NSL (HOLDINGS) LIMITED
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Next accounts due
2026-07-31 (in 2mo)
Last filed for 2024-10-31
Confirmation statement due
2027-03-31 (in 10mo)
Last made up 2026-03-17
Watchouts
None on the register
Cash
£211K
-90.2% vs 2023
Net assets
£6M
-12.6% vs 2023
Employees
36
+16.1% vs 2023
Profit before tax
-£1M
-120.4% vs 2023
Net assets
7-year trend · vs Consumer Discretionary median
Accounts
7-year trend · latest reflected 2024-10-31
| Metric | Trend | 2018-05-31 | 2019-05-31 | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £13,630,386 | £13,425,667 | |
| Operating profit | — | — | — | — | — | -£1,398,816 | -£1,082,842 | |
| Profit before tax | — | — | — | — | — | £5,260,460 | -£1,073,510 | |
| Net profit | — | — | — | — | — | £5,761,157 | -£804,842 | |
| Cash | £998 | £998 | £998 | £998 | £998 | £2,163,856 | £210,982 | |
| Total assets less current liabilities | — | — | — | — | — | £6,592,077 | £5,773,624 | |
| Net assets | — | — | — | — | — | £6,409,435 | £5,604,593 | |
| Equity | — | — | — | £583,727 | £646,778 | £6,409,435 | £5,604,593 | |
| Average employees | — | — | — | — | — | 31 | 36 | |
| Wages | — | — | — | — | — | £948,081 | £982,094 | |
| Directors' remuneration | — | — | — | — | — | £120,000 | £120,000 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-10-31 vs 2023-10-31
-
Turnover
-1.5%
£13,630,386 £13,425,667
-
Cash
-90.2%
£2,163,856 £210,982
-
Net assets
-12.6%
£6,409,435 £5,604,593
-
Employees
+16.1%
31 36
-
Operating profit
+22.6%
-£1,398,816 -£1,082,842
-
Profit before tax
-120.4%
£5,260,460 -£1,073,510
-
Wages
+3.6%
£948,081 £982,094
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-05-31 | 2019-05-31 | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | -10.3% | -8.1% | |
| Net margin | — | — | — | — | — | 42.3% | -6.0% | |
| Return on capital employed | — | — | — | — | — | -21.2% | -18.8% | |
| Current ratio | — | — | — | — | — | 1.69x | 1.57x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Hindocha & Co Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. The directors continue to adopt the going concern basis on the basis that they will continue financial support.”
Group structure
- NSL (HOLDINGS) LIMITED · parent
- Necessity Supplies Limited 100%
- NSL Group Limited 100%
Significant events
- “The group profit and loss includes a fair value adjustment in previous year of £6,644,037 due to the consolidation impact of Primecrown Limited, a subsidiary that went into liquidation on 26 June 2024.”
- “On 26 June 2024, Primecrown Limited, a subsidiary of the Group, entered into liquidation. This was treated as an adjusting post-balance sheet event in the financial statements for the year ended 31 October 2024, with a fair value adjustment recognised to write off material creditors net of assets, resulting in an increase in reserves of £6,644,037.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MEHTA, Ketan | Secretary | 2014-03-17 | — | — |
| MEHTA, Bharat Himatlal | Director | 2014-03-17 | Nov 1952 | British |
| MEHTA, Ketan Himatlal | Director | 2014-03-17 | Sep 1958 | British, |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Bharat Himatlal Mehta | Individual | Shares 25–50%, Voting 25–50%, Appoints directors, significant-influence-or-control-as-firm | 2024-08-14 | Active |
| Mr Ketan Himatlal Mehta | Individual | Shares 25–50% | 2016-06-20 | Active |
Filing timeline
Last 20 of 26 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-31 | AA | accounts | Accounts with accounts type group | |
| 2025-03-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-14 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-07-31 | AA | accounts | Accounts with accounts type group | |
| 2024-03-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-31 | AA | accounts | Accounts with accounts type group | |
| 2023-03-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-29 | AA | accounts | Accounts with accounts type group | |
| 2022-04-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-30 | AA | accounts | Accounts with accounts type group | |
| 2021-04-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-05-15 | AA01 | accounts | Change account reference date company current extended | |
| 2020-03-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-03-03 | AA | accounts | Accounts with accounts type group | |
| 2019-04-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-03-04 | AA | accounts | Accounts with accounts type group | |
| 2018-04-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-03-06 | AA | accounts | Accounts with accounts type group | |
| 2017-05-16 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.