NES MANAGED SERVICES LIMITED

1. NES MANAGED SERVICES LIMITED 2009-09-23 → present
2. NES 6 LIMITED 2009-08-14 → 2009-09-23

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making enquiries, and based on the assumptions outlined in note 1 to the financial statements, the directors have concluded that the company has adequate resources to continue in operational existence for at least twelve months from the date of approval of these financial statements. Based on the strong trading relationship between this company and the parent company, the directors of this company have sought and received a commitment in writing from NES Global Talent Limited that it will provide support as may be necessary for the foreseeable future, which is a period of at least twelve months from the date of signing these financial statements. For this reason, they continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “On 27 September 2024, NES Fircroft Bondco AS, a member of the wider NES Global Talent group, secured committed funding via a senior secured bond of $350,000,000 which was partly used for the repayment of the senior secured bond of $300,000,000 within the group.”
• “During the year, the group's invoice discounting facilities were increased by $60 million to $219 million.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -27.7%

  £14,873,000 → £10,753,000

• Cash

  -41.6%

  £77,000 → £45,000

• Net assets

  +25.4%

  £17,411,000 → £21,832,000

• Employees

  -21.4%

  14 → 11

• Operating profit

  -27.5%

  £4,856,000 → £3,522,000

• Profit before tax

  -23.1%

  £5,749,000 → £4,419,000

• Wages

  -4.5%

  £1,363,000 → £1,302,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers