Connexions (group) Limited

Connexions Group Ltd, based in London, UK, is a sizable holding company with an active status, having been incorporated 26 years ago in October 0f 1998. The company employs 28 people and holds £696,835 in assets. It has a real address, three directors, and one owner, and enjoys a perfect 5.0 Google rating based on five reviews. Connexions Group Ltd is a regular importer of electrical machinery and equipment, with 7 months of import activity recorded, the last in October 01, 2024.

The company operates in the wired telecommunications activities industries. It’s classified as a large company, having met two of three criteria: turnover exceeding £36 million, a balance sheet total over £18 million, and more than 250 employees. The company's website is currently unavailable, so it’s impossible to determine if it operates an e-commerce platform.

Financially, Connexions Group Ltd presents a mixed picture. While cash reserves increased by 71% to £63,000, net assets only grew by 4.1% to £380,000. Interest payable surged by a staggering 48,000% to £12,000, and administrative expenses increased by 3.7% to £1.5 million. Trade debtors increased by 41% to £230,000, suggesting a potential challenge in collecting payments. The company’s bank borrowings remain stable, and creditors increased by 13% to £320,000. The company's average number of employees increased by 11% to 31. The financial statements were audited by Azets Audit Services.

It's likely that the increase in interest payable is due to increased borrowing, and the rise in administrative expenses may reflect investments in growth or operational changes. The company's strong Google rating suggests good customer service, but the financial data indicates that it’s facing some financial pressures. The company's continued import activity and presence in the telecommunications sector suggest that it’s a resilient business, but it will need to manage its costs effectively to maintain its financial health.

Registered in England/Wales under the registration number 03647785, with a registered address at E14 9GE, England, London, 3 Harbour Exchange Square.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.