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Worldwide Networks Group Ltd

11915321

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

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

SPRING TIDES 1 FREEGROUNDS ROAD, SOUTHAMPTON, SO30 0HG
Incorporated 30/03/2019

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 15/02/2026

Due 01/03/2027

On track

Industry

61900
Other telecommunications activities
62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Mr Darren Bailey

director · Since 30/03/2019

MD

BRITISH · UNITED KINGDOM · Age 58

Also on 1 other board

Persons with Significant Control

Mr Darren Bailey

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 58

128, City Road, London, EC1V 2NX

Notified 30/03/2019

Former PSCs

Mrs Michelle Bailey

Ceased 22/11/2021

CompanyRankvs 2570+ SIC 61900 peers
64

Financial strength87th percentile among SIC peers · 22/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 17.13× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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2570Worldwide Networks Group Ltd
64
How is this score calculated?
Financial strength22/25 pts

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

Employees0/15 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.

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 31/03/2025

Net Worth

£167k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

£159k

Working capital

Current Assets

£169k

Current Liabilities

£10k

Fixed Assets

£8k

Debtors

£156k

Balance Sheet

Assets less current liabilities£167k
Signed by Mr Darren Bailey 06/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202517.13+£21k
202438.37-£3k
20237.56+£52k
20224.69+£54k
20214.15+£41k
20200.52—

Derived from filed accounts. Not audited figures.