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Advantex Network Solutions Limited

04552078

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

16B FOLLINGSBY CLOSE, GATESHEAD, NE10 8YG
Incorporated 03/10/2002

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 03/10/2025

Due 17/10/2026

On track

Industry

61100
Wired telecommunications activities
62090
Other information technology service activities

Officers

David O Connell

director · Since 03/10/2002

ENGINEER

BRITISH · ENGLAND · Age 56

Mr David James O'Connell

secretary · Since 05/03/2008

ENGLISH · ENGLAND · Age 56

Also on 1 other board

Mrs Lisa O'Connell

director · Since 23/12/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Persons with Significant Control

Advantex Solutions Limited

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

22 Springwood Close, Springwood Close, Durham, DH7 8LD

Reg: 15955276 · The Register Of Companies · Company Limited By Shares

Notified 23/12/2024

Former PSCs

Mr David James O'Connell

Ceased 23/12/2024

Mr Stephen George O'Connell

Ceased 23/12/2024

Charges2 outstanding

Charge
outstanding

NEL FUND MANAGERS LIMITED (AS SECURITY AGENT)

Created 02/12/2025Registered 04/12/2025
Charge
outstanding

LLOYDS BANK PLC

Created 10/11/2020Registered 19/11/2020
Charge
satisfied

NEAF LP ACTING BY ITS GENERAL PARTNER NE ANGEL GP LIMITED

Created 13/06/2014Registered 18/06/2014Satisfied 05/10/2020
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 13/05/2010Registered 15/05/2010Satisfied 13/11/2024
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 22/10/2004Registered 05/11/2004Satisfied 06/05/2014
charge
satisfied

HSBC BANK PLC

Created 30/06/2004Registered 02/07/2004Satisfied 06/05/2014

CompanyRankvs 105+ SIC 61100 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.61× · 20/20
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 strength25/25 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.

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.

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 30/06/2025

Net Worth

£2.9M

Balance sheet strength

Cash

£997k

Cash in the bank

Net Current Assets

£2.8M

Working capital

Current Assets

£3.6M

Current Liabilities

£787k

Fixed Assets

£277k

Debtors

£2.4M

66avg. employees+6

Balance Sheet

Assets less current liabilities£3.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.61+£91k
20242.43+£1.1M
20232.83+£5k
20223.41+£520k
20212.91+£267k
20202.13+£251k
20191.72+£171k
20181.67

Derived from filed accounts. Not audited figures.