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Novak Reading Ltd

09104208

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

527 MOSELEY ROAD, BIRMINGHAM, B12 9BU
Incorporated 26/06/2014

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 01/08/2025

Due 15/08/2026

On track

Industry

56103
Take-away food shops and mobile food stands
56290
Other food service activities

Officers

Mr Khalid Latif Khan

director · Since 18/08/2014

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 8 other boards

Persons with Significant Control

Mainstream Foods Limited

75–100% shares

527, Moseley Road, Birmingham, B12 9BU

Notified 06/04/2016

CompanyRankvs 12148+ SIC 56103 peers
56

Financial strength100th percentile among SIC peers · 25/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

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

Employees2/15 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£939k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£922k

Working capital

Current Assets

£2k

Current Liabilities

£924k

0avg. employees

Balance Sheet

Assets less current liabilities£922k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00+£14k
2023+£70k
20220.13+£474k
20210.21+£74k
20200.21

Derived from filed accounts. Not audited figures.