Back to search

Cordic Technology Limited

13798165

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

SUITE 2, LDH HOUSE, ST. IVES, PE27 4AA
Incorporated 13/12/2021

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/12/2025

Due 26/12/2026

On track

Industry

62012
Business and domestic software development

Officers

Mr Idris Huw Mortifee Davies

director · Since 04/05/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 5 other boards

Mr Simon Ivor Veingard

director · Since 21/05/2024

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 5 other boards

Persons with Significant Control

Cabfusion Ltd

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

9, Park Place, Harefield, UB9 6EJ

Reg: 14603503 · United Kingdom · Limited Company

Notified 15/05/2023

Former PSCs

Mr Michael James Patton

Ceased 04/05/2022

Oak Cl Holdings Limited

Ceased 15/05/2023

Charges1 outstanding

Charge
outstanding

OAK CG LIMITED

Created 23/05/2025Registered 27/05/2025
Charge
satisfied

OAKFIELD CAPITAL III LP

Created 04/05/2022Registered 10/05/2022Satisfied 22/05/2023

CompanyRankvs 30867+ SIC 62012 peers
35

Financial strength32th percentile among SIC peers · 8/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.19× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Arden Software Limited
90
2Animation 2000 Limited
90
3Clive Holmes Limited
90
4H. & A.K. Fletcher Limited
90
5Datastor Systems Limited
90
6Xenith Document Systems Ltd
90
7Tba Doncaster Limited
90
8Industrial Tool Supplies (London) Limited
90
9Computair Limited
90
10Autoscribe Limited
90
30867Cordic Technology Limited
44
How is this score calculated?
Financial strength8/25 pts

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

Employees15/15 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.

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

£2

Balance sheet strength

Cash

£106k

Cash in the bank

Net Current Assets

-£1.2M

Working capital

Current Assets

£271k

Current Liabilities

£1.4M

Fixed Assets

£778k

Debtors

£165k

Profit After Tax

-£610k

36avg. employees+2

Balance Sheet

Intangible assets£762k
Assets less current liabilities-£400k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.19
20230.33

Derived from filed accounts. Not audited figures.