connect property north east ltdEstimated Valuation
£1.1m
Pomanda estimates the enterprise value of CONNECT PROPERTY NORTH EAST LTD at £1.1m based on a Turnover of £545.4k and 2.05x industry multiple (adjusted for size and gross margin).
connect property north east ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of CONNECT PROPERTY NORTH EAST LTD at £0 based on an EBITDA of £-17.3k and a 6.54x industry multiple (adjusted for size and gross margin).
connect property north east ltdEstimated Valuation
£1.1m
Pomanda estimates the enterprise value of CONNECT PROPERTY NORTH EAST LTD at £1.1m based on Net Assets of £531.2k and 2.02x industry multiple (adjusted for liquidity).
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Connect Property North East LtdOverview
Connect Property North East Ltd is a live company located in stockton-on-tees, TS18 3DB with a Companies House number of 09404628. It operates in the real estate agencies sector, SIC Code 68310. Founded in January 2015, it's largest shareholder is
sarah jeannine wilkinson
with a 16.7% stake. Connect Property North East Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£545.4k with
low
growth in recent years.
Pomanda's financial health check has awarded Connect Property North East Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
3 Regular
4 Weak
Size
annual sales of £545.4k, make it in line with the average company (£551.7k)
£545.4k - Connect Property North East Ltd
£551.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (6.6%)
0% - Connect Property North East Ltd
6.6% - Industry AVG
Production
with a gross margin of 87.1%, this company has a comparable cost of product (87.1%)
87.1% - Connect Property North East Ltd
87.1% - Industry AVG
Profitability
an operating margin of -3.7% make it less profitable than the average company (6.4%)
-3.7% - Connect Property North East Ltd
6.4% - Industry AVG
Employees
with 4 employees, this is below the industry average (13)
4 - Connect Property North East Ltd
13 - Industry AVG
Pay Structure
on an average salary of £39.2k, the company has an equivalent pay structure (£39.2k)
£39.2k - Connect Property North East Ltd
£39.2k - Industry AVG
Efficiency
resulting in sales per employee of £136.3k, this is more efficient (£81.8k)
£136.3k - Connect Property North East Ltd
£81.8k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is later than average (42 days)
64 days - Connect Property North East Ltd
42 days - Industry AVG
Creditor Days
its suppliers are paid after 77 days, this is slower than average (38 days)
77 days - Connect Property North East Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Connect Property North East Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 172 weeks, this is more cash available to meet short term requirements (38 weeks)
172 weeks - Connect Property North East Ltd
38 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.2%, this is a lower level of debt than the average (52.5%)
25.2% - Connect Property North East Ltd
52.5% - Industry AVG
CONNECT PROPERTY NORTH EAST LTD financials
EXPORT
Connect Property North East Ltd's latest turnover from January 2024 is estimated at £545.4 thousand and the company has net assets of £531.2 thousand. According to their latest financial statements, Connect Property North East Ltd has 4 employees and maintains cash reserves of £584.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Turnover
545,392
608,654
466,434
538,829
2,181,990
1,777,457
1,533,725
2,999,958
2,425,502
Other Income Or Grants
Cost Of Sales
70,403
69,330
36,816
63,125
299,695
258,052
166,871
307,374
288,552
Gross Profit
474,990
539,324
429,618
475,704
1,882,295
1,519,405
1,366,853
2,692,584
2,136,950
Admin Expenses
495,023
555,341
215,539
378,679
1,832,604
1,490,730
1,242,902
2,583,650
2,120,671
Operating Profit
-20,033
-16,017
214,079
97,025
49,691
28,675
123,951
108,934
16,279
Interest Payable
Interest Receivable
31,217
22,105
1,312
196
Pre-Tax Profit
11,184
6,088
215,391
97,221
49,691
28,675
123,951
108,934
16,279
Tax
-2,796
-1,157
-40,924
-18,472
-9,441
-5,448
-23,551
-21,787
-3,256
Profit After Tax
8,388
4,931
174,467
78,749
40,250
23,227
100,400
87,147
13,023
Dividends Paid
Retained Profit
8,388
4,931
174,467
78,749
40,250
23,227
100,400
87,147
13,023
Employee Costs
156,803
157,095
162,153
144,271
154,139
159,044
140,042
1,500,156
1,180,475
Number Of Employees
4
4
4
4
4
4
4
40
32
EBITDA*
-17,276
-12,930
215,815
97,025
49,691
28,675
123,951
108,934
16,279
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Tangible Assets
10,865
10,027
10,840
5,541
3,384
4,639
6,184
5,467
1,815
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
10,865
10,027
10,840
5,541
3,384
4,639
6,184
5,467
1,815
Stock & work in progress
Trade Debtors
96,911
91,130
67,639
94,953
423,616
349,537
313,993
316,256
202,302
Group Debtors
Misc Debtors
17,967
13,727
23,246
7,618
3,927
Cash
584,636
604,597
658,548
390,990
misc current assets
3,398
3,636
4,673
2,164
total current assets
699,514
709,454
749,433
493,561
427,543
352,935
317,629
320,929
204,466
total assets
710,379
719,481
760,273
499,102
430,927
357,574
323,813
326,396
206,281
Bank overdraft
Bank loan
Trade Creditors
14,977
7,535
9,958
4,848
163,753
132,013
120,531
221,704
189,871
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
161,504
186,645
230,392
151,458
total current liabilities
176,481
194,180
240,350
156,306
163,753
132,013
120,531
221,704
189,871
loans
hp & lease commitments
Accruals and Deferred Income
3,127
1,764
2,712
4,522
3,387
other liabilities
provisions
2,716
2,507
2,060
total long term liabilities
2,716
2,507
2,060
3,127
1,764
2,712
4,522
3,387
total liabilities
179,197
196,687
242,410
156,306
166,880
133,777
123,243
226,226
193,258
net assets
531,182
522,794
517,863
342,796
264,047
223,797
200,570
100,170
13,023
total shareholders funds
531,182
522,794
517,863
342,796
264,047
223,797
200,570
100,170
13,023
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Operating Activities
Operating Profit
-20,033
-16,017
214,079
97,025
49,691
28,675
123,951
108,934
16,279
Depreciation
2,757
3,087
1,736
Amortisation
Tax
-2,796
-1,157
-40,924
-18,472
-9,441
-5,448
-23,551
-21,787
-3,256
Stock
Debtors
10,021
13,972
-11,686
-324,972
78,006
35,544
-2,263
113,954
202,302
Creditors
7,442
-2,423
5,110
-158,905
31,740
11,482
-101,173
31,833
189,871
Accruals and Deferred Income
-25,141
-43,747
78,934
148,331
1,363
-948
-1,810
1,135
3,387
Deferred Taxes & Provisions
209
447
2,060
Cash flow from operations
-47,583
-73,782
272,681
392,951
-4,653
-1,783
-320
6,161
3,979
Investing Activities
capital expenditure
-3,595
-2,274
-7,035
-2,157
1,255
1,545
-717
-3,652
-1,815
Change in Investments
cash flow from investments
-3,595
-2,274
-7,035
-2,157
1,255
1,545
-717
-3,652
-1,815
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
600
interest
31,217
22,105
1,312
196
cash flow from financing
31,217
22,105
1,912
196
cash and cash equivalents
cash
-19,961
-53,951
267,558
390,990
overdraft
change in cash
-19,961
-53,951
267,558
390,990
connect property north east ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for connect property north east ltd. Get real-time insights into connect property north east ltd's credit score, group structure and payment trends.
Connect Property North East Ltd Competitor Analysis
Perform a competitor analysis for connect property north east ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in TS18 area or any other competitors across 12 key performance metrics.
connect property north east ltd Ownership
CONNECT PROPERTY NORTH EAST LTD group structure
Connect Property North East Ltd has no subsidiary companies.
Ultimate parent company
CONNECT PROPERTY NORTH EAST LTD
09404628
CONNECT PROPERTY NORTH EAST LTD Shareholders
The largest shareholders in Connect Property North East Ltd include Sarah Jeannine Wilkinson and Andrew Jonathan Wilkinson.
sarah jeannine wilkinson
16.67%
andrew jonathan wilkinson
16.67%
jonathan mark simpson
16.67%
sally simpson
16.67%
timothy alexander carter
16.67%
helen carter
16.67%
connect property north east ltd directors
Connect Property North East Ltd currently has 3 directors.
The longest serving directors include
Mr Timothy Carter (Jan 2015) and
Mr Jonathan Simpson (Mar 2015).
4 halegrove court, first floor, halegrove court, stockton-on-tees, TS18 3DB
Bank
-
Legal Advisor
-
connect property north east 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 connect property north east ltd.
connect property north east 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.
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connect property north east ltdCompanies House Filings - See Documents
