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Mandata Network Limited

12518678

active
Private Limited Company
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

3RD FLOOR Q5 QUORUM BUSINESS PARK, NEWCASTLE UPON TYNE, NE12 8BS
Incorporated 16/03/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Neil Anthony Duffy

director · Since 08/07/2024

EXECUTIVE CHAIR

BRITISH · ENGLAND · Age 60

Also on 12 other boards

Mr Antony Ian English

director · Since 09/09/2024

CEO

BRITISH · ENGLAND · Age 57

Also on 6 other boards

Persons with Significant Control

Mandata Group Limited

75–100% shares
75–100% votes

5, Silverton Court, Cramlington, NE23 7RY

Reg: 11216360 · Companies House · Limited By Shares

Notified 22/05/2020

Former PSCs

Muckle Director Limited

Ceased 07/05/2020

Mandata (Holdings) Limited

Ceased 22/05/2020

Charges3 outstanding

Charge
outstanding

SANTANDER UK PLC (AS SECURITY AGENT)

Created 20/05/2026Registered 22/05/2026
Charge
outstanding

TENZING PRIVATE EQUITY LLP AS SECURITY AGENT

Created 06/10/2021Registered 11/10/2021
Charge
outstanding

SANTANDER UK PLC (AS SECURITY AGENT)

Created 06/10/2021Registered 07/10/2021
Charge
satisfied

LDC (MANAGERS) LIMITED (AS SECURITY TRUSTEE)

Created 19/06/2020Registered 03/07/2020Satisfied 14/10/2021
Charge
satisfied

SANTANDER UK PLC

Created 19/06/2020Registered 25/06/2020Satisfied 14/10/2021

CompanyRankvs 442620+ SIC 62090 peers
15

Financial strength2th percentile among SIC peers · 1/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees11/15 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.

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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going c

Key FinancialsYear ending 29/02/2024

Turnover

£432k

Annual revenue

Net Worth

-£407k

Balance sheet strength

Cash

£130k

Cash in the bank

Net Current Assets

-£2.1M

Working capital

Current Assets

£140k

Current Liabilities

£2.3M

Fixed Assets

£1.7M

Debtors

£10k

Cost of Sales

£68k

Gross Profit

£364k

Admin Expenses

£509k

Operating Profit

-£145k

Profit After Tax

-£134k

2avg. employees

Balance Sheet

Intangible assets£1.7M
Assets less current liabilities-£388k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent Ratio
20240.06

Derived from filed accounts. Not audited figures.