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Network Distributing Limited

01476436

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

31ST FLOOR, LONDON, E14 5NR
Incorporated 31/01/1980

Compliance

Last accounts

31/03/2022

total exemption full

Next accounts due

31/12/2023

Overdue

Confirmation statement

Last: 01/06/2022

Due 15/06/2023

Overdue

Industry

46900
Non-specialised wholesale trade

Officers

Jonathan Anthony James Lack

director · Since 23/03/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 34 other boards

Mr Juan Veloza Vargas

director · Since 25/01/2023

DIRECTOR

BRITISH,COLOMBIAN · UNITED KINGDOM · Age 51

Persons with Significant Control

Mr Tim Alan Beddows

75–100% shares
75–100% votes
Appoint directors

British · England · Age 63

Level 33, One Canada Square, London, E14 5AB

Notified 06/04/2016

Charges1 outstanding

Charge
satisfied

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Insolvency History1 case

creditors voluntary liquidation09/06/2023

Jeremy Karr (practitioner) · Jamie Taylor (practitioner)

CompanyRankvs 15+ SIC 46900 peers
26

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 2× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2022

Net Worth

£4.2M

Balance sheet strength

Cash

£39k

Cash in the bank

Net Current Assets

£3.5M

Working capital

Current Assets

£7.1M

Current Liabilities

£3.5M

Fixed Assets

£705k

Debtors

£4.1M

20avg. employees

Balance Sheet

Intangible assets£51k
Assets less current liabilities£4.2M

EstimatesDerived

YearCurrent RatioImplied Profit
20222.00-£344k
20212.49-£82k
20201.91

Derived from filed accounts. Not audited figures.