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Vectone Network Limited

08693390

active
ltd
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

Level18, 40 Bank Street, London, E14 5NR
Incorporated 17/09/2013

Previously known as

Mundio Network Limited · until 23/03/2017

Compliance

Last accounts

25/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/08/2026

Due 19/08/2027

On track

Industry

61200
Wireless telecommunications activities

Officers

Mr Baskaran Allirajah

director · Since 15/12/2020

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 61 other boards

Baskaran Allirajah

director · Since 15/12/2020

British · England · Age 60

Former

Andoko Wicaksono

director · Resigned 24/08/2016

Loganathan Subramaniam

director · Resigned 16/12/2020

Persons with Significant Control

Mr Baskaran Allirajah

Significant control

British · England · Age 60

Level18,, 40 Bank Street, London, E14 5NR

Notified 16/09/2016

Vectone Investment Holding Ltd

75–100% shares

Level 18, 40, Bank Street, London, E14 5NR

Reg: 05506602 · England And Wales · Limited Company

Notified 27/02/2025

Change History

officer appointedALLIRAJAH, Baskaran
2026-07-25
statusactive
2026-07-25

Active

typeltd
2026-07-25

Private Limited Company

address line1Level18, 40 Bank Street
2026-07-25

LEVEL18,

post townLondon
2026-07-25

LONDON

CompanyRankvs 2370+ SIC 61200 peers
27

Financial strength20th percentile among SIC peers · 5/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength5/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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

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

Going Concern Doubt

the directors are aware of certain material uncertainties which may cause doubt on the company’s ability to continue as a going concern due to the company’s historical performance and congoing losses. As a result, the parent company has agreed to provide continuing financial support to the company, for at least twelve months after th

Key FinancialsYear ending 25/12/2024

Net Worth

£1

Balance sheet strength

Cash

£930

Cash in the bank

Net Current Assets

-£281k

Working capital

Current Assets

£138k

Current Liabilities

£419k

Debtors

£84k

0avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.33

Derived from filed accounts. Not audited figures.