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Qodea Technology Limited

05702796

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

17 MARBLE STREET, MANCHESTER, M2 3AW
Incorporated 08/02/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62030
Computer facilities management activities

Officers

Mr Alan Gordon Paton

director · Since 20/01/2025

CHIEF EXECUTIVE OFFICER

BRITISH · UNITED KINGDOM · Age 52

Also on 12 other boards

Mr Paul Nicholas Hoyle

director · Since 04/11/2025

CHIEF REVENUE OFFICER

BRITISH · ENGLAND · Age 43

Also on 7 other boards

Persons with Significant Control

Ruby Bidco Limited

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

17, C/O Cloud Technology Solutions Limited, Manchester, M2 3AW

Reg: 14468047 · United Kingdom · Company Limited By Shares

Notified 31/10/2023

Former PSCs

Mr Michael Tarcisius Conner

Ceased 31/10/2023

Dr Natasha Jane Conner

Ceased 31/10/2023

Charges1 outstanding

Charge
outstanding

GLAS TRUST CORPORATION LIMITED

Created 29/07/2024Registered 29/07/2024

CompanyRankvs 207+ SIC 62030 peers
62

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.37× · 12/20
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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207Qodea Technology Limited
82
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.

Liquidity12/20 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

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/03/2023

Net Worth

£8.7M

Balance sheet strength

Cash

£11.9M

Cash in the bank

Net Current Assets

£8.6M

Working capital

Current Assets

£31.7M

Current Liabilities

£23.1M

Fixed Assets

£171k

Debtors

£19.8M

Profit After Tax

£1.8M

228avg. employees+40

Tax at Year End

Corp tax£384k
Dividends paid£925k

Director Loans

Directors owe company£695k

Balance Sheet

Assets less current liabilities£8.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20231.37+£1.5M
20221.41+£3.2M
20211.46—

Derived from filed accounts. Not audited figures.