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Nexus Labs Development Ltd

14065644

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

9TH FLOOR NEO BUILDING, MANCHESTER, M1 4ET
Incorporated 25/04/2022

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 03/12/2025

Due 17/12/2026

On track

Industry

62011
Ready-made interactive leisure and entertainment software development

Officers

Mr Russell David Harding

director · Since 22/01/2024

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 5 other boards

Persons with Significant Control

Maze Theory Games Limited

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

9th Floor Neo Building, 9 Charlotte Street, Manchester, M1 4ET

Reg: 15294911 · Register Of Companies · Limited

Notified 04/12/2024

Former PSCs

Maze Theory Limited

Ceased 16/12/2022

Emergent Games Ltd

Ceased 22/01/2024

Nexus Labs Games Limited

Ceased 04/12/2024

CompanyRankvs 1396+ SIC 62011 peers
54

Financial strength87th percentile among SIC peers · 22/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 10.92× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees3/15 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.

Longevity4/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

cast significant doubt on the company's ability to continue as a going concern. Based on projected cash flow forecasts covering a 12 month future period, the director and the company's management have concluded that the financial statements should be prepared on a going concern

Key FinancialsYear ending 31/03/2025

Net Worth

£73k

Balance sheet strength

Cash

£24

Cash in the bank

Net Current Assets

£73k

Working capital

Current Assets

£80k

Current Liabilities

£7k

Debtors

£80k

0avg. employees

Balance Sheet

Assets less current liabilities£73k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
202510.92-£220k
202435.87+£228k
20232.94+£25k
20231.29+£42k
20220.99

Derived from filed accounts. Not audited figures.