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Nova Material Recycling Ltd

10765883

active - proposal to strike off
Private Limited Company
england wales
Companies House
Health Score
N/A

Details

SSSI DEPTFORD RECYCLING CENTRE LANDMANN WAY, LONDON, SE14 5RS
Incorporated 11/05/2017

Compliance

Last accounts

31/05/2022

total exemption full

Next accounts due

29/02/2024

Overdue

Confirmation statement

Last: 10/05/2023

Due 24/05/2024

Overdue

Industry

82990
Other business support service activities

Officers

Mr Bobby Connolly

secretary · Since 11/05/2017

Mr Bobby James Connolly

director · Since 11/05/2017

DIRECTOR

ENGLISH · UNITED KINGDOM · Age 28

Also on 3 other boards

Persons with Significant Control

Mr Bobby James Connolly

75–100% shares
75–100% votes

English · United Kingdom · Age 28

Sssi Deptford Recycling Centre, Landmann Way, London, SE14 5RS

Notified 11/05/2017

CompanyRankvs 134770+ SIC 82990 peers
37

Financial strength3th percentile among SIC peers · 1/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.73× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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134770Nova Material Recycling Ltd
33
How is this score calculated?
Financial strength1/25 pts

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

Employees6/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 31/05/2022

Net Worth

-£92k

Balance sheet strength

Cash

£77k

Cash in the bank

Net Current Assets

-£83k

Working capital

Current Assets

£218k

Current Liabilities

£300k

Fixed Assets

£31k

Debtors

£140k

1avg. employees

Balance Sheet

Bank loans & overdrafts£720
Assets less current liabilities-£51k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20220.73-£22k
20210.74—

Derived from filed accounts. Not audited figures.