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Nice Network Ltd

02877794

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

ONECOM HOUSE 4400 PARKWAY, FAREHAM, PO15 7FJ
Incorporated 03/12/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

61900
Other telecommunications activities

Officers

Mr Christian James Foxton Craggs

director · Since 04/11/2020

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 24 other boards

Persons with Significant Control

Onecom Group Limited

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

Onecom House, 4400 Parkway, Fareham, PO15 7FJ

Notified 04/11/2020

Former PSCs

Wendy Lee

Ceased 04/11/2020

Mr Christopher Lee

Ceased 04/11/2020

Charges2 outstanding

Charge
outstanding

ARES MANAGEMENT LIMITED AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE INSTRUME

Created 22/08/2024Registered 29/08/2024
Charge
outstanding

ARES MANAGEMENT LIMITED (AS SECURITY AGENT FOR THE SECURED PARTIES (AS DEFINED IN THE INSTRUMEN

Created 15/02/2021Registered 16/02/2021
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 13/08/2007Registered 03/09/2007Satisfied 14/09/2016
charge
satisfied

BARCLAYS BANK PLC

Created 06/06/2002Registered 12/06/2002Satisfied 17/06/2003
charge
satisfied

BARCLAYS BANK PLC

Created 30/03/1994Registered 08/04/1994Satisfied 17/06/2003

CompanyRankvs 449+ SIC 61900 peers
75

Financial strength96th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.52× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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449Nice Network Ltd
81
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.

Employees15/15 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

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

Key FinancialsYear ending 31/03/2020

Net Worth

£1.1M

Balance sheet strength

Cash

£820k

Cash in the bank

Net Current Assets

£686k

Working capital

Current Assets

£2.0M

Current Liabilities

£1.3M

Fixed Assets

£470k

Debtors

£1.0M

23avg. employees

Tax at Year End(2019)

Corp tax£20k

Director Loans(2019)

Directors owe company£83k

Balance Sheet

Intangible assets£26k
Assets less current liabilities£1.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20201.52+£317k
20191.51—

Derived from filed accounts. Not audited figures.