the skills connection uk ltd

5

the skills connection uk ltd Company Information

Share THE SKILLS CONNECTION UK LTD
Live 
EstablishedMicroDeclining

Company Number

06933323

Registered Address

maybank house 14 pretoria road, high wycombe, buckinghamshire, HP13 6QW

Industry

Computer consultancy activities

 

Telephone

01494464397

Next Accounts Due

March 2025

Group Structure

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Directors

Simon Levin15 Years

Carol Levin15 Years

Shareholders

simon david levin 83%

carol lynn levin 10%

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the skills connection uk ltd Estimated Valuation

£230.7k

Pomanda estimates the enterprise value of THE SKILLS CONNECTION UK LTD at £230.7k based on a Turnover of £321.6k and 0.72x industry multiple (adjusted for size and gross margin).

the skills connection uk ltd Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of THE SKILLS CONNECTION UK LTD at £1.1m based on an EBITDA of £214k and a 5.18x industry multiple (adjusted for size and gross margin).

the skills connection uk ltd Estimated Valuation

£3.3m

Pomanda estimates the enterprise value of THE SKILLS CONNECTION UK LTD at £3.3m based on Net Assets of £1.5m and 2.22x industry multiple (adjusted for liquidity).

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The Skills Connection Uk Ltd Overview

The Skills Connection Uk Ltd is a live company located in buckinghamshire, HP13 6QW with a Companies House number of 06933323. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in June 2009, it's largest shareholder is simon david levin with a 83% stake. The Skills Connection Uk Ltd is a established, micro sized company, Pomanda has estimated its turnover at £321.6k with declining growth in recent years.

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The Skills Connection Uk Ltd Health Check

Pomanda's financial health check has awarded The Skills Connection Uk Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £321.6k, make it smaller than the average company (£917.5k)

£321.6k - The Skills Connection Uk Ltd

£917.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -48%, show it is growing at a slower rate (5.4%)

-48% - The Skills Connection Uk Ltd

5.4% - Industry AVG

production

Production

with a gross margin of 48.8%, this company has a comparable cost of product (48.8%)

48.8% - The Skills Connection Uk Ltd

48.8% - Industry AVG

profitability

Profitability

an operating margin of 66.5% make it more profitable than the average company (7.5%)

66.5% - The Skills Connection Uk Ltd

7.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (9)

2 - The Skills Connection Uk Ltd

9 - Industry AVG

paystructure

Pay Structure

on an average salary of £54.2k, the company has an equivalent pay structure (£54.2k)

£54.2k - The Skills Connection Uk Ltd

£54.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £160.8k, this is more efficient (£124k)

£160.8k - The Skills Connection Uk Ltd

£124k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 74 days, this is near the average (66 days)

74 days - The Skills Connection Uk Ltd

66 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - The Skills Connection Uk Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - The Skills Connection Uk Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 101 weeks, this is more cash available to meet short term requirements (18 weeks)

101 weeks - The Skills Connection Uk Ltd

18 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 14.7%, this is a lower level of debt than the average (57.1%)

14.7% - The Skills Connection Uk Ltd

57.1% - Industry AVG

THE SKILLS CONNECTION UK LTD financials

EXPORTms excel logo

The Skills Connection Uk Ltd's latest turnover from June 2023 is estimated at £321.6 thousand and the company has net assets of £1.5 million. According to their latest financial statements, The Skills Connection Uk Ltd has 2 employees and maintains cash reserves of £486.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover321,6452,358,2323,128,7012,293,2871,905,238256,873294,8950366,94947,251139,68424,29637,06310,489
Other Income Or Grants00000000000000
Cost Of Sales164,7761,240,6091,621,1201,089,928879,683113,313119,5540145,80418,03848,9188,63514,4953,805
Gross Profit156,8691,117,6231,507,5811,203,3591,025,555143,561175,3400221,14629,21290,76615,66122,5686,684
Admin Expenses-57,132493,5171,275,3791,000,501702,342256,959-184,034205,91122,768-12,43255,48324,031-53,15376
Operating Profit214,001624,106232,202202,858323,213-113,398359,374-205,911198,37841,64435,283-8,37075,7216,608
Interest Payable00000000000000
Interest Receivable12,1540001,2441,8416019951,02941239145929541
Pre-Tax Profit226,155638,963232,202202,858324,457-111,557359,975-204,916199,40642,05635,674-7,91176,0166,649
Tax-56,539-133,437-44,118-38,543-61,6470-68,3950-39,881-8,832-8,2050-19,764-1,862
Profit After Tax169,616505,526188,084164,315262,810-111,557291,580-204,916159,52533,22427,469-7,91156,2524,787
Dividends Paid00000000000000
Retained Profit169,616505,526188,084164,315262,810-111,557291,580-204,916159,52533,22427,469-7,91156,2524,787
Employee Costs108,45443,56093,85488,641103,322107,579104,2180173,38857,355109,04954,87553,70150,529
Number Of Employees221222220312111
EBITDA*214,001624,106232,202202,858323,213-113,398359,374-205,911198,37842,42035,825-7,82876,2637,042

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets0000000002681086511,1931,735
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets0000000002681086511,1931,735
Stock & work in progress00000000000000
Trade Debtors66,0201,553,8351,083,170800,745651,66517,85142,076003,39902489276
Group Debtors00000000000000
Misc Debtors000000011,486000000
Cash486,1550000331,640404,61476,352321,50589,97974,63781,902101,81716,301
misc current assets1,209,212000058,83156,87355,11251,44050,00050,000000
total current assets1,761,3871,553,8351,083,170800,745651,665408,322503,563142,950372,945143,378124,63782,150101,90916,377
total assets1,761,3871,553,8351,083,170800,745651,665408,322503,563142,950372,945143,646124,74582,801103,10218,112
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 0121,40052,59473,42786,117159,859143,543099,58929,82544,14829,67342,06313,325
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities249,74800000074,510000000
total current liabilities249,748121,40052,59473,42786,117159,859143,54374,51099,58929,82544,14829,67342,06313,325
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income0129,211158,30447,40347,877000000000
other liabilities00000000000000
provisions9,4659,4658,6104,3376,408000000000
total long term liabilities9,465138,676166,91451,74054,285000000000
total liabilities259,213260,076219,508125,167140,402159,859143,54374,51099,58929,82544,14829,67342,06313,325
net assets1,502,1741,293,759863,662675,578511,263248,463360,02068,440273,356113,82180,59753,12861,0394,787
total shareholders funds1,502,1741,293,759863,662675,578511,263248,463360,02068,440273,356113,82180,59753,12861,0394,787
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit214,001624,106232,202202,858323,213-113,398359,374-205,911198,37841,64435,283-8,37075,7216,608
Depreciation000000000776542542542434
Amortisation00000000000000
Tax-56,539-133,437-44,118-38,543-61,6470-68,3950-39,881-8,832-8,2050-19,764-1,862
Stock00000000000000
Debtors-1,487,815470,665282,425149,080633,814-24,22530,59011,486-3,3993,399-2481561676
Creditors-121,40068,806-20,833-12,690-73,74216,316143,543-99,58969,764-14,32314,475-12,39028,73813,325
Accruals and Deferred Income120,537-29,093110,901-47447,8770-74,51074,510000000
Deferred Taxes & Provisions08554,273-2,0716,408000000000
Cash flow from operations1,644,41460,57200-391,705-72,857329,422-242,476231,66015,86642,343-20,37485,22118,429
Investing Activities
capital expenditure00000000268-936100-2,169
Change in Investments00000000000000
cash flow from investments00000000268-936100-2,169
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue38,799-75,42900-100001000000
interest12,1540001,2441,8416019951,02941239145929541
cash flow from financing50,953-75,429001,2341,8416019951,03941239145929541
cash and cash equivalents
cash486,155000-331,640-72,974328,262-245,153231,52615,342-7,265-19,91585,51616,301
overdraft00000000000000
change in cash486,155000-331,640-72,974328,262-245,153231,52615,342-7,265-19,91585,51616,301

the skills connection uk ltd 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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The Skills Connection Uk Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for the skills connection uk ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in HP13 area or any other competitors across 12 key performance metrics.

the skills connection uk ltd Ownership

THE SKILLS CONNECTION UK LTD group structure

The Skills Connection Uk Ltd has no subsidiary companies.

Ultimate parent company

THE SKILLS CONNECTION UK LTD

06933323

THE SKILLS CONNECTION UK LTD Shareholders

simon david levin 83%
carol lynn levin 10%
simon levin & carol lynn levin 5%
esther levin 1%
hannah levin 1%

the skills connection uk ltd directors

The Skills Connection Uk Ltd currently has 2 directors. The longest serving directors include Mr Simon Levin (Jun 2009) and Mrs Carol Levin (Jun 2009).

officercountryagestartendrole
Mr Simon LevinUnited Kingdom61 years Jun 2009- Director
Mrs Carol LevinUnited Kingdom61 years Jun 2009- Director

P&L

June 2023

turnover

321.6k

-86%

operating profit

214k

0%

gross margin

48.8%

+2.91%

turnover

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

Balance Sheet

June 2023

net assets

1.5m

+0.16%

total assets

1.8m

+0.13%

cash

486.2k

0%

net assets

Total assets minus all liabilities

the skills connection uk ltd company details

company number

06933323

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

incorporation date

June 2009

age

15

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

June 2023

previous names

N/A

accountant

-

auditor

-

address

maybank house 14 pretoria road, high wycombe, buckinghamshire, HP13 6QW

Bank

HSBC BANK PLC

Legal Advisor

-

the skills connection uk ltd 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 the skills connection uk ltd.

charges

the skills connection uk ltd Companies House Filings - See Documents

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