UK Companies House feature
CODURANCE HOLDINGS LTD
Cash
£97K
+90.7% vs 2020
Net assets
£559K
+959.8% vs 2020
Employees
0
Average over period
Profit before tax
—
Period ending 2021-12-31
Profile
- Company number
- 12489434
- Status
- Active
- Incorporation
- 2020-02-28
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 62012
Net assets
3-year trend · vs UK AI & Enterprise SaaS median
Accounts
3-year trend · latest 2021-12-31
| Metric | Trend | 2019-10-31 | 2020-10-31 | 2021-12-31 |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | — | — | — | |
| Profit before tax | — | — | — | |
| Net profit | — | — | — | |
| Cash | — | £50,720 | £96,730 | |
| Total assets less current liabilities | — | — | — | |
| Net assets | — | £52,720 | £558,712 | |
| Equity | — | £52,720 | £558,712 | |
| Average employees | — | 0 | 0 | |
| Wages | — | — | — |
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
- Consolidated (group)
- Auditor
- Price Bailey LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors are continually assessing the going concern of the company and group. During a difficult year in 2023 a cost saving strategy was implemented, which included reshaping of the human resource profile within the company and other cost-saving efforts. This strategy was ultimately successful and has seen immediate benefits with a profitable year in 2024. The directors have prepared detailed profit and loss forecasts for the next 12 months which indicate that the company has adequate cash resources for that period. After considering the potential impact of the above, at the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the statutory financial statements.”
Subsidiaries
- Codurance Ltd · 100% held · England · software development and training
- Codurance EMEA · 100% held · Spain · software development and training
- Codurance S.L. · 100% held · Spain · software development and training
- Codurance Ltda · 100% held · Portugal · software development and training
- Codurance Estates S.L. · 100% held · Spain · property investment
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
2 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BADAR, Mashooq | Director | 2020-02-28 | Nov 1976 | British |
| NARDI MANCUSO, Sandro | Director | 2020-02-28 | Jul 1976 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Mashooq Badar | Individual | Shares 25–50%, Voting 25–50% | 2020-02-28 | Active |
| Mr Sandro Nardi Mancuso | Individual | Shares 25–50%, Voting 25–50% | 2020-02-28 | Active |
Filing timeline
Last 20 of 25 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-10 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2026-03-10 | CH01 | officers | change person director company with change date |
| 2026-03-10 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2025-10-01 | AA | accounts | accounts with accounts type group |
| 2025-07-23 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2025-07-23 | CH01 | officers | change person director company with change date |
| 2025-03-11 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-09-24 | AA | accounts | accounts with accounts type group |
| 2024-09-13 | CH01 | officers | change person director company with change date |
| 2024-09-13 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2024-03-11 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-11-09 | AA | accounts | accounts with accounts type group |
| 2023-10-30 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2023-10-30 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2023-07-28 | RP04CS01 | confirmation-statement | second filing of confirmation statement with made up date |
| 2023-07-11 | SH01 | capital | capital allotment shares |
| 2023-03-01 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-05-23 | AA | accounts | accounts with accounts type total exemption full |
| 2022-03-01 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-01-26 | AA01 | accounts | change account reference date company previous extended |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory