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Codeo Northern Europe Ltd

06013475

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

50 SEYMOUR STREET, LONDON, W1H 7JG
Incorporated 29/11/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46520
Wholesale of electronic and telecommunications equipment and parts
46690
Wholesale of other machinery and equipment
77390
Renting and leasing of other machinery, equipment and tangible goods
95110
Repair of computers and peripheral equipment

Officers

Mr Tony Jean Marie Duburcq

director · Since 01/05/2014

COMPANY DIRECTOR

FRENCH · UNITED KINGDOM · Age 56

Also on 4 other boards

Mr Charles Alain Arthur Bruneau

director · Since 20/07/2021

DIRECTOR

FRENCH · ENGLAND · Age 38

Also on 1 other board

Persons with Significant Control

Rhone Trading Sarl

75–100% shares
75–100% votes

608, Chemin De La Morelle, 69250 Curis-Au-Mont-D'Or

Reg: 481820934 · French Companies Registry · Limited Company

Notified 15/06/2023

Former PSCs

Mr Tony Jean Marie Duburcq

Ceased 20/04/2023

Matthieu Duburcq

Ceased 15/06/2023

Victor Duburcq

Ceased 15/06/2023

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 25/11/2014Registered 05/12/2014

CompanyRankvs 1811+ SIC 46520 peers
37

Financial strength28th percentile among SIC peers · 7/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.82× · 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 strength7/25 pts

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

Employees14/15 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 31/12/2024

Turnover

£3.1M

Annual revenue

Net Worth

£100

Balance sheet strength

Cash

£17k

Cash in the bank

Profit Before Tax

-£319k

Bottom line earnings

Net Current Assets

-£432k

Working capital

Current Assets

£2.0M

Current Liabilities

£2.4M

Fixed Assets

£206k

Debtors

£1.8M

Cost of Sales

£2.5M

Gross Profit

£601k

Admin Expenses

£837k

Operating Profit

-£284k

Profit After Tax

-£319k

9avg. employees+1

Balance Sheet

Assets less current liabilities-£226k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.82
20230.94
20211.01+£309k
20180.68

Derived from filed accounts. Not audited figures.