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Codandco Ltd

11972321

active
ltd
england wales
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

239-241 Kennington Lane, London, SE11 5QU
Incorporated 01/05/2019

Compliance

Last accounts

31/03/2026

micro entity

Next accounts due

31/12/2027

On track

Confirmation statement

Last: 30/04/2026

Due 14/05/2027

On track

Industry

56101
Licensed restaurants
56102
Unlicensed restaurants and cafes
56103
Take-away food shops and mobile food stands
56290
Other food service activities

Officers

Mr Fabio De Nicola

director · Since 01/05/2019

RESTAURANT MANAGER

ITALIAN · UNITED KINGDOM · Age 45

Also on 1 other board

Mrs Ilanit Ovadya

director · Since 01/05/2019

OPERATION MANAGER

FRENCH · UNITED KINGDOM · Age 42

Also on 1 other board

Mr Moreno Polverini

director · Since 23/07/2019

CHEF

ITALIAN · UNITED KINGDOM · Age 50

Mrs Elif Taner Polverini

director · Since 23/07/2019

DIRECTOR

TURKISH · UNITED KINGDOM · Age 42

Fabio De Nicola

director · Since 01/05/2019

Italian · United Kingdom · Age 45

Ilanit Ovadya

director · Since 01/05/2019

French · United Kingdom · Age 42

Moreno Polverini

director · Since 23/07/2019

Italian · United Kingdom · Age 50

Elif Taner Polverini

director · Since 23/07/2019

Turkish · United Kingdom · Age 42

Persons with Significant Control

Former PSCs

Mrs Ilanit Ovadya

Ceased 23/07/2019

Mr Fabio De Nicola

Ceased 23/07/2019

Mrs Ilanit Ovadya

Ceased 26/02/2020

Mr Fabio De Nicola

Ceased 26/02/2020

Change History

officer appointedDE NICOLA, Fabio
2026-07-27
officer appointedOVADYA, Ilanit
2026-07-27
officer appointedPOLVERINI, Moreno
2026-07-27
officer appointedTANER POLVERINI, Elif
2026-07-27
statusactive
2026-07-27

Active

typeltd
2026-07-27

Private Limited Company

address line1239-241 Kennington Lane
2026-07-27

239-241 KENNINGTON LANE

post townLondon
2026-07-27

LONDON

CompanyRankvs 20564+ SIC 56101 peers
38

Financial strength28th percentile among SIC peers · 7/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.42× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength7/25 pts

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

Employees7/15 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.

Longevity7/15 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 31/03/2026

Net Worth

-£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£182k

Working capital

Current Assets

£132k

Current Liabilities

£314k

Fixed Assets

£178k

4avg. employees

Balance Sheet

Assets less current liabilities-£3k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20260.42
20250.32
20240.18+£3k
20230.17

Derived from filed accounts. Not audited figures.