UK Companies House feature
MAURICE WARD NETWORKS UK LTD
Cash
£9M
-23.4% vs 2023
Net assets
£1M
+45.5% vs 2023
Employees
2
0% vs 2023
Profit before tax
£559K
+17.3% vs 2023
Profile
- Company number
- 09456019
- Status
- Active
- Incorporation
- 2015-02-24
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 49410
Net assets
5-year trend · vs UK Logistics & Mobility median
Accounts
5-year trend · latest 2024-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | £50,473,194 | £82,407,210 | £118,611,019 | £93,140,204 | £95,623,080 | |
| Operating profit | — | £363,726 | £316,867 | £279,227 | £153,148 | |
| Profit before tax | -£276,780 | £363,726 | £324,719 | £476,524 | £559,056 | |
| Net profit | -£258,048 | £363,726 | £263,086 | £364,295 | £419,017 | |
| Cash | £2,647,039 | £2,429,067 | £5,544,759 | £11,528,785 | £8,827,338 | |
| Total assets less current liabilities | -£69,388 | £294,338 | £557,424 | £1,702,440 | £1,340,736 | |
| Net assets | — | — | £557,424 | £921,719 | £1,340,736 | |
| Equity | -£69,388 | £294,338 | £557,424 | £921,719 | £1,340,736 | |
| Average employees | 4 | 4 | 3 | 2 | 2 | |
| Wages | £130,910 | £128,756 | £94,404 | £85,000 | £85,000 |
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
- Kings CAP Ltd
- 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 financial statements are authorised for issue.”
Significant events
- “The company has continued to see recovery in capacity as countries lift restrictions.”
- “The freight transportation industry remains a highly competitive market to operate in due to the high number of low cost operators within the market.”
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
1 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WARD, Maurice Antony | Director | 2015-02-24 | Oct 1967 | Irish |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Maurice Ward Group Two S.R.O | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-06-21 | Ceased 2021-06-21 |
| Mr Maurice Antony Ward | Individual | ownership-of-shares-75-to-100-percent-as-firm, voting-rights-75-to-100-percent-as-firm | 2021-06-21 | Active |
| Mr Maurice Antony Ward | Individual | Shares 75–100% | 2016-04-06 | Ceased 2021-06-21 |
Filing timeline
Last 20 of 34 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-09-08 | AA | accounts | accounts with accounts type full |
| 2025-08-19 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-02-24 | CH01 | officers | change person director company with change date |
| 2025-02-24 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2024-09-12 | AA | accounts | accounts with accounts type full |
| 2024-08-16 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-09-18 | AA | accounts | accounts with accounts type full |
| 2023-08-24 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-08-22 | CH01 | officers | change person director company with change date |
| 2023-08-18 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2022-09-02 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-08-24 | AA | accounts | accounts with accounts type full |
| 2022-08-16 | PSC01 | persons-with-significant-control | notification of a person with significant control |
| 2022-08-16 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2022-08-16 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2021-11-23 | AA | accounts | accounts with accounts type full |
| 2021-08-17 | CS01 | confirmation-statement | confirmation statement with updates |
| 2021-08-06 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2021-03-26 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2020-11-26 | AA | accounts | accounts with accounts type total exemption full |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
0.38
DISTRESS
Altman Z″
- Working capital / Total assets 0.045 × 6.56 = +0.30
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.005 × 6.72 = +0.03
- Book equity / Total liabilities 0.047 × 1.05 = +0.05
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