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Cadence Networks Ltd

06852472

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

6TH FLOOR, LONDON, EC2Y 5EB
Incorporated 19/03/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

63110
Data processing, hosting and related activities

Officers

Mr Rajiv Sharma

secretary · Since 21/09/2023

Christopher Traggio

director · Since 21/09/2023

CEO VONEUS BROADBAND

FRENCH · FRANCE · Age 61

Mr Alexander Christian Thi Truong

director · Since 24/10/2025

ACCOUNTANT

BRITISH · ENGLAND · Age 48

Also on 2 other boards

Persons with Significant Control

Voneus Limited

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

5th Floor, Halo, Counterslip, Bristol, BS1 6AJ

Reg: 07849963 · Companies House · Private Limited Company

Notified 21/09/2023

Former PSCs

Mr Adam Nathan Gent

Ceased 20/12/2021

Mr Ashley Richard Young

Ceased 20/12/2021

Rural Broadband Solutions Plc

Ceased 20/12/2021

Rural Broadband Solutions Plc

Ceased 25/10/2022

Rural Broadband Solutions Holdings Limited

Ceased 21/09/2023

CompanyRankvs 2818+ SIC 63110 peers
66

Financial strength66th percentile among SIC peers · 17/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.81× · 6/20
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 strength17/25 pts

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

Employees13/15 pts

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

Liquidity6/20 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 31/12/2022

Net Worth

£5k

Balance sheet strength

Cash

£43k

Cash in the bank

Net Current Assets

-£26k

Working capital

Current Assets

£112k

Current Liabilities

£138k

Fixed Assets

£44k

Debtors

£70k

3avg. employees+1

Tax at Year End(2021)

VAT£151

Director Loans(2021)

Company owes directors£35k

Balance Sheet

Intangible assets£37k
Assets less current liabilities£18k
Signed by 2022-01-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20220.81-£33k
20211.34+£25k
20210.74+£25k£3k
20200.47-£18k£27k
20190.67

Derived from filed accounts. Not audited figures.