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Codenet Securities Limited

06810945

active
Private Limited Company
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

17 BELGRAVE CLOSE, WALTON-ON-THAMES, KT12 5PH
Incorporated 05/02/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Maduabuchi Chike Ezekwugo

director · Since 05/02/2009

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 1 other board

Persons with Significant Control

Mr Maduabuchi Chike Ezekwugo

Significant control

British · United Kingdom · Age 50

17, Belgrave Close, Walton-On-Thames, KT12 5PH

Notified 06/04/2016

CompanyRankvs 136463+ SIC 70229 peers
40

Financial strength6th percentile among SIC peers · 2/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio -1.45× · 2/20
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.

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 28/02/2023

Net Worth

-£16k

Balance sheet strength

Cash

£142

Cash in the bank

Net Current Assets

£240

Working capital

Current Assets

£142

Current Liabilities

-£98

Fixed Assets

£30k

1avg. employees

Tax at Year End

Corp tax-£98
VAT£6k

Director Loans

Company owes directors£17k

Balance Sheet

Assets less current liabilities£30k
Signed by Mr Maduabuchi Ezekwugo 25 October 2023Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20231.45-£13k£111k
20220.03£111k
20210.01£125k

Derived from filed accounts. Not audited figures.