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Loren Networks Holding Ltd

15344737

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

CHARTER BUILDINGS, SALE, M33 6WT
Incorporated 12/12/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27120
Manufacture of electricity distribution and control apparatus
46520
Wholesale of electronic and telecommunications equipment and parts
71121
Engineering design activities for industrial process and production

Officers

Mr William Roger Clegg

director · Since 12/12/2023

CHARTERED ENGINEER

BRITISH · ENGLAND · Age 90

Also on 1 other board

Richard Edward Clegg

director · Since 24/12/2024

DIRECTOR

BRITISH · BULGARIA · Age 51

Sevdalin Ivanov Stanev

director · Since 24/12/2024

DIRECTOR

BULGARIAN · BULGARIA · Age 66

Persons with Significant Control

Mr Richard Edward Clegg

25–50% shares
25–50% votes

British · Bulgaria · Age 51

Charter Buildings, 9 Ashton Lane, Sale, M33 6WT

Notified 12/12/2023

Anna Milanova Rizova-Clegg

25–50% shares
25–50% votes

Bulgarian · Bulgaria · Age 53

Charter Buildings, 9 Ashton Lane, Sale, M33 6WT

Notified 24/12/2024

Vi Net Eood

25–50% shares
25–50% votes

84, Relivitsa St Ar 48, Sofia 1618

Reg: 200736050 · Bulgarian Commercial Register · Sole Owned Limited Liability Company

Notified 24/12/2024

CompanyRankvs 181+ SIC 27120 peers
67

Financial strength76th percentile among SIC peers · 19/25
Employees66th percentile among SIC peers · 10/15
LiquidityCurrent ratio 3.46× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 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.

Longevity3/15 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 31/12/2024

Net Worth

£333k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£220k

Working capital

Current Assets

£310k

Current Liabilities

£89k

Fixed Assets

£113k

Debtors

£305k

3avg. employees

Balance Sheet

Assets less current liabilities£333k
Signed by Mr Richard Clegg 11/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20243.46

Derived from filed accounts. Not audited figures.