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Napit Registration Limited

05190452

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

L4A, 4TH FLOOR, MILL 3 THE BUSINESS PARK, MANSFIELD, NG19 8RL
Incorporated 27/07/2004

Compliance

Last accounts

31/12/2024

audit exemption subsidiary

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/06/2025

Due 20/06/2026

On track

Industry

96090
Other personal service activities

Officers

Mr Michael Idris Andrews

director · Since 01/06/2015

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 62 other boards

Mr Thomas Gray

director · Since 12/01/2023

SOLICITOR

BRITISH · ENGLAND · Age 47

Mrs Sarah Julie Lowe

secretary · Since 12/01/2023

Also on 9 other boards

Mrs Sarah Julie Lowe

director · Since 01/07/2024

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 9 other boards

Mr Stephen John Melton

director · Since 01/07/2024

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 4 other boards

Mr Frank Bertie

director · Since 05/02/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 10 other boards

Mr Lee James Rhodes

director · Since 09/06/2025

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 35 other boards

Persons with Significant Control

Napit Holdings Limited

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

L4a, 4th Floor, Mill 3 The Business Park, Mansfield, NG19 8RL

Reg: 08695446 · England And Wales · Private Limited Company

Notified 20/04/2022

Former PSCs

Mr Michael Idris Andrews

Ceased 06/04/2016

The Napit Group Limited

Ceased 20/04/2022

Charges0 outstanding

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satisfied

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CompanyRankvs 80520+ SIC 96090 peers
70

Financial strength96th percentile among SIC peers · 24/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.02× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees14/15 pts

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

Liquidity12/20 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

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 31/12/2023

Turnover

£11.8M

Annual revenue

Net Worth

£635k

Balance sheet strength

Cash

£415k

Cash in the bank

Profit Before Tax

£39k

Bottom line earnings

Net Current Assets

£635k

Working capital

Current Assets

£29.1M

Current Liabilities

£28.5M

Debtors

£28.7M

Cost of Sales

£8.2M

Gross Profit

£3.5M

Admin Expenses

£3.5M

Operating Profit

£39k

Profit After Tax

£30k

5avg. employees

Tax at Year End

Corp tax£14k

Balance Sheet

Assets less current liabilities£635k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20231.02+£30k
20221.03+£35k
20221.05+£17k
20211.08
20201.21

Derived from filed accounts. Not audited figures.