Back to search

Code Property Developments Limited

05561766

active
Private Limited Company
england wales
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

65 DUKE STREET, DARLINGTON, DL3 7SD
Incorporated 13/09/2005

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 13/09/2025

Due 27/09/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr. Ernest Sutton Million

secretary · Since 13/09/2007

DIRECTOR

BRITISH · ENGLAND · Age 80

Also on 3 other boards

Mr Adam Christian Watson

director · Since 06/04/2008

HAIRDRESSER PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 55

Also on 4 other boards

Persons with Significant Control

Mr Paul Sutton Million

25–50% shares
25–50% votes

British · United Kingdom · Age 55

65 Duke Street, Darlington, DL3 7SD

Notified 06/04/2016

Mr Adam Christian Watson

25–50% shares
25–50% votes

British · England · Age 55

Greenfields, Knox Park, Harrogate

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

HAMPSHIRE TRUST BANK PLC

Created 09/05/2025Registered 20/05/2025
Charge
outstanding

KENSINGTON MORTGAGE COMPANY LIMITED

Created 17/12/2021Registered 21/12/2021
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 30/10/2020Registered 02/11/2020
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 30/10/2020Registered 02/11/2020
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 09/05/2008Registered 14/05/2008Satisfied 26/03/2025
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 04/04/2008Registered 18/04/2008Satisfied 26/03/2025
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 27/03/2008Registered 01/04/2008Satisfied 26/03/2025

CompanyRankvs 96692+ SIC 68209 peers
47

Financial strength82th percentile among SIC peers · 21/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.85× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength21/25 pts

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

Employees0/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2024

Net Worth

£176k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£34k

Working capital

Current Assets

£194k

Current Liabilities

£227k

Fixed Assets

£858k

Debtors

£185k

Balance Sheet

Assets less current liabilities£824k
Signed by Mr Adam Watson Mr Paul Million 20/12/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.85-£53k
20231.12-£307k
20220.19+£481k
20210.82+£13k
20200.54+£2k
20190.54

Derived from filed accounts. Not audited figures.