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Nexus Original Limited

07230943

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • 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

SALATIN HOUSE, SUTTON, SM2 5DA
Incorporated 21/04/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Hamid Shayegan

director · Since 21/04/2010

DIRECTOR

BRITISH · ENGLAND · Age 64

Persons with Significant Control

Mr Hamid Shayegan

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

British · England · Age 64

Salatin House, 19 Cedar Road, Sutton, SM2 5DA

Notified 06/04/2016

CompanyRankvs 34497+ SIC 47910 peers
37

Financial strength0th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.32× · 2/20
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 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.

Liquidity2/20 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

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

7avg. employees+1

Balance Sheet

Intangible assets£11k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.32-£212k
20230.43-£260k
20220.63
20210.96
20200.81

Derived from filed accounts. Not audited figures.