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Netacea Group Limited

13901160

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

SUITE 5.06 DEPARTMENT BONDED WAREHOUSE, MANCHESTER, M3 4AP
Incorporated 08/02/2022

Compliance

Last accounts

31/03/2025

group

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 07/02/2026

Due 21/02/2027

On track

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities

Officers

Mr Andrew Rex Still

director · Since 20/04/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 6 other boards

Mr Patrick Alan Clarke

director · Since 24/07/2023

CHAIR PERSON

BRITISH · UNITED KINGDOM · Age 61

Also on 5 other boards

Mercia Fund Management (Nominees) Limited

director · Since 13/10/2023

BRITISH

Also on 109 other boards

Andrew James Birbeck

director · Since 05/01/2026

BRITISH · UNITED KINGDOM · Age 51

Also on 3 other boards

Jill Lorna Dovey

director · Since 05/01/2026

BRITISH · UNITED KINGDOM · Age 43

Also on 3 other boards

Persons with Significant Control

Mercia (General Partner) Limited

25–50% shares
25–50% votes

Forward House, 17 High Street, Henley-In-Arden, B95 5AA

Reg: 09705072 · Registrar Of Companies · Private Limited Company

Notified 11/04/2022

Former PSCs

Mr Jeremy Charles Gidlow

Ceased 11/04/2022

Charges1 outstanding

Charge
outstanding

MERCIA (GENERAL PARTNER) LIMITED AS GENERAL PARTNER OF MERCIA INVESTMENT PLAN LP

Created 05/12/2025Registered 20/12/2025

CompanyRankvs 37553+ SIC 62012 peers
18

Financial strength2th percentile among SIC peers · 1/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.13× · 12/20
Longevity4 years trading (max 15) · 4/15
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.

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity4/15 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

be secured. Nevertheless, because the Group is reliant on funding that is not yet committed, a material uncertainty exists that may cast significant doubt on the Group’s ability to continue as a going concern. The financial statements have been prepared on a going concern basis and do not include any adjustments that would arise if the Group were unable to continue as a going concern. Small c

Key FinancialsYear ending 31/03/2025

Net Worth

-£479k

Balance sheet strength

Cash

£1.2M

Cash in the bank

Profit Before Tax

-£4.9M

Bottom line earnings

Net Current Assets

£1.3M

Working capital

Current Assets

£11.9M

Current Liabilities

£10.6M

Fixed Assets

£13.5M

Debtors

£2.2M

Cost of Sales

£683k

Admin Expenses

£9.3M

Profit After Tax

-£3.6M

1avg. employees+1

People Costs

Wages & salaries£4.9M

Balance Sheet

Intangible assets£0
Assets less current liabilities£14.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.13-£483k
20240.90-£6.9M
20230.00

Derived from filed accounts. Not audited figures.