Back to search

Network 118 Ltd

07795386

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

BORN & CO. 1ST FLOOR, DEVONSHIRE HOUSE, LONDON, W1J 8AJ
Incorporated 03/10/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Magna Secretaries Ltd

secretary · Since 03/10/2011

BRITISH

Mr David Alonso Perez

director · Since 01/05/2017

COMPANY DIRECTOR

SPANISH · ENGLAND · Age 49

Also on 1 other board

Persons with Significant Control

Mr David Alonso Perez

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

Spanish · England · Age 49

Born & Co., 1st Floor, Devonshire House, London, W1J 8AJ

Notified 01/09/2017

Former PSCs

Miss Nicole Silvia Fruh

Ceased 31/08/2017

CompanyRankvs 8874+ SIC 62020 peers
78

Financial strength93th percentile among SIC peers · 23/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 2.49× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength23/25 pts

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

Employees5/15 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.

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

£198k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

£262k

Working capital

Current Assets

£437k

Current Liabilities

£175k

Fixed Assets

£200

Debtors

£431k

1avg. employees

Tax at Year End(2021)

Corp tax£26k

Director Loans(2023)

Directors owe company£124k

Balance Sheet

Assets less current liabilities£262k
Prepared with BTCSoftware AP Solution 2025 12.1.03

EstimatesDerived

YearCurrent RatioImplied Profit
20242.49+£64k
20232.28+£59k
20212.99+£33k
20202.01
20191.41
20181.67

Derived from filed accounts. Not audited figures.