Nynet Limited
The principal activity of the Company is the provision of next generation broadband services and networkingthroughout North Yorkshire. To facilitate this, the Company has procured a fibre optical core and access circuitnetwork infrastructure. The Company is marketing telecommunications network solutions to the Public and Privatesector as well as ancillary services such as HSCN, PSN and Cyber Security Education products. The company hasrecently launched a new LoRa network across North Yorkshire to support the innovative development of Internet ofThings solutions in addition to a free Public Wi-Fi product.
Revenue
£2.4m
▼ -2.0% vs prior ~12m period
Profit after tax
-£272k
Margin -10.9%
Employees
17
▼ -5.6% vs prior ~12m period
Net assets
-£2.5m
Total assets £20.9m
Financial history
Revenue by accounting period
4 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Mar 2023 | £2.4m | ▼ -2.0% | -£266k | 17 | -£2.5m |
| 31 Mar 2022 | £2.5m | ▼ -0.8% | £466k | 18 | -£2.2m |
| 31 Mar 2021 | £2.5m | ▲ +9.5% | £25k | 19 | -£2.7m |
| 31 Mar 2020 | £2.3m | — | £373k | 20 | -£2.8m |
Latest available figures
Period ending 31 Mar 2023. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
These are the most recent accounts available to us; more recent accounts may exist at Companies House.
Profit & loss
- Revenue
- £2.4m
- Gross profit
- £1.5m
- Operating profit
- -£266k
- Profit before tax
- -£266k
- Profit after tax
- -£272k
Balance sheet
- Total assets
- £20.9m
- Cash
- £3k
- Total liabilities
- £23.4m
- Net assets
- -£2.5m
- Revenue per employee
- £143k
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