connect church uk
connect church uk Company Information
Company Number
07003576
Next Accounts
51 days late
Shareholders
-
Group Structure
View All
Industry
Activities of religious organisations
Registered Address
trinity birmingham, 150 coventry road, birmingham, B10 0SE
Website
www.connectchurchuk.comconnect church uk Estimated Valuation
Pomanda estimates the enterprise value of CONNECT CHURCH UK at £332.4k based on a Turnover of £510.4k and 0.65x industry multiple (adjusted for size and gross margin).
connect church uk Estimated Valuation
Pomanda estimates the enterprise value of CONNECT CHURCH UK at £1m based on an EBITDA of £325.1k and a 3.22x industry multiple (adjusted for size and gross margin).
connect church uk Estimated Valuation
Pomanda estimates the enterprise value of CONNECT CHURCH UK at £3.5m based on Net Assets of £1.5m and 2.28x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Connect Church Uk Overview
Connect Church Uk is a live company located in birmingham, B10 0SE with a Companies House number of 07003576. It operates in the activities of religious organizations sector, SIC Code 94910. Founded in August 2009, it's largest shareholder is unknown. Connect Church Uk is a established, small sized company, Pomanda has estimated its turnover at £510.4k with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Connect Church Uk Health Check
Pomanda's financial health check has awarded Connect Church Uk a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 1 areas for improvement. Company Health Check FAQs
5 Strong
5 Regular
1 Weak
Size
annual sales of £510.4k, make it larger than the average company (£282.7k)
£510.4k - Connect Church Uk
£282.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (1.3%)
11% - Connect Church Uk
1.3% - Industry AVG
Production
with a gross margin of 89.8%, this company has a comparable cost of product (89.8%)
89.8% - Connect Church Uk
89.8% - Industry AVG
Profitability
an operating margin of 63.4% make it more profitable than the average company (5.9%)
63.4% - Connect Church Uk
5.9% - Industry AVG
Employees
with 5 employees, this is similar to the industry average (6)
5 - Connect Church Uk
6 - Industry AVG
Pay Structure
on an average salary of £25.3k, the company has an equivalent pay structure (£21.8k)
£25.3k - Connect Church Uk
£21.8k - Industry AVG
Efficiency
resulting in sales per employee of £102.1k, this is more efficient (£56.2k)
£102.1k - Connect Church Uk
£56.2k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is near the average (6 days)
5 days - Connect Church Uk
6 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is close to average (22 days)
24 days - Connect Church Uk
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Connect Church Uk
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 557 weeks, this is more cash available to meet short term requirements (399 weeks)
557 weeks - Connect Church Uk
399 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.1%, this is a higher level of debt than the average (5.2%)
46.1% - Connect Church Uk
5.2% - Industry AVG
CONNECT CHURCH UK financials
Connect Church Uk's latest turnover from March 2023 is £510.4 thousand and the company has net assets of £1.5 million. According to their latest financial statements, Connect Church Uk has 5 employees and maintains cash reserves of £119.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 510,350 | 537,982 | 368,580 | 373,801 | 403,258 | 433,747 | 363,843 | 335,018 | 264,059 | 220,091 | 185,042 | 174,016 | 189,652 | |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 42,374 | 19,319 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | 167,483 | 232,210 | 75,129 | 49,227 | 112,640 | 120,531 | 131,119 | 102,245 | 3,343 | 22,617 | 15,495 | 8,374 | 40,291 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Profit After Tax | 167,483 | 232,210 | 75,129 | 49,227 | 112,640 | 120,531 | 131,119 | 102,245 | 3,343 | 22,617 | 15,495 | 8,374 | 40,291 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 167,483 | 232,210 | 75,129 | 49,227 | 112,640 | 120,531 | 131,119 | 102,245 | 3,343 | 22,617 | 15,495 | 8,374 | 40,291 | |
| Employee Costs | 126,590 | 131,428 | 131,252 | 127,771 | 114,917 | 111,567 | 112,118 | 5,348 | 3,821 | |||||
| Number Of Employees | 5 | 5 | 4 | 4 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 2,650,535 | 2,180,957 | 1,837,911 | 1,836,863 | 1,563,410 | 1,279,031 | 530,940 | 526,207 | 463,592 | 506,092 | 516,655 | 513,846 | 485,119 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,650,535 | 2,180,957 | 1,837,911 | 1,836,863 | 1,563,410 | 1,279,031 | 530,940 | 526,207 | 463,592 | 506,092 | 516,655 | 513,846 | 485,119 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 7,363 | 7,049 | 7,361 | 7,278 | 9,499 | 6,952 | 10,517 | 0 | 0 | 3,187 | 2,226 | 2,524 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 20,000 | 2,435 | 4,663 | 2,078 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 119,855 | 295,240 | 433,845 | 360,676 | 358,031 | 312,683 | 235,820 | 111,081 | 258,010 | 36,393 | 18,436 | 23,116 | 58,602 | 0 |
| misc current assets | 31,083 | 30,725 | 0 | 0 | 0 | 0 | 0 | 0 | 1,960 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 178,301 | 335,449 | 445,869 | 370,032 | 367,530 | 319,635 | 246,337 | 111,081 | 259,970 | 39,580 | 20,662 | 25,640 | 58,602 | 0 |
| total assets | 2,828,836 | 2,516,406 | 2,283,780 | 2,206,895 | 1,930,940 | 1,598,666 | 777,277 | 637,288 | 723,562 | 545,672 | 537,317 | 539,486 | 543,721 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,474 | 2,736 | 2,521 | 870 | 7,128 | 58,859 | 7,701 | 0 | 3,840 | 6,236 | 4,860 | 7,373 | 5,794 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 917,056 | 649,211 | 0 | 0 | 0 | 0 | 0 | 233,352 | 247,539 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 7,715 | 2,177 | 1,976 | 742 | 5,303 | 1,782 | 1,294 | 125 | 0 | 497 | 0 | 0 | 0 | 0 |
| total current liabilities | 11,189 | 4,913 | 4,497 | 1,612 | 929,487 | 709,852 | 8,995 | 125 | 3,840 | 6,733 | 4,860 | 240,725 | 253,333 | 0 |
| loans | 1,292,142 | 1,153,471 | 1,153,471 | 1,154,600 | 0 | 0 | 0 | 0 | 184,983 | 202,065 | 218,200 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,292,142 | 1,153,471 | 1,153,471 | 1,154,600 | 0 | 0 | 0 | 0 | 184,983 | 202,065 | 218,200 | 0 | 0 | 0 |
| total liabilities | 1,303,331 | 1,158,384 | 1,157,968 | 1,156,212 | 929,487 | 709,852 | 8,995 | 125 | 188,823 | 208,798 | 223,060 | 240,725 | 253,333 | 0 |
| net assets | 1,525,505 | 1,358,022 | 1,125,812 | 1,050,683 | 1,001,453 | 888,814 | 768,282 | 637,163 | 534,739 | 336,874 | 314,257 | 298,761 | 290,388 | 0 |
| total shareholders funds | 1,525,505 | 1,358,022 | 1,125,812 | 1,050,683 | 1,001,453 | 888,814 | 768,282 | 637,163 | 534,739 | 336,874 | 314,257 | 298,761 | 290,388 | 0 |
| 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 | ||||||||||||||
| Depreciation | 1,835 | 1,825 | 12,219 | 2,849 | 3,233 | 3,707 | 15,330 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 17,879 | -2,540 | 2,668 | -143 | 2,547 | -3,565 | 10,517 | 0 | -3,187 | 961 | -298 | 2,524 | 0 | 0 |
| Creditors | 738 | 215 | 1,651 | -6,258 | -51,731 | 51,158 | 7,701 | -3,840 | -2,396 | 1,376 | -2,513 | 1,579 | 5,794 | 0 |
| Accruals and Deferred Income | 5,538 | 201 | 1,234 | -4,561 | 3,521 | 488 | 1,169 | 125 | -497 | 497 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | ||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | -917,056 | 267,845 | 649,211 | 0 | 0 | 0 | 0 | -233,352 | -14,187 | 247,539 | 0 |
| Long term loans | 138,671 | 0 | -1,129 | 1,154,600 | 0 | 0 | 0 | -184,983 | -17,082 | -16,135 | 218,200 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | -42,374 | -19,319 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| cash flow from financing | 138,671 | 0 | -1,129 | 237,547 | 225,470 | 629,893 | 0 | -184,804 | 177,440 | -16,135 | -15,151 | -14,188 | 497,636 | |
| cash and cash equivalents | ||||||||||||||
| cash | -175,385 | -138,605 | 73,169 | 2,645 | 45,348 | 76,863 | 124,739 | -146,929 | 221,617 | 17,957 | -4,680 | -35,486 | 58,602 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -175,385 | -138,605 | 73,169 | 2,645 | 45,348 | 76,863 | 124,739 | -146,929 | 221,617 | 17,957 | -4,680 | -35,486 | 58,602 | 0 |
connect church uk Credit Report and Business Information
Connect Church Uk Competitor Analysis
Perform a competitor analysis for connect church uk by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in B10 area or any other competitors across 12 key performance metrics.
connect church uk Ownership
CONNECT CHURCH UK group structure
Connect Church Uk has no subsidiary companies.
Ultimate parent company
CONNECT CHURCH UK
07003576
connect church uk directors
Connect Church Uk currently has 9 directors. The longest serving directors include Pastor Kirk McAtear (Sep 2009) and Mrs Tracee McAtear (Sep 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Pastor Kirk McAtear | England | 49 years | Sep 2009 | - | Director |
| Mrs Tracee McAtear | 54 years | Sep 2009 | - | Director | |
| Mr Simon Lakin | England | 48 years | Sep 2009 | - | Director |
| Mr Bradford Ricketts | England | 68 years | Sep 2009 | - | Director |
| Mrs Louison Ricketts | England | 68 years | Apr 2019 | - | Director |
| Mrs Valerie Danelczyk | England | 43 years | Jun 2022 | - | Director |
| Mrs Joycelyn Edwards | England | 62 years | Jun 2022 | - | Director |
| Rev Gerald Tan | England | 51 years | Jun 2023 | - | Director |
| Pastor Allen Loh | England | 59 years | Feb 2024 | - | Director |
P&L
March 2023turnover
510.4k
-5%
operating profit
323.3k
0%
gross margin
89.8%
-2.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.5m
+0.12%
total assets
2.8m
+0.12%
cash
119.9k
-0.59%
net assets
Total assets minus all liabilities
connect church uk company details
company number
07003576
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94910 - Activities of religious organisations
incorporation date
August 2009
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
kcc birmingham (February 2013)
accountant
NIGEL WYATT
auditor
-
address
trinity birmingham, 150 coventry road, birmingham, B10 0SE
Bank
LLOYDS TSB BANK PLC
Legal Advisor
ANTHONY COLLINS
connect church uk 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 connect church uk.
connect church uk 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 CONNECT CHURCH UK. This can take several minutes, an email will notify you when this has completed.
connect church uk Companies House Filings - See Documents
| date | description | view/download |
|---|
