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Novalux Energy North Ltd

08928140

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

NOVALUX ENERGY BLACKBROOK ESTATE, MONMOUTH, NP7 8UB
Incorporated 07/03/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

16100
Sawmilling and planing of wood

Officers

Mr Joseph Edward Allcott

director · Since 07/03/2014

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 4 other boards

Mr Jamie Joseph Vaughan

director · Since 07/03/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Also on 2 other boards

Persons with Significant Control

Novalux Holdings Limited

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

Blackbrook Estate, Skenfrith, Abergavenny, NP7 8UB

Reg: 11002601 · England And Wales · Limited Company

Notified 16/01/2024

Former PSCs

Novalux Energy Solutions Ltd

Ceased 16/01/2024

Charges1 outstanding

Charge
outstanding

NOVALUX HOLDINGS LIMITED

Created 11/07/2024Registered 12/07/2024

CompanyRankvs 252+ SIC 16100 peers
34

Financial strength75th percentile among SIC peers · 19/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

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

Employees6/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

the directors are aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. The company has net current liabilities at the balance sheet date. In order to continue to trade the company is reliant upon the support of its Directors and Shareholders. It has been indicat

Key FinancialsYear ending 30/06/2025

Net Worth

£972k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£411k

Working capital

Current Assets

£41k

Current Liabilities

£452k

Fixed Assets

£1.6M

Debtors

£35k

2avg. employees

Balance Sheet

Assets less current liabilities£1.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.09+£1.8M
20240.03-£473k
20230.03-£228k
20220.17-£87k
20210.42

Derived from filed accounts. Not audited figures.