiple (adjusted for size and gross margin).
connoco services limited Estimated Valuation
Pomanda estimates the enterprise value of CONNOCO SERVICES LIMITED at £0 based on an EBITDA of £-15 and a 3.87x industry multiple (adjusted for size and gross margin).
connoco services limited Estimated Valuation
Pomanda estimates the enterprise value of CONNOCO SERVICES LIMITED at £292.2k based on Net Assets of £135.3k and 2.16x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
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Connoco Services Limited Overview
Connoco Services Limited is a live company located in ashford, TN25 4BF with a Companies House number of 05305999. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in December 2004, it's largest shareholder is timothy james connor with a 45% stake. Connoco Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.2m with unknown growth in recent years.
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Connoco Services Limited Health Check
Pomanda's financial health check has awarded Connoco Services Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
8 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£4.2m)
- Connoco Services Limited
£4.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Connoco Services Limited
- - Industry AVG
Production
with a gross margin of 26.8%, this company has a higher cost of product (49%)
- Connoco Services Limited
49% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (5.7%)
- Connoco Services Limited
5.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (29)
2 - Connoco Services Limited
29 - Industry AVG
Pay Structure
on an average salary of £61.8k, the company has an equivalent pay structure (£61.8k)
- Connoco Services Limited
£61.8k - Industry AVG
Efficiency
resulting in sales per employee of £603.5k, this is more efficient (£144.9k)
- Connoco Services Limited
£144.9k - Industry AVG
Debtor Days
it gets paid by customers after 161 days, this is later than average (60 days)
- Connoco Services Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 209 days, this is slower than average (33 days)
- Connoco Services Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 42 days, this is more than average (14 days)
- Connoco Services Limited
14 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (17 weeks)
0 weeks - Connoco Services Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.9%, this is a higher level of debt than the average (61%)
78.9% - Connoco Services Limited
61% - Industry AVG
connoco services limited Credit Report and Business Information
Connoco Services Limited Competitor Analysis
Perform a competitor analysis for connoco services limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
connoco services limited Ownership
CONNOCO SERVICES LIMITED group structure
Connoco Services Limited has no subsidiary companies.
Ultimate parent company
CONNOCO SERVICES LIMITED
05305999
connoco services limited directors
Connoco Services Limited currently has 1 director, Mr Timothy Connor serving since Dec 2008.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy Connor | United Kingdom | 36 years | Dec 2008 | - | Director |
CONNOCO SERVICES LIMITED financials
Connoco Services Limited's latest turnover from December 2022 is estimated at £1.2 million and the company has net assets of £135.3 thousand. According to their latest financial statements, Connoco Services Limited has 2 employees and maintains cash reserves of £448 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 2 | 2 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,131 | 5,131 | 5,131 | 10,790 | 7,698 | 8,002 | 3,611 | 6,505 | 397 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 3 | 3 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,131 | 5,131 | 5,131 | 10,790 | 7,698 | 8,005 | 3,614 | 6,505 | 397 |
| Stock & work in progress | 102,442 | 102,442 | 102,442 | 66,713 | 52,455 | 80,637 | 34,558 | 19,203 | 15,009 |
| Trade Debtors | 534,248 | 534,248 | 534,248 | 584,977 | 458,049 | 444,478 | 127,035 | 44,864 | 17,426 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 448 | 448 | 448 | 6,629 | 0 | 0 | 14,892 | 401 | 420 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 637,138 | 637,138 | 637,138 | 658,319 | 510,504 | 525,115 | 176,485 | 64,468 | 32,855 |
| total assets | 642,269 | 642,269 | 642,269 | 669,109 | 518,202 | 533,120 | 180,099 | 70,973 | 33,252 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 506,988 | 506,988 | 506,988 | 542,985 | 409,161 | 448,226 | 161,144 | 54,439 | 27,346 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 506,988 | 506,988 | 506,988 | 542,985 | 409,161 | 448,226 | 161,144 | 54,439 | 27,346 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 1,540 | 869 | 731 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 1,540 | 869 | 731 | 0 | 0 |
| total liabilities | 506,988 | 506,988 | 506,988 | 542,985 | 410,701 | 449,095 | 161,875 | 54,439 | 27,346 |
| net assets | 135,281 | 135,281 | 135,281 | 126,124 | 107,501 | 84,025 | 18,224 | 16,534 | 5,906 |
| total shareholders funds | 135,281 | 135,281 | 135,281 | 126,124 | 107,501 | 84,025 | 18,224 | 16,534 | 5,906 |
| Dec 2022 | Dec 2021 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 5,659 | 6,438 | 4,236 | 5,185 | 3,508 | 3,302 | 196 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 102,442 | 35,729 | 14,258 | -28,182 | 46,079 | 15,355 | 4,194 | 15,009 |
| Debtors | 0 | 534,248 | -50,729 | 126,928 | 13,571 | 317,443 | 82,171 | 27,438 | 17,426 |
| Creditors | 0 | 506,988 | -35,997 | 133,824 | -39,065 | 287,082 | 106,705 | 27,093 | 27,346 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -1,540 | 671 | 138 | 731 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | -3 | 0 | 3 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 448 | -6,181 | 6,629 | 0 | -14,892 | 14,491 | -19 | 420 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 448 | -6,181 | 6,629 | 0 | -14,892 | 14,491 | -19 | 420 |
P&L
December 2022turnover
1.2m
-2%
operating profit
-15.7
0%
gross margin
26.9%
+2.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
135.3k
0%
total assets
642.3k
0%
cash
448
0%
net assets
Total assets minus all liabilities
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connoco services limited company details
company number
05305999
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
62090 - Other information technology and computer service activities
incorporation date
December 2004
age
20
accounts
Dormant
ultimate parent company
previous names
aztec digital limited (July 2012)
incorporated
UK
address
office 43, the cobalt building, 1600 eureka park, ashford, kent, TN25 4BF
last accounts submitted
December 2022
connoco services 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 did not find charges/mortgages relating to connoco services limited.
connoco services limited Companies House Filings - See Documents
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