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Cordic Technology Limited

13798165

active
ltd
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

9 Park Place, Newdigate Road, Harefield, UB9 6EJ
Incorporated 13/12/2021

Previously known as

Oak Cl Limited · until 04/05/2022
Project Noel Limited · until 26/01/2022

Compliance

Last accounts

31/12/2024

small

Next accounts due

31/12/2026

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

Also on 5 other boards

Mr Simon Ivor Veingard

director · Since 21/05/2024

DIRECTOR

BRITISH · ENGLAND

Also on 5 other boards

Idris Huw Mortifee Davies

director · Since 04/05/2022

British · United Kingdom

Simon Ivor Veingard

director · Since 21/05/2024

British · England

Former

Michael James Patton

director · Resigned 04/05/2022

Brett Hochfeld

director · Resigned 04/05/2022

Philip Paul Bailey

director · Resigned 18/06/2024

Daniel Paul Andrew Vinson

director · Resigned 10/11/2024

Persons with Significant Control

Cabfusion Ltd

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

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

Change History

status → active
2026-10-18

Active

type → ltd
2026-10-18

Private Limited Company

address line1 → 9 Park Place
2026-10-18

SUITE 2, LDH HOUSE

post town → Harefield
2026-10-18

ST. IVES

postcode → UB9 6EJ
2026-10-18

PE27 4AA

officer appointed → DAVIES, Idris Huw Mortifee
2026-10-18
officer appointed → VEINGARD, Simon Ivor
2026-10-18

CompanyRankvs 41415+ SIC 62012 peers
27

Financial strength1th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.12× · 2/20
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 strength0/25 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 31/12/2025

Net Worth

-£901k

Balance sheet strength

Cash

£105k

Cash in the bank

Net Current Assets

-£2.1M

Working capital

Current Assets

£282k

Current Liabilities

£2.4M

Fixed Assets

£1.2M

Debtors

£177k

29avg. employees-7

Balance Sheet

Intangible assets£1.2M
Assets less current liabilities-£901k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20250.12
20240.19
20230.33

Derived from filed accounts. Not audited figures.

Filing History40 filings

Address changed

change registered office address company with date old address new address

27/06/20261 page · PDF
Director details changed

change person director company with change date

27/06/20262 pages · PDF
Director details changed

change person director company with change date

27/06/20262 pages · PDF
PSC05

change to a person with significant control

27/06/20262 pages · PDF
Accounts filed

accounts with accounts type small

03/02/20269 pages · PDF
Confirmation statement

confirmation statement with no updates

30/12/20253 pages · PDF
Confirmation statement

confirmation statement with no updates

14/11/20253 pages · PDF
MR01

mortgage create with deed with charge number charge creation date

27/05/202538 pages · PDF
Accounts filed

accounts with accounts type small

13/03/20258 pages · PDF
Confirmation statement

confirmation statement with no updates

22/01/20253 pages · PDF
Director resigned

termination director company with name termination date

27/11/20241 page · PDF
Director resigned

termination director company with name termination date

26/06/20241 page · PDF
Director appointed

appoint person director company with name date

24/05/20242 pages · PDF
Confirmation statement

confirmation statement with updates

19/12/20234 pages · PDF
PSC05

change to a person with significant control

13/12/20232 pages · PDF
PSC07

cessation of a person with significant control

13/12/20231 page · PDF
PSC02

notification of a person with significant control

13/12/20232 pages · PDF
Accounts filed

accounts with accounts type total exemption full

06/09/20238 pages · PDF
MA

memorandum articles

17/08/202329 pages · PDF
RESOLUTIONS

resolution

17/08/20231 page · PDF
Director appointed

appoint person director company with name date

15/06/20232 pages · PDF
RP04SH01

second filing capital allotment shares

22/05/20234 pages · PDF
MR04

mortgage satisfy charge full

22/05/20231 page · PDF
Shares allotted

capital allotment shares

15/05/20234 pages · PDF
Confirmation statement

confirmation statement with updates

12/12/20224 pages · PDF
Address changed

change registered office address company with date old address new address

16/09/20221 page · PDF
PSC05

change to a person with significant control

11/05/20222 pages · PDF
PSC07

cessation of a person with significant control

10/05/20221 page · PDF
MR01

mortgage create with deed with charge number charge creation date

10/05/202212 pages · PDF
PSC05

change to a person with significant control

06/05/20222 pages · PDF
CERTNM

certificate change of name company

04/05/20223 pages · PDF
Address changed

change registered office address company with date old address new address

04/05/20221 page · PDF
PSC02

notification of a person with significant control

04/05/20222 pages · PDF
Director resigned

termination director company with name termination date

04/05/20221 page · PDF
Director resigned

termination director company with name termination date

04/05/20221 page · PDF
Director appointed

appoint person director company with name date

04/05/20222 pages · PDF
Director appointed

appoint person director company with name date

04/05/20222 pages · PDF
CERTNM

certificate change of name company

26/01/20223 pages · PDF
Director appointed

appoint person director company with name date

24/01/20222 pages · PDF
Incorporated

incorporation company

13/12/202118 pages · PDF