Company Overview
Absolute Networks Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 31 July 2003, so this is a well established company. Absolute Networks Limited has been in business for 22 years and 8 months. The accounts status is unaudited abridged and the accounts are next due on Thursday 30 April 2026.
Registered Address

Friar Gate Studios, Ford Street, Derby, DE1 1EE
Credit Reports Available

These credit rating reports are available now:


Credit Analysts Report
Get Report >>

Standard Credit Report
Get Report >>

Basic Credit Report
Get Report >>

24/7 credit rating data feed - no UK company credit reports are updated faster

Companies House Data
Company NameABSOLUTE NETWORKS LIMITED
Company Number04851663
Registered Office AddressFriar Gate Studios
 Ford Street
 DE1 1EE
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date31/07/2003
Accounting Reference Date Day31
Accounting Reference Date Month7
Accounts Next Due Date30/04/2026
Accounts Last Made Up Date31/07/2024
Accounts Account CategoryUNAUDITED ABRIDGED
Returns Next Due Date28/08/2016
Returns Last Made Up Date31/07/2015
Directors & Members
Show Resigned
Matthew Drew - Director
(British, 54 years old, born March 1972)
Appointed 01 May 2004
 Active
Secretaries
Show Resigned
Other Company Directorships
Matthew Drew
ABSOLUTE HOLDINGS LIMITED
ABSOLUTE PAYMENTS LIMITED
TRUMAN HOUSE MANAGEMENT LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Jul-2024 31-Jul-2022 31-Jul-2021
Balance Sheet
Fixed Assets 1,307 1,307 13,124
Current Assets 755,965 755,965 1,154,604
Creditors Due Within One Year 321,525 321,525 685,235
Working Cap 434,440 434,440 469,369
Total Assets Less Current Liabilities 435,747 435,747 482,493
Long-term Liabilities 28,139 28,139 39,075
Net Assets 407,608 407,608 443,418
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 407,608 407,608 443,418
Common Size Financial Analysis Unlock full report
Accounts Date 31-Jul-2024 31-Jul-2022 31-Jul-2021
Tangible Fixed Assets - - -
Fixed Assets 0.2% 0.2% 1.1%
Stocks Inventory - - -
Debtors 31.4% 31.4% 37.0%
Cash Bank In Hand 68.5% 68.5% 61.5%
Current Assets 99.8% 99.8% 98.9%
Creditors Due Within One Year 42.5% 42.5% 58.7%
Net Current Assets Liabilities 57.4% 57.4% 40.2%
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 53.8% 53.8% 38.0%
Capital Employed - - -
Total Assets Less Current Liabilities 57.5% 57.5% 41.3%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Jul-2024 31-Jul-2022 31-Jul-2021
Liquidity Ratio 2.4 2.4 1.7
Solvency Ratio 2.2 2.2 1.6
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 31-Jul-2024 31-Jul-2022 31-Jul-2021
Assets 757,272 757,272 1,167,728
Debt 349,664 349,664 724,310
Net Assets/Debt 407,608 407,608 443,418

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
Other Business around DE1 1EE
WALKER SYSTEMS LIMITED
Flat 3, 11 Newcastle Drive, Nottingham, DE1 1EE
LICHFIELD MEDIA FACTORY LTD
3 BRINDLEY COURT DALEWOOD ROAD, LYMEDALE BUSINESS PARK, NEWCASTLE, DE1 1EE
NET SYNDICATE LIMITED
Friar Gate Studios, Ford Street, Derby, DE1 1EE
TECINTERACTIVE LIMITED
1A ALBANY COURT, BLENHEIM ROAD, ASHBOURNE, DERBYSHIRE, DE1 1EE
ADVANCED PIPE INSPECTION (UK) LTD
FRIAR GATE STUDIOS, FORD STREET, DERBY, DE1 1EE
SODALITE PRODUCTIONS LIMITED
26 COPPERGATE, RICCALL, YORK, DE1 1EE
GREENDOG LIMITED
5 QUEEN STREET, DERBY, DE1 1EE
GREENDOG MEDIA LIMITED
Friar Gate Studios, Ford Street, Derby, DE1 1EE
THE SPORTS PEOPLE'S THINK TANK
Ford Street, Derby, DE1 1EE
SURVISOR LIMITED
1 Little Owl Drive, Bodicote, Banbury, DE1 1EE
Document Filings
Registered office address changed from Friar Gate Studios Ford Street Derby DE1 1EE England to Sixth Floor, the Cavendish Building 1 Agard Street Derby DE1 1DZ on 25 February 2026
Confirmation statement made on 30 August 2025 with no updates
Confirmation statement made on 30 August 2024 with no updates
Confirmation statement made on 8 August 2024 with updates
Satisfaction of charge 1 in full
Confirmation statement made on 8 August 2023 with no updates
Confirmation statement made on 31 July 2023 with no updates
Confirmation statement made on 31 July 2022 with no updates
Confirmation statement made on 31 July 2021 with no updates
Confirmation statement made on 31 July 2020 with no updates
Confirmation statement made on 31 July 2019 with no updates
Confirmation statement made on 31 July 2018 with no updates
Confirmation statement made on 31 July 2017 with no updates
Termination of appointment of Lucy Anne Laura Drew as a secretary on 31 May 2017
Confirmation statement made on 31 July 2016 with updates
Registered office address changed from Unit 20 Parker Industrial Estate Mansfield Road Derby DE21 4SZ to Friar Gate Studios Ford Street Derby DE1 1EE on 14 April 2016
Terms and Conditions Cancellations Contact Us

In using this service you agree to the Terms and Conditions

© 2026 Check Free