Codeloop Ltd

Codeloop Ltd is a small, active company based in London, UK, founded eight years ago in December 2016. It operates with a virtual address, a single director, and one owner (though this list isn't exhaustive, only showing owners with over 25% shares). The company holds just £195 in assets and is run by a solo founder. Codeloop Ltd’s business activities span retail sales via mail order and internet, software development, data processing, and web portal operations.

The company’s website, Codeloop.io, presents a minimalist message: "Codeloop.io next generation web development. We do as simple as possible. But not simpler. No matter what it takes. No rules. Just results." The site emphasizes simplicity and results-oriented development, suggesting a focus on agile and efficient web solutions. There’s no obvious e-commerce presence, but the focus on web development implies services rather than direct product sales.

Financially, Codeloop Ltd’s report paints a picture of a company struggling to maintain momentum. Current assets have plummeted by a staggering 98%, dropping from £8,400 to a mere £200. Bank cash has increased dramatically, rising 830% to £200, but this doesn’t necessarily indicate financial health. Creditors have also decreased significantly, falling 100% to zero, which could be a positive sign of better debt management, or it could mean the company is no longer extending credit to customers. Equity has seen a massive increase, jumping 180,000% to £1800, but this is likely due to accounting adjustments rather than new investment. The company’s small size (meeting two of three criteria for a small company) means it's exempt from an audit, relying on unaudited statements.

The sharp decline in current assets and the significant increase in net losses suggest Codeloop Ltd is burning through cash. While the company’s focus on web development and its minimalist approach could be strengths, the financial data raises concerns about its long-term viability. It’s possible the company is undergoing a period of restructuring or investment, but without further information, it’s difficult to determine the underlying cause of these trends.

Registered in England/Wales under the registration number 10525572, with a registered address at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street, Covent Garden.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.