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Novel Ideas Promotion Ltd

09385110

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

Healthy

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

Details

25 STATION ROAD, HINCKLEY, LE10 1AP
Incorporated 12/01/2015

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/01/2026

Due 26/01/2027

On track

Industry

73120
Media representation

Officers

Mr Nicholas John Frederick Wale

director · Since 12/01/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 1 other board

Mrs Lori Ann Wale

director · Since 20/01/2015

EDITOR/PROOFREADER

AMERICAN · ENGLAND · Age 57

Persons with Significant Control

Mr Nicholas John Frederick Wale

Significant control

British · England · Age 36

25, Station Road, Hinckley, LE10 1AP

Notified 06/04/2016

CompanyRankvs 489+ SIC 73120 peers
79

Financial strength88th percentile among SIC peers · 22/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4.57× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

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

Employees11/15 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.

Longevity11/15 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 31/12/2024

Net Worth

£86k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£83k

Working capital

Current Assets

£107k

Current Liabilities

£23k

Fixed Assets

£2k

2avg. employees

Balance Sheet

Assets less current liabilities£86k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.57+£13k
20234.65+£9k
20223.95-£3k
20216.69+£4k
20209.01+£10k
20192.29+£6k
20183.01

Derived from filed accounts. Not audited figures.