Company Overview
Skillnet Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 10 October 2002, so this is a well established company. Skillnet Limited has been in business for 23 years and 5 months. The accounts status is full and the accounts are next due on Thursday 30 April 2026.
Registered Address

First Floor Radius House, 51 Clarendon Road, Watford, Herts, WD17 1HP
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Companies House Data
Company NameSKILLNET LIMITED
Company Number04559473
Registered Office AddressFirst Floor Radius House
 51 Clarendon Road
 WD17 1HP
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date10/10/2002
Accounting Reference Date Day31
Accounting Reference Date Month7
Accounts Next Due Date30/04/2026
Accounts Last Made Up Date31/07/2024
Accounts Account CategoryFULL
Returns Next Due Date07/11/2016
Returns Last Made Up Date10/10/2015
Directors & Members
Show Resigned
Christopher Kenny - Director
(British, 61 years old, born February 1965)
Appointed 18 December 2020
 Active
Eugene Lowry - Director
(Irish, 60 years old, born February 1966)
Appointed 02 December 2020
 Active
Richard Wilman - Director
(British, 63 years old, born October 1963)
Appointed 02 December 2020
 Active
Secretaries
Show Resigned
Other Company Directorships
Christopher Kenny
SKILLNET TRAINING LIMITED
Eugene Lowry
SKILLNET TRAINING LIMITED
V2 ACADEMY LTD
V2 AWARDS LIMITED
Richard Wilman
SKILLNET TRAINING LIMITED
V2 ACADEMY LTD
V2 AWARDS LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Jul-2024 31-Jul-2015 31-Jul-2014
Balance Sheet
Fixed Assets 464,162 464,162 445,044
Current Assets 4,126,205 4,126,205 4,674,346
Creditors Due Within One Year 2,380,196 2,380,196 2,266,421
Working Cap 1,746,009 1,746,009 2,407,925
Total Assets Less Current Liabilities 2,210,171 2,210,171 2,852,969
Long-term Liabilities 43,709 43,709 36,806
Net Assets 2,166,462 2,166,462 2,816,163
Share Capital & Reserves
Share Cap 200 200 200
Profit & Loss Reserves 2,166,262 2,166,262 2,815,963
Other Reserves 0 0 0
Shareholders Funds 2,166,462 2,166,462 2,816,163
Common Size Financial Analysis Unlock full report
Accounts Date 31-Jul-2024 31-Jul-2015 31-Jul-2014
Tangible Fixed Assets - - -
Fixed Assets 10.1% 10.1% 8.7%
Stocks Inventory 0.0% 0.0% 0.0%
Debtors 13.5% 13.5% 9.2%
Cash Bank In Hand 22.8% 22.8% 21.2%
Current Assets 89.9% 89.9% 91.3%
Creditors Due Within One Year 51.9% 51.9% 44.3%
Net Current Assets Liabilities 38.0% 38.0% 47.0%
Creditors Due After One Year 1.0% 1.0% 0.7%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 47.2% 47.2% 55.0%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 47.2% 47.2% 55.0%
Shareholder Funds 47.2% 47.2% 55.0%
Capital Employed - - -
Total Assets Less Current Liabilities 48.1% 48.1% 55.7%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Jul-2024 31-Jul-2015 31-Jul-2014
Liquidity Ratio 1.7 1.7 2.1
Solvency Ratio 1.9 1.9 2.2
Reserves to Assets 0.5 0.5 0.6
Secured Creditors Unlock full report
Mortgages Charges 6
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 5
Assets and Debt Analysis Unlock full report
Accounts Date 31-Jul-2024 31-Jul-2015 31-Jul-2014
Assets 4,590,367 4,590,367 5,119,390
Debt 2,423,905 2,423,905 2,303,227
Net Assets/Debt 2,166,462 2,166,462 2,816,163

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.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. 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.

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.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. 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 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.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. 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.

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
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Document Filings
Confirmation statement made on 10 October 2025 with no updates
Satisfaction of charge 045594730006 in full
Second filing of the annual return made up to 10 October 2010
Second filing of the annual return made up to 10 October 2009
Second filing of the annual return made up to 10 October 2015
Second filing of the annual return made up to 10 October 2014
Second filing of the annual return made up to 10 October 2013
Second filing of the annual return made up to 10 October 2012
Second filing of the annual return made up to 10 October 2011
Confirmation statement made on 10 October 2024 with no updates
Confirmation statement made on 10 October 2023 with no updates
Confirmation statement made on 10 October 2022 with no updates
Termination of appointment of Ian Wiggans as a director on 12 November 2021
Confirmation statement made on 10 October 2021 with no updates
Appointment of Mr Christopher Kenny as a director on 18 December 2020
Termination of appointment of Lee Acton as a director on 18 December 2020
Appointment of Mr Ian Wiggans as a director on 18 December 2020
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