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Other information technology service activities · Hitchin, Hertfordshire
Modern Networks
Modern Networks Limited
Private limited company registered in Hitchin, classed under “Other information technology service activities”.
Headline figures
FY to Mar 2021 · Company only
Turnover
For subscribers
Profit after tax
£2.08m
Net assets
For subscribers
Cash
For subscribers
Employees
For subscribers
Retained reserves
For subscribers
What the numbers say
4 findings from the figures, in plain English
Written by rules from the figures on this page. Not a forecast or a credit opinion.
History
| £ | 2020 | 2021 |
|---|---|---|
| Profit after tax | £2.08m | |
| Turnover | ||
| Net assets | ||
| Cash | ||
| Employees | ||
| Retained reserves | ||
| Dividends paid |
Every figure for all 2 years
“—” means we did not find the figure in a source; it is never filled with an estimate.
Balance sheet and ratios
From the filed balance sheets · £
| Balance sheet | 2020 | 2021 |
|---|---|---|
| Fixed assets | ||
| Current assets | ||
| of which debtors | ||
| of which cash | ||
| Creditors due within a year | ||
| Net current assets | ||
| Net assets | ||
| Ratios | ||
| Profit marginProfit after tax as a share of turnover | ||
| Return on equityProfit after tax as a share of net assets | ||
| Dividends to profitDividends paid as a share of profit after tax, in a year with a profit | ||
| Current ratioCurrent assets for every £1 owed within a year | ||
| Cash ratioCash for every £1 owed within a year | ||
| Creditors to assetsEverything owed to creditors as a share of fixed plus current assets | ||
| Turnover per employeeTurnover divided by average staff | ||
| Debtor daysDays of turnover owed by customers at the year end | ||
7 balance-sheet lines and 8 ratios, every year
A ratio appears only for years where every line it needs was filed. Lines are as tagged in the accounts; nothing is added up or estimated.
Questions people ask
›What does Modern Networks do?
Private limited company registered in Hitchin, classed under “Other information technology service activities”.
›How much turnover does Modern Networks make?
Answered in the full report
›Is Modern Networks profitable?
Yes: it made a profit after tax of £2.08m in the year to 31 March 2021, its latest filed accounts.
›How many people work at Modern Networks?
Answered in the full report
›Where is Modern Networks based?
Its registered office is Unit E2 18 Knowl Piece, Wilbury Way, Hitchin, Hertfordshire, SG4 0TY, in Hitchin, Hertfordshire.
›When was Modern Networks founded?
Modern Networks Limited was incorporated on 22 November 1999.
›Is Modern Networks still trading?
The register lists Modern Networks Limited as active.