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Nova Design Ltd

07565767

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

WATT HOUSE INNOVATION CENTRE, KINGSWINFORD, DY6 7YD
Incorporated 16/03/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production

Officers

Mr David John Parry

director · Since 16/03/2011

DIRECTOR

BRITISH · ENGLAND · Age 78

Also on 1 other board

Mr Nicky James Parry

director · Since 16/03/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 2 other boards

Persons with Significant Control

Mr David John Parry

25–50% shares
25–50% votes

British · England · Age 78

Watt House, Innovation Centre, Kingswinford, DY6 7YD

Notified 06/04/2016

CompanyRankvs 1157+ SIC 71121 peers
72

Financial strength29th percentile among SIC peers · 7/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 9.11× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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1157Nova Design Ltd
72
How is this score calculated?
Financial strength7/25 pts

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

Employees15/15 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.

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

Key FinancialsYear ending 31/05/2025

Net Worth

£100

Balance sheet strength

Cash

£364k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.5M

Current Liabilities

£161k

Debtors

£1.1M

18avg. employees-2

Balance Sheet

Assets less current liabilities£1.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20259.11
202411.48
20237.42
20227.33
20214.04
20204.34
20192.08

Derived from filed accounts. Not audited figures.