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Novarama Limited

04907780

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

GROVE HOUSE C/O DAUD QADRI & CO 2, LONDON, N12 0DR
Incorporated 23/09/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74100
Specialised design activities

Officers

Darren Stuart Ball

director · Since 01/10/2009

ECO CONSULTANT

BRITISH · ENGLAND · Age 57

Ms Karen Elizabeth Novak

secretary · Since 01/02/2023

Persons with Significant Control

Mr Darren Stuart Ball

50–75% shares

British · United Kingdom · Age 57

35, Knighton Park Road, London, SE26 5RJ

Notified 10/04/2016

CompanyRankvs 10049+ SIC 74100 peers
65

Financial strength71th percentile among SIC peers · 18/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.63× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees11/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£14k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£9k

Working capital

Current Assets

£15k

Current Liabilities

£24k

Fixed Assets

£25k

2avg. employees

Balance Sheet

Assets less current liabilities£16k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.63+£349
20230.64-£2k
20220.60-£6k
20210.64

Derived from filed accounts. Not audited figures.