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Snetterton Telecom Limited

13946907

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

SNETTERTON PARK, UNIT 3F HARLING ROAD, NORWICH, NR16 2JU
Incorporated 01/03/2022

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 14/07/2025

Due 28/07/2026

On track

Industry

61100
Wired telecommunications activities

Officers

Mr Joseph Read

director · Since 01/03/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Mrs Louise Claire Read-Farrell

director · Since 06/05/2025

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 11 other boards

Mrs Carly Michelle Read-Musgrave

director · Since 06/05/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 7 other boards

Persons with Significant Control

Mr Joseph Read

25–50% shares
25–50% votes

British · United Kingdom · Age 70

Snetterton Telecom C/O Reads Property Developments, Unit 20, Hopper Way, Diss, IP22 4GT

Notified 01/03/2022

Former PSCs

Mr Paul Leonard Downing

Ceased 06/05/2025

CompanyRankvs 2821+ SIC 61100 peers
31

Financial strength4th percentile among SIC peers · 1/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.42× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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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.

Employees9/15 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.

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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£44k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

-£59k

Working capital

Current Assets

£25k

Current Liabilities

£59k

Fixed Assets

£15k

Debtors

£26k

2avg. employees

Balance Sheet

Assets less current liabilities-£44k

EstimatesDerived

YearCurrent RatioImplied Profit
20250.42-£22k
20242.98
20230.96

Derived from filed accounts. Not audited figures.