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Nl Group Limited

04295083

active
Private Limited Company
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)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

RIVERSIDE HOUSE 3 EARLS COURT, HULL, HU4 7DY
Incorporated 27/09/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78109
Other activities of employment placement agencies

Officers

Mr Mark William Hathway

secretary · Since 01/10/2001

HEALTHCARE

BRITISH · UNITED KINGDOM · Age 59

Also on 6 other boards

Mr Mark William Hathway

director · Since 01/10/2001

HEALTHCARE

BRITISH · ENGLAND · Age 59

Also on 6 other boards

Mrs Rae Jennifer Mcglone

director · Since 01/10/2001

HEALTHCARE

ENGLISH · ENGLAND · Age 59

Mr Richard Scott Carlton Blyth

director · Since 21/05/2026

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Persons with Significant Control

Nl Group (Holdings) Limited

75–100% shares

Riverside House, 3 Earls Court, Hull, HU4 7DY

Reg: 15676640 · Companies House - England & Wales · Private Company Limited By Shares

Notified 15/05/2024

Former PSCs

Mr Mark William Hathway

Ceased 15/05/2024

Mrs Rae Jennifer Mcglone

Ceased 15/05/2024

Charges1 outstanding

Charge
outstanding

BGF NOMINEES LIMITED AS SECURITY TRUSTEE

Created 15/05/2024Registered 16/05/2024
charge
satisfied

HSBC INVOICE FINANCE (UK) LIMITED ("THE SECURITY HOLDER")

Created 23/03/2012Registered 27/03/2012Satisfied 17/01/2014

CompanyRankvs 17+ SIC 78109 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 9.67× · 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 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

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 directors with respect to going co

Key FinancialsYear ending 30/09/2023

Turnover

£18.3M

Annual revenue

Net Worth

£10.9M

Balance sheet strength

Cash

£7.5M

Cash in the bank

Profit Before Tax

£4.7M

Bottom line earnings

Net Current Assets

£10.8M

Working capital

Current Assets

£12.0M

Current Liabilities

£1.2M

Fixed Assets

£148k

Debtors

£4.5M

Cost of Sales

£11.2M

Gross Profit

£7.1M

Admin Expenses

£2.4M

Operating Profit

£4.7M

Profit After Tax

£3.6M

248avg. employees+39

Tax at Year End

Dividends paid£292k

People Costs

Wages & salaries£7.9M
NI contributions£789k

Balance Sheet

Intangible assets£25k
Assets less current liabilities£10.9M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20239.67+£3.5M
20227.55+£4.0M
20214.83+£1.6M
20203.72+£598k
20193.02+£245k
20182.96

Derived from filed accounts. Not audited figures.