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CONNECT LETTINGS AND MANAGEMENT LIMITED Financials

Company number
03900592Copy
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Registered office
Fourth Floor, Chase House, 305 Chase Road, London N14 6JS
Incorporated
29/12/1999

Company snapshot

Status
Active
Employees
28 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£1.39M2024
416.13%vs 2023

2023: £269.45K

Total Assets

£6.83M2024
509.07%vs 2023

2023: £1.12M

Cash in Bank

£804.02K2024
136.32%vs 2023

2023: £340.23K

Total Liabilities

£5.44M2024
538.45%vs 2023

2023: £852.45K

Employees

282024
+24vs 2023

2023: 4

In 2024, CONNECT LETTINGS AND MANAGEMENT LIMITED reported net assets of £1.39M. The same filing shows total assets of £6.83M, cash in bank of £804.02K and total liabilities of £5.44M. Reported headcount was 28 in 2024. Total Assets rose from £1.12M in 2023 to £6.83M in 2024 (509.07%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£1.39M2024
416.13%from £269.45K in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures CONNECT LETTINGS AND MANAGEMENT LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£77.35K2022£1.39M2024
+1698%vs 2022

+324% a year compound (CAGR)

Cash in Bank

£32.24K2022£804.02K2024
+2394%vs 2022

+399% a year compound (CAGR)

Total Assets

£189.23K2022£6.83M2024
+3511%vs 2022

+501% a year compound (CAGR)

Total Liabilities

£111.88K2022£5.44M2024
+4764%vs 2022

+597% a year compound (CAGR)

Employees

52022282024
+460%vs 2022+23

Biggest increase

Total Liabilities+4764%

£111.88K in 2022 to £5.44M in 2024

Every indicator Okredo holds for CONNECT LETTINGS AND MANAGEMENT LIMITED rose between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, cash in bank, total assets and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from CONNECT LETTINGS AND MANAGEMENT LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
20.35%2024

Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.

Liabilities to total assets
79.65%2024

Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Cash to liabilities
14.77%2024

Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.

Cash to total assets
11.77%2024

Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for CONNECT LETTINGS AND MANAGEMENT LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£76.29K77.35K269.45K1.39M
Total Assets£262.85K189.23K1.12M6.83M
Cash in Bank£99.16K32.24K340.23K804.02K
Total Liabilities£186.56K111.88K852.45K5.44M
Employees65428

CONNECT LETTINGS AND MANAGEMENT LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has CONNECT LETTINGS AND MANAGEMENT LIMITED filed financial statements?

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Yes. Okredo holds filed figures for CONNECT LETTINGS AND MANAGEMENT LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did CONNECT LETTINGS AND MANAGEMENT LIMITED report in 2024?

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CONNECT LETTINGS AND MANAGEMENT LIMITED reported net assets of £1.39M for 2024. That compares with £269.45K in 2023, a change of 416.13%.

What total assets did CONNECT LETTINGS AND MANAGEMENT LIMITED report in 2024?

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CONNECT LETTINGS AND MANAGEMENT LIMITED reported total assets of £6.83M for 2024. That compares with £1.12M in 2023, a change of 509.07%.

What cash in bank did CONNECT LETTINGS AND MANAGEMENT LIMITED report in 2024?

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CONNECT LETTINGS AND MANAGEMENT LIMITED reported cash in bank of £804.02K for 2024. That compares with £340.23K in 2023, a change of 136.32%.

How many people does CONNECT LETTINGS AND MANAGEMENT LIMITED employ?

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CONNECT LETTINGS AND MANAGEMENT LIMITED reported 28 employees in 2024, compared with 4 in 2023.

How have CONNECT LETTINGS AND MANAGEMENT LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, CONNECT LETTINGS AND MANAGEMENT LIMITED's net assets rose by 1698%, cash in bank rose by 2394%, total assets rose by 3511% and total liabilities rose by 4764%. Net assets compounded at 324% a year across the two years to 2024, from £77.35K to £1.39M. Reported headcount went from 5 in 2022 to 28 in 2024 (+23).

Which years of CONNECT LETTINGS AND MANAGEMENT LIMITED financial data are available?

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Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.