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Nb Avenue Limited

09909042

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

BELGRAVE PLACE, BURY, BL9 0ED
Incorporated 09/12/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

20120
Manufacture of dyes and pigments
46160
Agents involved in the sale of textiles, clothing, fur, footwear and leather goods
71200
Technical testing and analysis
72190
Other research and experimental development on natural sciences and engineering

Officers

Mrs Simone Janette Fleming

secretary · Since 09/12/2015

Mr Naveen Banga

director · Since 09/12/2015

MANAGER

BRITISH · UNITED KINGDOM · Age 36

Ms Nikita Banga

director · Since 09/12/2015

MANAGER

BRITISH · ENGLAND · Age 34

Also on 7 other boards

Persons with Significant Control

Ms Nikita Banga

25–50% shares

British · England · Age 34

Belgrave Place, 8 Manchester Road, Bury, BL9 0ED

Notified 01/05/2016

Former PSCs

Mr Kanwar Paul Banga

Ceased 28/09/2019

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 14/08/2020Registered 18/08/2020

CompanyRankvs 15+ SIC 20120 peers
32

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.77× · 16/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/07/2023

Net Worth

£1.1M

Balance sheet strength

Cash

£42k

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£3.6M

Current Liabilities

£2.0M

Fixed Assets

£61k

Debtors

£3.4M

0avg. employees-26

Tax at Year End

VAT£490k

Balance Sheet

Intangible assets£2k
Bank loans & overdrafts£500k
Assets less current liabilities£1.6M
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20231.77+£144k£9.8M
20221.44-£739k
20211.61+£321k
20201.72+£785k
20191.41

Derived from filed accounts. Not audited figures.