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Product Network Limited

03892570

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

35 Ballards Lane, London, N3 1XW
Incorporated 13/12/1999

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 13/12/2025

Due 27/12/2026

On track

Industry

82990
Other business support service activities

Officers

Mr Andrew David Silver

director · Since 13/12/1999

LICENSING AND MERCHANDISING

BRITISH · ENGLAND · Age 51

Also on 1 other board

Andrew David Silver

director · Since 13/12/1999

British · England · Age 51

Former

Igp Corporate Nominees Ltd

corporate nominee secretary · Resigned 13/12/1999

Lee Reuben

secretary · Resigned 18/11/2025

Lee Reuben

director · Resigned 18/11/2025

Persons with Significant Control

Mr Andrew David Silver

25–50% shares
25–50% votes

British · England · Age 51

63 Fairfax Road, London, NW6 4EE

Notified 06/04/2016

Victoria Silver

25–50% shares
25–50% votes

British · United Kingdom · Age 49

63 Fairfax Road, London, NW6 4EE

Notified 26/02/2021

Former PSCs

Initial Rewards Limited

Ceased 18/11/2025

Change History

status → active
2026-07-17

Active

type → ltd
2026-07-17

Private Limited Company

address line1 → 35 Ballards Lane
2026-07-17

63 FAIRFAX ROAD

post town → London
2026-07-17

LONDON

postcode → N3 1XW
2026-07-17

NW6 4EE

CompanyRankvs 1449+ SIC 82990 peers
88

Financial strength95th percentile among SIC peers · 24/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.41× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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10Lff Glamal Holdings Limited
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1449Product Network Limited
88
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.

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

£854k

Balance sheet strength

Cash

£729k

Cash in the bank

Net Current Assets

£856k

Working capital

Current Assets

£1.1M

Current Liabilities

£251k

Fixed Assets

£4k

Debtors

£325k

6avg. employees

Balance Sheet

Intangible assets£4k
Assets less current liabilities£860k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.41+£130k
20234.82—

Derived from filed accounts. Not audited figures.