NMI VENTURES LIMITED

• ⚠

  Annual accounts overdue

  Due 2026-03-31.

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

  +86.1%

  £51,768,253 → £96,338,333

• Cash

  +173.6%

  £225,896 → £618,070

  highest in 4 filed years

• Net assets

  -82.5%

  £585,531 → £102,478

• Employees

  +2.5%

  81 → 83

• Operating profit

  -35.1%

  £465,662 → £302,394

• Profit before tax

  -463.1%

  £97,272 → -£353,230

• Wages

  +81%

  £46,519,427 → £84,186,100

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. NMI VENTURES LIMITED 2022-04-13 → present
2. IPE EQUITY MANAGEMENT LIMITED 2019-03-05 → 2022-04-13

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Saffery LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“One of the subsidiaries is reliant upon the repayment of balances owed to it by the company. The company in turn is reliant upon the repayment of loans from companies outside of the group that are deemed to be related parties. Whilst the directors believe these debtors to be recoverable, and under common control, they have sought assurances from the majority owner of the company that should these debtors not be recoverable, the owner will provide funding sufficient to ensure the subsidiary can continue to pay its liabilities as they fall due. A letter confirming these facts has been received from the majority owner. Based on the above facts, the directors have concluded that the going concern basis is appropriate and the financial statements are accordingly prepared on that basis.”

Group structure

1. NMI VENTURES LIMITED · parent
   1. Taskmaster Resources Limited 75% · UK · Recruitment services
   2. Recruitex Limited 75% · UK · Holding company
   3. Recruitmaster Limited 75% · UK · Holding company
   4. NMI Bidco Limited 75% · UK · Holding company
   5. I4 Services Limited 100% · UK · Payroll services
   6. I4 Pay Partners Limited 100% · UK · Payroll services
   7. Payroll Partners 100% · UK · Payroll services

Significant events

• “In July 2022, the company acquired 100% of the I4 group, followed by the 75% acquisition of Taskmaster in December 2022.”
• “On 3 April 2024, the company sold I4 Pay Partners Limited and I4 Services Limited.”

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

Filings

4

last 12 months

Capital events

0

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.