Nextgate Solutions Ltd in London, N21 3NA

Description

Data updated on: 01-11-2023

Registered with number 08518373 eleven years ago, Nextgate Solutions Ltd is categorised as a Private Limited Company. The business actual registration address is 1 Kings Avenue, London. The company's SIC code is 62090 which stands for Other information technology service activities. Nextgate Solutions Limited filed its latest accounts for the period up to 2021-12-31. The business most recent annual confirmation statement was released on 2023-07-07.

The business owes its success and permanent growth to four directors, who are Merritt M., Erkan A., Mark B. and Anthony P., who have been presiding over the company for two years.

The companies with significant control over this firm include: Hg Pooled Management Limited has substantial control or influence over the company. This business can be reached in London at More London Riverside, SE1 2AP and was registered as a PSC under the reg no 02055886.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31
Currency

Balance Sheet
Cash Bank On Hand			63 752	108 412	276 953	81 240	478 519	4 548 493	4 032 280
Current Assets	13 455	27 543	83 056	317 741	403 600	266 133	814 538	4 989 122	4 197 526
Debtors	75	15 526	19 304	209 329	126 647	184 893	336 019	440 629	165 246
Net Assets Liabilities			62 885	209 017	199 422	231 817	255 314	281 049	307 528
Other Debtors				109 658	39 595	2 680	2 454
Property Plant Equipment			587	4 773	9 148	14 711	11 810	17 763	18 812
Cash Bank In Hand	13 380	12 017	63 752
Net Assets Liabilities Including Pension Asset Liability	-9 509	3 583	62 885
Tangible Fixed Assets			587

Capital & Reserves
Called Up Share Capital	1	1	1
Profit Loss Account Reserve	-9 510	3 582	62 884

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment			196	1 787	4 837	9 743	13 679	23 784	34 671
Additions Other Than Through Business Combinations Property Plant Equipment				5 777
Amounts Owed By Group Undertakings Participating Interests			16 350
Amounts Owed To Group Undertakings Participating Interests				66 515
Average Number Employees During Period				4	5	7	9	8	11
Corporation Tax Payable			15 690	6 153		6 336	6 214	4 668	7 310
Creditors			20 758	66 515	167 572	49 027	300 303	2 625 579	3 905 236
Increase From Depreciation Charge For Year Property Plant Equipment				1 591	3 050	4 906	3 936	10 105	10 888
Net Current Assets Liabilities	-9 509	3 583	62 298	270 759	357 846	217 106	543 807	2 892 240	292 290
Other Creditors			958	4 999	4 914	691	2 561	19 256
Other Taxation Social Security Payable			376	36 199	36 262	8 854
Property Plant Equipment Gross Cost			783	6 560	13 985	24 454	25 489	41 547	53 483
Total Assets Less Current Liabilities			62 885	275 532	366 994	231 817	555 617	2 910 003	311 102
Trade Creditors Trade Payables			3 734	5 784	4 578	11 603	485	8 602	11 099
Trade Debtors Trade Receivables			2 954	99 671	87 052	89 296	327 088	62 454	93 200
Audit Fees Expenses							2 500	3 500	5 500
Director Remuneration						3 450	3 600	3 600
Amounts Owed By Group Undertakings						89 440
Amounts Owed To Group Undertakings				66 515	167 572		300 303	2 625 579	2 806 835
Total Additions Including From Business Combinations Property Plant Equipment					7 425	10 469	1 035	16 058	11 936
Accrued Liabilities						14 696	5 500	8 000	7 000
Accrued Liabilities Deferred Income							234 606	1 800 201	970 505
Additional Provisions Increase From New Provisions Recognised								3 375
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss									199
Administrative Expenses						219 541	208 104	146 205	332 589
Applicable Tax Rate						19	19	19	19
Cash Cash Equivalents Cash Flow Value						81 240	478 519	4 548 493
Comprehensive Income Expense						32 395	23 497	25 735	26 479
Cost Sales						203 792	517 934	2 866 136	1 799 956
Current Tax For Period						6 336	6 307	4 629	7 310
Depreciation Amortisation Expense						4 906	3 936	10 105	10 888
Depreciation Expense Property Plant Equipment						4 906	3 936	10 105	10 888
Further Item Interest Expense Component Total Interest Expense						-57		40
Further Operating Expense Item Component Total Operating Expenses							2 500
Future Minimum Lease Payments Under Non-cancellable Operating Leases						25 908	15 113	15 113
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss						-2 934	-3 978	12 607	-31 323
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables						-3 006	221 826	1 827 697	-1 001 123
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables						31 194	-240 566	-104 610	275 383
Gross Profit Loss						233 215	237 908	169 082	366 242
Income Taxes Paid Refund Classified As Operating Activities						-57	-6 429	-6 175	-4 668
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation						-195 713	397 279	4 069 974	-516 213
Increase Decrease In Current Tax From Adjustment For Prior Periods							93	-650	-6 535
Interest Paid Classified As Operating Activities						57		-40
Interest Payable Similar Charges Finance Costs						-57		40
Net Cash Flows From Used In Financing Activities						257 012	-389 743	-2 325 276	-181 255
Net Cash Flows From Used In Investing Activities						10 469	1 035	15 156	11 601
Net Cash Flows From Used In Operating Activities						-71 768	-8 571	-1 759 854	685 867
Net Cash Generated From Operations						-71 768	-15 000	-1 766 069	681 199
Net Interest Received Paid Classified As Investing Activities								-902	-335
Number Shares Issued Fully Paid							105 027	105 027	105 027
Operating Profit Loss						38 674	29 804	32 877	33 653
Other Deferred Tax Expense Credit								3 375	199
Other Interest Receivable Similar Income Finance Income								902	335
Other Operating Income Format1						25 000		10 000
Par Value Share		1	1				1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs						3 144	1 180	1 314
Prepayments						3 477	6 477	42 716	40 935
Prepayments Accrued Income								335 459	31 111
Proceeds From Borrowings Classified As Financing Activities						257 012	-389 743	-2 325 276	-181 255
Profit Loss						32 395	23 497	25 735	26 479
Profit Loss On Ordinary Activities Before Tax						38 731	29 804	33 739	33 988
Provisions								3 375	3 574
Provisions For Liabilities Balance Sheet Subtotal								3 375	3 574
Purchase Property Plant Equipment						-10 469	-1 035	-16 058	-11 936
Social Security Costs						26 225	16 929	12 000
Staff Costs Employee Benefits Expense						101 934	127 779	105 096
Tax Expense Credit Applicable Tax Rate						7 359	5 663	6 410	6 458
Tax Increase Decrease From Effect Capital Allowances Depreciation						-1 057	551	-1 131	7 387
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss						34
Tax Tax Credit On Profit Or Loss On Ordinary Activities						6 336	6 307	8 004	7 509
Total Operating Lease Payments						11 149	25 434	15 291
Turnover Revenue						437 007	755 842	3 035 218	2 166 198
Wages Salaries						72 565	109 670	91 782
Capital Employed	-9 509	3 583	62 885
Creditors Due Within One Year	22 964	23 960	20 758
Number Shares Allotted		1	1
Share Capital Allotted Called Up Paid	1	1	1
Tangible Fixed Assets Additions			783
Tangible Fixed Assets Cost Or Valuation			783
Tangible Fixed Assets Depreciation			196
Tangible Fixed Assets Depreciation Charged In Period			196