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Jad Networks Ltd

11792144

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

22-24 HARBOROUGH ROAD, NORTHAMPTON, NN2 7AZ
Incorporated 28/01/2019

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 27/01/2026

Due 10/02/2027

On track

Industry

61100
Wired telecommunications activities

Officers

Mr Jonathan Alexander Downie

director · Since 28/01/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 3 other boards

Mrs Jacqueline Downie

director · Since 06/04/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 2 other boards

Persons with Significant Control

Mr Jonathan Alexander Downie

50–75% shares
50–75% votes

British · United Kingdom · Age 52

22-24, Harborough Road, Northampton, NN2 7AZ

Notified 28/01/2019

Jacqueline Downie

25–50% shares
25–50% votes

British · United Kingdom · Age 56

22-24, Harborough Road, Northampton, NN2 7AZ

Notified 30/11/2020

Former PSCs

Mr Bryan Woolmer

Ceased 26/01/2024

CompanyRankvs 2613+ SIC 61100 peers
34

Financial strength4th percentile among SIC peers · 1/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.46× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees9/15 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.

Longevity7/15 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 31/12/2024

Net Worth

-£42k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£57k

Working capital

Current Assets

£48k

Current Liabilities

£105k

Fixed Assets

£36k

Debtors

£33k

2avg. employees-1

Balance Sheet

Assets less current liabilities-£22k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.46+£3k
20230.36-£16k
20220.46-£16k
20210.42
20200.43
20191.05

Derived from filed accounts. Not audited figures.