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Nova Wealth Ltd

10739796

active
ltd
england wales
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

Previously known as

Octopus Wealth Limited · until 02/07/2024
Carib Planning Limited · until 25/04/2019

Compliance

Last accounts

30/04/2025

small

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 16/04/2026

Due 30/04/2027

On track

Industry

62012
Business and domestic software development
64999
Other financial service activities

Officers

Mr Joseph Anthony Alexander Mclean

director · Since 13/11/2019

DIRECTOR

ENGLISH · ENGLAND · Age 41

Also on 4 other boards

Andrew Lawley Mcmillan

director · Since 13/11/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Joseph Anthony Alexander Mclean

director · Since 13/11/2019

English · England · Age 41

Andrew Lawley Mcmillan

director · Since 13/11/2019

British · United Kingdom · Age 37

Former

Nicola Board

secretary · Resigned 09/04/2018

Mike Coker

director · Resigned 06/09/2018

Mark Soonaye

director · Resigned 28/02/2019

Henry Allen

director · Resigned 13/11/2019

Parisha Kanani

secretary · Resigned 28/11/2019

Richard Jacob Wazacz

director · Resigned 29/09/2020

Simon Andrew Rogerson

director · Resigned 30/07/2024

Octopus Company Secretarial Services Limited

corporate secretary · Resigned 12/08/2024

Persons with Significant Control

Nova Wealth Holdings Ltd

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

20, Farringdon Street, London, EC4A 4AB

Reg: 10738861 · Companies House · Limited By Shares

Notified 25/04/2017

Change History

officer appointedMCLEAN, Joseph Anthony Alexander
2026-08-10
officer appointedMCMILLAN, Andrew Lawley
2026-08-10
statusactive
2026-08-10

Active

typeltd
2026-08-10

Private Limited Company

address line120 Farringdon Street
2026-08-10

20 FARRINGDON STREET

post townLondon
2026-08-10

LONDON

CompanyRankvs 1851+ SIC 62012 peers
73

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.74× · 20/20
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 strength24/25 pts

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

Employees15/15 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.

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

the performance of the Company, 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. Page 5 NOVA WEALTH LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2. Accounting policies (continued) 2.4 Revenue

Key FinancialsYear ending 30/04/2025

Net Worth

£873k

Balance sheet strength

Cash

£245k

Cash in the bank

Net Current Assets

£840k

Working capital

Current Assets

£1.3M

Current Liabilities

£483k

Fixed Assets

£33k

Debtors

£1.1M

64avg. employees+8

Balance Sheet

Assets less current liabilities£873k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20252.74-£663k
20243.65

Derived from filed accounts. Not audited figures.