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Switchnet Systems Limited

03176306

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

UNIT 2 RO24, HARLOW, CM19 5QB
Incorporated 21/03/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

61100
Wired telecommunications activities

Officers

Mr David Robert Hancock

secretary · Since 21/03/1996

CONSULTANT

BRITISH · UNITED KINGDOM · Age 70

Also on 9 other boards

Mr David Robert Hancock

director · Since 21/03/1996

CONSULTANT

BRITISH · UNITED KINGDOM · Age 70

Also on 9 other boards

Mrs Linda Ann Hancock

director · Since 21/03/1996

ADMINISTRATION

BRITISH · UNITED KINGDOM · Age 70

Also on 3 other boards

Mr. Gregory John Pike

director · Since 01/01/2006

NETWORK OPERATIONS

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Mrs Linda Ann Hancock

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

British · United Kingdom · Age 70

The Old Rectory, Rectory Lane, Harlow, CM19 4HA

Notified 06/04/2016

Mr. Gregory John Pike

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

British · England · Age 47

17 Linford Close, Harlow, CM19 4LR

Notified 06/04/2016

Former PSCs

Mr David Robert Hancock

Ceased 17/12/2024

Charges2 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 23/07/2003Registered 26/07/2003
charge
outstanding

JERRAM FALKUS LIMITED

Created 12/04/2002Registered 16/04/2002

CompanyRankvs 276+ SIC 61100 peers
67

Financial strength82th percentile among SIC peers · 21/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.42× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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276Switchnet Systems Limited
77
How is this score calculated?
Financial strength21/25 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.

Liquidity12/20 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

£99k

Balance sheet strength

Cash

£57k

Cash in the bank

Net Current Assets

£80k

Working capital

Current Assets

£272k

Current Liabilities

£192k

Fixed Assets

£42k

Debtors

£206k

8avg. employees+1

Balance Sheet

Assets less current liabilities£122k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.42+£54k
20241.25-£18k
20231.25-£12k
20221.28+£26k
20211.40+£8k
20201.14-£25k
20191.29—

Derived from filed accounts. Not audited figures.