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Engaging Networks Limited

03848111

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

DIXCART HOUSE ADDLESTONE ROAD, ADDLESTONE, KT15 2LE
Incorporated 21/09/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
82990
Other business support service activities

Officers

Graham Anthony Covington

director · Since 13/10/1999

INTERNET ENTREPRENEUR

BRITISH · ITALY · Age 62

Also on 1 other board

Persons with Significant Control

Political Networks Limited

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

Dixcart House, Addlestone Road, Addlestone, KT15 2LE

Reg: 04866209 · England · Private Company Limited By Shares

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC BANK PLC

Created 13/11/2014Registered 13/11/2014

CompanyRankvs 2379+ SIC 62012 peers
71

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
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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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.

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 31/12/2024

Net Worth

£981k

Balance sheet strength

Cash

£54k

Cash in the bank

Net Current Assets

£937k

Working capital

Current Assets

£3.2M

Current Liabilities

£2.3M

Fixed Assets

£43k

Debtors

£3.1M

23avg. employees-1

Tax at Year End(2023)

Corp tax£133k

Balance Sheet

Assets less current liabilities£981k
Prepared with Caseware UK (AP4) 2025.0.111

EstimatesDerived

YearCurrent RatioImplied Profit
20241.42-£675k
20231.85—

Derived from filed accounts. Not audited figures.