COEL BUSINESS GROUP LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-23 (in 9mo)
Last made up 2026-02-09
Watchouts
Cash
£1M
-46.2% vs 2023
Net assets
£754K
-2.8% vs 2023
Employees
72
-2.7% vs 2023
Profit before tax
£113K
+206.2% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Outstanding charges registered
One or more mortgages or charges remain undischarged on the Companies House register.
-
5 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £17,329,844 | £22,139,976 | |
| Operating profit | £88,661 | £245,336 | |
| Profit before tax | -£106,024 | £112,590 | |
| Net profit | -£175,793 | £15,983 | |
| Cash | £2,024,024 | £1,089,063 | |
| Total assets less current liabilities | £2,181,207 | £1,545,741 | |
| Net assets | £775,655 | £753,638 | |
| Equity | £775,655 | £753,638 | |
| Average employees | 74 | 72 | |
| Wages | £3,920,235 | £3,971,400 |
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 | 0.5% | 1.1% | |
| Net margin | -1.0% | 0.1% | |
| Return on capital employed | 4.1% | 15.9% | |
| Current ratio | 1.24x | 1.09x | |
| Interest cover | 0.42x | 1.57x |
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
- Consolidated group
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. While the Group experienced difficult trading conditions in FY25 the management has taken steps to address the challenges faced including cost reductions and cashflow management. During the year, the Group secured several key projects that are expected to contribute positively to future performance. As a result, a significant improvement in trading results is anticipated in the final quarter of FY25 and into the first half of FY26. Based on forecasts and cash flow projections, which reflect the expected uplift in activity and profitability, the directors believe that the Group will have adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis.”
Group structure
- COEL BUSINESS GROUP LTD · parent
- COEL Plumbing and Mechanical Services Ltd 100%
- COEL Group Ltd 100%
- Cambridge Office Environments Ltd 100%
- CMS (Cambridge) Limited 100%
Significant events
- “During the year, a restructuring took place in the group. As such, COEL Business Group Limited acquired direct ownership of Cambridge Office Environments Limited and no longer directly owns COEL Group Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRENT, Richard | Director | 2025-06-19 | Nov 1966 | British |
| RUMBELOW, Alistair George | Director | 2021-02-26 | Mar 1967 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUTLER, Sarah | Director | 2024-11-21 | 2025-12-31 |
| CLARK, Barnaby James | Director | 2021-02-26 | 2023-06-02 |
| COOK, Neil Trevor | Director | 2021-02-26 | 2021-09-20 |
| DANIELS, Hugh John Douglas | Director | 2023-04-20 | 2026-04-17 |
| OVERHILL, Jerry | Director | 2021-02-26 | 2026-01-05 |
| POWELL, Dean Adam | Director | 2021-02-26 | 2024-07-19 |
| WATKINSON, John Dudley | Director | 2024-11-21 | 2025-11-26 |
| WILLIAMS, David John | Director | 2021-02-10 | 2026-05-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr David John Williams | Individual | Shares 25–50%, Voting 25–50% | 2024-07-19 | Active |
| Mr Alistair George Rumbelow | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2021-02-26 | Active |
| Mr David John Williams | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-02-10 | Ceased 2021-02-26 |
Filing timeline
Last 20 of 44 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-04-17 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-02-23 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-04 | AA | accounts | Accounts with accounts type group | |
| 2025-06-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-17 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2025-02-17 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2025-02-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-17 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-11-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-28 | AA | accounts | Accounts with accounts type group | |
| 2024-08-21 | SH06 | capital | Capital cancellation shares | |
| 2024-08-21 | SH03 | capital | Capital return purchase own shares | |
| 2024-08-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-09 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 2
- Officers appointed
- 1
- Officers resigned
- 5
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
+27.8%
£17,329,844 £22,139,976
-
Cash
-46.2%
£2,024,024 £1,089,063
-
Net assets
-2.8%
£775,655 £753,638
-
Employees
-2.7%
74 72
-
Operating profit
+176.7%
£88,661 £245,336
-
Profit before tax
+206.2%
-£106,024 £112,590
-
Wages
+1.3%
£3,920,235 £3,971,400
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