connect plus (m25) holdings limited

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connect plus (m25) holdings limited Company Information

Share CONNECT PLUS (M25) HOLDINGS LIMITED

Company Number

06684025

Shareholders

bbde orbital holdings llp

edge orbital holdings limited

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Group Structure

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Industry

Activities of construction holding companies

 

Registered Address

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

connect plus (m25) holdings limited Estimated Valuation

£726.9m

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

£614m

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

£0

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

Health Check Image
Health Rating3.5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

4 Weak

size

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

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

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

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

Employees

with 767 employees, this is above the industry average (80)

767 - Connect Plus (m25) Holdings Limited

80 - 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 £341.5k, this is equally as efficient (£341.5k)

£341.5k - Connect Plus (m25) Holdings Limited

£341.5k - Industry AVG

debtordays

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

creditordays

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

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 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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover261,916,000219,740,000204,111,000167,529,000163,202,000171,210,000127,409,000129,074,000119,018,000172,316,000367,684,000869,964,000396,808,000338,425,00039,419,000
Other Income Or Grants
Cost Of Sales188,636,000156,096,000153,713,000128,447,000131,941,000142,222,000105,558,000108,290,00097,940,000151,829,000346,600,000848,482,000380,857,000326,610,00031,468,000
Gross Profit73,280,00063,644,00050,398,00039,082,00031,261,00028,988,00021,851,00020,784,00021,078,00020,487,00021,084,00021,482,00015,951,00011,815,0007,951,000
Admin Expenses22,364,00018,840,00017,442,00014,751,00015,361,00014,062,00014,667,00014,514,00013,893,00014,398,00013,771,00015,722,00010,533,0009,929,0006,162,000
Operating Profit50,916,00044,804,00032,956,00024,331,00015,900,00014,926,0007,184,0006,270,0007,185,0006,089,0007,313,0005,760,0005,418,0001,886,0001,789,000
Interest Payable100,645,000101,501,000103,807,000107,147,000103,641,000172,402,000104,618,000104,359,000104,278,000107,667,000103,051,00083,408,00024,089,0003,157,000
Interest Receivable113,745,000112,017,000112,724,000114,787,000117,790,000119,299,000120,222,000121,627,000123,199,000123,987,000124,985,000106,611,00036,779,0005,463,000281,000
Pre-Tax Profit64,016,00055,320,00041,873,00031,971,00030,049,000-38,177,00022,788,00023,538,00026,106,00022,409,00027,885,00028,963,00018,108,0004,192,0002,070,000
Tax-16,005,000-10,374,000-4,605,000-6,075,000-4,667,0006,246,000-4,216,000-4,881,000-5,238,000-4,787,000-6,414,000-6,951,000-4,720,000-1,171,000-577,000
Profit After Tax48,011,00044,946,00037,268,00025,896,00025,382,000-31,931,00018,572,00018,657,00020,868,00017,622,00021,471,00022,012,00013,388,0003,021,0001,493,000
Dividends Paid29,537,00042,303,00036,593,00026,934,00034,970,00037,285,0005,493,00011,121,00021,534,000
Retained Profit18,474,0002,643,000675,000-1,038,000-9,588,000-69,216,00018,572,00013,164,0009,747,000-3,912,00021,471,00022,012,00013,388,0003,021,0001,493,000
Employee Costs
Number Of Employees7676656806615756354795094968001,7464,5362,1932,042237
EBITDA*50,916,00044,804,00032,956,00024,331,00015,900,00014,926,0007,184,0006,270,0007,185,0006,089,0007,313,0005,760,0005,418,0001,886,0001,789,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets
Intangible Assets
Investments & Other82,285,00089,491,00097,207,00059,380,00061,105,00063,672,000
Debtors (Due After 1 year)1,099,242,0001,102,077,0001,098,445,0001,096,983,0001,108,274,0001,120,215,0001,169,817,0001,199,694,0001,208,041,0001,228,366,0001,165,956,0001,157,517,000479,554,000209,599,000
Total Fixed Assets1,181,527,0001,191,568,0001,195,652,0001,156,363,0001,169,379,0001,183,887,0001,169,817,0001,199,694,0001,208,041,0001,228,366,0001,165,956,0001,157,517,000479,554,000209,599,000
Stock & work in progress624,989,000548,623,000414,257,000
Trade Debtors64,935,00054,554,00051,255,00046,415,00019,750,00041,521,00043,730,00044,280,00013,196,00020,068,00097,436,00049,752,00014,078,0009,715,000
Group Debtors77,00013,00035,00015,00016,00013,00040,00063,000123,000852,0001,037,0001,244,000159,00022,000
Misc Debtors36,030,00037,823,00032,214,00060,720,00071,334,00055,133,00051,345,00046,597,00033,993,00024,831,00026,477,00033,584,00021,101,00018,227,00014,239,000
Cash27,981,00036,020,00029,837,00033,838,000136,684,000109,590,000140,536,00030,851,00029,202,000116,431,00035,062,00044,253,00035,946,00029,127,0005,214,000
misc current assets92,296,00088,510,000107,286,000106,599,00043,247,00064,107,000132,591,000148,984,00063,336,000116,093,000123,478,00076,485,00061,049,00062,972,000
total current assets221,319,000216,920,000220,627,000247,587,000271,031,000249,218,000299,758,000254,382,000225,498,000225,518,000276,105,000252,311,000758,680,000671,126,000506,397,000
total assets1,402,846,0001,408,488,0001,416,279,0001,403,950,0001,440,410,0001,433,105,0001,469,575,0001,454,076,0001,433,539,0001,453,884,0001,442,061,0001,409,828,0001,238,234,000880,725,000506,397,000
Bank overdraft
Bank loan15,113,0009,840,0007,722,0007,843,0006,400,0002,928,00015,224,00017,909,0005,786,00010,728,00010,708,0009,317,0001,788,000
Trade Creditors 9,934,0009,464,0008,639,000776,00015,700,0008,473,0008,156,0005,267,0004,525,0001,312,00072,564,0002,936,0004,714,0001,920,000
Group/Directors Accounts32,127,00029,547,00026,901,00023,074,00025,672,00022,849,00038,400,00028,848,00026,444,00039,286,00025,368,00031,006,00030,386,00034,096,00028,135,000
other short term finances26,585,00025,453,00018,434,00018,943,00011,822,0005,189,000
hp & lease commitments
other current liabilities23,601,00023,845,00020,379,00046,197,00056,982,00046,757,00044,782,00033,815,00022,819,00032,126,00022,562,00054,928,00017,680,00021,075,0007,118,000
total current liabilities107,360,00098,149,00082,075,00096,833,000116,576,00086,196,000106,562,00085,839,00059,574,00083,452,000131,202,00098,187,00054,568,00057,091,00035,253,000
loans1,269,515,0001,315,918,0001,355,368,0001,385,306,0001,422,840,0001,451,814,0001,220,976,0001,235,502,0001,257,745,0001,256,874,0001,261,085,0001,271,750,0001,165,787,000819,143,000469,674,000
hp & lease commitments
Accruals and Deferred Income
other liabilities196,816,000207,082,000219,000,000123,327,000110,352,000137,883,000317,627,000369,730,000333,802,000335,854,000
provisions
total long term liabilities1,466,331,0001,523,000,0001,574,368,0001,508,633,0001,533,192,0001,589,697,0001,538,603,0001,605,232,0001,591,547,0001,592,728,0001,261,085,0001,271,750,0001,165,787,000819,143,000469,674,000
total liabilities1,573,691,0001,621,149,0001,656,443,0001,605,466,0001,649,768,0001,675,893,0001,645,165,0001,691,071,0001,651,121,0001,676,180,0001,392,287,0001,369,937,0001,220,355,000876,234,000504,927,000
net assets-170,845,000-212,661,000-240,164,000-201,516,000-209,358,000-242,788,000-175,590,000-236,995,000-217,582,000-222,296,00049,774,00039,891,00017,879,0004,491,0001,470,000
total shareholders funds-170,845,000-212,661,000-240,164,000-201,516,000-209,358,000-242,788,000-175,590,000-236,995,000-217,582,000-222,296,00049,774,00039,891,00017,879,0004,491,0001,470,000
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit50,916,00044,804,00032,956,00024,331,00015,900,00014,926,0007,184,0006,270,0007,185,0006,089,0007,313,0005,760,0005,418,0001,886,0001,789,000
Depreciation
Amortisation
Tax-16,005,000-10,374,000-4,605,000-6,075,000-4,667,0006,246,000-4,216,000-4,881,000-5,238,000-4,787,000-6,414,000-6,951,000-4,720,000-1,171,000-577,000
Stock-624,989,00076,366,000134,366,000414,257,000
Debtors5,817,00012,518,000-22,184,0004,759,000-17,508,000-48,050,000-25,702,00035,281,000-18,764,000-16,789,00048,809,000741,283,000258,888,000217,972,00023,954,000
Creditors470,000825,0007,863,000-14,924,0007,227,000317,0002,889,000742,0003,213,000-71,252,00069,628,000-1,778,0002,794,0001,920,000
Accruals and Deferred Income-244,0003,466,000-25,818,000-10,785,00010,225,0001,975,00010,967,00010,996,000-9,307,0009,564,000-32,366,00037,248,000-3,395,00013,957,0007,118,000
Deferred Taxes & Provisions
Cash flow from operations29,320,00026,203,00032,580,000-12,212,00046,193,00071,514,00042,526,000-22,154,00014,617,000-43,597,000-10,648,000-82,015,000-335,157,000-335,746,000-429,881,000
Investing Activities
capital expenditure68,484,00016,393,000
Change in Investments-7,206,000-7,716,00037,827,000-1,725,000-2,567,00063,672,000
cash flow from investments7,206,0007,716,000-37,827,0001,725,0002,567,000-63,672,00068,484,00016,393,000
Financing Activities
Bank loans5,273,0002,118,000-121,0001,443,0003,472,000-12,296,000-2,685,00012,123,000-4,942,00020,0001,391,0007,529,0001,788,000
Group/Directors Accounts2,580,0002,646,0003,827,000-2,598,0002,823,000-15,551,0009,552,0002,404,000-12,842,00013,918,000-5,638,000620,000-3,710,0005,961,00028,135,000
Other Short Term Loans 1,132,0007,019,000-509,0007,121,0006,633,0005,189,000
Long term loans-46,403,000-39,450,000-29,938,000-37,534,000-28,974,000230,838,000-14,526,000-22,243,000871,000-4,211,000-10,665,000105,963,000346,644,000349,469,000469,674,000
Hire Purchase and Lease Commitments
other long term liabilities-10,266,000-11,918,00095,673,00012,975,000-27,531,000-179,744,000-52,103,00035,928,000-2,052,000335,854,000
share issue23,342,00024,860,000-39,323,0008,880,00043,018,0002,018,00042,833,000-32,577,000-5,033,000-268,158,000-11,588,000-23,000
interest13,100,00010,516,0008,917,0007,640,00014,149,000-53,103,00015,604,00017,268,00018,921,00016,320,00021,934,00023,203,00012,690,0002,306,000281,000
cash flow from financing-11,242,000-4,209,00038,526,000-2,073,00013,590,000-22,649,000-1,325,00012,903,000-5,077,00093,743,000-4,566,000137,315,000357,412,000357,736,000498,067,000
cash and cash equivalents
cash-8,039,0006,183,000-4,001,000-102,846,00027,094,000-30,946,000109,685,0001,649,000-87,229,00081,369,000-9,191,0008,307,0006,819,00023,913,0005,214,000
overdraft
change in cash-8,039,0006,183,000-4,001,000-102,846,00027,094,000-30,946,000109,685,0001,649,000-87,229,00081,369,000-9,191,0008,307,0006,819,00023,913,0005,214,000

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, 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 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 Campbell55 years May 2009- Director
Mr Brian Walker69 years Mar 2010- Director
Mrs Jane GuyettEngland65 years Sep 2014- Director
Mr Philip BentleyUnited Kingdom52 years Apr 2018- Director
Ms Sofia AthanassiouUnited Kingdom48 years Sep 2018- Director
Mr Philip SkermanUnited Kingdom37 years Feb 2019- Director
Mr John GordonUnited Kingdom62 years Feb 2019- Director
Mr Steven PreeceUnited Kingdom65 years Sep 2021- Director
Mr Steven PreeceUnited Kingdom65 years Sep 2021- Director
Mr Brian LoveScotland45 years Dec 2021- Director

P&L

March 2024

turnover

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 2024

net 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

None

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

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