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Godel Technologies Europe Limited

04551774

active
Private Limited Company
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

9TH FLOOR, NEO, MANCHESTER, M1 4ET
Incorporated 02/10/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Robert Nugent

director · Since 01/08/2012

DIRECTOR

BRITISH · UNITED ARAB EMIRATES · Age 43

Also on 1 other board

Mr Robert Nugent

secretary · Since 01/09/2012

Also on 1 other board

Mr Gareth James Ainsworth

director · Since 21/05/2024

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 45

Also on 4 other boards

Mr Cameron William Fletcher

director · Since 28/08/2025

ACCOUNTANT

BRITISH · ENGLAND · Age 23

Also on 23 other boards

Persons with Significant Control

Godel Technologies Limited

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

9th Floor, Neo, Charlotte Street, Manchester, M1 4ET

Reg: 05269140 · Companies House · Private Company Limited By Shares

Notified 06/04/2016

Former PSCs

Mr Scott Jonathan Fletcher

Ceased 07/04/2016

Charges4 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 07/01/2026Registered 08/01/2026
Charge
outstanding

HSBC BANK PLC

Created 03/06/2025Registered 04/06/2025
Charge
outstanding

HSBC UK BANK PLC

Created 19/03/2025Registered 19/03/2025
Charge
outstanding

HSBC BANK PLC

Created 27/04/2018Registered 01/05/2018
Charge
satisfied

LOWRY TRADING LTD AS SECURITY TRUSTEE FOR THE SECURED PARTIES (SECURITY TRUSTEE)

Created 27/04/2018Registered 30/04/2018Satisfied 27/03/2025

CompanyRankvs 122+ SIC 62012 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.39× · 20/20
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.

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.

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

lead to significant doubt upon the Company's ability to continue as a going concern. Thus, the Directors have continued to adopt the going concern basis of accounting in preparing these financial statements. Matters covered in the Strategic Report As permitted by Paragraph 1A of Schedule 7 to the Large and Medium-sized companies and Groups (Acc

Key FinancialsYear ending 31/12/2023

Turnover

£81.2M

Annual revenue

Net Worth

£21.9M

Balance sheet strength

Cash

£14.3M

Cash in the bank

Profit Before Tax

£10.3M

Bottom line earnings

Net Current Assets

£20.7M

Working capital

Current Assets

£35.6M

Current Liabilities

£14.9M

Fixed Assets

£1.1M

Debtors

£21.3M

Cost of Sales

£67.0M

Gross Profit

£14.3M

Admin Expenses

£5.2M

Operating Profit

£10.1M

Profit After Tax

£8.4M

45avg. employees

Tax at Year End

Corp tax£854k
Dividends paid£15.1M

People Costs

Wages & salaries£16.2M
NI contributions£339k

Balance Sheet

Intangible assets£937k
Assets less current liabilities£21.9M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20232.39-£6.7M
20223.02+£8.7M
20202.91+£10.1M
20192.40

Derived from filed accounts. Not audited figures.