Recoded Limited
Registered name: RECODED LIMITED
Recoded Limited made £0 revenue and a £6.6k loss in the year to 31 Mar 2025.
Recoded Limited’s revenue fell 100% to £0 in the year to 31 Mar 2025, with a loss of £6.6k and 2 employees. The company is classified under “other information technology service activities” and is based in Solihull; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Solihull, West Midlands
- Age
- 12 yrs · since 2014
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £54.9k | £64.3k | £31k | £0 |
| Cost of sales | — | — | £6.3k | £436 |
| Gross profit | — | — | £24.7k | −£436 |
| Operating profit | — | — | −£8.8k | −£6.6k |
| Profit before tax | — | — | −£8.8k | −£6.6k |
| Profit after tax | £1.8k | −£778 | −£8.8k | −£6.6k |
| Profit (best available) | £1.8k | −£778 | −£8.8k | −£6.6k |
| Staff costs | £49.5k | £64.7k | £33.5k | — |
| Employees (average) | — | 2 | 2 | 2 |
| Ratios | ||||
| Profit margin | 3.3% | −1.2% | −28.3% | — |
| Gross margin | — | — | 79.8% | — |
| Revenue per employee | — | £32.1k | £15.5k | £0 |
| Profit per employee | — | −£389 | −£4.4k | −£3.3k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲17.1% | ▼51.8% | ▼100% |
| Profit growth | — | ▼142.8% | — | — |
| Headcount growth | — | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | — | — | £6.8k | £417 |
| Net assets | £16.7k | £15.5k | £6.8k | £59 |
| Fixed assets | £0 | £0 | £0 | £0 |
| Current assets | £17.6k | £17.2k | £6.8k | £417 |
| Debtors | — | — | £0 | £0 |
| Deferred income | — | — | £0 | £0 |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £0
- Revenue ÷ average employees.
- Profit per employee
- −£3.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼99%
- Now £59
- Cash at bank
- ▼94%
- Now £417
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now £0
- Fixed assets
- —
- Now £0
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£6.6k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.