Connected System Solution UK Ltd
Registered name: CONNECTED SYSTEM SOLUTION UK LTD
Connected System Solution UK Ltd made £509k revenue and £298k profit in the year to 31 Mar 2024.
Connected System Solution UK Ltd’s revenue grew 19% to £509k in the year to 31 Mar 2024, with £298k profit and 1 employee. The company is classified under “repair of electrical equipment” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- London, London
- Age
- 8 yrs · since 2018
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £202k | £428k | £509k |
| Profit after tax | £87.8k | £261k | £298k |
| Profit (best available) | £87.8k | £261k | £298k |
| Staff costs | £30.3k | £45.2k | £48.9k |
| Employees (average) | — | 1 | 1 |
| Ratios | |||
| Profit margin | 43.6% | 60.9% | 58.6% |
| Revenue per employee | — | £428k | £509k |
| Profit per employee | — | £261k | £298k |
| Growth (year on year) | |||
| Revenue growth | — | ▲112.5% | ▲18.8% |
| Profit growth | — | ▲197% | ▲14.3% |
| Headcount growth | — | — | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | £16k | £54.8k | £111k |
| Fixed assets | £8k | £12.4k | £38.1k |
| Current assets | £8.1k | £70.5k | £153k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 |
How the business works
- Profit margin
- 58.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £509k
- Revenue ÷ average employees.
- Profit per employee
- £298k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 7.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▲103%
- Now £111k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▲207%
- Now £38.1k
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £298k), from the Companies House accounts bulk data published Sep 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.