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Covid Testing Network Ltd

12678406

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

C/O JAMES COWPER KRESTON, SOUTHAMPTON, SO15 2NP
Incorporated 17/06/2020

Compliance

Last accounts

30/06/2021

small

Next accounts due

31/03/2023

Overdue

Confirmation statement

Last: 16/06/2022

Due 30/06/2023

Overdue

Industry

46180
Agents specialised in the sale of other particular products
71200
Technical testing and analysis

Officers

Mr Ian Brownbill

director · Since 17/06/2020

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Mr Timothy William Perkin

director · Since 17/06/2020

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 5 other boards

Mr Akshay Kumar

director · Since 01/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Persons with Significant Control

Mr Timothy William Perkin

25–50% shares
25–50% votes

British · England · Age 44

White Building, 1-4 Cumberland Place, Southampton, SO15 2NP

Notified 17/06/2020

Mr Ian Brownbill

25–50% shares
25–50% votes

British · England · Age 47

White Building, 1-4 Cumberland Place, Southampton, SO15 2NP

Notified 17/06/2020

Insolvency History1 case

members voluntary liquidation14/11/2022

Thomas Charles Russell (practitioner) · Sandra Lillian Mundy (practitioner)

CompanyRankvs 15+ SIC 46180 peers
31

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 3.28× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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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.

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.

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

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/06/2021

Net Worth

£4.4M

Balance sheet strength

Cash

£5.8M

Cash in the bank

Net Current Assets

£4.4M

Working capital

Current Assets

£6.3M

Current Liabilities

£1.9M

Debtors

£464k

Profit After Tax

£4.3M

0avg. employees

Tax at Year End

Corp tax£1.0M

Balance Sheet

Assets less current liabilities£4.4M
Prepared with Caseware UK (AP4) 2020.0.247

EstimatesDerived

YearCurrent Ratio
20213.28

Derived from filed accounts. Not audited figures.