Cash

£10M

+52.7% vs 2023

Net assets

£10M

+33.2% vs 2023

Employees

109

+9% vs 2023

Profit before tax

£8M

+43.3% vs 2023

Profile

Company number
06061216
Status
Active
Incorporation
2007-01-22
Last accounts made up
2024-12-31
Account category
FULL
Primary SIC
62020
Hubs
UK AI & Enterprise SaaS

Net assets

7-year trend · vs UK AI & Enterprise SaaS median

£0£5m£10m2018201920202021202220232024
CODETHINK LIMITED

Accounts

7-year trend · latest 2024-12-31

Metric Trend 2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31
Turnover
Operating profit
Profit before tax £5,850,353£8,385,176
Net profit £4,655,120£6,286,088
Cash £6,269,968£9,575,171
Total assets less current liabilities £7,232,325£9,650,004
Net assets £7,165,400£9,543,368
Equity £4,576,693£4,477,768£7,165,400£9,543,368
Average employees 100109
Wages £5,546,387£6,533,424

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
MHA
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.”

Subsidiaries

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

4 active · 10 resigned

Name Role Appointed Born Nationality
SHERWOOD, Paul Francis, M Secretary 2011-04-04
DI DOMENICO, David Nicholas Director 2020-07-01 Jan 1963 British
SHERWOOD, Paul Francis Director 2011-02-01 Feb 1964 British
UNDERHILL, Bruce Jon Director 2018-12-19 Mar 1974 British
Show 10 resigned officers
Name Role Appointed Resigned
TAYLOR, Steven David Secretary 2007-01-22 2011-04-04
BUCKWELL, Lewis Director 2017-02-07 2019-04-12
JONES, Stephen Director 2011-10-11 2020-03-31
OLIVA, Maria Lopez Director 2020-09-28 2023-01-09
PENNI, Selorm Juliet Director 2014-12-16 2019-04-11
RANTAKARI, Tomi Lauri Kalervo Director 2015-06-19 2016-02-29
SHERWOOD, Michael Gary Director 2014-05-13 2015-08-21
TAYLOR, Robert James Director 2015-11-06 2017-11-22
TAYLOR, Robert James Director 2007-01-22 2015-04-20
WALL, Abigail Kate Director 2020-09-28 2021-05-28

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Paul Francis Sherwood Individual Shares 50–75%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 147 total filings

Date Type Category Description
2026-03-06 SH01 capital capital allotment shares
2026-01-26 CS01 confirmation-statement confirmation statement with updates
2025-11-17 SH06 capital capital cancellation shares
2025-11-17 SH03 capital capital return purchase own shares
2025-09-11 AA accounts accounts with accounts type full
2025-05-07 PSC04 persons-with-significant-control change to a person with significant control
2025-05-02 SH01 capital capital allotment shares
2025-03-11 SH06 capital capital cancellation shares
2025-03-11 SH06 capital capital cancellation shares
2025-03-11 SH03 capital capital return purchase own shares
2025-03-11 SH03 capital capital return purchase own shares
2025-03-11 SH03 capital capital return purchase own shares
2025-01-28 CS01 confirmation-statement confirmation statement with updates
2024-11-02 RP04SH01 capital second filing capital allotment shares
2024-10-30 SH01 capital capital allotment shares
2024-09-27 AA accounts accounts with accounts type full
2024-06-27 SH01 capital capital allotment shares
2024-03-27 SH01 capital capital allotment shares
2024-01-29 CS01 confirmation-statement confirmation statement with updates
2023-10-10 SH01 capital capital allotment shares

Credit score

Altman Z″ (private-firm) · reference 2024-12-31

12.16

SAFE

Altman Z″

  • Working capital / Total assets 0.714 × 6.56 = +4.69
  • Retained earnings / Total assets 0.000 × 3.26 = +0.00
  • EBIT / Total assets 0.655 × 6.72 = +4.40
  • Book equity / Total liabilities 2.926 × 1.05 = +3.07

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

Activity Score not yet computed for this company.

Official Companies House page