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Connexin Networks Limited

12875251

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

9TH FLOOR, LONDON, EC2V 6DN
Incorporated 13/09/2020

Compliance

Last accounts

30/09/2024

audit exemption subsidiary

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 12/09/2025

Due 26/09/2026

On track

Industry

61100
Wired telecommunications activities
61200
Wireless telecommunications activities

Officers

Dr Furqan Alamgir

director · Since 13/09/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 3 other boards

Ohs Secretaries Limited

secretary · Since 13/09/2020

Also on 436 other boards

Mr Ka Yiu Yeung

director · Since 13/09/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 7 other boards

Persons with Significant Control

Connexin Limited

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

9th Floor, 107 Cheapside, London, EC2V 6DN

Reg: 05823408 · Companies House · Limited By Shares

Notified 13/09/2020

Charges2 outstanding

Charge
outstanding

CONNECT IOT BIDCO LIMITED

Created 08/07/2022Registered 12/07/2022
Charge
outstanding

CONNECT LOT BIDCO LIMITED AS LENDER

Created 04/02/2022Registered 09/02/2022

CompanyRankvs 2997+ SIC 61100 peers
23

Financial strength17th percentile among SIC peers · 4/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.85× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength4/25 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 30/09/2023

Net Worth

£1

Balance sheet strength

Cash

£1.4M

Cash in the bank

Net Current Assets

-£1.8M

Working capital

Current Assets

£10.0M

Current Liabilities

£11.8M

Fixed Assets

£8.1M

Debtors

£8.5M

0avg. employees

Balance Sheet

Assets less current liabilities£6.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.85
20220.56+£2.4M

Derived from filed accounts. Not audited figures.