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Unico Nxt Gen Limited

15731840

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

GIBBONS INDUSTRIAL PARK, KINGSWINFORD, DY6 8XF
Incorporated 21/05/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Glyn Barrie Costigan

director · Since 21/05/2024

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 3 other boards

Mr Mark Unitt

director · Since 08/08/2024

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Persons with Significant Control

Usps Group Limited

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

Unit 89, Gibbons Industrial Park, Kingswinford, DY6 8XF

Reg: 11580124 · Uk Register Of Companies · Private Company Limited By Shares

Notified 21/05/2024

Former PSCs

Mr Mark Unitt

Ceased 24/03/2025

Charges2 outstanding

Charge
outstanding

UNITED STEELS HOLDING COMPANY LIMITED

Created 08/08/2024Registered 15/08/2024
Charge
outstanding

USPS GROUP LIMITED

Created 08/08/2024Registered 13/08/2024

CompanyRankvs 23762+ SIC 64209 peers
29

Financial strength5th percentile among SIC peers · 1/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 7.56× · 20/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees11/15 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.

Longevity2/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/12/2025

Net Worth

-£25k

Balance sheet strength

Cash

£200

Cash in the bank

Profit Before Tax

-£18k

Bottom line earnings

Net Current Assets

£5.6M

Working capital

Current Assets

£6.4M

Current Liabilities

£853k

Debtors

£6.4M

Profit After Tax

-£18k

2avg. employees+2

Balance Sheet

Assets less current liabilities£5.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20257.56-£18k

Derived from filed accounts. Not audited figures.