coral commerce limited
coral commerce limited Company Information
Company Number
12321571
Next Accounts
Aug 2025
Shareholders
abby-may de lange
international financial systems limited
View AllGroup Structure
View All
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Registered Address
pyramid house 954 high road, north finchley, london, N12 9RT
Website
-coral commerce limited Estimated Valuation
Pomanda estimates the enterprise value of CORAL COMMERCE LIMITED at £42k based on a Turnover of £87.8k and 0.48x industry multiple (adjusted for size and gross margin).
coral commerce limited Estimated Valuation
Pomanda estimates the enterprise value of CORAL COMMERCE LIMITED at £0 based on an EBITDA of £-56.2k and a 3.19x industry multiple (adjusted for size and gross margin).
coral commerce limited Estimated Valuation
Pomanda estimates the enterprise value of CORAL COMMERCE LIMITED at £0 based on Net Assets of £-28.7k and 2.35x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Coral Commerce Limited Overview
Coral Commerce Limited is a live company located in london, N12 9RT with a Companies House number of 12321571. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in November 2019, it's largest shareholder is abby-may de lange with a 51% stake. Coral Commerce Limited is a young, micro sized company, Pomanda has estimated its turnover at £87.8k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Coral Commerce Limited Health Check
Pomanda's financial health check has awarded Coral Commerce Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £87.8k, make it smaller than the average company (£1.9m)
- Coral Commerce Limited
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (6.2%)
- Coral Commerce Limited
6.2% - Industry AVG
Production
with a gross margin of 23.9%, this company has a higher cost of product (44.6%)
- Coral Commerce Limited
44.6% - Industry AVG
Profitability
an operating margin of -64.1% make it less profitable than the average company (5.8%)
- Coral Commerce Limited
5.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (18)
3 - Coral Commerce Limited
18 - Industry AVG
Pay Structure
on an average salary of £49.8k, the company has an equivalent pay structure (£49.8k)
- Coral Commerce Limited
£49.8k - Industry AVG
Efficiency
resulting in sales per employee of £29.3k, this is less efficient (£117.8k)
- Coral Commerce Limited
£117.8k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is earlier than average (58 days)
- Coral Commerce Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 189 days, this is slower than average (32 days)
- Coral Commerce Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Coral Commerce Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Coral Commerce Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 581.7%, this is a higher level of debt than the average (52.3%)
581.7% - Coral Commerce Limited
52.3% - Industry AVG
CORAL COMMERCE LIMITED financials
Coral Commerce Limited's latest turnover from November 2023 is estimated at £87.8 thousand and the company has net assets of -£28.7 thousand. According to their latest financial statements, Coral Commerce Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | |
|---|---|---|---|---|
| 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 | 3 | 3 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | |
|---|---|---|---|---|
| Tangible Assets | 1,027 | 1,541 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,027 | 1,541 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,148 | 75,983 | 35,436 | 4,614 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 779 | 847 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 4,927 | 76,830 | 35,436 | 4,614 |
| total assets | 5,954 | 78,371 | 35,436 | 4,614 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 34,637 | 50,821 | 66,740 | 47,861 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 34,637 | 50,821 | 66,740 | 47,861 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 34,637 | 50,821 | 66,740 | 47,861 |
| net assets | -28,683 | 27,550 | -31,304 | -43,247 |
| total shareholders funds | -28,683 | 27,550 | -31,304 | -43,247 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | ||
| Amortisation | 0 | 0 | ||
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -71,903 | 41,394 | 30,822 | 4,614 |
| Creditors | -16,184 | -15,919 | 18,879 | 47,861 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 |
coral commerce limited Credit Report and Business Information
Coral Commerce Limited Competitor Analysis
Perform a competitor analysis for coral commerce limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in N12 area or any other competitors across 12 key performance metrics.
coral commerce limited Ownership
CORAL COMMERCE LIMITED group structure
Coral Commerce Limited has no subsidiary companies.
Ultimate parent company
CORAL COMMERCE LIMITED
12321571
coral commerce limited directors
Coral Commerce Limited currently has 2 directors. The longest serving directors include Mr Jeffrey Ohrenstein (Apr 2020) and Ms Abby-May De Lange (Apr 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jeffrey Ohrenstein | 85 years | Apr 2020 | - | Director | |
| Ms Abby-May De Lange | United Kingdom | 45 years | Apr 2024 | - | Director |
P&L
November 2023turnover
87.8k
-60%
operating profit
-56.2k
0%
gross margin
24%
+1.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
-28.7k
-2.04%
total assets
6k
-0.92%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
coral commerce limited company details
company number
12321571
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
November 2019
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
pyramid house 954 high road, north finchley, london, N12 9RT
Bank
-
Legal Advisor
-
coral commerce 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 coral commerce limited.
coral commerce 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.
Click to start generating capital raising & share issue transactions for CORAL COMMERCE LIMITED. This can take several minutes, an email will notify you when this has completed.
coral commerce limited Companies House Filings - See Documents
| date | description | view/download |
|---|
