NETWORK CRITICAL SOLUTIONS LIMITED Financials
- Company number
- 04765116CopyCopy
- Registered office
- East Throp House 1 Paddock Road, Caversham, Reading, Berks RG4 5BY
- Incorporated
- 15/05/2003
Company snapshot
- Status
- Active
- Employees
- 10 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-1.15%vs 20222022: £2.55M
Total Assets
5.25%vs 20222022: £3.41M
Cash in Bank
71.27%vs 20222022: £37.78K
Total Liabilities
24.37%vs 20222022: £856.67K
Employees
0vs 20222022: 10
In 2023, NETWORK CRITICAL SOLUTIONS LIMITED reported net assets of £2.52M. The same filing shows total assets of £3.59M, cash in bank of £64.71K and total liabilities of £1.07M. Reported headcount was 10 in 2023. Total Liabilities rose from £856.67K in 2022 to £1.07M in 2023 (24.37%). Okredo holds filed figures for 2021–2023; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-1.15%from £2.55M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures NETWORK CRITICAL SOLUTIONS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-20%vs 2021-10.5% a year compound (CAGR)
Cash in Bank
+11.8%vs 2021+5.7% a year compound (CAGR)
Total Assets
-7.8%vs 2021-4% a year compound (CAGR)
Total Liabilities
+44.7%vs 2021+20.3% a year compound (CAGR)
Employees
0%vs 2021Biggest increase
Total Liabilities+44.7%
£736.21K in 2021 to £1.07M in 2023
Biggest decrease
Net Assets-20%
£3.15M in 2021 to £2.52M in 2023
NETWORK CRITICAL SOLUTIONS LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NETWORK CRITICAL SOLUTIONS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 70.22%2023
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 29.67%2023
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 6.07%2023
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 1.80%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for NETWORK CRITICAL SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 3.15M | 2.55M | 2.52M |
| Total Assets£ | 3.89M | 3.41M | 3.59M |
| Cash in Bank£ | 57.90K | 37.78K | 64.71K |
| Total Liabilities£ | 736.21K | 856.67K | 1.07M |
| Employees | 10 | 10 | 10 |
NETWORK CRITICAL SOLUTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NETWORK CRITICAL SOLUTIONS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
NETWORK CRITICAL SOLUTIONS LIMITED reported net assets of £2.52M for 2023. That compares with £2.55M in 2022, a change of -1.15%.
NETWORK CRITICAL SOLUTIONS LIMITED reported total assets of £3.59M for 2023. That compares with £3.41M in 2022, a change of 5.25%.
NETWORK CRITICAL SOLUTIONS LIMITED reported cash in bank of £64.71K for 2023. That compares with £37.78K in 2022, a change of 71.27%.
NETWORK CRITICAL SOLUTIONS LIMITED reported 10 employees in 2023, compared with 10 in 2022.
Between 2021 and 2023, NETWORK CRITICAL SOLUTIONS LIMITED's net assets fell by 20%, cash in bank rose by 11.8%, total assets fell by 7.8% and total liabilities rose by 44.7%. Net assets contracted at 10.5% a year across the two years to 2023, from £3.15M to £2.52M. Reported headcount went from 10 in 2021 to 10 in 2023.
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.