Boundless Networks Limited
05801757
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 02/05/2026
Due 16/05/2027
Industry
Officers
director · Since 30/07/2021
DIRECTOR
BRITISH · UNITED KINGDOM · Age 57
Also on 6 other boards
director · Since 20/10/2025
DIRECTOR
BRITISH · ENGLAND · Age 50
Also on 7 other boards
Persons with Significant Control
Qcl Holdings Limited
The Mill House, Albion Mills, Willerby, HU10 6DN
Reg: 11734097 · Companies House · Private Company Limited By Shares
Notified 30/07/2021
Former PSCs
Mr David Richard Hood
Ceased 24/01/2023
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC AS SECURITY TRUSTEE
DAVID RICHARD HOOD
CompanyRankvs 13150+ SIC 61200 peers52
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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.
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 31/12/2024
Net Worth
-£3.4M
Balance sheet strength
Cash
£1.1M
Cash in the bank
Net Current Assets
£1.1M
Working capital
Current Assets
£1.5M
Current Liabilities
£403k
Fixed Assets
£549k
Debtors
£190k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.83 | +£113k |
| 2023 | 2.46 | -£168k |
| 2021 | 0.88 | +£694k |
| 2021 | 1.08 | -£780k |
| 2020 | 2.91 | -£690k |
| 2019 | 4.88 | -£478k |
| 2018 | 0.18 | — |
Derived from filed accounts. Not audited figures.