Net Coverage Solutions Ltd

POWER SEARCH PRICING

SOLUTIONS

net coverage solutions ltd Company Information

Live

MatureMidLow

Company Number

05127651

Next Accounts

Dec 2025

Industry

Wireless telecommunications activities

Directors

Peter Morrell Brown

Gary Duke

View All

Shareholders

net holdings ltd

Group Structure

View All

Contact

Registered Address

craven court stanhope road, camberley, surrey, GU15 3BS

Website

www.netcs.eu

net coverage solutions ltd Estimated Valuation

£7.2m

Pomanda estimates the enterprise value of NET COVERAGE SOLUTIONS LTD at £7.2m based on a Turnover of £7.9m and 0.92x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Net Coverage Solutions Ltd is a live company located in surrey, GU15 3BS with a Companies House number of 05127651. It operates in the wireless telecommunications activities sector, SIC Code 61200. Founded in May 2004, it's largest shareholder is net holdings ltd with a 100% stake. Net Coverage Solutions Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £7.9m with low growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Net Coverage Solutions Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

3 Strong

5 Regular

4 Weak

Size

annual sales of £7.9m, make it in line with the average company (£7.3m)

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (7.8%)

EXPORT

Net Coverage Solutions Ltd's latest turnover from March 2024 is estimated at £7.9 million and the company has net assets of £1.4 million. According to their latest financial statements, Net Coverage Solutions Ltd has 48 employees and maintains cash reserves of £91.5 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Sep 2011	Mar 2011	Mar 2010
Turnover	7,875,158	9,387,640	11,412,169	7,521,830	7,397,751	11,406,403	13,163,145	8,408,193	8,405,234	7,078,952	3,832,083	4,040,754	2,303,155	1,611,214	2,177,476	1,855,866
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	5,226,130	6,015,707	10,229,909	7,136,578	7,053,160	9,129,515	10,937,328	7,020,919	6,534,667	5,041,095	2,919,321	3,195,665	2,026,092	1,269,539	1,860,966	1,520,193
Gross Profit	2,649,027	3,371,933	1,182,260	385,252	344,591	2,276,888	2,225,817	1,387,274	1,870,567	2,037,857	912,762	845,089	277,063	341,675	316,510	335,673
Admin Expenses	3,747,103	2,556,119	1,036,889	601,620	1,210,767	1,233,299	1,182,020	884,445	1,385,554	1,371,817	797,395	762,924	153,625	175,425	545,190	300,895
Operating Profit	-1,098,076	815,814	145,371	-216,368	-866,176	1,043,589	1,043,797	502,829	485,013	666,040	115,367	82,165	123,438	166,250	-228,680	34,778
Interest Payable	7,289	4,756	2,799	185	10,251	14,081	27,914	22,354	12,023	9,562	11,377	10,877	9,129	11,229	22,525	12,754
Interest Receivable	4,308	5,299	5,461	9,779	2,404	5,681	3,781	1,730	257	251	257	382	364	286	703	789
Pre-Tax Profit	-1,101,058	816,357	148,033	-206,774	-874,023	1,031,861	1,019,664	482,205	473,247	656,729	104,247	71,670	114,673	155,307	-250,502	22,813
Tax	0	-155,108	-38,509	46,252	191,804	-160,901	-72,503	-105,268	-101,168	-139,549	-8,309	-20,607	-1,174	-35,400	-15,997	-6,859
Profit After Tax	-1,101,058	661,249	109,524	-160,522	-682,219	870,960	947,161	376,937	372,079	517,180	95,938	51,063	113,499	119,907	-266,499	15,954
Dividends Paid	0	0	0	0	0	0	0	850,000	0	0	0	0	0	0	0	0
Retained Profit	-1,101,058	661,249	109,524	-160,522	-682,219	870,960	947,161	-473,063	372,079	517,180	95,938	51,063	113,499	119,907	-266,499	15,954
Employee Costs	2,950,264	2,965,973	2,439,250	2,370,597	2,550,873	2,380,908	2,484,491	3,136,868	2,775,615	1,410,842	738,217	966,700	546,172	1,280,318	568,194	559,287
Number Of Employees	48	47	50	51	59	56	64	53	49	26	14	17	10	23	16	13
EBITDA*	-1,028,556	857,083	194,915	-123,893	-766,561	1,134,630	1,103,871	589,481	580,491	768,587	201,489	155,764	148,427	191,564	-195,445	63,739

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Sep 2011	Mar 2011	Mar 2010
Tangible Assets	245,363	185,132	130,384	81,807	126,395	172,309	61,432	81,144	133,083	146,389	166,689	109,331	94,851	86,052	70,938	51,915
Intangible Assets	0	0	0	0	0	0	0	5,338	10,676	16,014	21,352	26,690	32,028	34,697	37,366	42,704
Investments & Other	100	100	100	100	100	0	100	100	100	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	245,463	185,232	130,484	81,907	126,495	172,309	61,532	86,582	143,859	162,403	188,041	136,021	126,879	120,749	108,304	94,619
Stock & work in progress	60,465	95,040	131,571	156,146	345,362	321,603	168,093	0	0	154,214	110,770	13,274	26,634	11,854	13,628	5,324
Trade Debtors	1,578,420	1,975,949	2,611,568	2,597,644	1,523,576	1,967,990	1,345,277	1,977,393	2,273,296	1,767,638	611,889	953,574	1,417,297	577,666	426,906	480,627
Group Debtors	420,231	1,152,275	712,114	24,142	24,140	0	0	44,095	0	0	0	0	0	0	0	0
Misc Debtors	1,565,921	2,620,758	1,067,235	2,017,857	1,458,629	0	3,369,245	1,554,050	1,197,248	920,263	506,257	315,117	673,429	392,170	261,547	267,728
Cash	91,511	72,588	176,758	176,445	682,225	182,018	1,332,812	225,444	107,186	15,091	39,139	0	341	89,870	1,579	702
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	3,716,548	5,916,610	4,699,246	4,972,234	4,033,932	4,512,728	6,215,427	3,800,982	3,577,730	2,857,206	1,268,055	1,281,965	2,117,701	1,071,560	703,660	754,381
total assets	3,962,011	6,101,842	4,829,730	5,054,141	4,160,427	4,685,037	6,276,959	3,887,564	3,721,589	3,019,609	1,456,096	1,417,986	2,244,580	1,192,309	811,964	849,000
Bank overdraft	36,786	92,803	0	151,247	0	0	0	0	0	344,772	188,562	321,030	138,412	0	0	146,723
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	671,046	1,221,879	1,059,913	1,001,513	782,268	673,541	1,671,604	968,702	708,305	514,233	273,218	131,565	373,828	192,402	167,275	80,673
Group/Directors Accounts	0	0	0	0	0	0	76,048	0	298,491	226,974	93,108	155,745	51,935	0	0	0
other short term finances	0	0	0	0	0	2,027	2,027	149,292	2,027	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	1,725,150	2,206,547	1,881,112	2,117,545	1,439,401	0	2,778,409	1,963,214	1,428,206	1,014,377	499,135	517,976	1,441,224	695,566	230,313	377,421
total current liabilities	2,432,982	3,521,229	2,941,025	3,270,305	2,221,669	2,060,559	4,528,088	3,081,208	2,437,029	2,100,356	1,054,023	1,126,316	2,005,399	887,968	397,588	604,817
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	178,659	837,524	400,832
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	86,478	37,004	6,345	11,000	5,400	0	4,254	8,900	14,041	20,813	20,813	6,348	4,923	4,923	0	0
total long term liabilities	86,478	37,004	6,345	11,000	5,400	8,901	4,254	8,900	14,041	20,813	20,813	6,348	4,923	183,582	837,524	400,832
total liabilities	2,519,460	3,558,233	2,947,370	3,281,305	2,227,069	2,069,460	4,532,342	3,090,108	2,451,070	2,121,169	1,074,836	1,132,664	2,010,322	1,071,550	1,235,112	1,005,649
net assets	1,442,551	2,543,609	1,882,360	1,772,836	1,933,358	2,615,577	1,744,617	797,456	1,270,519	898,440	381,260	285,322	234,258	120,759	-423,148	-156,649
total shareholders funds	1,442,551	2,543,609	1,882,360	1,772,836	1,933,358	2,615,577	1,744,617	797,456	1,270,519	898,440	381,260	285,322	234,258	120,759	-423,148	-156,649

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Sep 2011	Mar 2011	Mar 2010
Operating Activities
Operating Profit	-1,098,076	815,814	145,371	-216,368	-866,176	1,043,589	1,043,797	502,829	485,013	666,040	115,367	82,165	123,438	166,250	-228,680	34,778
Depreciation	69,520	41,269	49,544	92,475	99,615	91,041	54,736	81,314	90,140	97,209	80,784	68,261	22,320	22,645	27,897	23,623
Amortisation	0	0	0	0	0	0	5,338	5,338	5,338	5,338	5,338	5,338	2,669	2,669	5,338	5,338
Tax	0	-155,108	-38,509	46,252	191,804	-160,901	-72,503	-105,268	-101,168	-139,549	-8,309	-20,607	-1,174	-35,400	-15,997	-6,859
Stock	-34,575	-36,531	-24,575	-189,216	23,759	153,510	168,093	0	-154,214	43,444	97,496	-13,360	14,780	6,530	8,304	5,324
Debtors	-2,184,410	1,358,065	-248,726	1,633,298	1,038,355	-2,746,532	1,138,984	104,994	782,643	1,569,755	-150,545	-822,035	1,120,890	221,481	-59,902	748,355
Creditors	-550,833	161,966	58,400	219,245	108,727	-998,063	702,902	260,397	194,072	241,015	141,653	-242,263	181,426	111,729	86,602	80,673
Accruals and Deferred Income	-481,397	325,435	-236,433	678,144	1,439,401	-2,778,409	815,195	535,008	413,829	515,242	-18,841	-923,248	745,658	318,145	-147,108	377,421
Deferred Taxes & Provisions	49,474	30,659	-4,655	5,600	5,400	-4,254	-4,646	-5,141	-6,772	0	14,465	1,425	0	4,923	0	0
Cash flow from operations	207,673	-101,499	247,019	-618,734	-83,343	-213,975	1,237,742	1,169,483	452,023	-227,904	383,506	-193,534	-61,333	362,950	-220,350	-238,705
Investing Activities
capital expenditure	-129,751	-96,017	-98,121	-47,887	-53,701	-201,918	-35,024	-29,375	-76,834	-76,909	-138,142	-82,741	-31,119	-37,759	-45,611	-28,581
Change in Investments	0	0	0	0	100	-100	0	0	100	0	0	0	0	0	0	0
cash flow from investments	-129,751	-96,017	-98,121	-47,887	-53,801	-201,818	-35,024	-29,375	-76,934	-76,909	-138,142	-82,741	-31,119	-37,759	-45,611	-28,581
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	-76,048	76,048	-298,491	71,517	133,866	-62,637	103,810	51,935	0	0	0
Other Short Term Loans	0	0	0	0	-2,027	0	-147,265	147,265	2,027	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	-178,659	-222,173	436,692	400,832
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	0	0	0	0	1	0	157,501	0	-172,603
interest	-2,981	543	2,662	9,594	-7,847	-8,400	-24,133	-20,624	-11,766	-9,311	-11,120	-10,495	-8,765	-10,943	-21,822	-11,965
cash flow from financing	-2,981	543	2,662	9,594	-9,874	-84,448	-95,350	-171,850	61,778	124,555	-73,757	93,316	-135,489	-75,615	414,870	216,264
cash and cash equivalents
cash	18,923	-104,170	313	-505,780	500,207	-1,150,794	1,107,368	118,258	92,095	-24,048	39,139	-341	-89,529	89,168	877	702
overdraft	-56,017	92,803	-151,247	151,247	0	0	0	0	-344,772	156,210	-132,468	182,618	138,412	-146,723	-146,723	146,723
change in cash	74,940	-196,973	151,560	-657,027	500,207	-1,150,794	1,107,368	118,258	436,867	-180,258	171,607	-182,959	-227,941	235,891	147,600	-146,021

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for net coverage solutions ltd. Get real-time insights into net coverage solutions ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for net coverage solutions ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in GU15 area or any other competitors across 12 key performance metrics.

NET COVERAGE SOLUTIONS LTD group structure

Net Coverage Solutions Ltd has 1 subsidiary company.

Ultimate parent company

NET HOLDINGS GROUP LIMITED

13770749

NET HOLDINGS LIMITED

05375424

2 parents

NET COVERAGE SOLUTIONS LTD

05127651

1 subsidiary

NET COVERAGE SOLUTIONS INTERNATIONAL LTD

08854995

NET COVERAGE SOLUTIONS LTD Shareholders

net holdings ltd

100%

Net Coverage Solutions Ltd currently has 6 directors. The longest serving directors include Mr Peter Morrell Brown (Jan 2006) and Mr Gary Duke (Oct 2008).

officer	country	age	start	end	role
Mr Peter Morrell Brown	England	64 years	Jan 2006	-	Director
Mr Gary Duke	England	53 years	Oct 2008	-	Director
Mr Andrew Hutchins	England	44 years	Sep 2013	-	Director
Mr Tim Ashworth	England	48 years	Sep 2013	-	Director
Mr Matthew Gant	England	51 years	Sep 2013	-	Director
Mrs Helen Sammon	England	48 years	Sep 2013	-	Director

P&L

March 2024

turnover

7.9m

-16%

operating profit

-1.1m

gross margin

33.7%

-6.35%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

1.4m

-0.43%

total assets

-0.35%

cash

91.5k

+0.26%

net assets

Total assets minus all liabilities

Similar Companies

wifinity limited

bak2 group limited

3.5

techhouse communications limited

2.5

plan comm limited

telensa ltd

company number

05127651

Type

Private limited with Share Capital

industry

61200 - Wireless telecommunications activities

incorporation date

May 2004

ultimate parent company

NET HOLDINGS GROUP LIMITED

previous names

new edge telecommunications (net) ltd (September 2013)

net adc limited (March 2005)

address

craven court stanhope road, camberley, surrey, GU15 3BS

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 2 charges/mortgages relating to net coverage solutions ltd. Currently there are 1 open charges and 1 have been satisfied in the past.

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

Click to start generating capital raising & share issue transactions for NET COVERAGE SOLUTIONS LTD. This can take several minutes, an email will notify you when this has completed.

net coverage solutions ltd Company Information

net coverage solutions ltd Estimated Valuation

net coverage solutions ltd Estimated Valuation

net coverage solutions ltd Estimated Valuation

Net Coverage Solutions Ltd Overview

Net Coverage Solutions Ltd Health Check

NET COVERAGE SOLUTIONS LTD financials

net coverage solutions ltd Credit Report and Business Information

Net Coverage Solutions Ltd Competitor Analysis

net coverage solutions ltd Ownership

net coverage solutions ltd directors

net coverage solutions ltd company details

net coverage solutions ltd Charges & Mortgages

net coverage solutions ltd Capital Raised & Share Issues BETA

net coverage solutions ltd Companies House Filings - See Documents