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Network Surfacing Ltd

07787339

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)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT 3 GUARDIAN STREET, WARRINGTON, WA5 1SJ
Incorporated 26/09/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

42110
Construction of roads and motorways

Officers

Mr Karl Wignall

director · Since 26/09/2011

CIVIL ENGINEER

BRITISH · ENGLAND · Age 47

Mr Kevin James Offlands

director · Since 15/04/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 1 other board

Persons with Significant Control

Mr Karl Wignall

25–50% shares

British · England · Age 47

Unit 3 Guardian Street, Guardian Street Industrial Estate, Guardian Street, Warrington, WA5 1SJ

Notified 01/05/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 22/05/2017Registered 24/05/2017

CompanyRankvs 419+ SIC 42110 peers
56

Financial strength84th percentile among SIC peers · 21/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.17× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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7Dowhigh Limited
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8Debmat Surfacing Limited
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10Chantacre Limited
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419Network Surfacing Ltd
75
How is this score calculated?
Financial strength21/25 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.

Liquidity12/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 30/09/2024

Net Worth

£207k

Balance sheet strength

Cash

£94k

Cash in the bank

Net Current Assets

£176k

Working capital

Current Assets

£1.2M

Current Liabilities

£1.1M

Fixed Assets

£60k

Debtors

£1.1M

7avg. employees+2

Balance Sheet

Assets less current liabilities£236k
Signed by Mr K Offlands,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.17+£159k
20230.91-£10k
20220.98-£47k
20210.93-£19k
20200.91-£207k
20191.04+£54k
20180.96—

Derived from filed accounts. Not audited figures.