Finatt Networks Limited
06993065
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 17/08/2009
BRITISH · ENGLAND · Age 64
Also on 1 other board
Persons with Significant Control
Mr Fred Kobla Adjei
British · England · Age 69
139, Arundel Drive, Borehamwood, WD6 2LZ
Notified 17/08/2016
CompanyRankvs 86256+ SIC 62020 peers36
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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
-£10k
Balance sheet strength
Cash
£1k
Cash in the bank
Net Current Assets
-£10k
Working capital
Current Assets
£1k
Current Liabilities
£11k
Fixed Assets
£147
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.10 | -£721 |
| 2024 | 0.01 | -£702 |
| 2023 | 0.02 | -£475 |
| 2022 | 0.03 | -£448 |
| 2021 | 0.04 | -£145 |
| 2020 | 0.03 | -£56 |
| 2019 | 0.01 | -£178 |
| 2018 | 0.02 | — |
Derived from filed accounts. Not audited figures.