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Novax Limited

02468983

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

FOXWOOD ROAD, SHEEPBRIDGE CHESTERFIELD, S41 9RN
Incorporated 09/02/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31090
Manufacture of other furniture

Officers

Mr Jonathan David Buchanan

director · Since 04/12/2006

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Mrs Crystal Marie Buchanan

secretary · Since 17/07/2025

Persons with Significant Control

Mr Jonathan David Buchanan

75–100% shares
75–100% votes
Appoint directors

British · England · Age 41

Foxwood Road, Sheepbridge Chesterfield, S41 9RN

Notified 30/09/2022

Former PSCs

Mr Stanley Nolan Buchanan

Ceased 30/09/2022

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/07/2014Registered 05/08/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/11/1999Registered 23/11/1999Satisfied 26/06/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/12/1997Registered 12/12/1997Satisfied 26/06/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 14/01/1993Registered 19/01/1993Satisfied 26/06/2013

CompanyRankvs 401+ SIC 31090 peers
73

Financial strength91th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.84× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£291k

Balance sheet strength

Cash

£29k

Cash in the bank

Net Current Assets

£201k

Working capital

Current Assets

£441k

Current Liabilities

£240k

Fixed Assets

£315k

Debtors

£115k

15avg. employees-1

Balance Sheet

Bank loans & overdrafts£14k
Assets less current liabilities£516k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.84-£121k
20241.92-£9k
20231.72+£59k
20222.00+£67k
20211.84

Derived from filed accounts. Not audited figures.