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Novo Motors Limited

10924975

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 8 KINGFISHER COURT, KINGFISHER WAY, HUNTINGDON, PE29 6FG
Incorporated 21/08/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Colin Leslie Bacon

director · Since 21/08/2017

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 7 other boards

Mrs Leonie Jane Bacon

secretary · Since 12/03/2019

Persons with Significant Control

Mrs Leonie Jane Bacon

25–50% shares
25–50% votes

British · United Kingdom · Age 41

1 Kestrel Way, Eagle Business Park, Peterborough, PE7 3GQ

Notified 12/03/2019

Mr Colin Leslie Bacon

25–50% shares
25–50% votes

British · United Kingdom · Age 55

1 Kestrel Way, Eagle Business Park, Peterborough, PE7 3GQ

Notified 12/03/2019

CompanyRankvs 14938+ SIC 45112 peers
46

Financial strength15th percentile among SIC peers · 4/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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14938Novo Motors Limited
41
How is this score calculated?
Financial strength4/25 pts

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

Employees12/15 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 31/03/2025

Net Worth

-£7k

Balance sheet strength

Cash

£707

Cash in the bank

Net Current Assets

-£15k

Working capital

Current Assets

£77k

Current Liabilities

£92k

Fixed Assets

£15k

Debtors

£38k

3avg. employees-1

Balance Sheet

Assets less current liabilities£16
Signed by Mr C L Bacon 17 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.83+£21k
20240.67+£12k
20230.83-£31k
20221.23-£13k
20211.48+£32k
20200.51+£43
20190.63—

Derived from filed accounts. Not audited figures.