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Novabend Solutions Limited

09743137

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

ALPHA HOUSE, HARROW, HA3 8DD
Incorporated 21/08/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Srinivas Reddy

director · Since 21/08/2015

IT CONSULTANT

BRITISH · UNITED KINGDOM · Age 52

Also on 1 other board

Persons with Significant Control

Mr Srinivas Reddy

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

British · United Kingdom · Age 52

Alpha House, 296 Kenton Road, Harrow, HA3 8DD

Notified 06/04/2016

CompanyRankvs 13503+ SIC 62020 peers
75

Financial strength96th percentile among SIC peers · 24/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 15.71× · 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 strength24/25 pts

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

Employees5/15 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 31/08/2025

Net Worth

£349k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£340k

Working capital

Current Assets

£363k

Current Liabilities

£23k

Fixed Assets

£30k

1avg. employees

Balance Sheet

Assets less current liabilities£370k
Signed by Mr Srinivas Reddy 27/01/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202515.71-£9k
202414.72+£87k
2023118.03-£15k
2022793.83-£5k
20212299.21-£5k
20209.89+£50k
20195.57+£86k
20185.43

Derived from filed accounts. Not audited figures.