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Nextgen Inc Ltd

16382166

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

15 MITRE COURT, NORWICH, NR3 2QB
Incorporated 11/04/2025

Compliance

Next accounts due

11/01/2027

On track

Confirmation statement

Last: 10/04/2026

Due 24/04/2027

On track

Industry

41202
Construction of domestic buildings
43220
Plumbing, heat and air-conditioning installation

Officers

Mr Sam Brako

director · Since 11/04/2025

HEATING ENGINEER

GHANAIAN · ENGLAND · Age 51

Also on 1 other board

Persons with Significant Control

Mr Sam Brako

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

Ghanaian · England · Age 51

15, Mitre Court, Norwich, NR3 2QB

Notified 11/04/2025

CompanyRankvs 64689+ SIC 41202 peers
16

Financial strength12th percentile among SIC peers · 3/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.2× · 2/20
Longevity1 year trading (max 15) · 1/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength3/25 pts

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

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity1/15 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

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s

Key FinancialsYear ending 30/04/2026

Net Worth

-£6k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£3k

Current Liabilities

£15k

Fixed Assets

£5k

Debtors

£799

1avg. employees

Tax at Year End

VAT£929

Director Loans

Company owes directors£13k

Balance Sheet

Assets less current liabilities-£6k
Signed by Mr S Brako,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioEst. Revenue
20260.20£19k

Derived from filed accounts. Not audited figures.