cote deliveries ltd
cote deliveries ltd Company Information
Company Number
12873022
Next Accounts
Jun 2025
Shareholders
better taste holding 2 ltd
Group Structure
View All
Industry
Other food service activities
Registered Address
47c kensington court, london, W8 5DA
Website
cote.co.ukcote deliveries ltd Estimated Valuation
Pomanda estimates the enterprise value of COTE DELIVERIES LTD at £470.7k based on a Turnover of £1.3m and 0.37x industry multiple (adjusted for size and gross margin).
cote deliveries ltd Estimated Valuation
Pomanda estimates the enterprise value of COTE DELIVERIES LTD at £0 based on an EBITDA of £-557k and a 3.35x industry multiple (adjusted for size and gross margin).
cote deliveries ltd Estimated Valuation
Pomanda estimates the enterprise value of COTE DELIVERIES LTD at £0 based on Net Assets of £-3.7m and 2.78x industry multiple (adjusted for liquidity).
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Cote Deliveries Ltd Overview
Cote Deliveries Ltd is a live company located in london, W8 5DA with a Companies House number of 12873022. It operates in the other food services sector, SIC Code 56290. Founded in September 2020, it's largest shareholder is better taste holding 2 ltd with a 100% stake. Cote Deliveries Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.3m with unknown growth in recent years.
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Cote Deliveries Ltd Health Check
Pomanda's financial health check has awarded Cote Deliveries Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
6 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£2m)
£1.3m - Cote Deliveries Ltd
£2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Cote Deliveries Ltd
- - Industry AVG
Production
with a gross margin of 12.9%, this company has a higher cost of product (25.4%)
12.9% - Cote Deliveries Ltd
25.4% - Industry AVG
Profitability
an operating margin of -43.3% make it less profitable than the average company (2.7%)
-43.3% - Cote Deliveries Ltd
2.7% - Industry AVG
Employees
with 19 employees, this is below the industry average (28)
- Cote Deliveries Ltd
28 - Industry AVG
Pay Structure
on an average salary of £14.9k, the company has a lower pay structure (£23.4k)
- Cote Deliveries Ltd
£23.4k - Industry AVG
Efficiency
resulting in sales per employee of £67.6k, this is equally as efficient (£68.7k)
- Cote Deliveries Ltd
£68.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Cote Deliveries Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (35 days)
3 days - Cote Deliveries Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Cote Deliveries Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Cote Deliveries Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 449.3%, this is a higher level of debt than the average (68.4%)
449.3% - Cote Deliveries Ltd
68.4% - Industry AVG
COTE DELIVERIES LTD financials
Cote Deliveries Ltd's latest turnover from September 2023 is £1.3 million and the company has net assets of -£3.7 million. According to their latest financial statements, we estimate that Cote Deliveries Ltd has 19 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | |
|---|---|---|---|
| Turnover | 1,285,000 | 3,515,000 | 11,785,000 |
| Other Income Or Grants | |||
| Cost Of Sales | 1,119,000 | 2,968,000 | 11,392,000 |
| Gross Profit | 166,000 | 547,000 | 393,000 |
| Admin Expenses | 723,000 | 3,423,000 | 553,000 |
| Operating Profit | -557,000 | -2,876,000 | -160,000 |
| Interest Payable | |||
| Interest Receivable | |||
| Pre-Tax Profit | -557,000 | -2,876,000 | -160,000 |
| Tax | -64,000 | ||
| Profit After Tax | -557,000 | -2,940,000 | -160,000 |
| Dividends Paid | |||
| Retained Profit | -557,000 | -2,940,000 | -160,000 |
| Employee Costs | 283,000 | 1,150,000 | |
| Number Of Employees | |||
| EBITDA* | -557,000 | -2,695,000 | 21,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | 1,631,000 | ||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 1,631,000 | ||
| Stock & work in progress | 12,000 | 73,000 | |
| Trade Debtors | |||
| Group Debtors | 1,035,000 | 1,120,000 | 1,055,000 |
| Misc Debtors | 12,000 | 116,000 | 64,000 |
| Cash | 4,000 | 160,000 | |
| misc current assets | |||
| total current assets | 1,047,000 | 1,252,000 | 1,352,000 |
| total assets | 1,047,000 | 1,252,000 | 2,983,000 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 10,000 | 7,000 | |
| Group/Directors Accounts | 4,694,000 | 4,329,000 | 3,078,000 |
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 16,000 | 65,000 | |
| total current liabilities | 4,704,000 | 4,352,000 | 3,143,000 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | |||
| total liabilities | 4,704,000 | 4,352,000 | 3,143,000 |
| net assets | -3,657,000 | -3,100,000 | -160,000 |
| total shareholders funds | -3,657,000 | -3,100,000 | -160,000 |
| Sep 2023 | Sep 2022 | Sep 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | -557,000 | -2,876,000 | -160,000 |
| Depreciation | |||
| Amortisation | 181,000 | 181,000 | |
| Tax | -64,000 | ||
| Stock | -12,000 | -61,000 | 73,000 |
| Debtors | -189,000 | 117,000 | 1,119,000 |
| Creditors | 3,000 | 7,000 | |
| Accruals and Deferred Income | -16,000 | -49,000 | 65,000 |
| Deferred Taxes & Provisions | |||
| Cash flow from operations | -369,000 | -2,857,000 | -1,106,000 |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | 365,000 | 1,251,000 | 3,078,000 |
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | 365,000 | 1,251,000 | 3,078,000 |
| cash and cash equivalents | |||
| cash | -4,000 | -156,000 | 160,000 |
| overdraft | |||
| change in cash | -4,000 | -156,000 | 160,000 |
cote deliveries ltd Credit Report and Business Information
Cote Deliveries Ltd Competitor Analysis
Perform a competitor analysis for cote deliveries ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in W 8 area or any other competitors across 12 key performance metrics.
cote deliveries ltd Ownership
COTE DELIVERIES LTD group structure
Cote Deliveries Ltd has no subsidiary companies.
Ultimate parent company
2 parents
COTE DELIVERIES LTD
12873022
cote deliveries ltd directors
Cote Deliveries Ltd currently has 5 directors. The longest serving directors include Mr Strahan Wilson (Sep 2020) and Ms Jane Holbrook (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Strahan Wilson | England | 50 years | Sep 2020 | - | Director |
| Ms Jane Holbrook | England | 61 years | Sep 2020 | - | Director |
| Mr Christian Ebert | England | 48 years | Jan 2023 | - | Director |
| Ms Laura Wood | England | 50 years | Jan 2023 | - | Director |
| Mr James Margison | England | 34 years | Jan 2025 | - | Director |
P&L
September 2023turnover
1.3m
-63%
operating profit
-557k
-81%
gross margin
13%
-16.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-3.7m
+0.18%
total assets
1m
-0.16%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
cote deliveries ltd company details
company number
12873022
Type
Private limited with Share Capital
industry
56290 - Other food service activities
incorporation date
September 2020
age
5
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
RSM UK AUDIT LLP
address
47c kensington court, london, W8 5DA
Bank
-
Legal Advisor
GOODWIN PROCTOR UK LLP
cote deliveries 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 1 charges/mortgages relating to cote deliveries ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
cote deliveries ltd 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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cote deliveries ltd Companies House Filings - See Documents
| date | description | view/download |
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