connect plus business limited
connect plus business limited Company Information
Company Number
05589101
Next Accounts
Sep 2025
Shareholders
luis carlos mesquita poves
fabian velez duque
Group Structure
View All
Industry
Other activities auxiliary to financial services, except insurance and pension funding
Registered Address
mezzanine floor rear, 14, waterloo place, london, SW1Y 4AR
connect plus business limited Estimated Valuation
Pomanda estimates the enterprise value of CONNECT PLUS BUSINESS LIMITED at £5m based on a Turnover of £5.2m and 0.97x industry multiple (adjusted for size and gross margin).
connect plus business limited Estimated Valuation
Pomanda estimates the enterprise value of CONNECT PLUS BUSINESS LIMITED at £0 based on an EBITDA of £-191.2k and a 4.23x industry multiple (adjusted for size and gross margin).
connect plus business limited Estimated Valuation
Pomanda estimates the enterprise value of CONNECT PLUS BUSINESS LIMITED at £1.6m based on Net Assets of £668.4k and 2.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Connect Plus Business Limited Overview
Connect Plus Business Limited is a live company located in london, SW1Y 4AR with a Companies House number of 05589101. It operates in the activities auxiliary to financial intermediation n.e.c. sector, SIC Code 66190. Founded in October 2005, it's largest shareholder is luis carlos mesquita poves with a 90% stake. Connect Plus Business Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.2m with rapid growth in recent years.
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Connect Plus Business Limited Health Check
Pomanda's financial health check has awarded Connect Plus Business Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
2 Weak
Size
annual sales of £5.2m, make it larger than the average company (£4.1m)
- Connect Plus Business Limited
£4.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 49%, show it is growing at a faster rate (9%)
- Connect Plus Business Limited
9% - Industry AVG
Production
with a gross margin of 70.3%, this company has a comparable cost of product (70.3%)
- Connect Plus Business Limited
70.3% - Industry AVG
Profitability
an operating margin of -3.7% make it less profitable than the average company (8.9%)
- Connect Plus Business Limited
8.9% - Industry AVG
Employees
with 14 employees, this is above the industry average (9)
14 - Connect Plus Business Limited
9 - Industry AVG
Pay Structure
on an average salary of £73.6k, the company has an equivalent pay structure (£73.6k)
- Connect Plus Business Limited
£73.6k - Industry AVG
Efficiency
resulting in sales per employee of £370k, this is more efficient (£183.3k)
- Connect Plus Business Limited
£183.3k - Industry AVG
Debtor Days
it gets paid by customers after 56 days, this is later than average (34 days)
- Connect Plus Business Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 201 days, this is slower than average (37 days)
- Connect Plus Business Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Connect Plus Business Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 26 weeks, this is average cash available to meet short term requirements (28 weeks)
26 weeks - Connect Plus Business Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.8%, this is a lower level of debt than the average (73.6%)
56.8% - Connect Plus Business Limited
73.6% - Industry AVG
CONNECT PLUS BUSINESS LIMITED financials
Connect Plus Business Limited's latest turnover from December 2023 is estimated at £5.2 million and the company has net assets of £668.4 thousand. According to their latest financial statements, Connect Plus Business Limited has 14 employees and maintains cash reserves of £442.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | 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 | 1,019,184 | 1,106,638 | 1,564,619 | 852,612 | 781,826 | 813,973 | 772,411 | 352,403 | 345,390 | 89,229 | 93,514 | 157,441 | 147,171 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Gross Profit | 1,019,184 | 1,106,638 | 1,564,619 | 852,612 | 781,826 | 813,973 | 772,411 | ||||||||
| Admin Expenses | 904,725 | 1,045,768 | 1,082,469 | 847,304 | 775,743 | 801,273 | 584,376 | ||||||||
| Operating Profit | 114,459 | 60,870 | 482,150 | 5,308 | 6,083 | 12,700 | 188,035 | 7,698 | 1,461 | 12,327 | 9,917 | 21,093 | -29,614 | ||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Pre-Tax Profit | 114,459 | 60,870 | 482,150 | 5,308 | 6,083 | 12,700 | 188,035 | 7,698 | 1,461 | 12,327 | 9,917 | 21,093 | -29,614 | ||
| Tax | 873 | 1,598 | -90,950 | 1,987 | -1,583 | -2,684 | -40,572 | -1,614 | -1,193 | -2,480 | 0 | -4,598 | 5,542 | ||
| Profit After Tax | 115,332 | 62,468 | 391,200 | 7,295 | 4,500 | 10,016 | 147,463 | 6,084 | 268 | 9,847 | 9,917 | 16,495 | -24,072 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | 115,332 | 62,468 | 391,200 | 7,295 | 4,500 | 10,016 | 147,463 | 6,084 | 268 | 9,847 | 9,917 | 16,495 | -24,072 | ||
| Employee Costs | |||||||||||||||
| Number Of Employees | 14 | 12 | 12 | 10 | 2 | 11 | 8 | 8 | |||||||
| EBITDA* | 120,717 | 72,552 | 529,447 | 40,922 | 6,083 | 12,700 | 190,584 | 12,336 | 5,429 | 16,300 | 15,110 | 22,568 | -25,931 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | 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 | 2,256 | 0 | 6,258 | 17,940 | 29,622 | 0 | 0 | 0 | 2,550 | 5,998 | 6,662 | 10,630 | 14,084 | 1,828 | 3,303 |
| Intangible Assets | 202,405 | 156,000 | 108,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,528 | 1,528 | 1,528 | 1,528 |
| Investments & Other | 72,208 | 72,208 | 72,208 | 72,208 | 0 | 0 | 0 | 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 | 0 |
| Total Fixed Assets | 276,869 | 228,208 | 186,466 | 90,148 | 29,622 | 0 | 0 | 0 | 2,550 | 5,998 | 6,662 | 12,158 | 15,612 | 3,356 | 4,831 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 798,270 | 1,511,724 | 543,192 | 1,233,902 | 691,300 | 526,808 | 779,673 | 469,779 | 143,203 | 133,371 | 123,276 | 178,326 | 126,763 | 110,348 | 83,933 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 29,811 | 19,463 | 13,845 | 12,748 | 13,869 | 10,344 | 9,851 | 10,064 | 9,027 | 10,137 | 17,145 | 16,803 | 7,158 | 12,700 | 11,700 |
| Cash | 442,638 | 673,176 | 855,982 | 1,038,781 | 280,236 | 974,970 | 464,091 | 309,888 | 242,513 | 117,567 | 87,264 | 53,462 | 45,042 | 53,490 | 103,235 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,270,719 | 2,204,363 | 1,413,019 | 2,285,431 | 985,405 | 1,512,122 | 1,253,615 | 789,731 | 394,743 | 261,075 | 227,685 | 248,591 | 178,963 | 176,538 | 198,868 |
| total assets | 1,547,588 | 2,432,571 | 1,599,485 | 2,375,579 | 1,015,027 | 1,512,122 | 1,253,615 | 789,731 | 397,293 | 267,073 | 234,347 | 260,749 | 194,575 | 179,894 | 203,699 |
| Bank overdraft | 0 | 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 | 0 |
| Trade Creditors | 849,743 | 1,545,052 | 658,720 | 1,325,416 | 674,811 | 1,155,828 | 760,159 | 370,663 | 272,824 | 191,906 | 166,589 | 189,745 | 127,955 | 124,991 | 172,688 |
| Group/Directors Accounts | 0 | 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 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 17,672 | 45,392 | 213,970 | 385,836 | 67,089 | 90,462 | 232,124 | 167,752 | 20,616 | 7,996 | 6,671 | 10,185 | 15,648 | 13,848 | 7,451 |
| total current liabilities | 867,415 | 1,590,444 | 872,690 | 1,711,252 | 741,900 | 1,246,290 | 992,283 | 538,415 | 293,440 | 199,902 | 173,260 | 199,930 | 143,603 | 138,839 | 180,139 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 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 | 0 |
| other liabilities | 11,735 | 11,735 | 11,735 | 11,735 | 11,735 | 11,735 | 11,735 | 11,735 | 11,735 | 11,735 | 11,735 | 11,735 | 11,735 | 11,735 | 20,735 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 11,735 | 11,735 | 11,735 | 11,735 | 11,735 | 11,735 | 11,735 | 11,735 | 11,735 | 11,735 | 11,735 | 11,735 | 11,735 | 11,735 | 20,735 |
| total liabilities | 879,150 | 1,602,179 | 884,425 | 1,722,987 | 753,635 | 1,258,025 | 1,004,018 | 550,150 | 305,175 | 211,637 | 184,995 | 211,665 | 155,338 | 150,574 | 200,874 |
| net assets | 668,438 | 830,392 | 715,060 | 652,592 | 261,392 | 254,097 | 249,597 | 239,581 | 92,118 | 55,436 | 49,352 | 49,084 | 39,237 | 29,320 | 2,825 |
| total shareholders funds | 668,438 | 830,392 | 715,060 | 652,592 | 261,392 | 254,097 | 249,597 | 239,581 | 92,118 | 55,436 | 49,352 | 49,084 | 39,237 | 29,320 | 2,825 |
| Dec 2023 | 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 | 114,459 | 60,870 | 482,150 | 5,308 | 6,083 | 12,700 | 188,035 | 7,698 | 1,461 | 12,327 | 9,917 | 21,093 | -29,614 | ||
| Depreciation | 0 | 6,258 | 11,682 | 47,297 | 35,614 | 0 | 0 | 2,549 | 3,448 | 4,638 | 3,968 | 3,973 | 5,193 | 1,475 | 3,683 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 873 | 1,598 | -90,950 | 1,987 | -1,583 | -2,684 | -40,572 | -1,614 | -1,193 | -2,480 | 0 | -4,598 | 5,542 | ||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -703,106 | 974,150 | -689,613 | 541,481 | 168,017 | -252,372 | 309,681 | 327,613 | 8,722 | 3,087 | -54,708 | 61,208 | 10,873 | 27,415 | 95,633 |
| Creditors | -695,309 | 886,332 | -666,696 | 650,605 | -481,017 | 395,669 | 389,496 | 97,839 | 80,918 | 25,317 | -23,156 | 61,790 | 2,964 | -47,697 | 172,688 |
| Accruals and Deferred Income | -27,720 | -168,578 | -171,866 | 318,747 | -23,373 | -141,662 | 64,372 | 147,136 | 12,620 | 1,325 | -3,514 | -5,463 | 1,800 | 6,397 | 7,451 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -134,806 | -74,799 | 866,368 | -629,498 | 510,879 | 154,203 | 67,374 | 34,277 | 32,274 | 8,939 | 9,001 | -50,745 | 64,117 | ||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 72,208 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 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 | 0 |
| Other Short Term Loans | 0 | 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 | 0 |
| Hire Purchase and Lease Commitments | 0 | 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 | -9,000 | 20,735 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| cash flow from financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 47,632 | ||
| cash and cash equivalents | |||||||||||||||
| cash | -230,538 | -182,806 | -182,799 | 758,545 | -694,734 | 510,879 | 154,203 | 67,375 | 124,946 | 30,303 | 33,802 | 8,420 | -8,448 | -49,745 | 103,235 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -230,538 | -182,806 | -182,799 | 758,545 | -694,734 | 510,879 | 154,203 | 67,375 | 124,946 | 30,303 | 33,802 | 8,420 | -8,448 | -49,745 | 103,235 |
connect plus business limited Credit Report and Business Information
Connect Plus Business Limited Competitor Analysis
Perform a competitor analysis for connect plus business limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in SW1Y area or any other competitors across 12 key performance metrics.
connect plus business limited Ownership
CONNECT PLUS BUSINESS LIMITED group structure
Connect Plus Business Limited has no subsidiary companies.
Ultimate parent company
CONNECT PLUS BUSINESS LIMITED
05589101
connect plus business limited directors
Connect Plus Business Limited currently has 2 directors. The longest serving directors include Mr Luis Mesquita Poves (Oct 2005) and Mr Fabian Velez Duque (Aug 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Luis Mesquita Poves | Spain | 60 years | Oct 2005 | - | Director |
| Mr Fabian Velez Duque | England | 55 years | Aug 2006 | - | Director |
P&L
December 2023turnover
5.2m
+408%
operating profit
-191.2k
0%
gross margin
70.4%
-29.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
668.4k
-0.2%
total assets
1.5m
-0.36%
cash
442.6k
-0.34%
net assets
Total assets minus all liabilities
connect plus business limited company details
company number
05589101
Type
Private limited with Share Capital
industry
66190 - Other activities auxiliary to financial services, except insurance and pension funding
incorporation date
October 2005
age
20
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
mezzanine floor rear, 14, waterloo place, london, SW1Y 4AR
Bank
-
Legal Advisor
-
connect plus business 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 connect plus business limited.
connect plus business 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.
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connect plus business limited Companies House Filings - See Documents
| date | description | view/download |
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