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Nexus Bet Ltd

11015158

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)

Details

517 YARM ROAD, STOCKTON-ON-TEES, TS16 9BG
Incorporated 16/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Robert King

director · Since 16/10/2017

CHIEF TECHNOLOGY OFFICER

BRITISH · UNITED KINGDOM · Age 44

Mr Andrew Smith

director · Since 16/10/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Persons with Significant Control

Mr Robert King

25–50% shares

British · United Kingdom · Age 44

32a, Front St, Blaydon-On-Tyne, NE21 6DD

Notified 16/10/2017

Mr Andrew Smith

25–50% shares

British · England · Age 46

517, Yarm Road, Stockton-On-Tees, TS16 9BG

Notified 16/10/2017

Former PSCs

Simon Gladding

Ceased 18/11/2019

CompanyRankvs 33639+ SIC 62012 peers
42

Financial strength11th percentile among SIC peers · 3/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees13/15 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.

Longevity9/15 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 31/10/2024

Turnover

£523

Annual revenue

Net Worth

-£13k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£1k

Current Liabilities

£14k

Fixed Assets

£0

Profit After Tax

-£2k

3avg. employees

Balance Sheet

Depreciation£0
Assets less current liabilities-£13k
Signed by 1.11.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.08-£2k
20230.04-£20k
20220.02+£16k
20210.18-£712
20200.20-£13k
20190.44+£3k
20180.03

Derived from filed accounts. Not audited figures.