Active

NETWORK N LIMITED Financials

Company number
08063183Copy
Copy
Registered office
124 City Road, London EC1V 2NX
Incorporated
10/05/2012

Company snapshot

Status
Active
Employees
48 (2024)
Latest financial data
2024
Accounts type
Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£2.59M2024
-2.50%vs 2023

2023: £2.66M

Total Assets

£7.28M2024
-22.10%vs 2023

2023: £9.34M

Cash in Bank

£2.17M2024
-35.69%vs 2023

2023: £3.37M

Total Liabilities

£4.60M2024
-30.07%vs 2023

2023: £6.58M

Employees

482024
0vs 2023

2023: 48

In 2024, NETWORK N LIMITED reported net assets of £2.59M. The same filing shows total assets of £7.28M, cash in bank of £2.17M and total liabilities of £4.60M. Reported headcount was 48 in 2024. Total Assets fell from £9.34M in 2023 to £7.28M in 2024 (-22.10%). Okredo holds filed figures for 2021–2024; 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

£2.59M2024
-2.50%from £2.66M in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures NETWORK N LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£2.54M2022£2.59M2024
+2.1%vs 2022

+1% a year compound (CAGR)

Cash in Bank

£3.15M2022£2.17M2024
-31.1%vs 2022

-17% a year compound (CAGR)

Total Assets

£9.27M2022£7.28M2024
-21.5%vs 2022

-11.4% a year compound (CAGR)

Total Liabilities

£6.66M2022£4.60M2024
-30.9%vs 2022

-16.9% a year compound (CAGR)

Employees

1122022482024
-57.1%vs 2022-64

Biggest increase

Net Assets+2.1%

£2.54M in 2022 to £2.59M in 2024

Biggest decrease

Employees-57.1%

112 in 2022 to 48 in 2024

NETWORK N LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from NETWORK N 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
35.63%2024
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
63.25%2024
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
47.11%2024
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
29.80%2024
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Revenue per employee
£583.32K2024
Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for NETWORK N LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£1.65M2.54M2.66M2.59M
Total Assets£4.38M9.27M9.34M7.28M
Cash in Bank£1.43M3.15M3.37M2.17M
Total Liabilities£2.50M6.66M6.58M4.60M
Employees801124848

NETWORK N LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for NETWORK N LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

NETWORK N LIMITED reported net assets of £2.59M for 2024. That compares with £2.66M in 2023, a change of -2.50%.

NETWORK N LIMITED reported total assets of £7.28M for 2024. That compares with £9.34M in 2023, a change of -22.10%.

NETWORK N LIMITED reported cash in bank of £2.17M for 2024. That compares with £3.37M in 2023, a change of -35.69%.

NETWORK N LIMITED reported 48 employees in 2024, compared with 48 in 2023.

Between 2022 and 2024, NETWORK N LIMITED's net assets rose by 2.1%, cash in bank fell by 31.1%, total assets fell by 21.5% and total liabilities fell by 30.9%. Net assets compounded at 1% a year across the two years to 2024, from £2.54M to £2.59M. Reported headcount went from 112 in 2022 to 48 in 2024 (-64).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.