code 42 software uk ltd
code 42 software uk ltd Company Information
Company Number
08912337
Next Accounts
Sep 2025
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Shareholders
code 42 software (holdings) limited
Group Structure
View All
Contact
Registered Address
5 new street square, london, EC4A 3TW
Website
-code 42 software uk ltd Estimated Valuation
Pomanda estimates the enterprise value of CODE 42 SOFTWARE UK LTD at £733.1k based on a Turnover of £767.5k and 0.96x industry multiple (adjusted for size and gross margin).
code 42 software uk ltd Estimated Valuation
Pomanda estimates the enterprise value of CODE 42 SOFTWARE UK LTD at £167.4k based on an EBITDA of £24.1k and a 6.96x industry multiple (adjusted for size and gross margin).
code 42 software uk ltd Estimated Valuation
Pomanda estimates the enterprise value of CODE 42 SOFTWARE UK LTD at £108.7k based on Net Assets of £48.9k and 2.22x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Code 42 Software Uk Ltd Overview
Code 42 Software Uk Ltd is a live company located in london, EC4A 3TW with a Companies House number of 08912337. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in February 2014, it's largest shareholder is code 42 software (holdings) limited with a 100% stake. Code 42 Software Uk Ltd is a established, small sized company, Pomanda has estimated its turnover at £767.5k with declining growth in recent years.
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Code 42 Software Uk Ltd Health Check
Pomanda's financial health check has awarded Code 42 Software Uk Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £767.5k, make it smaller than the average company (£2.8m)
£767.5k - Code 42 Software Uk Ltd
£2.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -30%, show it is growing at a slower rate (7%)
-30% - Code 42 Software Uk Ltd
7% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (45%)
100% - Code 42 Software Uk Ltd
45% - Industry AVG
Profitability
an operating margin of 3.1% make it less profitable than the average company (5.7%)
3.1% - Code 42 Software Uk Ltd
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (21)
1 - Code 42 Software Uk Ltd
21 - Industry AVG
Pay Structure
on an average salary of £52.9k, the company has an equivalent pay structure (£52.9k)
- Code 42 Software Uk Ltd
£52.9k - Industry AVG
Efficiency
resulting in sales per employee of £767.5k, this is more efficient (£124.7k)
£767.5k - Code 42 Software Uk Ltd
£124.7k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is earlier than average (56 days)
29 days - Code 42 Software Uk Ltd
56 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Code 42 Software Uk Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Code 42 Software Uk Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 20 weeks, this is less cash available to meet short term requirements (26 weeks)
20 weeks - Code 42 Software Uk Ltd
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.3%, this is a higher level of debt than the average (52.9%)
97.3% - Code 42 Software Uk Ltd
52.9% - Industry AVG
CODE 42 SOFTWARE UK LTD financials
Code 42 Software Uk Ltd's latest turnover from December 2023 is £767.5 thousand and the company has net assets of £48.9 thousand. According to their latest financial statements, Code 42 Software Uk Ltd has 1 employee and maintains cash reserves of £680 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 767,454 | 2,564,936 | 324,620 | 2,237,556 | 3,246,642 | 3,042,941 | 2,530,489 | 2,442,112 | 1,656,474 | 972,404 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 0 | 618,719 | 714,075 | 950,264 | 1,042,924 | 978,639 | 599,307 | 379,318 | 256,886 | 62,981 |
| Gross Profit | 767,454 | 1,946,217 | -389,455 | 1,287,292 | 2,203,718 | 2,064,302 | 1,931,182 | 2,062,794 | 1,399,588 | 909,423 |
| Admin Expenses | 743,399 | 1,923,442 | 662,958 | 1,541,832 | 922,812 | |||||
| Operating Profit | 24,055 | 22,775 | -1,052,413 | -142,244 | -13,389 | |||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 9,925 | 0 | 0 | 0 | 0 |
| Interest Receivable | 751 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 24,806 | 8,879,722 | 163,606 | 146,383 | 212,113 | 154,877 | 221,928 | 143,108 | -142,244 | -13,389 |
| Tax | 40,543 | -1,758,006 | -57,126 | -47,624 | -12,551 | -97,763 | -37,890 | -34,117 | 11,790 | 5,571 |
| Profit After Tax | 65,349 | 7,121,716 | 106,480 | 98,759 | 199,562 | 57,114 | 184,038 | 108,991 | -130,454 | -7,818 |
| Dividends Paid | 7,850,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -7,784,651 | 7,121,716 | 106,480 | 98,759 | 199,562 | 57,114 | 184,038 | 108,991 | -130,454 | -7,818 |
| Employee Costs | 759,582 | 1,185,426 | 1,010,680 | 1,308,387 | 1,096,085 | 566,321 | ||||
| Number Of Employees | 1 | 4 | 7 | 9 | 13 | 13 | 11 | 13 | 11 | 7 |
| EBITDA* | 24,055 | 22,775 | -939,474 | -106,029 | -13,007 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 7,169 | 474,011 | 548,636 | 547,422 | 684,696 | 838,686 | 264,438 | 212,899 | 9,616 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 68,306 | 121,385 | 242,392 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 7,169 | 474,011 | 616,942 | 668,807 | 927,088 | 838,686 | 264,438 | 212,899 | 9,616 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 61,547 | 212,018 | 519,857 | 1,185,231 | 863,364 | 886,725 | 699,158 | 518,053 | 0 | 0 |
| Group Debtors | 940,650 | 933,425 | 1,456,175 | 1,288,767 | 677,472 | 560,083 | 2,219,127 | 547,270 | 0 | 4,107 |
| Misc Debtors | 112,339 | 179,695 | 248,902 | 270,298 | 674,131 | 453,565 | 241,648 | 47,369 | 305,357 | 36,219 |
| Cash | 679,979 | 12,085,755 | 7,312,978 | 4,552,284 | 2,129,187 | 2,328,354 | 994,651 | 335,690 | 207,028 | 44,844 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,794,515 | 13,410,893 | 9,537,912 | 7,296,580 | 4,344,154 | 4,228,727 | 4,154,584 | 1,448,382 | 512,385 | 85,170 |
| total assets | 1,794,515 | 13,418,062 | 10,011,923 | 7,913,522 | 5,012,961 | 5,155,815 | 4,993,270 | 1,712,820 | 725,284 | 94,786 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 809 | 1,432 | 28,623 | 120,706 | 66,809 | 46,269 | 40,883 | 73,718 | 11,795 |
| Group/Directors Accounts | 1,278,380 | 5,044,532 | 7,030,906 | 5,037,195 | 2,438,706 | 2,809,329 | 1,519,591 | 0 | 52,669 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 434,547 | 491,997 | 2,049,424 | 1,919,098 | 1,697,680 | 1,557,258 | 2,652,846 | 1,507,458 | 642,535 | 90,808 |
| total current liabilities | 1,712,927 | 5,537,338 | 9,081,762 | 6,984,916 | 4,257,092 | 4,433,396 | 4,218,706 | 1,548,341 | 768,922 | 102,603 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 265 | 14,750 | 141,226 | 260,272 | 216,769 | 339,769 | 568,383 | 180,226 | 94,633 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 32,416 | 32,416 | 77,093 | 62,972 | 32,497 | 75,609 | 51,423 | 13,533 | 0 | 0 |
| total long term liabilities | 32,681 | 47,166 | 218,319 | 323,244 | 249,266 | 415,378 | 619,806 | 193,759 | 94,633 | 0 |
| total liabilities | 1,745,608 | 5,584,504 | 9,300,081 | 7,308,160 | 4,506,358 | 4,848,774 | 4,838,512 | 1,742,100 | 863,555 | 102,603 |
| net assets | 48,907 | 7,833,558 | 711,842 | 605,362 | 506,603 | 307,041 | 154,758 | -29,280 | -138,271 | -7,817 |
| total shareholders funds | 48,907 | 7,833,558 | 711,842 | 605,362 | 506,603 | 307,041 | 154,758 | -29,280 | -138,271 | -7,817 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 24,055 | 22,775 | -1,052,413 | -142,244 | -13,389 | |||||
| Depreciation | 0 | 112,939 | 256,248 | 205,651 | 211,800 | 125,950 | 70,339 | 36,215 | 382 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 40,543 | -1,758,006 | -57,126 | -47,624 | -12,551 | -97,763 | -37,890 | -34,117 | 11,790 | 5,571 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -210,602 | -899,796 | -587,668 | 476,250 | 193,587 | -1,017,168 | 2,047,241 | 807,335 | 265,031 | 40,326 |
| Creditors | -809 | -623 | -27,191 | -92,083 | 53,897 | 20,540 | 5,386 | -32,835 | 61,923 | 11,795 |
| Accruals and Deferred Income | -71,935 | -1,683,903 | 11,280 | 264,921 | 17,422 | -1,324,202 | 1,533,545 | 950,516 | 646,360 | 90,808 |
| Deferred Taxes & Provisions | 0 | -44,677 | 14,121 | 30,475 | -43,112 | 24,186 | 37,890 | 13,533 | 0 | 0 |
| Cash flow from operations | -2,564,638 | -410,722 | 349,013 | 54,841 | ||||||
| Investing Activities | ||||||||||
| capital expenditure | 0 | 0 | 0 | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | |||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -3,766,152 | -1,986,374 | 1,993,711 | 2,598,489 | -370,623 | 1,289,738 | 1,519,591 | -52,669 | 52,669 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 751 | 0 | 0 | 0 | 0 | -9,925 | 0 | 0 | 0 | 0 |
| cash flow from financing | -3,765,401 | -1,986,374 | 1,993,711 | 2,598,489 | -370,623 | 1,374,982 | 1,519,591 | -52,669 | 52,669 | 1 |
| cash and cash equivalents | ||||||||||
| cash | -11,405,776 | 4,772,777 | 2,760,694 | 2,423,097 | -199,167 | 1,333,703 | 658,961 | 128,662 | 162,184 | 44,844 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -11,405,776 | 4,772,777 | 2,760,694 | 2,423,097 | -199,167 | 1,333,703 | 658,961 | 128,662 | 162,184 | 44,844 |
code 42 software uk ltd Credit Report and Business Information
Code 42 Software Uk Ltd Competitor Analysis
Perform a competitor analysis for code 42 software uk ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in EC4A area or any other competitors across 12 key performance metrics.
code 42 software uk ltd Ownership
CODE 42 SOFTWARE UK LTD group structure
Code 42 Software Uk Ltd has no subsidiary companies.
Ultimate parent company
CODE 42 SOFTWARE INC
#0089644
2 parents
CODE 42 SOFTWARE UK LTD
08912337
code 42 software uk ltd directors
Code 42 Software Uk Ltd currently has 2 directors. The longest serving directors include Mr Marc Zadelhoff (Jul 2024) and Mr David Call (Jul 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Marc Zadelhoff | 52 years | Jul 2024 | - | Director | |
| Mr David Call | 50 years | Jul 2024 | - | Director |
P&L
December 2023turnover
767.5k
-70%
operating profit
24.1k
+6%
gross margin
100%
+31.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
48.9k
-0.99%
total assets
1.8m
-0.87%
cash
680k
-0.94%
net assets
Total assets minus all liabilities
code 42 software uk ltd company details
company number
08912337
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
February 2014
age
10
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BDO
address
5 new street square, london, EC4A 3TW
Bank
HSBC BANK PLC
Legal Advisor
TAYLOR WESSING
code 42 software uk ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to code 42 software uk ltd.
code 42 software uk ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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code 42 software uk ltd Companies House Filings - See Documents
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