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Cogent Technology Limited

01855453

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

DAIRY FARM OFFICE DAIRY ROAD, IPSWICH, IP7 6RA
Incorporated 15/10/1984

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26110
Manufacture of electronic components
26120
Manufacture of loaded electronic boards
26511
Manufacture of electronic instruments and appliances for measuring, testing, and navigation
27120
Manufacture of electricity distribution and control apparatus

Officers

Mr Daniel James Goddard

director · Since 02/10/2019

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 45

Mr Charles Paul Course

director · Since 19/01/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 40 other boards

Mr Gordon Watling

director · Since 11/02/2026

BRITISH · UNITED KINGDOM · Age 58

Also on 1 other board

Mr Bradley Sinclair

director · Since 25/03/2026

BRITISH · UNITED KINGDOM · Age 42

Also on 1 other board

Persons with Significant Control

Camden Boss Limited

75–100% shares

Dairy Farm Office, Dairy Road, Ipswich, IP7 6RA

Reg: 2009736 · Company House England And Wales · Limited Company

Notified 18/01/2024

Former PSCs

Mr John David Pratt

Ceased 18/01/2024

Mrs Deborah Jane Pratt

Ceased 18/01/2024

Charges1 outstanding

Charge
outstanding

CAMDEN BOSS LIMITED

Created 29/10/2024Registered 04/11/2024
Charge
satisfied

RBS INVOICE FINANCE LTD

Created 31/03/2022Registered 13/04/2022Satisfied 09/05/2024
Charge
satisfied

NATIONAL WESTMINSTER BANK PUBLIC LIMITED COMPANY

Created 02/06/2021Registered 07/06/2021Satisfied 05/04/2022
charge
satisfied

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

Created 18/01/2002Registered 24/01/2002Satisfied 18/05/2021
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/10/1990Registered 25/10/1990Satisfied 18/05/2021

CompanyRankvs 6280+ SIC 26110 peers
41

Financial strength1th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.7× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 pts

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

Liquidity16/20 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/10/2024

Turnover

£4.5M

Annual revenue

Net Worth

-£783k

Balance sheet strength

Cash

£115k

Cash in the bank

Profit Before Tax

-£2.1M

Bottom line earnings

Net Current Assets

£1.4M

Working capital

Current Assets

£3.4M

Current Liabilities

£2.0M

Fixed Assets

£841k

Debtors

£685k

Cost of Sales

£3.8M

Gross Profit

£620k

Admin Expenses

£3.0M

Operating Profit

-£2.4M

Profit After Tax

-£2.1M

110avg. employees-6

Tax at Year End(2020)

Corp tax£311k

Director Loans(2019)

Company owes directors£108k

People Costs

Wages & salaries£2.6M
NI contributions£224k

Balance Sheet

Assets less current liabilities£2.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.70-£2.1M
20231.15-£897k
20221.27-£1.4M
20203.22+£2.9M
20191.40+£30k
20181.31

Derived from filed accounts. Not audited figures.