Modern Networks Limited
Modern Networks Limited is an active company incorporated on 22 November 1999 with the registered office located in Hitchin, Hertfordshire. Modern Networks Limited was registered 25 years ago.
Status
Active
Active since incorporation
Company No
03881576
Private limited company
Age
25 years
Incorporated 22 November 1999
Size
Medium
Turnover is under £54M
Under 250 employees
Confirmation
Submitted
Dated 22 November 2024 (9 months ago)
Next confirmation dated 22 November 2025
Due by 6 December 2025 (3 months remaining)
Last change occurred 2 years 9 months ago
Accounts
Submitted
For period 1 Apr ⟶ 31 Mar 2024 (1 year)
Accounts type is Full
Next accounts for period 31 March 2025
Due by 31 December 2025 (3 months remaining)
Shareholders, PSCs & Group Structure
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Mutual Companies
Mr Allen John Browning, Ian Philip Kelly, and 3 more are mutual people.
Active
Mr Allen John Browning, Ian Philip Kelly, and 3 more are mutual people.
Active
Ian Philip Kelly, Duncan Charles Gooding, and 3 more are mutual people.
Active
Mr Allen John Browning, Ian Philip Kelly, and 3 more are mutual people.
Active
Mr Allen John Browning, Ian Philip Kelly, and 3 more are mutual people.
Active
Mr Allen John Browning, Ian Philip Kelly, and 3 more are mutual people.
Active
Brands
Modern Networks is a provider of IT managed services for medium-sized businesses and commercial properties in the UK.
Financials
Net Assets, Total Assets & Total Liabilities (2015–2024)
Period Ended
31 Mar 2024
For period 31 Mar ⟶ 31 Mar 2024
Traded for 12 months
Cash in Bank
£384K
Decreased by £116K (-23%)
Turnover
£15.28M
Decreased by £371K (-2%)
Employees
117
Increased by 3 (+3%)
Total Assets
£8.48M
Decreased by £132K (-2%)
Total Liabilities
-£6.53M
Increased by £1.51M (+30%)
Net Assets
£1.96M
Decreased by £1.64M (-46%)
Debt Ratio (%)
77%
Increased by 18.66% (+32%)
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Repayment History
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