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Warecode Ltd

10008233

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

17 GREEN LANES, LONDON, N16 9BS
Incorporated 16/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Mr Yalcin Yavas

director · Since 16/02/2016

DIRECTOR

TURKISH · ENGLAND · Age 46

Mrs Nevin Coskun Yavas

director · Since 01/03/2022

COMPANY DIRECTOR

TURKISH · ENGLAND · Age 46

Persons with Significant Control

Mr Yalcin Yavas

75–100% shares
75–100% votes

Turkish · England · Age 46

17, Green Lanes, London, N16 9BS

Notified 06/04/2016

Mrs Nevin Coskun Yavas

50–75% shares

Turkish · England · Age 46

5, Kersington Crescent, Oxford, OX4 3RH

Notified 01/03/2022

CompanyRankvs 46314+ SIC 62012 peers
31

Financial strength13th percentile among SIC peers · 3/25
Employees17th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees3/15 pts

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

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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

Net Worth

-£7k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

Current Liabilities

£5k

0avg. employees-1

Tax at Year End(2020)

Corp tax£11k

Balance Sheet

Bank loans & overdrafts£5k
Assets less current liabilities-£2k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
2024-£1k
20223.53
20219.48
20202.20
20191.00
20181.00

Derived from filed accounts. Not audited figures.