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Network Security And Alarms Limited

02792940

active
Private Limited Company
england wales
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

UNIT 1, SOVEREIGN PARK, CLEVELAND WAY, HEMEL HEMPSTEAD, HP2 7DA
Incorporated 23/02/1993

Compliance

Last accounts

31/08/2024

small

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 23/02/2026

Due 09/03/2027

On track

Industry

80200
Security systems service activities

Officers

Mr Mayamiko Allen Harrison Kachingwe

director · Since 01/11/2016

DIRECTOR

BRITISH · ENGLAND · Age 56

Mr Simon Robert Wootton

director · Since 16/01/2023

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 6 other boards

Persons with Significant Control

Mr Mayamiko Allen Harrison Kachingwe

Significant control

British · England · Age 56

Unit 1 & 2 B2k Business Park, Quartz Close, Tamworth, B77 4GR

Notified 01/12/2016

Charges3 outstanding

Charge
outstanding

IGF INVOICE FINANCE LIMITED

Created 09/12/2025Registered 09/12/2025
Charge
outstanding

PREFEQUITY LLP

Created 11/11/2024Registered 14/11/2024
Charge
outstanding

IGF BUSINESS CREDIT LIMITED

Created 01/12/2016Registered 12/12/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/04/1997Registered 14/04/1997Satisfied 06/10/2014
charge
satisfied

LLOYDS BANK PLC

Created 18/08/1994Registered 25/08/1994Satisfied 24/11/1997

CompanyRankvs 4873+ SIC 80200 peers
21

Financial strength0th percentile among SIC peers · 0/25
Employees59th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -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.

Employees9/15 pts

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

Liquidity2/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

shareholder that they will continue to support the entity to meet it liabilities as they fall due. Without the support there would be material uncertainty in the company's ability to continue as a going concern. The directors have no reason to believe this will not be received, if required, and continue to prepare the accounts on this basis. Disclosure exemptions The entity satisfies the criter

Key FinancialsYear ending 31/08/2024

Net Worth

-£2.1M

Balance sheet strength

Cash

£38k

Cash in the bank

Net Current Assets

-£2.0M

Working capital

Current Assets

£172k

Current Liabilities

£2.2M

Fixed Assets

£20k

Debtors

£89k

2avg. employees-32

Tax at Year End

Corp tax£7k

Balance Sheet

Assets less current liabilities-£2.0M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20240.08-£2.3M
20220.62-£334k
20211.10-£159k
20201.10-£272k
20192.03

Derived from filed accounts. Not audited figures.