cofan ltd
cofan ltd Company Information
Company Number
06476315
Next Accounts
Dec 2025
Directors
Shareholders
jocelyn ridley
gustavo braun
Group Structure
View All
Industry
Public houses and bars
Registered Address
the compasses littley green, chelmsford, CM3 1BU
Website
cofan-usa.comcofan ltd Estimated Valuation
Pomanda estimates the enterprise value of COFAN LTD at £1.2m based on a Turnover of £1.9m and 0.61x industry multiple (adjusted for size and gross margin).
cofan ltd Estimated Valuation
Pomanda estimates the enterprise value of COFAN LTD at £755.3k based on an EBITDA of £175.3k and a 4.31x industry multiple (adjusted for size and gross margin).
cofan ltd Estimated Valuation
Pomanda estimates the enterprise value of COFAN LTD at £2.6m based on Net Assets of £1.4m and 1.93x industry multiple (adjusted for liquidity).
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Cofan Ltd Overview
Cofan Ltd is a live company located in chelmsford, CM3 1BU with a Companies House number of 06476315. It operates in the public houses and bars sector, SIC Code 56302. Founded in January 2008, it's largest shareholder is jocelyn ridley with a 99.8% stake. Cofan Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.9m with rapid growth in recent years.
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Cofan Ltd Health Check
Pomanda's financial health check has awarded Cofan Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
2 Weak
Size
annual sales of £1.9m, make it larger than the average company (£539.8k)
- Cofan Ltd
£539.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (19%)
- Cofan Ltd
19% - Industry AVG
Production
with a gross margin of 57.3%, this company has a comparable cost of product (57.3%)
- Cofan Ltd
57.3% - Industry AVG
Profitability
an operating margin of 7.5% make it more profitable than the average company (5.2%)
- Cofan Ltd
5.2% - Industry AVG
Employees
with 51 employees, this is above the industry average (13)
51 - Cofan Ltd
13 - Industry AVG
Pay Structure
on an average salary of £15.8k, the company has an equivalent pay structure (£15.8k)
- Cofan Ltd
£15.8k - Industry AVG
Efficiency
resulting in sales per employee of £37.7k, this is less efficient (£51.7k)
- Cofan Ltd
£51.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Cofan Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (43 days)
- Cofan Ltd
43 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (16 days)
- Cofan Ltd
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 68 weeks, this is more cash available to meet short term requirements (14 weeks)
68 weeks - Cofan Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 18.9%, this is a lower level of debt than the average (76.6%)
18.9% - Cofan Ltd
76.6% - Industry AVG
COFAN LTD financials
Cofan Ltd's latest turnover from March 2024 is estimated at £1.9 million and the company has net assets of £1.4 million. According to their latest financial statements, Cofan Ltd has 51 employees and maintains cash reserves of £304.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 51 | 41 | 39 | 25 | 29 | 25 | 25 | 34 | 34 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,352,969 | 1,374,583 | 1,131,191 | 1,161,498 | 919,637 | 837,475 | 861,111 | 809,859 | 819,359 | 833,952 | 845,138 | 847,871 | 832,220 | 482,963 | 470,787 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1,352,969 | 1,374,583 | 1,131,191 | 1,161,498 | 919,637 | 837,475 | 861,111 | 809,859 | 819,359 | 833,952 | 845,138 | 847,871 | 832,220 | 482,963 | 470,787 |
| Stock & work in progress | 8,720 | 5,518 | 4,522 | 1,446 | 4,807 | 6,502 | 5,071 | 4,293 | 3,946 | 4,477 | 5,221 | 4,812 | 4,614 | 4,834 | |
| Trade Debtors | 745 | 56,201 | 14,249 | 15,758 | 15,754 | 67 | 931 | ||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 525 | 13,790 | 369 | 8,276 | 1,853 | 7,465 | 1,735 | ||||||||
| Cash | 304,829 | 164,419 | 278,228 | 41,367 | 159,217 | 214,573 | 109,532 | 40,727 | 49,908 | 74,846 | 132,303 | 76,705 | 178,520 | 175,764 | |
| misc current assets | 2,180 | 2,623 | |||||||||||||
| total current assets | 313,549 | 170,462 | 283,495 | 58,783 | 164,393 | 229,351 | 116,456 | 52,485 | 55,589 | 58,824 | 93,572 | 153,282 | 97,271 | 183,201 | 181,529 |
| total assets | 1,666,518 | 1,545,045 | 1,414,686 | 1,220,281 | 1,084,030 | 1,066,826 | 977,567 | 862,344 | 874,948 | 892,776 | 938,710 | 1,001,153 | 929,491 | 666,164 | 652,316 |
| Bank overdraft | 40,000 | 40,000 | 40,000 | 23,333 | |||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 48,607 | 39,237 | 33,349 | 63,820 | 26,498 | 24,760 | 31,613 | 23,426 | 98,084 | 717,893 | 827,344 | 793,153 | 591,728 | 26,854 | |
| Group/Directors Accounts | 81 | 38 | 559,228 | ||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 36,804 | 5,418 | 5,090 | 4,761 | |||||||||||
| other current liabilities | 141,058 | 95,895 | 86,806 | 19,137 | 41,730 | 88,143 | 57,439 | 59,747 | 62,899 | ||||||
| total current liabilities | 229,746 | 175,170 | 160,155 | 79,274 | 110,968 | 119,731 | 86,960 | 91,360 | 86,325 | 98,084 | 717,893 | 827,344 | 793,153 | 591,728 | 586,082 |
| loans | 76,667 | 116,696 | 156,667 | 218,232 | 31,154 | 79,951 | 153,426 | 211,094 | 337,218 | ||||||
| hp & lease commitments | 36,804 | 42,222 | 47,311 | ||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 447,675 | ||||||||||||||
| provisions | 8,532 | 7,158 | 8,688 | 10,969 | 223 | 379 | 17,030 | 6,207 | 6,587 | 7,926 | 10,547 | 9,823 | 10,608 | 2,763 | 3,557 |
| total long term liabilities | 85,199 | 123,854 | 165,355 | 229,201 | 68,181 | 122,552 | 217,767 | 217,301 | 343,805 | 455,601 | 10,547 | 9,823 | 10,608 | 2,763 | 3,557 |
| total liabilities | 314,945 | 299,024 | 325,510 | 308,475 | 179,149 | 242,283 | 304,727 | 308,661 | 430,130 | 553,685 | 728,440 | 837,167 | 803,761 | 594,491 | 589,639 |
| net assets | 1,351,573 | 1,246,021 | 1,089,176 | 911,806 | 904,881 | 824,543 | 672,840 | 553,683 | 444,818 | 339,091 | 210,270 | 163,986 | 125,730 | 71,673 | 62,677 |
| total shareholders funds | 1,351,573 | 1,246,021 | 1,089,176 | 911,806 | 904,881 | 824,543 | 672,840 | 553,683 | 444,818 | 339,091 | 210,270 | 163,986 | 125,730 | 71,673 | 62,677 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 31,498 | 35,052 | 36,099 | 40,377 | 24,843 | 28,471 | 24,535 | 15,446 | 15,895 | 18,774 | 17,398 | 9,148 | 9,536 | 11,366 | |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | 3,202 | 996 | 3,076 | -3,361 | -1,695 | 1,431 | 778 | 347 | 3,946 | -4,477 | -744 | 409 | 198 | -220 | 4,834 |
| Debtors | -525 | -220 | -13,045 | 13,421 | -7,907 | 6,423 | -5,612 | 5,730 | -54,466 | 41,952 | -1,509 | 4 | 15,687 | -864 | 931 |
| Creditors | 9,370 | 5,888 | 33,349 | -63,820 | 37,322 | 1,738 | -6,853 | 8,187 | -74,658 | -619,809 | -109,451 | 34,191 | 201,425 | 564,874 | 26,854 |
| Accruals and Deferred Income | 45,163 | 9,089 | 67,669 | -22,593 | -46,413 | 30,704 | -2,308 | -3,152 | 62,899 | ||||||
| Deferred Taxes & Provisions | 1,374 | -1,530 | -2,281 | 10,746 | -156 | -16,651 | 10,823 | -380 | -1,339 | -2,621 | 724 | -785 | 7,845 | -794 | 3,557 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 43 | 38 | -559,228 | 559,228 | |||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -40,029 | -39,971 | -61,565 | 187,078 | -48,797 | -73,475 | -57,668 | -126,124 | 337,218 | ||||||
| Hire Purchase and Lease Commitments | -36,804 | -5,418 | -5,090 | -4,760 | 52,072 | ||||||||||
| other long term liabilities | -447,675 | 447,675 | |||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 140,410 | -113,809 | 236,861 | -117,850 | -55,356 | 105,041 | 68,805 | -9,181 | 49,908 | -74,846 | -57,457 | 55,598 | -101,815 | 2,756 | 175,764 |
| overdraft | 16,667 | 23,333 | |||||||||||||
| change in cash | 140,410 | -113,809 | 220,194 | -141,183 | -55,356 | 105,041 | 68,805 | -9,181 | 49,908 | -74,846 | -57,457 | 55,598 | -101,815 | 2,756 | 175,764 |
cofan ltd Credit Report and Business Information
Cofan Ltd Competitor Analysis
Perform a competitor analysis for cofan ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in CM3 area or any other competitors across 12 key performance metrics.
cofan ltd Ownership
COFAN LTD group structure
Cofan Ltd has no subsidiary companies.
Ultimate parent company
COFAN LTD
06476315
cofan ltd directors
Cofan Ltd currently has 1 director, Ms Jocelyn Ridley serving since Jan 2008.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Jocelyn Ridley | 48 years | Jan 2008 | - | Director |
P&L
March 2024turnover
1.9m
+35%
operating profit
143.8k
0%
gross margin
57.4%
-3.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.4m
+0.08%
total assets
1.7m
+0.08%
cash
304.8k
+0.85%
net assets
Total assets minus all liabilities
cofan ltd company details
company number
06476315
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
January 2008
age
17
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
the compasses littley green, chelmsford, CM3 1BU
Bank
-
Legal Advisor
-
cofan ltd 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 1 charges/mortgages relating to cofan ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
cofan ltd 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 COFAN LTD. This can take several minutes, an email will notify you when this has completed.
cofan ltd Companies House Filings - See Documents
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