Novatia Plc
04656812
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/06/2003
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 63
Also on 2 other boards
director · Since 22/08/2011
OPERATIONS DIRECTOR
AMERICAN · ENGLAND · Age 53
secretary · Since 23/10/2017
Persons with Significant Control
Circle 8 Holdings Limited
1, Winnall Valley Road, Winchester, SO23 0LD
Reg: 04934511 · Companies House · Limited Company
Notified 06/04/2016
Charges2 outstanding
ADVANTEDGE COMMERCIAL FINANCE (NORTH) LIMITED
BIBBY FINANCIAL SERVICES LTD
SKIPTON BUSINESS FINANCE LIMITED
CompanyRankvs 92454+ SIC 62020 peers17
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/03/2025
Turnover
£478k
Annual revenue
Net Worth
-£47k
Balance sheet strength
Cash
£2k
Cash in the bank
Profit Before Tax
-£5k
Bottom line earnings
Net Current Assets
-£45k
Working capital
Current Assets
£100k
Current Liabilities
£144k
Debtors
£98k
Cost of Sales
£405k
Gross Profit
£73k
Admin Expenses
£52k
Operating Profit
£21k
Profit After Tax
-£5k
Tax at Year End
Director Loans(2024)
People Costs(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.69 | -£5k | £712k |
| 2024 | 0.95 | -£14k | £195k |
| 2023 | 0.99 | -£25k | £210k |
| 2022 | 0.43 | -£9k | £312k |
| 2021 | 0.46 | — | £465k |
Derived from filed accounts. Not audited figures.