connect plus (m25) holdings limited Company Information
Company Number
06684025
Next Accounts
Dec 2025
Shareholders
bbde orbital holdings llp
edge orbital holdings limited
View AllGroup Structure
View All
Industry
Activities of construction holding companies
Registered Address
connect plus house, st albans road, south mimms, hertfordshire, EN6 3NP
Website
www.connectplusm25.co.ukconnect plus (m25) holdings limited Estimated Valuation
Pomanda estimates the enterprise value of CONNECT PLUS (M25) HOLDINGS LIMITED at £726.9m based on a Turnover of £261.9m and 2.78x industry multiple (adjusted for size and gross margin).
connect plus (m25) holdings limited Estimated Valuation
Pomanda estimates the enterprise value of CONNECT PLUS (M25) HOLDINGS LIMITED at £614m based on an EBITDA of £50.9m and a 12.06x industry multiple (adjusted for size and gross margin).
connect plus (m25) holdings limited Estimated Valuation
Pomanda estimates the enterprise value of CONNECT PLUS (M25) HOLDINGS LIMITED at £0 based on Net Assets of £-170.8m and 1.73x 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 £261.9m with high 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 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs


5 Strong

1 Regular

4 Weak

Size
annual sales of £261.9m, make it larger than the average company (£24.8m)
£261.9m - Connect Plus (m25) Holdings Limited
£24.8m - Industry AVG

Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (9.7%)
16% - Connect Plus (m25) Holdings Limited
9.7% - Industry AVG

Production
with a gross margin of 28%, this company has a lower cost of product (17%)
28% - Connect Plus (m25) Holdings Limited
17% - Industry AVG

Profitability
an operating margin of 19.4% make it more profitable than the average company (4.5%)
19.4% - Connect Plus (m25) Holdings Limited
4.5% - Industry AVG

Employees
with 767 employees, this is above the industry average (80)
- Connect Plus (m25) Holdings Limited
80 - Industry AVG

Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Connect Plus (m25) Holdings Limited
- - Industry AVG

Efficiency
resulting in sales per employee of £341.5k, this is equally as efficient (£341.5k)
- Connect Plus (m25) Holdings Limited
£341.5k - Industry AVG

Debtor Days
it gets paid by customers after 90 days, this is later than average (51 days)
90 days - Connect Plus (m25) Holdings Limited
51 days - Industry AVG

Creditor Days
its suppliers are paid after 19 days, this is quicker than average (42 days)
19 days - Connect Plus (m25) Holdings Limited
42 days - Industry AVG

Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Connect Plus (m25) Holdings Limited
- - Industry AVG

Cash Balance
has cash to cover current liabilities for 13 weeks, this is less cash available to meet short term requirements (21 weeks)
13 weeks - Connect Plus (m25) Holdings Limited
21 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 112.2%, this is a higher level of debt than the average (61.8%)
112.2% - Connect Plus (m25) Holdings Limited
61.8% - Industry AVG
CONNECT PLUS (M25) HOLDINGS LIMITED financials

Connect Plus (M25) Holdings Limited's latest turnover from March 2024 is £261.9 million and the company has net assets of -£170.8 million. According to their latest financial statements, we estimate that Connect Plus (M25) Holdings Limited has 767 employees and maintains cash reserves of £28 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | 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 | 261,916,000 | 219,740,000 | 204,111,000 | 167,529,000 | 163,202,000 | 171,210,000 | 127,409,000 | 129,074,000 | 119,018,000 | 172,316,000 | 367,684,000 | 869,964,000 | 396,808,000 | 338,425,000 | 39,419,000 |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 188,636,000 | 156,096,000 | 153,713,000 | 128,447,000 | 131,941,000 | 142,222,000 | 105,558,000 | 108,290,000 | 97,940,000 | 151,829,000 | 346,600,000 | 848,482,000 | 380,857,000 | 326,610,000 | 31,468,000 |
Gross Profit | 73,280,000 | 63,644,000 | 50,398,000 | 39,082,000 | 31,261,000 | 28,988,000 | 21,851,000 | 20,784,000 | 21,078,000 | 20,487,000 | 21,084,000 | 21,482,000 | 15,951,000 | 11,815,000 | 7,951,000 |
Admin Expenses | 22,364,000 | 18,840,000 | 17,442,000 | 14,751,000 | 15,361,000 | 14,062,000 | 14,667,000 | 14,514,000 | 13,893,000 | 14,398,000 | 13,771,000 | 15,722,000 | 10,533,000 | 9,929,000 | 6,162,000 |
Operating Profit | 50,916,000 | 44,804,000 | 32,956,000 | 24,331,000 | 15,900,000 | 14,926,000 | 7,184,000 | 6,270,000 | 7,185,000 | 6,089,000 | 7,313,000 | 5,760,000 | 5,418,000 | 1,886,000 | 1,789,000 |
Interest Payable | 100,645,000 | 101,501,000 | 103,807,000 | 107,147,000 | 103,641,000 | 172,402,000 | 104,618,000 | 104,359,000 | 104,278,000 | 107,667,000 | 103,051,000 | 83,408,000 | 24,089,000 | 3,157,000 | |
Interest Receivable | 113,745,000 | 112,017,000 | 112,724,000 | 114,787,000 | 117,790,000 | 119,299,000 | 120,222,000 | 121,627,000 | 123,199,000 | 123,987,000 | 124,985,000 | 106,611,000 | 36,779,000 | 5,463,000 | 281,000 |
Pre-Tax Profit | 64,016,000 | 55,320,000 | 41,873,000 | 31,971,000 | 30,049,000 | -38,177,000 | 22,788,000 | 23,538,000 | 26,106,000 | 22,409,000 | 27,885,000 | 28,963,000 | 18,108,000 | 4,192,000 | 2,070,000 |
Tax | -16,005,000 | -10,374,000 | -4,605,000 | -6,075,000 | -4,667,000 | 6,246,000 | -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 Tax | 48,011,000 | 44,946,000 | 37,268,000 | 25,896,000 | 25,382,000 | -31,931,000 | 18,572,000 | 18,657,000 | 20,868,000 | 17,622,000 | 21,471,000 | 22,012,000 | 13,388,000 | 3,021,000 | 1,493,000 |
Dividends Paid | 29,537,000 | 42,303,000 | 36,593,000 | 26,934,000 | 34,970,000 | 37,285,000 | 5,493,000 | 11,121,000 | 21,534,000 | ||||||
Retained Profit | 18,474,000 | 2,643,000 | 675,000 | -1,038,000 | -9,588,000 | -69,216,000 | 18,572,000 | 13,164,000 | 9,747,000 | -3,912,000 | 21,471,000 | 22,012,000 | 13,388,000 | 3,021,000 | 1,493,000 |
Employee Costs | |||||||||||||||
Number Of Employees | |||||||||||||||
EBITDA* | 50,916,000 | 44,804,000 | 32,956,000 | 24,331,000 | 15,900,000 | 14,926,000 | 7,184,000 | 6,270,000 | 7,185,000 | 6,089,000 | 7,313,000 | 5,760,000 | 5,418,000 | 1,886,000 | 1,789,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | 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 | |||||||||||||||
Intangible Assets | |||||||||||||||
Investments & Other | 82,285,000 | 89,491,000 | 97,207,000 | 59,380,000 | 61,105,000 | 63,672,000 | |||||||||
Debtors (Due After 1 year) | 1,099,242,000 | 1,102,077,000 | 1,098,445,000 | 1,096,983,000 | 1,108,274,000 | 1,120,215,000 | 1,169,817,000 | 1,199,694,000 | 1,208,041,000 | 1,228,366,000 | 1,165,956,000 | 1,157,517,000 | 479,554,000 | 209,599,000 | |
Total Fixed Assets | 1,181,527,000 | 1,191,568,000 | 1,195,652,000 | 1,156,363,000 | 1,169,379,000 | 1,183,887,000 | 1,169,817,000 | 1,199,694,000 | 1,208,041,000 | 1,228,366,000 | 1,165,956,000 | 1,157,517,000 | 479,554,000 | 209,599,000 | |
Stock & work in progress | 624,989,000 | 548,623,000 | 414,257,000 | ||||||||||||
Trade Debtors | 64,935,000 | 54,554,000 | 51,255,000 | 46,415,000 | 19,750,000 | 41,521,000 | 43,730,000 | 44,280,000 | 13,196,000 | 20,068,000 | 97,436,000 | 49,752,000 | 14,078,000 | 9,715,000 | |
Group Debtors | 77,000 | 13,000 | 35,000 | 15,000 | 16,000 | 13,000 | 40,000 | 63,000 | 123,000 | 852,000 | 1,037,000 | 1,244,000 | 159,000 | 22,000 | |
Misc Debtors | 36,030,000 | 37,823,000 | 32,214,000 | 60,720,000 | 71,334,000 | 55,133,000 | 51,345,000 | 46,597,000 | 33,993,000 | 24,831,000 | 26,477,000 | 33,584,000 | 21,101,000 | 18,227,000 | 14,239,000 |
Cash | 27,981,000 | 36,020,000 | 29,837,000 | 33,838,000 | 136,684,000 | 109,590,000 | 140,536,000 | 30,851,000 | 29,202,000 | 116,431,000 | 35,062,000 | 44,253,000 | 35,946,000 | 29,127,000 | 5,214,000 |
misc current assets | 92,296,000 | 88,510,000 | 107,286,000 | 106,599,000 | 43,247,000 | 64,107,000 | 132,591,000 | 148,984,000 | 63,336,000 | 116,093,000 | 123,478,000 | 76,485,000 | 61,049,000 | 62,972,000 | |
total current assets | 221,319,000 | 216,920,000 | 220,627,000 | 247,587,000 | 271,031,000 | 249,218,000 | 299,758,000 | 254,382,000 | 225,498,000 | 225,518,000 | 276,105,000 | 252,311,000 | 758,680,000 | 671,126,000 | 506,397,000 |
total assets | 1,402,846,000 | 1,408,488,000 | 1,416,279,000 | 1,403,950,000 | 1,440,410,000 | 1,433,105,000 | 1,469,575,000 | 1,454,076,000 | 1,433,539,000 | 1,453,884,000 | 1,442,061,000 | 1,409,828,000 | 1,238,234,000 | 880,725,000 | 506,397,000 |
Bank overdraft | |||||||||||||||
Bank loan | 15,113,000 | 9,840,000 | 7,722,000 | 7,843,000 | 6,400,000 | 2,928,000 | 15,224,000 | 17,909,000 | 5,786,000 | 10,728,000 | 10,708,000 | 9,317,000 | 1,788,000 | ||
Trade Creditors | 9,934,000 | 9,464,000 | 8,639,000 | 776,000 | 15,700,000 | 8,473,000 | 8,156,000 | 5,267,000 | 4,525,000 | 1,312,000 | 72,564,000 | 2,936,000 | 4,714,000 | 1,920,000 | |
Group/Directors Accounts | 32,127,000 | 29,547,000 | 26,901,000 | 23,074,000 | 25,672,000 | 22,849,000 | 38,400,000 | 28,848,000 | 26,444,000 | 39,286,000 | 25,368,000 | 31,006,000 | 30,386,000 | 34,096,000 | 28,135,000 |
other short term finances | 26,585,000 | 25,453,000 | 18,434,000 | 18,943,000 | 11,822,000 | 5,189,000 | |||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 23,601,000 | 23,845,000 | 20,379,000 | 46,197,000 | 56,982,000 | 46,757,000 | 44,782,000 | 33,815,000 | 22,819,000 | 32,126,000 | 22,562,000 | 54,928,000 | 17,680,000 | 21,075,000 | 7,118,000 |
total current liabilities | 107,360,000 | 98,149,000 | 82,075,000 | 96,833,000 | 116,576,000 | 86,196,000 | 106,562,000 | 85,839,000 | 59,574,000 | 83,452,000 | 131,202,000 | 98,187,000 | 54,568,000 | 57,091,000 | 35,253,000 |
loans | 1,269,515,000 | 1,315,918,000 | 1,355,368,000 | 1,385,306,000 | 1,422,840,000 | 1,451,814,000 | 1,220,976,000 | 1,235,502,000 | 1,257,745,000 | 1,256,874,000 | 1,261,085,000 | 1,271,750,000 | 1,165,787,000 | 819,143,000 | 469,674,000 |
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | 196,816,000 | 207,082,000 | 219,000,000 | 123,327,000 | 110,352,000 | 137,883,000 | 317,627,000 | 369,730,000 | 333,802,000 | 335,854,000 | |||||
provisions | |||||||||||||||
total long term liabilities | 1,466,331,000 | 1,523,000,000 | 1,574,368,000 | 1,508,633,000 | 1,533,192,000 | 1,589,697,000 | 1,538,603,000 | 1,605,232,000 | 1,591,547,000 | 1,592,728,000 | 1,261,085,000 | 1,271,750,000 | 1,165,787,000 | 819,143,000 | 469,674,000 |
total liabilities | 1,573,691,000 | 1,621,149,000 | 1,656,443,000 | 1,605,466,000 | 1,649,768,000 | 1,675,893,000 | 1,645,165,000 | 1,691,071,000 | 1,651,121,000 | 1,676,180,000 | 1,392,287,000 | 1,369,937,000 | 1,220,355,000 | 876,234,000 | 504,927,000 |
net assets | -170,845,000 | -212,661,000 | -240,164,000 | -201,516,000 | -209,358,000 | -242,788,000 | -175,590,000 | -236,995,000 | -217,582,000 | -222,296,000 | 49,774,000 | 39,891,000 | 17,879,000 | 4,491,000 | 1,470,000 |
total shareholders funds | -170,845,000 | -212,661,000 | -240,164,000 | -201,516,000 | -209,358,000 | -242,788,000 | -175,590,000 | -236,995,000 | -217,582,000 | -222,296,000 | 49,774,000 | 39,891,000 | 17,879,000 | 4,491,000 | 1,470,000 |
Mar 2024 | 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 | 50,916,000 | 44,804,000 | 32,956,000 | 24,331,000 | 15,900,000 | 14,926,000 | 7,184,000 | 6,270,000 | 7,185,000 | 6,089,000 | 7,313,000 | 5,760,000 | 5,418,000 | 1,886,000 | 1,789,000 |
Depreciation | |||||||||||||||
Amortisation | |||||||||||||||
Tax | -16,005,000 | -10,374,000 | -4,605,000 | -6,075,000 | -4,667,000 | 6,246,000 | -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 |
Stock | -624,989,000 | 76,366,000 | 134,366,000 | 414,257,000 | |||||||||||
Debtors | 5,817,000 | 12,518,000 | -22,184,000 | 4,759,000 | -17,508,000 | -48,050,000 | -25,702,000 | 35,281,000 | -18,764,000 | -16,789,000 | 48,809,000 | 741,283,000 | 258,888,000 | 217,972,000 | 23,954,000 |
Creditors | 470,000 | 825,000 | 7,863,000 | -14,924,000 | 7,227,000 | 317,000 | 2,889,000 | 742,000 | 3,213,000 | -71,252,000 | 69,628,000 | -1,778,000 | 2,794,000 | 1,920,000 | |
Accruals and Deferred Income | -244,000 | 3,466,000 | -25,818,000 | -10,785,000 | 10,225,000 | 1,975,000 | 10,967,000 | 10,996,000 | -9,307,000 | 9,564,000 | -32,366,000 | 37,248,000 | -3,395,000 | 13,957,000 | 7,118,000 |
Deferred Taxes & Provisions | |||||||||||||||
Cash flow from operations | 29,320,000 | 26,203,000 | 32,580,000 | -12,212,000 | 46,193,000 | 71,514,000 | 42,526,000 | -22,154,000 | 14,617,000 | -43,597,000 | -10,648,000 | -82,015,000 | -335,157,000 | -335,746,000 | -429,881,000 |
Investing Activities | |||||||||||||||
capital expenditure | 68,484,000 | 16,393,000 | |||||||||||||
Change in Investments | -7,206,000 | -7,716,000 | 37,827,000 | -1,725,000 | -2,567,000 | 63,672,000 | |||||||||
cash flow from investments | 7,206,000 | 7,716,000 | -37,827,000 | 1,725,000 | 2,567,000 | -63,672,000 | 68,484,000 | 16,393,000 | |||||||
Financing Activities | |||||||||||||||
Bank loans | 5,273,000 | 2,118,000 | -121,000 | 1,443,000 | 3,472,000 | -12,296,000 | -2,685,000 | 12,123,000 | -4,942,000 | 20,000 | 1,391,000 | 7,529,000 | 1,788,000 | ||
Group/Directors Accounts | 2,580,000 | 2,646,000 | 3,827,000 | -2,598,000 | 2,823,000 | -15,551,000 | 9,552,000 | 2,404,000 | -12,842,000 | 13,918,000 | -5,638,000 | 620,000 | -3,710,000 | 5,961,000 | 28,135,000 |
Other Short Term Loans | 1,132,000 | 7,019,000 | -509,000 | 7,121,000 | 6,633,000 | 5,189,000 | |||||||||
Long term loans | -46,403,000 | -39,450,000 | -29,938,000 | -37,534,000 | -28,974,000 | 230,838,000 | -14,526,000 | -22,243,000 | 871,000 | -4,211,000 | -10,665,000 | 105,963,000 | 346,644,000 | 349,469,000 | 469,674,000 |
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | -10,266,000 | -11,918,000 | 95,673,000 | 12,975,000 | -27,531,000 | -179,744,000 | -52,103,000 | 35,928,000 | -2,052,000 | 335,854,000 | |||||
share issue | |||||||||||||||
interest | 13,100,000 | 10,516,000 | 8,917,000 | 7,640,000 | 14,149,000 | -53,103,000 | 15,604,000 | 17,268,000 | 18,921,000 | 16,320,000 | 21,934,000 | 23,203,000 | 12,690,000 | 2,306,000 | 281,000 |
cash flow from financing | -11,242,000 | -4,209,000 | 38,526,000 | -2,073,000 | 13,590,000 | -22,649,000 | -1,325,000 | 12,903,000 | -5,077,000 | 93,743,000 | -4,566,000 | 137,315,000 | 357,412,000 | 357,736,000 | 498,067,000 |
cash and cash equivalents | |||||||||||||||
cash | -8,039,000 | 6,183,000 | -4,001,000 | -102,846,000 | 27,094,000 | -30,946,000 | 109,685,000 | 1,649,000 | -87,229,000 | 81,369,000 | -9,191,000 | 8,307,000 | 6,819,000 | 23,913,000 | 5,214,000 |
overdraft | |||||||||||||||
change in cash | -8,039,000 | 6,183,000 | -4,001,000 | -102,846,000 | 27,094,000 | -30,946,000 | 109,685,000 | 1,649,000 | -87,229,000 | 81,369,000 | -9,191,000 | 8,307,000 | 6,819,000 | 23,913,000 | 5,214,000 |
connect plus (m25) holdings limited Credit Report and Business Information
Connect Plus (m25) Holdings Limited Competitor Analysis

Perform a competitor analysis for connect plus (m25) holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in EN6 area or any other competitors across 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 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).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Alastair Campbell | 55 years | May 2009 | - | Director | |
Mr Brian Walker | 69 years | Mar 2010 | - | Director | |
Mrs Jane Guyett | England | 65 years | Sep 2014 | - | Director |
Mr Philip Bentley | United Kingdom | 52 years | Apr 2018 | - | Director |
Ms Sofia Athanassiou | United Kingdom | 48 years | Sep 2018 | - | Director |
Mr Philip Skerman | United Kingdom | 37 years | Feb 2019 | - | Director |
Mr John Gordon | United Kingdom | 62 years | Feb 2019 | - | Director |
Mr Steven Preece | United Kingdom | 65 years | Sep 2021 | - | Director |
Mr Steven Preece | United Kingdom | 65 years | Sep 2021 | - | Director |
Mr Brian Love | Scotland | 45 years | Dec 2021 | - | Director |
P&L
March 2024turnover
261.9m
+19%
operating profit
50.9m
+14%
gross margin
28%
-3.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-170.8m
-0.2%
total assets
1.4b
0%
cash
28m
-0.22%
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
17
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
KPMG LLP
address
connect plus house, st albans road, south mimms, hertfordshire, EN6 3NP
Bank
-
Legal Advisor
-
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.
connect plus (m25) holdings 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 (m25) holdings limited Companies House Filings - See Documents
date | description | view/download |
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