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Nex1 Autos Limited

15312971

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

109 PRIMROSE HILL, KINGS LANGLEY, WD4 8HX
Incorporated 28/11/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Elgun Umut Basyurt

director · Since 28/11/2023

SALES PERSON

BRITISH · UNITED KINGDOM · Age 30

Also on 4 other boards

Mr Mehmet Basyurt

director · Since 28/11/2023

SALES PERSON

BRITISH · ENGLAND · Age 60

Also on 2 other boards

Persons with Significant Control

Mr Elgun Umut Basyurt

Appoint directors

British · United Kingdom · Age 30

109, Primrose Hill, Kings Langley, WD4 8HX

Notified 28/11/2023

Former PSCs

Mr Mehmet Basyurt

Ceased 09/03/2026

CompanyRankvs 19035+ SIC 45112 peers
38

Financial strength48th percentile among SIC peers · 12/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.71× · 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 strength12/25 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.

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 30/11/2024

Net Worth

£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£6k

Current Liabilities

£9k

Fixed Assets

£1k

0avg. employees

Balance Sheet

Assets less current liabilities£1k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20240.71

Derived from filed accounts. Not audited figures.