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Codewave Limited

10676552

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

OFFICE 7, LONDON, EC4M 7JN
Incorporated 17/03/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Justinas Simutis

director · Since 17/03/2017

SOFTWARE ENGINNER

LITHUANIAN · ENGLAND · Age 47

Also on 1 other board

Mrs Jurgita Simutiene

secretary · Since 10/04/2017

Also on 1 other board

Mrs Jurgita Simutiene

director · Since 01/12/2017

FINANCIAL CONTROLLER

LITHUANIAN · UNITED KINGDOM · Age 48

Also on 1 other board

Persons with Significant Control

Mr Justinas Simutis

25–50% shares
25–50% votes
Appoint directors

Lithuanian · England · Age 47

Office 7, 35-37 Ludgate Hill, London, EC4M 7JN

Notified 17/03/2017

Mrs Jurgita Simutiene

25–50% shares
25–50% votes
Appoint directors

Lithuanian · United Kingdom · Age 48

Office 7, 35-37 Ludgate Hill, London, EC4M 7JN

Notified 01/02/2019

CompanyRankvs 15966+ SIC 62012 peers
62

Financial strength61th percentile among SIC peers · 15/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.01× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength15/25 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.

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.

Longevity9/15 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 31/03/2025

Net Worth

£5k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£162

Working capital

Current Assets

£15k

Current Liabilities

£15k

Fixed Assets

£5k

2avg. employees

Balance Sheet

Assets less current liabilities£5k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.01+£10k
20240.08
20230.72
20220.76
20210.91
20201.86-£17k
20192.62

Derived from filed accounts. Not audited figures.