Cash

£247K

-10.7% vs 2023

Net assets

£346K

+14.9% vs 2023

Employees

6

-14.3% vs 2023

Profit before tax

£45K

+20.7% vs 2023

Profile

Company number
07795338
Status
Active
Incorporation
2011-10-03
Last accounts made up
2024-12-31
Account category
FULL
Primary SIC
62020
Hubs
UK AI & Enterprise SaaS

Net assets

6-year trend · vs UK AI & Enterprise SaaS median

£0£250k£500k201920202021202220232024
TRANSIT NETWORKS LTD

Accounts

6-year trend · latest 2024-12-31

Metric Trend 2019-10-312020-10-312021-12-312022-12-312023-12-312024-12-31
Turnover £1,341,254£1,478,684
Operating profit
Profit before tax £37,093£44,781
Net profit £37,093£44,781
Cash £276,728£247,103
Total assets less current liabilities £95,129£408,456
Net assets £95,129£296,863£301,007£345,788
Equity £95,129£296,863£477,605£263,914£301,007£345,788
Average employees 5576
Wages £148,668£157,147

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
Xeinadin Audit Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the director's 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 for a period of at least twelve months from when the original financial statements were authorised for issue.”

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 · 4 resigned

Name Role Appointed Born Nationality
BLACKLOCK, Eoin Director 2021-12-06 Nov 1982 Irish
CROWE, Jonathan Director 2021-12-06 May 1983 Irish
HODGE, Julian Michael Director 2024-12-01 Jul 1970 British
Show 4 resigned officers
Name Role Appointed Resigned
BRADLEY, Adam Stephen Director 2021-12-06 2026-01-09
GOODCHILD, Anthony Nicholas Director 2011-10-03 2021-12-06
O'REILLY, David Director 2021-12-06 2024-12-01
REED, Thomas James Director 2011-10-03 2021-12-06

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Ekco Uk Holdings Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2021-12-06 Active
Mr Thomas James Reed Individual Shares 25–50% 2016-09-17 Ceased 2021-12-06
Mr Anthony Nicholas Goodchild Individual Shares 25–50% 2016-09-17 Ceased 2021-12-06

Filing timeline

Last 20 of 59 total filings

Date Type Category Description
2026-01-15 TM01 officers termination director company with name termination date
2025-10-07 CS01 confirmation-statement confirmation statement with no updates
2025-09-29 AA accounts accounts with accounts type full
2025-01-20 AP01 officers appoint person director company with name date
2025-01-20 TM01 officers termination director company with name termination date
2025-01-20 AD01 address change registered office address company with date old address new address
2024-10-17 CS01 confirmation-statement confirmation statement with no updates
2024-08-12 AA accounts accounts with accounts type full
2023-10-12 CS01 confirmation-statement confirmation statement with no updates
2023-07-18 AA accounts accounts with accounts type small
2022-12-21 MR04 mortgage mortgage satisfy charge full
2022-10-13 CS01 confirmation-statement confirmation statement with updates
2022-10-06 AD01 address change registered office address company with date old address new address
2022-09-30 AA accounts accounts with accounts type micro entity
2022-03-09 MR01 mortgage mortgage create with deed with charge number charge creation date
2021-12-30 AAMD accounts accounts amended with accounts type micro entity
2021-12-15 RESOLUTIONS resolution resolution
2021-12-14 MA incorporation memorandum articles
2021-12-08 PSC02 persons-with-significant-control notification of a person with significant control
2021-12-08 PSC07 persons-with-significant-control cessation of a person with significant control

Credit score

Altman Z″ (private-firm) · reference 2024-12-31

1.41

GREY ZONE

Altman Z″

  • Working capital / Total assets 0.172 × 6.56 = +1.13
  • Retained earnings / Total assets 0.000 × 3.26 = +0.00
  • EBIT / Total assets 0.008 × 6.72 = +0.06
  • Book equity / Total liabilities 0.213 × 1.05 = +0.22

Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.

Activity Score

Filings velocity, capital events, officer churn, accounts trajectory

Activity Score not yet computed for this company.

Official Companies House page