Nexus Original Limited
07230943
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Hamid Shayegan
British · England · Age 64
Salatin House, 19 Cedar Road, Sutton, SM2 5DA
Notified 06/04/2016
CompanyRankvs 34497+ SIC 47910 peers37
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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
The director is confident that this funding will be forthcoming in the necessary timescale. The director therefore consider that it is appropriate to continue to prepare the financial statements on a going concern basis. However, in the absence of the required funding being in place these conditions indicate the existence of a material uncertainty which may cast significant doubt over the company’
Key FinancialsYear ending 31/07/2024
Net Worth
-£668k
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
-£683k
Working capital
Current Assets
£316k
Current Liabilities
£999k
Fixed Assets
£15k
Debtors
£84k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.32 | -£212k |
| 2023 | 0.43 | -£260k |
| 2022 | 0.63 | — |
| 2021 | 0.96 | — |
| 2020 | 0.81 | — |
Derived from filed accounts. Not audited figures.