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NEXT SECURITY SERVICES LTD Financials

Company number
13806142Copy
Copy
Registered office
124 Wellington Road North, Stockport SK4 2LL
Incorporated
17/12/2021

Company snapshot

Status
Active
Employees
22 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2024.

Net Assets

£20.44K2024
48.11%vs 2023

2023: £13.80K

Total Assets

£58.18K2024
-1.56%vs 2023

2023: £59.10K

Total Liabilities

£37.74K2024
-16.69%vs 2023

2023: £45.30K

Employees

222024
+2vs 2023

2023: 20

In 2024, NEXT SECURITY SERVICES LTD reported net assets of £20.44K. The same filing shows total assets of £58.18K and total liabilities of £37.74K. Reported headcount was 22 in 2024. Total Liabilities fell from £45.30K in 2023 to £37.74K in 2024 (-16.69%). Okredo holds filed figures for 2022–2024; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£20.44K2024
48.11%from £13.80K in 2023

Year-on-year change

Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures NEXT SECURITY SERVICES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£23.28K2022£20.44K2024
-12.2%vs 2022

-6.3% a year compound (CAGR)

Total Assets

£44.75K2022£58.18K2024
+30%vs 2022

+14% a year compound (CAGR)

Total Liabilities

£21.46K2022£37.74K2024
+75.8%vs 2022

+32.6% a year compound (CAGR)

Employees

32022222024
+633%vs 2022+19

Biggest increase

Employees+633%

3 in 2022 to 22 in 2024

Biggest decrease

Net Assets-12.2%

£23.28K in 2022 to £20.44K in 2024

NEXT SECURITY SERVICES LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from NEXT SECURITY SERVICES LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
35.14%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
64.86%2024
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for NEXT SECURITY SERVICES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202220232024
Net Assets£23.28K13.80K20.44K
Total Assets£44.75K59.10K58.18K
Cash in Bank£–––
Total Liabilities£21.46K45.30K37.74K
Employees32022

NEXT SECURITY SERVICES LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for NEXT SECURITY SERVICES LTD covering 2022–2024, across 4 reported indicators. The most recent reported year is 2024.

NEXT SECURITY SERVICES LTD reported net assets of £20.44K for 2024. That compares with £13.80K in 2023, a change of 48.11%.

NEXT SECURITY SERVICES LTD reported total assets of £58.18K for 2024. That compares with £59.10K in 2023, a change of -1.56%.

NEXT SECURITY SERVICES LTD reported total liabilities of £37.74K for 2024. That compares with £45.30K in 2023, a change of -16.69%.

NEXT SECURITY SERVICES LTD reported 22 employees in 2024, compared with 20 in 2023.

Between 2022 and 2024, NEXT SECURITY SERVICES LTD's net assets fell by 12.2%, total assets rose by 30%, total liabilities rose by 75.8% and employee numbers rose by 633%. Net assets contracted at 6.3% a year across the two years to 2024, from £23.28K to £20.44K. Reported headcount went from 3 in 2022 to 22 in 2024 (+19).

Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.