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Nerdwallet Ltd

05409985

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

3RD FLOOR, ALTRINCHAM, WA14 2DT
Incorporated 01/04/2005

Compliance

Last accounts

31/12/2024

small

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 01/03/2026

Due 15/03/2027

On track

Industry

73110
Advertising agencies

Officers

Mr Tim Chao Ming Chen

director · Since 30/09/2020

PRESIDENT, CEO

AMERICAN · UNITED STATES · Age 43

Mr Ekumene Makinde Lysonge

director · Since 23/04/2021

DIRECTOR

AMERICAN · UNITED STATES · Age 49

Also on 1 other board

Mr Nicholas Kasum Tatum

director · Since 07/03/2025

DIRECTOR

AMERICAN · UNITED STATES · Age 42

Persons with Significant Control

Nerdwallet Uk Limited

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

3rd Floor, 1 Ashley Road, Altrincham, WA14 2DT

Reg: 12562044 · England · Private Limited Company

Notified 30/09/2020

Former PSCs

Mr Simon Ames

Ceased 30/09/2020

Mr Jason Tassie

Ceased 30/09/2020

Mr John Ellmore

Ceased 30/09/2020

Charges1 outstanding

Charge
outstanding

HSBC BANK PLC

Created 14/11/2016Registered 15/11/2016

CompanyRankvs 9661+ SIC 73110 peers
41

Financial strength0th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.64× · 16/20
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 strength0/25 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.

Liquidity16/20 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

is no legal requirement that this support will be ongoing, creating a material uncertainty related to events or conditions that may cast significant doubt on the entity's ability to continue as a going concern. At the date of approving these financial statements however, the Directors are comfortable that if support was needed then it would be forthcoming on the basis of a reasoned application

Key FinancialsYear ending 31/12/2024

Net Worth

-£3.7M

Balance sheet strength

Cash

£589k

Cash in the bank

Net Current Assets

£661k

Working capital

Current Assets

£1.7M

Current Liabilities

£1.0M

Fixed Assets

£47k

Debtors

£1.1M

31avg. employees-17

Tax at Year End(2020)

Corp tax£219k

Balance Sheet

Assets less current liabilities£709k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20241.64-£326k
20232.22-£1.2M
20222.98-£2.1M
20212.46-£1.5M
20202.35-£1.0M
20202.57+£1.0M
20191.99

Derived from filed accounts. Not audited figures.