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Nascent Semiconductor Limited

13378191

active
Private Limited Company
Companies House
Health Score
100 / 100

Healthy

30/30
Filing
30/30
Financial
40/40
Risk

No risk factors detected.

Details

CARTER HOUSE, DURHAM, DH1 1TB
Incorporated 05/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production

Officers

Professor Alton Barrett Horsfall

director · Since 08/09/2021

ENGINEER

BRITISH · ENGLAND · Age 54

Mr Andrew Grey

director · Since 19/11/2021

MANAGER

BRITISH · ENGLAND · Age 40

Also on 4 other boards

Mr Paul Farrar

director · Since 29/04/2024

CHIEF ENGINEER

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Professor Alton Barrett Horsfall

25–50% shares
25–50% votes

British · England · Age 54

Carter House, Pelaw Leazes Ln, Durham, DH1 1TB

Notified 08/09/2021

Grey Space Holdings Private Limited

25–50% shares
25–50% votes

27/29, South Lambeth Road, London, SW8 1SZ

Reg: 13292177 · England And Wales · Private Limited

Notified 08/09/2022

Former PSCs

University Of Durham

Ceased 08/09/2021

CompanyRankvs 612+ SIC 71121 peers
78

Financial strength94th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.22× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 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.

Longevity5/15 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 31/05/2025

Turnover

£1.9M

Annual revenue

Net Worth

£452k

Balance sheet strength

Cash

£671k

Cash in the bank

Profit Before Tax

£209k

Bottom line earnings

Net Current Assets

£406k

Working capital

Current Assets

£737k

Current Liabilities

£331k

Fixed Assets

£61k

Debtors

£66k

Cost of Sales

£1.6M

Gross Profit

£341k

Admin Expenses

£132k

Operating Profit

£209k

Profit After Tax

£204k

12avg. employees+6

Tax at Year End

Corp tax£9k

Director Loans(2023)

Company owes directors£22k

Balance Sheet

Assets less current liabilities£467k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20252.22+£204k
20242.36+£244k
20230.96+£1k
20220.99

Derived from filed accounts. Not audited figures.