NEXT DEVELOPMENT LIMITED
Company number 13283814 · Active · London SW19 1FA
NEXT DEVELOPMENT LIMITED is an active private limited company (company number 13283814) incorporated on 22 March 2021, registered in London. Its registered activity is retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store (SIC 47599). Latest micro accounts cover the period ending 31 March 2025, showing net assets of £79k, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 88% on the prior period (£42k).
By net assets it sits in the top quarter of 703 comparable companies in London (median £1,378, upper quartile £37k).
Key dates
- Incorporated
- 22 March 2021
- Next accounts due
- 31 December 2026 — in 74 days
- Confirmation statement due
- 5 April 2027 — in 169 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 47599
- Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
- Accounts type
- Micro Entity
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 March 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | £79k | — | — | £358k | — | — | 2 |
| 31 March 2024 | £42k | — | — | £208k | — | — | 0 |
- Current ratio
- 0.53 — current liabilities exceed current assets
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
Firmoscan score: 68/100 (grade B)
- +10 Positive net assets — Net assets £78,521 at 2025-03-31
- +8 Net assets growing — +88.1% vs prior period
- -8 Current liabilities exceed current assets — Current ratio 0.53
- +8 Established — Incorporated 2021-03-22 (6 years)
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Mr Alkis Michael — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 1 July 2023
- Mr Soterakis Michael — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors · since 22 March 2021 · ceased 1 July 2023
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in London
Same activity (retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store), closest in incorporation date.
- STRAW LONDON LIMITED — London, inc. Mar 2021
- DESIGNER SOFAS (BX) LTD. — London, inc. Mar 2021
- DESIGNER SOFAS (BRENT CROSS) LTD. — London, inc. Mar 2021
- DAGMAR FURNITURE LTD — London, inc. Mar 2021
- FURNICHE LTD — London, inc. Mar 2021
- MINT GALLERY LIMITED — London, inc. Mar 2021
Reminders for NEXT DEVELOPMENT LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.