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Connect Travels Ltd

11374422

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

246 WICK ROAD, LONDON, E9 5DG
Incorporated 22/05/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

79110
Travel agency activities

Officers

Mr Jonny Thomas

director · Since 20/06/2024

DIRECTOR

BRITISH · ENGLAND · Age 62

Persons with Significant Control

Mr Jonny Thomas

50–75% shares
voting-rights-50-to-75-percent-as-firm
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

British · England · Age 62

246, Wick Road, London, E9 5DG

Notified 20/06/2024

Former PSCs

Mr Tony Oluseye Olufisan

Ceased 20/06/2024

CompanyRankvs 4240+ SIC 79110 peers
54

Financial strength70th percentile among SIC peers · 18/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2024

Net Worth

£8k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£38k

Working capital

Current Assets

£38k

Current Liabilities

£39k

Fixed Assets

£9k

1avg. employees-5

Balance Sheet

Assets less current liabilities£47k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.97-£36k
20231.60+£12k
2022-£29k
2021-£16k
2020Infinity+£56k

Derived from filed accounts. Not audited figures.