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In 2 Networks Limited

05508537

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

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

Details

1 SOUTH ROAD, DEVON, TQ12 1HQ
Incorporated 14/07/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mrs Patricia Sandeman Silvey

secretary · Since 14/07/2005

BRITISH

Also on 1 other board

Mr James Charles Sandeman Silvey

director · Since 14/07/2005

NETWORK ENGINEER

BRITISH · UNITED KINGDOM · Age 48

Also on 1 other board

Persons with Significant Control

Mr James Charles Sandeman Silvey

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

British · United Kingdom · Age 48

1, South Road, Newton Abbot, TQ12 1HQ

Notified 06/04/2016

CompanyRankvs 28658+ SIC 62020 peers
69

Financial strength72th percentile among SIC peers · 18/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.86× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees5/15 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.

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

Key FinancialsYear ending 31/07/2024

Net Worth

£28k

Balance sheet strength

Cash

£31k

Cash in the bank

Net Current Assets

£23k

Working capital

Current Assets

£50k

Current Liabilities

£27k

Fixed Assets

£6k

Debtors

£19k

1avg. employees

Tax at Year End

Corp tax£5k

Balance Sheet

Assets less current liabilities£29k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.86+£11k
20231.39—

Derived from filed accounts. Not audited figures.