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Code Acoustics Ltd

14298134

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 16/08/2022

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 15/08/2025

Due 29/08/2026

On track

Industry

26400
Manufacture of consumer electronics
47430
Retail sale of audio and video equipment in specialised stores
71121
Engineering design activities for industrial process and production
71122
Engineering related scientific and technical consulting activities

Officers

Mr Ceri David Thomas

director · Since 16/08/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Persons with Significant Control

Mr Ceri David Thomas

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

British · United Kingdom · Age 43

20-22, Wenlock Road, London, N1 7GU

Notified 16/08/2022

CompanyRankvs 1232+ SIC 26400 peers
25

Financial strength15th percentile among SIC peers · 4/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 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.

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.

Longevity4/15 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 31/08/2024

Net Worth

-£10k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£11k

Working capital

Current Assets

£5k

Current Liabilities

£15k

Fixed Assets

£293

Debtors

£462

Director Loans

Company owes directors£14k

Balance Sheet

Assets less current liabilities-£10k
Signed by Mr Ceri Thomas 06/11/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.30
20230.60

Derived from filed accounts. Not audited figures.