CDAC NETWORK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-31 (in 8mo)
Last made up 2026-01-17
Watchouts
None on the register
Cash
£339K
+27.5% vs 2023
Net assets
£268K
+25.2% vs 2023
Employees
4
-33.3% vs 2023
Profit before tax
—
Period ending 2024-12-31
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £481,338 | £504,714 | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | -£104,799 | £53,830 | |
| Cash | £265,622 | £338,735 | |
| Total assets less current liabilities | £213,720 | £267,550 | |
| Net assets | £213,720 | £267,550 | |
| Equity | £213,720 | £267,550 | |
| Average employees | 6 | 4 | |
| Wages | £283,907 | £220,284 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Net margin | -21.8% | 10.7% | |
| Gearing (liabilities / total assets) | 47.1% | 42.5% | |
| Current ratio | 2.12x | 2.35x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Sayer Vincent LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors do not consider that there are any other material uncertainties about the company's ability to continue as a going concern.”
Significant events
- “The Sudan Local Lifelines project began in 2024 and will continue until mid-2025, providing energy, resources and expertise to an underrepresented area.”
- “CDAC's prioritisation of its harmful information workstream as a global priority.”
- “CDAC stepped into the Artificial Intelligence space for humanitarian work, informed through internal consultations with members.”
- “CDAC supported the Asia-Pacific region to lead the second phase of a project, providing mentoring and capacity-building support to the UNDP team and brokering learning exchanges.”
- “CDAC signed a new agreement with UNICEF to provide capacity development and enhance sector-wide technical and surge capacity for communication and community engagement.”
- “A Global CoP on AI was launched by CDAC in early April, successfully bringing in interest and ideas from members and informing collective advocacy.”
- “CDAC partnered with Data4SDGs to advocate for data literacy for communities affected by crises at the Global Data Forum in Colombia (virtually) in November 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HALL, Judith Ann | Secretary | 2022-10-24 | — | — |
| LACE, Richard John | Director | 2022-10-24 | Feb 1980 | British |
| LOANE, Geoff, Dr | Director | 2019-12-05 | May 1957 | Irish |
| PARKYN, Roseanna | Director | 2021-02-24 | Feb 1975 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CASEY-MASLEN, Marian | Secretary | 2017-01-18 | 2023-09-30 |
| BRUCE, Daniel John | Director | 2017-05-24 | 2019-12-05 |
| COLLIER-KEYWOOD, Laura | Director | 2019-03-12 | 2022-10-24 |
| GORMLEY, Paul Brendan | Director | 2017-05-24 | 2019-12-05 |
| HUDDLE, Janet-Marie (Jamo) | Director | 2019-03-12 | 2023-11-07 |
| MITCHELL, Jonathan William | Director | 2017-01-18 | 2024-07-24 |
| NURSEY, Caroline Mary | Director | 2017-01-18 | 2020-12-31 |
| INTERNEWS EUROPE | Corporate Director | 2017-01-18 | 2017-05-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Richard John Lace | Individual | Voting 25–50% | 2024-07-24 | Active |
| Dr Geoff Loane | Individual | Voting 25–50% | 2024-07-24 | Active |
| Ms Roseanna Parkyn | Individual | Voting 25–50% | 2024-07-24 | Active |
| Mr Jonathan William Mitchell | Individual | Voting 25–50% | 2017-01-18 | Ceased 2021-03-01 |
| Ms Caroline Mary Nursey | Individual | Voting 25–50% | 2017-01-18 | Ceased 2020-12-31 |
| Internews Europe | Corporate entity | voting-rights-25-to-50-percent-as-firm | 2017-01-18 | Ceased 2017-05-24 |
Filing timeline
Last 20 of 64 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-29 | CH01 | officers | Change person director company with change date | |
| 2025-08-29 | CH01 | officers | Change person director company with change date | |
| 2025-06-27 | AA | accounts | Accounts with accounts type full | |
| 2025-01-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-09 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-10-08 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-10-08 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-08-06 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-08-06 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-08-06 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-08-06 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-08-05 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2024-08-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-24 | AA | accounts | Accounts with accounts type full | |
| 2024-04-24 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-01-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-11 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-10 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-07-20 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+4.9%
£481,338 £504,714
-
Cash
+27.5%
£265,622 £338,735
-
Net assets
+25.2%
£213,720 £267,550
-
Employees
-33.3%
6 4
-
Wages
-22.4%
£283,907 £220,284
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers