Nikan Systems Limited
08193572
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 21/02/2016
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 76
Also on 2 other boards
Persons with Significant Control
Mr Ahmad Sabaghy
British · England · Age 76
23, Dunspring Lane, Ilford, IG5 0UA
Notified 17/03/2026
Former PSCs
Mr Ahmad Sabaghy
Ceased 17/03/2026
Charges4 outstanding
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CompanyRankvs 13649+ SIC 68100 peers61
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/08/2024
Net Worth
£28k
Balance sheet strength
Cash
£8k
Cash in the bank
Net Current Assets
£114k
Working capital
Current Assets
£138k
Current Liabilities
£24k
Fixed Assets
£480k
Debtors
£130k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 5.68 | +£7k |
| 2023 | 9.78 | +£6k |
| 2022 | 6.96 | +£5k |
| 2021 | 2.24 | +£22 |
| 2020 | 4.70 | +£5k |
| 2019 | 4.52 | +£1k |
| 2018 | 4.21 | — |
Derived from filed accounts. Not audited figures.