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NEXUS BUSINESS SOLUTIONS GROUP LIMITED Financials

Company number
03671481Copy
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Registered office
10 Queen Street Place, London EC4R 1AG
Incorporated
20/11/1998

Company snapshot

Status
Active
Employees
37 (2023)
Latest financial data
2023
Accounts type
Audit Exemption Subsidiary

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£-995.00K2023
12.10%vs 2022

2022: £-1.13M

Total Assets

£2.18M2023
13.25%vs 2022

2022: £1.93M

Cash in Bank

£13.00K2023
-92.31%vs 2022

2022: £169.00K

Total Liabilities

£3.15M2023
4.59%vs 2022

2022: £3.01M

Employees

372023
-2vs 2022

2022: 39

In 2023, NEXUS BUSINESS SOLUTIONS GROUP LIMITED reported net assets of £-995.00K. The same filing shows total assets of £2.18M, cash in bank of £13.00K and total liabilities of £3.15M. Reported headcount was 37 in 2023. Total Assets rose from £1.93M in 2022 to £2.18M in 2023 (13.25%). Okredo holds filed figures for 2021–2023; 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

£-995.00K2023
12.10%from £-1.13M in 2022

Year-on-year change

Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.

3-year financial trend (2021–2023)

How the figures NEXUS BUSINESS SOLUTIONS GROUP LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£-1.15M2021£-995.00K2023
Increasedvs 2021

Cash in Bank

£828.00K2021£13.00K2023
-98.4%vs 2021

-87.5% a year compound (CAGR)

Total Assets

£2.06M2021£2.18M2023
+5.9%vs 2021

+2.9% a year compound (CAGR)

Total Liabilities

£3.18M2021£3.15M2023
-1.1%vs 2021

-0.6% a year compound (CAGR)

Employees

542021372023
-31.5%vs 2021-17

Biggest increase

Total Assets+5.9%

£2.06M in 2021 to £2.18M in 2023

Biggest decrease

Cash in Bank-98.4%

£828.00K in 2021 to £13.00K in 2023

NEXUS BUSINESS SOLUTIONS GROUP LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from NEXUS BUSINESS SOLUTIONS GROUP LIMITED'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
-45.64%2023

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
144.36%2023

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.

Cash to liabilities
0.41%2023

Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.

Cash to total assets
0.60%2023

Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for NEXUS BUSINESS SOLUTIONS GROUP LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£-1.15M-1.13M-995.00K
Total Assets£2.06M1.93M2.18M
Cash in Bank£828.00K169.00K13.00K
Total Liabilities£3.18M3.01M3.15M
Employees543937

NEXUS BUSINESS SOLUTIONS GROUP LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has NEXUS BUSINESS SOLUTIONS GROUP LIMITED filed financial statements?

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Yes. Okredo holds filed figures for NEXUS BUSINESS SOLUTIONS GROUP LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

What net assets did NEXUS BUSINESS SOLUTIONS GROUP LIMITED report in 2023?

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NEXUS BUSINESS SOLUTIONS GROUP LIMITED reported net assets of £-995.00K for 2023. That compares with £-1.13M in 2022, a change of 12.10%.

What total assets did NEXUS BUSINESS SOLUTIONS GROUP LIMITED report in 2023?

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NEXUS BUSINESS SOLUTIONS GROUP LIMITED reported total assets of £2.18M for 2023. That compares with £1.93M in 2022, a change of 13.25%.

What cash in bank did NEXUS BUSINESS SOLUTIONS GROUP LIMITED report in 2023?

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NEXUS BUSINESS SOLUTIONS GROUP LIMITED reported cash in bank of £13.00K for 2023. That compares with £169.00K in 2022, a change of -92.31%.

How many people does NEXUS BUSINESS SOLUTIONS GROUP LIMITED employ?

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NEXUS BUSINESS SOLUTIONS GROUP LIMITED reported 37 employees in 2023, compared with 39 in 2022.

How have NEXUS BUSINESS SOLUTIONS GROUP LIMITED financials changed over the last 3 years?

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Between 2021 and 2023, NEXUS BUSINESS SOLUTIONS GROUP LIMITED's cash in bank fell by 98.4%, total assets rose by 5.9%, total liabilities fell by 1.1% and employee numbers fell by 31.5%. Cash in bank contracted at 87.5% a year across the two years to 2023, from £828.00K to £13.00K. Reported headcount went from 54 in 2021 to 37 in 2023 (-17).

Which years of NEXUS BUSINESS SOLUTIONS GROUP LIMITED financial data are available?

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Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.