Neqis Limited

Neqis Limited is a small, holding company based in Rochester, UK, with an active status. Founded nineteen years ago in 2006, the company employs six people and holds £704,419 in assets. It operates from a virtual address, a detail flagged by the presence of thirty-six other companies registered at the same location. The business is led by one director and has two owners, though the list of owners changed four years ago.

Neqis Limited functions as both an importer and exporter, specializing in optical and medical tools and devices. It’s an irregular importer, with just one month of import activity recorded as of May 2022, while being a regular exporter with four months of export activity, the latest in March 2023. The company operates in the other information technology service activities industries.

Financially, Neqis Limited shows some interesting trends. Current assets increased by 11% to £700,000, while net assets rose by 20% to £350,000. Bank borrowings decreased by 36%, reaching £18,000, and cash reserves increased by 48% to £190,000. Creditors decreased by 18%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. However, the deferred income decreased by 12%, which could indicate a slowdown in future revenue. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s financial health appears stable, with growing assets and reserves. However, the decrease in deferred income warrants further investigation. The company’s management structure, with a single director, is typical for a small business, but it could present challenges as it grows.

Registered in England/Wales under the registration number 05776831, with a registered address at ME1 1UX, England, Rochester, Kent, Star House, Star Hill.

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