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Recode Studio Ltd

13664895

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

651A MAULDETH ROAD WEST, MANCHESTER, M21 7SA
Incorporated 06/10/2021

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 07/10/2025

Due 21/10/2026

On track

Industry

59111
Motion picture production activities

Officers

Mr Paul Edward Mchugh

director · Since 06/10/2021

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 3 other boards

Mr Gareth Howard Turner

director · Since 06/10/2021

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Persons with Significant Control

Mr Gareth Howard Turner

25–50% shares

British · England · Age 45

651a Mauldeth Road West, Chorlton, Manchester, M21 7SA

Notified 06/10/2021

Mr Paul Edward Mchugh

25–50% shares

British · England · Age 58

651a Mauldeth Road West, Chorlton, Manchester, M21 7SA

Notified 06/10/2021

Former PSCs

Carbon Digital Limited

Ceased 06/10/2021

Sbs Audio Visual Ltd

Ceased 06/10/2021

Charges1 outstanding

Charge
outstanding

NUCLEUS CASH FLOW FINANCE2 LIMITED

Created 27/02/2024Registered 01/03/2024

CompanyRankvs 4428+ SIC 59111 peers
50

Financial strength82th percentile among SIC peers · 21/25
Employees45th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.21× · 12/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 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.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£34k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£66k

Current Liabilities

£54k

Fixed Assets

£237k

1avg. employees

Balance Sheet

Assets less current liabilities£249k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.21-£17k
20231.59+£9k
20222.53

Derived from filed accounts. Not audited figures.