NEXTGEN CLEARING LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +14.6%

  £16,056,515 → £18,406,270

• Cash

  -21.7%

  £5,991,248 → £4,689,844

• Net assets

  -25.7%

  £9,184,528 → £6,821,607

• Employees

  +22.7%

  242 → 297

  highest in 5 filed years

• Operating profit

  +176%

  £807,591 → £2,229,338

• Profit before tax

  +194.3%

  £1,041,737 → £3,066,267

• Wages

  +21.8%

  £5,503,272 → £6,701,142

  highest in 5 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

1. NEXTGEN CLEARING LIMITED 2008-03-25 → present
2. NEXT GENERATION CLEARING LIMITED 2007-08-09 → 2008-03-25

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Gravita Audit II Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Group structure

1. NEXTGEN CLEARING LIMITED · parent
   1. Nextgen Clearing Private Limited 99.99% · India
   2. Nextgen Mea Limited 100% · London
   3. Nextgen Plus Limited 100% · London
   4. Nexgen MEA Digital Co. 98% · Egypt

Significant events

• “The Company undertook a share buyback program in 2024 under which some shareholders received funds from the Company in return for shares, which were subsequently cancelled by the company.”
• “The cash balance decreased from £6.0 million in December 2023 to £4.7 million in December 2024, largely due to the share buyback conducted during the course of 2024.”
• “On 8 June 2023 the company acquired 98 percent of the issued capital of Nexgen MEA Egypt.”
• “On 25 August 2025, Tritex Solutions Ltd was formally dissolved and struck off the register. In connection with the Associate, the Group held intellectual property rights with a carrying value of £10,000, recognised within intangible assets. As a result of the dissolution, these intangible assets were written off in full in the current year.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

6

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.