Novel Gifts Ltd
07057473
Healthy
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/10/2009
DIRECTOR
BRITISH · UNITED KINGDOM · Age 57
Also on 13 other boards
secretary · Since 30/10/2012
Persons with Significant Control
Sanjay Patel
British · United Kingdom · Age 57
Unit 1d, Squires Gate Ind. Est., Blackpool, FY4 3RN
Notified 01/10/2016
CompanyRankvs 54+ SIC 64304 peers83
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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 31/10/2024
Net Worth
£2.4M
Balance sheet strength
Cash
£2.3M
Cash in the bank
Profit Before Tax
£46k
Bottom line earnings
Net Current Assets
£2.4M
Working capital
Current Assets
£2.5M
Current Liabilities
£41k
Debtors
£150k
Gross Profit
-£15k
Admin Expenses
£9k
Operating Profit
-£24k
Profit After Tax
£37k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 60.69 | +£507k |
| 2023 | 739.10 | +£380k |
| 2022 | 2056.32 | +£540k |
| 2021 | 36.43 | +£655k |
| 2020 | 14.41 | +£346k |
| 2019 | 3.87 | +£28 |
| 2018 | 3.83 | — |
Derived from filed accounts. Not audited figures.