Codeface Limited
03828990
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/10/1999
SOFTWARE DEVELOPER
BRITISH · ENGLAND · Age 55
Also on 1 other board
Persons with Significant Control
Mr Richard James Mcgregor
British · England · Age 55
134-140, Office 6, Kingsway House, Hove, BN3 2DL
Notified 01/08/2016
CompanyRankvs 21456+ SIC 62090 peers58
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/08/2024
Net Worth
-£13k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£7k
Working capital
Current Assets
£50k
Current Liabilities
£43k
Fixed Assets
£2
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.16 | -£70k |
| 2023 | 0.33 | -£39k |
| 2022 | 5.16 | +£122k |
| 2021 | 0.72 | -£21k |
| 2020 | 0.83 | +£32k |
| 2019 | 0.39 | -£34k |
| 2018 | 0.92 | — |
Derived from filed accounts. Not audited figures.