{"name":"NEMSTAR LTD","company_number":"NI601436","status":"Active","type":"Private Limited Company","incorporated":"2009-11-26","dissolved":null,"registered_office":"48-60 High Street, Belfast, Northern Ireland, BT1 2BE","postcode":"BT1 2BE","sic_codes":[{"code":62090,"description":"Other information technology service activities"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Micro","year_end":"31 March","last_made_up_to":"2026-03-31","next_due":"2027-12-31"},"employees":{"count":6,"accounts_date":"2026-03-31"},"financials":[{"financial_date":"2026-03-31","net_assets":16717,"average_employees":6},{"financial_date":"2025-03-31","net_assets":49104,"average_employees":6},{"financial_date":"2024-03-31","net_assets":97498},{"financial_date":"2023-03-31","net_assets":86646,"cash":122941},{"financial_date":"2022-03-31","net_assets":28251}],"officers":{"current":2,"resigned":0,"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":"NEMSTAR LTD is a long-established but diminutive IT services provider operating in Belfast's competitive technology sector, classified under SIC 62090. The company has experienced a pronounced deterioration in its financial position over the past two years, with net assets declining by approximately 83% from £97,498 in FY2024 to £16,717 in FY2026, and its current ratio falling below the healthy threshold for the sector. While the business benefits from low leverage, director continuity, and a 15-year trading history, the scale of recent asset erosion—whether driven by trading losses, dividend extraction, or write-downs—raises material concerns about its competitive sustainability in an increasingly challenging market characterised by skills inflation, IR35 disruption, and intensified competition from both local and remote providers.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/nemstar","people":"https://www.companiesintheuk.co.uk/company/nemstar/people","filing_history":"https://www.companiesintheuk.co.uk/company/nemstar/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/NI601436","financials":"https://www.companiesintheuk.co.uk/company/nemstar/financial","control":"https://www.companiesintheuk.co.uk/company/nemstar/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/nemstar/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/nemstar"}