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Mobility Networks (Holdings) Limited

08295602

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

C/O QUANTUMA ADVISORY LIMITED 20 ST. ANDREW STREET, LONDON, EC4A 3AG
Incorporated 15/11/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Mr Michael Robert Simmonds

director · Since 15/11/2012

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 8 other boards

Persons with Significant Control

Roxana Investments Limited

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

12, Estuary View Business Park, Whitstable, CT5 3SE

Reg: 07834979 · Companies House · Limited By Shares

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/10/2017Registered 31/10/2017
Charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 26/04/2017Registered 28/04/2017

CompanyRankvs 15+ SIC 70100 peers
15

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.8× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

Longevity14/15 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Directors with respect to going concern are d

Key FinancialsYear ending 31/12/2020

Turnover

£4.8M

Annual revenue

Net Worth

-£556k

Balance sheet strength

Cash

£308k

Cash in the bank

Profit Before Tax

-£76k

Bottom line earnings

Net Current Assets

-£1.3M

Working capital

Current Assets

£5.0M

Current Liabilities

£6.3M

Fixed Assets

£1.3M

Cost of Sales

£4.1M

Gross Profit

£723k

Admin Expenses

£1.0M

Operating Profit

-£95k

Profit After Tax

-£102k

11avg. employees

Tax at Year End

Corp tax£4k

People Costs

Wages & salaries£387k
NI contributions£42k

Balance Sheet

Intangible assets£593k
Bank loans & overdrafts£73k
Prepared with Caseware UK (AP4) 2020.0.247

EstimatesDerived

YearCurrent RatioImplied Profit
20200.80-£101k
20190.67-£31k
20180.72

Derived from filed accounts. Not audited figures.