PRODEC NETWORKS LTD

Active Wokingham

Other information technology service activities

87 employees website.com
Other information technology service activities
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PRODEC NETWORKS LTD

Other information technology service activities

Founded 7 Oct 1998 Active Wokingham, England 87 employees website.com
Other information technology service activities
Accounts Submitted 4 Jul 2025 Next due 30 Sept 2026 5 months remaining
Confirmation Submitted 23 Oct 2025 Next due 6 Nov 2026 6 months remaining
Net assets £2M £636K 2024 year on year
Total assets £15M £3M 2024 year on year
Total Liabilities £12M £3M 2024 year on year
Charges 8
5 outstanding 3 satisfied

Contact & Details

Contact

Registered Address

Tieva, Suite 04 1010 Eskdale Road Winnersh Triangle Wokingham RG41 5TS England

Telephone

0800 000 0000

Email

info@example.com

Website

www.example.com

Full company profile for PRODEC NETWORKS LTD (03645275), an active company based in Wokingham, England. Incorporated 7 Oct 1998. Other information technology service activities. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Balance Sheet & P&L (2015–2024)

Cash in Bank

£99.47k

Decreased by £783.70k (-89%)

Net Assets

£2.35M

Increased by £635.86k (+37%)

Total Liabilities

£12.17M

Increased by £2.79M (+30%)

Turnover

£30.31M

Increased by £380.68k (+1%)

Employees

87

Decreased by 1 (-1%)

Debt Ratio

84%

Decreased by 1 (-1%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

1 Allotment 323 Shares £323 Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
10 Sept 2019323£323£1

Officers

Officers

2 active 1 resigned
Status
Jonathan Lee SugdenDirectorBritishEngland481 Jul 2022Active
Mark Richard LeeDirectorEnglishEngland5415 Mar 2022Active

Shareholders

Shareholders (1)

Barstone Holdings Limited
100.0%

Persons with Significant Control

Persons with Significant Control (1)

1 Active 1 Ceased
Active
Notified 14 Mar 2022
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent,right To Appoint And Remove Directors

Barstone Limited

Ceased 14 Mar 2022

Ceased

Group Structure

Group Structure

PRODEC NETWORKS LTD Current Company
TIEVA SERVICES LIMITED united kingdom
SYMSTOR LIMITED united kingdom
NETWORK 24 LIMITED united kingdom
EXCEEDIA LIMITED united kingdom

Charges

Charges

5 outstanding 3 satisfied

Properties

Properties

1 leasehold 1 total
AddressTenurePrice PaidDate Added
Unit 7, The Pavilions, Ruscombe Business Park, Ruscombe, Reading (RG10 9NN) WOKINGHAM
Leasehold-17 Jan 2017
Unit 7, The Pavilions, Ruscombe Business Park, Ruscombe, Reading (RG10 9NN)
Leasehold
Added 17 Jan 2017
District WOKINGHAM

Documents

Company Filings

DateCategoryDescriptionDocument
11 Feb 2026OfficersTermination of Luis Ongil Zea as director on 11 Feb 2026
19 Dec 2025OfficersTermination of Gareth Davies as director on 19 Dec 2025
23 Oct 2025Confirmation StatementConfirmation statement made on 23 Oct 2025 with no updates
4 Jul 2025AccountsAnnual accounts made up to 31 Dec 2024
4 Apr 2025OfficersTermination of Ian Christopher Jones as director on 4 Apr 2025
11 Feb 2026 Officers

Termination of Luis Ongil Zea as director on 11 Feb 2026

19 Dec 2025 Officers

Termination of Gareth Davies as director on 19 Dec 2025

23 Oct 2025 Confirmation Statement

Confirmation statement made on 23 Oct 2025 with no updates

4 Jul 2025 Accounts

Annual accounts made up to 31 Dec 2024

4 Apr 2025 Officers

Termination of Ian Christopher Jones as director on 4 Apr 2025

Recent Activity

Latest Activity

Termination of Luis Ongil Zea as director on 11 Feb 2026

2 months ago on 11 Feb 2026

Termination of Gareth Davies as director on 19 Dec 2025

4 months ago on 19 Dec 2025

Confirmation statement made on 23 Oct 2025 with no updates

6 months ago on 23 Oct 2025

Annual accounts made up to 31 Dec 2024

9 months ago on 4 Jul 2025

Termination of Ian Christopher Jones as director on 4 Apr 2025

1 years ago on 4 Apr 2025