connect roads south tyneside limited
connect roads south tyneside limited Company Information
Company Number
05533272
Website
http://www.connectroads.comRegistered Address
q14 quorum business park, benton lane, newcastle upon tyne, england, NE12 8BU
Industry
Other business support service activities n.e.c.
Telephone
02071213780
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
connect roads south tyneside holdings ltd 100%
connect roads south tyneside limited Estimated Valuation
Pomanda estimates the enterprise value of CONNECT ROADS SOUTH TYNESIDE LIMITED at £1.1m based on a Turnover of £3.2m and 0.35x industry multiple (adjusted for size and gross margin).
connect roads south tyneside limited Estimated Valuation
Pomanda estimates the enterprise value of CONNECT ROADS SOUTH TYNESIDE LIMITED at £179.9k based on an EBITDA of £64k and a 2.81x industry multiple (adjusted for size and gross margin).
connect roads south tyneside limited Estimated Valuation
Pomanda estimates the enterprise value of CONNECT ROADS SOUTH TYNESIDE LIMITED at £5.4m based on Net Assets of £2.1m and 2.57x industry multiple (adjusted for liquidity).
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Connect Roads South Tyneside Limited Overview
Connect Roads South Tyneside Limited is a live company located in newcastle upon tyne, NE12 8BU with a Companies House number of 05533272. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in August 2005, it's largest shareholder is connect roads south tyneside holdings ltd with a 100% stake. Connect Roads South Tyneside Limited is a established, small sized company, Pomanda has estimated its turnover at £3.2m with high growth in recent years.
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Connect Roads South Tyneside Limited Health Check
Pomanda's financial health check has awarded Connect Roads South Tyneside Limited a 3 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
3 Regular
4 Weak
Size
annual sales of £3.2m, make it in line with the average company (£3.8m)
£3.2m - Connect Roads South Tyneside Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (3%)
21% - Connect Roads South Tyneside Limited
3% - Industry AVG
Production
with a gross margin of 5.7%, this company has a higher cost of product (38.8%)
5.7% - Connect Roads South Tyneside Limited
38.8% - Industry AVG
Profitability
an operating margin of 2% make it less profitable than the average company (6.3%)
2% - Connect Roads South Tyneside Limited
6.3% - Industry AVG
Employees
with 21 employees, this is similar to the industry average (25)
- Connect Roads South Tyneside Limited
25 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Connect Roads South Tyneside Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £150.5k, this is equally as efficient (£157.8k)
- Connect Roads South Tyneside Limited
£157.8k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is later than average (44 days)
55 days - Connect Roads South Tyneside Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 51 days, this is slower than average (33 days)
51 days - Connect Roads South Tyneside Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Connect Roads South Tyneside Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 47 weeks, this is more cash available to meet short term requirements (24 weeks)
47 weeks - Connect Roads South Tyneside Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.1%, this is a higher level of debt than the average (63.6%)
89.1% - Connect Roads South Tyneside Limited
63.6% - Industry AVG
CONNECT ROADS SOUTH TYNESIDE LIMITED financials
Connect Roads South Tyneside Limited's latest turnover from December 2022 is £3.2 million and the company has net assets of £2.1 million. According to their latest financial statements, we estimate that Connect Roads South Tyneside Limited has 21 employees and maintains cash reserves of £2.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,160,000 | 2,279,000 | 2,324,000 | 1,796,000 | 2,064,000 | 897,000 | 2,696,000 | 5,795,000 | 4,595,000 | 4,682,000 | 4,368,000 | 4,368,000 | 4,412,000 | 3,418,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 2,979,000 | 2,131,000 | 2,179,000 | 1,631,000 | 1,898,000 | 709,000 | 2,435,000 | 5,498,000 | 4,256,000 | 4,360,000 | 4,102,000 | 4,102,000 | 4,159,000 | 3,221,000 |
| Gross Profit | 181,000 | 148,000 | 145,000 | 165,000 | 166,000 | 188,000 | 261,000 | 297,000 | 339,000 | 322,000 | 266,000 | 266,000 | 253,000 | 197,000 |
| Admin Expenses | 117,000 | 85,000 | 84,000 | 103,000 | 63,000 | 73,000 | 79,000 | 94,000 | 91,000 | 95,000 | 62,000 | 62,000 | 28,000 | 29,000 |
| Operating Profit | 64,000 | 63,000 | 61,000 | 62,000 | 103,000 | 115,000 | 182,000 | 203,000 | 248,000 | 227,000 | 204,000 | 204,000 | 225,000 | 168,000 |
| Interest Payable | 994,000 | 1,067,000 | 1,121,000 | 1,239,000 | 1,287,000 | 1,339,000 | 1,422,000 | 1,466,000 | 1,484,000 | 1,536,000 | 1,588,000 | 1,580,000 | 1,239,000 | 928,000 |
| Interest Receivable | 1,186,000 | 1,254,000 | 1,310,000 | 1,406,000 | 1,483,000 | 1,495,000 | 1,456,000 | 1,494,000 | 1,520,000 | 1,562,000 | 1,593,000 | 1,614,000 | 1,356,000 | 984,000 |
| Pre-Tax Profit | 256,000 | 250,000 | 250,000 | 229,000 | 299,000 | 271,000 | 216,000 | 231,000 | 284,000 | 253,000 | 238,000 | 238,000 | 342,000 | 224,000 |
| Tax | -48,000 | -49,000 | -48,000 | -45,000 | -57,000 | -56,000 | -61,000 | -47,000 | -56,000 | -60,000 | -63,000 | -63,000 | -95,000 | -63,000 |
| Profit After Tax | 208,000 | 201,000 | 202,000 | 184,000 | 242,000 | 215,000 | 155,000 | 184,000 | 228,000 | 193,000 | 175,000 | 175,000 | 247,000 | 161,000 |
| Dividends Paid | 0 | 88,000 | 0 | 0 | 0 | 0 | 243,000 | 0 | 0 | 0 | 243,000 | 100,000 | 0 | 0 |
| Retained Profit | 208,000 | 113,000 | 202,000 | 184,000 | 242,000 | 215,000 | -88,000 | 184,000 | 228,000 | 193,000 | -68,000 | 75,000 | 247,000 | 161,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | ||||||||||||||
| EBITDA* | 64,000 | 63,000 | 61,000 | 62,000 | 103,000 | 115,000 | 182,000 | 203,000 | 248,000 | 227,000 | 204,000 | 204,000 | 225,000 | 168,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 46,000 | 590,000 | 734,000 | 636,000 | 642,000 | 787,000 | 0 | 0 | 242,000 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 14,949,000 | 16,548,000 | 17,792,000 | 19,081,000 | 20,640,000 | 21,421,000 | 23,012,000 | 24,027,000 | 25,920,000 | 24,824,000 | 25,563,000 | 26,218,000 | 26,031,000 | 19,343,000 |
| Total Fixed Assets | 14,995,000 | 17,138,000 | 18,526,000 | 19,717,000 | 21,282,000 | 22,208,000 | 23,012,000 | 24,027,000 | 26,162,000 | 24,824,000 | 25,563,000 | 26,218,000 | 26,031,000 | 19,343,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 477,000 | 455,000 | 466,000 | 446,000 | 818,000 | 434,000 | 428,000 | 1,455,000 | 425,000 | 624,000 | 406,000 | 394,000 | 434,000 | 312,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 9,000 | 4,000 | 3,000 | 1,000 | 4,000 | 4,000 | 1,040,000 | 0 | 0 | 780,000 | 684,000 | 486,000 | 89,000 | 71,000 |
| Cash | 2,346,000 | 1,997,000 | 2,065,000 | 2,069,000 | 1,643,000 | 2,006,000 | 1,895,000 | 3,222,000 | 2,047,000 | 1,889,000 | 1,660,000 | 1,875,000 | 111,000 | 5,000 |
| misc current assets | 1,460,000 | 1,268,000 | 1,290,000 | 1,287,000 | 821,000 | 730,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,292,000 | 3,724,000 | 3,824,000 | 3,803,000 | 3,286,000 | 3,174,000 | 3,363,000 | 4,677,000 | 2,472,000 | 3,293,000 | 2,750,000 | 2,755,000 | 634,000 | 388,000 |
| total assets | 19,287,000 | 20,862,000 | 22,350,000 | 23,520,000 | 24,568,000 | 25,382,000 | 26,375,000 | 28,704,000 | 28,634,000 | 28,117,000 | 28,313,000 | 28,973,000 | 26,665,000 | 19,731,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 1,775,000 | 1,617,000 | 1,655,000 | 1,587,000 | 884,000 | 1,102,000 | 1,065,000 | 954,000 | 908,000 | 747,000 | 581,000 | 591,000 | 2,700,000 | 0 |
| Trade Creditors | 417,000 | 202,000 | 180,000 | 185,000 | 540,000 | 172,000 | 0 | 1,432,000 | 169,000 | 0 | 5,000 | 3,000 | 8,000 | 6,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 62,000 | 0 | 456,000 | 265,000 | 229,000 | 1,022,000 | 851,000 |
| other short term finances | 146,000 | 129,000 | 114,000 | 139,000 | 0 | 30,000 | 102,000 | 0 | 55,000 | 49,000 | 43,000 | 38,000 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 223,000 | 194,000 | 208,000 | 245,000 | 195,000 | 798,000 | 924,000 | 737,000 | 764,000 | 663,000 | 613,000 | 623,000 | 84,000 | 60,000 |
| total current liabilities | 2,561,000 | 2,142,000 | 2,157,000 | 2,156,000 | 1,619,000 | 2,102,000 | 2,091,000 | 3,185,000 | 1,896,000 | 1,915,000 | 1,507,000 | 1,484,000 | 3,814,000 | 917,000 |
| loans | 14,427,000 | 16,082,000 | 17,525,000 | 18,995,000 | 20,757,000 | 21,183,000 | 22,281,000 | 23,448,000 | 24,707,000 | 25,506,000 | 0 | 26,921,000 | 22,358,000 | 18,568,000 |
| 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 | 202,000 | 2,388,000 | 3,901,000 | 3,788,000 | 3,833,000 | 4,695,000 | 5,405,000 | 4,495,000 | 5,214,000 | 0 | 26,303,000 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 14,629,000 | 18,470,000 | 21,426,000 | 22,783,000 | 24,590,000 | 25,878,000 | 27,686,000 | 27,943,000 | 29,921,000 | 25,506,000 | 26,303,000 | 26,921,000 | 22,358,000 | 18,568,000 |
| total liabilities | 17,190,000 | 20,612,000 | 23,583,000 | 24,939,000 | 26,209,000 | 27,980,000 | 29,777,000 | 31,128,000 | 31,817,000 | 27,421,000 | 27,810,000 | 28,405,000 | 26,172,000 | 19,485,000 |
| net assets | 2,097,000 | 250,000 | -1,233,000 | -1,419,000 | -1,641,000 | -2,598,000 | -3,402,000 | -2,424,000 | -3,183,000 | 696,000 | 503,000 | 568,000 | 493,000 | 246,000 |
| total shareholders funds | 2,097,000 | 250,000 | -1,233,000 | -1,419,000 | -1,641,000 | -2,598,000 | -3,402,000 | -2,424,000 | -3,183,000 | 696,000 | 503,000 | 568,000 | 493,000 | 246,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 64,000 | 63,000 | 61,000 | 62,000 | 103,000 | 115,000 | 182,000 | 203,000 | 248,000 | 227,000 | 204,000 | 204,000 | 225,000 | 168,000 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -48,000 | -49,000 | -48,000 | -45,000 | -57,000 | -56,000 | -61,000 | -47,000 | -56,000 | -60,000 | -63,000 | -63,000 | -95,000 | -63,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,572,000 | -1,254,000 | -1,267,000 | -1,934,000 | -397,000 | -2,621,000 | -1,002,000 | -863,000 | 117,000 | -425,000 | -445,000 | 544,000 | 6,828,000 | 19,726,000 |
| Creditors | 215,000 | 22,000 | -5,000 | -355,000 | 368,000 | 172,000 | -1,432,000 | 1,263,000 | 169,000 | -5,000 | 2,000 | -5,000 | 2,000 | 6,000 |
| Accruals and Deferred Income | 29,000 | -14,000 | -37,000 | 50,000 | -603,000 | -126,000 | 187,000 | -27,000 | 101,000 | 50,000 | -10,000 | 539,000 | 24,000 | 60,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,832,000 | 1,276,000 | 1,238,000 | 1,646,000 | 208,000 | 2,726,000 | -122,000 | 2,255,000 | 345,000 | 637,000 | 578,000 | 131,000 | -6,672,000 | -19,555,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -544,000 | -144,000 | 98,000 | -6,000 | -145,000 | 787,000 | 0 | -242,000 | 242,000 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 158,000 | -38,000 | 68,000 | 703,000 | -218,000 | 37,000 | 111,000 | 46,000 | 161,000 | 166,000 | -10,000 | -2,109,000 | 2,700,000 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -62,000 | 62,000 | -456,000 | 191,000 | 36,000 | -793,000 | 171,000 | 851,000 |
| Other Short Term Loans | 17,000 | 15,000 | -25,000 | 139,000 | -30,000 | -72,000 | 102,000 | -55,000 | 6,000 | 6,000 | 5,000 | 38,000 | 0 | 0 |
| Long term loans | -1,655,000 | -1,443,000 | -1,470,000 | -1,762,000 | -426,000 | -1,098,000 | -1,167,000 | -1,259,000 | -799,000 | 25,506,000 | -26,921,000 | 4,563,000 | 3,790,000 | 18,568,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -2,186,000 | -1,513,000 | 113,000 | -45,000 | -862,000 | -710,000 | 910,000 | -719,000 | 5,214,000 | -26,303,000 | 26,303,000 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 192,000 | 187,000 | 189,000 | 167,000 | 196,000 | 156,000 | 34,000 | 28,000 | 36,000 | 26,000 | 5,000 | 34,000 | 117,000 | 56,000 |
| cash flow from financing | -1,835,000 | -1,422,000 | -1,141,000 | -760,000 | -625,000 | -1,098,000 | -962,000 | -1,322,000 | 55,000 | -408,000 | -579,000 | 1,733,000 | 6,778,000 | 19,560,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 349,000 | -68,000 | -4,000 | 426,000 | -363,000 | 111,000 | -1,327,000 | 1,175,000 | 158,000 | 229,000 | -215,000 | 1,764,000 | 106,000 | 5,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 349,000 | -68,000 | -4,000 | 426,000 | -363,000 | 111,000 | -1,327,000 | 1,175,000 | 158,000 | 229,000 | -215,000 | 1,764,000 | 106,000 | 5,000 |
connect roads south tyneside limited Credit Report and Business Information
Connect Roads South Tyneside Limited Competitor Analysis
Perform a competitor analysis for connect roads south tyneside limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
connect roads south tyneside limited Ownership
CONNECT ROADS SOUTH TYNESIDE LIMITED group structure
Connect Roads South Tyneside Limited has no subsidiary companies.
Ultimate parent company
2 parents
CONNECT ROADS SOUTH TYNESIDE LIMITED
05533272
connect roads south tyneside limited directors
Connect Roads South Tyneside Limited currently has 4 directors. The longest serving directors include Mr Mark Mageean (Sep 2014) and Mr Thomas Cunningham (Dec 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Mageean | United Kingdom | 50 years | Sep 2014 | - | Director |
| Mr Thomas Cunningham | England | 49 years | Dec 2016 | - | Director |
| Mr Philip Bent | United Kingdom | 53 years | Jun 2017 | - | Director |
| Mr Jack Scott | United Kingdom | 32 years | Mar 2021 | - | Director |
P&L
December 2022turnover
3.2m
+39%
operating profit
64k
+2%
gross margin
5.8%
-11.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2.1m
+7.39%
total assets
19.3m
-0.08%
cash
2.3m
+0.17%
net assets
Total assets minus all liabilities
connect roads south tyneside limited company details
company number
05533272
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
August 2005
age
19
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
q14 quorum business park, benton lane, newcastle upon tyne, england, NE12 8BU
last accounts submitted
December 2022
connect roads south tyneside 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 2 charges/mortgages relating to connect roads south tyneside limited. Currently there are 2 open charges and 0 have been satisfied in the past.
connect roads south tyneside limited Companies House Filings - See Documents
| date | description | view/download |
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