co22 limited
co22 limited Company Information
Group Structure
View All
Industry
Business and domestic software development
Registered Address
90 front street east, bedlington, NE22 5AE
Website
myurl.co.ukco22 limited Estimated Valuation
Pomanda estimates the enterprise value of CO22 LIMITED at £70.4k based on a Turnover of £104.4k and 0.67x industry multiple (adjusted for size and gross margin).
co22 limited Estimated Valuation
Pomanda estimates the enterprise value of CO22 LIMITED at £25.4k based on an EBITDA of £6.1k and a 4.17x industry multiple (adjusted for size and gross margin).
co22 limited Estimated Valuation
Pomanda estimates the enterprise value of CO22 LIMITED at £58.6k based on Net Assets of £24.8k and 2.37x industry multiple (adjusted for liquidity).
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Co22 Limited Overview
Co22 Limited is a live company located in bedlington, NE22 5AE with a Companies House number of 08132937. It operates in the business and domestic software development sector, SIC Code 62012. Founded in July 2012, it's largest shareholder is james millne with a 100% stake. Co22 Limited is a established, micro sized company, Pomanda has estimated its turnover at £104.4k with rapid growth in recent years.
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Co22 Limited Health Check
Pomanda's financial health check has awarded Co22 Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £104.4k, make it smaller than the average company (£4.2m)
- Co22 Limited
£4.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (11.7%)
- Co22 Limited
11.7% - Industry AVG
Production
with a gross margin of 41.3%, this company has a higher cost of product (72.7%)
- Co22 Limited
72.7% - Industry AVG
Profitability
an operating margin of 5.8% make it more profitable than the average company (3.9%)
- Co22 Limited
3.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (35)
2 - Co22 Limited
35 - Industry AVG
Pay Structure
on an average salary of £69.8k, the company has an equivalent pay structure (£69.8k)
- Co22 Limited
£69.8k - Industry AVG
Efficiency
resulting in sales per employee of £52.2k, this is less efficient (£126.6k)
- Co22 Limited
£126.6k - Industry AVG
Debtor Days
it gets paid by customers after 78 days, this is later than average (58 days)
- Co22 Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 67 days, this is slower than average (39 days)
- Co22 Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Co22 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Co22 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.5%, this is a lower level of debt than the average (58.8%)
31.5% - Co22 Limited
58.8% - Industry AVG
CO22 LIMITED financials
Co22 Limited's latest turnover from July 2024 is estimated at £104.4 thousand and the company has net assets of £24.8 thousand. According to their latest financial statements, Co22 Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 1 | 1 | 1 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 13,494 | 20,349 | 27,114 | 290 | 395 | 830 | 2,192 | 2,954 | 5,434 | 3,728 | 5,546 | 1,518 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 13,494 | 20,349 | 27,114 | 290 | 395 | 830 | 2,192 | 2,954 | 5,434 | 3,728 | 5,546 | 1,518 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 22,349 | 27,980 | 10,763 | 8,341 | 4,771 | 6,025 | 4,339 | 4,622 | 36 | 299 | 1,941 | 99 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 304 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,350 | 9,361 | 3,311 | 5,904 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 22,653 | 27,980 | 10,763 | 8,341 | 4,771 | 6,025 | 4,339 | 4,622 | 1,386 | 9,660 | 5,252 | 6,003 |
| total assets | 36,147 | 48,329 | 37,877 | 8,631 | 5,166 | 6,855 | 6,531 | 7,576 | 6,820 | 13,388 | 10,798 | 7,521 |
| Bank overdraft | 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 |
| Trade Creditors | 11,388 | 28,139 | 21,711 | 6,877 | 5,151 | 6,852 | 6,304 | 7,066 | 4,572 | 5,221 | 4,498 | 7,138 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 30 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 11,388 | 28,139 | 21,711 | 6,877 | 5,151 | 6,852 | 6,334 | 7,066 | 4,572 | 5,221 | 4,498 | 7,138 |
| loans | 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 |
| Accruals and Deferred Income | 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 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 11,388 | 28,139 | 21,711 | 6,877 | 5,151 | 6,852 | 6,334 | 7,066 | 4,572 | 5,221 | 4,498 | 7,138 |
| net assets | 24,759 | 20,190 | 16,166 | 1,754 | 15 | 3 | 197 | 510 | 2,248 | 8,167 | 6,300 | 383 |
| total shareholders funds | 24,759 | 20,190 | 16,166 | 1,754 | 15 | 3 | 197 | 510 | 2,248 | 8,167 | 6,300 | 383 |
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 2,744 | 1,817 | 1,273 | 451 | ||||||||
| Amortisation | 0 | 0 | 0 | 0 | ||||||||
| Tax | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -5,327 | 17,217 | 2,422 | 3,570 | -1,254 | 1,686 | -283 | 4,586 | -263 | -1,642 | 1,842 | 99 |
| Creditors | -16,751 | 6,428 | 14,834 | 1,726 | -1,701 | 548 | -762 | 2,494 | -649 | 723 | -2,640 | 7,138 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -30 | 30 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,350 | -8,011 | 6,050 | -2,593 | 5,904 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,350 | -8,011 | 6,050 | -2,593 | 5,904 |
co22 limited Credit Report and Business Information
Co22 Limited Competitor Analysis
Perform a competitor analysis for co22 limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in NE22 area or any other competitors across 12 key performance metrics.
co22 limited Ownership
CO22 LIMITED group structure
Co22 Limited has no subsidiary companies.
Ultimate parent company
CO22 LIMITED
08132937
co22 limited directors
Co22 Limited currently has 1 director, Mr James Millne serving since Jul 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Millne | United Kingdom | 41 years | Jul 2012 | - | Director |
P&L
July 2024turnover
104.4k
0%
operating profit
6.1k
0%
gross margin
41.4%
-1.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2024net assets
24.8k
+0.23%
total assets
36.1k
-0.25%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
co22 limited company details
company number
08132937
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
July 2012
age
13
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2024
previous names
myurl.co.uk ltd (February 2022)
accountant
TENNICK ACCOUNTANTS
auditor
-
address
90 front street east, bedlington, NE22 5AE
Bank
-
Legal Advisor
-
co22 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 co22 limited.
co22 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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co22 limited Companies House Filings - See Documents
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