Nexus Business Solutions Group Limited

Nexus Business Solutions Group Ltd, based in London, UK, is a holding company with an active status, established 26 years ago. The company employs 39 people and holds £2,121,000 in assets, operating from a virtual address. It's managed by two directors and has one owner, boasting a respectable Google rating of 4.0 from five reviews. The company is an irregular exporter, primarily dealing in printed materials like books, newspapers, and pictures, with just one month of export activity recorded in 2017.

The company operates in the activities of head offices industries. Its website is not available, making it difficult to determine if it operates an e-commerce platform.

Financially, Nexus Business Solutions Group Ltd shows a mixed picture. Current assets increased by 16%, reaching £2,100,000, while net assets decreased by 8%, settling at £1,000,000. Bank borrowings increased by 68%, reaching £690,000, and cash reserves decreased by 92%, dropping to £13,000. Creditors decreased by 23%, 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, but the sharp equity drop raises questions. The company’s auditor is HaysMac LLP.

The company’s financial data suggests it’s facing some pressures, but also demonstrates potential for growth. The decrease in cash reserves could be due to investments in the business, while the increase in bank borrowings could indicate a need for additional capital. The company’s irregular export activity suggests that it may be focused on other areas of its business.

Registered in England/Wales under the registration number 03671481, with a registered address at EC4R 1AG, United Kingdom, London, 10 Queen Street Place.

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