How much does Coinford Plant Limited make?

Coinford Plant Limited reported revenue of £18.3m and a loss of £190k in the year to 30 Apr 2024, according to its accounts filed at Companies House.

How many employees does Coinford Plant Limited have?

Coinford Plant Limited reported an average of 3 employees in the year to 30 Apr 2024.

Is Coinford Plant Limited profitable?

No — Coinford Plant Limited reported a loss of £190k in the year to 30 Apr 2024.

Company No. 06736352 · Incorporated 29 Oct 2008

Coinford Plant Limited

Registered name: COINFORD PLANT LIMITED

Part of Manco South Limited group

Coinford Plant Limited made £18.3m revenue and a £190k loss in the year to 30 Apr 2024.

Coinford Plant Limited’s revenue grew 84% to £18.3m in the year to 30 Apr 2024, with a loss of £190k and 3 employees. The company is classified under “renting and leasing of construction and civil engineering machinery and equipment” and is based in Horley; we hold 3 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 77320Renting and leasing of construction and civil engineering machinery and equipment

Status: Active
Location: Horley, South East
Age: 17 yrs · since 2008
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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

Small teamBoring industry

Revenue

£18.3m

Growth ▲83.9%

Profit

−£190k

Growth ▼142.4%

Profit margin

−1%

Gross 18.1%

Employees

Change ▲50%

Profit / employee

−£63.4k

Revenue/employee £6.1m

Profitable streak

0yrs

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)	£8.4m	£9.9m	£18.3m
Cost of sales	£5.3m	£6.7m	£15m
Gross profit	£3.1m	£3.2m	£3.3m
Operating profit	£741k	£842k	£1.1m
Profit before tax	£390k	£408k	£313k
Profit after tax	£642k	£449k	−£190k
Profit (best available)	£642k	£449k	−£190k
Employees (average)	2	2	3
Ratios
Profit margin	7.6%	4.5%	−1%
Gross margin	36.7%	32.3%	18.1%
Revenue per employee	£4.2m	£5m	£6.1m
Profit per employee	£321k	£225k	−£63.4k
Growth (year on year)
Revenue growth	—	▲18.4%	▲83.9%
Profit growth	—	▼30.1%	▼142.4%
Headcount growth	—	0%	▲50%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.4m	£1.1m	£1.5m
Net assets	£2.8m	£3.3m	£3.1m
Fixed assets	£13.1m	£16.3m	£19.3m
Current assets	£3.5m	£1.9m	£9m
Debtors	£3k	£77.9k	£37.5k
Deferred income	£53.1k	£11.3k	£34.7k
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: −1%; Profit ÷ revenue.
Gross margin: 18.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £6.1m; Revenue ÷ average employees.
Profit per employee: −£63.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 105.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.2%; 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: ▼6%; Now £3.1m
Cash at bank: ▲41%; Now £1.5m
Headcount: ▲50%; Now 3
Deferred income: ▲206%; Now £34.7k
Fixed assets: ▲19%; Now £19.3m

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 Plant Limitedthis company

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

Sister companies (4)

Coinford LimitedRev. £101m · Profit £506k
Coinford Construction LimitedRev. £99.8m · Profit £387k
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 −£190k), 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.