Cordash Limited
Registered name: CORDASH LIMITED
Cordash Limited made £5.8m revenue and £171k profit in the year to 31 Dec 2025.
Cordash Limited’s revenue was £5.8m in the year to 31 Dec 2025, with £171k profit and 101 employees. The company is classified under “non-trading company” and is based in Truro; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Truro, South West
- Age
- 22 yrs · since 2004
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £6.8m | £5.7m | £5.7m | £5.8m |
| Cost of sales | £797k | £743k | £722k | £820k |
| Gross profit | £6m | £5m | £5m | £5m |
| Operating profit | £1.5m | £774k | £691k | £441k |
| Profit before tax | £1.3m | £551k | £371k | £150k |
| Profit after tax | £412k | £275k | £216k | £171k |
| Profit (best available) | £412k | £275k | £216k | £171k |
| Staff costs | £2.5m | £2.3m | £2.4m | £2.5m |
| Employees (average) | 99 | 101 | 99 | 101 |
| Ratios | ||||
| Profit margin | 6% | 4.8% | 3.8% | 3% |
| Gross margin | 88.3% | 87% | 87.5% | 85.8% |
| Revenue per employee | £68.8k | £56.5k | £58.1k | £57.2k |
| Profit per employee | £4.2k | £2.7k | £2.2k | £1.7k |
| Cash conversion | 124% | 140.8% | 107.2% | 197.5% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼16.2% | ▲0.7% | ▲0.5% |
| Profit growth | — | ▼33.2% | ▼21.3% | ▼20.9% |
| Headcount growth | — | ▲2% | ▼2% | ▲2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.8m | £368k | £1.1m | £1m |
| Net assets | £9.2m | £9.2m | £9.2m | £9.2m |
| Fixed assets | £18.3m | £20.2m | £20.6m | £20.4m |
| Current assets | £3.1m | £714k | £1.4m | £1.3m |
| Debtors | £33.7k | £39.9k | £47.5k | £63.5k |
| Cash from operations | £1.9m | £1.1m | £741k | £871k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 3%
- Profit ÷ revenue.
- Gross margin
- 85.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £57.2k
- Revenue ÷ average employees.
- Profit per employee
- £1.7k
- Profit ÷ average employees.
- Cash conversion
- 197.5%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 352.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.1%
- Money owed by customers. Low = customers pay quickly.
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
- 0%
- Now £9.2m
- Cash at bank
- ▼9%
- Now £1m
- Headcount
- ▲2%
- Now 101
- Deferred income
- —
- Now —
- Fixed assets
- ▼1%
- Now £20.4m
Group structure
Subsidiaries (1)
- The Nare Hotel Company LimitedRev. £5.8m · Profit £126k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £171k), from the Companies House accounts bulk data published Sep 2026. 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.