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COVOYA LTD
THE ADELPHI LEVEL 5, 1-11 JOHN ADAM STREET, LONDON, WC2N 6HTPrevious name: OLAM SPECIALTY COFFEE EUROPE LTD (changed on 07-Nov-2022)
Previous name: SCHLUTER LTD (changed on 04-Jun-2018)
Company Number: 06955104
Incorporation date: 07-Jul-2009
Status: Active
Entity type: Private Limited Company
SIC codes:
10832 Production of coffee and coffee substitutes
SUMMARY
This company is 14.7 years old and is currently active. It is controlled by Ofi Group Limited. The company has negative equity (net assets) of GBP -778 thousand which has worsened since the previous year's figure of GBP 104.5 thousand. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -788.1 thousand), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 2 active officers (directors or partners) who are or were officers of 3 other companies, 1 (33.3%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Sep-2024Accounts Filed: FULL (31-Dec-2022)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Dec-2022 | GBP | -317,076 | 882,447 | ||||
31-Dec-2021 | GBP | 20,248,736 | -222,237 | -43,378 | 178,859 | ||
31-Dec-2020 | GBP | 22,211,061 | 137,310 | -72 | 27,388 | 109,994 | |
31-Dec-2019 | GBP | 20,665,857 | 22,944 | 3 | 4,280 | 18,661 | |
31-Dec-2018 | GBP | 21,182,602 | -53,412 | -1,215 | -9,615 | -42,582 | |
31-Dec-2017 | GBP | 11,095,563 | 248,780 | 18,541 | 48,582 | 181,657 | |
31-Dec-2016 | GBP | 1,594,580 | 133,333 | 28,502 | 21,960 | 82,871 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Dec-2022 | GBP | 1,027,540 | 11,919,165 | 12,722,467 | 10,100 | -788,051 | -777,951 | ||
31-Dec-2021 | GBP | 1,744,413 | 9,517,618 | 9,448,480 | 10,100 | 94,396 | 104,496 | ||
31-Dec-2020 | GBP | 994,117 | 11,381,220 | 11,143,702 | 10,100 | 273,255 | 283,355 | ||
31-Dec-2019 | GBP | 408,652 | 8,567,723 | 8,406,720 | 10,100 | 163,261 | 173,361 | ||
31-Dec-2018 | GBP | 375,170 | 9,233,917 | 9,088,345 | 10,100 | 144,600 | 154,700 | ||
31-Dec-2017 | GBP | 739,806 | 6,647,078 | 6,463,233 | 10,100 | 187,182 | 197,282 | ||
31-Dec-2016 | GBP | 97,157 | 1,092,467 | 1,085,478 | 10,100 | 5,525 | 15,625 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Active | Ian Peter HASLEGRAVE | 26 Oct 2022 | 28 Mar 2024 | 1 - 0 | ||
Resigned | Philip Michael SCHLUTER | 07 Jul 2009 | 26 Oct 2022 | British | 3 - 2 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Thomas GREGERSEN | 20 Dec 2016 | Senior Vice President & Coffee Trader | Danish | 1 - 0 | 0 (0.0%) | |
Resigned | Michael Gerald Galton, Dr SCHLUTER | 01 Sep 2010 | 20 Oct 2016 | Director | British | 3 - 8 | 3 (27.3%) |
Active | Philip Michael SCHLUTER | 07 Jul 2009 | Coffee Trader | British | 3 - 2 | 2 (40.0%) | |
Resigned | Jeremy John Elton LEFROY | 07 Jul 2009 | 07 May 2010 | Director | British | 10 - 14 | 5 (20.8%) |
Average tenure of active directors: 11.0 years
Average tenure of resigned directors: 3.5 years
Average active director Dissolution Rate: 20.0%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
Name
|
|||
---|---|---|---|
TRANSPARENT COFFEE LIMITED (06706803) - Dissolved | ✔ | ||
COVOYA LTD (06955104) - Active | ✔ | ✔ | |
IKAWA LTD (07133409) - Active | ✔ | ||
BUFFALOGRID LTD (07858813) - In Administration | ✔ |
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2017-07-07 | 2016-07-07 | 2015-07-07 | 2014-07-07 | 2013-07-07 | ||
SCHLUTER SA | ORDINARY | 10,000 99.0% | 10,000 99.0% | 10,000 99.0% | 10,000 99.0% | 10,000 99.0% |
SCHLUTER SA | A ORDINARY | 100 0.990% | 0 0% | 0 0% | 0 0% | 0 0% |
PHILIP MICHAEL SCHLUTER | A ORDINARY | 0 0% | 50 0.495% | 0 0% | 0 0% | 0 0% |
HELEN SCHLUTER | A ORDINARY | 0 0% | 50 0.495% | 50 0.495% | 50 0.495% | 50 0.495% |
PHILIP MICHAEL SCHLUTER | AORDINARY | 0 0% | 0 0% | 50 0.495% | 50 0.495% | 50 0.495% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
COVOYA LTD
no controlled companies
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
No Court Cases found
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
10832 Production of coffee and coffee substitutes)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
COSTA LIMITED | 3 KNAVES BEECH BUSINESS CENTRE DAVIES WAY, LOUDWATER, HIGH WYCOMBE, BUCKINGHAMSHIRE, ENGLAND, HP10 9QR | 01270695 | 2018-03-01 | 951,684,000 | 74,118,000 |
56101-Licensed restaurants |
LAVAZZA PROFESSIONAL UK LIMITED | ARMSTRONG ROAD, BASINGSTOKE, HAMPSHIRE, UNITED KINGDOM, RG24 8NU | 06649987 | 2017-12-30 | 94,977,000 | 3,813,000 | |
COLEMAN COFFEE ROASTERS LIMITED | FERN VERROW, NEWTON ST. MARGARETS, HEREFORD, ENGLAND, HR2 0QF | 09476714 | 2018-03-31 | 372,507 | 0 | |
CARTWHEEL COFFEE LTD | C12 MARQUIS COURT, TEAM VALLEY, GATESHEAD, NE11 0RU | 09813520 | 2018-10-31 | 220,278 | 0 |
56102-Unlicensed restaurants and cafes |
MAUDE LIMITED | ARCHES 82-83, RAILWAY STREET, LEEDS, WEST YORKSHIRE, LS9 8HB | 09202252 | 2018-09-30 | 171,130 | 0 | |
EXTREME COFFEE LTD | MARSH FARM, CARRINGTON LANE, SALE, CHESHIRE, UNITED KINGDOM, M33 5NG | 08720015 | 2017-10-31 | 86,751 | 0 | |
FOOTPRINT COFFEE LTD. | EDNOL FARM, KINNERTON, PRESTEIGNE, POWYS, LD8 2PF | 07754429 | 2018-08-31 | 69,772 | 0 | |
DROP HOPPER LTD | UNIT 3 MASONSFIELD BUSINESS PARK, 9C KILMORE VILLAGE, DOWNPATRICK, BT30 9HP | NI631023 | 2018-04-30 | 36,827 | 0 |
56103-Take-away food shops and mobile food stands |
MANUMIT LIMITED | 33 TY DRAW ROAD, CARDIFF, UNITED KINGDOM, CF23 5HB | 10574939 | 2017-12-31 | 21,689 | 0 |
46370-Wholesale of coffee, tea, cocoa and spices 47910-Retail sale via mail order houses or via Internet |
STAG ROASTERS LIMITED | THE HILLS, GRAYS ROAD, GODALMING, UNITED KINGDOM, GU7 3LT | 11038259 | 2018-10-31 | 8,552 | 0 | |
LITTLE AND LONG LIMITED | 36 CHURCH LANE, EATON, NORWICH, NORFOLK, ENGLAND, NR4 6NY | 08491291 | 2018-03-31 | 1,080 | 0 |
77390-Renting and leasing of other machinery, equipment and tangible goods not elsewhere classified |
GEO COFFEE ROASTERS LIMITED | 36 CHURCH LANE, EATON, NORWICH, NORFOLK, ENGLAND, NR4 6NY | 08488934 | 2018-03-31 | 0 | 0 |
77390-Renting and leasing of other machinery, equipment and tangible goods not elsewhere classified |
JACOBS DOUWE EGBERTS PRO GB LTD | QUANTUM HOUSE 60 NORDEN ROAD, MAIDENHEAD, BERKSHIRE, UNITED KINGDOM, SL6 4AY | 01435632 | 0000-00-00 | 0 | 0 | |
THE SQUARE MILE COFFEE ROASTERS LTD | 2 EUROPE WAY, COCKERMOUTH, CUMBRIA, CA13 0RJ | 06314250 | 0000-00-00 | 0 | 0 | |
UCC EUROPE LIMITED | 13TH FLOOR, ONE ANGEL COURT, LONDON, UNITED KINGDOM, EC2R 7HJ | 08016911 | 0000-00-00 | 0 | 0 |
LIQUIDATION RISK (BETA)
This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis | Liquidation within 3 months | Liquidation within 6 months | Liquidation within 12 months | Prediction confidence |
---|---|---|---|---|
COVOYA LTD | 0.7% | 3.6% | 7.1% | Medium |
Other companies Active in the same sector | Too few competitors | |||
Age | 0.4% | 1.7% | 3.3% | Medium |
Company Type | 0.7% | 3.7% | 7.4% | Medium |
Accounts category | 0.7% | 2.2% | 3.8% | Medium |
Accounting Month | 0.6% | 2.4% | 5.5% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |