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Gig Networks Limited

11372277

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

5 PARSONAGE, MANCHESTER, M3 2HS
Incorporated 21/05/2018

Compliance

Last accounts

31/05/2024

micro entity

Next accounts due

28/02/2026

Overdue

Confirmation statement

Last: 23/12/2024

Due 06/01/2026

Overdue

Industry

61900
Other telecommunications activities

Officers

Mr Stephen Henesy

secretary · Since 21/05/2018

Mr Stephen John Henesy

director · Since 21/05/2018

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 8 other boards

Mr James Paul Ormerod

director · Since 21/05/2018

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 2 other boards

Persons with Significant Control

Mr James Paul Ormerod

Significant control

British · England · Age 44

Vispa Ltd, Delta House, Manchester, M22 5QZ

Notified 21/05/2018

Mr Stephen John Henesy

Significant control

British · England · Age 41

Helpthemove Ltd, 5 Parsonage, Manchester, M3 2HS

Notified 21/05/2018

CompanyRankvs 2722+ SIC 61900 peers
63

Financial strength73th percentile among SIC peers · 18/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 31.54× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees2/15 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.

Longevity8/15 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

£30k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£30k

Working capital

Current Assets

£31k

Current Liabilities

£991

Fixed Assets

£0

0avg. employees

Balance Sheet

Assets less current liabilities£30k
Signed by 1.6.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
202431.54+£10k
20238.57+£14k
20222.41
20211.68

Derived from filed accounts. Not audited figures.