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Commercis Network Ltd

12252847

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

25 CABOT SQUARE, LONDON, E14 4QZ
Incorporated 09/10/2019

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 08/10/2025

Due 22/10/2026

On track

Industry

61200
Wireless telecommunications activities

Officers

Mr Alan Afrasiab

director · Since 09/10/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 13 other boards

Persons with Significant Control

Commercis Plc

75–100% shares
75–100% votes
Appoint directors

Third Floor, 6 - 8 James Street, London, W1U 1ED

Reg: 12425375 · Uk Register Of Companies · Plc

Notified 05/10/2020

Former PSCs

Talia Holding Ltd

Ceased 05/10/2020

CompanyRankvs 2038+ SIC 61200 peers
47

Financial strength69th percentile among SIC peers · 17/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.62× · 6/20
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 strength17/25 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.

Liquidity6/20 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

£19k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£10k

Working capital

Current Assets

£43k

Current Liabilities

£70k

Fixed Assets

£28k

0avg. employees

Balance Sheet

Assets less current liabilities£19k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.62+£30k
20230.01-£5k
20220.02-£4k
20210.01

Derived from filed accounts. Not audited figures.