Project Nearshore Midco Limited
12699809
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 28/08/2025
ACCOUNTANT
BRITISH · ENGLAND · Age 23
Also on 23 other boards
Persons with Significant Control
Project Nearshore Limited
9th Floor, Neo Building, Manchester, M1 4ET
Reg: 11294575 · Companies House · Company Limited By Shares
Notified 04/09/2020
Former PSCs
Inhoco Formations Limited
Ceased 04/09/2020
Charges4 outstanding
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CompanyRankvs 7205+ SIC 99999 peers41
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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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
lead to significant doubt upon the Company's ability to continue as a going concern. Thus, the Directors have continued to adopt the going concern basis of accounting in preparing these financial statements. Matters covered in the Strategic Report As permitted by Paragraph 1A of Schedule 7 to the Large and Medium-sized companies and Groups (Acc
Key FinancialsYear ending 31/12/2023
Net Worth
£24.6M
Balance sheet strength
Cash
£2k
Cash in the bank
Profit Before Tax
£14.6M
Bottom line earnings
Net Current Assets
-£53.4M
Working capital
Current Assets
£1.9M
Current Liabilities
£55.3M
Fixed Assets
£78.0M
Debtors
£1.9M
Admin Expenses
£72k
Operating Profit
-£72k
Profit After Tax
£14.6M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.04 | +£7.1M |
| 2022 | 0.00 | +£17.5M |
| 2020 | 0.00 | — |
Derived from filed accounts. Not audited figures.