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Network 2 Supplies Limited

04617783

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

NETWORK HOUSE, BURY ST EDMUNDS, IP33 3SP
Incorporated 16/12/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38320
Recovery of sorted materials

Officers

Mr Jack Anthony Gomarsall

director · Since 16/12/2002

DIRECTOR

BRITISH · UNITED KINGDOM · Age 79

Also on 5 other boards

Andrew Charles Thomas Gomarsall Mbe

director · Since 01/08/2011

DIRECTOR

ENGLISH · ENGLAND · Age 51

Mr Nicholas James Razey

director · Since 02/03/2021

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 8 other boards

Mr Simon Taylor

director · Since 02/03/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 4 other boards

Mr Robert Bolton

director · Since 15/04/2021

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 1 other board

Mr Robert Kenneth Edwards

director · Since 28/11/2024

NON-EXECUTIVE DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Persons with Significant Control

Bio Scope 3 Ltd

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

Network House, Western Way, Bury St Edmunds, IP33 3SP

Reg: 13216336 · England And Wales · Private Company Limited By Shares

Notified 30/11/2025

Former PSCs

N2s Global Limited

Ceased 30/11/2025

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 29/03/2010Registered 01/04/2010

CompanyRankvs 180+ SIC 38320 peers
59

Financial strength87th percentile among SIC peers · 22/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.11× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength22/25 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£12.8M

Annual revenue

Net Worth

£1.3M

Balance sheet strength

Cash

£346k

Cash in the bank

Profit Before Tax

-£227k

Bottom line earnings

Net Current Assets

£356k

Working capital

Current Assets

£3.5M

Current Liabilities

£3.2M

Fixed Assets

£1.2M

Debtors

£3.0M

Cost of Sales

£7.9M

Gross Profit

£4.9M

Admin Expenses

£5.0M

Operating Profit

-£156k

Profit After Tax

-£187k

115avg. employees+1

People Costs

Wages & salaries£4.0M
NI contributions£412k

Balance Sheet

Assets less current liabilities£1.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.11-£187k
20231.27+£159k
20221.43+£282k
20211.38+£412k
20201.36-£148k
20191.38+£285k
20181.18

Derived from filed accounts. Not audited figures.