Networkiq Limited

POWER SEARCH PRICING

SOLUTIONS

networkiq limited Company Information

Company Number

07005987

Next Accounts

Jun 2025

Directors

Ifagbemi Bandele

Shareholders

ifagbemi ajani bandele

olayinka bandele

Group Structure

View All

Industry

Computer consultancy activities

Registered Address

north london business park, oakleigh road south, london, N11 1NP

Website

www.networkiq.co.uk

networkiq limited Estimated Valuation

£262.4k

Pomanda estimates the enterprise value of NETWORKIQ LIMITED at £262.4k based on a Turnover of £501.1k and 0.52x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Networkiq Limited is a live company located in london, N11 1NP with a Companies House number of 07005987. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in September 2009, it's largest shareholder is ifagbemi ajani bandele with a 75% stake. Networkiq Limited is a established, small sized company, Pomanda has estimated its turnover at £501.1k with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Networkiq Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

3 Strong

2 Regular

5 Weak

Size

annual sales of £501.1k, make it smaller than the average company (£1.4m)

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6.9%)

EXPORT

Networkiq Limited's latest turnover from September 2023 is estimated at £501.1 thousand and the company has net assets of £91.8 thousand. According to their latest financial statements, Networkiq Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010
Turnover	501,053	301,737	650,050	385,058	467,698	237,935	331,627	592,836	162,509	315,188	65,922	65,759	8,180	165,447
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	369,780	216,872	478,417	270,458	328,864	168,497	234,433	400,438	111,840	212,552	43,177	42,190	5,372	105,260
Gross Profit	131,274	84,866	171,633	114,600	138,834	69,438	97,194	192,398	50,669	102,637	22,745	23,569	2,808	60,188
Admin Expenses	75,994	116,923	150,218	41,941	133,412	72,158	118,216	187,050	59,269	62,024	28,834	20,017	3,360	58,513
Operating Profit	55,280	-32,057	21,415	72,659	5,422	-2,720	-21,022	5,348	-8,600	40,613	-6,089	3,552	-552	1,675
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	35	66	75	59	90	63	83	65
Pre-Tax Profit	55,280	-32,057	21,415	72,659	5,422	-2,720	-20,987	5,414	-8,525	40,672	-5,999	3,614	-469	1,740
Tax	-13,820	0	-4,069	-13,805	-1,030	0	0	-1,083	0	-8,541	0	-867	0	-487
Profit After Tax	41,460	-32,057	17,346	58,854	4,392	-2,720	-20,987	4,331	-8,525	32,131	-5,999	2,747	-469	1,253
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	41,460	-32,057	17,346	58,854	4,392	-2,720	-20,987	4,331	-8,525	32,131	-5,999	2,747	-469	1,253
Employee Costs	284,412	263,546	245,037	232,883	258,860	274,231	104,046	173,574	57,318	114,619	54,422	54,309	53,390	51,599
Number Of Employees	5	5	5	5	5	5	2	3	1	2	1	1	1	1
EBITDA*	55,280	-32,057	21,415	72,659	5,422	-2,720	-21,022	5,855	-7,658	40,613	-90	9,551	4,976	9,363

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010
Tangible Assets	12,686	18,750	0	3,676	2,323	1,423	1,930	2,027	0	942	6,941	12,940	16,584	22,112
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	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
Total Fixed Assets	12,686	18,750	0	3,676	2,323	1,423	1,930	2,027	0	942	6,941	12,940	16,584	22,112
Stock & work in progress	0	0	0	0	0	0	0	0	7,500	0	0	0	0	0
Trade Debtors	214,163	112,942	328,770	185,644	200,180	68,194	160,261	167,517	44,252	82,848	14,190	14,190	13	42,361
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	0	0	0	0	0	0	0	28,303	24,220	5,639	17,950	17,950	7,118	25,925
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	214,163	112,942	328,770	185,644	200,180	68,194	160,261	195,820	75,972	88,487	32,140	32,140	7,131	68,286
total assets	226,849	131,692	328,770	189,320	202,503	69,617	162,191	197,847	75,972	89,429	39,081	45,080	23,715	90,398
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	109,051	44,706	199,078	74,312	196,349	67,855	46,730	172,278	54,734	59,666	41,449	41,449	22,831	45,391
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	109,051	44,706	199,078	74,312	196,349	67,855	46,730	172,278	54,734	59,666	41,449	41,449	22,831	45,391
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	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
other liabilities	26,041	36,689	47,338	50,000	0	0	110,979	0	0	0	0	0	0	43,654
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	26,041	36,689	47,338	50,000	0	0	110,979	0	0	0	0	0	0	43,654
total liabilities	135,092	81,395	246,416	124,312	196,349	67,855	157,709	172,278	54,734	59,666	41,449	41,449	22,831	89,045
net assets	91,757	50,297	82,354	65,008	6,154	1,762	4,482	25,569	21,238	29,763	-2,368	3,631	884	1,353
total shareholders funds	91,757	50,297	82,354	65,008	6,154	1,762	4,482	25,569	21,238	29,763	-2,368	3,631	884	1,353

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010
Operating Activities
Operating Profit	55,280	-32,057	21,415	72,659	5,422	-2,720	-21,022	5,348	-8,600	40,613	-6,089	3,552	-552	1,675
Depreciation	0	0	0	0	0	0	0	507	942	0	5,999	5,999	5,528	7,688
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-13,820	0	-4,069	-13,805	-1,030	0	0	-1,083	0	-8,541	0	-867	0	-487
Stock	0	0	0	0	0	0	0	-7,500	7,500	0	0	0	0	0
Debtors	101,221	-215,828	143,126	-14,536	131,986	-92,067	-7,256	123,265	-38,596	68,658	0	14,177	-42,348	42,361
Creditors	64,345	-154,372	124,766	-122,037	128,494	21,125	-125,548	117,544	-4,932	18,217	0	18,618	-22,560	45,391
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	4,584	29,399	-1,014	-48,647	900	110,472	-139,314	6,551	18,506	-18,369	-90	13,125	24,764	11,906
Investing Activities
capital expenditure	6,064	-18,750	3,676	-1,353	-900	507	97	-2,534	0	5,999	0	-2,355	0	-29,800
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	6,064	-18,750	3,676	-1,353	-900	507	97	-2,534	0	5,999	0	-2,355	0	-29,800
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	-10,648	-10,649	-2,662	50,000	0	-110,979	110,979	0	0	0	0	0	-43,654	43,654
share issue	0	0	0	0	0	0	-100	0	0	0	0	0	0	100
interest	0	0	0	0	0	0	35	66	75	59	90	63	83	65
cash flow from financing	-10,648	-10,649	-2,662	50,000	0	-110,979	110,914	66	75	59	90	63	-43,571	43,819
cash and cash equivalents
cash	0	0	0	0	0	0	-28,303	4,083	18,581	-12,311	0	10,832	-18,807	25,925
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	0	-28,303	4,083	18,581	-12,311	0	10,832	-18,807	25,925

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for networkiq limited. Get real-time insights into networkiq limited'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 networkiq limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in N11 area or any other competitors across 12 key performance metrics.

NETWORKIQ LIMITED group structure

Networkiq Limited has no subsidiary companies.

Ultimate parent company

NETWORKIQ LIMITED

07005987

NETWORKIQ LIMITED Shareholders

ifagbemi ajani bandele	75%
olayinka bandele	25%

Networkiq Limited currently has 1 director, Mr Ifagbemi Bandele serving since Sep 2009.

officer	country	age	start	end	role
Mr Ifagbemi Bandele		65 years	Sep 2009	-	Director

P&L

September 2023

turnover

501.1k

+66%

operating profit

55.3k

gross margin

26.2%

-6.85%

turnover

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

Balance Sheet

September 2023

net assets

91.8k

+0.82%

total assets

226.8k

+0.72%

cash

net assets

Total assets minus all liabilities

Similar Companies

brutus consulting ltd

the lmr partnership limited

2stix limited

3.5

xendica limited

marylebone way limited

4.5

company number

07005987

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

incorporation date

September 2009

ultimate parent company

None

previous names

N/A

address

north london business park, oakleigh road south, london, N11 1NP

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 did not find charges/mortgages relating to networkiq limited.

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 NETWORKIQ LIMITED. This can take several minutes, an email will notify you when this has completed.

networkiq limited Company Information

networkiq limited Estimated Valuation

networkiq limited Estimated Valuation

networkiq limited Estimated Valuation

Networkiq Limited Overview

Networkiq Limited Health Check

NETWORKIQ LIMITED financials

networkiq limited Credit Report and Business Information

Networkiq Limited Competitor Analysis

networkiq limited Ownership

networkiq limited directors

networkiq limited company details

networkiq limited Charges & Mortgages

networkiq limited Capital Raised & Share Issues BETA

networkiq limited Companies House Filings - See Documents