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Network Plus Topco Ltd

10060006

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

NETWORK PLUS TOPCO LTD CHADDOCK LANE, MANCHESTER, M28 1XW
Incorporated 13/03/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Kevin Alexander Fowlie

director · Since 02/11/2023

CHIEF EXECUTIVE OFFICER

BRITISH · ENGLAND · Age 46

Also on 19 other boards

Mr Michael Porter

director · Since 02/11/2023

CHIEF FINANCIAL OFFICER

BRITISH · ENGLAND · Age 58

Also on 19 other boards

Mr James Martin Maitland

director · Since 04/11/2024

CHIEF COMMERCIAL OFFICER

BRITISH · ENGLAND · Age 42

Also on 19 other boards

Persons with Significant Control

Network Plus Group Limited

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

Network Plus, Chaddock Lane, Manchester, M28 1XW

Reg: 12124738 · England And Wales · Private Limited Company

Notified 30/08/2019

Former PSCs

Miss Fiona Dillon

Ceased 06/07/2017

Mr Graham Mark Stott

Ceased 06/07/2017

Mr Daniel Lawrence Holland

Ceased 30/08/2019

Mr Stuart Alan Fraser

Ceased 30/08/2019

Charges2 outstanding

Charge
satisfied

GLAS TRUST CORPORATION LIMITED AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 31/10/2020Registered 12/11/2020Satisfied 26/10/2022
Charge
satisfied

GLAS TRUST CORPORATION LIMITED AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 30/08/2019Registered 06/09/2019Satisfied 26/10/2022
Charge
outstanding

LLOYDS BANK PLC

Created 20/11/2017Registered 21/11/2017
Charge
satisfied

THOMAS GALLAGHER

Created 16/05/2016Registered 17/05/2016Satisfied 16/09/2020
Charge
outstanding

LLOYDS BANK PLC

Created 22/04/2016Registered 26/04/2016
Charge
satisfied

LLOYDS BANK PLC

Created 30/03/2016Registered 30/03/2016Satisfied 04/11/2020

CompanyRankvs 31446+ SIC 64209 peers
32

Financial strength46th percentile among SIC peers · 12/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength12/25 pts

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

Employees3/15 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.

Longevity10/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/03/2024

Net Worth

£107

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£31.9M

Working capital

Current Assets

£2k

Current Liabilities

£31.9M

Debtors

£123

0avg. employees

Tax at Year End(2019)

Dividends paid£2.0M

People Costs(2019)

Wages & salaries£32.1M
NI contributions£3.2M

Balance Sheet

Assets less current liabilities£2.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00
20230.01
20220.01
20210.01
20200.03-£248k
20190.13

Derived from filed accounts. Not audited figures.