COFIELD LIMITED

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

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.

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Mercer & Hole LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company has generated a loss for the year of £545,269 (2024: £832,208), and has net liabilities as at 31 March 2025 of £2,566,791 (2024: £2,021,522). Notwithstanding this the directors have prepared the financial statements on a going concern basis, which the directors consider appropriate for the following reasons. The Company is majorly owned by Charles Wigoder, and receives working capital support as required from Mr Wigoder, who has indicated that he will continue to provide such funding as is required to enable the Company to continue to trade. At the date of signing these financial statements, the directors acknowledge that, while the support is not legally binding, they have no reason to believe that such support will not be provided. The directors therefore have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -4.7%

  £10,370,714 → £9,881,591

• Cash

  +344.3%

  £26,277 → £116,760

• Net assets

  -27%

  -£2,021,522 → -£2,566,791

• Employees

  -28.6%

  7 → 5

• Operating profit

  +38.4%

  -£759,887 → -£468,401

• Profit before tax

  +34.5%

  -£832,208 → -£545,269

• Wages

  -15.2%

  £180,399 → £153,010

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