Norvic Modular Systems Ltd
09098660
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 23/06/2014
ELECTRICIAN
BRITISH · ENGLAND · Age 36
Also on 1 other board
Persons with Significant Control
Mr David Michael Cowperthwaite
British · England · Age 36
Unit 5b, Keer Park, Carnforth, LA5 9FG
Notified 06/04/2016
Norvic Group Ltd
5, Ribblesdale Place, Preston, PR1 8BZ
Notified 17/10/2022
Former PSCs
Mr Warren Skelly
Ceased 17/10/2022
CompanyRankvs 8892+ SIC 32990 peers49
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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 31/12/2024
Net Worth
£2k
Balance sheet strength
Cash
£9k
Cash in the bank
Net Current Assets
-£11k
Working capital
Current Assets
£88k
Current Liabilities
£99k
Fixed Assets
£15k
Debtors
£42k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.89 | +£16k |
| 2023 | 0.51 | — |
Derived from filed accounts. Not audited figures.