Nova Pangaea (Holdings) Ltd
10117710
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 25/04/2026
Due 09/05/2027
Industry
Officers
director · Since 07/03/2024
DIRECTOR
SCOTTISH · UNITED KINGDOM · Age 48
Also on 1 other board
director · Since 19/12/2024
DIRECTOR
BRITISH · UNITED KINGDOM · Age 62
Also on 3 other boards
director · Since 28/04/2025
SOLICITOR
BRITISH · UNITED KINGDOM · Age 48
Also on 1 other board
director · Since 26/08/2025
DIRECTOR
BRITISH · UNITED KINGDOM · Age 45
Also on 2 other boards
Persons with Significant Control
Former PSCs
Mr Yunus Patel
Ceased 04/05/2017
CompanyRankvs 40660+ SIC 72190 peers37
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
the directors believe that the company will be able to fund the working capital requirements of this company and the group for the next 12 months and have therefore continued to adopt the going concern basis in preparing the financial statements. There can be no certainty in relation to these matters and this uncertainty may cast doubt on the company's ability to continue as a going con
Key FinancialsYear ending 31/12/2024
Net Worth
£12k
Balance sheet strength
Cash
£1.0M
Cash in the bank
Net Current Assets
-£7.5M
Working capital
Current Assets
£1.0M
Current Liabilities
£8.6M
Debtors
£1
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.12 | +£1.5M |
| 2023 | 11.75 | -£3.2M |
| 2022 | 70.51 | +£333k |
| 2021 | 488.20 | +£1.4M |
| 2020 | 25.76 | — |
Derived from filed accounts. Not audited figures.