coeo limited
coeo limited Company Information
Group Structure
View All
Industry
Business and domestic software development
Registered Address
now building, thames valley park drive, reading, berkshire, RG6 1RB
Website
www.coeo.comcoeo limited Estimated Valuation
Pomanda estimates the enterprise value of COEO LIMITED at £9.4m based on a Turnover of £12.6m and 0.75x industry multiple (adjusted for size and gross margin).
coeo limited Estimated Valuation
Pomanda estimates the enterprise value of COEO LIMITED at £166.4k based on an EBITDA of £37.1k and a 4.48x industry multiple (adjusted for size and gross margin).
coeo limited Estimated Valuation
Pomanda estimates the enterprise value of COEO LIMITED at £4.4m based on Net Assets of £1.9m and 2.37x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Coeo Limited Overview
Coeo Limited is a live company located in reading, RG6 1RB with a Companies House number of 05901228. It operates in the business and domestic software development sector, SIC Code 62012. Founded in August 2006, it's largest shareholder is coibo limited with a 100% stake. Coeo Limited is a established, mid sized company, Pomanda has estimated its turnover at £12.6m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Coeo Limited Health Check
Pomanda's financial health check has awarded Coeo Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
4 Weak
Size
annual sales of £12.6m, make it larger than the average company (£3.5m)
£12.6m - Coeo Limited
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 58%, show it is growing at a faster rate (8.6%)
- Coeo Limited
8.6% - Industry AVG
Production
with a gross margin of 21.1%, this company has a higher cost of product (72.3%)
21.1% - Coeo Limited
72.3% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (3.7%)
-0.9% - Coeo Limited
3.7% - Industry AVG
Employees
with 80 employees, this is above the industry average (31)
80 - Coeo Limited
31 - Industry AVG
Pay Structure
on an average salary of £97.7k, the company has a higher pay structure (£66.8k)
£97.7k - Coeo Limited
£66.8k - Industry AVG
Efficiency
resulting in sales per employee of £157.3k, this is more efficient (£113.5k)
£157.3k - Coeo Limited
£113.5k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is earlier than average (61 days)
28 days - Coeo Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (44 days)
18 days - Coeo Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Coeo Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 47 weeks, this is more cash available to meet short term requirements (19 weeks)
47 weeks - Coeo Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62.2%, this is a similar level of debt than the average (61.1%)
62.2% - Coeo Limited
61.1% - Industry AVG
COEO LIMITED financials
Coeo Limited's latest turnover from August 2023 is £12.6 million and the company has net assets of £1.9 million. According to their latest financial statements, Coeo Limited has 80 employees and maintains cash reserves of £2.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 12,583,304 | 11,246,777 | |||||||||||||
| Other Income Or Grants | 0 | 0 | |||||||||||||
| Cost Of Sales | 9,928,863 | 8,599,558 | |||||||||||||
| Gross Profit | 2,654,441 | 2,647,219 | |||||||||||||
| Admin Expenses | 2,773,509 | 1,766,058 | |||||||||||||
| Operating Profit | -119,068 | 881,161 | |||||||||||||
| Interest Payable | 0 | 0 | |||||||||||||
| Interest Receivable | 29,587 | 4,012 | |||||||||||||
| Pre-Tax Profit | -89,481 | 885,173 | |||||||||||||
| Tax | 0 | -13,447 | |||||||||||||
| Profit After Tax | -89,481 | 871,726 | |||||||||||||
| Dividends Paid | 200,034 | 1,215,804 | |||||||||||||
| Retained Profit | -289,515 | -344,078 | |||||||||||||
| Employee Costs | 7,813,339 | 6,121,804 | |||||||||||||
| Number Of Employees | 80 | 67 | 47 | 44 | 42 | 39 | 40 | 28 | |||||||
| EBITDA* | 37,129 | 954,710 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 382,287 | 416,171 | 73,257 | 46,736 | 85,191 | 102,961 | 109,600 | 57,907 | 82,674 | 29,057 | 17,421 | 5,400 | 3,510 | 5,638 | 7,475 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 382,287 | 416,171 | 73,257 | 46,736 | 85,191 | 102,961 | 109,600 | 57,907 | 82,674 | 29,057 | 17,421 | 5,400 | 3,510 | 5,638 | 7,475 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 973,951 | 1,751,001 | 1,136,970 | 505,280 | 586,972 | 592,933 | 712,746 | 391,717 | 448,366 | 375,872 | 264,151 | 122,329 | 92,333 | 110,312 | 42,226 |
| Group Debtors | 47,408 | 2,425 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 698,639 | 495,871 | 349,984 | 400,182 | 290,239 | 326,312 | 321,434 | 221,812 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 2,802,384 | 2,072,572 | 3,264,199 | 2,116,833 | 1,285,984 | 1,402,665 | 674,614 | 728,240 | 403,641 | 624,166 | 360,032 | 174,642 | 121,305 | 104,084 | 45,783 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,522,382 | 4,321,869 | 4,751,153 | 3,022,295 | 2,163,195 | 2,321,910 | 1,708,794 | 1,341,769 | 852,007 | 1,000,038 | 624,183 | 296,971 | 213,638 | 214,396 | 88,009 |
| total assets | 4,904,669 | 4,738,040 | 4,824,410 | 3,069,031 | 2,248,386 | 2,424,871 | 1,818,394 | 1,399,676 | 934,681 | 1,029,095 | 641,604 | 302,371 | 217,148 | 220,034 | 95,484 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 504,992 | 583,886 | 496,320 | 183,468 | 68,766 | 140,121 | 99,073 | 76,508 | 516,484 | 525,641 | 346,897 | 180,013 | 0 | 0 | 46,125 |
| Group/Directors Accounts | 0 | 0 | 17,139 | 22,149 | 22,060 | 0 | 0 | 0 | 0 | 0 | 0 | 10,025 | 10,025 | 10,054 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,545,871 | 2,010,833 | 1,823,552 | 1,177,030 | 1,102,267 | 843,703 | 776,111 | 587,967 | 0 | 0 | 0 | 0 | 112,828 | 129,368 | 0 |
| total current liabilities | 3,050,863 | 2,594,719 | 2,337,011 | 1,382,647 | 1,193,093 | 983,824 | 875,184 | 664,475 | 516,484 | 525,641 | 346,897 | 190,038 | 122,853 | 139,422 | 46,125 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 7,537 | 12,598 | 2,544 | 3,164 | 7,746 | 6,648 | 2,224 | 2,134 | 1,166 | 1,166 | 1,166 | 1,166 |
| total long term liabilities | 0 | 0 | 0 | 7,537 | 12,598 | 2,544 | 3,164 | 7,746 | 6,648 | 2,224 | 2,134 | 1,166 | 1,166 | 1,166 | 1,166 |
| total liabilities | 3,050,863 | 2,594,719 | 2,337,011 | 1,390,184 | 1,205,691 | 986,368 | 878,348 | 672,221 | 523,132 | 527,865 | 349,031 | 191,204 | 124,019 | 140,588 | 47,291 |
| net assets | 1,853,806 | 2,143,321 | 2,487,399 | 1,678,847 | 1,042,695 | 1,438,503 | 940,046 | 727,455 | 411,549 | 501,230 | 292,573 | 111,167 | 93,129 | 79,446 | 48,193 |
| total shareholders funds | 1,853,806 | 2,143,321 | 2,487,399 | 1,678,847 | 1,042,695 | 1,438,503 | 940,046 | 727,455 | 411,549 | 501,230 | 292,573 | 111,167 | 93,129 | 79,446 | 48,193 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -119,068 | 881,161 | |||||||||||||
| Depreciation | 156,197 | 73,549 | 46,121 | 46,336 | 57,083 | 61,678 | 59,006 | 49,436 | 53,169 | 24,367 | 9,075 | 4,115 | 7,526 | 13,112 | 8,865 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | -13,447 | |||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -529,299 | 762,343 | 581,492 | 28,251 | -42,034 | -114,935 | 420,651 | 165,163 | 72,494 | 111,721 | 141,822 | 29,996 | -17,979 | 68,086 | 42,226 |
| Creditors | -78,894 | 87,566 | 312,852 | 114,702 | -71,355 | 41,048 | 22,565 | -439,976 | -9,157 | 178,744 | 166,884 | 180,013 | 0 | -46,125 | 46,125 |
| Accruals and Deferred Income | 535,038 | 187,281 | 646,522 | 74,763 | 258,564 | 67,592 | 188,144 | 587,967 | 0 | 0 | 0 | -112,828 | -16,540 | 129,368 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | -7,537 | -5,061 | 10,054 | -620 | -4,582 | 1,098 | 4,424 | 90 | 968 | 0 | 0 | 0 | 1,166 |
| Cash flow from operations | 1,022,572 | 453,767 | |||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | |||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -17,139 | -5,010 | 89 | 22,060 | 0 | 0 | 0 | 0 | 0 | -10,025 | 0 | -29 | 10,054 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 29,587 | 4,012 | |||||||||||||
| cash flow from financing | 29,587 | -13,127 | |||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 729,812 | -1,191,627 | 1,147,366 | 830,849 | -116,681 | 728,051 | -53,626 | 324,599 | -220,525 | 264,134 | 185,390 | 53,337 | 17,221 | 58,301 | 45,783 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 729,812 | -1,191,627 | 1,147,366 | 830,849 | -116,681 | 728,051 | -53,626 | 324,599 | -220,525 | 264,134 | 185,390 | 53,337 | 17,221 | 58,301 | 45,783 |
coeo limited Credit Report and Business Information
Coeo Limited Competitor Analysis
Perform a competitor analysis for coeo limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in RG6 area or any other competitors across 12 key performance metrics.
coeo limited Ownership
COEO LIMITED group structure
Coeo Limited has no subsidiary companies.
Ultimate parent company
COEO LIMITED
05901228
coeo limited directors
Coeo Limited currently has 1 director, Mr Justin Langford serving since Feb 2008.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Justin Langford | England | 44 years | Feb 2008 | - | Director |
P&L
August 2023turnover
12.6m
+12%
operating profit
-119.1k
-114%
gross margin
21.1%
-10.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
1.9m
-0.14%
total assets
4.9m
+0.04%
cash
2.8m
+0.35%
net assets
Total assets minus all liabilities
Similar Companies
coeo limited company details
company number
05901228
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
August 2006
age
19
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
CLA EVELYN PARTNERS LIMITED
address
now building, thames valley park drive, reading, berkshire, RG6 1RB
Bank
-
Legal Advisor
-
coeo limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 2 charges/mortgages relating to coeo limited. Currently there are 1 open charges and 1 have been satisfied in the past.
coeo limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for COEO LIMITED. This can take several minutes, an email will notify you when this has completed.
coeo limited Companies House Filings - See Documents
| date | description | view/download |
|---|
