Back to search

European Network Services Limited

02233394

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

4 ORPHEUS HOUSE CALLEVA PARK, READING, RG7 8TA
Incorporated 21/03/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

61900
Other telecommunications activities

Officers

Mr Saeed Corangi

director · Since 19/09/1991

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Also on 6 other boards

Persons with Significant Control

Mr Saeed Corangi

25–50% shares
75–100% votes
Appoint directors

British · England · Age 68

1 Andromeda House, Calleva Park, Aldermaston, RG7 8AP

Notified 06/04/2016

Former PSCs

Mrs Margaret Howard

Ceased 28/02/2024

Miss Isabelle Margaret Corangi

Ceased 28/02/2024

Charges3 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 04/03/1993Registered 12/03/1993
charge
outstanding

BARCLAYS BANK PLC

Created 21/06/1990Registered 09/07/1990
charge
outstanding

BARCLAYS BANK PLC

Created 14/06/1990Registered 20/06/1990

CompanyRankvs 88+ SIC 61900 peers
78

Financial strength97th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 14.44× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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

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

Key FinancialsYear ending 31/03/2025

Net Worth

£1.6M

Balance sheet strength

Cash

£726k

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£1.5M

Current Liabilities

£105k

Fixed Assets

£187k

Debtors

£751k

13avg. employees

Tax at Year End

Corp tax£51k
VAT£17k

Balance Sheet

Assets less current liabilities£1.6M
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202514.44-£15k£338k
202413.08+£21k£357k
202316.19+£1.6M£573k
202222.85+£0
202127.32+£0
202061.98+£0
201934.69+£0
201720.01

Derived from filed accounts. Not audited figures.