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Code Commodities Limited

12259405

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)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

C\O SWINTON ACCOUNTANTS, PARK FARM HOTEL, NORWICH ROAD, NR9 3DL
Incorporated 14/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64991
Security dealing on own account
70229
Management consultancy activities

Officers

Ms Monica Jane Radley

director · Since 14/10/2019

DIRECTOR

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Ms Monica Jane Radley

75–100% shares
75–100% votes
Appoint directors

British · England · Age 47

C\O, Swinton Accountants, Park Farm Hotel, Norwich Road, NR9 3DL

Notified 14/10/2019

CompanyRankvs 2676+ SIC 64991 peers
24

Financial strength6th percentile among SIC peers · 2/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.26× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees8/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/10/2024

Net Worth

-£49k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

-£57k

Working capital

Current Assets

£20k

Current Liabilities

£77k

Fixed Assets

£8k

1avg. employees

Tax at Year End

Corp tax£3k

Director Loans

Company owes directors£77k

Balance Sheet

Assets less current liabilities-£49k
Signed by Ms Monica Radley 24th June 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.26-£2k
20230.33—

Derived from filed accounts. Not audited figures.