Company Overview
Net Tech Group Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 21 September 1994, so this is a well established company. Net Tech Group Limited has been in business for 31 years and 6 months. The accounts status is total exemption full and the accounts are next due on Tuesday 31 March 2026.
Registered Address

Stone Masons Yard, 2A Cecil Avenue, Enfield, Middlesex, EN1 1PR
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Companies House Data
Company NameNET TECH GROUP LIMITED
Company Number02970252
Registered Office AddressStone Masons Yard
 2a Cecil Avenue
 EN1 1PR
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date21/09/1994
Accounting Reference Date Day30
Accounting Reference Date Month6
Accounts Next Due Date31/03/2026
Accounts Last Made Up Date30/06/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date08/10/2016
Returns Last Made Up Date10/09/2015
Previous Company NameChanged Date
NETWORK COMMUNICATIONS GROUP LIMITED02 Aug 2024
Directors & Members
Show Resigned
Graham Powling - Director
(British, 69 years old, born February 1957)
Appointed 04 October 1994
 Active
Secretaries
Show Resigned
Cheryl Powling - Secretary
(British)
Appointed 01 January 1997
 Active
Other Company Directorships
Graham Powling
ANGEL ASSET FINANCE LIMITED
BLUEBILL LTD
CONCERT GROUP LIMITED
CONCERT LIMITED
FUSION FOUR TELECOMS LIMITED
GLIDESPEC LIMITED
NETGRID LIMITED
NETWORK BUSINESS CALL LIMITED
NETWORK FINANCE LIMITED
NETWORK VOICE & DATA LIMITED
SPANISH PROPERTIES ASSETS MANAGEMENT LTD
TECTA SYSTEMS LIMITED
WAVEHILL IT SOLUTIONS LIMITED
Balance Sheet Unlock full report
Accounts Date 30-Jun-2024 30-Jun-2023 30-Jun-2022
Balance Sheet
Fixed Assets 1,499,547 1,499,547 1,183,421
Current Assets 1,664,043 1,664,043 1,318,593
Creditors Due Within One Year 1,898,860 1,898,860 1,354,271
Working Cap -234,817 -234,817 -35,678
Total Assets Less Current Liabilities 1,264,730 1,264,730 1,147,743
Long-term Liabilities 0 0 0
Net Assets 1,264,730 1,264,730 1,147,743
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 1,264,730 1,264,730 1,147,743
Common Size Financial Analysis Unlock full report
Accounts Date 30-Jun-2024 30-Jun-2023 30-Jun-2022
Tangible Fixed Assets - - -
Fixed Assets 47.4% 47.4% 47.3%
Stocks Inventory - - -
Debtors 45.1% 45.1% 46.4%
Cash Bank In Hand 7.5% 7.5% 6.3%
Current Assets 52.6% 52.6% 52.7%
Creditors Due Within One Year 60.0% 60.0% 54.1%
Net Current Assets Liabilities -7.4% -7.4% -1.4%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 40.0% 40.0% 45.9%
Capital Employed - - -
Total Assets Less Current Liabilities 40.0% 40.0% 45.9%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Jun-2024 30-Jun-2023 30-Jun-2022
Liquidity Ratio 0.9 0.9 1.0
Solvency Ratio 1.7 1.7 1.8
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 30-Jun-2024 30-Jun-2023 30-Jun-2022
Assets 3,163,590 3,163,590 2,502,014
Debt 1,898,860 1,898,860 1,354,271
Net Assets/Debt 1,264,730 1,264,730 1,147,743

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

As at the balance sheet date short term liquid assets were less than current debt. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.As at the balance sheet date short term liquid assets were less than current debt. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.As at the balance sheet date short term liquid assets were less than current debt. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around EN1 1PR
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139 BIRKBECK ROAD, ENFIELD, EN1 1PR
MAN MADE HEROES LIMITED
36 Cecil Avenue, Enfield, Middlesex, EN1 1PR
RECYCLING SUPPLIES LIMITED
Friarswood (Sas) Friarswood (Sas), Chipperfield Road, Kings Langley, EN1 1PR
PNNT LTD
30 Cecil Avenue, Enfield, London, EN1 1PR
FATTHEAD LIMITED
36 Cecil Avenue, Enfield, EN1 1PR
Document Filings
Confirmation statement made on 10 September 2025 with no updates
Confirmation statement made on 10 September 2024 with updates
Secretary's details changed for Mrs Cheryl Sonia Powling on 30 June 2024
Change of details for Mrs Cheryl Sonia Powling as a person with significant control on 30 June 2024
Change of details for Mr Graham Lewis Powling as a person with significant control on 30 June 2024
Director's details changed for Mr Graham Lewis Powling on 30 June 2024
Certificate of change of name
Registered office address changed from Nicholas House Riverfront Enfield Middlesex EN1 3TF to Stone Masons Yard 2a Cecil Avenue Enfield Middlesex EN1 1PR on 20 June 2024
Confirmation statement made on 10 September 2023 with no updates
Confirmation statement made on 10 September 2022 with no updates
Confirmation statement made on 10 September 2021 with updates
Satisfaction of charge 029702520001 in full
Confirmation statement made on 10 September 2020 with updates
Confirmation statement made on 10 September 2019 with updates
Confirmation statement made on 10 September 2018 with updates
Confirmation statement made on 10 September 2017 with updates
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