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Nextex Ltd

05265978

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

5 WEALDSTONE ROAD, SUTTON, SM3 9QN
Incorporated 21/10/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47510
Retail sale of textiles in specialised stores
47721
47721

Officers

Mr Tahir Sheikh Ahmad

director · Since 25/03/2021

CEO

BRITISH · ENGLAND · Age 69

Persons with Significant Control

Mr Waqar Ahmad

50–75% shares
50–75% votes
Appoint directors

British · England · Age 41

5, Wealdstone Road, Sutton, SM3 9QN

Notified 06/12/2025

Former PSCs

Mr Hammad Ahmad

Ceased 25/04/2025

Mr Tahir Sheikh Ahmad

Ceased 06/12/2025

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 21/12/2016Registered 05/01/2017
Charge
outstanding

LLOYDS BANK PLC

Created 10/10/2016Registered 12/10/2016

CompanyRankvs 564+ SIC 47510 peers
61

Financial strength93th percentile among SIC peers · 23/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.78× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees12/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2024

Net Worth

£186k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£48k

Working capital

Current Assets

£176k

Current Liabilities

£225k

Fixed Assets

£418k

4avg. employees-2

Tax at Year End(2023)

Corp tax£3k

Balance Sheet

Assets less current liabilities£370k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.78+£10k
20230.88+£255
20220.93+£1k
20210.96

Derived from filed accounts. Not audited figures.