Wifinity Networks Limited

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wifinity networks limited Company Information

Live

EstablishedDeclining

Company Number

06341412

Next Accounts

Sep 2025

Industry

Wireless telecommunications activities

Directors

Costas Demetriou

Jonathan Apps

Shareholders

wifinity group limited

Group Structure

View All

Contact

Registered Address

5th floor, the grange, 100 high street, london, N14 6BN

Website

http://avsnet.co.uk

wifinity networks limited Estimated Valuation

£0

Pomanda estimates the enterprise value of WIFINITY NETWORKS LIMITED at £0 based on a Turnover of £0 and 0.83x industry multiple (adjusted for size and gross margin).

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Wifinity Networks Limited is a live company located in london, N14 6BN with a Companies House number of 06341412. It operates in the wireless telecommunications activities sector, SIC Code 61200. Founded in August 2007, it's largest shareholder is wifinity group limited with a 100% stake. Wifinity Networks Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.

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There is insufficient data available to calculate a health check for Wifinity Networks Limited. Company Health Check FAQs

Health Rating0out of 5

0 Strong

0 Regular

3 Weak

Size

There is insufficient data available for this Key Performance Indicator!

Growth

3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (5.8%)

EXPORT

Wifinity Networks Limited's latest turnover from December 2023 is 0 and the company has net assets of -£1.1 million. According to their latest financial statements, Wifinity Networks Limited has 2 employees and maintains cash reserves of £4.6 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Turnover	0	0	17,506,332	15,460,192	12,016,847	12,902,244	8,772,430	6,833,065	5,521,029	3,928,367	2,542,792	1,565,146	972,283	116,312	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	0	0	7,387,813	6,211,497	4,306,196	4,639,787	2,486,578	1,553,540	1,386,639	1,228,885	933,128	576,174	591,899	68,647	0
Gross Profit	0	0	10,118,519	9,248,695	7,710,651	8,262,457	6,285,852	5,279,525	4,134,390	2,699,482	1,609,664	988,972	380,384	47,664	0
Admin Expenses	451,893	167,727	8,145,088	9,029,544	7,266,332	7,603,719	4,690,302	3,700,256	2,794,475	2,148,979	1,527,663	936,939	266,121	-39,680	2,803
Operating Profit	-451,893	-167,727	1,973,431	219,151	444,319	658,738	1,595,550	1,579,269	1,339,915	550,503	82,001	52,033	114,263	87,344	-2,803
Interest Payable	2,938,457	2,444,704	2,147,977	989,597	409,282	646,446	539,035	574,324	505,439	413,986	246,258	87,017	0	0	0
Interest Receivable	0	0	500,118	65,091	0	0	0	0	0	0	0	1	108	34	15
Pre-Tax Profit	-3,004,389	-2,612,431	325,572	-705,355	35,037	12,292	730,215	1,004,945	834,476	136,517	-164,257	-34,983	114,372	87,378	-2,788
Tax	0	229,525	325,569	19,955	-106,447	-9,848	-236,375	-252,224	-185,463	-73,702	43,762	1,503	-29,737	-24,466	0
Profit After Tax	-3,004,389	-2,382,906	651,141	-685,400	-71,410	2,444	493,840	752,721	649,013	62,815	-120,495	-33,480	84,635	62,912	-2,788
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	108,955	0	0	0
Retained Profit	-3,004,389	-2,382,906	651,141	-685,400	-71,410	2,444	493,840	752,721	649,013	62,815	-120,495	-142,435	84,635	62,912	-2,788
Employee Costs	0	0	6,171,020	5,343,856	3,750,212	4,312,061	3,288,944	1,592,969	1,108,764	714,443	559,162	305,906	262,083	47,940	0
Number Of Employees	2	2	93	93	64	61	55	43	34	26	23	14	5	1	0
EBITDA*	-451,893	-167,727	3,445,897	2,403,842	2,551,452	967,776	1,735,995	3,013,332	2,465,165	1,312,100	596,491	337,257	209,902	104,990	32,171

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Tangible Assets	0	0	8,510,430	11,746,218	7,927,013	8,453,198	6,502,441	4,838,645	3,898,502	2,891,371	2,047,120	1,362,589	801,880	322,740	124,072
Intangible Assets	0	0	2,534,909	11,058,305	2,372,147	946,280	558,224	307,139	265,666	165,930	95,000	0	0	0	0
Investments & Other	13,113,092	13,113,092	13,113,092	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	686,000	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	13,113,092	13,113,092	24,158,431	23,490,523	10,299,160	9,399,478	7,060,665	5,145,784	4,164,168	3,057,301	2,142,120	1,362,589	801,880	322,740	124,072
Stock & work in progress	0	0	737,271	256,839	272,020	361,886	9,500	9,500	9,500	9,500	150,781	0	0	0	0
Trade Debtors	0	0	2,885,311	2,988,673	1,980,320	327,862	598,116	380,940	311,274	19,915	36,528	20,441	74,465	7,595	738
Group Debtors	8,424,366	10,644,040	2,915,768	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	152,135	828,480	1,517,457	3,820,726	3,199,325	3,115,166	2,642,171	1,861,733	1,305,158	1,044,252	694,779	191,540	0	0	0
Cash	4,645	0	4,843,048	5,364,549	2,142,715	1,229,852	3,920,115	265,325	200,212	321,981	12,010	9,598	35,545	7,706	5,994
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	1,558	0	0
total current assets	8,581,146	11,472,520	12,898,855	12,430,787	7,594,380	5,034,766	7,169,902	2,517,498	1,826,144	1,395,648	894,098	221,579	111,568	15,301	6,732
total assets	21,694,238	24,585,612	37,057,286	35,921,310	17,893,540	14,434,244	14,230,567	7,663,282	5,990,312	4,452,949	3,036,218	1,584,168	913,448	338,041	130,804
Bank overdraft	0	0	0	0	0	0	0	0	0	0	171,332	0	0	0	0
Bank loan	0	0	0	0	791,167	0	0	0	0	0	314,226	31,200	0	0	0
Trade Creditors	0	0	598,074	1,100,357	1,903,828	786,754	371,674	580,045	369,241	218,570	446,130	374,274	326,562	68,581	15,881
Group/Directors Accounts	0	0	4,088,186	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	2,117,959	2,074,953	1,529,348	1,350,892	884,091	210,088	87,953	0	0	0
hp & lease commitments	0	0	0	0	53,352	57,792	82,777	158,161	9,246	9,246	142,619	0	0	0	0
other current liabilities	0	0	5,593,763	7,228,661	1,905,301	746,509	1,612,364	1,579,276	1,063,378	611,966	362,882	275,424	0	0	0
total current liabilities	0	0	10,280,023	8,329,018	4,653,648	3,709,014	4,141,768	3,846,830	2,792,757	1,723,873	1,647,277	768,851	326,562	68,581	15,881
loans	22,746,443	22,633,428	22,442,173	22,251,676	6,998,584	4,739,536	7,337,399	1,269,231	1,877,088	2,200,036	1,226,073	741,572	0	0	0
hp & lease commitments	0	0	0	0	0	53,352	3,603	19,533	5,393	10,481	209,618	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	45,000	0	0
other liabilities	0	0	0	0	300,000	0	0	300,421	0	0	0	0	237,902	150,111	65,461
provisions	0	0	0	213,912	306,085	369,248	120,658	120,658	120,658	29,940	0	0	0	0	0
total long term liabilities	22,746,443	22,633,428	22,442,173	22,465,588	7,604,669	5,162,136	7,461,660	1,709,843	2,003,139	2,240,457	1,435,691	741,572	282,902	150,111	65,461
total liabilities	22,746,443	22,633,428	32,722,196	30,794,606	12,258,317	8,871,150	11,603,428	5,556,673	4,795,896	3,964,330	3,082,968	1,510,423	609,464	218,692	81,342
net assets	-1,052,205	1,952,184	4,335,090	5,126,704	5,635,223	5,563,094	2,627,139	2,106,609	1,194,416	488,619	-46,750	73,745	303,984	119,349	49,462
total shareholders funds	-1,052,205	1,952,184	4,335,090	5,126,704	5,635,223	5,563,094	2,627,139	2,106,609	1,194,416	488,619	-46,750	73,745	303,984	119,349	49,462

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Operating Activities
Operating Profit	-451,893	-167,727	1,973,431	219,151	444,319	658,738	1,595,550	1,579,269	1,339,915	550,503	82,001	52,033	114,263	87,344	-2,803
Depreciation	0	0	1,130,285	1,521,421	1,708,608	0	0	1,279,952	1,042,487	707,027	484,490	285,224	95,639	17,646	34,974
Amortisation	0	0	342,181	663,270	398,525	309,038	140,445	154,111	82,763	54,570	30,000	0	0	0	0
Tax	0	229,525	325,569	19,955	-106,447	-9,848	-236,375	-252,224	-185,463	-73,702	43,762	1,503	-29,737	-24,466	0
Stock	0	-737,271	480,432	-15,181	-89,866	352,386	0	0	0	-141,281	150,781	0	0	0	0
Debtors	-2,896,019	4,153,984	-176,863	2,315,754	1,736,617	202,741	997,614	626,241	552,265	332,860	519,326	137,516	66,870	6,857	738
Creditors	0	-598,074	-502,283	-803,471	1,117,074	415,080	-208,371	210,804	150,671	-227,560	71,856	47,712	257,981	52,700	15,881
Accruals and Deferred Income	0	-5,593,763	-1,634,898	5,323,360	1,158,792	-865,855	33,088	515,898	451,412	249,084	87,458	230,424	45,000	0	0
Deferred Taxes & Provisions	0	0	-213,912	-92,173	-63,163	248,590	0	0	90,718	29,940	0	0	0	0	0
Cash flow from operations	2,444,126	-9,546,752	1,116,804	4,550,940	3,010,957	200,616	326,723	2,861,569	2,420,238	1,098,283	129,460	479,380	416,276	126,367	47,314
Investing Activities
capital expenditure	0	11,045,339	10,286,718	0	0	-4,144,408	-2,055,326	-2,415,679	-2,232,117	-1,676,778	-1,294,021	-845,933	-574,779	-216,314	-159,046
Change in Investments	0	0	13,113,092	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	11,045,339	-2,826,374	0	0	-4,144,408	-2,055,326	-2,415,679	-2,232,117	-1,676,778	-1,294,021	-845,933	-574,779	-216,314	-159,046
Financing Activities
Bank loans	0	0	0	-791,167	791,167	0	0	0	0	-314,226	283,026	31,200	0	0	0
Group/Directors Accounts	0	-4,088,186	4,088,186	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	-2,117,959	43,006	545,605	178,456	466,801	674,003	122,135	87,953	0	0	0
Long term loans	113,015	191,255	190,497	15,253,092	2,259,048	-2,597,863	6,068,168	-607,857	-322,948	973,963	484,501	741,572	0	0	0
Hire Purchase and Lease Commitments	0	0	0	-53,352	-57,792	24,764	-91,314	163,055	-5,088	-332,510	352,237	0	0	0	0
other long term liabilities	0	0	0	-300,000	300,000	0	-300,421	300,421	0	0	0	-237,902	87,791	84,650	65,461
share issue	0	0	-1,442,755	176,881	143,539	2,933,511	26,690	159,472	56,784	472,554	0	-87,804	100,000	6,975	52,250
interest	-2,938,457	-2,444,704	-1,647,859	-924,506	-409,282	-646,446	-539,035	-574,324	-505,439	-413,986	-246,258	-87,016	108	34	15
cash flow from financing	-2,825,442	-6,341,635	1,188,069	13,360,948	908,721	-243,028	5,709,693	-380,777	-309,890	1,059,798	995,641	448,003	187,899	91,659	117,726
cash and cash equivalents
cash	4,645	-4,843,048	-521,501	3,221,834	912,863	-2,690,263	3,654,790	65,113	-121,769	309,971	2,412	-25,947	27,839	1,712	5,994
overdraft	0	0	0	0	0	0	0	0	0	-171,332	171,332	0	0	0	0
change in cash	4,645	-4,843,048	-521,501	3,221,834	912,863	-2,690,263	3,654,790	65,113	-121,769	481,303	-168,920	-25,947	27,839	1,712	5,994

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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WIFINITY NETWORKS LIMITED group structure

Wifinity Networks Limited has 2 subsidiary companies.

Ultimate parent company

LDC X LP

LP021583

WIFINITY GROUP LIMITED

13151090

2 parents

WIFINITY NETWORKS LIMITED

06341412

2 subsidiaries

WIFINITY LIMITED

03921568

WIFINITY MOD LIMITED

06638479

WIFINITY NETWORKS LIMITED Shareholders

wifinity group limited

100%

Wifinity Networks Limited currently has 2 directors. The longest serving directors include Mr Costas Demetriou (Mar 2018) and Mr Jonathan Apps (Oct 2023).

officer	country	age	start	end	role
Mr Costas Demetriou	England	39 years	Mar 2018	-	Director
Mr Jonathan Apps	United Kingdom	60 years	Oct 2023	-	Director

P&L

December 2023

turnover

operating profit

-451.9k

gross margin

turnover

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

Balance Sheet

December 2023

net assets

-1.1m

-1.54%

total assets

21.7m

-0.12%

cash

4.6k

net assets

Total assets minus all liabilities

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company number

06341412

Type

Private limited with Share Capital

industry

61200 - Wireless telecommunications activities

incorporation date

August 2007

ultimate parent company

LDC X LP

previous names

wifinity limited (January 2022)

address

5th floor, the grange, 100 high street, london, N14 6BN

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We found 13 charges/mortgages relating to wifinity networks limited. Currently there are 6 open charges and 7 have been satisfied in the past.

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wifinity networks limited Company Information

wifinity networks limited Estimated Valuation

wifinity networks limited Estimated Valuation

wifinity networks limited Estimated Valuation

Wifinity Networks Limited Overview

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WIFINITY NETWORKS LIMITED financials

wifinity networks limited Credit Report and Business Information

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wifinity networks limited Companies House Filings - See Documents