radio.co (uk) ltd
radio.co (uk) ltd Company Information
Company Number
09272479
Next Accounts
May 2025
Industry
Business and domestic software development
Directors
Shareholders
igniso limited
Group Structure
View All
Contact
Registered Address
suite 2b, basil chambers, 65 high street, manchester, greater manchester, M4 1FS
Website
https://www.radio.coradio.co (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of RADIO.CO (UK) LTD at £1.2m based on a Turnover of £1.9m and 0.64x industry multiple (adjusted for size and gross margin).
radio.co (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of RADIO.CO (UK) LTD at £0 based on an EBITDA of £-336.2k and a 4.27x industry multiple (adjusted for size and gross margin).
radio.co (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of RADIO.CO (UK) LTD at £1.1m based on Net Assets of £495k and 2.31x industry multiple (adjusted for liquidity).
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Radio.co (uk) Ltd Overview
Radio.co (uk) Ltd is a live company located in manchester, M4 1FS with a Companies House number of 09272479. It operates in the business and domestic software development sector, SIC Code 62012. Founded in October 2014, it's largest shareholder is igniso limited with a 100% stake. Radio.co (uk) Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.9m with healthy growth in recent years.
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Radio.co (uk) Ltd Health Check
Pomanda's financial health check has awarded Radio.Co (Uk) Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £1.9m, make it smaller than the average company (£3.5m)
- Radio.co (uk) Ltd
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (8.6%)
- Radio.co (uk) Ltd
8.6% - Industry AVG
Production
with a gross margin of 42.3%, this company has a higher cost of product (71.7%)
- Radio.co (uk) Ltd
71.7% - Industry AVG
Profitability
an operating margin of -23% make it less profitable than the average company (3.9%)
- Radio.co (uk) Ltd
3.9% - Industry AVG
Employees
with 29 employees, this is similar to the industry average (31)
29 - Radio.co (uk) Ltd
31 - Industry AVG
Pay Structure
on an average salary of £66.5k, the company has an equivalent pay structure (£66.5k)
- Radio.co (uk) Ltd
£66.5k - Industry AVG
Efficiency
resulting in sales per employee of £65.9k, this is less efficient (£113.5k)
- Radio.co (uk) Ltd
£113.5k - Industry AVG
Debtor Days
it gets paid by customers after 119 days, this is later than average (61 days)
- Radio.co (uk) Ltd
61 days - Industry AVG
Creditor Days
its suppliers are paid after 87 days, this is slower than average (43 days)
- Radio.co (uk) Ltd
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Radio.co (uk) Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 45 weeks, this is more cash available to meet short term requirements (19 weeks)
45 weeks - Radio.co (uk) Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55.8%, this is a similar level of debt than the average (60.3%)
55.8% - Radio.co (uk) Ltd
60.3% - Industry AVG
RADIO.CO (UK) LTD financials
Radio.Co (Uk) Ltd's latest turnover from August 2023 is estimated at £1.9 million and the company has net assets of £495 thousand. According to their latest financial statements, Radio.Co (Uk) Ltd has 29 employees and maintains cash reserves of £232.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 29 | 26 | 22 | 18 | 15 | 15 | 16 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 48,894 | 65,990 | 61,393 | 70,104 | 74,405 | 82,435 | 74,496 | 37,909 | 0 |
| Intangible Assets | 213,695 | 292,165 | 370,634 | 430,406 | 507,176 | 583,946 | 660,716 | 723,695 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 262,589 | 358,155 | 432,027 | 500,510 | 581,581 | 666,381 | 735,212 | 761,604 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 623,575 | 611,273 | 549,175 | 509,532 | 365,631 | 0 | 0 | 47,800 | 2,642 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 258,503 | 0 | 0 | 0 |
| Cash | 232,550 | 282,238 | 247,380 | 418,291 | 265,945 | 509,376 | 464,848 | 261,973 | 34,922 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 856,125 | 893,511 | 796,555 | 927,823 | 631,576 | 767,879 | 464,848 | 309,773 | 37,564 |
| total assets | 1,118,714 | 1,251,666 | 1,228,582 | 1,428,333 | 1,213,157 | 1,434,260 | 1,200,060 | 1,071,377 | 37,564 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 264,327 | 253,173 | 378,649 | 156,134 | 104,102 | 0 | 1 | 1 | 8,113 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 39,088 | 61,560 | 137,617 | 0 |
| total current liabilities | 264,327 | 253,173 | 378,649 | 156,134 | 104,102 | 39,088 | 61,561 | 137,618 | 8,113 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 295,500 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 359,423 | 76,656 | 184,137 | 440,614 | 262,687 | 295,500 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 359,423 | 76,656 | 184,137 | 440,614 | 262,687 | 295,500 | 295,500 | 0 | 0 |
| total liabilities | 623,750 | 329,829 | 562,786 | 596,748 | 366,789 | 334,588 | 357,061 | 137,618 | 8,113 |
| net assets | 494,964 | 921,837 | 665,796 | 831,585 | 846,368 | 1,099,672 | 842,999 | 933,759 | 29,451 |
| total shareholders funds | 494,964 | 921,837 | 665,796 | 831,585 | 846,368 | 1,099,672 | 842,999 | 933,759 | 29,451 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 25,749 | 29,955 | 32,373 | 31,515 | 27,637 | 21,940 | 15,912 | 5,365 | 0 |
| Amortisation | 78,470 | 78,469 | 76,770 | 76,770 | 76,770 | 76,770 | 75,516 | 31,465 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 12,302 | 62,098 | 39,643 | 143,901 | 107,128 | 258,503 | -47,800 | 45,158 | 2,642 |
| Creditors | 11,154 | -125,476 | 222,515 | 52,032 | 104,102 | -1 | 0 | -8,112 | 8,113 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -39,088 | -22,472 | -76,057 | 137,617 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | -295,500 | 295,500 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 282,767 | -107,481 | -256,477 | 177,927 | -32,813 | 295,500 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -49,688 | 34,858 | -170,911 | 152,346 | -243,431 | 44,528 | 202,875 | 227,051 | 34,922 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -49,688 | 34,858 | -170,911 | 152,346 | -243,431 | 44,528 | 202,875 | 227,051 | 34,922 |
radio.co (uk) ltd Credit Report and Business Information
Radio.co (uk) Ltd Competitor Analysis
Perform a competitor analysis for radio.co (uk) ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in M 4 area or any other competitors across 12 key performance metrics.
radio.co (uk) ltd Ownership
RADIO.CO (UK) LTD group structure
Radio.Co (Uk) Ltd has no subsidiary companies.
radio.co (uk) ltd directors
Radio.Co (Uk) Ltd currently has 1 director, Mr James Mulvany serving since Oct 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Mulvany | England | 37 years | Oct 2014 | - | Director |
P&L
August 2023turnover
1.9m
+12%
operating profit
-440.4k
0%
gross margin
42.3%
-3.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
495k
-0.46%
total assets
1.1m
-0.11%
cash
232.6k
-0.18%
net assets
Total assets minus all liabilities
Similar Companies
radio.co (uk) ltd company details
company number
09272479
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
October 2014
age
10
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
August 2023
previous names
N/A
accountant
ACCA
auditor
-
address
suite 2b, basil chambers, 65 high street, manchester, greater manchester, M4 1FS
Bank
-
Legal Advisor
-
radio.co (uk) 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 did not find charges/mortgages relating to radio.co (uk) ltd.
radio.co (uk) ltd Companies House Filings - See Documents
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