Novek Limited
11130954
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 06/05/2019
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 73
Also on 8 other boards
Persons with Significant Control
Novek Technology Inc
112 Capitol Trail Suite, A420, Newark, 19711
Reg: 6736817 · Secretary Of State Division Of Corporations · Limited Company
Notified 30/05/2022
Former PSCs
Mr Zahid Azim Mitha
Ceased 30/05/2022
Mr Edoardo Biraghi
Ceased 30/05/2022
CompanyRankvs 12226+ SIC 63990 peers41
Show leaderboard
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 31/12/2024
Net Worth
-£42k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£45k
Working capital
Current Assets
£315k
Current Liabilities
£360k
Fixed Assets
£4k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.88 | -£36k |
| 2023 | 0.90 | +£9k |
| 2022 | 0.62 | — |
| 2021 | 1.00 | — |
| 2020 | 0.95 | +£10k |
| 2019 | 0.13 | -£13k |
Derived from filed accounts. Not audited figures.