Nexlynn Limited
01303189
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 28/12/1992
GARAGE MANAGER
BRITISH · UNITED KINGDOM · Age 55
Also on 8 other boards
director · Since 05/11/1993
GARAGE MANAGER
BRITISH · UNITED KINGDOM · Age 53
Also on 7 other boards
director · Since 15/12/1995
DIRECTOR
BRITISH · UNITED KINGDOM · Age 51
Also on 14 other boards
secretary · Since 06/03/2006
BRITISH · UNITED KINGDOM · Age 51
Also on 14 other boards
Persons with Significant Control
Nexlynn Automotive Ltd
6th Floor, 2 London Wall Place, London, EC2Y 5AU
Reg: 06462291 · England & Wales · Limited Company
Notified 06/04/2016
Charges1 outstanding
NEXLYNN HOLDINGS LIMITED
BARCLAYS BANK PLC
THE MAYOR & COMMONALTY & CITIZENS OF THE CITY OF LONDON
MARIA CHARALAMBOUS · ALEX CHARALAMBOUS
BANK OF CYPRUS (LONDON) LTD
BANK OF CYPRUS (LONDON) LIMITED
ALEX CHARALAMBOUS AND MARIA CHARALABOUS
CompanyRankvs 25226+ SIC 45200 peers22
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
these assessments and having regard to the resources and support available to the entity, the Directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and accounts. Page 4 NEXLYNN LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024 2. Accounting policies (continued) 2.3 Revenue
Key FinancialsYear ending 31/05/2024
Net Worth
-£44k
Balance sheet strength
Cash
£5k
Cash in the bank
Net Current Assets
-£44k
Working capital
Current Assets
£13k
Current Liabilities
£57k
Fixed Assets
£12k
Debtors
£4k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.23 |
Derived from filed accounts. Not audited figures.