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Nova Wealth Holdings Ltd

10738861

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

20 FARRINGDON STREET, LONDON, EC4A 4AB
Incorporated 25/04/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64205
Activities of financial services holding companies

Officers

Mr Joseph Anthony Alexander Mclean

director · Since 13/11/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Andrew Mcmillan

director · Since 13/11/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Mr Robert Alan Devey

director · Since 06/11/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 12 other boards

Persons with Significant Control

Octopus Capital Limited

75–100% shares

6th Floor, 33 Holborn, London, EC1N 2HT

Reg: 3981143 · Companies House · Limited By Shares

Notified 25/04/2017

Mr Joseph Anthony Alexander Mclean

25–50% votes

English · England · Age 40

20, Farringdon Street, London, EC4A 4AB

Notified 20/05/2024

Robert Alan Devey

25–50% votes

English · England · Age 57

20, Farringdon Street, London, EC4A 4AB

Notified 20/05/2024

Andrew Mcmillan

25–50% votes

English · England · Age 37

20, Farringdon Street, London, EC4A 4AB

Notified 20/05/2024

CompanyRankvs 10490+ SIC 64205 peers
50

Financial strength80th percentile among SIC peers · 20/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees14/15 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.

Longevity9/15 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

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

prevailing economic conditions, the Directors are satisfied that there is no material uncertainty leading to a significant doubt in this regard and that it is appropriate to continue to adopt the going concern basis in preparing the financial statements. 2.4 Taxation Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other compr

Key FinancialsYear ending 30/04/2025

Net Worth

£216k

Balance sheet strength

Cash

£2

Cash in the bank

Net Current Assets

-£2.9M

Working capital

Current Assets

£23k

Current Liabilities

£2.9M

Fixed Assets

£10.2M

Debtors

£23k

5avg. employees

Balance Sheet

Assets less current liabilities£7.3M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01-£201k
20240.09

Derived from filed accounts. Not audited figures.