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Nova Pangaea Technologies (Uk) Limited

08881891

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

LEALHOLME BUILDING, MIDDLESBROUGH, TS10 4RG
Incorporated 07/02/2014

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 07/02/2026

Due 21/02/2027

On track

Industry

20590
Manufacture of other chemical products

Officers

James Sitter

director · Since 16/07/2025

DIRECTOR

SCOTTISH · UNITED KINGDOM · Age 48

Also on 1 other board

Dr David John Braben

director · Since 16/07/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 3 other boards

Mark Burton

director · Since 16/07/2025

SOLICITOR

BRITISH · UNITED KINGDOM · Age 48

Also on 1 other board

Mercia Fund Management (Nominees) Limited

director · Since 16/07/2025

BRITISH

Also on 109 other boards

Gary William Bowdler

director · Since 26/08/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 2 other boards

Gerald Koch

director · Since 01/11/2025

CONSULTANT

GERMAN · GERMANY · Age 47

Also on 1 other board

Stewart Maco Stewart

director · Since 01/01/2026

AMERICAN · ENGLAND · Age 55

Also on 2 other boards

Persons with Significant Control

Nova Pangaea Technologies Ltd

75–100% shares

1, Castlewood Avenue, Dublin 6

Reg: Ie462465 · Ireland · Limited Company

Notified 06/04/2016

CompanyRankvs 5720+ SIC 20590 peers
37

Financial strength14th percentile among SIC peers · 4/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.13× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength4/25 pts

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

Employees14/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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

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

Going Concern Doubt

the directors believe that the ultimate parent company will be able to fund the working capital requirements of this company for the next 12 months and have therefore continued to adopt the going concern basis in preparing the financial statements. There can be no certainty in relation to these matters and this uncertainty may cast doubt on the company's ability to continue as a going co

Key FinancialsYear ending 31/12/2024

Net Worth

£1

Balance sheet strength

Cash

£262k

Cash in the bank

Net Current Assets

-£19.8M

Working capital

Current Assets

£3.0M

Current Liabilities

£22.7M

Fixed Assets

£559k

Debtors

£2.7M

32avg. employees+11

Balance Sheet

Assets less current liabilities-£19.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.13
20230.10
20220.07
20210.05
20200.05

Derived from filed accounts. Not audited figures.