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Coda Systems Limited

01470428

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

3 WARNERS MILL, BRAINTREE, CM7 3GB
Incorporated 01/01/1980

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46760
Wholesale of other intermediate products
74100
Specialised design activities

Officers

Mr Howard Stanford Davis

director · Since 08/03/1996

CHIEF TECHNICAL OFFICER

BRITISH · UNITED KINGDOM · Age 60

Mr Harvey Neil Gareth Davis

director · Since 01/02/1999

CHIEF EXECUTIVE OFFICER

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Mr Harvey Neil Gareth Davis

secretary · Since 01/07/2001

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Mr Ian Carne

director · Since 01/02/2021

CHIEF OPERATING OFFICER

BRITISH · UNITED KINGDOM · Age 61

Persons with Significant Control

Mr Howard Stanford Davis

25–50% shares

British · United Kingdom · Age 60

3 Warners Mill, Silks Way, Braintree, CM7 3GB

Notified 06/04/2016

Mr Harvey Neil Gareth Davis

25–50% shares

British · England · Age 57

3 Warners Mill, Silks Way, Braintree, CM7 3GB

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

COLIN DAVIS

Created 13/03/2006Registered 16/03/2006Satisfied 29/08/2023
charge
satisfied

LLOYDS BANK LTD

Created 28/11/1980Registered 29/11/1980Satisfied 29/08/2023
charge
satisfied

LLOYDS BANK LTD

Created 12/02/1980Registered 14/02/1980Satisfied 29/08/2023

CompanyRankvs 170+ SIC 46760 peers
84

Financial strength88th percentile among SIC peers · 22/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 3.74× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/01/2025

Net Worth

£1.4M

Balance sheet strength

Cash

£587k

Cash in the bank

Net Current Assets

£999k

Working capital

Current Assets

£1.4M

Current Liabilities

£365k

Fixed Assets

£402k

Debtors

£209k

8avg. employees

Balance Sheet

Assets less current liabilities£1.4M
Signed by 01470428 2024-02-01 2025-01-31 01470428 2025-01-31 01470428 bus:OrdinaryShareClass1 2025-01-31 01470428 core:CurrentFinaPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20253.74-£116k
20244.54-£138k
20232.89+£185k
20223.06-£167k
20215.24+£281k
20193.39

Derived from filed accounts. Not audited figures.