NEXTEQ UK LIMITED
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Cash
£214k
USD 288,563
-39.9% vs 2024
Net assets
£68k
USD 91,438
-99.7% lowest in 3 filed years
Employees
37
-17.8% lowest in 3 filed years
Profit before tax
£1.2m
USD 1,593,810
-70% lowest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £57,110,461 | £41,273,061 | £48,095,312 | +16.5% | |
| Operating profit | £7,090,616 | £3,069,159 | £935,215 | -69.5% | |
| Profit before tax | £8,317,264 | £3,952,365 | £1,184,548 | -70% | |
| Net profit | £7,896,209 | £3,881,634 | £237,055 | -93.9% | |
| Cash | £155,926 | £356,983 | £214,465 | -39.9% | |
| Total assets less current liabilities | £17,198,343 | £21,088,089 | £870,534 | -95.9% | |
| Net assets | £17,198,343 | £21,088,089 | £67,958 | -99.7% | |
| Equity | £17,198,343 | £21,088,089 | £67,958 | -99.7% | |
| Average employees | 43 | 45 | 37 | -17.8% | |
| Wages | £3,065,162 | £2,922,584 | £2,350,175 | -19.6% | |
| Directors' remuneration | — | £172,945 | £117,449 | -32.1% |
Figures converted to GBP from USD at 0.743 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 12.4% | 7.4% | 1.9% | |
| Net margin | 13.8% | 9.4% | 0.5% | |
| Return on capital employed | 41.2% | 14.6% | 107.4% | |
| Current ratio | 2.63x | 2.73x | 0.67x |
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.
Name history
Renamed 6 times since incorporation
- NEXTEQ UK LIMITED 2023-06-15 → present
- QUIXANT UK LIMITED 2020-01-02 → 2023-06-15
- DENSITRON UK LIMITED 2017-03-02 → 2020-01-02
- DENSITRON EUROPE LIMITED 1991-01-16 → 2017-03-02
- DENSITRON LIMITED 1986-08-18 → 1991-01-16
- TAYLOR MILLER LIMITED 1978-12-31 → 1986-08-18
- TAYLOR MILLER (ELECTRONICS) LIMITED 1969-11-21 → 1978-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have taken into account a signed letter of support from the Group, under which it has confirmed its intention to provide financial support, including not seeking repayments of amounts currently made available, for at least twelve months from the date of approval of the Company's financial statements. Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”
Group structure
- NEXTEQ UK LIMITED · parent
- Densitron France SAS 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 26 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FAITHFULL, Duncan Thomas Edward | Director | 2024-09-10 | Feb 1971 | British |
| STAIGHT, Matthew | Director | 2024-09-23 | Apr 1983 | British |
Show 26 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PEARSON, Timothy Stewart | Secretary | 2002-09-05 | 2018-12-31 |
| SIBSON, Ian Daniel | Secretary | — | 2002-08-30 |
| CHONG, Woon Hing Allen | Director | 2018-03-19 | 2019-08-09 |
| CONQUEST, Robert | Director | — | 1993-05-11 |
| DUTHIE, Alistair Hepburn | Director | 1993-05-12 | 1996-12-21 |
| FALCONER, Grahame Ritchie | Director | 2006-12-31 | 2016-10-31 |
| FISHER, Stuart Ross | Director | 2020-01-09 | 2024-05-02 |
| GILBERT, Russell John | Director | 1994-07-26 | 1998-07-02 |
| HALL, Heather Jane | Director | 2018-04-16 | 2019-12-31 |
| HARDCASTLE, Clifford | Director | — | 1992-07-17 |
| HARROP, Peter John, Dr | Director | 1992-07-17 | 1993-05-11 |
| HOW, Nicholas James | Director | 1999-08-11 | 2003-03-21 |
| JARMANY, Nicholas Charles Leopold | Director | — | 1993-05-11 |
| JAYAL, Jonathan Francis | Director | 2016-10-31 | 2024-09-10 |
| JOHNS, Duncan Edward | Director | 2017-04-03 | 2018-03-13 |
| MILLER, Andrew Paul | Director | 2020-01-09 | 2020-03-30 |
| MILLWARD, Guy Leighton | Director | 2020-01-09 | 2020-08-21 |
| MULLINS, Gary Paul | Director | 2018-05-15 | 2020-06-23 |
| MULLINS, Gary Paul | Director | 1999-08-11 | 2005-02-28 |
| NYE, Caroline Jane | Director | 1999-08-11 | 2003-10-31 |
| OLIVIER, Johannes Jacobus | Director | 2023-11-07 | 2024-10-31 |
| PEARSON, Timothy Stewart | Director | 1999-08-11 | 2018-04-16 |
| SMITH, Robert St John | Director | 2004-04-07 | 2006-12-31 |
| SPICER, Richard Alan | Director | — | 1993-05-11 |
| TIETJEN, Rodney Michael | Director | — | 2004-06-30 |
| TINGEY, Janet | Director | — | 1999-06-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Nexteq Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-05-02 | Active |
Filing timeline
Last 20 of 187 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-06-15 CERTNM Certificate change of name company
- 2023-06-15 CONNOT Change of name notice
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-26 | AA | accounts | Accounts with accounts type full | |
| 2026-05-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-15 | AA | accounts | Accounts with accounts type full | |
| 2025-05-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-31 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-03-31 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-11-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-21 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-03 | AA | accounts | Accounts with accounts type full | |
| 2024-05-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-11-30 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-11-30 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-11-30 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-11-07 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-29 | AA | accounts | Accounts with accounts type full | |
| 2023-06-15 | CERTNM | change-of-name | Certificate change of name company | |
| 2023-06-15 | CONNOT | change-of-name | Change of name notice |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.