{"name":"MEGANEXUS LTD","company_number":"03606348","status":"Active","type":"Private Limited Company","incorporated":"1998-07-29","dissolved":null,"registered_office":"C/O Nec Software Solutions Suite 101, Imex Centre, 575-599 Maxted Road, Hemel Hempstead, Hertfordshire, England, HP2 7DX","postcode":"HP2 7DX","sic_codes":[{"code":62020,"description":"Information technology consultancy activities"}],"principal_activity":null,"previous_names":[{"name":"SEQUATION LIMITED","changed_on":"2018-02-26"},{"name":"MEGANEXUS LIMITED","changed_on":"2017-12-22"},{"name":"DEFENSIVE ASSET MANAGEMENT FUND LIMITED","changed_on":"2003-11-04"},{"name":"AUTOMATED PROFILE SYSTEMS LIMITED","changed_on":"2001-02-15"},{"name":"FORAGER SYSTEMS LIMITED","changed_on":"1998-08-11"}],"warnings":[],"accounts":{"category":"Small","year_end":"29 June","last_made_up_to":"2024-12-31","next_due":"2027-03-29"},"employees":{"count":20,"accounts_date":"2020-12-31"},"financials":[{"financial_date":"2020-12-31","profit_loss":1542762,"net_assets":3064678,"cash":421558,"average_employees":20},{"financial_date":"2019-12-31","profit_loss":893296,"net_assets":1521916,"cash":1032380,"average_employees":24}],"officers":{"current":2,"resigned":6,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_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.","website":"http://www.meganexus.com","links":{"page":"https://www.companiesintheuk.co.uk/ltd/meganexus-2","people":"https://www.companiesintheuk.co.uk/company/meganexus-2/people","filing_history":"https://www.companiesintheuk.co.uk/company/meganexus-2/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/03606348","financials":"https://www.companiesintheuk.co.uk/company/meganexus-2/financial","control":"https://www.companiesintheuk.co.uk/company/meganexus-2/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/meganexus-2/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/meganexus-2"}