Back to search

Blockwise Network Limited

10748513

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

UNIT 2, METHAB HOUSE, MANCHESTER, M8 8QG
Incorporated 02/05/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
42220
Construction of utility projects for electricity and telecommunications
46770
Wholesale of waste and scrap
46900
Non-specialised wholesale trade

Officers

Mr Umer Khalid

director · Since 10/07/2024

DIRECTOR

PAKISTANI · ENGLAND · Age 32

Persons with Significant Control

Mr Umer Khalid

ownership-of-shares-75-to-100-percent-as-trust

Pakistani · England · Age 32

Unit 2, Methab House, 4 Stocks Street, Manchester, M8 8QG

Notified 10/07/2024

Former PSCs

Dr Liaqat Ali Malik

Ceased 01/08/2017

Mr Irfan Reza Malik

Ceased 02/02/2020

Dr Liaqat Malik

Ceased 02/06/2020

Mr Abdul Sattar

Ceased 24/07/2024

CompanyRankvs 2332+ SIC 41100 peers
83

Financial strength95th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 6.62× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 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.

Longevity9/15 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 31/05/2024

Net Worth

£1.3M

Balance sheet strength

Cash

£268k

Cash in the bank

Net Current Assets

£604k

Working capital

Current Assets

£712k

Current Liabilities

£107k

Fixed Assets

£1.0M

Debtors

£444k

12avg. employees+2

Director Loans

Company owes directors£109k

Balance Sheet

Intangible assets£326k
Assets less current liabilities£1.7M
Signed by 28/06/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20246.62+£827k
20230.25+£0
20230.25+£342k
20220.03+£475k
20210.01-£568k
2020+£163k

Derived from filed accounts. Not audited figures.