Codwellers.com Ltd
Registered name: CODWELLERS.COM LTD
Part of Odevo UK Holdco Limited groupCodwellers.com Ltd made £3.6m revenue and a £134k loss in the year to 31 Dec 2024.
Codwellers.com Ltd’s revenue was £3.6m in the year to 31 Dec 2024, with a loss of £134k and 33 employees. The company is classified under “business and domestic software development” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 18 yrs · since 2008
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | — | £3.6m |
| Cost of sales | — | — | −£118k |
| Gross profit | — | — | £3.5m |
| Operating profit | — | — | −£121k |
| Profit before tax | — | — | −£134k |
| Profit after tax | — | — | −£134k |
| Profit (best available) | — | — | −£134k |
| Employees (average) | 24 | 28 | 33 |
| Ratios | |||
| Profit margin | — | — | −3.7% |
| Gross margin | — | — | 96.7% |
| Revenue per employee | — | — | £110k |
| Profit per employee | — | — | −£4.1k |
| Growth (year on year) | |||
| Headcount growth | — | ▲16.7% | ▲17.9% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £14.3k | £15.5k | — |
| Net assets | −£231k | −£48.5k | — |
| Fixed assets | £22.7k | £22k | — |
| Current assets | £596k | £738k | — |
| Debtors | £438k | £458k | — |
| Deferred income | £273k | £230k | — |
| Source | FilletedAccounts · bulk data Jun 2024 | FilletedAccounts · bulk data Jun 2024 | Accounts · bulk data Nov 2025 |
How the business works
- Profit margin
- −3.7%
- Profit ÷ revenue.
- Gross margin
- 96.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £110k
- Revenue ÷ average employees.
- Profit per employee
- −£4.1k
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲18%
- Now 33
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Odevo UK Holdco Limitedultimate parent75–100%
- Odevo UK Limited75–100%
- Codwellers.com Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (30)
- HML PM LtdRev. £22.8m · Profit −£142k
- Pinnacle Property Management LtdRev. £6m · Profit £1.2m
- Srvo Valuations & Surveys LimitedRev. £4.1m · Profit £503k
- Alexander Bonhill LimitedFigures not disclosed
- B-Hive Block Management Partners LimitedFigures not disclosed
- B-Hive Company Secretarial Services LimitedFigures not disclosed
- B-Hive Property Solutions LimitedFigures not disclosed
- B-Hive Site Staff Solutions LimitedFigures not disclosed
- CP Bigwood Management LLPFigures not disclosed
- Dauntons Soar Management LimitedFigures not disclosed
- Diamond and Company (Scotland) LimitedFigures not disclosed
- Encore Property Management Group LtdFigures not disclosed
- Faraday Property Management LimitedFigures not disclosed
- Firelink Protection LimitedFigures not disclosed
- Ginger Energy LimitedFigures not disclosed
- GLF Management LimitedFigures not disclosed
- Highline Solicitors LimitedFigures not disclosed
- HML Freeholds LimitedFigures not disclosed
- HML Hawksworth LimitedFigures not disclosed
- HML Lam LtdFigures not disclosed
- Odevo UK Shared Services LimitedFigures not disclosed
- Ottimo Property Services LimitedFigures not disclosed
- Premier Estates LimitedFigures not disclosed
- R & R Residential Management LimitedFigures not disclosed
- SDL Freeholds LimitedFigures not disclosed
- Shaw and Company (Surveyors) LimitedFigures not disclosed
- Srvo Property LimitedFigures not disclosed
- Trinity Property Group LimitedFigures not disclosed
- Utilidebt LimitedFigures not disclosed
- Vegner Holdings LimitedRev. — · Profit −£135k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit −£134k), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.
Updated from Companies House on 17 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.