UK Companies House feature
ABTEC NETWORK SYSTEMS LTD.
Cash
£2M
-15.3% vs 2023
Net assets
£8M
+30.8% vs 2023
Employees
27
+3.8% vs 2023
Profit before tax
—
Period ending 2024-01-31
Profile
- Company number
- 03428841
- Status
- Active
- Incorporation
- 1997-09-03
- Last accounts made up
- 2025-01-31
- Account category
- FULL
- Primary SIC
- 62020
Net assets
5-year trend · vs UK AI & Enterprise SaaS median
Accounts
5-year trend · latest 2024-01-31
| Metric | Trend | 2020-01-31 | 2021-01-31 | 2022-01-31 | 2023-01-31 | 2024-01-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | |
| Net profit | — | — | — | — | — | |
| Cash | £2,579,132 | £3,200,997 | £2,906,588 | £2,155,230 | £1,824,550 | |
| Total assets less current liabilities | £3,511,678 | £4,611,059 | £5,544,342 | £6,080,667 | £7,951,283 | |
| Net assets | £3,500,498 | £4,591,789 | £5,523,506 | £6,065,050 | £7,931,789 | |
| Equity | £3,500,498 | £4,591,789 | £5,523,506 | £6,065,050 | £7,931,789 | |
| Average employees | 31 | 30 | 29 | 26 | 27 | |
| Wages | — | — | — | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- The Rowleys Partnership Ltd
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern”
Significant events
- “The company is currently in discussion with HMRC regarding the VAT treatment on certain sales transactions totalling approximately £730k and whether VAT should have been charged on some of these supplies. If HMRC were to conclude that the company's VAT treatment was incorrect, the company could be required to account for additional output VAT in respect of affected sales”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
3 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MORRISON, Lisa Patricia | Secretary | 1997-09-03 | — | British |
| BEYNON, Andrew | Director | 1997-09-03 | Sep 1966 | British |
| KENNERDELL, Phillip David | Director | 2012-02-20 | Apr 1976 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BREWER, Suzanne | Nominee Secretary | 1997-09-03 | 1997-09-03 |
| BREWER, Kevin, Dr | Nominee Director | 1997-09-03 | 1997-09-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Abtec Nexus Bidco Limited | Corporate entity | Voting 75–100%, Appoints directors | 2026-03-31 | Active |
| Abtec Group Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-10-29 | Ceased 2026-03-31 |
| Mr Andrew Beynon | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2024-10-29 |
Filing timeline
Last 20 of 82 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-16 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2026-04-16 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2026-02-02 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-10-29 | AA | accounts | accounts with accounts type full |
| 2025-01-31 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-10-29 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-10-29 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-07-24 | AA | accounts | accounts with accounts type total exemption full |
| 2024-01-31 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-07-11 | AA | accounts | accounts with accounts type total exemption full |
| 2023-02-02 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-06-29 | AA | accounts | accounts with accounts type total exemption full |
| 2022-02-16 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-06-15 | AA | accounts | accounts with accounts type total exemption full |
| 2021-02-02 | CS01 | confirmation-statement | confirmation statement with updates |
| 2020-08-10 | SH01 | capital | capital allotment shares |
| 2020-08-05 | AA | accounts | accounts with accounts type total exemption full |
| 2020-01-31 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2019-06-25 | AA | accounts | accounts with accounts type total exemption full |
| 2019-01-31 | CS01 | confirmation-statement | confirmation statement with no updates |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory