Codilink Uk Ltd

Codilink Uk Ltd, based in Reading, UK, is a holding company with an active status, having been incorporated seventeen years ago in June 05, 2007. The company employs sixty-one people and holds £4,154,696 in assets. It operates from a virtual address, registered at an address shared by fifty other companies, raising some questions about its physical presence. Four directors manage the company, but there are no reported owners—likely one of the directors holds a significant stake. Codilink Uk Ltd also runs an e-commerce site.

The company’s primary activities involve market research and public opinion polling. It’s an irregular importer, bringing in electrical machinery and equipment for a single month in 2017, and a regular exporter, sending out electrical machinery and equipment for five months, with the last export occurring in June 2023.

Financially, Codilink Uk Ltd shows a mixed picture. Creditors have risen significantly, increasing by 37% to £2,300,000, while cash and cash equivalents have remained stable at £2,100,000. Net assets have decreased by 52% to £-10,000,000, a substantial decline, and bank borrowings have increased by 28% to £1,700,000. The company’s net loss has deepened by 24% to -£19,000,000. The increase in creditors suggests the company may be relying more on short-term financing, while the large net loss and decrease in net assets point to potential cash flow challenges. It’s worth noting that the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. The accounts were audited by James Cowper Kreston Audit.

Registered in England/Wales under the registration number 06269999, with a registered address at RG1 8LS, England, Reading, James Cowper Kreston 8th Floor South, Reading Bridge House, George Street.

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