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CONNEX ONE LIMITED Financials

Company number
08814633Copy
Copy
Registered office
Seventh Floor Bauhaus, 27 Quay Street, Manchester M3 3GY
Incorporated
13/12/2013

Company snapshot

Status
Active
Employees
4 (2024)
Latest financial data
2024
Accounts type
Group

Financial highlights

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

Net Assets

£35.70M2024
49.05%vs 2023

2023: £23.95M

Total Assets

£45.79M2024
39.07%vs 2023

2023: £32.93M

Cash in Bank

£7.51M2024
255.26%vs 2023

2023: £2.11M

Total Liabilities

£9.85M2024
14.37%vs 2023

2023: £8.61M

Employees

42024
+1vs 2023

2023: 3

In 2024, CONNEX ONE LIMITED reported net assets of £35.70M. The same filing shows total assets of £45.79M, cash in bank of £7.51M and total liabilities of £9.85M. Reported headcount was 4 in 2024. Total Assets rose from £32.93M in 2023 to £45.79M in 2024 (39.07%). 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

£35.70M2024
49.05%from £23.95M 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 CONNEX ONE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£21.60M2022£35.70M2024
+65.3%vs 2022

+28.6% a year compound (CAGR)

Cash in Bank

£9.84M2022£7.51M2024
-23.7%vs 2022

-12.6% a year compound (CAGR)

Total Assets

£27.90M2022£45.79M2024
+64.1%vs 2022

+28.1% a year compound (CAGR)

Employees

215202242024
-98.1%vs 2022-211

Biggest increase

Net Assets+65.3%

£21.60M in 2022 to £35.70M in 2024

Biggest decrease

Employees-98.1%

215 in 2022 to 4 in 2024

CONNEX ONE LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from CONNEX ONE 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
77.96%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
21.50%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
76.27%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
16.40%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 CONNEX ONE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-6.68M21.60M23.95M35.70M
Total Assets£8.92M27.90M32.93M45.79M
Cash in Bank£856.65K9.84M2.11M7.51M
Total Liabilities£––8.61M9.85M
Employees17421534

CONNEX ONE LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for CONNEX ONE LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

CONNEX ONE LIMITED reported net assets of £35.70M for 2024. That compares with £23.95M in 2023, a change of 49.05%.

CONNEX ONE LIMITED reported total assets of £45.79M for 2024. That compares with £32.93M in 2023, a change of 39.07%.

CONNEX ONE LIMITED reported cash in bank of £7.51M for 2024. That compares with £2.11M in 2023, a change of 255.26%.

CONNEX ONE LIMITED reported 4 employees in 2024, compared with 3 in 2023.

Between 2022 and 2024, CONNEX ONE LIMITED's net assets rose by 65.3%, cash in bank fell by 23.7%, total assets rose by 64.1% and employee numbers fell by 98.1%. Net assets compounded at 28.6% a year across the two years to 2024, from £21.60M to £35.70M. Reported headcount went from 215 in 2022 to 4 in 2024 (-211).

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.