Company Overview
House Network Limited is a Dissolved Private Limited Company.
Registered Address

C/O Hudson Weir, Third Floor, 112 Clerkenwell Road, London, EC1M 5SA
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Companies House Data
Company NameHOUSE NETWORK LIMITED
Company Number04907838
Registered Office AddressC/O Hudson Weir, Third Floor
 112 Clerkenwell Road
 EC1M 5SA
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date23/09/2003
Accounting Reference Date Day28
Accounting Reference Date Month2
Accounts Next Due Date30/11/2019
Accounts Last Made Up Date28/02/2018
Accounts Account CategorySMALL
Returns Next Due Date07/12/2016
Returns Last Made Up Date09/11/2015
Previous Company NameChanged Date
SPORTMINDED LIMITED11 May 2004
Directors & Members
Show Resigned
John Devonshire - Director
(British, 46 years old, born May 1980)
Appointed 26 August 2015
Active
Mark Readings - Director
(British, 51 years old, born March 1975)
Appointed 16 February 2004
Active
Secretaries
Show Resigned
Steven Eglon - Secretary
Appointed 06 April 2016
Active
Balance Sheet Unlock full report
Accounts Date 28-Feb-2018 28-Feb-2016 28-Feb-2015
Balance Sheet
Fixed Assets 2,444,930 2,444,930 2,038,149
Current Assets 990,655 990,655 256,214
Creditors Due Within One Year 315,281 315,281 253,377
Working Cap 675,374 675,374 2,837
Total Assets Less Current Liabilities 3,120,304 3,120,304 2,040,986
Long-term Liabilities 0 0 0
Net Assets 3,120,304 3,120,304 2,040,986
Share Capital & Reserves
Share Cap 69,740 69,740 69,445
Profit & Loss Reserves -1,920,846 -1,920,846 49,836
Other Reserves 4,971,410 4,971,410 1,921,705
Shareholders Funds 3,120,304 3,120,304 2,040,986
Common Size Financial Analysis Unlock full report
Accounts Date 28-Feb-2018 28-Feb-2016 28-Feb-2015
Tangible Fixed Assets - - -
Fixed Assets 71.2% 71.2% 88.8%
Stocks Inventory 0.0% 0.0% 0.8%
Debtors 19.4% 19.4% 4.0%
Cash Bank In Hand 9.4% 9.4% 6.3%
Current Assets 28.8% 28.8% 11.2%
Creditors Due Within One Year 9.2% 9.2% 11.0%
Net Current Assets Liabilities 19.7% 19.7% 0.1%
Creditors Due After One Year 0.0% 0.0% 0.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 90.8% 90.8% 89.0%
Called Up Share Capital 2.0% 2.0% 3.0%
Share Capital Allotted Called Up Paid 2.0% 2.0% 3.0%
Profit Loss Account Reserve -55.9% -55.9% 2.2%
Shareholder Funds 90.8% 90.8% 89.0%
Capital Employed - - -
Total Assets Less Current Liabilities 90.8% 90.8% 89.0%
Financial Ratio Analysis Unlock full report
Accounts Date 28-Feb-2018 28-Feb-2016 28-Feb-2015
Liquidity Ratio 3.1 3.1 1.0
Solvency Ratio 10.9 10.9 9.1
Reserves to Assets -0.6 -0.6 0.0
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 28-Feb-2018 28-Feb-2016 28-Feb-2015
Assets 3,435,585 3,435,585 2,294,363
Debt 315,281 315,281 253,377
Net Assets/Debt 3,120,304 3,120,304 2,040,986
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
Final Gazette dissolved following liquidation
Notice of move from Administration to Dissolution
Administrator's progress report
Administrator's progress report
Notice of extension of period of Administration
Notice of appointment of a replacement or additional administrator
Notice of order removing administrator from office
Administrator's progress report
Termination of appointment of Gordon Dadds Corporate Servies Limited as a secretary on 12 August 2019
Result of meeting of creditors
Statement of affairs with form AM02SOA
Statement of administrator's proposal
Registered office address changed from Estate Offices - Radley Green Farm Radley Green Road Radley Green Ingatestone Essex CM4 0LU to C/O Hudson Weir, Third Floor 112 Clerkenwell Road London EC1M 5SA on 24 April 2019
Appointment of an administrator
Confirmation statement made on 8 March 2019 with updates
Termination of appointment of Ian Alexander Irving Strafford-Taylor as a director on 31 January 2019
Termination of appointment of John Michael Temple Slade as a director on 12 February 2019
Statement of capital following an allotment of shares on 8 February 2019
Statement of capital following an allotment of shares on 7 November 2018
Appointment of Mr Ian Alexander Irving Strafford-Taylor as a director on 15 January 2018
Statement of capital following an allotment of shares on 25 October 2018
Appointment of Mr John Michael Temple Slade as a director on 1 September 2018
Statement of capital following an allotment of shares on 20 August 2018

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