Ipswitch Networks Ltd
07463461
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Charles Christopher Lamb
British · United Kingdom · Age 60
5th Floor, Queen Street, London, EC4R 1DD
Notified 06/04/2016
Former PSCs
Mrs Inga Lamb
Ceased 21/02/2025
Charges0 outstanding
PROGRESSIVE NETWORKS LIMITED
CompanyRankvs 13687+ SIC 62090 peers67
Show leaderboard
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 31/12/2024
Net Worth
£30k
Balance sheet strength
Cash
£164
Cash in the bank
Net Current Assets
£34k
Working capital
Current Assets
£131k
Current Liabilities
£97k
Fixed Assets
£2k
Debtors
£131k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 1.35 | -£29k | £202k |
| 2023 | 2.04 | -£40k | £284k |
| 2022 | 2.67 | -£18k | £200k |
| 2021 | 3.46 | -£78k | — |
| 2020 | 2.42 | +£15k | — |
| 2019 | 2.29 | +£65k | — |
| 2018 | 2.70 | — | — |
Derived from filed accounts. Not audited figures.