connect plus (m25) holdings limited

4

connect plus (m25) holdings limited Company Information

Share CONNECT PLUS (M25) HOLDINGS LIMITED
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EstablishedMegaHealthy

Company Number

06684025

Registered Address

connect plus house, st albans road, south mimms, hertfordshire, EN6 3NP

Industry

Activities of construction holding companies

 

Telephone

02033868500

Next Accounts Due

December 2024

Group Structure

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Directors

Alastair Campbell15 Years

Brian Walker14 Years

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Shareholders

bbde orbital holdings llp 40%

edge orbital holdings limited 40%

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connect plus (m25) holdings limited Estimated Valuation

£754.7m

Pomanda estimates the enterprise value of CONNECT PLUS (M25) HOLDINGS LIMITED at £754.7m based on a Turnover of £219.7m and 3.43x industry multiple (adjusted for size and gross margin).

connect plus (m25) holdings limited Estimated Valuation

£674.5m

Pomanda estimates the enterprise value of CONNECT PLUS (M25) HOLDINGS LIMITED at £674.5m based on an EBITDA of £44.8m and a 15.05x industry multiple (adjusted for size and gross margin).

connect plus (m25) holdings limited Estimated Valuation

£0

Pomanda estimates the enterprise value of CONNECT PLUS (M25) HOLDINGS LIMITED at £0 based on Net Assets of £-212.7m and 1.83x industry multiple (adjusted for liquidity).

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Connect Plus (m25) Holdings Limited Overview

Connect Plus (m25) Holdings Limited is a live company located in south mimms, EN6 3NP with a Companies House number of 06684025. It operates in the activities of construction holding companies sector, SIC Code 64203. Founded in August 2008, it's largest shareholder is bbde orbital holdings llp with a 40% stake. Connect Plus (m25) Holdings Limited is a established, mega sized company, Pomanda has estimated its turnover at £219.7m with healthy growth in recent years.

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Connect Plus (m25) Holdings Limited Health Check

Pomanda's financial health check has awarded Connect Plus (M25) Holdings Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £219.7m, make it larger than the average company (£25.2m)

£219.7m - Connect Plus (m25) Holdings Limited

£25.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (6.3%)

10% - Connect Plus (m25) Holdings Limited

6.3% - Industry AVG

production

Production

with a gross margin of 29%, this company has a lower cost of product (17.6%)

29% - Connect Plus (m25) Holdings Limited

17.6% - Industry AVG

profitability

Profitability

an operating margin of 20.4% make it more profitable than the average company (4.5%)

20.4% - Connect Plus (m25) Holdings Limited

4.5% - Industry AVG

employees

Employees

with 673 employees, this is above the industry average (82)

673 - Connect Plus (m25) Holdings Limited

82 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Connect Plus (m25) Holdings Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £326.5k, this is equally as efficient (£326.6k)

£326.5k - Connect Plus (m25) Holdings Limited

£326.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 90 days, this is later than average (56 days)

90 days - Connect Plus (m25) Holdings Limited

56 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 22 days, this is quicker than average (50 days)

22 days - Connect Plus (m25) Holdings Limited

50 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Connect Plus (m25) Holdings Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 19 weeks, this is average cash available to meet short term requirements (19 weeks)

19 weeks - Connect Plus (m25) Holdings Limited

19 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 115.1%, this is a higher level of debt than the average (62.6%)

115.1% - Connect Plus (m25) Holdings Limited

62.6% - Industry AVG

CONNECT PLUS (M25) HOLDINGS LIMITED financials

EXPORTms excel logo

Connect Plus (M25) Holdings Limited's latest turnover from March 2023 is £219.7 million and the company has net assets of -£212.7 million. According to their latest financial statements, we estimate that Connect Plus (M25) Holdings Limited has 673 employees and maintains cash reserves of £36 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover219,740,000204,111,000167,529,000163,202,000171,210,000127,409,000129,074,000119,018,000172,316,000367,684,000869,964,000396,808,000338,425,00039,419,000
Other Income Or Grants00000000000000
Cost Of Sales156,096,000153,713,000128,447,000131,941,000142,222,000105,558,000108,290,00097,940,000151,829,000346,600,000848,482,000380,857,000326,610,00031,468,000
Gross Profit63,644,00050,398,00039,082,00031,261,00028,988,00021,851,00020,784,00021,078,00020,487,00021,084,00021,482,00015,951,00011,815,0007,951,000
Admin Expenses18,840,00017,442,00014,751,00015,361,00014,062,00014,667,00014,514,00013,893,00014,398,00013,771,00015,722,00010,533,0009,929,0006,162,000
Operating Profit44,804,00032,956,00024,331,00015,900,00014,926,0007,184,0006,270,0007,185,0006,089,0007,313,0005,760,0005,418,0001,886,0001,789,000
Interest Payable101,501,000103,807,000107,147,000103,641,000172,402,000104,618,000104,359,000104,278,000107,667,000103,051,00083,408,00024,089,0003,157,0000
Interest Receivable112,017,000112,724,000114,787,000117,790,000119,299,000120,222,000121,627,000123,199,000123,987,000124,985,000106,611,00036,779,0005,463,000281,000
Pre-Tax Profit55,320,00041,873,00031,971,00030,049,000-38,177,00022,788,00023,538,00026,106,00022,409,00027,885,00028,963,00018,108,0004,192,0002,070,000
Tax-10,374,000-4,605,000-6,075,000-4,667,0006,246,000-4,216,000-4,881,000-5,238,000-4,787,000-6,414,000-6,951,000-4,720,000-1,171,000-577,000
Profit After Tax44,946,00037,268,00025,896,00025,382,000-31,931,00018,572,00018,657,00020,868,00017,622,00021,471,00022,012,00013,388,0003,021,0001,493,000
Dividends Paid42,303,00036,593,00026,934,00034,970,00037,285,00005,493,00011,121,00021,534,00000000
Retained Profit2,643,000675,000-1,038,000-9,588,000-69,216,00018,572,00013,164,0009,747,000-3,912,00021,471,00022,012,00013,388,0003,021,0001,493,000
Employee Costs00000000000000
Number Of Employees6736926605756344785084937901,7394,5132,1092,010236
EBITDA*44,804,00032,956,00024,331,00015,900,00014,926,0007,184,0006,270,0007,185,0006,089,0007,313,0005,760,0005,418,0001,886,0001,789,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets00000000000000
Intangible Assets00000000000000
Investments & Other89,491,00097,207,00059,380,00061,105,00063,672,000000000000
Debtors (Due After 1 year)1,102,077,0001,098,445,0001,096,983,0001,108,274,0001,120,215,0001,169,817,0001,199,694,0001,208,041,0001,228,366,0001,165,956,0001,157,517,000479,554,000209,599,0000
Total Fixed Assets1,191,568,0001,195,652,0001,156,363,0001,169,379,0001,183,887,0001,169,817,0001,199,694,0001,208,041,0001,228,366,0001,165,956,0001,157,517,000479,554,000209,599,0000
Stock & work in progress00000000000624,989,000548,623,000414,257,000
Trade Debtors54,554,00051,255,00046,415,00019,750,00041,521,00043,730,00044,280,00013,196,00020,068,00097,436,00049,752,000014,078,0009,715,000
Group Debtors13,00035,00015,00016,00013,00040,00063,000123,000852,0001,037,0001,244,000159,00022,0000
Misc Debtors37,823,00032,214,00060,720,00071,334,00055,133,00051,345,00046,597,00033,993,00024,831,00026,477,00033,584,00021,101,00018,227,00014,239,000
Cash36,020,00029,837,00033,838,000136,684,000109,590,000140,536,00030,851,00029,202,000116,431,00035,062,00044,253,00035,946,00029,127,0005,214,000
misc current assets88,510,000107,286,000106,599,00043,247,000064,107,000132,591,000148,984,00063,336,000116,093,000123,478,00076,485,00061,049,00062,972,000
total current assets216,920,000220,627,000247,587,000271,031,000249,218,000299,758,000254,382,000225,498,000225,518,000276,105,000252,311,000758,680,000671,126,000506,397,000
total assets1,408,488,0001,416,279,0001,403,950,0001,440,410,0001,433,105,0001,469,575,0001,454,076,0001,433,539,0001,453,884,0001,442,061,0001,409,828,0001,238,234,000880,725,000506,397,000
Bank overdraft00000000000000
Bank loan9,840,0007,722,0007,843,0006,400,0002,928,00015,224,00017,909,0005,786,00010,728,00010,708,0009,317,0001,788,00000
Trade Creditors 9,464,0008,639,000776,00015,700,0008,473,0008,156,0005,267,0004,525,0001,312,00072,564,0002,936,0004,714,0001,920,0000
Group/Directors Accounts29,547,00026,901,00023,074,00025,672,00022,849,00038,400,00028,848,00026,444,00039,286,00025,368,00031,006,00030,386,00034,096,00028,135,000
other short term finances25,453,00018,434,00018,943,00011,822,0005,189,000000000000
hp & lease commitments00000000000000
other current liabilities23,845,00020,379,00046,197,00056,982,00046,757,00044,782,00033,815,00022,819,00032,126,00022,562,00054,928,00017,680,00021,075,0007,118,000
total current liabilities98,149,00082,075,00096,833,000116,576,00086,196,000106,562,00085,839,00059,574,00083,452,000131,202,00098,187,00054,568,00057,091,00035,253,000
loans1,315,918,0001,355,368,0001,385,306,0001,422,840,0001,451,814,0001,220,976,0001,235,502,0001,257,745,0001,256,874,0001,261,085,0001,271,750,0001,165,787,000819,143,000469,674,000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities207,082,000219,000,000123,327,000110,352,000137,883,000317,627,000369,730,000333,802,000335,854,00000000
provisions00000000000000
total long term liabilities1,523,000,0001,574,368,0001,508,633,0001,533,192,0001,589,697,0001,538,603,0001,605,232,0001,591,547,0001,592,728,0001,261,085,0001,271,750,0001,165,787,000819,143,000469,674,000
total liabilities1,621,149,0001,656,443,0001,605,466,0001,649,768,0001,675,893,0001,645,165,0001,691,071,0001,651,121,0001,676,180,0001,392,287,0001,369,937,0001,220,355,000876,234,000504,927,000
net assets-212,661,000-240,164,000-201,516,000-209,358,000-242,788,000-175,590,000-236,995,000-217,582,000-222,296,00049,774,00039,891,00017,879,0004,491,0001,470,000
total shareholders funds-212,661,000-240,164,000-201,516,000-209,358,000-242,788,000-175,590,000-236,995,000-217,582,000-222,296,00049,774,00039,891,00017,879,0004,491,0001,470,000
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit44,804,00032,956,00024,331,00015,900,00014,926,0007,184,0006,270,0007,185,0006,089,0007,313,0005,760,0005,418,0001,886,0001,789,000
Depreciation00000000000000
Amortisation00000000000000
Tax-10,374,000-4,605,000-6,075,000-4,667,0006,246,000-4,216,000-4,881,000-5,238,000-4,787,000-6,414,000-6,951,000-4,720,000-1,171,000-577,000
Stock0000000000-624,989,00076,366,000134,366,000414,257,000
Debtors12,518,000-22,184,0004,759,000-17,508,000-48,050,000-25,702,00035,281,000-18,764,000-16,789,00048,809,000741,283,000258,888,000217,972,00023,954,000
Creditors825,0007,863,000-14,924,0007,227,000317,0002,889,000742,0003,213,000-71,252,00069,628,000-1,778,0002,794,0001,920,0000
Accruals and Deferred Income3,466,000-25,818,000-10,785,00010,225,0001,975,00010,967,00010,996,000-9,307,0009,564,000-32,366,00037,248,000-3,395,00013,957,0007,118,000
Deferred Taxes & Provisions00000000000000
Cash flow from operations26,203,00032,580,000-12,212,00046,193,00071,514,00042,526,000-22,154,00014,617,000-43,597,000-10,648,000-82,015,000-335,157,000-335,746,000-429,881,000
Investing Activities
capital expenditure0000068,484,00016,393,0000000000
Change in Investments-7,716,00037,827,000-1,725,000-2,567,00063,672,000000000000
cash flow from investments7,716,000-37,827,0001,725,0002,567,000-63,672,00068,484,00016,393,0000000000
Financing Activities
Bank loans2,118,000-121,0001,443,0003,472,000-12,296,000-2,685,00012,123,000-4,942,00020,0001,391,0007,529,0001,788,00000
Group/Directors Accounts2,646,0003,827,000-2,598,0002,823,000-15,551,0009,552,0002,404,000-12,842,00013,918,000-5,638,000620,000-3,710,0005,961,00028,135,000
Other Short Term Loans 7,019,000-509,0007,121,0006,633,0005,189,000000000000
Long term loans-39,450,000-29,938,000-37,534,000-28,974,000230,838,000-14,526,000-22,243,000871,000-4,211,000-10,665,000105,963,000346,644,000349,469,000469,674,000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities-11,918,00095,673,00012,975,000-27,531,000-179,744,000-52,103,00035,928,000-2,052,000335,854,00000000
share issue24,860,000-39,323,0008,880,00043,018,0002,018,00042,833,000-32,577,000-5,033,000-268,158,000-11,588,000000-23,000
interest10,516,0008,917,0007,640,00014,149,000-53,103,00015,604,00017,268,00018,921,00016,320,00021,934,00023,203,00012,690,0002,306,000281,000
cash flow from financing-4,209,00038,526,000-2,073,00013,590,000-22,649,000-1,325,00012,903,000-5,077,00093,743,000-4,566,000137,315,000357,412,000357,736,000498,067,000
cash and cash equivalents
cash6,183,000-4,001,000-102,846,00027,094,000-30,946,000109,685,0001,649,000-87,229,00081,369,000-9,191,0008,307,0006,819,00023,913,0005,214,000
overdraft00000000000000
change in cash6,183,000-4,001,000-102,846,00027,094,000-30,946,000109,685,0001,649,000-87,229,00081,369,000-9,191,0008,307,0006,819,00023,913,0005,214,000

connect plus (m25) holdings limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Connect Plus (m25) Holdings Limited Competitor Analysis

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Perform a competitor analysis for connect plus (m25) holdings limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

connect plus (m25) holdings limited Ownership

CONNECT PLUS (M25) HOLDINGS LIMITED group structure

Connect Plus (M25) Holdings Limited has 2 subsidiary companies.

Ultimate parent company

CONNECT PLUS (M25) HOLDINGS LIMITED

06684025

2 subsidiaries

CONNECT PLUS (M25) HOLDINGS LIMITED Shareholders

bbde orbital holdings llp 40%
edge orbital holdings limited 40%
egis investments partners csa 10%
edge orbital holdings 2 limited 10%

connect plus (m25) holdings limited directors

Connect Plus (M25) Holdings Limited currently has 13 directors. The longest serving directors include Mr Alastair Campbell (May 2009) and Mr Brian Walker (Mar 2010).

officercountryagestartendrole
Mr Alastair Campbell54 years May 2009- Director
Mr Brian WalkerEngland68 years Mar 2010- Director
Ms Jane Guyett64 years Sep 2014- Director
Mr Richard KnightEngland50 years Jan 2017- Director
Mr Andrew DeanUnited Kingdom57 years Apr 2017- Director
Mr Philip BentleyUnited Kingdom52 years Apr 2018- Director
Ms Sofia AthanassiouUnited Kingdom47 years Sep 2018- Director
Mr Philip SkermanUnited Kingdom36 years Feb 2019- Director
Mr John GordonUnited Kingdom61 years Feb 2019- Director
Mr Stephen WorthyUnited Kingdom47 years Feb 2019- Director

P&L

March 2023

turnover

219.7m

+8%

operating profit

44.8m

+36%

gross margin

29%

+17.3%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

-212.7m

-0.11%

total assets

1.4b

-0.01%

cash

36m

+0.21%

net assets

Total assets minus all liabilities

connect plus (m25) holdings limited company details

company number

06684025

Type

Private limited with Share Capital

industry

64203 - Activities of construction holding companies

incorporation date

August 2008

age

16

accounts

Group

ultimate parent company

None

previous names

N/A

incorporated

UK

address

connect plus house, st albans road, south mimms, hertfordshire, EN6 3NP

last accounts submitted

March 2023

connect plus (m25) 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 2 charges/mortgages relating to connect plus (m25) holdings limited. Currently there are 2 open charges and 0 have been satisfied in the past.

charges

connect plus (m25) holdings limited Companies House Filings - See Documents

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