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Titan Network Services Limited

06249313

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

COLONY ONE SILK STREET, MANCHESTER, M4 6LZ
Incorporated 16/05/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

61900
Other telecommunications activities
62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Melissa Maria Rambridge

director · Since 19/09/2024

CHIEF OPERATING OFFICER

BRITISH · ENGLAND · Age 38

Also on 15 other boards

Mr Richard William Vogt

director · Since 19/09/2024

CHIEF FINANCIAL OFFICER

BRITISH · ENGLAND · Age 33

Also on 16 other boards

Persons with Significant Control

Intec Business Technology Limited

75–100% shares

Reedham House, 31 King Street West, Manchester, M3 2PJ

Reg: 12263819 · Companies House · Private Limited Company

Notified 06/11/2019

Former PSCs

Mr Michael Omar Satiar

Ceased 06/11/2019

Mr Garry Ian Grimshaw

Ceased 06/11/2019

Charges1 outstanding

Charge
outstanding

DUKE ROYALTY UK LIMITED

Created 21/07/2021Registered 28/07/2021
Charge
satisfied

GROWTH LENDING 2020 LIMITED

Created 14/10/2020Registered 23/10/2020Satisfied 20/01/2023
Charge
satisfied

IL2 (2018)

Created 07/11/2019Registered 12/11/2019Satisfied 18/12/2020

CompanyRankvs 129+ SIC 61900 peers
78

Financial strength94th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.78× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2023

Net Worth

£828k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

£852k

Working capital

Current Assets

£1.1M

Current Liabilities

£225k

Fixed Assets

£37k

Debtors

£1.1M

17avg. employees-2

Tax at Year End(2019)

Corp tax£25k
VAT£11k

Balance Sheet

Intangible assets£23k
Assets less current liabilities£889k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20234.78+£74k
20222.64+£49k
20213.01+£224k
20203.52+£479k
20191.42£224k

Derived from filed accounts. Not audited figures.