Cosegic Midco Limited
Registered name: COSEGIC MIDCO LIMITED
Part of MML Enterprise I Holdco 1 Ltd groupCosegic Midco Limited made £0 revenue and a £775k loss in the year to 31 Mar 2024.
Cosegic Midco Limited’s revenue was £0 in the year to 31 Mar 2024, with a loss of £775k and 0 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 5 yrs · since 2021
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| 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) | — | £0 | £0 |
| Operating profit | — | −£278 | −£13 |
| Profit before tax | — | −£749k | −£775k |
| Profit after tax | — | −£749k | −£775k |
| Profit (best available) | — | −£749k | −£775k |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | — | — | — |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | −£738k | −£1.5m | −£2.3m |
| Debtors | £8.9m | £9.4m | £8.9m |
| Deferred income | — | £1.3m | £964k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now −£2.3m
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- ▼23%
- Now £964k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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 Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Cosegic Finance LimitedRev. £172k · Profit −£28.7k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit −£775k), 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.