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Nex Power Ltd

07300839

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

9, CENTURION COURT BRICK CLOSE, MILTON KEYNES, MK11 3JB
Incorporated 01/07/2010

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 09/06/2025

Due 23/06/2026

On track

Industry

72190
Other research and experimental development on natural sciences and engineering

Officers

Dr Esmail Najafisaatlou

director · Since 12/09/2022

MECHANICAL ENGINEER

IRANIAN · ENGLAND · Age 47

Dr Martina Mohseni

director · Since 08/07/2024

GAS TURBINE ENGINEER

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Dr Martina Mohseni

50–75% shares

British · England · Age 45

9, Centurion Court, Brick Close, Milton Keynes, MK11 3JB

Notified 25/11/2021

Former PSCs

Dr Seyed Mohammad Mohseni

Ceased 20/10/2021

CompanyRankvs 77+ SIC 72190 peers
89

Financial strength99th percentile among SIC peers · 25/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.37× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£7.4M

Balance sheet strength

Cash

£475

Cash in the bank

Net Current Assets

£102k

Working capital

Current Assets

£176k

Current Liabilities

£74k

Fixed Assets

£7.6M

Debtors

£175k

9avg. employees

Balance Sheet

Intangible assets£2k
Bank loans & overdrafts£9k
Assets less current liabilities£7.7M
Signed by 07300839 2024-01-01 2024-12-31 07300839 2024-12-31 07300839 core:CurrentFinancialInstruments 2024-12-31 07300839 core:CuPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20242.37+£5.1M
20230.25-£430k
20222.64-£357k
20218.35-£545k
20206.54+£434k
20198.13+£33k
20193.10+£2.2M
20187.66

Derived from filed accounts. Not audited figures.