NETWORK AFFORDABLE DEVELOPMENTS LTD
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Cash
£30k
-79.3% lowest in 3 filed years
Net assets
£10m
-75% lowest in 3 filed years
Employees
0
Average over period
Profit before tax
£490k
-67% lowest in 3 filed years
Net assets
3-year trend · vs Real Estate median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | £11,076,000 | — | — | |
| Operating profit | -£43,000 | £8,000 | -£41,000 | -612.5% | |
| Profit before tax | £1,145,000 | £1,485,000 | £490,000 | -67% | |
| Net profit | £1,145,000 | £1,485,000 | £490,000 | -67% | |
| Cash | £89,000 | £145,000 | £30,000 | -79.3% | |
| Total assets less current liabilities | £48,538,000 | £40,000,000 | £41,914,000 | +4.8% | |
| Net assets | £40,000,000 | £40,000,000 | £10,000,000 | -75% | |
| Equity | £40,000,000 | £40,000,000 | £10,000,000 | -75% | |
| Average employees | 0 | 0 | 0 | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | — | 0.1% | — | |
| Net margin | — | 13.4% | — | |
| Return on capital employed | -0.1% | 0.0% | -0.1% | |
| Gearing (liabilities / total assets) | 21.6% | 3.6% | 80.0% | |
| Current ratio | 17.27x | 17.94x | 2.82x | |
| Interest cover | — | — | -0.04x |
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.
Name history
Renamed 1 time since incorporation
- NETWORK AFFORDABLE DEVELOPMENTS LTD 2021-01-12 → present
- NETWORK LIVING MANAGEMENT SERVICES LTD 2014-05-13 → 2021-01-12
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“we have not identified, and concur with the directors' assessment that there is not, a material uncertainty related to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for the going concern period.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ELWIN, Carol Lucy | Secretary | 2024-06-07 | — | — |
| BIRD, Matthew David | Director | 2021-01-08 | Feb 1982 | British |
| DHOLAKIA, Anup Kumar | Director | 2021-01-08 | Jun 1988 | British |
| GALLAGHER, Sean David | Director | 2024-09-19 | Jan 1984 | British |
| LOIZOU, Despina | Director | 2021-01-08 | Nov 1970 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRENYA, Asantewaa | Secretary | 2022-03-29 | 2024-06-06 |
| ESO, Ibi, Ms. | Secretary | 2016-02-01 | 2016-06-09 |
| KASSEM, Tabitha | Secretary | 2016-06-09 | 2022-03-29 |
| GOOCH, David Howard | Director | 2021-01-08 | 2025-03-31 |
| GOODING, Jonathan Michael | Director | 2021-01-08 | 2025-03-31 |
| GREGG, Graham | Director | 2021-01-08 | 2024-09-19 |
| KLEANTHOUS, Trudi | Director | 2015-07-30 | 2015-10-30 |
| LEVY, Darren | Director | 2015-07-30 | 2017-07-31 |
| MITCHELL, Colin James | Director | 2019-01-01 | 2025-03-31 |
| NETHERCOTT, Barry | Director | 2017-07-25 | 2018-12-31 |
| REGER, Richard Michael | Director | 2014-05-13 | 2016-01-29 |
| SAUNDERS, Ian William | Director | 2014-05-13 | 2014-05-13 |
| SLOCOMBE, Guy Kingsley | Director | 2025-04-01 | 2025-05-09 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 73 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-06-20 RESOLUTIONS Resolution
- 2025-06-18 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-07 | AA | accounts | Accounts with accounts type full | |
| 2026-02-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-12-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-07 | AA | accounts | Accounts with accounts type full | |
| 2025-06-20 | RESOLUTIONS | resolution | Resolution | |
| 2025-06-18 | SH20 | capital | Legacy | |
| 2025-06-18 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-06-18 | CAP-SS | insolvency | Legacy | |
| 2025-06-18 | RESOLUTIONS | resolution | Resolution | |
| 2025-05-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-23 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-29 | AA | accounts | Accounts with accounts type full | |
| 2024-09-24 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-20 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-13 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-06-13 | TM02 | officers | Termination secretary company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 0
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.