CONNECTED PLACES CATAPULT
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Cash
£13m
+24% highest in 3 filed years
Net assets
£5.4m
-30.7% lowest in 3 filed years
Employees
303
-4.7% lowest in 3 filed years
Profit before tax
-£3m
-12.9% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Total income | £51,606,220 | £56,355,491 | £48,097,140 | -14.7% | |
| Operating profit | £1,446,421 | -£2,928,988 | -£3,303,175 | -12.8% | |
| Profit before tax | £1,680,175 | -£2,654,528 | -£2,997,470 | -12.9% | |
| Net profit | £1,373,664 | -£2,007,978 | -£2,401,830 | -19.6% | |
| Cash | £7,692,354 | £10,552,644 | £13,086,548 | +24% | |
| Total assets less current liabilities | £11,362,850 | £13,551,527 | £16,336,514 | +20.6% | |
| Net assets | £9,827,235 | £7,819,257 | £5,417,427 | -30.7% | |
| Equity | £9,827,235 | £7,819,257 | £5,417,427 | -30.7% | |
| Average employees | 308 | 318 | 303 | -4.7% | |
| Wages | £20,949,442 | £21,701,359 | £20,207,701 | -6.9% | |
| Directors' remuneration | £767,343 | £736,791 | £740,642 | +0.5% | |
| Directors' pension contributions | £40,583 | £79,733 | £82,410 | +3.4% | |
| Highest paid director | £336,126 | £279,500 | £279,876 | +0.1% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | 2.8% | -5.2% | -6.9% | |
| Net margin | 2.7% | -3.6% | -5.0% | |
| Return on capital employed | 12.7% | -21.6% | -20.2% | |
| Gearing (liabilities / total assets) | 61.5% | 71.8% | 80.4% | |
| Current ratio | 1.75x | 1.93x | 2.44x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors believe that there are no material uncertainties that prevent the accounts preparation on a going concern basis. As mentioned above, work is already underway to secure a new GFA after 31 March 2028.”
Group structure
- CONNECTED PLACES CATAPULT · parent
- Connected Places Catapult Services Limited 100%
Significant events
- “The Directors have recognised a provision in relation to an ongoing HMRC investigation concerning the apportionment of input VAT between business and non-business activities. This matter has been under review for a number of years and remains unresolved due to the complex nature of the Company's operations.”
- “The Company is partly funded by Innovate UK under an extant Grant Funding Agreement (GFA) that runs until 31 March 2028. The Company has already started working with Innovate UK on a business case to ensure renewal of the GFA for a further 5 years.”
- “Included within provisions is an amount of £9,600,000 (2025: £4,300,000) in relation to an HMRC assessment of the business/non-business apportionment of input VAT.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
13 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LANGLANDS, Jacob Mark Alexander | Secretary | 2020-07-30 | — | — |
| CRAVEN, Iain Scott | Director | 2024-02-22 | Dec 1970 | British |
| DWYER, Carolyn Foreman | Director | 2025-01-01 | Jul 1966 | British |
| FORBES, Claudette Anita | Director | 2021-04-01 | Sep 1963 | British |
| HUNT, Susan Margaret | Director | 2019-04-01 | Dec 1964 | British |
| LEWIS, Erika Jane | Director | 2024-03-01 | Jun 1969 | British |
| MCGUINNESS, Catherine Sidony | Director | 2022-10-26 | Feb 1959 | English,Irish |
| MESSEM, Darran Keith | Director | 2025-07-31 | Jun 1966 | British |
| PATRICK, Stuart Leslie | Director | 2025-01-01 | May 1962 | British |
| POWELL, Gareth William | Director | 2025-07-31 | Jan 1976 | British |
| SACHDEV, Nilesh | Director | 2026-04-01 | Nov 1958 | British |
| VINCENT, Alison, Dr | Director | 2020-04-30 | Nov 1964 | British |
| YU, Lucy Emma | Director | 2021-04-01 | Jun 1983 | British |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALEXANDER, Pamela Elizabeth | Director | 2019-04-01 | 2021-06-30 |
| CHISM, Nicholas James | Director | 2020-07-30 | 2024-12-31 |
| CLARK, Greg, Prof | Director | 2020-04-30 | 2026-03-31 |
| COOPER, Rachel Faith Davies, Professor | Director | 2019-04-01 | 2020-09-30 |
| HARPER, Nicholas Martin | Director | 2019-10-31 | 2020-12-31 |
| HILL, Terence Malcolm | Director | 2019-02-20 | 2020-05-01 |
| KIRKPATRICK, Jon Bruce, Dr | Director | 2021-12-03 | 2024-02-29 |
| OGUNSHAKIN, Olawale Nelson, Dr | Director | 2021-05-01 | 2023-09-30 |
| PEACE, Elizabeth Ann | Director | 2020-07-30 | 2024-12-31 |
| PLOWDEN, Benedict Edmund | Director | 2019-04-01 | 2020-09-30 |
| SEAWARD, Rebecca Louise | Director | 2024-11-25 | 2025-05-30 |
| SHARLAND, Susan Margaret | Director | 2019-04-01 | 2020-09-30 |
| SHARPLES, Sarah Catherine | Director | 2019-04-01 | 2021-02-28 |
| YATES, Nicola Jane | Director | 2019-02-20 | 2024-02-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Nilesh Sachdev | Individual | Voting 25–50% | 2026-04-01 | Active |
| Ms Erika Jane Lewis | Individual | Voting 25–50% | 2024-03-01 | Active |
| Prof Greg Clark | Individual | Voting 25–50% | 2020-04-30 | Ceased 2026-03-31 |
| Nicola Jane Yates | Individual | Voting 25–50% | 2019-02-20 | Ceased 2024-02-29 |
| Mr Terence Malcolm Hill | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2019-02-20 | Ceased 2020-05-01 |
Filing timeline
Last 20 of 74 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-13 | AA | accounts | Accounts with accounts type group | |
| 2026-08-03 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-07-28 | TM01 | officers | Termination director company with name termination date | |
| 2026-07-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-07-08 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-10 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-08 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-04-07 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-23 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-02-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-03 | AA | accounts | Accounts with accounts type group | |
| 2025-08-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-07 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.