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Nhlex Limited

02287394

in administration
Private Limited Company
england wales
Companies House
1 outstanding charge
Insolvency history
Health Score
N/A

Details

PEARL ASSURANCE HOUSE, LONDON, N12 8LY
Incorporated 16/08/1988

Compliance

Last accounts

30/04/2022

full

Next accounts due

30/04/2024

Overdue

Confirmation statement

Last: 08/02/2024

Due 22/02/2025

Overdue

Industry

69102
Solicitors

Officers

Mr Simon Paul Holdsworth

director · Since 27/01/2012

SOLICITOR

BRITISH · ENGLAND · Age 57

Also on 28 other boards

Mr William Henry Thomas Sheppard

director · Since 27/01/2012

SOLICITOR

BRITISH · ENGLAND · Age 73

Also on 1 other board

Mr Mark John Cullingford

director · Since 01/09/2013

SOLICITOR

BRITISH · ENGLAND · Age 56

Also on 3 other boards

Mr Benedick Matthew Harrison Jones

director · Since 01/09/2013

SOLICITOR

BRITISH · ENGLAND · Age 53

Mr Jonathan David Payne

director · Since 01/09/2013

SOLICITOR

BRITISH · ENGLAND · Age 61

Also on 30 other boards

Mr Timothy Mark Blackwell

director · Since 01/09/2021

SOLICITOR

ENGLISH · ENGLAND · Age 64

Charges1 outstanding

A registered charge
outstanding

Hsbc Bank PLC

Notification of addition to or amendment of charge.

Created 06/01/2014Registered 08/01/2014

Insolvency History1 case

in administration

Asher Miller (practitioner) · Stephen Mark Katz (practitioner)

CompanyRankvs 105+ SIC 69102 peers
60

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.49× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity20/20 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

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

determination of the final balance is subject to significant estimates and judgements, as disclosed at note 3. Our opinion is not modified in respect of this matter. Material uncertainty related to going concern We draw attention to note 2.3 in the financial statements , which indicates that the Company is dealing with challenging trading conditions and management of cash flows. There is an inhere

Key FinancialsYear ending 30/04/2022

Turnover

£6.0M

Annual revenue

Net Worth

£4.0M

Balance sheet strength

Cash

£282k

Cash in the bank

Profit Before Tax

-£1.2M

Bottom line earnings

Net Current Assets

£7.6M

Working capital

Current Assets

£12.6M

Current Liabilities

£5.1M

Fixed Assets

£65k

Debtors

£12.4M

Admin Expenses

£6.8M

Operating Profit

-£835k

Profit After Tax

-£1.0M

72avg. employees

People Costs

Wages & salaries£3.6M
NI contributions£370k

Balance Sheet

Bank loans & overdrafts£331k
Assets less current liabilities£7.6M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent Ratio
20222.49

Derived from filed accounts. Not audited figures.