UK Companies House feature
CODESTONE SOLUTIONS LIMITED
Cash
£448K
-89.6% vs 2023
Net assets
£5M
+20.5% vs 2023
Employees
219
+5.3% vs 2023
Profit before tax
£1M
-44.5% vs 2023
Profile
- Company number
- 03478376
- Status
- Active
- Incorporation
- 1997-12-10
- Last accounts made up
- 2024-09-30
- Account category
- FULL
- Primary SIC
- 62090
Net assets
7-year trend · vs UK AI & Enterprise SaaS median
Accounts
7-year trend · latest 2024-09-30
| Metric | Trend | 2018-09-30 | 2019-09-30 | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | £2,545,972 | £1,413,511 | |
| Net profit | — | — | — | — | — | £1,904,175 | £937,009 | |
| Cash | — | £2,452,499 | — | — | — | £4,302,529 | £447,598 | |
| Total assets less current liabilities | — | £1,437,476 | — | — | — | £4,602,112 | £5,514,740 | |
| Net assets | — | £1,368,277 | — | — | — | £4,450,617 | £5,360,820 | |
| Equity | £909,157 | £1,368,277 | £876,051 | — | — | £4,450,617 | £5,360,820 | |
| Average employees | — | — | — | — | — | 208 | 219 | |
| Wages | — | — | — | — | — | £11,766,418 | £11,596,261 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “Our journey over the past few years has combined organic growth with the strategic acquisitions of Clarivos, DSCallards, and Cloud Business between May 2022 and February 2024. These acquisitions account for 40% of our nearly 300 strong team and have expanded our capabilities to deliver an even broader range of high-value solutions.”
- “Our first Leadership Development Programme brought together over 40 team members and concluded for the main cohort in July 2024.”
- “ERP Today's "Transformation Project of the Year": Celebrating our ability to deliver meaningful change through smart ERP deployment.”
- “High Growth Tech Company of the Year: Awarded by the South Coast Tech & Innovation Awards for our sustained momentum and innovation.”
- “Best ERP-Led Digital Transformation Firm: A testament to the impact of our solutions on business performance.”
- “Ranked in the UK's Top 50 MSPs: For the second year running, acknowledging our excellence in managed services delivery.”
- “Culture 100 Winner (2024): Proudly named one of the top 100 companies to work for in the UK, reflecting our people-first culture.”
- “Shortlisted for the Diversity in Tech Impact Award: Recognising our commitment to fostering an inclusive tech workplace.”
- “Multiple CRN Award Nominations, including: Championing Diversity Award, Equitable Place to Work, Cultural Inclusion Company of the Year, Best Customer Event UK.”
- “CRN Women & Diversity in Channel Awards: 3 of our exceptional team members shortlisted as finalists, showcasing the depth of talent and leadership across our business.”
- “G-Cloud 14 Framework Approval: Enabling us to bring our proven solutions to the UK public sector with even greater reach and impact.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
5 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AMES, Mark John | Director | 2023-01-16 | Sep 1977 | British |
| BOLGER, Daniel | Director | 2015-12-01 | May 1972 | British |
| BUCKNELL, Jeremy Paul, Mr. | Director | 1997-12-10 | Jun 1971 | British |
| ETCHELL, William John | Director | 2024-11-04 | Nov 1971 | British |
| SACKETT, Darryl | Director | 2023-10-16 | Jul 1983 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUCKNELL, Jeremy Paul, Mr. | Secretary | 2000-09-15 | 2021-03-02 |
| MARTIN, Julian Sinclair | Secretary | 1997-12-10 | 2000-09-15 |
| WATERLOW SECRETARIES LIMITED | Corporate Nominee Secretary | 1997-12-10 | 1997-12-10 |
| BURSEY, Sam | Director | 2022-03-01 | 2023-02-03 |
| COOK, Richard Anthony | Director | 1997-12-10 | 2000-09-15 |
| GARRATT, Paul Anthony | Director | 2016-05-24 | 2021-08-06 |
| GOMENSORO, Jose | Director | 2014-10-01 | 2016-08-31 |
| HOBSON, Daniel | Director | 2013-04-01 | 2024-10-04 |
| MARTIN, Julian Sinclair | Director | 1997-12-10 | 2000-09-15 |
| MATTHEWS, Sean | Director | 2013-04-01 | 2024-05-03 |
| NEILSON, Gregory John | Director | 2014-04-01 | 2024-05-03 |
| POWELL, Christopher Gary | Director | 2023-02-06 | 2024-05-03 |
| SEELEY, Debbie | Director | 2013-04-01 | 2023-05-31 |
| SMITH, Philip Reginald | Director | 1997-12-10 | 2016-04-29 |
| WATERLOW NOMINEES LIMITED | Corporate Nominee Director | 1997-12-10 | 1997-12-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Codestone Group Ltd. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 138 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-16 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-11-18 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-09-30 | AA | accounts | accounts with accounts type full |
| 2025-07-16 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2025-06-06 | AD01 | address | change registered office address company with date old address new address |
| 2025-01-02 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-01-02 | CH01 | officers | change person director company with change date |
| 2025-01-02 | CH01 | officers | change person director company with change date |
| 2025-01-02 | TM01 | officers | termination director company with name termination date |
| 2024-12-23 | AA | accounts | accounts with accounts type full |
| 2024-12-11 | AP01 | officers | appoint person director company with name date |
| 2024-05-28 | AP01 | officers | appoint person director company with name date |
| 2024-05-09 | TM01 | officers | termination director company with name termination date |
| 2024-05-09 | TM01 | officers | termination director company with name termination date |
| 2024-05-09 | TM01 | officers | termination director company with name termination date |
| 2024-02-20 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-02-13 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2024-02-08 | AP01 | officers | appoint person director company with name date |
| 2023-12-21 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-12-07 | AP01 | officers | appoint person director company with name date |
Credit score
Altman Z″ (private-firm) · reference 2024-09-30
1.28
GREY ZONE
Altman Z″
- Working capital / Total assets 0.115 × 6.56 = +0.76
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.045 × 6.72 = +0.31
- Book equity / Total liabilities 0.208 × 1.05 = +0.22
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory