Novate Ltd
05009293
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
31/12/2026
Confirmation statement
Last: 23/12/2025
Due 06/01/2027
Industry
Officers
Persons with Significant Control
Mr Mark Troy Snape
British · England · Age 64
185 Southwell Road West, Mansfield, NG18 4HD
Notified 01/07/2016
Mrs Alison Snape
British · England · Age 62
185 Southwell Road West, Mansfield, NG18 4HD
Notified 01/07/2016
CompanyRankvs 7187+ SIC 62020 peers78
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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.
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
£128k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£127k
Working capital
Current Assets
£157k
Current Liabilities
£30k
Fixed Assets
£2k
Tax at Year End(2021)
Director Loans(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 5.26 | +£34k | — |
| 2024 | 6.09 | +£23k | — |
| 2023 | 7.38 | +£17k | — |
| 2022 | 5.53 | +£30k | — |
| 2021 | 4.91 | +£10k | £27k |
| 2020 | 3.18 | +£2k | — |
| 2019 | 3.31 | — | — |
Derived from filed accounts. Not audited figures.