Back to search

Nexus Computer Systems Limited

01555327

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

10 QUEEN STREET PLACE, LONDON, EC4R 1AG
Incorporated 08/04/1981

Compliance

Last accounts

31/12/2024

audit exemption subsidiary

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/11/2025

Due 14/12/2026

On track

Industry

62090
Other information technology service activities

Officers

Mr Edward David White

director · Since 13/04/2010

MANAGEMENT CONSULTANT

BRITISH · UNITED KINGDOM · Age 81

Also on 28 other boards

Persons with Significant Control

Nexus Business Solutions Group Limited

75–100% shares
75–100% votes
Appoint directors

10, Queen Street Place, London, EC4R 1AG

Reg: 03671481 · Companies House · Limited By Shares

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BANK OF SCOTLAND PLC

Created 07/08/2017Registered 10/08/2017
charge
satisfied

EURO SALES FINANCE PLC

Created 21/12/1999Registered 06/01/2000Satisfied 13/05/2006
charge
satisfied

BARCLAYS BANK PLC

Created 13/04/1988Registered 20/04/1988Satisfied 29/04/2006
charge
satisfied

BARCLAYS BANK PLC

Created 04/01/1985Registered 11/01/1985Satisfied 29/04/2006

CompanyRankvs 511850+ SIC 62090 peers
19

Financial strength2th percentile among SIC peers · 1/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.2× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con

Key FinancialsYear ending 31/12/2023

Turnover

£434k

Annual revenue

Net Worth

-£358k

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

£81k

Bottom line earnings

Net Current Assets

-£358k

Working capital

Current Assets

£90k

Current Liabilities

£448k

Debtors

£90k

Cost of Sales

£279k

Gross Profit

£155k

Admin Expenses

£74k

Operating Profit

£81k

Profit After Tax

£61k

1avg. employees

Tax at Year End

Corp tax£20k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20230.20+£18k
20210.10-£70k
20190.20

Derived from filed accounts. Not audited figures.