NEXTSALES LIMITED

Executive Summary

NEXTSALES LIMITED is a newly incorporated, small private company with positive net assets and no overdue filings, indicating low immediate financial risk. However, reliance on director loans and absence of employees warrant further investigation into operational viability. Continued monitoring of financial performance and business activities is recommended to ensure ongoing stability.

NEXTSALES LIMITED - Analysis Report

Company Number: 14667143

Analysis Date: 2025-07-29 14:43 UTC

1. Risk Rating: LOW

Justification: NEXTSALES LIMITED is a recently incorporated private limited company with a small but positive net asset position (£14,498) and net current assets (£14,497). There are no overdue filings and the company is compliant with its filing deadlines. Cash on hand (£7,515) covers current liabilities (£6,982), indicating no immediate liquidity concerns.

2. Key Concerns:

• Director Loans: The company has a director loan balance of £8,849 (a creditor), which may indicate reliance on director funding rather than external financing.
• No Employees: The company reports zero employees during the period, which may suggest limited operational activity or reliance on contractors, potentially affecting business sustainability.
• Limited Financial History: As a company incorporated in 2023, financial data is limited to just one year, restricting assessment of long-term operational performance and stability.

3. Positive Indicators:

• Strong Shareholder Control: The sole director and 75-100% shareholder, Mrs Fleur Emilie Van Wely, indicates clear and stable ownership and control.
• Compliance and Governance: All filing deadlines are met with no overdue accounts or confirmation statements; company secretary in place.
• Positive Net Assets and Working Capital: Net assets and net current assets are positive, and cash covers liabilities, reflecting basic financial stability.

4. Due Diligence Notes:

• Review the nature and terms of the director loan to understand implications for company solvency and future cash flows.
• Investigate business model and revenue streams given zero employees and small asset base to assess operational sustainability.
• Monitor filings over the next 1-2 years as additional financial data becomes available to evaluate growth and profitability trends.
• Confirm no related party transactions or contingent liabilities that may not be evident in initial accounts.
• Validate the accuracy of the SIC codes and whether the company is actively engaged in market research and consultancy activities as indicated.