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Launchcode Limited

03088253

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

2ND FLOOR, ST. ALBANS, AL1 3RD
Incorporated 07/08/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

72190
Other research and experimental development on natural sciences and engineering

Officers

Mr David Charles Hammond

director · Since 21/08/1995

ENGINEER

BRITISH · UNITED KINGDOM · Age 82

Also on 1 other board

Mr Harry Charles Hammond

director · Since 05/10/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 30

Also on 8 other boards

Persons with Significant Control

Mr David Charles Hammond

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 82

Bury Farm, Church Street, Hemel Hempstead, HP3 0LU

Notified 06/04/2016

CompanyRankvs 346+ SIC 72190 peers
82

Financial strength88th percentile among SIC peers · 22/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 4.23× · 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.

Employees10/15 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 30/11/2024

Net Worth

£280k

Balance sheet strength

Cash

£59k

Cash in the bank

Net Current Assets

£64k

Working capital

Current Assets

£84k

Current Liabilities

£20k

Fixed Assets

£228k

Debtors

£25k

2avg. employees

Tax at Year End

Corp tax£4k

Balance Sheet

Assets less current liabilities£292k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20244.23-£21k
20234.46+£15k
20226.40-£12k
202113.90+£11k
20204.48+£17k
20192.45+£24k
20183.29

Derived from filed accounts. Not audited figures.