Codethink Limited

Codethink Ltd, hailing from Manchester, UK, is a sizable company with an active status, celebrating 18 years since its founding. Employing 90 people and boasting assets of £9,831,514, it’s a significant player in the UK tech scene. Led by four directors and a solo founder, the company enjoys a stellar 5.0 Google rating based on 10 reviews. It regularly imports optical and medical tools and devices (last import in October 2024) and exports electrical machinery and equipment (last export in September 2024).

Codethink’s website showcases a software engineering firm specializing in open-source expertise. They provide services ranging from bare metal programming to embedded systems and Linux kernel support, catering to sectors like automotive, finance, and agriculture. The company emphasizes quality, integrity, and reliability, actively contributing to open-source projects and partnering with world-class organizations. The site also features a blog with thought leadership content and updates, including a recent podcast appearance.

Financially, Codethink Ltd presents a mixed picture. While current assets increased by 31% to £9,800,000, administrative expenses surged by a staggering 130% to £2,400,000. Cash and cash equivalents also grew substantially, up 82% to £6,300,000, which is a positive sign. However, director remuneration decreased by 17% to £440,000, and net losses deepened to -£4,700,000. Bank borrowings increased by 35% to £29,000, and trade debtors ballooned by 28% to £3,400,000. The company’s size (meeting two of three criteria for a large company) indicates a robust operation, but the significant increase in expenses warrants closer examination. The financial statements were audited by MHA, and the report was issued on September 27, 2024. Overall, Codethink Ltd appears to be a dynamic company navigating growth challenges, with a strong focus on open-source software and a loyal client base.

Registered in England/Wales under the registration number 06061216, with a registered address at M1 2HF, United Kingdom, Manchester, 3rd Floor Dale House, 35 Dale Street.

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