CODEBASE GROUP LIMITED
🏛️Establishedactive
SC635569 · ltd · incorporated 2019-07-09
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
£11.72M
year to Mar 2025
Net worth
—
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
PursueStrong opportunity: conservative operator with strong profile and bankable structure.
Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (70/100).
Data confidence
Overall: medium (72/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredProfitable
Profit before tax £1,132,111
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 |
|---|---|
| Turnover | £11.72M |
| Operating profit | £1.11M |
| Profit before tax | £1.13M |
| Average employees | 9600 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2025-12-22📄accounts-with-accounts-type-fullaccounts · AA
- 2025-06-11📄capital-return-purchase-own-sharescapital · SH03
- 2025-06-03📄capital-cancellation-sharescapital · SH06
- 2025-05-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-01-10📄accounts-with-accounts-type-groupaccounts · AA
- 2024-09-25📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-07-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-09📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-07-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-04-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-11-09📄change-person-director-company-with-change-dateofficers · CH01
- 2022-04-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-01📄capital-name-of-class-of-sharescapital · SH08
- 2021-09-30📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2021-09-30📄memorandum-articlesincorporation · MA
- 2021-09-30📄resolutionresolution · RESOLUTIONS
- 2021-08-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-07-31➖COLEMAN, James Edward, Dr resigneddirector
- 2021-07-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-11-20➕COLEMAN, Stephen Alan appointeddirector
- 2019-11-20➕DROST, Steven appointeddirector
- 2019-07-09🏢Company incorporatedAs CODEBASE GROUP LIMITED
- 2019-07-09➕COLEMAN, James Edward, Dr appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Stephen Alan Coleman Individual · British · DOB 03/1981 · age 45 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 20/11/2019 |
Mr Steven Drost Individual · British,German · DOB 11/1973 · age 53 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 20/11/2019 |
1 historic (ceased) PSC
- Dr James Edward Colemanceased 24/04/2025· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Professional services · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CLYDE & CO (SMS) LIMITED→ SC443515 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| CMB ENGINEERING LTD→ SC768226 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CN DEFENCE LTD→ SC641117 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| COBALT ACCOUNTANCY SCOTLAND LTD→ SC332427 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| COGENT HEALTHCARE LIMITED→ SC706366 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| COLLINS AND CO DEFENCE LAWYERS LIMITED→ SC658652 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| COMBINE RECRUITMENT LTD→ SC752929 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| COMMERCIAL IN CONFIDENCE CONSULTING LTD→ SC404678 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| COMPREHENSIVE DESIGN ARCHITECTS LIMITED→ SC311114 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| CONMAC LIMITED→ SC782822 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CONNECT LINKS CONSULTING LTD→ SC618211 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| CONNECTCURVE LIMITED→ SC275768 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeltd
Incorporated2019-07-09
Jurisdictionscotland
Primary SIC70100 — Activities of head offices
Registered office
Argyle House
3 Lady Lawson Street
Edinburgh
EH3 9DR
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-22
Last: 2025-07-08
Officers (2 active · 1 resigned)
COLEMAN, Stephen Alan→
Activedirector · ~45y · appointed 2019-11-20
View their other companies + combined net worth →
DROST, Steven→
Activedirector · ~53y · appointed 2019-11-20
View their other companies + combined net worth →
COLEMAN, James Edward, Dr→
Resigneddirector · ~51y · appointed 2019-07-09 · resigned 2021-07-31
Click a director name to see their full track record across all companies.
Recent filings (43 total)
accounts-with-accounts-type-full
accounts · AA
2025-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-15
capital-return-purchase-own-shares
capital · SH03
2025-06-11
capital-cancellation-shares
capital · SH06
2025-06-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-12
accounts-with-accounts-type-group
accounts · AA
2025-01-10
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-09-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-19
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-18
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-05-09
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-21
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-11-09