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Industrial Networks Limited

12474275

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

S1 LASYARD HOUSE, BRIDGNORTH, WV16 4BB
Incorporated 20/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Gavin Andrew Cartwright

director · Since 20/02/2020

IT TECHNICIAN

BRITISH · UNITED KINGDOM · Age 44

Also on 2 other boards

Mr Geoffrey Cartwright

director · Since 20/02/2020

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Mr Mark Fletcher

director · Since 20/02/2020

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 2 other boards

Persons with Significant Control

Mr Gavin Andrew Cartwright

25–50% shares

British · United Kingdom · Age 44

S1 Lasyard House, Underhill Street, Bridgnorth, WV16 4BB

Notified 20/02/2020

Itl Holdings Ltd

25–50% shares

S1, Underhill Street, Bridgnorth, WV16 4BB

Reg: 09985389 · Register Of Companies · Company Limited By Shares

Notified 20/02/2020

Former PSCs

Mr Mark Fletcher

Ceased 19/02/2023

Mr Geoffrey Cartwright

Ceased 19/02/2023

CompanyRankvs 4292+ SIC 62012 peers
78

Financial strength96th percentile among SIC peers · 24/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 8.72× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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4292Industrial Networks Limited
78
How is this score calculated?
Financial strength24/25 pts

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

Employees13/15 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.

Longevity6/15 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 28/02/2025

Net Worth

£760k

Balance sheet strength

Cash

£641k

Cash in the bank

Net Current Assets

£763k

Working capital

Current Assets

£862k

Current Liabilities

£99k

Fixed Assets

£6k

Debtors

£214k

3avg. employees+3

Balance Sheet

Assets less current liabilities£768k
Signed by Mr Gavin Cartwright 27th November 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20258.72+£704k
20212.02—

Derived from filed accounts. Not audited figures.