Wap Network Group Limited
05524883
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/04/2007
DIRECTOR
BRITISH · UNITED KINGDOM · Age 44
Also on 4 other boards
Persons with Significant Control
Mr Ivan Simunic
British · United Kingdom · Age 44
277-279, Chiswick High Road, London, W4 4PU
Notified 01/08/2025
CompanyRankvs 60459+ SIC 96090 peers49
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/08/2025
Net Worth
-£12k
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
-£12k
Working capital
Current Assets
£19k
Current Liabilities
£31k
Debtors
£15k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.62 | -£10k |
| 2024 | 0.96 | -£5k |
| 2023 | 1.05 | -£8k |
| 2022 | 1.22 | -£2k |
| 2021 | 1.18 | -£29k |
| 2020 | 1.96 | -£42k |
| 2019 | 1.93 | -£6k |
| 2018 | 2.06 | — |
Derived from filed accounts. Not audited figures.