Applogic Networks Op (Uk) Ltd
10791762
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 25/05/2026
Due 08/06/2027
Industry
Officers
director · Since 27/05/2025
DIRECTOR
AMERICAN · UNITED STATES · Age 53
Also on 1 other board
Persons with Significant Control
Applogic Networks Uk Limited
12, New Fetter Lane, London, EC4A 1JP
Reg: 16176767 · Companies House · Private Limited Company
Notified 28/07/2025
Former PSCs
Sandvine Holdings Uk Limited
Ceased 28/07/2025
Charges0 outstanding
ACQUIOM AGENCY SERVICES LLC
JEFFERIES FINANCE LLC
BARINGS FINANCE LLC
JPMORGAN CHASE BANK, N.A. (THE "SECURITY AGENT")
ANTARES CAPITAL LP AS SECURITY AGENT
CompanyRankvs 1145+ SIC 61900 peers65
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Creditors Arrangement Act ("CCAA") in the Ontario Superior Court of Justice and the Court for the Northern District of Texas which may cast significant doubt on the Company's ability to continue as a going concern. As stated in note 2.2, these events or conditions, along with the other matters as set forth in note 2.2, indicate that a material uncertainty exists that may cast significant doubt on
Key FinancialsYear ending 31/12/2024
Net Worth
£3.6M
Balance sheet strength
Cash
£239k
Cash in the bank
Net Current Assets
£3.6M
Working capital
Current Assets
£10.8M
Current Liabilities
£7.2M
Fixed Assets
£915
Debtors
£10.6M
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.50 | -£1.3M |
| 2023 | 1.75 | — |
Derived from filed accounts. Not audited figures.