A. CONNOLLY LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -6.1%

  £63,039,853 → £59,196,780

• Cash

  +14%

  £8,873,935 → £10,118,792

• Net assets

  +14.8%

  £12,257,263 → £14,065,531

• Employees

  +0.8%

  244 → 246

• Operating profit

  -57.8%

  £5,378,306 → £2,270,544

• Profit before tax

  -57%

  £5,462,240 → £2,346,828

• Wages

  +5.1%

  £10,071,744 → £10,588,561

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Goldblatts

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “The principal activities of the company during the year were those of building and maintenance contractors.”
• “The company delivers contracts ranging in size from £5,000 to £12million and utilises its own directly employed workforce combined with specialist sub-contractors in the delivery of its core business activities.”
• “The construction industry continues to be a challenging and highly competitive market. In the financial year the priority was ensuring that as the business grows, we continue to deliver the same quality service to all our customers and the business has had a successful year.”
• “The company has a strong balance sheet with net current assets of £13.4m at the period end and with year-end cash balances of £10.1m This combination of financial strength and liquidity gives the company the confidence to continue to invest for the future and take advantage of opportunities as and when they present themselves. The business is on target to deliver circa £80m of contracts in the financial year 2025/2026.”
• “The company has seen additional benefits from its long-term partnering and framework agreements and continues to focus on its strengths of building relationships, successful delivery and repeat business.”
• “The company has continued to invest in the future by providing a comprehensive employee training programme. We have maintained a strong commitment to investing in apprentices, recognising that these people always represent an asset which transcends market cycles.”
• “We have continued to strengthen the senior management team which has enabled significant but controlled growth in the period and provided a solid platform for the future growth in both turnover and profits in line with our business strategy.”
• “To remain competitive and to recognise the changing nature of our clients' requirements we continue to investigate, research and utilise alternative methods of construction.”
• “Other than general economic risks the principal risks facing the company continues to be those relating to a highly competitive tender market, inflation in the supply chain, staff retention and government planning and other regulations.”
• “The company enters long term contracts in the normal course of business. The length of these contracts introduces further commercial, inflation, customer and supply chain risks to our business which can have an impact on revenue and profit recognised on each contract.”
• “The company's workload is heavily focused on both public and private clients, significant levels of our current activity continue to relate to local authorities, housing associations and care homes, all of which continue to be impacted by changes in government legislation.”
• “Proportion of work secured as at 31 March 2025 63% 2024 88% This reduction was due to a high number of long term frameworks ending this year. They have now been successfully secured.”
• “Employee retention rates 2025 90% 2024 88%. Apprentices as a proportion of direct workforce 2025 25% 2024 30%.”
• “Social Value - Return on Investment to Landlords - Over 13.8m based on TOMS model and over 4,800 Goodwill Gestures.”
• “Within the last 12 months we have invested an incredible: 2346 staff hours to community led initiatives. £16,400 Fundraising, donations and in-kind contributions.”
• “Over the last 40 years, the business has continued to develop and grow its service offering, focusing on its core strengths to enable the transformation into a regional main contractor in its own right.”
• “We have been developing our carbon strategy reducing our carbon emissions with a 5-year plan, our supply chain has also signed up to our initiative and positively engaged to reduce emissions.”
• “Connolly is committed to achieving Net Zero emissions by 2038, this is in line with Greater Manchester Combined Authority's target of 2038, ahead of the Central Government target of 2050.”
• “We plan to reduce our carbon emissions by 60% (or as far as possible) against our 2023 baseline, by 2038, with the remainder of our emissions to be offset.”
• “Throughout this year, the SHEQ team has delivered several key innovations to strengthen the safety, health, environmental, and quality management practices across the business.”
• “Connolly have successfully maintained a fully integrated Business Management System, achieving UKAS accreditation to ISO 9001, ISO 14001, and ISO 45001.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.