Correct Contract Services Ltd
UnknownCompany number06368614
Company typeUnknown
JurisdictionUnknown
IncorporatedInvalid Date
Concentration risk
Buyer concentrationMedium risk
65%Top 3 buyers account for 65% of total contract value
Sector concentrationHigh risk
100%Top 2 sectors represent 100% of portfolio
Single buyer dependencyMedium risk
37%Largest buyer (Stonewater Limited) represents 37% of total value
Route to marketHigh risk
100%100% of contract value via direct award
Contract renewal windowMedium risk
4 in 24mo4 contracts due for renewal in next 24 months
New buyer acquisitionLow risk
2 in 24mo2 new buying relationships in last 24 months
Buyer breakdown19 buyers
Total buyers19
Top 5 concentration83%
Returning buyers17
New buyers (24 mo)2
Top buyers by contract value
Sector breakdown1 sectors
100%
OtherOther
Other
StableContract value£148m
Contracts52
Buyers19
Contract patterns
Avg contract value£3m
Avg duration3yr 10mo
Renewal rate63%
Total contracts52
Awards by year
52019£54m
52020£5m
42021£25m
42023£44m
42025£15m