# RITE NETWORKS LIMITED (03712663)

> RITE NETWORKS LIMITED is an active private limited company (company number 03712663) incorporated on 11 February 1999, registered in Durham. Its registered activity is management consultancy activities other than financial management (SIC 70229). Latest micro accounts cover the period ending 31 March 2026, showing net assets of −£1,200, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 87% on the prior period (−£9,584). Across the last 3 periods on record the net-asset trend is volatile.

- Status: Active
- Incorporated: 1999-02-11
- Registered office: Durham, DH7 8DE
- SIC 70229: Management consultancy activities other than financial management
- Next accounts due: 2027-12-31
- Confirmation statement due: 2027-02-25
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 1,765 comparable companies in Newcastle (median £3,587, upper quartile £29k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2026-03-31 | −£1,200 | — | — | £4,628 | — | — | 2 |
| 2025-03-31 | −£9,584 | — | — | £9,634 | — | — | 2 |
| 2024-03-31 | −£8,915 | — | — | £9,699 | — | — | 2 |

current ratio 0.73; net assets trend volatile; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-1,200 at 31 March 2026
- Net assets up 10% or more on the prior period: +87.5% vs prior period
- Current assets below creditors within one year: Current ratio 0.73
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 11 February 1999

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mrs Patricia Fyfe — owns 25–50% of shares, since 2017-02-11
- Mr John Morton Fyfe — owns 25–50% of shares, since 2017-02-11

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/03712663
HTML: https://firmoscan.com/company/03712663-rite-networks-limited