Lyric discussion by Macarebe 

Cover art for Nettles lyrics by Arctic Monkeys

I really think this song is about cocaine.

It sounds like a rush and got some metaphorical bits:

"And snorted on the stench Of Their arithmetic Looked for the boy who was hanging his head low"

And

"With a smile in his pocket And a scowl on his face He had nowhere to flee So sat content in the nettles"