cofunction ltd
cofunction ltd Company Information
Company Number
10994426
Website
www.cofunction.co.ukRegistered Address
65 granton avenue, upminster, RM14 2RT
Industry
Management consultancy activities (other than financial management)
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
julian turner 100%
cofunction ltd Estimated Valuation
Pomanda estimates the enterprise value of COFUNCTION LTD at £21k based on a Turnover of £46.1k and 0.46x industry multiple (adjusted for size and gross margin).
cofunction ltd Estimated Valuation
Pomanda estimates the enterprise value of COFUNCTION LTD at £22.3k based on an EBITDA of £6.8k and a 3.26x industry multiple (adjusted for size and gross margin).
cofunction ltd Estimated Valuation
Pomanda estimates the enterprise value of COFUNCTION LTD at £54.5k based on Net Assets of £20.4k and 2.67x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Cofunction Ltd Overview
Cofunction Ltd is a live company located in upminster, RM14 2RT with a Companies House number of 10994426. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in October 2017, it's largest shareholder is julian turner with a 100% stake. Cofunction Ltd is a young, micro sized company, Pomanda has estimated its turnover at £46.1k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Cofunction Ltd Health Check
Pomanda's financial health check has awarded Cofunction Ltd a 3 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
1 Regular
6 Weak
Size
annual sales of £46.1k, make it smaller than the average company (£297.2k)
- Cofunction Ltd
£297.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (5.6%)
- Cofunction Ltd
5.6% - Industry AVG
Production
with a gross margin of 25.4%, this company has a higher cost of product (55.1%)
- Cofunction Ltd
55.1% - Industry AVG
Profitability
an operating margin of 14.8% make it more profitable than the average company (9.3%)
- Cofunction Ltd
9.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Cofunction Ltd
4 - Industry AVG
Pay Structure
on an average salary of £40.3k, the company has an equivalent pay structure (£40.3k)
- Cofunction Ltd
£40.3k - Industry AVG
Efficiency
resulting in sales per employee of £46.1k, this is less efficient (£106.4k)
- Cofunction Ltd
£106.4k - Industry AVG
Debtor Days
it gets paid by customers after 185 days, this is later than average (74 days)
- Cofunction Ltd
74 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is slower than average (28 days)
- Cofunction Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cofunction Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Cofunction Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16.9%, this is a lower level of debt than the average (54.8%)
16.9% - Cofunction Ltd
54.8% - Industry AVG
COFUNCTION LTD financials
Cofunction Ltd's latest turnover from March 2023 is estimated at £46.1 thousand and the company has net assets of £20.4 thousand. According to their latest financial statements, Cofunction Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 1,100 | 1,226 | 1,852 | 0 | 125 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,100 | 1,226 | 1,852 | 0 | 125 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 23,422 | 15,407 | 33,362 | 29,624 | 43,169 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 23,422 | 15,407 | 33,362 | 29,624 | 43,169 |
| total assets | 24,522 | 16,633 | 35,214 | 29,624 | 43,294 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,131 | 1,775 | 23,846 | 2,009 | 7,985 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 10,184 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 4,131 | 1,775 | 23,846 | 2,009 | 18,169 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 4,131 | 1,775 | 23,846 | 2,009 | 18,169 |
| net assets | 20,391 | 14,858 | 11,368 | 27,615 | 25,125 |
| total shareholders funds | 20,391 | 14,858 | 11,368 | 27,615 | 25,125 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | ||||
| Amortisation | 0 | ||||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 8,015 | -17,955 | 3,738 | -13,545 | 43,169 |
| Creditors | 2,356 | -22,071 | 21,837 | -5,976 | 7,985 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -10,184 | 10,184 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
cofunction ltd Credit Report and Business Information
Cofunction Ltd Competitor Analysis
Perform a competitor analysis for cofunction ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in RM14 area or any other competitors across 12 key performance metrics.
cofunction ltd Ownership
COFUNCTION LTD group structure
Cofunction Ltd has no subsidiary companies.
Ultimate parent company
COFUNCTION LTD
10994426
cofunction ltd directors
Cofunction Ltd currently has 2 directors. The longest serving directors include Mr Julian Turner (Oct 2017) and Mr Julian Turner (Oct 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Julian Turner | England | 63 years | Oct 2017 | - | Director |
| Mr Julian Turner | England | 63 years | Oct 2017 | - | Director |
P&L
March 2023turnover
46.1k
+36%
operating profit
6.8k
0%
gross margin
25.5%
+1.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
20.4k
+0.37%
total assets
24.5k
+0.47%
cash
0
0%
net assets
Total assets minus all liabilities
cofunction ltd company details
company number
10994426
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
October 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
65 granton avenue, upminster, RM14 2RT
Bank
-
Legal Advisor
-
cofunction 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 cofunction ltd.
cofunction ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
