Back to search

Novares Peterlee Limited

03070940

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

FIENNES ROAD, PETERLEE, SR8 2QH
Incorporated 21/06/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

20160
Manufacture of plastics in primary forms
71129
Other engineering activities

Officers

Mr Saad Madani

director · Since 16/01/2026

MOROCCAN · LUXEMBOURG · Age 41

Mr ã–Zgur Frã‰Dã‰Ric Sipahi

director · Since 16/01/2026

FRENCH · LUXEMBOU · Age 44

Persons with Significant Control

Former PSCs

Equistone Partners Europe Sas

Ceased 17/04/2025

Mecaplast International Bv

Ceased 24/10/2017

Novares Group Sas

Ceased 27/07/2020

Global Technologies S.A.R.L.

Ceased 17/04/2025

Charges5 outstanding

Charge
outstanding

GLAS SAS

Created 30/04/2026Registered 06/05/2026
Charge
outstanding

FACTOFRANCE S.A.S.

Created 16/06/2017Registered 21/06/2017
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 15/12/2016Registered 22/12/2016
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 15/12/2016Registered 20/12/2016
Charge
satisfied

THE COUNCIL OF THE CITY OF SUNDERLAND

Created 24/12/2013Registered 04/01/2014Satisfied 05/10/2016
Charge
outstanding

LOMBARD NORTH CENTRAL PLC

Created 08/07/2013Registered 23/07/2013
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 30/03/2011Registered 01/04/2011Satisfied 23/11/2016
charge
satisfied

LLOYDS TSB BANK PLC

Created 30/07/2004Registered 17/08/2004Satisfied 12/11/2011
charge
satisfied

CREDIT LYONNAIS

Created 10/02/1997Registered 27/02/1997Satisfied 17/10/2002

CompanyRankvs 90+ SIC 20160 peers
36

Financial strength74th percentile among SIC peers · 19/25
Employees46th percentile among SIC peers · 7/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength19/25 pts

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

Employees7/15 pts

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

Liquidity0/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

to continue in operational existence for that period, taking into account reasonable possible changes in trading performance. The forecasts support the ability of the company to remain a going concern and to be able to trade and meets its debts as they fall due. The directors believe that there is no material uncertainty in relation to going concern and that the company has adeq

Key FinancialsYear ending 31/12/2024

Net Worth

£400k

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

£2.5M

Bottom line earnings

Net Current Assets

Working capital

Current Assets

Current Liabilities

Cost of Sales

£18.4M

Admin Expenses

£3.9M

Profit After Tax

£1.7M

1avg. employees

Tax at Year End

Corp tax£0
Dividends paid-£5.1M

People Costs

Wages & salaries£3.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2024+£0
2024+£0
2023-£11.6M
20221.58+£228k
20211.94

Derived from filed accounts. Not audited figures.