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Bycodeit Ltd

07848975

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

21 ALLENBY ROAD, LONDON, SE23 2RQ
Incorporated 16/11/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr William Thomas Padmore

director · Since 16/11/2011

SOFTWARE

ENGLISH · ENGLAND · Age 62

Persons with Significant Control

Mr William Thomas Padmore

75–100% shares
Appoint directors

English · England · Age 62

21, Allenby Road, London, SE23 2RQ

Notified 06/04/2016

CompanyRankvs 23058+ SIC 62012 peers
74

Financial strength73th percentile among SIC peers · 18/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio Infinity× · 20/20
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 strength18/25 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.

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.

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

Key FinancialsYear ending 31/12/2024

Turnover

£26k

Annual revenue

Net Worth

£20k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£20k

Working capital

Current Assets

£20k

Current Liabilities

£0

Fixed Assets

£0

Profit After Tax

£2k

1avg. employees

Balance Sheet

Depreciation£0
Assets less current liabilities£20k
Signed by 1.1.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
2024Infinity+£3k
20237.47+£2k
2022Infinity+£0
2022Infinity-£6k
2021Infinity+£727
2020Infinity+£6k
2019Infinity-£14k
2018Infinity

Derived from filed accounts. Not audited figures.