How much does Coinford Limited make?

Coinford Limited reported revenue of £101m and £506k profit in the year to 30 Apr 2024, according to its accounts filed at Companies House.

How many employees does Coinford Limited have?

Coinford Limited reported an average of 145 employees in the year to 30 Apr 2024.

Is Coinford Limited profitable?

Yes — Coinford Limited reported a profit of £506k in the year to 30 Apr 2024.

Company No. 05256144 · Incorporated 12 Oct 2004

Coinford Limited

Registered name: COINFORD LIMITED

Part of Manco South Limited group

Coinford Limited made £101m revenue and £506k profit in the year to 30 Apr 2024.

Coinford Limited’s revenue fell 2% to £101m in the year to 30 Apr 2024, with £506k profit and 145 employees. The company is classified under “remediation activities and other waste management services” and is based in Burstow; we hold 3 years of its filed accounts.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 39000Remediation activities and other waste management services SIC 41201Construction of commercial buildings SIC 41202Construction of domestic buildings SIC 43120Site preparation

Status: Active
Location: Burstow, South East
Age: 22 yrs · since 2004
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 30 Apr 2024

Key figures

Capital-lightBoring industry

Revenue

£101m

Growth ▼2.4%

Profit

£506k

Growth ▼52.3%

Profit margin

0.5%

Gross 5.3%

Employees

145

Change 0%

Profit / employee

£3.5k

Revenue/employee £699k

Profitable streak

3yrs

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	30 Apr 2022	30 Apr 2023	30 Apr 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£90m	£104m	£101m
Cost of sales	£86.4m	£98.7m	£96m
Gross profit	£3.7m	£5.2m	£5.3m
Operating profit	£918k	£1.1m	£1.1m
Profit before tax	£865k	£1.1m	£1m
Profit after tax	£1.3m	£1.1m	£506k
Profit (best available)	£1.3m	£1.1m	£506k
Staff costs	£7.2m	£7.7m	£8.9m
Employees (average)	135	145	145
Ratios
Profit margin	1.5%	1%	0.5%
Gross margin	4.1%	5%	5.3%
Revenue per employee	£667k	£717k	£699k
Profit per employee	£9.8k	£7.3k	£3.5k
Growth (year on year)
Revenue growth	—	▲15.4%	▼2.4%
Profit growth	—	▼19.6%	▼52.3%
Headcount growth	—	▲7.4%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£6.2m	£5.7m	£8.6m
Net assets	£10.7m	£11.7m	£12.2m
Fixed assets	£574k	£717k	£901k
Current assets	£29.5m	£27.2m	£37.8m
Debtors	£526k	£30k	£3.9k
Deferred income	£1.6m	£403k	£972k
Source	Accounts · bulk data Jan 2024	Accounts · bulk data Jan 2024	FullAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: 0.5%; Profit ÷ revenue.
Gross margin: 5.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £699k; Revenue ÷ average employees.
Profit per employee: £3.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; 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: ▲4%; Now £12.2m
Cash at bank: ▲52%; Now £8.6m
Headcount: 0%; Now 145
Deferred income: ▲141%; Now £972k
Fixed assets: ▲26%; Now £901k

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

Manco South Limitedultimate parent75–100%
Coinford Holdings Limited75–100%
Coinford Limitedthis company

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

Sister companies (4)

Coinford Construction LimitedRev. £99.8m · Profit £387k
Coinford Plant LimitedRev. £18.3m · Profit −£190k
Coinford Central LtdRev. £4m · Profit £16.2k
Onyx Highways LtdFigures 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 30 Apr 2024 (profit £506k), 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.