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Company No. 04143738 · Incorporated 18 Jan 2001

Connect IT Utility Services Limited

Registered name: CONNECT IT UTILITY SERVICES LIMITED

Connect IT Utility Services Limited made £73.3m revenue and £660k profit in the year to 30 Jun 2025.

Connect IT Utility Services Limited’s revenue was £73.3m in the year to 30 Jun 2025, with £660k profit and 271 employees. The company is classified under “other specialised construction activities” and is based in Chandlers Ford Eastleigh; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43999Other specialised construction activities n.e.c.
Status
Active
Location
Chandlers Ford Eastleigh, South East
Age
25 yrs · since 2001
Type
Private Limited Company
Latest accounts · year to 30 Jun 2025

Key figures

IndependentCapital-lightBoring industryCash flow filed
Revenue
£73.3m
Growth —
Profit
£660k
Growth —
Profit margin
0.9%
Gross 23.6%
Employees
271
Change —
Profit / employee
£2.4k
Revenue/employee £270k
Profitable streak
3yrs
Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202330 Jun 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£34m£39.5m£73.3m
Cost of sales£22.5m£25.3m£55.9m
Gross profit£11.4m£14.1m£17.3m
Operating profit£3.9m£3.8m£1.9m
Profit before tax£3.8m£3.6m£768k
Profit after tax£3.2m£2.9m£660k
Profit (best available)£3.2m£2.9m£660k
Employees (average)159198271
Ratios
Profit margin9.3%7.4%0.9%
Gross margin33.7%35.8%23.6%
Revenue per employee£214k£199k£270k
Profit per employee£20k£14.7k£2.4k
Cash conversion−169.1%−47.3%−315%
Growth (year on year)
Revenue growth—▲16.2%—
Profit growth—▼8.4%—
Headcount growth—▲24.5%—
Balance sheet — indirect signals, not revenue
Cash at bank£3.6m£1.2m£2.4m
Net assets£6.1m£7.4m£7.2m
Fixed assets£5.4m£5.8m£6.6m
Current assets£13.5m£15.9m£18.8m
Debtors£2.9m£4.7m£7.2m
Deferred income£7.2m£7.6m£8.4m
Cash from operations−£6.6m−£1.8m−£5.8m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Jan 2026
Derived from the latest filing

How the business works

Profit margin
0.9%
Profit ÷ revenue.
Gross margin
23.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£270k
Revenue ÷ average employees.
Profit per employee
£2.4k
Profit ÷ average employees.
Cash conversion
−315%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
9%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
11.5%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
9.8%
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
—
Now £7.2m
Cash at bank
—
Now £2.4m
Headcount
—
Now 271
Deferred income
—
Now £8.4m
Fixed assets
—
Now £6.6m

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £660k), from the Companies House accounts bulk data published Jan 2026. 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.