CEDO LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-17 (in 5mo)
Last made up 2025-10-03
Watchouts
Cash
£3M
+207.1% vs 2023
Net assets
£24M
+43.9% vs 2023
Employees
283
-14.2% vs 2023
Profit before tax
£11M
+531.5% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 3 times since incorporation
- CEDO LIMITED 2001-03-01 → present
- POLY-LINA LIMITED 1988-11-17 → 2001-03-01
- POLYLINA LIMITED 1988-10-27 → 1988-11-17
- DINKI DEVELOPMENTS LIMITED 1968-07-02 → 1988-10-27
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £109,655,000 | £110,647,000 | |
| Operating profit | £1,359,000 | £10,833,000 | |
| Profit before tax | £1,711,000 | £10,805,000 | |
| Net profit | £1,277,000 | £7,419,000 | |
| Cash | £886,000 | £2,721,000 | |
| Total assets less current liabilities | £19,338,000 | £28,442,000 | |
| Net assets | £16,887,000 | £24,306,000 | |
| Equity | £16,887,000 | £24,306,000 | |
| Average employees | 330 | 283 | |
| Wages | £11,740,000 | £11,100,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 1.2% | 9.8% | |
| Net margin | 1.2% | 6.7% | |
| Return on capital employed | 7.0% | 38.1% | |
| Gearing (liabilities / total assets) | 81.1% | 74.6% | |
| Current ratio | 1.08x | 1.18x | |
| Interest cover | — | 386.89x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Shipleys LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After careful consideration of these factors and other factors, the directors consider that the forecasts prepared to 31 August 2026 are achievable and that whilst uncertainty exists, this does not pose a material uncertainty that would cast doubt on the company's ability to continue to operate and meets its liabilities as they fall due for payment throughout the forecast period, which is a period of at least 12 months from signing of the accounts. On this basis, the directors consider that it is appropriate to prepare the financial statements on the going concern basis.”
Significant events
- “On 1st April 2025 100% of the share capital of Cedo limited was transferred from Cedo Holdings Ltd to Deco Acquisitions Ltd.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 24 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NAVARRE, Thierry | Director | 2022-03-02 | Aug 1967 | French |
Show 24 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FERGUSON, Donald Alexander Hall | Secretary | — | 1998-04-30 |
| MURRAY, Sylvia Joan | Secretary | 1998-05-01 | 2006-04-13 |
| OSTROWSKI, Andrzej Rafal | Secretary | 2006-04-14 | 2010-05-24 |
| ALLUM, Helen Catherine | Director | 2016-10-03 | 2019-10-03 |
| BUTT, Stephen Andrew | Director | — | 1999-08-31 |
| CASWELL, Christopher John | Director | 1999-11-01 | 2001-01-30 |
| CLAUSEN-BRUUN, Soren | Director | — | 2001-12-31 |
| DE VOS, Rik | Director | 2019-10-03 | 2021-10-29 |
| FERGUSON, Donald Alexander Hall | Director | 2001-03-05 | 2004-03-31 |
| FERGUSON, Donald Alexander Hall | Director | — | 1998-04-30 |
| GOESEKE, Christian, Dr | Director | 2004-04-01 | 2007-03-31 |
| HOEM, Bjorn Arild | Director | 2004-04-01 | 2009-09-16 |
| HOEM, Bjorn Arild | Director | — | 1998-05-31 |
| HOHMANN, Helmut Wilhelm Oswald, Dr | Director | 2000-09-01 | 2003-01-31 |
| HUMPHREYS, Peter | Director | 2000-11-01 | 2004-03-31 |
| JAKEMAN, Arthur Leslie | Director | — | 2002-12-31 |
| JAMIESON, Alan Rae Dalziel | Director | 2009-09-16 | 2014-10-14 |
| MCCOMASKY, James Anthony | Director | 2010-10-01 | 2015-04-29 |
| NAKHLA, Karim Paul | Director | — | 2000-12-31 |
| OSTROWSKI, Andrzej Rafal | Director | 2015-02-23 | 2022-03-31 |
| OSTROWSKI, Andrzej Rafal | Director | 2008-05-01 | 2010-05-24 |
| PEARCE, David James | Director | 2004-04-01 | 2016-02-19 |
| WOOD, William Brian | Director | 2000-02-01 | 2001-03-19 |
| ZAPKA-VOLKMANN, Heike-Anja | Director | 2003-10-01 | 2005-02-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Deco Acquisitions Ltd | Corporate entity | Shares 75–100% | 2025-03-31 | Active |
| Cedo Holdings Ltd | Corporate entity | Shares 75–100% | 2016-06-30 | Ceased 2025-03-31 |
Filing timeline
Last 20 of 215 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-03 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-10-03 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-09-10 | AA | accounts | Accounts with accounts type full | |
| 2025-03-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-23 | AA | accounts | Accounts with accounts type full | |
| 2024-06-05 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-06-05 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2024-03-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-13 | AA | accounts | Accounts with accounts type full | |
| 2023-04-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-09-09 | AA | accounts | Accounts with accounts type full | |
| 2022-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2022-03-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-03-02 | AP01 | officers | Appoint person director company with name date | |
| 2021-10-29 | TM01 | officers | Termination director company with name termination date | |
| 2021-09-09 | AA | accounts | Accounts with accounts type full | |
| 2021-03-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-09-10 | AA | accounts | Accounts with accounts type full | |
| 2020-03-25 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+0.9%
£109,655,000 £110,647,000
-
Cash
+207.1%
£886,000 £2,721,000
-
Net assets
+43.9%
£16,887,000 £24,306,000
-
Employees
-14.2%
330 283
-
Operating profit
+697.1%
£1,359,000 £10,833,000
-
Profit before tax
+531.5%
£1,711,000 £10,805,000
-
Wages
-5.5%
£11,740,000 £11,100,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers