Novit Ltd
10871295
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Sarp Ulas Ocak
Turkish · England · Age 36
1 Oxbridge Court, Old Fruiterers Yard, Oxford, OX2 0ES
Notified 18/07/2017
CompanyRankvs 41023+ SIC 62012 peers40
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/06/2025
Net Worth
-£4k
Balance sheet strength
Cash
£16k
Cash in the bank
Net Current Assets
-£6k
Working capital
Current Assets
£55k
Current Liabilities
£61k
Fixed Assets
£3k
Debtors
£39k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.90 | +£16k | £475k |
| 2024 | 0.63 | -£34k | £446k |
| 2023 | 2.17 | -£15k | £61k |
| 2022 | 4.28 | +£16k | — |
| 2020 | 1.74 | — | — |
| 2019 | 14.78 | — | — |
Derived from filed accounts. Not audited figures.