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Cudo Ventures Ltd

11065412

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

128 CITY ROAD, LONDON, EC1V 2NX
Incorporated 15/11/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
63110
Data processing, hosting and related activities

Officers

Mr Mathew Hawkins

director · Since 15/11/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Mr Lee Woodham

director · Since 14/09/2021

CHIEF OPERATING OFFICER

BRITISH · ENGLAND · Age 52

Mr David Christopher Bell

director · Since 01/12/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 6 other boards

Mr Mark Denney

director · Since 01/12/2023

INFORMATION TECHNOLOGY

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Mr Mathew Hawkins

50–75% shares
75–100% votes

British · United Kingdom · Age 51

128, City Road, London, EC1V 2NX

Notified 15/11/2017

Former PSCs

Mr Duncan Cook

Ceased 01/02/2019

Mr David Pedrini

Ceased 14/09/2018

Charges0 outstanding

Charge
satisfied

ROCKING HORSE SOLUTIONS UK LIMITED

Created 17/09/2024Registered 17/09/2024Satisfied 21/12/2024

CompanyRankvs 34623+ SIC 62012 peers
41

Financial strength0th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.12× · 2/20
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 strength0/25 pts

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

Employees15/15 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.

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 31/12/2024

Net Worth

-£4.2M

Balance sheet strength

Cash

£863k

Cash in the bank

Net Current Assets

-£7.8M

Working capital

Current Assets

£1.0M

Current Liabilities

£8.8M

Fixed Assets

£4.0M

Debtors

£170k

28avg. employees

Balance Sheet

Intangible assets£2.5M
Assets less current liabilities-£3.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.12-£1.0M
20230.25-£4.0M
20221.11-£4.2M
20210.63+£5.9M
20201.25+£942k
20190.58

Derived from filed accounts. Not audited figures.