How much does Cosegic Limited make?

Cosegic Limited reported revenue of £7.3m and £454k profit in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does Cosegic Limited have?

Cosegic Limited reported an average of 59 employees in the year to 31 Mar 2024.

Is Cosegic Limited profitable?

Yes — Cosegic Limited reported a profit of £454k in the year to 31 Mar 2024.

Company No. 04954156 · Incorporated 5 Nov 2003

Cosegic Limited

Registered name: COSEGIC LIMITED

Part of MML Enterprise I Holdco 1 Ltd group

Cosegic Limited made £7.3m revenue and £454k profit in the year to 31 Mar 2024.

Cosegic Limited’s revenue grew 9% to £7.3m in the year to 31 Mar 2024, with £454k profit and 59 employees. The company is classified under “other business support service activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: London, London
Age: 22 yrs · since 2003
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Mar 2024

Key figures

Revenue

£7.3m

Growth ▲8.9%

Profit

£454k

Growth ▼31.8%

Profit margin

6.3%

Gross 45.9%

Employees

Change ▲11.3%

Profit / employee

£7.7k

Revenue/employee £123k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£6.7m	£7.3m
Cost of sales	—	£3.4m	£3.9m
Gross profit	—	£3.2m	£3.3m
Operating profit	—	£1.1m	£993k
Profit before tax	—	£803k	£462k
Profit after tax	—	£666k	£454k
Profit (best available)	—	£666k	£454k
Staff costs	—	£3.7m	£4.3m
Employees (average)	43	53	59
Ratios
Profit margin	—	10%	6.3%
Gross margin	—	48.4%	45.9%
Revenue per employee	—	£126k	£123k
Profit per employee	—	£12.6k	£7.7k
Growth (year on year)
Revenue growth	—	—	▲8.9%
Profit growth	—	—	▼31.8%
Headcount growth	—	▲23.3%	▲11.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.4m	£436k	£229k
Net assets	£1.2m	£1.9m	£2.3m
Fixed assets	£110k	£7.5m	£7.5m
Current assets	£4.8m	£2m	£3m
Debtors	£556k	£751k	£738k
Deferred income	—	£542k	£563k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: 6.3%; Profit ÷ revenue.
Gross margin: 45.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £123k; Revenue ÷ average employees.
Profit per employee: £7.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 103.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 7.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.2%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲24%; Now £2.3m
Cash at bank: ▼48%; Now £229k
Headcount: ▲11%; Now 59
Deferred income: ▲4%; Now £563k
Fixed assets: ▼1%; Now £7.5m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

MML Enterprise I Holdco 1 Ltdultimate parent75–100%
Coral Topco Limited75–100%
Coral Midco Limited75–100%
Coral Holdco Limited75–100%
Coral Bidco Limited75–100%
Cosegic Holdco Limited75–100%
Cosegic Midco Limited75–100%
Cosegic Finance Limited75–100%
Cosegic Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (3)

CS Advisers LtdFigures not disclosed
Nanstrad LtdFigures not disclosed
Portall LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £454k), from the Companies House accounts bulk data published Dec 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.