the skills connection uk ltd
the skills connection uk ltd Company Information
Company Number
06933323
Next Accounts
Mar 2025
Shareholders
simon david levin
carol lynn levin
View AllGroup Structure
View All
Industry
Computer consultancy activities
Registered Address
maybank house 14 pretoria road, high wycombe, buckinghamshire, HP13 6QW
Website
www.theskillsconnection.comthe skills connection uk ltd Estimated Valuation
Pomanda estimates the enterprise value of THE SKILLS CONNECTION UK LTD at £218.7k based on a Turnover of £326.4k and 0.67x industry multiple (adjusted for size and gross margin).
the skills connection uk ltd Estimated Valuation
Pomanda estimates the enterprise value of THE SKILLS CONNECTION UK LTD at £1m based on an EBITDA of £214k and a 4.81x industry multiple (adjusted for size and gross margin).
the skills connection uk ltd Estimated Valuation
Pomanda estimates the enterprise value of THE SKILLS CONNECTION UK LTD at £3.5m based on Net Assets of £1.5m and 2.33x 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 £326.4k 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
4 Strong
3 Regular
3 Weak
Size
annual sales of £326.4k, make it smaller than the average company (£1.3m)
- The Skills Connection Uk Ltd
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -48%, show it is growing at a slower rate (5.9%)
- The Skills Connection Uk Ltd
5.9% - Industry AVG
Production
with a gross margin of 48.7%, this company has a comparable cost of product (48.7%)
- The Skills Connection Uk Ltd
48.7% - Industry AVG
Profitability
an operating margin of 65.6% make it more profitable than the average company (6.7%)
- The Skills Connection Uk Ltd
6.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (13)
2 - The Skills Connection Uk Ltd
13 - Industry AVG
Pay Structure
on an average salary of £56.9k, the company has an equivalent pay structure (£56.9k)
- The Skills Connection Uk Ltd
£56.9k - Industry AVG
Efficiency
resulting in sales per employee of £163.2k, this is more efficient (£125.6k)
- The Skills Connection Uk Ltd
£125.6k - Industry AVG
Debtor Days
it gets paid by customers after 73 days, this is near the average (65 days)
- The Skills Connection Uk Ltd
65 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- The Skills Connection Uk Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Skills Connection Uk Ltd
- - Industry AVG
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
Debt Level
it has a ratio of liabilities to total assets of 14.7%, this is a lower level of debt than the average (58%)
14.7% - The Skills Connection Uk Ltd
58% - Industry AVG
THE SKILLS CONNECTION UK LTD financials
The Skills Connection Uk Ltd's latest turnover from June 2023 is estimated at £326.4 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 House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,358,232 | |||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | 638,963 | |||||||||||||
| Tax | -133,437 | |||||||||||||
| Profit After Tax | 505,526 | |||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | 505,526 | |||||||||||||
| Employee Costs | 43,560 | |||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 268 | 108 | 651 | 1,193 | 1,735 | |||||||||
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 268 | 108 | 651 | 1,193 | 1,735 | |||||||||
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 66,020 | 1,553,835 | 1,083,170 | 800,745 | 651,665 | 17,851 | 42,076 | 3,399 | 248 | 92 | 76 | |||
| Group Debtors | ||||||||||||||
| Misc Debtors | 11,486 | |||||||||||||
| Cash | 486,155 | 331,640 | 404,614 | 76,352 | 321,505 | 89,979 | 74,637 | 81,902 | 101,817 | 16,301 | ||||
| misc current assets | 1,209,212 | 58,831 | 56,873 | 55,112 | 51,440 | 50,000 | 50,000 | |||||||
| total current assets | 1,761,387 | 1,553,835 | 1,083,170 | 800,745 | 651,665 | 408,322 | 503,563 | 142,950 | 372,945 | 143,378 | 124,637 | 82,150 | 101,909 | 16,377 |
| total assets | 1,761,387 | 1,553,835 | 1,083,170 | 800,745 | 651,665 | 408,322 | 503,563 | 142,950 | 372,945 | 143,646 | 124,745 | 82,801 | 103,102 | 18,112 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 121,400 | 52,594 | 73,427 | 86,117 | 159,859 | 143,543 | 99,589 | 29,825 | 44,148 | 29,673 | 42,063 | 13,325 | ||
| Group/Directors Accounts | ||||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 249,748 | 74,510 | ||||||||||||
| total current liabilities | 249,748 | 121,400 | 52,594 | 73,427 | 86,117 | 159,859 | 143,543 | 74,510 | 99,589 | 29,825 | 44,148 | 29,673 | 42,063 | 13,325 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | 129,211 | 158,304 | 47,403 | 47,877 | ||||||||||
| other liabilities | ||||||||||||||
| provisions | 9,465 | 9,465 | 8,610 | 4,337 | 6,408 | |||||||||
| total long term liabilities | 9,465 | 138,676 | 166,914 | 51,740 | 54,285 | |||||||||
| total liabilities | 259,213 | 260,076 | 219,508 | 125,167 | 140,402 | 159,859 | 143,543 | 74,510 | 99,589 | 29,825 | 44,148 | 29,673 | 42,063 | 13,325 |
| net assets | 1,502,174 | 1,293,759 | 863,662 | 675,578 | 511,263 | 248,463 | 360,020 | 68,440 | 273,356 | 113,821 | 80,597 | 53,128 | 61,039 | 4,787 |
| total shareholders funds | 1,502,174 | 1,293,759 | 863,662 | 675,578 | 511,263 | 248,463 | 360,020 | 68,440 | 273,356 | 113,821 | 80,597 | 53,128 | 61,039 | 4,787 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 776 | 542 | 542 | 542 | 434 | |||||||||
| Amortisation | ||||||||||||||
| Tax | -133,437 | |||||||||||||
| Stock | ||||||||||||||
| Debtors | -1,487,815 | 470,665 | 282,425 | 149,080 | 633,814 | -24,225 | 30,590 | 11,486 | -3,399 | 3,399 | -248 | 156 | 16 | 76 |
| Creditors | -121,400 | 68,806 | -20,833 | -12,690 | -73,742 | 16,316 | 143,543 | -99,589 | 69,764 | -14,323 | 14,475 | -12,390 | 28,738 | 13,325 |
| Accruals and Deferred Income | 120,537 | -29,093 | 110,901 | -474 | 47,877 | -74,510 | 74,510 | |||||||
| Deferred Taxes & Provisions | 855 | 4,273 | -2,071 | 6,408 | ||||||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | -75,429 | |||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 486,155 | -331,640 | -72,974 | 328,262 | -245,153 | 231,526 | 15,342 | -7,265 | -19,915 | 85,516 | 16,301 | |||
| overdraft | ||||||||||||||
| change in cash | 486,155 | -331,640 | -72,974 | 328,262 | -245,153 | 231,526 | 15,342 | -7,265 | -19,915 | 85,516 | 16,301 |
the skills connection uk ltd Credit Report and Business Information
The Skills Connection Uk Ltd Competitor Analysis
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 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).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Levin | United Kingdom | 62 years | Jun 2009 | - | Director |
| Mrs Carol Levin | United Kingdom | 62 years | Jun 2009 | - | Director |
P&L
June 2023turnover
326.4k
-86%
operating profit
214k
0%
gross margin
48.7%
+3.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net 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
16
incorporated
UK
ultimate parent company
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.
the skills connection uk ltd 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.
Click to start generating capital raising & share issue transactions for THE SKILLS CONNECTION UK LTD. This can take several minutes, an email will notify you when this has completed.
the skills connection uk ltd Companies House Filings - See Documents
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