UK Companies House feature
NEXT VENTURES LIMITED
Cash
£13M
+4,593.1% vs 2023
Net assets
£26M
+17.8% vs 2023
Employees
96
-9.4% vs 2023
Profit before tax
£5M
-24.2% vs 2023
Profile
- Company number
- 04091619
- Status
- Active
- Incorporation
- 2000-10-17
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62020
Net assets
10-year trend · vs UK AI & Enterprise SaaS median
Accounts
10-year trend · latest 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | £48,417,592 | — | £43,666,595 | — | £66,160,741 | — | £90,434,627 | — | £97,346,041 | £89,711,199 | |
| Operating profit | £1,927,666 | — | £2,369,999 | — | £6,014,640 | — | £8,222,930 | — | £6,907,230 | £4,899,323 | |
| Profit before tax | £1,888,891 | — | £2,367,546 | — | £5,992,072 | — | £8,169,434 | — | £6,791,123 | £5,150,665 | |
| Net profit | — | — | — | — | — | — | — | — | — | — | |
| Cash | £229,231 | — | £202,361 | — | — | — | £2,267,777 | — | £269,279 | £12,637,622 | |
| Total assets less current liabilities | £4,070,967 | — | £5,945,063 | — | £10,746,785 | — | £17,219,369 | — | £22,360,449 | £26,322,870 | |
| Net assets | £4,046,703 | — | £5,919,019 | — | £10,726,408 | — | £17,204,154 | — | £22,331,573 | £26,299,196 | |
| Equity | £4,046,703 | — | £5,919,019 | — | £10,726,408 | — | £17,204,154 | — | £22,331,573 | £26,299,196 | |
| Average employees | 96 | — | 87 | — | 81 | — | 97 | — | 106 | 96 | |
| Wages | £6,210,278 | — | £5,445,167 | — | £7,601,320 | — | £10,380,547 | — | £11,289,370 | £10,016,974 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Menzies LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Subsidiaries
- Next Ventures Inc · 100% held · United States of America
Significant events
- “During 2024 we also suffered from a one-off debt provision of £0.5m due to two clients going into administration. Due to the size of this provision it has been reported as an exceptional item.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
1 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LACEY, Richard James | Director | 2000-10-17 | Apr 1970 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ROSENFELD, Darren Paul | Secretary | 2000-10-17 | 2026-03-31 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2000-10-17 | 2000-10-17 |
| ROSENFELD, Darren Paul | Director | 2000-10-17 | 2026-03-31 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 2000-10-17 | 2000-10-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Next Ventures Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-10-29 | Active |
| Next Ventures Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-01-24 | Ceased 2024-10-29 |
| Mr Richard James Lacey | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2017-01-24 |
| Mr Darren Paul Rosenfeld | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2017-01-24 |
Filing timeline
Last 20 of 96 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-24 | TM02 | officers | termination secretary company with name termination date |
| 2026-04-24 | TM01 | officers | termination director company with name termination date |
| 2025-09-30 | AA | accounts | accounts with accounts type full |
| 2025-06-04 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-11-11 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-11-11 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-09-30 | AA | accounts | accounts with accounts type full |
| 2024-07-29 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-09-28 | AA | accounts | accounts with accounts type full |
| 2023-06-29 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-01-13 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2023-01-13 | AD01 | address | change registered office address company with date old address new address |
| 2023-01-03 | AA | accounts | accounts with accounts type full |
| 2022-06-29 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-09-28 | AA | accounts | accounts with accounts type full |
| 2021-07-02 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-07-02 | AD01 | address | change registered office address company with date old address new address |
| 2020-12-18 | AA | accounts | accounts with accounts type full |
| 2020-07-10 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2020-07-10 | CH01 | officers | change person director company with change date |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
6.68
SAFE
Altman Z″
- Working capital / Total assets 0.626 × 6.56 = +4.11
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.117 × 6.72 = +0.79
- Book equity / Total liabilities 1.697 × 1.05 = +1.78
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory