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Healthcode Limited

03867872

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

10 ORANGE STREET, LONDON, WC2H 7DQ
Incorporated 28/10/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Peter Michael Connor

director · Since 01/08/2006

MANAGING DIRECTOR

UNITED KINGDOM · UNITED KINGDOM · Age 57

Also on 1 other board

Miss Jenny Murray

secretary · Since 21/04/2021

Ms Romana Abdin

director · Since 09/02/2022

BARRISTER

BRITISH · ENGLAND · Age 62

Also on 8 other boards

Mr Peter Dowling-Lynch

director · Since 22/07/2022

HEAD OF SERVICE FEE TRANSFORMATION

BRITISH · ENGLAND · Age 40

Mr Matthew Alan Vardy

director · Since 21/02/2024

FINANCIAL DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 10 other boards

Mr Daniel Cyprus

director · Since 12/09/2024

GROUP OPERATIONS DEVELOPMENT DIRECTOR

BRITISH · ENGLAND · Age 56

Mr John Pagdin

director · Since 12/09/2024

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 43

Miss Tasneem Basheer Harnekar

director · Since 16/09/2025

ACTUARY

BRITISH · ENGLAND · Age 39

Also on 2 other boards

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 13/06/2016Registered 16/06/2016
charge
satisfied

AUDLEY COURT LIMITED

Created 24/01/2011Registered 28/01/2011Satisfied 26/04/2016

CompanyRankvs 141000+ SIC 62090 peers
56

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.73× · 6/20
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 strength25/25 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.

Liquidity6/20 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

Based on this review, the directors do not believe there are any material uncertainties that would cast doubt on the company's ability to continue as a going concern. Future developments Healthcode remains focused on evolving its business in line with its current strategic direction. Principal risks and uncertainties Healthcode continues to explore funding option

Key FinancialsYear ending 31/12/2024

Turnover

£12.0M

Annual revenue

Net Worth

£3.5M

Balance sheet strength

Cash

£2.4M

Cash in the bank

Profit Before Tax

£1.2M

Bottom line earnings

Net Current Assets

-£1.5M

Working capital

Current Assets

£4.0M

Current Liabilities

£5.5M

Fixed Assets

£5.1M

Debtors

£1.7M

Gross Profit

£12.0M

Admin Expenses

£10.8M

Operating Profit

£1.2M

Profit After Tax

£1.3M

77avg. employees-5

People Costs

Wages & salaries£4.6M
NI contributions£498k

Balance Sheet

Intangible assets£4.8M
Assets less current liabilities£3.6M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.73+£1.3M
20230.75+£1.2M
20211.29+£457k
20201.05-£488k
20190.87

Derived from filed accounts. Not audited figures.