Nextpower Development Limited
06363524
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 26/09/2025
Due 10/10/2026
Industry
Officers
secretary · Since 06/09/2007
CORPORATE SECRETARY
BRITISH · Age 23
Also on 58 other boards
director · Since 20/09/2007
ENTREPRENEUR
GERMAN · ITALY · Age 59
Also on 11 other boards
director · Since 01/04/2008
CONSULTANT
ITALIAN · ITALY · Age 51
Also on 18 other boards
director · Since 16/11/2021
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 41
Also on 22 other boards
Persons with Significant Control
Michael Fritz Herbert Bonte-Friedheim
German · Italy · Age 59
5th Floor, North Side 7/10 Chandos Street, London, W1G 9DQ
Notified 06/04/2016
CompanyRankvs 260170+ SIC 70229 peers67
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
flows, and the ongoing support from its parent and other group companies. No material uncertainties have been identified that would cast significant doubt on the Company’s ability to continue as a going concern. Principle risks and uncertainties The Strategic Report on page 2 includes the details of the Group's exposure to financial risks and how these are managed. Post balance sheet events Sub
Key FinancialsYear ending 31/12/2024
Net Worth
£30.3M
Balance sheet strength
Cash
£1.3M
Cash in the bank
Profit Before Tax
£2.0M
Bottom line earnings
Net Current Assets
£23.2M
Working capital
Current Assets
£23.3M
Current Liabilities
£151k
Debtors
£22.1M
Admin Expenses
£828k
Operating Profit
-£828k
Profit After Tax
£2.0M
Tax at Year End
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 154.89 | +£1.1M |
| 2023 | 597.28 | +£24.9M |
| 2022 | 16.46 | +£4.8M |
| 2021 | 0.02 | +£11k |
| 2020 | 0.01 | -£4k |
| 2020 | 0.21 | -£14k |
| 2019 | 0.36 | — |
Derived from filed accounts. Not audited figures.