CONNECT ASSIST LIMITED

• ⚠

  Material uncertainty over going concern

  On the 1st of October 2024 the company sold its trade, assets and liabilities at net book value and all staff were TUPE'd across to Maximus UK Services Ltd. Following the hive up the company will not trade and the Directors intend to liquidate the Company after 12 months from the approval of these financial statements. Therefore, these financial statements are prepared on a basis other than going concern.

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

  +29.6%

  £18,198,000 → £23,592,215

• Cash

  -53.5%

  £3,110,576 → £1,447,291

• Net assets

  -13.4%

  £5,020,274 → £4,347,197

• Employees

  +25.6%

  450 → 565

• Operating profit

  -4.6%

  £795,946 → £759,682

• Profit before tax

  +4.2%

  £873,551 → £909,954

• Wages

  +53.2%

  £10,495,667 → £16,078,408

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.

1. CONNECT ASSIST LIMITED 2010-01-11 → present
2. LINK TO LIFE LIMITED 2005-08-18 → 2010-01-11

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“On the 1st of October 2024 the company sold its trade, assets and liabilities at net book value and all staff were TUPE'd across to Maximus UK Services Ltd. Following the hive up the company will not trade and the Directors intend to liquidate the Company after 12 months from the approval of these financial statements. Therefore, these financial statements are prepared on a basis other than going concern.”

Significant events

• “On the 1st October 2024 the company sold its trade, assets and liabilities of the business to its parent company Maximus UK Services Ltd. The decision to sell the company was to support the growth of the company's contact and helpline services as part of the larger Maximus business providing greater financial resources to secure larger contact centre opportunities. The company's strong social mission remains at the heart of Maximus's business and social values.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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