NEMSTAR LTD
Company number NI601436 · Monitor this company
Executive summary
NEMSTAR LTD is a long-established but diminutive IT services provider operating in Belfast's competitive technology sector, classified under SIC 62090. The company has experienced a pronounced deterioration in its financial position over the past two years, with net assets declining by approximately 83% from £97,498 in FY2024 to £16,717 in FY2026, and its current ratio falling below the healthy threshold for the sector. While the business benefits from low leverage, director continuity, and a 15-year trading history, the scale of recent asset erosion—whether driven by trading losses, dividend extraction, or write-downs—raises material concerns about its competitive sustainability in an increasingly challenging market characterised by skills inflation, IR35 disruption, and intensified competition from both local and remote providers.
Shareholders' funds
£16,717
Balance sheet as at 2026-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2009-11-26
- Employees
- 6 (2026 accounts)
- Registered office
- 48-60 High Street, Belfast, Northern Ireland, BT1 2BE
- Postcode
- BT1 2BE
- Capital
- 4 GBP
- Accounts category
- Micro
Accounts
- Last made up to
- 2026-03-31
- Next due by
- 2027-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2026-07-31
- Next due by
- 2027-08-14
Nature of business (SIC)
- 62090 Other information technology service activities
Officers 2 current
Data protection registration
Registered with the ICO as a data protection fee payer — ZA934591 (Tier 1), registered since 2021.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous registered addresses 1
| Address | Changed on |
|---|---|
| C/O MOORE STEPHENS 4TH FLOOR, DONEGALL HOUSE, 7 DONEGALL SQUARE NORTH, BELFAST, CO. ANTRIM, BT1 5LU, NORTHERN IRELAND | 2013-11-28 |
Among its peers
Among the biggest employers
of 223 similar companies in BT, with 6 staff. Among the oldest 25% of its local peers.
Competitors Belfast
-
4. TCAT LIMITED
This company ranks 136 among other information technology service activities in Belfast.
The class of 2009
18%
of the 6,018 companies in this sector incorporated in 2009 are still active today; 80% have since been dissolved.
A fact about the year, not a forecast for this company.