open code ltd
open code ltd Company Information
Company Number
13837818
Next Accounts
Dec 2025
Industry
Computer consultancy activities
Directors
Shareholders
finn elliott ryan lewis
Group Structure
View All
Contact
Registered Address
55 55 henley avenue, oxford, OX4 4DJ
Website
-open code ltd Estimated Valuation
Pomanda estimates the enterprise value of OPEN CODE LTD at £96.9k based on a Turnover of £191.4k and 0.51x industry multiple (adjusted for size and gross margin).
open code ltd Estimated Valuation
Pomanda estimates the enterprise value of OPEN CODE LTD at £264.7k based on an EBITDA of £72.3k and a 3.66x industry multiple (adjusted for size and gross margin).
open code ltd Estimated Valuation
Pomanda estimates the enterprise value of OPEN CODE LTD at £137.1k based on Net Assets of £61.7k and 2.22x industry multiple (adjusted for liquidity).
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Open Code Ltd Overview
Open Code Ltd is a live company located in oxford, OX4 4DJ with a Companies House number of 13837818. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in January 2022, it's largest shareholder is finn elliott ryan lewis with a 100% stake. Open Code Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £191.4k with unknown growth in recent years.
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Open Code Ltd Health Check
Pomanda's financial health check has awarded Open Code Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
4 Weak
Size
annual sales of £191.4k, make it smaller than the average company (£671.9k)
- Open Code Ltd
£671.9k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Open Code Ltd
- - Industry AVG
Production
with a gross margin of 22.4%, this company has a higher cost of product (44.5%)
- Open Code Ltd
44.5% - Industry AVG
Profitability
an operating margin of 37.8% make it more profitable than the average company (6.7%)
- Open Code Ltd
6.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (7)
1 - Open Code Ltd
7 - Industry AVG
Pay Structure
on an average salary of £54.2k, the company has an equivalent pay structure (£54.2k)
- Open Code Ltd
£54.2k - Industry AVG
Efficiency
resulting in sales per employee of £191.4k, this is more efficient (£126.1k)
- Open Code Ltd
£126.1k - Industry AVG
Debtor Days
it gets paid by customers after 189 days, this is later than average (62 days)
- Open Code Ltd
62 days - Industry AVG
Creditor Days
its suppliers are paid after 100 days, this is slower than average (27 days)
- Open Code Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Open Code Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Open Code Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39.8%, this is a lower level of debt than the average (53.7%)
39.8% - Open Code Ltd
53.7% - Industry AVG
OPEN CODE LTD financials
Open Code Ltd's latest turnover from March 2024 is estimated at £191.4 thousand and the company has net assets of £61.7 thousand. According to their latest financial statements, Open Code Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | |
|---|---|---|
| Turnover | ||
| Other Income Or Grants | ||
| Cost Of Sales | ||
| Gross Profit | ||
| Admin Expenses | ||
| Operating Profit | ||
| Interest Payable | ||
| Interest Receivable | ||
| Pre-Tax Profit | ||
| Tax | ||
| Profit After Tax | ||
| Dividends Paid | ||
| Retained Profit | ||
| Employee Costs | ||
| Number Of Employees | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | |
|---|---|---|
| Tangible Assets | 3,248 | 2,190 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 3,248 | 2,190 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 99,242 | 17,862 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 0 | 0 |
| misc current assets | 0 | 0 |
| total current assets | 99,242 | 17,862 |
| total assets | 102,490 | 20,052 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 40,798 | 12,608 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 40,798 | 12,608 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 40,798 | 12,608 |
| net assets | 61,692 | 7,444 |
| total shareholders funds | 61,692 | 7,444 |
| Mar 2024 | Mar 2023 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 81,380 | 17,862 |
| Creditors | 28,190 | 12,608 |
| Accruals and Deferred Income | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 0 | 0 |
| overdraft | 0 | 0 |
| change in cash | 0 | 0 |
open code ltd Credit Report and Business Information
Open Code Ltd Competitor Analysis
Perform a competitor analysis for open code ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in OX4 area or any other competitors across 12 key performance metrics.
open code ltd Ownership
OPEN CODE LTD group structure
Open Code Ltd has no subsidiary companies.
Ultimate parent company
OPEN CODE LTD
13837818
open code ltd directors
Open Code Ltd currently has 1 director, Mr Finn Lewis serving since Jan 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Finn Lewis | England | 49 years | Jan 2022 | - | Director |
P&L
March 2024turnover
191.4k
+258%
operating profit
72.3k
0%
gross margin
22.4%
-12.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
61.7k
+7.29%
total assets
102.5k
+4.11%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
open code ltd company details
company number
13837818
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
January 2022
age
2
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
GREEN ACCOUNTANCY LIMITED
auditor
-
address
55 55 henley avenue, oxford, OX4 4DJ
Bank
-
Legal Advisor
-
open code 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 open code ltd.
open code ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
