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Nexus Aftermarket Limited

03971825

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)
  • Loss before tax (-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 13/04/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy 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

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

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 29/10/2003Registered 05/11/2003
charge
satisfied

EURO SALES FINANCE PLC

Created 25/09/2001Registered 03/10/2001Satisfied 29/04/2006

CompanyRankvs 563+ SIC 70229 peers
69

Financial strength94th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.81× · 20/20
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 strength24/25 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

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

£636k

Annual revenue

Net Worth

£214k

Balance sheet strength

Cash

£137k

Cash in the bank

Profit Before Tax

-£35k

Bottom line earnings

Net Current Assets

£202k

Working capital

Current Assets

£255k

Current Liabilities

£53k

Fixed Assets

£12k

Debtors

£118k

Cost of Sales

£292k

Gross Profit

£344k

Admin Expenses

£379k

Operating Profit

-£35k

Profit After Tax

-£35k

9avg. employees-6

Tax at Year End(2019)

Corp tax£32k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20234.81-£66k
20215.45+£21k
20206.33-£286k
20192.93

Derived from filed accounts. Not audited figures.