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Nextgate Ltd

15031001

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

36 KENDAL ROAD, BOLTON, BL1 4DS
Incorporated 26/07/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
63120
Web portals
63990
Other information service activities
85600
Educational support services

Officers

Mr Faizan Aslam

director · Since 26/07/2023

CYBER SECURITY CONSULTANT

PAKISTANI · ENGLAND · Age 38

CompanyRankvs 63717+ SIC 62020 peers
49

Financial strength36th percentile among SIC peers · 9/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 8.56× · 20/20
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 strength9/25 pts

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

Employees2/15 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.

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 31/07/2024

Net Worth

£109

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£189

Working capital

Current Assets

£214

Current Liabilities

£25

0avg. employees

Balance Sheet

Assets less current liabilities£189
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20248.56

Derived from filed accounts. Not audited figures.