Back to search

Bal Networks Limited

09715690

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 03/08/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr David Kwame Osei-Aboagye

director · Since 03/08/2015

TELECOMS CONSULTANT

UNITED KINGDOM · UNITED KINGDOM · Age 44

Persons with Significant Control

Mr David Kwame Osei Aboagye

75–100% shares
ownership-of-shares-75-to-100-percent-as-firm
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm
Significant control

British · England · Age 44

20-22, Wenlock Road, London, N1 7GU

Notified 03/08/2016

CompanyRankvs 27184+ SIC 62090 peers
53

Financial strength3th percentile among SIC peers · 1/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 2.11× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength1/25 pts

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

Employees6/15 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.

Longevity11/15 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 02/02/2025

Net Worth

-£108k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£68k

Working capital

Current Assets

£129k

Current Liabilities

£61k

Fixed Assets

£8k

1avg. employees

Balance Sheet

Assets less current liabilities£76k
Signed by 3.2.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20252.11-£17k
20241.37-£46k
20231.10-£28k
20221.01-£22k
20211.31+£7k
20201.03+£12k
20191.69

Derived from filed accounts. Not audited figures.