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Why Not Code Ltd

09412452

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

3RD FLOOR 86-90, LONDON, EC2A 4NE
Incorporated 29/01/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Christopher Temple

director · Since 29/01/2015

SOFTWARE DEVELOPER

IRISH · NORTHERN IRELAND · Age 38

Mrs Rachel Temple

director · Since 18/12/2018

DIRECTOR

IRISH · NORTHERN IRELAND · Age 38

Persons with Significant Control

Mr Christopher James Temple

Significant control

Irish · Northern Ireland · Age 38

3rd Floor 86-90, Paul Street, London, EC2A 4NE

Notified 06/04/2016

Mrs Rachel Temple

25–50% shares
25–50% votes

Irish · Northern Ireland · Age 38

3rd Floor 86-90, Paul Street, London, EC2A 4NE

Notified 06/04/2016

CompanyRankvs 6606+ SIC 62020 peers
79

Financial strength89th percentile among SIC peers · 22/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4.69× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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6606Why Not Code Ltd
79
How is this score calculated?
Financial strength22/25 pts

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

Employees11/15 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.

Longevity11/15 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 31/01/2025

Net Worth

£119k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£117k

Working capital

Current Assets

£148k

Current Liabilities

£32k

Fixed Assets

£2k

2avg. employees

Balance Sheet

Assets less current liabilities£119k
Signed by Christopher James Temple Date of approval: 31/07/2025 The company was trading for the entire period

EstimatesDerived

YearCurrent RatioImplied Profit
20254.69+£36k
20244.95+£12k
20235.85+£10k
20223.51-£50k
20215.68—

Derived from filed accounts. Not audited figures.