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Codwellers.Com Ltd

06668360

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

UNIT V103 VOX STUDIOS, LONDON, SE11 5JH
Incorporated 08/08/2008

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/12/2025

Due 19/12/2026

On track

Industry

62012
Business and domestic software development
68320
Management of real estate on a fee or contract basis

Officers

Mr David Piggin

director · Since 08/08/2008

CHIEF EXECUTIVE OFFICER

BRITISH · ENGLAND · Age 62

Mr Alan Magrath

director · Since 28/02/2019

TECHNOLOGY CONSULTANT

BRITISH · ENGLAND · Age 57

Mr Parimal Raojibhai Patel

director · Since 14/08/2024

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 17 other boards

Mr Duncan Llewelyn Rendall

director · Since 14/08/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 10 other boards

Mrs Claire Elizabeth Anne Shepherd

director · Since 14/08/2024

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 3 other boards

Persons with Significant Control

Odevo Uk Limited

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

4th Floor, 20 Red Lion Street, London, WC1R 4PS

Reg: 13113041 · Companies House, England And Wales · Private Limited Company

Notified 14/08/2024

Former PSCs

Mr David Spencer Piggin

Ceased 14/08/2024

Charges0 outstanding

Charge
satisfied

HSBC BANK PLC

Created 06/02/2014Registered 08/02/2014Satisfied 12/03/2020

CompanyRankvs 247760+ SIC 62012 peers
59

Financial strength6th percentile among SIC peers · 2/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.04× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 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.

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

Key FinancialsYear ending 31/12/2023

Net Worth

-£49k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

£32k

Working capital

Current Assets

£738k

Current Liabilities

£707k

Fixed Assets

£22k

Debtors

£723k

28avg. employees+4

Tax at Year End

VAT£80k

Balance Sheet

Bank loans & overdrafts£72k
Assets less current liabilities£54k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20231.04+£183k£1.6M
20220.88-£32k
20211.00+£139k
20200.97+£132k
20190.80-£138k
20181.25

Derived from filed accounts. Not audited figures.