MEGANEXUS LTD

Company number 03606348 ·

Active

Executive summary

Meganexus Ltd presents a fundamentally sound credit proposition with net assets of £3.06M, strong profitability of £1.54M in FY2020, and a current ratio exceeding 3:1. However, the 59% decline in cash despite rising profits, coupled with a 136% surge in debtors to £3.89M, raises material concerns about cash conversion and working capital management that must be resolved before full credit approval. The recent resignation of the controlling shareholder-director further necessitates conditional treatment pending clarification of management continuity and the underlying quality of the debtor book.

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Shareholders' funds

£3,064,678

Balance sheet as at 2020-12-31

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Overview

Company type
Private Limited Company
Incorporated
1998-07-29
Employees
20 (2020 accounts · was 24 in 2019)
Registered office
C/O Nec Software Solutions Suite 101, Imex Centre, 575-599 Maxted Road, Hemel Hempstead, Hertfordshire, England, HP2 7DX
Postcode
HP2 7DX
Capital
100 GBP
Accounts category
Small

Accounts

Last made up to
2024-12-31
Next due by
2027-03-29
Financial year end
29 June

Confirmation statement

Last statement dated
2026-07-06
Next due by
2027-07-20
View filing history →

Nature of business (SIC)

  • 62020 Information technology consultancy activities

Officers 2 current · 6 resigned

Subscribers only Director
Subscribers only Appointed 2026-01-08
Subscribers only Director
Appointed 2026-01-08

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Group structure

Controlled by NEC SOFTWARE SOLUTIONS UK LIMITED — since 2026-01-08

From persons-with-significant-control filings on the public register.

Public contracts won 3

£11,667,367 total awarded value where published.

Contains public sector information licensed under the Open Government Licence v3.0 (Contracts Finder).

Modern slavery statement

Registered a modern slavery statement for 2026 (period to 2026-03-31) as part of the NEC SOFTWARE SOLUTIONS UK LIMITED group statement.

Read the statement summary on the government modern slavery statement registry. Contains public sector information licensed under the Open Government Licence v3.0.

Data protection registration

Registered with the ICO as a data protection fee payer — Z9003750 (Tier 2), registered since 2005.

Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.

Contact details

Website
http://www.meganexus.com

Previous company names

NameDate changed
SEQUATION LIMITED2018-02-26
MEGANEXUS LIMITED2017-12-22
DEFENSIVE ASSET MANAGEMENT FUND LIMITED2003-11-04
AUTOMATED PROFILE SYSTEMS LIMITED2001-02-15
FORAGER SYSTEMS LIMITED1998-08-11

Previous registered addresses 6

AddressChanged on
ARGYLE HOUSE 29 - 31 EUSTON ROAD, LONDON, NW1 2SD2018-08-09
CENTA HOUSE, 61 BIRKENHEAD STREET, LONDON, WC1H 8BB2009-11-13
37 LANCASTER GROVE, LONDON, NW3 4HB2006-07-12
7 STEELES MEWS SOUTH, LONDON, NW3 4SJ2005-08-25
65 ETON AVENUE, LONDON, NW3 3EU2004-12-07
39 DYNHAM ROAD, LONDON, NW6 2NT2003-11-05

Among its peers

Top 1%

by shareholders' funds, of 1,526 similar companies in HP

Among the biggest employers among its local peers (20 staff).

Among the oldest 25% of its local peers, trading since 1998.

No.4 of the largest information technology consultancy activities companies in High Wycombe →

367 companies are registered at this postcode →

Competitors High Wycombe

This company ranks 4 among information technology consultancy activities in High Wycombe.

Full league table →

The class of 1998

29%

of the 2,428 companies in this sector incorporated in 1998 are still active today; 69% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →