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Nova Design Associates Limited

05934024

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

C/O LEE CHRISTIAN & CO LTD SUITE 222 CUFFLEY POINT, CUFFLEY, EN6 4RY
Incorporated 13/09/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Luigi D'Amore

secretary · Since 13/09/2006

BRITISH

Mr Giovanni Insalaco

director · Since 13/09/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Persons with Significant Control

Mr Giovanni Insalaco

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 58

C/O Lee Christian & Co Ltd, Suite 222 Cuffley Point, Cuffley, EN6 4RY

Notified 06/04/2016

Mrs Jackie Elizabeth Owens

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 55

C/O Lee Christian & Co Ltd, Knuway House, Potters Bar, EN6 3JN

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

MITRE BRIDGE PARTNERSHIP LIMITED

Created 04/01/2011Registered 08/01/2011
charge
outstanding

MITRE BRIDGE PARTNERSHIP LIMITED

Created 07/01/2008Registered 12/01/2008

CompanyRankvs 645+ SIC 43390 peers
67

Financial strength96th percentile among SIC peers · 24/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.62× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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645Nova Design Associates Limited
87
How is this score calculated?
Financial strength24/25 pts

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

Employees13/15 pts

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

Liquidity20/20 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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 30/09/2024

Net Worth

£432k

Balance sheet strength

Cash

£371k

Cash in the bank

Net Current Assets

£413k

Working capital

Current Assets

£527k

Current Liabilities

£114k

Fixed Assets

£34k

Debtors

£154k

4avg. employees-2

Tax at Year End(2019)

Corp tax£50k

Balance Sheet

Intangible assets£4k
Assets less current liabilities£448k
Signed by Mr G Insalaco 23rd June 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.62+£9k
20234.06+£7k
20222.69+£234k
20212.03+£33k
20201.48-£26k
20191.83+£48k
20181.46—

Derived from filed accounts. Not audited figures.