coruscate digital limited

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coruscate digital limited Company Information

Share CORUSCATE DIGITAL LIMITED

Company Number

07617175

Shareholders

sara kelly

mahesh ramachandra

Group Structure

View All

Industry

Other information technology and computer service activities

 

Registered Address

16 repton court, the avenue, beckenham, kent, BR3 5EN

coruscate digital limited Estimated Valuation

£11.5k

Pomanda estimates the enterprise value of CORUSCATE DIGITAL LIMITED at £11.5k based on a Turnover of £22k and 0.52x industry multiple (adjusted for size and gross margin).

coruscate digital limited Estimated Valuation

£0

Pomanda estimates the enterprise value of CORUSCATE DIGITAL LIMITED at £0 based on an EBITDA of £0 and a 3.57x industry multiple (adjusted for size and gross margin).

coruscate digital limited Estimated Valuation

£0

Pomanda estimates the enterprise value of CORUSCATE DIGITAL LIMITED at £0 based on Net Assets of £-9.2k and 2.25x industry multiple (adjusted for liquidity).

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Coruscate Digital Limited Overview

Coruscate Digital Limited is a live company located in beckenham, BR3 5EN with a Companies House number of 07617175. It operates in the other information technology service activities sector, SIC Code 62090. Founded in April 2011, it's largest shareholder is sara kelly with a 50% stake. Coruscate Digital Limited is a established, micro sized company, Pomanda has estimated its turnover at £22k with healthy growth in recent years.

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Coruscate Digital Limited Health Check

Pomanda's financial health check has awarded Coruscate Digital Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £22k, make it smaller than the average company (£7.4m)

£22k - Coruscate Digital Limited

£7.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (9.1%)

4% - Coruscate Digital Limited

9.1% - Industry AVG

production

Production

with a gross margin of 25.6%, this company has a higher cost of product (50.1%)

25.6% - Coruscate Digital Limited

50.1% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Coruscate Digital Limited

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (43)

1 - Coruscate Digital Limited

43 - Industry AVG

paystructure

Pay Structure

on an average salary of £72.6k, the company has an equivalent pay structure (£72.6k)

£72.6k - Coruscate Digital Limited

£72.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £22k, this is less efficient (£178.2k)

£22k - Coruscate Digital Limited

£178.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Coruscate Digital Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 205 days, this is slower than average (34 days)

205 days - Coruscate Digital Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Coruscate Digital Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Coruscate Digital Limited

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Coruscate Digital Limited

- - Industry AVG

CORUSCATE DIGITAL LIMITED financials

EXPORTms excel logo

Coruscate Digital Limited's latest turnover from April 2024 is estimated at £22 thousand and the company has net assets of -£9.2 thousand. According to their latest financial statements, we estimate that Coruscate Digital Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012
Turnover22,01620,18519,69319,43519,49720,45718,54119,82017,45017,07417,44418,59834,411
Other Income Or Grants
Cost Of Sales16,39215,04414,62814,75214,82415,43613,71714,40412,46512,02912,27812,88223,813
Gross Profit5,6255,1425,0644,6834,6735,0204,8245,4164,9855,0455,1665,71610,599
Admin Expenses5,6255,1425,0644,6834,6735,0204,8245,2934,9858,9599,3639,7836,965
Operating Profit123-3,914-4,197-4,0673,634
Interest Payable
Interest Receivable74437
Pre-Tax Profit123-3,914-4,190-4,0233,671
Tax-23-881
Profit After Tax100-3,914-4,190-4,0232,790
Dividends Paid
Retained Profit100-3,914-4,190-4,0232,790
Employee Costs72,57670,25465,97663,03059,39959,87657,40755,69053,44654,63553,52950,50151,182
Number Of Employees1111111111111
EBITDA*123-201-2,373-2,3085,393

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012
Tangible Assets3,7135,5377,296
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets3,7135,5377,296
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
Cash1632,78014,782
misc current assets
total current assets1632,78014,782
total assets3,8768,31722,078
Bank overdraft
Bank loan
Trade Creditors 9,2379,2379,2379,2379,2379,2379,2379,2379,2379,2379,1999,45019,188
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities9,2379,2379,2379,2379,2379,2379,2379,2379,2379,2379,1999,45019,188
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities9,2379,2379,2379,2379,2379,2379,2379,2379,2379,2379,1999,45019,188
net assets-9,237-9,237-9,237-9,237-9,237-9,237-9,237-9,237-9,237-9,237-5,323-1,1332,890
total shareholders funds-9,237-9,237-9,237-9,237-9,237-9,237-9,237-9,237-9,237-9,237-5,323-1,1332,890
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012
Operating Activities
Operating Profit123-3,914-4,197-4,0673,634
Depreciation3,7131,8241,7591,759
Amortisation
Tax-23-881
Stock
Debtors
Creditors38-251-9,73819,188
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations100-163-2,624-12,04623,700
Investing Activities
capital expenditure-9,055
Change in Investments
cash flow from investments-9,055
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-100100
interest74437
cash flow from financing-100744137
cash and cash equivalents
cash-163-2,617-12,00214,782
overdraft
change in cash-163-2,617-12,00214,782

coruscate digital limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Coruscate Digital Limited Competitor Analysis

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Perform a competitor analysis for coruscate digital limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in BR3 area or any other competitors across 12 key performance metrics.

coruscate digital limited Ownership

CORUSCATE DIGITAL LIMITED group structure

Coruscate Digital Limited has no subsidiary companies.

Ultimate parent company

CORUSCATE DIGITAL LIMITED

07617175

CORUSCATE DIGITAL LIMITED Shareholders

sara kelly 50%
mahesh ramachandra 50%

coruscate digital limited directors

Coruscate Digital Limited currently has 1 director, Mr Mahesh Ramachandra serving since Apr 2011.

officercountryagestartendrole
Mr Mahesh RamachandraEngland54 years Apr 2011- Director

P&L

April 2024

turnover

22k

+9%

operating profit

0

0%

gross margin

25.6%

+0.3%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2024

net assets

-9.2k

0%

total assets

0

0%

cash

0

0%

net assets

Total assets minus all liabilities

coruscate digital limited company details

company number

07617175

Type

Private limited with Share Capital

industry

62090 - Other information technology and computer service activities

incorporation date

April 2011

age

14

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

-

address

16 repton court, the avenue, beckenham, kent, BR3 5EN

Bank

-

Legal Advisor

-

coruscate digital 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 did not find charges/mortgages relating to coruscate digital limited.

coruscate digital 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.

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coruscate digital limited Companies House Filings - See Documents

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