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Network Plus Multi Utility Limited

12598513

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

NETWORK PLUS MULTI UTILITY LTD CHADDOCK LANE, MANCHESTER, M28 1XW
Incorporated 12/05/2020

Compliance

Last accounts

30/03/2025

audit exemption subsidiary

Next accounts due

30/12/2026

On track

Confirmation statement

Last: 10/11/2025

Due 24/11/2026

On track

Industry

39000
Remediation activities and other waste management services

Officers

Mr Kevin Alexander Fowlie

director · Since 02/11/2023

CHIEF EXECUTIVE OFFICER

BRITISH · ENGLAND · Age 46

Also on 19 other boards

Mr Michael Porter

director · Since 02/11/2023

CHIEF FINANCIAL OFFICER

BRITISH · ENGLAND · Age 58

Also on 19 other boards

Mr James Martin Maitland

director · Since 04/11/2024

CHIEF COMMERCIAL OFFICER

BRITISH · ENGLAND · Age 42

Also on 19 other boards

David Brian Prescott

director · Since 11/02/2026

BRITISH · UNITED KINGDOM · Age 39

Also on 6 other boards

Persons with Significant Control

Network Plus Services Ltd

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

Network Plus, Chaddock Lane, Manchester, M28 1XW

Reg: 04057938 · Companies House · Limited Company

Notified 12/05/2020

Charges1 outstanding

Charge
outstanding

GLAS TRUST CORPORATION LIMITED AS SECURITY AGENT

Created 20/01/2023Registered 26/01/2023
Charge
satisfied

GLAS TRUST CORPORATION LIMITED AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 31/10/2020Registered 12/11/2020Satisfied 26/10/2022
Charge
satisfied

GLAS TRUST CORPORATION LIMITED AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 31/10/2020Registered 12/11/2020Satisfied 26/10/2022

CompanyRankvs 2548+ SIC 39000 peers
19

Financial strength0th percentile among SIC peers · 0/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.73× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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2548Network Plus Multi Utility Limited
25
How is this score calculated?
Financial strength0/25 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/03/2024

Net Worth

—

Balance sheet strength

Cash

£208k

Cash in the bank

Net Current Assets

-£512k

Working capital

Current Assets

£1.4M

Current Liabilities

£1.9M

Debtors

£1.2M

0avg. employees

Balance Sheet

Assets less current liabilities-£512k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.73
20230.85
20220.84
20210.54

Derived from filed accounts. Not audited figures.