cownet limited
cownet limited Company Information
Company Number
14646032
Website
-Registered Address
2 parsonage farm barns, high easter, chelmsford, CM1 4QZ
Industry
Manufacture of communication equipment (other than telegraph and telephone apparatus and equipment)
Wireless telecommunications activities
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
james scoones 47.5%
charles lockie 47.5%
View Allcownet limited Estimated Valuation
Pomanda estimates the enterprise value of COWNET LIMITED at £15.2k based on a Turnover of £21.7k and 0.7x industry multiple (adjusted for size and gross margin).
cownet limited Estimated Valuation
Pomanda estimates the enterprise value of COWNET LIMITED at £0 based on an EBITDA of £-4.9k and a 3.41x industry multiple (adjusted for size and gross margin).
cownet limited Estimated Valuation
Pomanda estimates the enterprise value of COWNET LIMITED at £0 based on Net Assets of £-4.9k and 2.52x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Cownet Limited Overview
Cownet Limited is a live company located in chelmsford, CM1 4QZ with a Companies House number of 14646032. It operates in the manufacture of communication equipment other than telegraph, and telephone apparatus and equipment sector, SIC Code 26309. Founded in February 2023, it's largest shareholder is james scoones with a 47.5% stake. Cownet Limited is a new, micro sized company, Pomanda has estimated its turnover at £21.7k with unknown growth in recent years.
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Cownet Limited Health Check
Pomanda's financial health check has awarded Cownet Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £21.7k, make it smaller than the average company (£7.5m)
- Cownet Limited
£7.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Cownet Limited
- - Industry AVG
Production
with a gross margin of 27.6%, this company has a higher cost of product (50.3%)
- Cownet Limited
50.3% - Industry AVG
Profitability
an operating margin of -22.7% make it less profitable than the average company (4.5%)
- Cownet Limited
4.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (37)
- Cownet Limited
37 - Industry AVG
Pay Structure
on an average salary of £65.5k, the company has an equivalent pay structure (£65.5k)
- Cownet Limited
£65.5k - Industry AVG
Efficiency
resulting in sales per employee of £21.7k, this is less efficient (£178.7k)
- Cownet Limited
£178.7k - Industry AVG
Debtor Days
it gets paid by customers after 87 days, this is later than average (51 days)
- Cownet Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 255 days, this is slower than average (40 days)
- Cownet Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cownet Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Cownet Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 181.3%, this is a higher level of debt than the average (54.7%)
181.3% - Cownet Limited
54.7% - Industry AVG
COWNET LIMITED financials
Cownet Limited's latest turnover from December 2023 is estimated at £21.7 thousand and the company has net assets of -£4.9 thousand. According to their latest financial statements, we estimate that Cownet Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | |
|---|---|
| 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 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | |
|---|---|
| Tangible Assets | 901 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 901 |
| Stock & work in progress | 0 |
| Trade Debtors | 5,179 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 0 |
| misc current assets | 0 |
| total current assets | 5,179 |
| total assets | 6,080 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 11,021 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 11,021 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 11,021 |
| net assets | -4,941 |
| total shareholders funds | -4,941 |
| Dec 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | |
| Amortisation | |
| Tax | |
| Stock | 0 |
| Debtors | 5,179 |
| Creditors | 11,021 |
| Accruals and Deferred Income | 0 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 0 |
| overdraft | 0 |
| change in cash | 0 |
cownet limited Credit Report and Business Information
Cownet Limited Competitor Analysis
Perform a competitor analysis for cownet limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in CM1 area or any other competitors across 12 key performance metrics.
cownet limited Ownership
COWNET LIMITED group structure
Cownet Limited has no subsidiary companies.
Ultimate parent company
COWNET LIMITED
14646032
cownet limited directors
Cownet Limited currently has 2 directors. The longest serving directors include Mr James Scoones (Feb 2023) and Ms Victoria Lockie (Feb 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Scoones | England | 63 years | Feb 2023 | - | Director |
| Ms Victoria Lockie | England | 60 years | Feb 2023 | - | Director |
P&L
December 2023turnover
21.7k
0%
operating profit
-4.9k
0%
gross margin
27.6%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-4.9k
0%
total assets
6.1k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
cownet limited company details
company number
14646032
Type
Private limited with Share Capital
industry
26309 - Manufacture of communication equipment (other than telegraph and telephone apparatus and equipment)
61200 - Wireless telecommunications activities
63110 - Data processing, hosting and related activities
incorporation date
February 2023
age
1
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
THE HUTCHINSON PARTNERSHIP
auditor
-
address
2 parsonage farm barns, high easter, chelmsford, CM1 4QZ
Bank
-
Legal Advisor
-
cownet 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 cownet limited.
cownet limited Companies House Filings - See Documents
| date | description | view/download |
|---|
