How much does Connect Lettings and Management Limited make?

Connect Lettings and Management Limited reported revenue of £47.7m and £1.5m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Connect Lettings and Management Limited have?

Connect Lettings and Management Limited reported an average of 41 employees in the year to 31 Dec 2025.

Is Connect Lettings and Management Limited profitable?

Yes — Connect Lettings and Management Limited reported a profit of £1.5m in the year to 31 Dec 2025.

Company No. 03900592 · Incorporated 29 Dec 1999

Connect Lettings and Management Limited

Registered name: CONNECT LETTINGS AND MANAGEMENT LIMITED

Connect Lettings and Management Limited made £47.7m revenue and £1.5m profit in the year to 31 Dec 2025.

Connect Lettings and Management Limited’s revenue grew 143% to £47.7m in the year to 31 Dec 2025, with £1.5m profit and 41 employees. The company is classified under “management of real estate on a fee or contract basis” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68320Management of real estate on a fee or contract basis

Status: Active
Location: London, London
Age: 26 yrs · since 1999
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-lightCash flow filed

Revenue

£47.7m

Growth ▲143.2%

Profit

£1.5m

Growth ▲24.9%

Profit margin

3.2%

Gross 13.4%

Employees

Change ▲46.4%

Profit / employee

£37.2k

Revenue/employee £1.2m

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	No P&L	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£19.6m	£47.7m
Cost of sales	—	—	£16m	£41.3m
Gross profit	—	—	£3.6m	£6.4m
Operating profit	—	—	£1.6m	£2m
Profit before tax	—	—	£1.6m	£2m
Profit after tax	—	—	£1.2m	£1.5m
Profit (best available)	—	—	£1.2m	£1.5m
Staff costs	—	—	£1.1m	£2.6m
Employees (average)	5	4	28	41
Ratios
Profit margin	—	—	6.2%	3.2%
Gross margin	—	—	18.3%	13.4%
Revenue per employee	—	—	£701k	£1.2m
Profit per employee	—	—	£43.6k	£37.2k
Cash conversion	—	—	−135.7%	−100.5%
Growth (year on year)
Revenue growth	—	—	—	▲143.2%
Profit growth	—	—	—	▲24.9%
Headcount growth	—	▼20%	▲600%	▲46.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£32.2k	£340k	£804k	£831k
Net assets	£77.3k	£269k	£1.4m	£2.8m
Fixed assets	£30.4k	£28.3k	£219k	£910k
Current assets	£159k	£1.1m	£6.6m	£7.6m
Debtors	£7.6k	£624k	£43.5k	£3.3k
Deferred income	£5.7k	£10.4k	£2.1m	£3.1m
Cash from operations	—	—	−£2.2m	−£2m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 3.2%; Profit ÷ revenue.
Gross margin: 13.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.2m; Revenue ÷ average employees.
Profit per employee: £37.2k; Profit ÷ average employees.
Cash conversion: −100.5%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▲103%; Now £2.8m
Cash at bank: ▲3%; Now £831k
Headcount: ▲46%; Now 41
Deferred income: ▲51%; Now £3.1m
Fixed assets: ▲316%; Now £910k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.5m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 23 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.