Connolly Holdings LimitedDissolved
Registered name: CONNOLLY HOLDINGS LIMITED
Connolly Holdings Limited made £67.1k revenue and £103k profit in the year to 31 May 2023.
Connolly Holdings Limited’s revenue fell 2% to £67.1k in the year to 31 May 2023, with £103k profit and 0 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The immediate and ultimate controlling party is The Connolly Foundation (UK) Limited.”
Key figures
Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £68.7k | £67.1k |
| Gross profit | £68.7k | £67.1k |
| Operating profit | £54.7k | £103k |
| Profit after tax | £54.7k | £103k |
| Profit (best available) | £54.7k | £103k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | 79.7% | 153% |
| Gross margin | 100% | 100% |
| Cash conversion | 68.8% | −930% |
| Growth (year on year) | ||
| Revenue growth | — | ▼2.3% |
| Profit growth | — | ▲87.6% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £0 | £0 |
| Net assets | £4.4m | £4.4m |
| Fixed assets | £4.4m | £3.5m |
| Current assets | £13.8k | £1.4m |
| Debtors | £13.8k | £1.4m |
| Deferred income | £8.8k | £9.8k |
| Cash from operations | £37.6k | −£954k |
| Source | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2024 |
How the business works
- Profit margin
- 153%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- −930%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5180%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 14.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2017%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲1%
- Now £4.4m
- Cash at bank
- —
- Now £0
- Headcount
- —
- Now 0
- Deferred income
- ▲11%
- Now £9.8k
- Fixed assets
- ▼21%
- Now £3.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Sources
Latest figures from accounts for the year to 31 May 2023 (profit £103k), from the Companies House accounts bulk data published Jan 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.