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Novarlex Limited

05421341

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

33 CAVENDISH SQUARE, LONDON, W1G 0PW
Incorporated 11/04/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Merkur Secretaries Limited

secretary · Since 27/09/2006

BRITISH

Merkur Services Limited

director · Since 27/09/2006

BRITISH

Mr Xavier Maurice Frendo

director · Since 25/07/2023

DIRECTOR

BRITISH · GIBRALTAR · Age 79

Persons with Significant Control

Merkur Services Limited

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

Suite 6, 4, Watergardens

Reg: 32919 · Gibraltar · Corporate

Notified 06/04/2016

CompanyRankvs 12706+ SIC 70100 peers
40

Financial strength1th percentile among SIC peers · 0/25
Employees68th percentile among SIC peers · 10/15
LiquidityNo balance sheet data · 0/20
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 strength0/25 pts

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

Employees10/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£3.0M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£4.6M

Working capital

Current Assets

—

Current Liabilities

£4.6M

Fixed Assets

£1.6M

2avg. employees

Balance Sheet

Assets less current liabilities-£3.0M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearImplied Profit
2024-£11k
2023-£19k
2022-£7k

Derived from filed accounts. Not audited figures.