Next Ventures Limited

Next Ventures Limited, a London-based holding company, has been active for 24 years, employing 97 people and managing assets worth £35.68 million. With a yearly revenue of £97.35 million, the company operates from a real address and is overseen by three directors and one owner. A Google rating of 4.0 based on 108 reviews suggests a positive customer perception. Notably, Next Ventures is an irregular importer of miscellaneous manufactured goods, with just one month of import activity recorded.

The company’s core business revolves around technology recruitment and consulting for enterprise clients. Its website details a niche focus on SAP, Oracle, Microsoft Dynamics, Salesforce, and Workday solutions, catering to industries ranging from automotive to retail. Next Ventures operates globally, with offices in London, the Netherlands, Germany, France, Switzerland, USA, and Brazil. It provides both permanent and contract staffing, alongside consultancy services, and even offers a “Next Step Academy” for career development.

Financially, Next Ventures shows some concerning trends. Current assets dropped by 11%, falling to £36 million, while net assets decreased by 30%, reaching £22 million. Bank borrowings increased by 100%, reaching £1.4 million, and cash reserves plummeted 88%, falling to £270,000. However, creditors decreased by 41%, suggesting improved debt management. Turnover increased by 7.6%, reaching £97 million, but profits declined by 21%, falling to £5.1 million.

The company's focus on specialist technology recruitment, coupled with its global presence, positions it well in a competitive market. However, the decline in cash reserves and profits warrants attention. With no auditor mentioned, the financial data relies on unaudited statements. The fact that the list of owners was changed five months ago could be a positive sign, indicating ongoing investment or restructuring—but it's something to keep an eye on.

Registered in England/Wales under the registration number 04091619, with a registered address at EC1A 4HY, United Kingdom, London, 7th Floor 140 Aldersgate Street.

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