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4net Technologies Ltd

05448638

active
Private Limited Company
england wales
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

3 SCHOLAR GREEN ROAD, MANCHESTER, M32 0TR
Incorporated 10/05/2005

Compliance

Last accounts

30/06/2024

full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 10/05/2025

Due 24/05/2026

On track

Industry

61900
Other telecommunications activities

Officers

Mr Richard Maxwell Pennington

director · Since 10/05/2005

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Mr Christopher Simon Malthouse

director · Since 01/05/2020

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 10 other boards

Mr Martin William Bellamy

director · Since 19/11/2025

BRITISH · UNITED KINGDOM · Age 59

Also on 10 other boards

Persons with Significant Control

4net Holdings Ltd

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

3, Scholar Green Road, Manchester, M32 0TR

Reg: 10753247 · Companies House · Private Limited Company

Notified 18/09/2017

Charges4 outstanding

Charge
outstanding

PALATINE PRIVATE EQUITY LLP

Created 15/11/2023Registered 23/11/2023
Charge
outstanding

PALATINE PRIVATE EQUITY LLP (AS SECURITY TRUSTEE)

Created 03/04/2023Registered 13/04/2023
Charge
outstanding

PALATINE PRIVATE EQUITY LLP

Created 08/06/2021Registered 15/06/2021
Charge
outstanding

ALTER DOMUS TRUSTEES (UK) LIMITED AS SECURITY AGENT

Created 08/06/2021Registered 11/06/2021
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 06/06/2019Registered 07/06/2019Satisfied 07/06/2021
Charge
satisfied

YFM PRIVATE EQUITY LIMITED (AS SECURITY TRUSTEE)

Created 18/09/2017Registered 20/09/2017Satisfied 16/06/2021
Charge
satisfied

RICHARD PENNINGTON AS SECURITY TRUSTEE FOR THE NOTEHOLDERS

Created 18/09/2017Registered 19/09/2017Satisfied 14/06/2021
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 27/09/2016Registered 29/09/2016Satisfied 08/01/2021
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 26/07/2010Registered 30/07/2010Satisfied 01/09/2017

CompanyRankvs 5390+ SIC 61900 peers
66

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.58× · 16/20
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 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.

Liquidity16/20 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 concern are d

Key FinancialsYear ending 30/06/2022

Turnover

£36.9M

Annual revenue

Net Worth

£11.7M

Balance sheet strength

Cash

£6.9M

Cash in the bank

Profit Before Tax

£3.7M

Bottom line earnings

Net Current Assets

£11.1M

Working capital

Current Assets

£30.2M

Current Liabilities

£19.0M

Fixed Assets

£642k

Debtors

£23.2M

Cost of Sales

£22.0M

Gross Profit

£14.9M

Admin Expenses

£11.3M

Operating Profit

£3.7M

Profit After Tax

£2.9M

115avg. employees+16

Tax at Year End

Corp tax£1.0M

People Costs

Wages & salaries£7.9M
NI contributions£861k

Balance Sheet

Assets less current liabilities£11.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20221.58+£2.9M
20211.53+£2.9M
20201.26+£4.3M
20181.11

Derived from filed accounts. Not audited figures.