coconut platform ltd
coconut platform ltd Company Information
Company Number
09904418
Website
www.getcoconut.comRegistered Address
5 cromwell court, oldham, OL1 1ET
Industry
Other information technology and computer service activities
Telephone
08081699928
Next Accounts Due
July 2025
Group Structure
View All
Shareholders
pennine ventures limited 83.5%
samuel james o'connor 2.9%
View Allcoconut platform ltd Estimated Valuation
Pomanda estimates the enterprise value of COCONUT PLATFORM LTD at £212.8k based on a Turnover of £301.4k and 0.71x industry multiple (adjusted for size and gross margin).
coconut platform ltd Estimated Valuation
Pomanda estimates the enterprise value of COCONUT PLATFORM LTD at £18.8k based on an EBITDA of £3.7k and a 5.07x industry multiple (adjusted for size and gross margin).
coconut platform ltd Estimated Valuation
Pomanda estimates the enterprise value of COCONUT PLATFORM LTD at £107.1k based on Net Assets of £47.4k and 2.26x industry multiple (adjusted for liquidity).
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Coconut Platform Ltd Overview
Coconut Platform Ltd is a live company located in oldham, OL1 1ET with a Companies House number of 09904418. It operates in the other information technology service activities sector, SIC Code 62090. Founded in December 2015, it's largest shareholder is pennine ventures limited with a 83.5% stake. Coconut Platform Ltd is a young, micro sized company, Pomanda has estimated its turnover at £301.4k with declining growth in recent years.
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Coconut Platform Ltd Health Check
Pomanda's financial health check has awarded Coconut Platform Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £301.4k, make it smaller than the average company (£6.5m)
- Coconut Platform Ltd
£6.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -49%, show it is growing at a slower rate (6.4%)
- Coconut Platform Ltd
6.4% - Industry AVG
Production
with a gross margin of 49.2%, this company has a comparable cost of product (49.2%)
- Coconut Platform Ltd
49.2% - Industry AVG
Profitability
an operating margin of 1.2% make it less profitable than the average company (3.2%)
- Coconut Platform Ltd
3.2% - Industry AVG
Employees
with 5 employees, this is below the industry average (43)
5 - Coconut Platform Ltd
43 - Industry AVG
Pay Structure
on an average salary of £69.4k, the company has an equivalent pay structure (£69.4k)
- Coconut Platform Ltd
£69.4k - Industry AVG
Efficiency
resulting in sales per employee of £60.3k, this is less efficient (£167.6k)
- Coconut Platform Ltd
£167.6k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (55 days)
- Coconut Platform Ltd
55 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (35 days)
- Coconut Platform Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Coconut Platform Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 230 weeks, this is more cash available to meet short term requirements (14 weeks)
230 weeks - Coconut Platform Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.8%, this is a lower level of debt than the average (62.8%)
50.8% - Coconut Platform Ltd
62.8% - Industry AVG
COCONUT PLATFORM LTD financials
Coconut Platform Ltd's latest turnover from October 2023 is estimated at £301.4 thousand and the company has net assets of £47.4 thousand. According to their latest financial statements, Coconut Platform Ltd has 5 employees and maintains cash reserves of £72.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Nov 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 5 | 18 | 18 | 20 | 17 | 9 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Nov 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 2,233 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 2,233 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,074 | 6,236 | 2,193 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 4,093 | 30,784 | 44,138 | 64,948 | 55,093 | 52,740 | 19,030 | 5,089 |
| Cash | 72,794 | 215,184 | 1,478,464 | 1,311,234 | 399,448 | 507,073 | 618,963 | 28,767 |
| misc current assets | 15,285 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 96,246 | 252,204 | 1,524,795 | 1,376,182 | 454,541 | 559,813 | 637,993 | 33,856 |
| total assets | 96,246 | 252,204 | 1,524,795 | 1,376,182 | 454,541 | 559,813 | 640,226 | 33,856 |
| Bank overdraft | 0 | 0 | 10,000 | 50,000 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 9,216 | 106,801 | 141,449 | 147,855 | 194,176 | 124,535 | 26,610 | 5,187 |
| Group/Directors Accounts | 0 | 0 | 0 | 9,120 | 0 | 398 | 1,321 | 2,444 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 7,197 | 138,918 | 67,002 | 131,853 | 0 | 27,721 | 11,716 | 8,617 |
| total current liabilities | 16,413 | 245,719 | 218,451 | 338,828 | 194,176 | 152,654 | 39,647 | 16,248 |
| loans | 32,151 | 30,906 | 34,403 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 290 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 32,441 | 30,906 | 34,403 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 48,854 | 276,625 | 252,854 | 338,828 | 194,176 | 152,654 | 39,647 | 16,248 |
| net assets | 47,392 | -24,421 | 1,271,941 | 1,037,354 | 260,365 | 407,159 | 600,579 | 17,608 |
| total shareholders funds | 47,392 | -24,421 | 1,271,941 | 1,037,354 | 260,365 | 407,159 | 600,579 | 17,608 |
| Oct 2023 | Nov 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 2,233 | 1,116 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -28,853 | -9,311 | -18,617 | 9,855 | 2,353 | 33,710 | 13,941 | 5,089 |
| Creditors | -97,585 | -34,648 | -6,406 | -46,321 | 69,641 | 97,925 | 21,423 | 5,187 |
| Accruals and Deferred Income | -131,721 | 71,916 | -64,851 | 131,853 | -27,721 | 16,005 | 3,099 | 8,617 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -9,120 | 9,120 | -398 | -923 | -1,123 | 2,444 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 1,245 | -3,497 | 34,403 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 290 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -142,390 | -1,263,280 | 167,230 | 911,786 | -107,625 | -111,890 | 590,196 | 28,767 |
| overdraft | 0 | -10,000 | -40,000 | 50,000 | 0 | 0 | 0 | 0 |
| change in cash | -142,390 | -1,253,280 | 207,230 | 861,786 | -107,625 | -111,890 | 590,196 | 28,767 |
coconut platform ltd Credit Report and Business Information
Coconut Platform Ltd Competitor Analysis
Perform a competitor analysis for coconut platform ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in OL1 area or any other competitors across 12 key performance metrics.
coconut platform ltd Ownership
COCONUT PLATFORM LTD group structure
Coconut Platform Ltd has no subsidiary companies.
coconut platform ltd directors
Coconut Platform Ltd currently has 4 directors. The longest serving directors include Ms Amanda Swales (Jun 2023) and Mr James Cryne (Jun 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Amanda Swales | United Kingdom | 56 years | Jun 2023 | - | Director |
| Mr James Cryne | United Kingdom | 50 years | Jun 2023 | - | Director |
| Mr Michael Parkes | United Kingdom | 54 years | Jun 2023 | - | Director |
| Mr Anthony Boggiano | England | 59 years | Jun 2023 | - | Director |
P&L
October 2023turnover
301.4k
-71%
operating profit
3.7k
0%
gross margin
49.2%
-5.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
47.4k
-2.94%
total assets
96.2k
-0.62%
cash
72.8k
-0.66%
net assets
Total assets minus all liabilities
coconut platform ltd company details
company number
09904418
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
December 2015
age
9
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
monizo ltd (August 2018)
last accounts submitted
October 2023
address
5 cromwell court, oldham, OL1 1ET
accountant
-
auditor
-
coconut platform 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 2 charges/mortgages relating to coconut platform ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
coconut platform ltd Companies House Filings - See Documents
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