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Networx Utilities Limited

10508381

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

FLORDON ROAD, IPSWICH, IP6 8NH
Incorporated 02/12/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

42210
Construction of utility projects for fluids
42220
Construction of utility projects for electricity and telecommunications

Officers

Mr John Nicholas Edward Breheny

director · Since 02/12/2016

COMPANY CHAIRMAN

BRITISH · ENGLAND · Age 61

Also on 20 other boards

Mr Shums Aziz

secretary · Since 21/12/2018

Also on 18 other boards

Mr Shums Aziz

director · Since 01/07/2024

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 18 other boards

Persons with Significant Control

Breheny Group Limited

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

Flordon Road, Creeting St Mary, Ipswich, IP6 8NH

Reg: 04347292 · England · Limited Company

Notified 02/12/2016

Former PSCs

Breheny Group Limited

Ceased 16/07/2018

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 08/09/2023Registered 12/09/2023
Charge
satisfied

LLOYDS BANK PLC

Created 30/01/2019Registered 30/01/2019Satisfied 12/09/2023
Charge
satisfied

LLOYDS BANK PLC

Created 23/01/2019Registered 23/01/2019Satisfied 11/09/2023

CompanyRankvs 562+ SIC 42210 peers
33

Financial strength0th percentile among SIC peers · 0/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.9× · 6/20
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 strength0/25 pts

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

Employees12/15 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.

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 31/03/2025

Net Worth

-£507k

Balance sheet strength

Cash

£161k

Cash in the bank

Net Current Assets

-£522k

Working capital

Current Assets

£4.7M

Current Liabilities

£5.2M

Fixed Assets

£20k

Debtors

£4.5M

5avg. employees+1

Balance Sheet

Assets less current liabilities-£502k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.90
20240.86
20230.54
20220.63

Derived from filed accounts. Not audited figures.