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Codasine Ltd

12571017

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

15 THEYDON AVENUE, MILTON KEYNES, MK17 8PN
Incorporated 24/04/2020

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 23/04/2026

Due 07/05/2027

On track

Industry

71121
Engineering design activities for industrial process and production

Officers

Wayne John Sargeant

director · Since 24/04/2020

DIRECTOR

BRITISH · ENGLAND · Age 57

Mr James Marcus Scott

director · Since 24/04/2020

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 1 other board

Persons with Significant Control

Wayne John Sargeant

25–50% shares
25–50% votes

British · England · Age 57

16, Venetia Road, London, N4 1EJ

Notified 24/04/2020

James Marcus Scott

25–50% shares
25–50% votes

British · England · Age 36

15, Theydon Avenue, Milton Keynes, MK17 8PN

Notified 24/04/2020

Former PSCs

Jonathan Simon Williams

Ceased 02/12/2021

CompanyRankvs 8046+ SIC 71121 peers
26

Financial strength10th percentile among SIC peers · 3/25
Employees13th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity6 years trading (max 15) · 6/15
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.

Employees2/15 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.

Longevity6/15 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 30/04/2025

Net Worth

-£4k

Balance sheet strength

Cash

£235

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

Current Liabilities

£4k

0avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearImplied Profit
2025-£424
2024-£424
2023-£499
2022-£481

Derived from filed accounts. Not audited figures.