The Firmwatch take
F & W Networks Ltd (11514559) currently shows: Watch signal detected, based on accounts to 31 March 2025; last refreshed 24 May 2026. Negative working capital plus 1 more cautionary signal — extracted from the latest filed accounts.
Companies House source·Accounts to 31 Mar 2025·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Pulse · Net assets, 2024–2025
↗ £2.1mIncorporated
13 August 2018
7 years on the register
Sector
Wired telecommunications activities
SIC 61100
Size
Not classified
Net assets
£64m
Top 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Worth watching
The latest public accounts contain some cautionary signs, but not enough to suggest severe distress on their own.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Current ratio below 1.0
Current assets are below current liabilities.
Address pattern · WA14 2DT
1,653 other UK companies are registered at this postcode — a high-volume registered-office service. Treat as a flag, not a verdict.
Active
1,611
Dissolved
25
Strike-off action
17
Sector benchmark · Telecoms
How this company compares in 7,989 telecoms firms
Top 10% in sector — F & W Networks Ltd shows £64m in net assets. Sector median is £3k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Money
What the balance sheet says
Net assets
£64m
Top 10% in sector · sector median £3k · 7,989 telecoms firms
Cash
Not disclosed
Working cap.
−£2.0m
Median £7k
Current ratio
0.9×
Median 1.4×
Signals · 3
Positive net assets
The latest filed accounts show assets exceeding liabilities.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.