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Sneed Coding Solutions Ltd

12834866

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

1 CHAPEL STREET, WARWICK, CV34 4HL
Incorporated 25/08/2020

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 24/08/2025

Due 07/09/2026

On track

Industry

46660
Wholesale of other office machinery and equipment

Officers

Goodwille Limited

secretary · Since 25/08/2020

BRITISH

Also on 643 other boards

Mr Bryan Michelson Sneed

director · Since 25/08/2020

COMPANY DIRECTOR

AMERICAN · UNITED STATES · Age 46

Persons with Significant Control

Mr Bryan Michelson Sneed

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

American · United States · Age 46

1, Chapel Street, Warwick, CV34 4HL

Notified 25/08/2020

CompanyRankvs 2130+ SIC 46660 peers
49

Financial strength70th percentile among SIC peers · 18/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 2.34× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength18/25 pts

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

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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.

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 31/12/2024

Net Worth

£51k

Balance sheet strength

Cash

£88k

Cash in the bank

Net Current Assets

£51k

Working capital

Current Assets

£90k

Current Liabilities

£38k

Debtors

£804

Tax at Year End

Corp tax£12k
VAT£11k

Balance Sheet

Assets less current liabilities£51k
Signed by Mr Bryan Sneed 31/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.34+£37k£221k
20231.51+£33k£186k
20220.45-£7k—
20211.02——

Derived from filed accounts. Not audited figures.