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Next Gen Trade Ltd

14559182

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 4 KENTISH TOWN BUSINESS PARK,, LONDON, NW5 3EW
Incorporated 28/12/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46390
Non-specialised wholesale of food, beverages and tobacco

Officers

Duane Tassinari

secretary · Since 22/09/2025

Mr Duane Paul Tassinari

director · Since 10/10/2025

DIRECTOR

IRISH · ENGLAND · Age 31

Also on 6 other boards

Ms Qingwei Lu

director · Since 16/10/2025

DIRECTOR

CHINESE · ENGLAND · Age 32

Also on 2 other boards

Persons with Significant Control

Ms Qingwei Lu

75–100% shares

Chinese · England · Age 32

Unit 4, Kentish Town Business Park,, London, NW5 3EW

Notified 16/10/2025

Former PSCs

Mrs Qingwei Lu

Ceased 10/10/2025

Mr Duane Paul Tassinari

Ceased 16/10/2025

CompanyRankvs 1691+ SIC 46390 peers
54

Financial strength72th percentile among SIC peers · 18/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees12/15 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.

Longevity3/15 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 31/12/2024

Net Worth

£39k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£39k

Working capital

Current Assets

£261k

Current Liabilities

£300k

4avg. employees+1

Balance Sheet

Assets less current liabilities£39k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.87-£70k
20230.61

Derived from filed accounts. Not audited figures.