Neva Tech Ltd

Neva Tech Ltd is a small, active company based in Barnet, UK, founded five years ago. With just two employees and £3,581 in assets, it’s a solo founder operation led by a single director and owner, Yelmer Muharrem. The company operates from a real address and has been active since its incorporation on May 20, 2019.

Neva Tech’s website reveals a focus on API management and governance software, marketed under the name Sentinet. The company offers a suite of tools for managing APIs, including an API gateway, developer portal, and catalog. They cater to businesses looking to secure, monitor, and transform their APIs, supporting various deployment models like on-premises, cloud, and hybrid environments. The website highlights features like security, analytics, message transformation, and dependency tracking, targeting companies seeking to streamline their API integrations and improve overall performance.

Financially, Neva Tech Ltd presents a mixed picture. While the company’s net assets dropped significantly from -£2,100 to -£4,400, cash reserves plummeted 96% to just £15, and bank borrowings increased, creditors also rose sharply, suggesting potential cash flow challenges. However, trade debtors remained stable, and net current assets improved, indicating some degree of financial management. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the declining equity raises concerns. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

In short, Neva Tech Ltd appears to be a small, niche software company facing financial pressures. While its API management software, Sentinet, shows promise, the company will need to address its declining equity and manage its cash flow to ensure long-term sustainability.

Registered in England/Wales under the registration number 12004677, with a registered address at EN4 9RS, England, Barnet, 170 Crescent Road.

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