NETWORK N LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-21 (in 1y)
Last made up 2026-05-07
Watchouts
None on the register
Cash
£1M
Latest balance sheet
Net assets
£2M
Equity attributable
Employees
41
lowest in 6 filed years
Profit before tax
-£561K
lowest in 5 filed years
Net assets
9-year trend · vs Consumer Discretionary median
Accounts
9-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-03-31 | 2020-04-01 | 2021-03-31 | 2021-04-01 | 2022-03-31 | 2022-04-01 | 2023-03-31 | 2024-03-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | £12,468,892 | — | £27,392,997 | — | £33,145,941 | £27,999,407 | £11,462,061 | |
| Operating profit | — | — | £1,311,017 | — | £4,531,861 | — | £938,578 | £1,019,929 | -£580,085 | |
| Profit before tax | — | — | £1,309,272 | — | £4,529,059 | — | £938,902 | £1,041,667 | -£560,634 | |
| Net profit | — | — | £1,142,164 | — | £3,652,314 | — | £1,015,778 | £827,969 | -£517,832 | |
| Cash | £915,971 | £915,971 | £1,427,142 | £1,427,142 | £3,147,709 | — | £3,372,050 | £2,168,545 | £1,115,164 | |
| Total assets less current liabilities | £1,117,715 | — | £1,769,835 | — | £2,583,867 | — | £4,342,033 | £2,648,686 | £1,963,860 | |
| Net assets | £995,112 | — | £1,654,610 | — | £2,540,700 | — | £2,659,500 | £2,593,001 | £1,933,547 | |
| Equity | £995,112 | £995,112 | £1,654,610 | £1,654,610 | £2,540,700 | £2,540,700 | £2,659,500 | £2,593,001 | £1,933,547 | |
| Average employees | 64 | — | 80 | — | 112 | — | 48 | 48 | 41 | |
| Wages | — | — | £2,756,145 | — | £4,130,862 | — | £2,395,615 | £2,134,391 | £1,419,458 | |
| Directors' remuneration | — | — | £18,000 | — | £18,000 | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2024 · period ending 2024-12-31 vs 2024-03-31
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-03-31 | 2020-04-01 | 2021-03-31 | 2021-04-01 | 2022-03-31 | 2022-04-01 | 2023-03-31 | 2024-03-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | 10.5% | — | 16.5% | — | 2.8% | 3.6% | -5.1% | |
| Net margin | — | — | 9.2% | — | 13.3% | — | 3.1% | 3.0% | -4.5% | |
| Return on capital employed | — | — | 74.1% | — | 175.4% | — | 21.6% | 38.5% | -29.5% | |
| Current ratio | — | — | — | — | — | — | — | 1.56x | 1.56x | |
| Interest cover | — | — | 549.46x | — | 1385.04x | — | 625.30x | 497.53x | -259.31x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having prepared forecasts, the directors are confident that the Company has adequate headroom to continue to adopt the going concern basis and that it will realise its assets and meet its liabilities as they fall due for at least 12 months from the date of approval of these financial statements.”
Significant events
- “The Company has been acquired by Snigel Web Services Limited during the year and has shortened its reporting period by changing its reporting date from 31 March 2025 to 31 December 2024 to align with its new Parent Company.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BUCKMAN, Andrew Pierre | Director | 2026-01-01 | Dec 1972 | British,French |
| O’HALLORAN, Barry | Director | 2024-12-19 | Aug 1982 | Irish |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BINNS, James Aaron | Director | 2012-05-10 | 2024-12-19 |
| EDWARDS, Timothy Andrew | Director | 2012-07-30 | 2024-12-19 |
| JESCHKO, Christian | Director | 2024-12-19 | 2026-01-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Publisher Collective Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-06-09 | Active |
| Network N Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-03-31 | Ceased 2022-06-09 |
| Mr Timothy Andrew Edwards | Individual | Shares 25–50% | 2016-04-06 | Ceased 2022-03-31 |
| Mr James Aaron Binns | Individual | Shares 25–50% | 2016-04-06 | Ceased 2022-03-31 |
Filing timeline
Last 20 of 62 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-02 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2026-03-04 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-22 | AA | accounts | Accounts with accounts type full | |
| 2025-05-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-22 | AA01 | accounts | Change account reference date company previous shortened | |
| 2025-01-14 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-14 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-14 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-14 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-17 | AA | accounts | Accounts with accounts type full | |
| 2024-12-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-09-05 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-05-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-05-03 | SH02 | capital | Capital alter shares subdivision | |
| 2023-12-02 | AA | accounts | Accounts with accounts type full | |
| 2023-05-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-05-17 | CH01 | officers | Change person director company with change date | |
| 2023-04-14 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 1
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.