Nex Gen Tech Solutions Ltd

Nex Gen Tech Solutions Ltd, based in Harrow, UK, is a small, active company founded five years ago. It employs just two people and holds £1,399 in assets, operating from a real address. The company is led by one director and has two owners, with Sharma Poonam and Sharma Shikha listed as owners.

The company specializes in IT, IoT, OTT, generative AI, and related services, offering solutions to a diverse range of industries including media entertainment, communications, internet of things, banking, manufacturing, and automotive. Its website showcases a comprehensive suite of services, from infrastructure and cloud solutions to cybersecurity, data engineering, and mobile-first staffing. It also highlights several case studies, demonstrating its work with companies like ViewLift, AHA, and HOICHOI. The company even offers its own suite of products, including NGStreams, Qantily, and BeatRoute.

Financially, Nex Gen Tech Solutions Ltd presents a mixed picture. While the company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees, its equity has remained at -£3,500. Cash bank on hand is steady at £1,400, but creditors have remained constant at £4,500. The lack of employees (just two reported) suggests a lean operation, and the absence of an auditor (likely due to small company status) means the figures are unaudited. The company's net assets and liabilities are at -£3,400.

The consistent equity deficit and relatively high creditors suggest the company may be burning through cash to fuel its growth, although it’s hard to say for sure. The company's focus on technology and its diverse range of services indicates a forward-thinking approach, but its financial health will be key to its long-term success.

Registered in England/Wales under the registration number 12547639, with a registered address at HA1 4TN, England, Harrow, 202 Harrow View.

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