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Code Group Ltd

12909059

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)

Details

12-13 LANSDOWNE TERRACE, NEWCASTLE UPON TYNE, NE3 1HN
Incorporated 28/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities
82990
Other business support service activities

Officers

Mr Michael Brian Matson

director · Since 28/09/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 3 other boards

Persons with Significant Control

Mr Fabian Sebastian Thorpe

75–100% shares

British · England · Age 45

12-13, Lansdowne Terrace, Newcastle Upon Tyne, NE3 1HN

Notified 04/11/2021

Former PSCs

Mr Ian Smith

Ceased 04/11/2021

Mr Michael Brian Matson

Ceased 04/11/2021

Arc Investment Services Limited

Ceased 28/09/2020

CompanyRankvs 19233+ SIC 64999 peers
38

Financial strength2th percentile among SIC peers · 1/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.55× · 6/20
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 strength1/25 pts

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

Employees10/15 pts

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

Liquidity6/20 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 30/09/2024

Net Worth

-£208k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£187k

Working capital

Current Assets

£226k

Current Liabilities

£413k

Fixed Assets

£593

2avg. employees

Balance Sheet

Assets less current liabilities-£187k

EstimatesDerived

YearCurrent RatioImplied Profit
20240.55-£43k
20230.57-£18k
20220.33

Derived from filed accounts. Not audited figures.