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Procode Technology Limited

05672058

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

HUTWOOD COURT BOURNEMOUTH ROAD, EASTLEIGH, SO53 3QB
Incorporated 11/01/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr William Nicholas Bullen

director · Since 19/05/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 11 other boards

Mr Ashley Ian Milne

director · Since 01/01/2023

CHARTERED ACCOUNTANT

ENGLISH · UNITED KINGDOM · Age 40

Also on 11 other boards

James Rhys Salmon

secretary · Since 12/11/2024

Persons with Significant Control

Luxion Group Limited

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

Hutwood Court, Bournemouth Road, Eastleigh, SO53 3QB

Notified 19/05/2022

Former PSCs

Gilmond Holdings Ltd

Ceased 03/05/2018

Mr Robert Gerard Gildert

Ceased 19/05/2022

Mr Roy John Hunter Richmond

Ceased 11/11/2019

Mrs Sasha Jane Gildert

Ceased 19/05/2022

Charges3 outstanding

Charge
outstanding

EDF ENERGY LIMITED

Created 30/07/2024Registered 01/08/2024
Charge
outstanding

UTILITA ENERGY LIMITED

Created 21/03/2024Registered 05/04/2024
Charge
satisfied

ROBERT GERARD GILDERT · ROY JOHN HUNTER RICHMOND

Created 12/08/2021Registered 17/08/2021Satisfied 20/05/2022
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/10/2020Registered 04/11/2020
charge
satisfied

GLANMORE INVESTMENTS LIMITED

Created 15/12/2006Registered 05/01/2007Satisfied 09/08/2021

CompanyRankvs 163+ SIC 62012 peers
80

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.05× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2021

Net Worth

£1.9M

Balance sheet strength

Cash

£295k

Cash in the bank

Net Current Assets

£343k

Working capital

Current Assets

£669k

Current Liabilities

£326k

Fixed Assets

£4.2M

Debtors

£374k

48avg. employees-14

Balance Sheet

Intangible assets£4.2M
Assets less current liabilities£4.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20212.05-£220k
20201.92+£697k
20192.33—

Derived from filed accounts. Not audited figures.