core connect accountants ltd
core connect accountants ltd Company Information
Company Number
08528077
Next Accounts
Feb 2025
Industry
Financial management
Other education n.e.c.
Directors
Shareholders
su ping tan
celine chan ah song
Group Structure
View All
Contact
Registered Address
88 lichfield grove, london, N3 2JN
core connect accountants ltd Estimated Valuation
Pomanda estimates the enterprise value of CORE CONNECT ACCOUNTANTS LTD at £156k based on a Turnover of £257.7k and 0.61x industry multiple (adjusted for size and gross margin).
core connect accountants ltd Estimated Valuation
Pomanda estimates the enterprise value of CORE CONNECT ACCOUNTANTS LTD at £88.1k based on an EBITDA of £24.6k and a 3.58x industry multiple (adjusted for size and gross margin).
core connect accountants ltd Estimated Valuation
Pomanda estimates the enterprise value of CORE CONNECT ACCOUNTANTS LTD at £318.8k based on Net Assets of £113k and 2.82x industry multiple (adjusted for liquidity).
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Core Connect Accountants Ltd Overview
Core Connect Accountants Ltd is a live company located in london, N3 2JN with a Companies House number of 08528077. It operates in the financial management sector, SIC Code 70221. Founded in May 2013, it's largest shareholder is su ping tan with a 80% stake. Core Connect Accountants Ltd is a established, micro sized company, Pomanda has estimated its turnover at £257.7k with declining growth in recent years.
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Core Connect Accountants Ltd Health Check
Pomanda's financial health check has awarded Core Connect Accountants Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £257.7k, make it smaller than the average company (£540.2k)
- Core Connect Accountants Ltd
£540.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (6.6%)
- Core Connect Accountants Ltd
6.6% - Industry AVG
Production
with a gross margin of 32.9%, this company has a higher cost of product (68.6%)
- Core Connect Accountants Ltd
68.6% - Industry AVG
Profitability
an operating margin of 9.5% make it more profitable than the average company (6.9%)
- Core Connect Accountants Ltd
6.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (8)
2 - Core Connect Accountants Ltd
8 - Industry AVG
Pay Structure
on an average salary of £40.3k, the company has an equivalent pay structure (£40.3k)
- Core Connect Accountants Ltd
£40.3k - Industry AVG
Efficiency
resulting in sales per employee of £128.9k, this is more efficient (£93.6k)
- Core Connect Accountants Ltd
£93.6k - Industry AVG
Debtor Days
it gets paid by customers after 183 days, this is later than average (49 days)
- Core Connect Accountants Ltd
49 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is close to average (36 days)
- Core Connect Accountants Ltd
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Core Connect Accountants Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Core Connect Accountants Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 13.5%, this is a lower level of debt than the average (35.8%)
13.5% - Core Connect Accountants Ltd
35.8% - Industry AVG
CORE CONNECT ACCOUNTANTS LTD financials
Core Connect Accountants Ltd's latest turnover from May 2023 is estimated at £257.7 thousand and the company has net assets of £113 thousand. According to their latest financial statements, Core Connect Accountants Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | ||||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | ||||||||||
| Tax | ||||||||||
| Profit After Tax | ||||||||||
| Dividends Paid | ||||||||||
| Retained Profit | ||||||||||
| Employee Costs | ||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 1 | 1 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 711 | 837 | 985 | 1,313 | 952 | 1,269 | 569 | 758 | 669 | 613 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 55,000 |
| Total Fixed Assets | 711 | 837 | 985 | 1,313 | 952 | 1,269 | 569 | 758 | 669 | 55,613 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 129,836 | 99,177 | 123,305 | 195,213 | 224,455 | 256,610 | 233,884 | 193,552 | 135,421 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,412 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 129,836 | 99,177 | 123,305 | 195,213 | 224,455 | 256,610 | 233,884 | 193,552 | 135,421 | 12,412 |
| total assets | 130,547 | 100,014 | 124,290 | 196,526 | 225,407 | 257,879 | 234,453 | 194,310 | 136,090 | 68,025 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 17,561 | 5,473 | 25,035 | 32,559 | 78,628 | 134,731 | 127,257 | 112,715 | 75,701 | 31,410 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 17,561 | 5,473 | 25,035 | 32,559 | 78,628 | 134,731 | 127,257 | 112,715 | 75,701 | 31,410 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 20,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 20,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 17,561 | 5,473 | 25,035 | 52,559 | 78,628 | 134,731 | 127,257 | 112,715 | 75,701 | 31,410 |
| net assets | 112,986 | 94,541 | 99,255 | 143,967 | 146,779 | 123,148 | 107,196 | 81,595 | 60,389 | 36,615 |
| total shareholders funds | 112,986 | 94,541 | 99,255 | 143,967 | 146,779 | 123,148 | 107,196 | 81,595 | 60,389 | 36,615 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 204 | |||||||||
| Amortisation | 0 | |||||||||
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 30,659 | -24,128 | -71,908 | -29,242 | -32,155 | 22,726 | 40,332 | 58,131 | 80,421 | 55,000 |
| Creditors | 12,088 | -19,562 | -7,524 | -46,069 | -56,103 | 7,474 | 14,542 | 37,014 | 44,291 | 31,410 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -20,000 | 20,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12,412 | 12,412 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12,412 | 12,412 |
core connect accountants ltd Credit Report and Business Information
Core Connect Accountants Ltd Competitor Analysis
Perform a competitor analysis for core connect accountants ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in N 3 area or any other competitors across 12 key performance metrics.
core connect accountants ltd Ownership
CORE CONNECT ACCOUNTANTS LTD group structure
Core Connect Accountants Ltd has no subsidiary companies.
Ultimate parent company
CORE CONNECT ACCOUNTANTS LTD
08528077
core connect accountants ltd directors
Core Connect Accountants Ltd currently has 1 director, Ms Su Tan serving since May 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Su Tan | England | 51 years | May 2013 | - | Director |
P&L
May 2023turnover
257.7k
+37%
operating profit
24.6k
0%
gross margin
33%
-1.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
113k
+0.2%
total assets
130.5k
+0.31%
cash
0
0%
net assets
Total assets minus all liabilities
core connect accountants ltd company details
company number
08528077
Type
Private limited with Share Capital
industry
70221 - Financial management
85590 - Other education n.e.c.
incorporation date
May 2013
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
lichfield green limited (June 2023)
accountant
-
auditor
-
address
88 lichfield grove, london, N3 2JN
Bank
-
Legal Advisor
-
core connect accountants 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 core connect accountants ltd.
core connect accountants 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 CORE CONNECT ACCOUNTANTS LTD. This can take several minutes, an email will notify you when this has completed.
core connect accountants ltd Companies House Filings - See Documents
| date | description | view/download |
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