Nephos Technologies Ltd

Nephos Technologies Ltd, based in London, UK, is a large, active company founded thirteen years ago. Employing sixty-four people and boasting assets of £7,690,204, the company generated a yearly revenue of £27,376,068. With two directors and two owners, and a perfect 5.0 Google rating from one review, it operates from a real address at 15-18 Great Newport Street. The company is an irregular importer, specializing in machinery, boilers, and mechanical appliances, with just one month of import activity recorded.

Nephos Technologies Ltd describes itself as a consultancy-led systems integrator, helping customers solve data-related problems. Its website details services including data governance, infrastructure, management, and privacy, catering to technology leaders, data analytics professionals, risk managers, and governance compliance officers. The company offers consultancy, professional services, and managed services, with use cases ranging from modernizing data infrastructure to setting up for AI success. It’s clear that Nephos is focused on helping organizations unlock the value of their data.

Financially, Nephos shows some concerning trends. While revenue increased by 31%, from £21 million to £27 million, cash reserves took a significant hit, falling 40% to £2.8 million. Bank borrowings also decreased, dropping 32% to £65,000. Creditors increased by 38%, reaching £34,000, and net losses deepened. Despite these challenges, administrative expenses increased by 30%, suggesting investment in growth. The company’s large size (meeting two of three criteria for a large company) suggests it’s facing pressures to maintain profitability. The accounts are audited by James Cowper Kreston Audit, which is a positive sign.

Overall, Nephos Technologies Ltd is a sizable player in the data services sector, but its financial performance indicates a need for careful management. The company’s focus on data solutions and its strong customer focus are positives, but the declining cash reserves and increasing creditors warrant close attention.

Registered in England/Wales under the registration number 07725512, with a registered address at W2 1AY, United Kingdom, London, Wework, 5 Merchant Square.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
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