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Novaworx Ltd

11170776

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

Details

BURTON MANOR THE VILLAGE, NESTON, CH64 5SJ
Incorporated 25/01/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78200
Temporary employment agency activities

Officers

Mr Robert David Kurton

director · Since 02/03/2020

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 7 other boards

Persons with Significant Control

Recruitment Investment Network Ltd

50–75% shares

Burton Manor, The Village, Neston, CH64 5SJ

Reg: 10919319 · England And Wales · Limited Company

Notified 12/04/2021

Former PSCs

Mr Benjamin Peter Russell

Ceased 12/04/2021

Charges2 outstanding

Charge
outstanding

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CompanyRankvs 8832+ SIC 78200 peers
34

Financial strength52th percentile among SIC peers · 13/25
Employees38th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.35× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength13/25 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.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2024

Net Worth

£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£212k

Working capital

Current Assets

£116k

Current Liabilities

£328k

Debtors

£116k

1avg. employees-1

Balance Sheet

Intangible assets£5k
Assets less current liabilities-£208k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.35
20200.84

Derived from filed accounts. Not audited figures.