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Nxg Technology Ltd

10299279

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

14 HALIFAX COURT CROSS LANE, NEWARK, NG24 3JP
Incorporated 27/07/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Martin Hayes

secretary · Since 27/07/2016

Mr Martin Peter Hayes

director · Since 27/07/2016

IT CONSULTANT

BRITISH · ENGLAND · Age 47

Also on 1 other board

Persons with Significant Control

Mr Martin Peter Hayes

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

British · England · Age 47

14 Halifax Court, Cross Lane, Newark, NG24 3JP

Notified 27/07/2016

Mrs Helen Hayes

25–50% shares

British · England · Age 46

14 Halifax Court, Cross Lane, Newark, NG24 3JP

Notified 01/10/2016

CompanyRankvs 93919+ SIC 62020 peers
37

Financial strength5th percentile among SIC peers · 1/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.52× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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93919Nxg Technology Ltd
33
How is this score calculated?
Financial strength1/25 pts

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

Employees5/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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 31/01/2026

Net Worth

-£24k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£25k

Working capital

Current Assets

£25k

Current Liabilities

£49k

1avg. employees

Balance Sheet

Assets less current liabilities£25k
Signed by 1.2.25Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20260.52+£0
20260.52-£18k
20250.78-£15k
20242.33-£26k
202312.92—

Derived from filed accounts. Not audited figures.