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Nexus Business Solutions Group Limited

03671481

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • 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

10 QUEEN STREET PLACE, LONDON, EC4R 1AG
Incorporated 20/11/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Mr Edward David White

director · Since 13/04/2010

MANAGEMENT CONSULTANT

BRITISH · UNITED KINGDOM · Age 81

Also on 28 other boards

Mr Shane Clarke

director · Since 23/01/2019

COMPANY DIRECTOR

IRISH · IRELAND · Age 54

Also on 5 other boards

Persons with Significant Control

Latimer Solutions Group Limited

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

10, Queen Street Place, London, EC4R 1AG

Reg: 03984513 · 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

ORPHEUS AFTERMARKET LIMITED

Created 05/10/2009Registered 21/10/2009Satisfied 21/09/2012
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 29/10/2003Registered 13/11/2003Satisfied 26/09/2012
charge
satisfied

PLATINUM TECHNOLOGY UK LIMITED

Created 30/03/2001Registered 10/04/2001Satisfied 29/04/2006
charge
satisfied

EUROSALES FINANCE PLC

Created 08/02/2000Registered 15/02/2000Satisfied 29/04/2006
charge
satisfied

BARCLAYS BANK PLC

Created 07/12/1999Registered 15/12/1999Satisfied 29/04/2006

CompanyRankvs 116500+ SIC 70100 peers
31

Financial strength2th percentile among SIC peers · 1/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees14/15 pts

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

Liquidity6/20 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

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent 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 directors with respect to going c

Key FinancialsYear ending 31/12/2023

Net Worth

-£995k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

-£1.0M

Working capital

Current Assets

£2.1M

Current Liabilities

£3.1M

Fixed Assets

£31k

Debtors

£2.1M

Profit After Tax

£137k

37avg. employees-17

Tax at Year End(2020)

Corp tax£1k

Balance Sheet

Assets less current liabilities-£995k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20230.67+£155k
20210.63-£1.9M
20200.58+£0
20190.49

Derived from filed accounts. Not audited figures.